Global Smart Clothing Market Expected To Register A CAGR Of 9.4% During 2017-2021

Date: 2017-06-27

Smart Clothing is electronics merge with textiles to create fashionable, functional, comfortable solutions to meet your everyday needs; whether it’s in sports & fitness, outdoor & leisure, home & leisure, home care & health care.

Sports, fitness and healthcare are estimated to be the largest drivers for Smart Clothing, particularly connected wearable patches and cellphones, according to a brand new report, the global Smart Clothing market is expected to register a CAGR of 9.4% during 2017-2021.

On the basis of application, the smart clothing market is segmented into the sports and fitness area, with sensor-infused shorts, bras, and footwear tracking both biometric and physiological activity, and other major section is healthcare, owing to the growing geriatric population, the old patients will adopt the smart clothing to monitor their body status and track physiological activity. According to research, the Sports, fitness and healthcare are expected to dominate the market for the forecast period.

Smart clothing companies hope to compete against fitness trackers and smart watches by providing better accuracy and the ability to target specific niche features like tracking muscle activity.

Geographically, the North America is holding the largest market in terms of production and demand due to their advanced technologies supports by a number of research institutions and tech giants, region followed by Europe and Asia Pacific, which are both expected to grow at a significant CAGR during the forecast period. 

Global top manufacturers operating in Smart Clothing Market are Catapult Sports, Clothing+, CuteCircuit, Empatica, Hexoskin, Lumo Bodytech, Interaxon, OMsignal, Motus Global, Orpyx Medical Technologies, Sensoria, Sproutling, Under Armour, WHOOP, Zephyr Technology, Nike, and Adidas among others.

Global Smart Clothing market share by geography as following:

Read Full Report: http://www.gosreports.com/global-smart-clothing-industry-2015-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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