The Global Smart Clothing Market is estimated to reach USD XX billion in 2021 and is projected to grow at a CAGR of XX% during the forecast period till 2030.
The increasing growth of smart shirts, jackets, and vests helps smart clothing market participants grow their businesses. Smart shirts are developed to provide biometric data including respiratory rate, heart rate, and muscle activity that can be used to improve performance as well as workout plans professionally. Data is collected and sent to companion apps, which provide insight into sports parameters such as calories burned, intensity and recovery, fatigue level, and sleep quality among others. The increasing use of smart wearable fabrics in the sports, healthcare, and fitness industries is a popular trend driving the smart clothing market's expansion.
However, the high cost of production of smart clothing products is impeding market growth. On the other hand, during the forecast period, the growing adoption of smart clothing mostly in fashion industry creates business opportunities for the growth of smart clothing market players.
FIGURE 1: GLOBAL SMART CLOTHING MARKET
High competition from fitness tracker manufacturers is expected to bode well for the global smart clothing market. Smart fabrics are being researched in order to provide more accurate results and measurements than fitness trackers. They are used to assess athletes' stride length and rate, muscle activity, and foot landing. Manufacturers of smart clothing, as well as technology companies, are collaborating to create innovative products. This is expected to open up a slew of profitable opportunities in the global smart clothing market.
The involvement of both fitness as well as fashion smart clothing companies in the international market is expected to result in significant growth in the near future. While operating in the global smart clothing market, players could majorly focus on higher product quality to increase their sales rate. The growing number of collaborations in the global smart clothing market is anticipated to lead to the introduction of more comfortable, fashionable, and functional products.
Market Segmentation
The global smart clothing market is segmented based on textile type, product type, connectivity, end-user industry, and region.
FIGURE 2: GLOBAL SMART CLOTHING MARKET SEGMENTATION
Global Smart Clothing Market, by Textile Type
Based on textile type, the market is divided into active smart, passive smart, ultra-smart. From that, active smart segment is expected to hold largest market share during the forecast period. The active smart textile segment dominates the smart clothing market. Active smart types can sense and respond to stimuli; this property is useful for many applications in most end-user industries; for example, phase-change materials are used for heat storage and transfer. This type is used to make clothing for firefighting, bulletproof jackets, sports, and other occupations. As a result, the market for active smart textiles has been rapidly expanding in recent years.
Global Smart Clothing Market, by Product Type
Based on Product Type, the market is divided into upper wear, lower wear, innerwear, others (socks, beanie, gloves, and hats). From that, upper wear segment is anticipated to grow with highest CAGR during the forecast period. Rising demand for monitoring bodily activities via sensors, as well as increased adoption of upper wear for various end-user industries, are driving the market. Growing awareness of the importance of sports and fitness is expected to provide significant growth opportunities for market participants.
Global Smart Clothing Market, by Connectivity
Based on connectivity, the market is divided into Wi-Fi, Bluetooth, GPS, RFID. From that, the Bluetooth segment accounted to hold largest share in smart clothing market. The RFID segment, on the other hand, is expected to grow at a rapid pace during the forecast period. Sensors, displays, as well as smart devices that can be fully integrated into the human body with sensor integration in smart clothing, have been a major development in the electronics industry over the last decade. The majority of smart clothing items are linked to users' smartphones using connectivity technologies such as Bluetooth or Wi-Fi.
Global Smart Clothing Market, by End-User Industry
Based on End-User Industry, the market is segmented into Military & Defense, Sports & Fitness, Fashion & Entertainment, Healthcare, Mining, Others (construction, transportation, and automotive). From that, Sports & Fitness segment is projected to register significant growth during the forecast period. For the smart clothing market, the sports and fitness end-user industry is expected to grow rapidly. Sensors are being used in innerwear as well as clothing, such as heated underwear and heart-rate monitoring sports bras. Owing to the increasing use of sports bras that use sensors to record breathing rates, running distance, and heart rates, there is a growing market for smart innerwear in the sport and fitness industry. As a result, the market for sports and fitness innerwear is expected to grow significantly in the near future.
