Global Smart Clothing Market, By Product (Upper wear, Lower wear, Innerwear, Others), By End-User (Sports, Healthcare, Fashion, Others), By Price (Low, Medium, High), By Distribution Channel (Online [E-commerce Websites, Company Owned Websites], Offline [Supermarket/Hypermarket, Specialty Stores, Others]), and opportunities and forecast 2020-2027
Smart Clothing Market Overview
Smart clothes are also known as high-tech clothing, smart wear, electronic textiles, monitor clothing, or smart fabrics, which are clothing items that have been enhanced with technology to add functionality beyond that of traditional use. They provide biometric data such as temperature, pulse rate, muscle stretch, and heart rhythm. The global Smart Clothing market is expected to rise significantly due to the growing adoption of smart clothes in the sports and healthcare industries.
Smart clothing supports users to manage their health and wellness efficiently. It monitors the physical state and tracks the training progress of the user. It also offers users the data to predict changes in health and avoid injuries. Again, it helps to increase the workout efficiency and improve the performance of the user. All these crucial factors boost the demand for smart clothing in the market. Eventually, it propels the growth of the global Smart Clothing market.
Furthermore, increasing awareness about physical fitness with the growing demand for smart shirts, smart socks, smart work clothes, smart sleepwear, etc. is helping in the growth of the Smart Clothing market. Additionally, the rising adoption of smart clothes in the sports and healthcare sector is enhancing the demand for smart clothing globally. Ultimately, it intensifies the growth of the market to a large extend.
On the other hand, the lack of customer awareness about smart clothing and the high cost of the product are some main factors that hamper the demand for smart clothing. Additionally, technological problems related to smart clothes are a challenge for the growth of the smart clothing market.
Covid-19 Impact on Smart Clothing Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Smart Clothing Market Segment Overview
Based on Product, the Upper wear segment growing at the highest rate in the forecast period. The growing demand for upper wear, such as smart shirts, jackets, and vests, provides several growth opportunities for the market. A smart shirt can provide biometric data such as heart rate, breathing rate, and muscle activity, which are used to improve performance and workout plans professionally. In addition to this, data is taken in real-time and is sent to all the companion app, providing insights on a range of sporty metrics, including intensity and recovery, calories burned, fatigue level, and sleep quality. Therefore, the rising use of upper wear for many end-user applications is anticipated to create large opportunities for smart clothing providers throughout the forecast period.
In terms of region, North America dominated the global Smart Clothing market in 2020. This is on account of growing awareness about health and the rising demand for smart clothes in this region. In addition to this, the sophisticated lifestyle of people has been boosting the smart clothing market in North America, mainly in the US and Canada. As well, the Smart Clothing market in the Asia Pacific and Europe is projected to expand at a considerable rate in the next few years. This is mainly because of growing awareness about health and available products.
Smart Clothing Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Smart Clothing Market, Key Players
· Carre Technologies Inc. · CUTECIRCUIT · Sensoria Inc. · Tex-Ray Industrial Co. Ltd. · Wearable X · Toray Industries, Inc. · DuPont · Schoeller Textiles AG · AiQ Smart Clothing · Kolon Industries Inc.
Smart Clothing Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Smart Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product
