Smart Clothing Market Revenue, Company Profile, Key Trend Analysis & Forecast, 2021–2032
The global smart clothing market size was USD 2.74 Billion in 2021 and is expected to register a revenue CAGR of 26.8% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for smart textiles from athletes and fitness preferring individuals are also contributing to revenue growth of the market. For example, Ambiotex launched a T-shirt that includes one TechUnit, which is a small device that is connected to the clothing item to collect and process key data, one micro Universal Serial Bus (USB) cable and adapter, and one operating manual. This garment is made to make users more aware of their bodies while tracking their stress and fitness levels. This smart T-Shirt has built-in sensors that can analyze vitals and fitness and stress levels. It can also determine ‘the Individual Anaerobic Threshold’ (IAT).
The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
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Key companies profiled in the report include:
AiQ Smart Clothing, Sensoria Inc., Vulpes Electronics, WEARABLE X, Applycon, sro, Hexoskin, Mondevices, Inc., Ralph Lauren Media LLC, Under Armour, Inc. and Myontec
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Smart Clothing market?
What are the key product types and applications of the Smart Clothing industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Smart Clothing market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Smart Clothing Market by 2027?
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Market Segmentation
-
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Upper Wear
- Innerwear
- Lower Wear
- Shoes & Socks
- Others
-
Fabric Type Outlook (Revenue, USD Billion; 2019–2030)
- Ultra smart
- Active Smart
- Passive Smart
- Others
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Sports & Fitness
- Fashion & Entertainment
- Military
- Healthcare
- Others
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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