MMR, global market research and consulting organization, has released a new study titled "Smart Clothing market - Global outlook to 2027". Industries’ constant focus on reducing the operational cost and increased attention on core business, and the need to improve scalability are expected to shape the Global Smart Clothing market to grow at a CAGR of %.

Global Smart Clothing Market size was valued at US$ 2.55 Bn. in 2021 and the total revenue is expected to grow at 26.2% through 2022 to 2027, reaching nearly US$ 10.30 Bn

According to an Analyst at MMR, the Global Smart Clothing market will experience significant growth during the forecast period due to potential opportunities lying in the market. The market drivers are:

COVID-19 Impact:

Our team is working on the COVID 19 impact on various industry verticals and provide authenticate data to the client this data helps us understand the market situation. To understand the influence and factors of the COVID 19 on the global Smart Clothing market with our expert monitoring which explains all the impacting factors and COVID impact on each key player are explained in the report.

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Market Segmentation:

Based on End-User Industry, the Smart Clothing Market is classified into fashion & entertainment, healthcare, sports & fitness, and others. In 2021, the sport & fitness sector had the biggest market share based on end-user industry. The market is being driven by the need to reduce sports injuries and improve overall performance of athletes by guaranteeing simple traceability of navigational data and lowering the chance of an accident. Furthermore, throughout the forecast years, the increased demand for monitoring bodily activities via sensors is expected to drive demand for smart apparel in the sport and fitness segment.

Based on Textile Type, the Smart Clothing Market is classified into active smart, passive smart and ultra-smart. In the year 2021, the active smart textile had the biggest market share based on textile type. Active smart clothing is becoming more popular in the market due to its wide variety of capabilities & ability to adapt & change functionality in reaction to the external environment. Active smart textile solutions include shape memory materials, phase change materials, and heat sensitive dyes.



The market is divided into main 5 regions and they are North America (U.S., Canada), Europe (U.K., Germany, France, Italy), Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea), Latin America (Brazil, Mexico, Argentina, Chile), and MEA (Saudi Arabia, South Africa, Egypt) respectively. The MMR Company provides government regulation and pricing analysis of each and everyone that helps to understand the market situation and current competition in the market.

Key Players:

• AiQ Smart Clothing (Taiwan)
• Athos (US)
• Carre Technologies (Canada)
• Sensoria (US)
• Clothing Plus (Finland)
• Cityzen Sciences (France)
• Vulpes Electronics (Japan)
• DuPont (US)
• Wearable X (US)
• Applycon (Czech Republic)
• Toray Industries (Japan)
• Myontec (Finland)
• Myzone (US)
• Siren (US)
• Owlet (US)

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The report provides a detailed analysis and forecast of the industry covering the following key features:

Industry outlook includes current and future market drivers, restraints, trends, challenges, emerging technologies, and recent developments.
Key industry developments and key insights
Significant marketing factors such as driver, restraints, opportunity, and challenges
Number of significant companies and their revenue and net income
Other market trends
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