Smart Clothing Market Top Key Industry Players: Hexoskin, Lumo Bodytech Inc., Ralph Lauren, OMSignal, Sensoria Inc., Athos, Catapult Sports Pty Ltd, Heddoko Inc.
Rising awareness associated with fitness coupled with the demand for monitoring body activities such as blood pressure & heart rate is expected to catapult the smart clothing market demand.
(EMAILWIRE.COM, August 15, 2018 ) Market Overview:-
Smart Clothing Market size is set to exceed USD 4 billion by 2024. Growing adoption of smart products by professional athletes to optimize the performance level and prevent potential injuries is anticipated to drive the Smart Clothing Market across the globe. Due to the increasing contract costs of athletes, the sports associations are heavily spending on these products to eliminate the possibility of any injuries. The surge in demand for remote monitoring of patients followed by hospital staff injuries also provides significant growth opportunities to the smart clothing market.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2016
Rising awareness associated with fitness coupled with the demand for monitoring body activities such as blood pressure & heart rate is expected to catapult the smart clothing market demand. The launch of products with advanced specifications such as tracking muscle activity offer lucrative opportunities. Moreover, other features include reduction & prevention of sports injuries resulting from improper warm up and exertion. Increasing adoption for sensor enabled products eliminates the use of smart wearables for specific functionality. Rapid urbanization coupled with the growing consumer participation in health & fitness clubs is anticipated to positively impact the smart clothing market over the forecast timeline.
Top Key Players:-
Key players in the smart clothing market include Athos, Catapult Sports Pty Ltd, Heddoko Inc., Hexoskin, Lumo Bodytech Inc., Ralph Lauren, OMSignal, Sensoria Inc., etc. The industry is forecast to witness intensive competition owing to the increasing rate of new entrants. The industry players are collaborating with various sports associations and government institutions to gain eminence. In addition, various technology companies are focusing on diversifying their services by building partnerships with clothing firms. For instance, Google Inc. partnered with Levi Strauss & Co. to develop a smart jacket allowing users to interact with their devices and perform tasks such as changing music tracks and accessing navigation information.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart clothing market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
U.S. smart clothing market size is estimated to witness huge adoption and will dominate the industry with the significant revenue share. Increasing investments by various sports associations to eliminate the possibility of any preventable injuries of highly paid professional athletes is expected to fuel the industry growth.
Asia Pacific smart clothing market is expected to witness substantial growth over the forecast timespan. This can be attributed to the growing adoption of various wearable devices coupled with the increasing demand for advanced features in the products. In addition, rising security concerns and increasing military and defense budgets across countries such as India and China is predicted to witness huge demand for these products.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2016
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Smart clothing industry 3600 synopsis, 2013 – 2024
2.1.1 Regional trends
2.1.2 Product trends
2.1.3 Application trends
Chapter 3 Smart Clothing Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.4 Technological & innovation landscape
3.4.1 Bluetooth
3.4.1 NFC
3.5 Regulatory landscape
3.5.1 U.S. Federal Trade Commission
3.5.2 Geolocation Privacy and Surveillance Act (GPS Act)
3.5.3 Health Information Technology for Economic and Clinical Health Act (HITECH Act)
3.5.4 Health Insurance Portability and Accountability Act of 1996
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Rising health awareness in Europe
3.6.1.2 Increasing sports injuries in the U.S.
3.6.1.3 Increasing use by professional sport teams North America & Brazil
3.6.1.4 Increasing workplace injuries in Asia Pacific & MEA
3.6.1.5 Advancements in sensor technology in China and Taiwan
3.6.1.6 Adoption of smart uniforms in various industry verticals in North America & Europe
3.6.1.7 Rising adoption in military & defense in North America & Asia Pacific
3.6.2 Industry pitfalls and challenges
3.6.2.1 High cost
3.6.2.2 Technological challenges
3.6.2.3 Data privacy concerns
3.6.2.4 Lack of customer awareness
3.7 Growth potential analysis
3.7.1 Military & defense
3.7.2 Sports & fitness
3.7.3 Healthcare
3.7.4 Industrial
3.7.5 Entertainment
3.7 Porter’s analysis
3.9 Competitive landscape, 2016
3.9.1 Strategy dashboard
3.9.2 Investment landscape
3.10 PESTEL analysis
3.11 Price trend analysis, 2013 – 2024
3.11.1 T-shirts
3.11.2 Pants
3.11.3 Shoes
3.11.4 Undergarments
3.11.5 Jackets
3.11.6 Socks
3.12 Smart clothing market, by demography
3.12.1 Gender
3.12.2 Age group
3.12.3 Employment
3.12.4 Location
Browse Full Report @ https://www.gminsights.com/industry-analysis/smart-clothing-market
Data security and processing speed play a crucial role in healthcare, military & defense, and sports, on the grounds of which they can be classified as the prominent application arenas encompassed by smart clothing industry. The on-going research and advancements in sensor technology, the Internet of Things, and big data analysis, will prove to be reliable sources that can help smart clothing technology go mainstream. Industry experts foresee smart clothing market to move in a positive direction, as this technology holds immense growth potential across myriad application sectors.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Smart Clothing Market size is set to exceed USD 4 billion by 2024. Growing adoption of smart products by professional athletes to optimize the performance level and prevent potential injuries is anticipated to drive the Smart Clothing Market across the globe. Due to the increasing contract costs of athletes, the sports associations are heavily spending on these products to eliminate the possibility of any injuries. The surge in demand for remote monitoring of patients followed by hospital staff injuries also provides significant growth opportunities to the smart clothing market.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2016
Rising awareness associated with fitness coupled with the demand for monitoring body activities such as blood pressure & heart rate is expected to catapult the smart clothing market demand. The launch of products with advanced specifications such as tracking muscle activity offer lucrative opportunities. Moreover, other features include reduction & prevention of sports injuries resulting from improper warm up and exertion. Increasing adoption for sensor enabled products eliminates the use of smart wearables for specific functionality. Rapid urbanization coupled with the growing consumer participation in health & fitness clubs is anticipated to positively impact the smart clothing market over the forecast timeline.
