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Smart Clothing Market Analysis

  • Report ID: GMI2016
  • Published Date: Aug 2017
  • Report Format: PDF

Smart Clothing Market Analysis

The smart t-shirts segment will grow significantly with over 50% CAGR till 2024 as these t-shirts provide biometric data such as heart rate, breathing rate & volume, and muscle activity. The collected data is analyzed to optimize performance & workout plans by coaches, providing in-depth assessments to individual athletes.
 

Smart jackets are also witnessing high demand due to its ability to control the mobile devices of the wearer and connect to several services such as music and camera directly from the jacket. Other features include charging facility for the mobile devices along with receiving & rejecting calls by swiping or tapping the jacket without even touching the device.
 

Military & defense applications of the market are predicted to expand at 55% during the forecast period. In order to gain visibility into the health of a soldier as well as crucial battlefield insights, various government institutions are investing heavily to develop technologically advanced military uniforms. The development of advanced solutions for the military & defense personnel will give them a tactical & technological advantage.
 

Data identifying potential battlefield injuries such as impact of bullets, explosions are extracted through the numerous sensors placed on the uniform across various body locations. These advanced uniforms collect vital signs and the data is used to identify the fitness of the soldiers, detect wounds & injuries and analyze the results of military engagements.
 

The U.S. smart clothing market is estimated to witness huge adoption and will dominate significant revenue share.  Increasing investments by various sports associations to eliminate the possibility of any preventable injuries to highly paid professional athletes is expected to fuel the industry growth.
 

The Asia Pacific market size will grow substantially in the next few years. This can be attributed to growing adoption of various wearable devices coupled with the increasing demand for advanced features in the products. In addition, rising security concerns and increasing military and defense budgets across countries such as India and China are predicted to witness huge demand for these products.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of smart clothing was valued USD 179 million in 2016.

The industry share of smart clothing is projected to witness more than 50% growth rate during 2017 to 2024.

Increasing investments by various sports associations to eliminate the possibility of any preventable injuries to highly paid professional athletes is expected to fuel the U.S. industry growth.

The smart t-shirts segment will grow significantly with over 50% CAGR till 2024 as these t-shirts provide biometric data such as heart rate, breathing rate & volume, and muscle activity.

Military & defense applications are predicted to expand at 55% during the forecast period, says this research report by Global Market Insights, Inc.

Key players in the market include Athos, Catapult Sports Pty Ltd, Heddoko Inc., Hexoskin, Lumo Bodytech Inc., Ralph Lauren, OMSignal, and Sensoria Inc.

Smart Clothing Market Scope

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Premium Report Details

  • Base Year: 2016
  • Companies covered: 26
  • Tables & Figures: 207
  • Countries covered: 12
  • Pages: 180
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