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Global Smart Clothing Market size was valued at USD 3.20 billion in 2022 and is poised to grow from USD 4.08 billion in 2023 to USD 28.69 billion by 2031, growing at a CAGR of 27.60% during the forecast period (2024-2031).

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

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The global smart clothing market experiences growth driven by a high demand from professional athletes which ultimately will increase the adoption of smart clothing therefore is a significant contributing factor to the market's expansion.

Report ID: SQMIG45I2183 | Region: Global | Published Date: July, 2024
Pages: 197 | Tables: 110 | Figures: 78

Smart Clothing Market News

In November 2023, Nisshinbo Textile, a subordinate of Japan based Nisshinbo Holdings has developed a smart belt for pregnant mothers. The belt has a small microphone, which can monitor the baby’s heartbeat and predict a few days in advance when the mother is likely to go into labor. This belt encourages the user to seek medical care if any abnormalities are detected. The company plans to sell the belt as regular apparel rather than medical equipment.

In November 2023, Nisshinbo Textile, a subordinate of Japan based Nisshinbo Holdings has developed a smart belt for pregnant mothers. The belt has a small microphone, which can monitor the baby’s heartbeat and predict a few days in advance when the mother is likely to go into labor. This belt encourages the user to seek medical care if any abnormalities are detected. The company plans to sell the belt as regular apparel rather than medical equipment.

On January 2024, Taiwan-based MAEDEN specializes in manufacturing conductors, tinsel wires, and cables using diverse materials and constructions. Their product range caters to smart clothing and mobile devices. Notably, the company has developed an elastic wire capable of enduring water exposure and stretching without compromising its resistance. MAEDEN’s ultra-fine elastic conductors, with a diameter of around 0.2mm and a resistance of 6.5 ohms/meter, can stretch up to 50 per cent, maintaining their original length.

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Smart Clothing Market size was valued at USD 3.2 Billion in 2022 and is poised to grow from USD 3.8 Billion in 2023 to USD 26.70 Billion by 2031, at a CAGR of 27.60% during the forecast period (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. '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.'

The Smart Clothing market experiences growth driven by a high demand from professional athletes which ultimately will increase the adoption of smart clothing therefore is a significant contributing factor to the market's expansion.

Increased integration of Health Monitoring Features: Smart clothing is increasingly incorporating advanced health monitoring features such as heart rate monitoring, ECG monitoring, temperature sensing, and activity tracking. This trend is driven by the growing demand for wearable health and fitness tracking devices.

North America dominated with the largest revenue share of over 39.6% in 2023. The dominance is attributed to the region's advancement in smart clothing technologies and presence of key players like Sensoria. The notable growth is further driven by the increasing demand for smart clothing, especially from the military sector. The military is adopting and adapting smart textile technologies to create battle-ready uniforms, providing a distinct advantage in the field. These uniforms are equipped with in-built sensors that monitor crucial metrics such as muscle data, temperature, heart rate and respiration rates and even can identify wounds to assess a soldier's health.

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