The Global Smart Clothing Market Report, published by Emergen Research, offers an industry-wide assessment of the Smart Clothing Market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2022-2030.
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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. 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).
Government agencies, elite corporations, and military organizations of various countries are collaborating and investing in Research and Development (R&D) activities for the development of advanced and innovative smart clothing. For example, the U.K.’s University of Cambridge scientists developed a woven smart textile with integrated active electronic, sensing, energy, and photonic functionalities.
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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Smart Clothing market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Some major companies in the global market 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.
Emergen Research has segmented the global smart clothing market on the basis of product type, fabric type, application, and region:
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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.
Highlights of the TOC:
1. Report Overview
1.1 Research Scope
1.2 Key Smart Clothing market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Smart Clothing market size
2.2 Latest Smart Clothing market trends
2.3 Key growth trends
3. Competitive Landscape
3.1 Global Smart Clothing market key players
3.2 Global Smart Clothing size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Smart Clothing market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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