Huge Demand of Global Smart Clothing Market with Top Companies Analysis
Global Smart Clothing Market Size, Trends & Growth Opportunity, By Type (Passive, Active, and Ultra-Smart), By Product (Apparel, Footwear, Wearable Patches, and Others), By Connectivity (Bluetooth, WI-FI, GPS, and RFID), By End User, By Region and Forecas
(EMAILWIRE.COM, July 06, 2021 ) The smart clothing market was valued at US$ 1,146.00 million in 2020 and is expected to reach US$ 6,580.00 million by 2027; it is estimated to grow at a CAGR of 25.40% during 2020–2027.
The smart clothing is addressed as the incorporation of the textiles with the electronic components like transmitters, receivers, and sensors. It is category of clothing technology which is used to observe the physical state of an individual and accomplished enough for sensing the environmental conditions with the help of various sensors attached to it. This technology helps to augment individual’s performance and protect itself from severe injuries.
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Market Key Players
Various key players are discussed in this report such as AIQ Smart Clothing, Athos Sensoria Inc., Carre Technologies Inc, Applycon S.R.O., Cityzen Sciences, Clothing Plus, Dupont, Vulpes Electronics, and Wearable X.
Rise in demand of observing physical activities of the body through sensors and increase in the implementation of smart clothes among several end-use industries such as Healthcare, Sports & Fitness, Fashion & Lifestyle, and Military, are paving the growth of the smart clothing market globally.
High cost of products coupled with technological challenges as well as threat to data privacy these are some factors which can limit the growth of the market. Moreover, the lack of consumer awareness about the smart clothing apparels is also adding up to restraining the market growth.
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Impact of COVID-19 on the Smart Clothing Market
The smart clothing market has negatively impact the smart clothing market, owing to the lockdown imposed in majority of the regions. The manufacturing industry has observed adverse effects of the lockdown including the smart clothing industry. The spread of pandemic is anticipated to have a temporary impact on the smart clothing market. However, the smart clothing market is likely to exhibit positive growth in post-pandemic era.
Market Segmentation
Global Smart Clothing Market is segmented by type, by product, by connectivity and by end-user industry. The type segment is further classified into Passive, Active, and Ultra-Smart. Global Smart Clothing market is segmented by product into Apparel, Footwear, Wearable Patches, and Others. The market of smart clothing by connectivity is bifurcated into Bluetooth, WI-FI, GPS, and RFID. Further, market is segmented into end user such as Healthcare, Sports & Fitness, Fashion & Lifestyle, and Military.
Also, Global Smart Clothing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the global smart clothing market, followed by Europe and Asia Pacific. The evolution of Nano Technology and IoT plays a critical role in the products and demands for smart clothing across various industry verticals in the region. North America is a highly advanced and developed industrialized region owing to the presence of best manufacturing companies in the region.
Market Taxonomy by Type Passive Active Ultra-Smart
By Product Apparel Footwear Wearable Patches Others
By Connectivity Bluetooth WI-FI GPS RFID
By End user Healthcare Sports & Fitness Fashion & Lifestyle Military
By Region
North America
Latin America
Europe Asia Pacific
Middle East & Africa
Inquire To Know More About This Report @ https://qualiketresearch.com/request-sample/Smart-Clothing-Market/inquire-before-buying
The smart clothing is addressed as the incorporation of the textiles with the electronic components like transmitters, receivers, and sensors. It is category of clothing technology which is used to observe the physical state of an individual and accomplished enough for sensing the environmental conditions with the help of various sensors attached to it. This technology helps to augment individual’s performance and protect itself from severe injuries.
Request a Sample Copy of the Research Report @ https://qualiketresearch.com/request-sample/Smart-Clothing-Market/request-sample
Market Key Players
Various key players are discussed in this report such as AIQ Smart Clothing, Athos Sensoria Inc., Carre Technologies Inc, Applycon S.R.O., Cityzen Sciences, Clothing Plus, Dupont, Vulpes Electronics, and Wearable X.
Rise in demand of observing physical activities of the body through sensors and increase in the implementation of smart clothes among several end-use industries such as Healthcare, Sports & Fitness, Fashion & Lifestyle, and Military, are paving the growth of the smart clothing market globally.
High cost of products coupled with technological challenges as well as threat to data privacy these are some factors which can limit the growth of the market. Moreover, the lack of consumer awareness about the smart clothing apparels is also adding up to restraining the market growth.
Get your Customized Research Report @ https://qualiketresearch.com/request-sample/Smart-Clothing-Market/ask-for-customization
Impact of COVID-19 on the Smart Clothing Market
The smart clothing market has negatively impact the smart clothing market, owing to the lockdown imposed in majority of the regions. The manufacturing industry has observed adverse effects of the lockdown including the smart clothing industry. The spread of pandemic is anticipated to have a temporary impact on the smart clothing market. However, the smart clothing market is likely to exhibit positive growth in post-pandemic era.
Market Segmentation
Global Smart Clothing Market is segmented by type, by product, by connectivity and by end-user industry. The type segment is further classified into Passive, Active, and Ultra-Smart. Global Smart Clothing market is segmented by product into Apparel, Footwear, Wearable Patches, and Others. The market of smart clothing by connectivity is bifurcated into Bluetooth, WI-FI, GPS, and RFID. Further, market is segmented into end user such as Healthcare, Sports & Fitness, Fashion & Lifestyle, and Military.
Also, Global Smart Clothing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the global smart clothing market, followed by Europe and Asia Pacific. The evolution of Nano Technology and IoT plays a critical role in the products and demands for smart clothing across various industry verticals in the region. North America is a highly advanced and developed industrialized region owing to the presence of best manufacturing companies in the region.
Market Taxonomy by Type Passive Active Ultra-Smart
By Product Apparel Footwear Wearable Patches Others
By Connectivity Bluetooth WI-FI GPS RFID
By End user Healthcare Sports & Fitness Fashion & Lifestyle Military
By Region
North America
Latin America
Europe Asia Pacific
Middle East & Africa
Inquire To Know More About This Report @ https://qualiketresearch.com/request-sample/Smart-Clothing-Market/inquire-before-buying
Contact Information:
Qualiket Research
Hemant Singh
Tel: 8208257128
Email us
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Qualiket Research
Hemant Singh
Tel: 8208257128
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results