Global Smart Clothing Market: Industry

Insights & Opportunity Evaluation, 2017-

2024

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Smart clothing refers to the textiles which are integrated with
sensors and digital components in them. This clothing
technology monitors the physical conditions of the user and
uses big analytics to predict and show the results. Further, new
smart clothing technologies sense and monitor the
environment condition as well. Smart clothing has various
applications in sports and leisure, healthcare and military.
Sport teams and management prefers smart clothing as it helps
in prevention of injury and revenue loss.
Market Size and Forecast
Global smart clothing market is anticipated to witness robust
growth over the forecast period. Further, the market is
expected to garner USD 5.2 Billion by the end of 2024. Spiked
adoption of smart clothes by athletes has been witnessed in
recent years. Thus, adoption rate is anticipated to increase as
smart clothes offer various benefits such as injury prevention,
oxygen and dehydration monitoring. This factor is expected to
drive the growth of the smart clothes over the forecast period.

In 2016, North America accounted for the highest market share

in the regional platform and is expected to continue its
dominance over the forecast period. High adoption rate of
smart clothes coupled with high disposable income is expected
to be the key factor behind the growth of smart clothes market
in the North America region.

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Further, rising spending on military textile and wearable
technology is expected to increase the demand for smart
clothes during the forecast period. U.S. is witnessing
augmented demand for smart clothes in the North
America region.
Europe smart clothing market is expected to grow at a
modest rate over the forecast period. Heavy adoption of
sensor enabled products in the region is predicted to
trigger the growth of smart clothes in the Europe region.
Asia Pacific is projected to witness lucrative growth over
the forecast period. This can be attributed to the
increasing awareness about the application of smart
clothes.

Market Segmentation
Our in-depth analysis has segmented global smart
clothing market into the following segments:

By Product
Smart T-shirts
Smart Pants
Smart Jackets
Smart Undergarments
Smart Socks

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By Application
Sports & Leisure
Health Monitoring
Military
Industrial

By Region
Global smart clothing market is further classified on the basis
of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth &
Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market
size, Y-O-Y growth & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-
Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New
Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y
growth & Opportunity Analysis
Middle East and North Africa (GCC, North Africa, South Africa
& Rest of Middle East and Africa) Market Size and Y-O-Y
Growth Analysis

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Growth Drivers & Challenges
Increasing awareness about the fitness and healthcare is expected
to drive the growth of global smart clothes market. Further, rising
trend of adoption of body monitoring devices is expected to impel
the expansion of global smart clothes during the forecast period.
Additionally, incorporation of newly developed and advanced
fibers such as nanofibers and hybrid materials is expected to drive
the growth of smart clothing market.
Apart from this, smart clothes help in injury prevention, oxygen
monitoring, and collision measurement. Athletic teams and their
management are adopting smart clothes to reduce the revenue
loss by using data to prevent injuries. This high adoption of smart
clothes by the athletes is expected to impel the growth of global
smart clothing market. Further, smart clothes are being adopted
by military on the account of their health monitoring, ballistic
protection, wound detection and communication & networking
capabilities. These factors are anticipated to spur the demand for
smart clothes during the forecast period.

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In contrast, high cost of smart clothes is
expected to hamper the growth of smart
clothing market. Further, rising concern of
privacy and increasing incidence of data
theft is expected to negatively impact the
growth of the market.

Key Players
Athos
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
AIQ Smart Clothing
Hexoskin
Heddoko
Sensoria Inc.
Ralph Lauren
Catapult Sports Pty Ltd
Lumo Body Tech
Clothing+ Oy
InteraXon
Scope and Context
Overview of the Parent Market
Analyst View

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Segmentation

The global smart clothing market is segmented as

follows:
By Product Market Size & Y-O-Y Growth Analysis
By Application Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porters Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves
in current dynamic environment

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