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Smart Clothing Market Growing Trend & Future Demand | Sensoria Inc., Cityzen Sciences, Applycon S.R.O.


iCrowdNewswire   Nov 20, 2020  3:42 AM ET

Global Smart Clothing Market Size study, by Textile Type (Active Smart, Passive Smart, Ultra-Smart), Product Type (Upper Wear, Lower Wear, Innerwear, and Others), End-User Industry (Military & Defense, Sports & Fitness, Fashion & Entertainment, Healthcare) and Regional Forecasts 2020-2027  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Smart Clothing market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Smart Clothing market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Global Smart Clothing Market is valued approximately USD 1.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 26.2 % over the forecast period 2020-2027.

Smart clothing is an advanced convergence of fashion and technology, an invention that has transformed imagination into reality. Smart clothing is the next generation of clothing with value-added features, such as monitoring the biometrics of individuals, adapting to changes in the environment, and more. Unlike other intelligent wearables (smart watches), smart clothing does not require charging. Instead of focusing only on smart watches and smart bands, businesses are thus shifting their focus towards developing smart clothing. Growing Awareness About the Need for Sports & Fitness would increase the market growth. The market is driven by the demand for sensor tracking of bodily activities, the smart clothing adoption for various end-user industries. The key players of global Smart clothing market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In 2020, Levi’s and Google launched the latest Commuter Jacket 2.0 smart jacket, and Google was able to minimize the battery-powered tag that gives the jacket its intelligent powers to more than half the size of the original tag. However, high product cost would restrain the growth of market. Also, In 2017, Polar, a key player in the market for smart apparel, released a polar team pro jersey. The shirt is activated using the heart rate monitoring system and GPS tracking.

The regional analysis of global Smart Clothing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of the smart clothing adoption for various end-user industries.  Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the demand for sensor tracking of bodily activities would create lucrative growth prospects for the Smart Clothing Market across Asia-Pacific region.

Major market player included in this report are:

AIQ Smart Clothing

Athos

Carre Technologies Inc (Hexoskin)

Sensoria Inc.

Cityzen Sciences

Applycon S.R.O.

Clothing Plus

Dupont

Vulpes Electronics

Wearable X

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Textile Type:

Active Smart

Passive Smart

Ultra-Smart

By Product Type:

Upper Wear

 Lower Wear

 Innerwear

 Others

By End user industry:

Military & Defense

Sports & Fitness

Fashion & Entertainment

Healthacre

Mining

Others (construction, transportation, and automotive) 

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

 Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

For more information or any query mail at sales@reportocean.com 

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis 

The study objectives of this report are:

The Study Explore COVID 19 Outbreak Impact Analysis

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Key Points Covered in Smart Clothing Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Smart Clothing market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Smart Clothing  Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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