Top Key Players:-
Key players in the smart clothing market include Athos, Catapult Sports Pty Ltd, Heddoko Inc., Hexoskin, Lumo Bodytech Inc., Ralph Lauren, OMSignal, Sensoria Inc., etc. The industry is forecast to witness intensive competition owing to the increasing rate of new entrants. The industry players are collaborating with various sports associations and government institutions to gain eminence. In addition, various technology companies are focusing on diversifying their services by building partnerships with clothing firms. For instance, Google Inc. partnered with Levi Strauss & Co. to develop a smart jacket allowing users to interact with their devices and perform tasks such as changing music tracks and accessing navigation information.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart clothing market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
U.S. smart clothing market size is estimated to witness huge adoption and will dominate the industry with the significant revenue share. Increasing investments by various sports associations to eliminate the possibility of any preventable injuries of highly paid professional athletes is expected to fuel the industry growth.
Asia Pacific smart clothing market is expected to witness substantial growth over the forecast timespan. This can be attributed to the growing adoption of various wearable devices coupled with the increasing demand for advanced features in the products. In addition, rising security concerns and increasing military and defense budgets across countries such as India and China is predicted to witness huge demand for these products.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2016
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Smart clothing industry 3600 synopsis, 2013 – 2024
2.1.1 Regional trends
2.1.2 Product trends
2.1.3 Application trends
Chapter 3 Smart Clothing Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.4 Technological & innovation landscape
3.4.1 Bluetooth
3.4.1 NFC
3.5 Regulatory landscape
3.5.1 U.S. Federal Trade Commission
3.5.2 Geolocation Privacy and Surveillance Act (GPS Act)
3.5.3 Health Information Technology for Economic and Clinical Health Act (HITECH Act)
3.5.4 Health Insurance Portability and Accountability Act of 1996
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Rising health awareness in Europe
3.6.1.2 Increasing sports injuries in the U.S.
3.6.1.3 Increasing use by professional sport teams North America & Brazil
3.6.1.4 Increasing workplace injuries in Asia Pacific & MEA
3.6.1.5 Advancements in sensor technology in China and Taiwan
3.6.1.6 Adoption of smart uniforms in various industry verticals in North America & Europe
3.6.1.7 Rising adoption in military & defense in North America & Asia Pacific
3.6.2 Industry pitfalls and challenges
3.6.2.1 High cost
3.6.2.2 Technological challenges
3.6.2.3 Data privacy concerns
3.6.2.4 Lack of customer awareness
3.7 Growth potential analysis
3.7.1 Military & defense
3.7.2 Sports & fitness
3.7.3 Healthcare
3.7.4 Industrial
3.7.5 Entertainment
3.7 Porter’s analysis
3.9 Competitive landscape, 2016
3.9.1 Strategy dashboard
3.9.2 Investment landscape
3.10 PESTEL analysis
3.11 Price trend analysis, 2013 – 2024
3.11.1 T-shirts
3.11.2 Pants
3.11.3 Shoes
3.11.4 Undergarments
3.11.5 Jackets
3.11.6 Socks
3.12 Smart clothing market, by demography
3.12.1 Gender
3.12.2 Age group
3.12.3 Employment
3.12.4 Location
Browse Full Report @ https://www.gminsights.com/industry-analysis/smart-clothing-market
Data security and processing speed play a crucial role in healthcare, military & defense, and sports, on the grounds of which they can be classified as the prominent application arenas encompassed by smart clothing industry. The on-going research and advancements in sensor technology, the Internet of Things, and big data analysis, will prove to be reliable sources that can help smart clothing technology go mainstream. Industry experts foresee smart clothing market to move in a positive direction, as this technology holds immense growth potential across myriad application sectors.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results