Smart Clothing Market Size, Share, Growth Analysis, By Textile Type (Active Smart, Passive Smart, Ultra Smart), By Product Type(Upper Wear, Lower Wear, Innerwear, Others), By Distribution  Channel(Offline, Online), By End Use Industry(Military & Defense, Sports & Fitness, Fashion & Entertainment, Healthcare), By Region - Industry Forecast 2024-2031

The smart clothing market is highly competitive and characterized by the presence of several key players. Leading companies have been using a combination of product launches, expansions, mergers and acquisitions, contracts, agreements, partnerships, and collaborations as their main strategies to grow and expand their market share. A variety of strategies have been used by the companies to strengthen their position and aim to penetrate the market effectively. 

For instance, in April 2023, researchers at the University of Waterloo advanced by developing a 'smart fabric'. The fabric has a unique response to both heat and electricity. If the fabric is exposed to heat, the embedded wires contract, leading to a change in fabric shape. Furthermore, the fabric can be controlled using electricity to change its form.

Top Player’s Company Profile

• Ancol Pet Products Limited AiQ Smart Clothing

• Sensoria, Inc.

• Vulpés Electronics GmbH

• DuPont de Nemours, Inc.

• WEARABLE X.

• TORAY INDUSTRIES, INC.

• Myontec

• Myzone Limited

• Siren Care, Inc.

• Owlet Baby Care, Inc.

• Clothing Plus Ltd.

• Interactive Wear AG

• Infinite Corridor Technology (Infinite Water)

• International Business Machines Corporation (IBM)

• Sensatex AG

• du Pont de Nemours and Company (DuPont)

• Adidas AG

• Ohmatex ApS

• Hexoskin

• Under Armour Inc.

• Myant Inc.