Global Smart Clothing Market, by Region
Based on region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America is anticipated to hold the major market share of the smart clothing market throughout the forecast period because of the region's growing demand for fitness and health tracking smart clothes. Furthermore, North America is a significant hub for technological new technologies and innovations. The increase in R&D in smart clothing in terms of new as well as improved technologies, as well as the rising need for improved lifestyle, is the two key factors contributing to the growth in North America.
The Asia-Pacific region is expected to become the fastest-growing region in the market for Smart Clothing. This is due to the increasing adoption of various wearable devices, as well as the increasing demands for new features in the products. Furthermore, rising security concerns as well as rising military and defense budgets in nations such as China and India are expected to drive a surge in demand for these products.
FIGURE 3: GLOBAL SMART CLOTHING MARKET (USD BILLION), MARKET OVERVIEW, 2021–2030
Recent Developments in the Global Smart Clothing Market
- Levi's and Google introduced the Commuter Jacket 2.0 smart jacket in 2020, and Google was able to shrink the battery-powered tag that gives the jacket its smart powers to more than half the size of the original tag.
Market Players
The key market players operating the in the global Smart Clothing market are AiQ Smart Clothing, Athos, Carre Technologies, Sensoria, Clothing Plus, Cityzen Sciences, Vulpes Electronics, DuPont, Wearable X, Applycon, Toray Industries, Myontec, Myzone, Siren, and Owlet and others.
What Does this Report Provide?
Report provides a detailed understanding of the global smart clothing market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market and an in-depth analysis of the leading companies operating in the market. The major market drivers, challenges, restraints, and opportunities for the global smart clothing market have also been covered in the report.
This report further includes the market shares of the leading companies operating in the global smart clothing market, along with their production capacities and the growth strategies adopted by them. An in-depth pricing analysis, patent analysis, and distribution channel analysis have also been covered in the report. Apart from these, how COVID-19 pandemic has affected the global Smart Clothing market has been analyzed in this study, both in terms of qualitative and quantitative analysis.
Market Segmentation:
By Textile Type
- Active Smart
- Passive Smart
- Ultra-Smart
By Product Type
- Upper Wear
- Lower Wear
- Innerwear
- Others
- Socks
- Beanie
- Gloves
- Hats
By Connectivity
- Wi-Fi
- Bluetooth
- GPS
- RFID
By End-User Industry
- Military & Defense
- Sports & Fitness
- Fashion & Entertainment
- Healthcare
- Mining
- Others
- Construction
- Transportation
- Automotive
By Region
North America Smart Clothing Market
- North America, by Country
-
- The U.S.
- Canada
- Mexico
- North America, by Textile Type
- North America, by Product Type
- North America, by Connectivity
- North America, by End-User Industry
Europe Smart Clothing Market
- Europe, by Country
-
- Germany
- The U.K.
- France
- Italy
- Spain
- Russia
- The Rest of Europe
- Europe, by Textile Type
- Europe, by Product Type
- Europe, by Connectivity
- Europe, by End-User Industry
Asia-Pacific Smart Clothing Market
- Asia-Pacific, by Country
-
- China
- India
- Japan
- South Korea
- Australia
- The Rest of Asia-Pacific
- Asia-Pacific, by Textile Type
- Asia-Pacific, by Product Type
- Asia-Pacific, by Connectivity
- Asia-Pacific, by End-User Industry
Middle East and Africa Smart Clothing Market
- Middle East and Africa, by Country
-
- The UAE
- Saudi Arabia
- Qatar
- South Africa
- The Rest of Middle East and Africa
- Middle East and Africa, by Textile Type
- Middle East and Africa, by Product Type
- Middle East and Africa, by Connectivity
- Middle East and Africa, by End-User Industry
South America Smart Clothing Market
- South America, by Country
-
- Brazil
- Argentina
- Colombia
- The Rest of South America
- South America, by Textile Type
- South America, by Product Type
- South America, by Connectivity
- South America, by End-User Industry
Reasons to Buy This Report:
- Market size estimation of the smart clothing market on a regional and global basis
- Unique research usage for market size estimation and forecast
- Profiling of major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
- By Segment
- By Sub-segment
- By Region/Country
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