Global Smart Clothing Market Forecast, Trend Analysis And Competition Tracking - Global Market insights 2015 to 2031

Smart Clothing Market Introduction:

Smart clothes are a form of wearable technology that is worn for practical reasons. They're designed to measure and provide feedback on a person's activities. The clothing can be used to track heart rates, breathing, calories burned, and even record the number of steps in a day.

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Smart shirts and jumpsuits provide real-time biometric data to designated applications via Bluetooth, including body temperature, heart rate pattern, pulse rate, any body movement, and other important body information. Smart textiles provide enhanced performance and functions for a wide range of applications, including military, healthcare, sports, etc. Smart clothing fabrics are designed to regulate body temperature, reduce wind resistance and control muscle vibration, all of which can improve athletic performance. The development of electronic textiles is affected by the electronics and photonics industries. The combination of sensor arrays and plastic optical fibers (POF) produces smart clothing, which is an extension of functional fabrics.

Most people rely heavily on phones to do everything from tracking steps to sending a quick text in the modern world. With these powerful pieces of technology becoming a constant accessory, it seems only natural that they would make their way onto our bodies as well. Clothing is no exception to this trend, and designers across the board have been integrating technology into clothing for years now.

Global Smart Clothing Market Revenue Outlook:

Global Smart Clothing Market valued at US$ 2.8 Bn in 2020 and is projected to register а САGR of 25.7% by 2031.

Factors That Have A Positive Impact On The Market

Among the factors leading to the growth of the global E-Textiles market are the rising adoption of medical and military clothing and rising demand in the sports and fitness industry.  Moreover, increasing demand for body activity monitoring sensors and growing awareness of fitness among people will also be significant factors driving the market revenue growth.

Smart clothing has also been integrated into the military, including sensory detection of physiological entities, such as muscle contact, blood oxygen, body temperature, and blood pressure; kinetic energy entities, such as steps, pressure, acceleration, GPS, etc., as well as those capable of measuring radiation, chemicals, viruses, etc. Agent detection.

High Cost Of Smart Clothing As Compared To Traditional Is Expected To Limit The Revenue Growth

The applications of smart clothing are limitless, from monitoring health symptoms to storing vital information. Smart clothing has been a promising area for the future of wearable technology, but the high cost of these garments is expected to hamper the growth of this market. As a result, the competition will mainly be among well-established companies.

Recent Trends Observed In The Smart Clothing Market

One of the most interesting developments smart clothing industry is the influx of new textile materials with embedded electronics or e-textiles. Advances in material science are adding new functions to textiles. Metals, optical fibers, and conductive polymers can be added to textiles to achieve sensory, electrical conductivity, and data transmission on clothing. Clothing and technology companies are using these materials and textile fibers (such as nylon, cotton, polyester, silk, wool, and Kevlar) to make advanced fibers.

Moreover, artificial intelligence will become the key to smart clothing in the next three to four years, especially in product design, service development, and data analysis. This development will benefit leaders in the field of artificial intelligence such as Google, IBM, and Amazon.

COVID-19 Impact on Global Smart Clothing Market

In 2020, the world is facing a huge crisis in the form of the COVID-19 pandemic, and various industries are facing the worst situation ever. Almost every industry is still in uncertainty, and revenue and profit margins are under pressure. Distorted economic activity inhibits the demand for the apparel market. In Europe, apparel production and retail sales fell by 15% and 9.4%, respectively, textiles fell by 7% and 9.7%, respectively, mainly due to lack of activity and unpleasant buying experience and restrictions/stoppages that led to a decrease in interest in buying clothes. The manufacture of smart fabrics requires a high degree of automation and advanced textile processing technologies, such as electronic control systems, computer-aided design, and automated testing. This industry does not belong to the "basic services" section because it is considered to be in the category of "clothing and daily necessities", so the smart clothing manufacturing witness decrease in sales.

Key Developments in Smart Clothing

• Samsung has also invested in smart clothing under The Human Fit brand. Its products include Body Compass jerseys that can monitor biometric data, golf shirts with weather and ultraviolet monitoring systems, and NFC smart suits that cooperate with Rogatis to provide NFC (Near Field Communication). ) Use Samsung Pay to make payments.
• Ralph Laurel designed the parka and bomber jackets for the U.S. Olympic team using thermally conductive ink to produce warmth like an electric blanket. This technology can be used for socks, gloves, hats, etc.

Regional Analysis

North America holds the highest position in the Global Smart Clothing Market

Geographically, North America is estimated to account for the majority market share and will continue to dominate the target market in the next few years. North America is anticipated to hold the largest share of the smart clothing market, as regional consumers demand fitness and health tracking sportswear more than before or after other regions. North America is also home to some of the most innovative technological developments. North America's interest in smart clothing, the implementation of cutting-edge innovations, and the continuous markup on the desire for better lifestyles are the key factors fueling the growth in supply in this region.

Global Smart Clothing Market Segmentation is based on Textile Type, Product Type, End-Use Industry and Region:

Based on the Textile Type

• Active Smart
• Passive Smart
• Ultra-Smart

Based on the Product Type

• Apparel
• Footwear
• Wearable Patches
• Other Product Types

Based on the End-Use Industry

• Military & Defense
• Sports & Fitness
• Fashion & Entertainment
• Medical
• Other End-Use Industries

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Players in the Market are:

• AiQ Smart Clothing
• Carre Technologies
• Samsung
• Komodo Technologies
• Sensoria
• Levi Strauss & Co.
• Wearable X
• Google
• Tommy Hilfiger B.V.
• Loomia
• Toray Industries
• Myontec
• Myzone
• Siren
• Owlet
• Other Key Industry Players