The Worldwide Smart Clothing Industry is Projected to Reach $21.8 Billion by 2027 | News

DUBLIN, June 16, 2022 /PRNewswire/ — The “Global Smart Clothing Market (2022-2027) by Textile, Product, End-User Industry, Geography, Competitive Analysis, and the Impact of Covid-19with Ansoff Analysis” report has been added to ResearchAndMarkets.com‘s offering.

The Global Smart Clothing Market is estimated to be USD 6.54 Bn in 2022 and is projected to reach USD 21.88 Bn by 2027, growing at a CAGR of 27.32%.

Market dynamics are forces that impact the prices and behaviors of the Global Smart Clothing Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are AiQ Smart Clothing, Athos Coaching System, Carre Technologies, Cityzen Sciences, Hexoskin, Komodo Technologies, Myontec, Myzone, Owlet, Sensoria, Toray Industries, Vulpes Electronics, etc.

 Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Smart Clothing Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The report analyses the Global Smart Clothing Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

 Why buy this report?

  • The report offers a comprehensive evaluation of the Global Smart Clothing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

4.1 Drivers

4.1.1 Rising Demand for Monitoring Bodily Activities Through Sensors

4.1.2 Increasing Adoption of Smart Clothes for Various End-User Industries

4.2 Restraints

4.2.1 High Cost of Products

4.3 Opportunities

4.3.1 Growing Awareness About the Need for Sports & Fitness

4.4 Challenges

4.4.1 Technical Complications

5 Market Analysis

5.1 Regulatory Scenario

5.2 Porter’s Five Forces Analysis

5.3 Impact of COVID-19

5.4 Ansoff Matrix Analysis

6 Global Smart Clothing Market, By Textile

6.1 Introduction

6.2 Active Smart

6.3 Passive Smart

6.4 Ultra-Smart

7 Global Smart Clothing Market, By Product

7.1 Introduction

7.2 Upper Wear

7.3 Lower Wear

7.4 Innerwear

7.5 Others (socks, beanie, gloves, and hats)

8 Global Smart Clothing Market, By End-User Industry

8.1 Introduction

8.2 Military & Defense

8.3 Sports & Fitness

8.4 Fashion & Entertainment

8.5 Healthcare

8.6 Mining

8.7 Others (construction, transportation, and automotive)

9 Americas’ Smart Clothing Market

9.1 Introduction

9.2 Argentina

9.3 Brazil

9.4 Canada

9.5 Chile

9.6 Colombia

9.7 Mexico

9.8 Peru

9.9 United States

9.10 Rest of Americas

10 Europe’s Smart Clothing Market

10.1 Introduction

10.2 Austria

10.3 Belgium

10.4 Denmark

10.5 Finland

10.6 France

10.7 Germany

10.8 Italy

10.9 Netherlands

10.10 Norway

10.11 Poland

10.12 Russia

10.13 Spain

10.14 Sweden

10.15 Switzerland

10.16 United Kingdom

10.17 Rest of Europe

11 Middle East and Africa’s Smart Clothing Market

11.1 Introduction

11.2 Egypt

11.3 Israel

11.4 Qatar

11.5 Saudi Arabia

11.6 South Africa

11.7 United Arab Emirates

11.8 Rest of MEA

12 APAC’s Smart Clothing Market

12.1 Introduction

12.2 Australia

12.3 Bangladesh

12.4 China

12.5 India

12.6 Indonesia

12.7 Japan

12.8 Malaysia

12.9 Philippines

12.10 Singapore

12.11 South Korea

12.12 Sri Lanka

12.13 Thailand

12.14 Taiwan

12.15 Rest of Asia-Pacific

13 Competitive Landscape

13.1 Competitive Quadrant

13.2 Market Share Analysis

13.3 Strategic Initiatives

13.3.1 M&A and Investments

13.3.2 Partnerships and Collaborations

13.3.3 Product Developments and Improvements

14 Company Profiles

14.1 AiQ Smart Clothing

14.2 Athos Coaching System

14.3 Carre Technologies

14.4 Cityzen Sciences

14.5 Hexoskin

14.6 Komodo Technologies

14.7 Myontec

14.8 Myzone

14.9 Owlet

14.10 Sensoria

14.11 Toray Industries

14.12 Vulpes Electronics

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/1o1rdu

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