5.2.1. Upper wear
5.2.2. Lower wear
5.2.3. Innerwear
5.2.4. Others (socks, etc.)
5.3. Market Analysis, Insights and Forecast – By End-User
5.3.1. Sports
5.3.2. Healthcare
5.3.3. Fashion
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By Price
5.4.1. Low
5.4.2. Medium
5.4.3. High
5.5. Market Analysis, Insights and Forecast – By Distribution Channel
5.5.1. Online
5.5.1.1. E-commerce Websites
5.5.1.2. Company Owned Websites
5.5.2. Offline
5.5.2.1. Supermarket/Hypermarket
5.5.2.2. Specialty Stores
5.5.2.3. Others
5.6. Market Analysis, Insights and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America, Middle East and Africa
6. North America Smart Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product
6.2.1. Upper wear
6.2.2. Lower wear
6.2.3. Innerwear
6.2.4. Others (socks, etc.)
6.3. Market Analysis, Insights and Forecast – By End-User
6.3.1. Sports
6.3.2. Healthcare
6.3.3. Fashion
6.3.4. Others
6.4. Market Analysis, Insights and Forecast – By Price
6.4.1. Low
6.4.2. Medium
6.4.3. High
6.5. Market Analysis, Insights and Forecast – By Distribution Channel
6.5.1. Online
6.5.1.1. E-commerce Websites
6.5.1.2. Company Owned Websites
6.5.2. Offline
6.5.2.1. Supermarket/Hypermarket
6.5.2.2. Specialty Stores
6.5.2.3. Others
6.6. Market Analysis, Insights and Forecast – By Country
6.6.1. U.S.
6.6.2. Canada
7. Europe Smart Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Product
7.2.1. Upper wear
7.2.2. Lower wear
7.2.3. Innerwear
7.2.4. Others (socks, etc.)
7.3. Market Analysis, Insights and Forecast – By End-User
7.3.1. Sports
7.3.2. Healthcare
7.3.3. Fashion
7.3.4. Others
7.4. Market Analysis, Insights and Forecast – By Price
7.4.1. Low
7.4.2. Medium
7.4.3. High
7.5. Market Analysis, Insights and Forecast – By Distribution Channel
7.5.1. Online
7.5.1.1. E-commerce Websites
7.5.1.2. Company Owned Websites
7.5.2. Offline
7.5.2.1. Supermarket/Hypermarket
7.5.2.2. Specialty Stores
7.5.2.3. Others
7.6. Market Analysis, Insights and Forecast – By Country
7.6.1. UK
7.6.2. Germany
7.6.3. France
7.6.4. Italy
7.6.5. Spain
7.6.6. Russia
7.6.7. Rest of Europe
8. Asia Pacific Smart Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Product
8.2.1. Upper wear
8.2.2. Lower wear
8.2.3. Innerwear
8.2.4. Others (socks, etc.)
8.3. Market Analysis, Insights and Forecast – By End-User
8.3.1. Sports
8.3.2. Healthcare
8.3.3. Fashion
8.3.4. Others
8.4. Market Analysis, Insights and Forecast – By Price
8.4.1. Low
8.4.2. Medium
8.4.3. High
8.5. Market Analysis, Insights and Forecast – By Distribution Channel
8.5.1. Online
8.5.1.1. E-commerce Websites
8.5.1.2. Company Owned Websites
8.5.2. Offline
8.5.2.1. Supermarket/Hypermarket
8.5.2.2. Specialty Stores
8.5.2.3. Others
8.6. Market Analysis, Insights and Forecast – By Country
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. Australia
8.6.5. South East Asia
8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Smart Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Product
9.2.1. Upper wear
9.2.2. Lower wear
9.2.3. Innerwear
9.2.4. Others (socks, etc.)
9.3. Market Analysis, Insights and Forecast – By End-User
9.3.1. Sports
9.3.2. Healthcare
9.3.3. Fashion
9.3.4. Others
9.4. Market Analysis, Insights and Forecast – By Price
9.4.1. Low
9.4.2. Medium
9.4.3. High
9.5. Market Analysis, Insights and Forecast – By Distribution Channel
9.5.1. Online
9.5.1.1. E-commerce Websites
9.5.1.2. Company Owned Websites
9.5.2. Offline
9.5.2.1. Supermarket/Hypermarket
9.5.2.2. Specialty Stores
9.5.2.3. Others
9.6. Market Analysis, Insights and Forecast – By Country
9.6.1. Brazil
9.6.2. Saudi Arabia
9.6.3. UAE
9.6.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Carre Technologies Inc.
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. CUTECIRCUIT
10.6. Sensoria Inc.
10.7. Tex-Ray Industrial Co. Ltd.
10.8. Wearable X
10.9. Toray Industries, Inc.
10.10. DuPont
10.11. Schoeller Textiles AG
10.12. AiQ Smart Clothing
List of Figures
Figure 1: Global Smart Clothing Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Smart Clothing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Smart Clothing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Smart Clothing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Smart Clothing Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Smart Clothing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Smart Clothing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Smart Clothing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Smart Clothing Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Smart Clothing Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Smart Clothing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Smart Clothing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Smart Clothing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Smart Clothing Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Smart Clothing Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Smart Clothing Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Smart Clothing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Smart Clothing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Smart Clothing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Smart Clothing Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Smart Clothing Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Smart Clothing Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Smart Clothing Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Smart Clothing Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Smart Clothing Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Smart Clothing Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Smart Clothing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Smart Clothing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Smart Clothing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Smart Clothing Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Smart Clothing Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Smart Clothing Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Smart Clothing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Smart Clothing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Smart Clothing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Smart Clothing Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Smart Clothing Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Smart Clothing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Smart Clothing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Smart Clothing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Smart Clothing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Smart Clothing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Smart Clothing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
