According to our latest market study on “Smart Clothing Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Active, Passive, and Ultra-Smart), Orientation Type (Apparel, Footwear, Wearable Patches, and Others), Connectivity (Wi-Fi, Bluetooth, GPS, and RFID), End-User (Healthcare, Fashion and Lifestyle, Sport and Fitness, Military, and Others), and Geography, “the market was valued US$ 1,143.09 million in 2019 and is expected to reach US$ 6,418.08 million by 2027; it is estimated to grow at a CAGR of 24.4% during 2020–2027.The report highlights key factors driving the market growth, and prominent players and their developments in the market.
Smart clothes are designed and manufactured with the integration of smart technologies to offer different functionalities to them. The growing use of smart clothing and increasing investments in the same across the healthcare, military, sports, and defence industries can influence market growth over the coming years.
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Rising number of sport injuries, coupled with increased investments in the military and defence industries, would boost demand these products. High preference for body activity monitoring via sensors can further stimulate the market growth. Growing consumer awareness about fitness is likely to fuel market growth. Further, shifting athletes’ preference toward smart clothing to prevent possible injuries and boost their performance may spur market growth during the forecast period.
Fast turnaround time, low operating cost, and easily accessible service points increase the adoption of smart textiles. Further, demand for smart clothing is expanding at an impressive pace due to the mounting demand for mining and oil &gas exploration activities. The smart clothing market, by type, is segmented into passive, active, and ultra-smart. Smart clothing enables better communication with other devices, analyze and sense the stimuli, and protect the wearer from environmental hazards.
COVID–19 Impact on Smart Clothing Market
The impact of COVID-19 varies in different countries across the world due to the varying number of confirmed cases in these countries; countries with greater number of active cases and deaths have subsequently imposed stringent as well as longer lockdown periods or social isolation. In countries such as Italy and Spain, there has been a dip in the demand for smart clothing or other services owing to notable number of COVID-19 cases. The spread of pandemic is expected to have a short-term impact on the smart clothing market. However, the smart clothing market is likely to exhibit positive growth in post-pandemic period.
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Of all emerging technologies, nanotechnology and IoT are among the primary contributors to the global adoption of smart clothing. Based on product, the smart clothing market is segmented into apparel, footwear, wearable patches, and others. Ever-changing human nature is a major reason for the continuously updating clothing choices and tastes. Technology has started directing the apparel and textile industry, and it is expected to make the manufacture of apparel products more efficient and independent. Wearable technology brands and wearable technology startups are at the forefront of electronic/IT innovations in smart apparel. Also, IT expertise and vibrant startup ecosystems allow the startups to take a lead in electronically embedded / IT-enabled smart apparel.
The development of sensors, displays, and smart devices that can be seamlessly integrated into the human body has been a significant trend in the electronics industry in the last decade, such as integration of sensors in smart clothing. Most of the smart clothing articles are connected to users’ smartphones via connectivity technologies such as Bluetooth or Wi-Fi. The smart clothing market, based on connectivity, is segmented into, Wi-Fi, Bluetooth, GPS, and RFID.
The growing demand for upper wear, such as smart shirts, jackets, and vests, creates market growth opportunities. A smart shirt can provide biometric data such as heart rate, respiratory rate, and muscle activity, which are used professionally to optimize performance and workout plans. Data is captured and sent to all the companion app, providing insight into a range of sporty metrics, including intensity and recovery, calories burned, and fatigue level, and quality of sleep.
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Therefore, the increasing use of upper wear for various end-user applications is expected to provide smart clothing providers with opportunities during the forecast period. Bioman+, for example, is a base upper body garment solution for a wide range of cleaning solutions. It consists of conductive fiber-based textile electrodes for the acquisition of the human body’s electrical activity and conductive thread for the transmission of electrical signals to the processing and transmission module snapped onto the clothing. Bioman+ has been validated with most of the industry’s leading heart rate & ECG module vendors. It continues to be the Smart Clothing partner of the first choice for new module vendors entering this rapidly growing segment.
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