Global Smart Clothing Market Overview:
Smart clothing is where technology meets textile. It is also known as E-textile, high tech clothing, smart garments, smart wear, electronic textile, smart textile and smart fabric- is a clothing item that has been enhanced with the technology and is integrated with sensors and digital components with them. This clothing technology sense and monitor the environment condition. Smart clothing uses conductive textiles and advances analytical systems that allow the wearer to capture and quantify real-time data from their body and mind. It is used in various applications such as sports & leisure, healthcare, military, and others.
- Growing Demand for Monitoring Bodily Activities Through Sensors
- Rising Demand for Smart Clothes from Various End-User Industries
- High Cost Associated With the Smart Clothing
- Growing Awareness About the Need for Sports & Fitness
- Increased Spending In Military & Defense Sector Across Various Countries To Protect Soldiers From Potential Injuries Present
Some of the key players profiled in the report are Athos (United States), AiQ Smart Clothing (Taiwan), Sensoria (United States), Cityzen Sciences (France), Clothing Plus (Finland), Carre Technologies (Canada), DuPont (United States), Vulpes Electronics (Japan), Applycon (Czech Republic), Myzone (United States), Toray Industries (Japan) and Wearable X (United States). Additionally, following companies can also be profiled that are part of our coverage like Siren (United States), Owlet (United States) and Myontec (Finland). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Smart Clothing market by 2025. Considering Market by End User Industry, the sub-segment i.e. Military & Defense will boost the Smart Clothing market. Considering Market by Textile Type, the sub-segment i.e. Active Smart will boost the Smart Clothing market. Considering Market by Function, the sub-segment i.e. Biosensors will boost the Smart Clothing market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Smart Clothing market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Clothing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Clothing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Regulatory Bodies, Including Government Agencies And NGOs, Commercial Research & Development (R&D) Institutions, Importers and Exporters, Government Organizations, Research Organizations, And Consulting Firms, Trade Associations And Industry Bodies and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.