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Global Smart Clothing Market: By Fabric Type: Active Smart, Passive Smart, Ultra-Smart; By Product: Upper Wear, Lower Wear, Undergarments; By Application: Sports and Fitness, Healthcare, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Smart Clothing Market Outlook
The global smart clothing market is expected to grow in the forecast period of 2021-2026 at a CAGR of 25% to reach USD 8.15 billion by 2026.
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Sports and Defense Sectors Leading the Growth of Smart Clothing Industry Globally
Growing awareness about fitness, increasing trials to prevent injuries during sports activities and increasing investments in defense would lead to the growth of the smart clothing industry globally in the forecast period. Smart clothing can already be seen as an important component in military uniforms to trace and detect the soldier’s location, environmental analysis, and to improve the health of soldiers. Military groups are partnering with government agencies and leading companies to develop and financially support the development of smart clothing.
Further, injuries to highly paid athletes result in high cost, not just from the player’s treatment and rehabilitation but also from the cost associated with the lost ticket and merchandise sales. Smart clothing products have the ability to decrease or even eliminate most of the preventable injuries, thus making smart clothing highly valuable for athletes and sports teams. This is also the reason which makes smart clothing highly beneficial for the healthcare sector as well. Also, the demand for smart clothing is rapidly increasing for fitness related purposes as it helps to record running distance, breathing rates and heart rates with the help of sensors.
Smart Clothing: Industry Definition and Segmentation
Smart clothing, also known as electronic textiles and smart garments, is an advanced fusion of technology and fashion that allows electronics such as sensors, transmitters and receivers to be embedded in fabrics that help monitor the physical conditions and body activities of the consumer. Smart clothing offers added value to the consumers as it can be used for various health related monitoring reasons, tracking and providing biometric data.
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Smart clothing, on the basis of fabric type, can be classified as:
- Active Smart
- Passive Smart
- Ultra-Smart
The major types of product of smart clothing can be categorised as:
- Upper wear
- Lower wear
- Undergarments
- Others
The market can be broadly divided on the basis of its application as:
- Sports and Fitness
- Healthcare
- Military and Defense
- Industrial and Mining
- Entertainment
- Others
The EMR report looks into the regional markets of smart clothing like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growth in Military, Sports and Healthcare Sectors to Boost the Smart Clothing Industry
Rising awareness regarding health and fitness among people will raise the demand for smart clothing for monitoring body activities through sensors. Increasing use of smart clothing by athletes to monitor their performance and prevent injuries will also be a major industry driver in the forecast period. It is also being adopted on a large scale by the healthcare sector to prevent injuries to their staff, record body temperature, and treat muscle related pains and issues.
However, high manufacturing costs and the lack of awareness, data privacy issues and technical challenges can prove to be a barrier to the rising demand for smart clothing over the forecast period.
Key Industry Players in the Global Smart Clothing Market
The report presents a detailed analysis of the following key players in the global smart clothing market, looking into their capacity, market shares, and latest developments like capacity expansions and technological advancements:
- AiQ Smart Clothing
- DuPont de Nemours, Inc.
- Carré Technologies Inc.
- Toray Industries, Inc.
- Vulpes Electronics
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Smart Clothing Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Clothing Historical Market (2016-2020)
8.3 Global Smart Clothing Market Forecast (2021-2026)
8.4 Global Smart Clothing Market by Fabric Type
8.4.1 Active Smart
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Passive Smart
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Ultra-Smart
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.5 Global Smart Clothing Market by Product
8.5.1 Upper Wear
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Lower Wear
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Undergarments
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
8.6 Global Smart Clothing Market by Application
8.6.1 Sports and Fitness
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Healthcare
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Military and Defense
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Industrial and Mining
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Entertainment
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2016-2020)
8.6.5.3 Forecast Trend (2021-2026)
8.6.6 Others
8.7 Global Smart Clothing Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players’ Market Share
12.3 Company Profiles
12.3.1 AiQ Smart Clothing
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.1.3 Demographic Reach and Achievements
12.3.1.4 Certifications
12.3.2 DuPont de Nemours, Inc.
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.2.3 Demographic Reach and Achievements
12.3.2.4 Certifications
12.3.3 Carré Technologies Inc.
12.3.3.1 Company Overview
12.3.3.2 Product Portfolio
12.3.3.3 Demographic Reach and Achievements
12.3.3.4 Certifications
12.3.4 Toray Industries, Inc.
12.3.4.1 Company Overview
12.3.4.2 Product Portfolio
12.3.4.3 Demographic Reach and Achievements
12.3.4.4 Certifications
12.3.5 Vulpes Electronics
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Smart Clothing Market: Key Industry Highlights, 2016 and 2026
2. Global Smart Clothing Historical Market: Breakup by Fabric Type (USD Million), 2016-2020
3. Global Smart Clothing Market Forecast: Breakup by Fabric Type (USD Million), 2021-2026
4. Global Smart Clothing Historical Market: Breakup by Product (USD Million), 2016-2020
5. Global Smart Clothing Market Forecast: Breakup by Product (USD Million), 2021-2026
6. Global Smart Clothing Historical Market: Breakup by Application (USD Million), 2016-2020
7. Global Smart Clothing Market Forecast: Breakup by Application (USD Million), 2021-2026
8. Global Smart Clothing Historical Market: Breakup by Region (USD Million), 2016-2020
9. Global Smart Clothing Market Forecast: Breakup by Region (USD Million), 2021-2026
10. North America Smart Clothing Historical Market: Breakup by Country (USD Million), 2016-2020
11. North America Smart Clothing Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Europe Smart Clothing Historical Market: Breakup by Country (USD Million), 2016-2020
13. Europe Smart Clothing Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Asia Pacific Smart Clothing Historical Market: Breakup by Country (USD Million), 2016-2020
15. Asia Pacific Smart Clothing Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Latin America Smart Clothing Historical Market: Breakup by Country (USD Million), 2016-2020
17. Latin America Smart Clothing Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Middle East and Africa Smart Clothing Historical Market: Breakup by Country (USD Million), 2016-2020
19. Middle East and Africa Smart Clothing Market Forecast: Breakup by Country (USD Million), 2021-2026
20. Global Smart Clothing Market Structure
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