Europe Smart Clothing Market to reach USD 1 bn by 2024
Posted: Nov 01, 2018
The research "Europe Smart Clothing Market analysis based on Product, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024" by Graphical Research. says, Europe Smart Clothing Market size is set to surpass USD 1 billion by 2024.
Rising health and fitness awareness among the young population in European countries is driving the smart clothing market growth. Increasing number of fitness and modeling professionals in the UK and Italy is propelling the consumption of the intelligent textiles and clothes owing to the health maintenance benefits. The regional industry is majorly dominated by few and major manufacturing players covering a larger customer base. The growing adoption of connected technology in consumer electronics and wearables products in the Europe region is catering to the increased consumer preferences of consumers to buy smart products. This trend is expected to boost the smart clothing market at high rates in the coming years.
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Based on product bifurcation, smart undergarments in the smart clothing market is expected to cover large revenue shares in Europe. Modern products have been developed by incorporating intelligent technology capable of controlling smartphones. They are integrated with fabric sensor arrays that enable wireless charging and can track heart rate, temperature, pressure, and hydration levels in the human body. Additionally, the garments are water resistant and can be washed on a regular basis without hindering the performance benefits.
The military & defense sector in the Europe smart clothing market will gain traction over the forecast time owing to the increased defense requirements for security of the officials. Government focus on providing advanced and smart wearables to the military workers will reduce potential battlefield threats. These products are used in providing extensive training to police and defense departments to enhance their performance by tracking fitness levels on a regular basis.
Browse key industry insights from this 2018 report Europe Smart Clothing Market in detail along with the table of contents at:
Prominent players of the Europe smart clothing market include Clothing+, Nike, Adidas, AiQ, Hexoskin, MAD Apparel, Wearable Technologies Service GmbH, Sympatex, Applycon, and Belginova NV.
Segments We Cover:
Europe Smart Clothing Market Statistics, By Product
T-shirt, Pants, Shoes, Undergarments, Jackets, Socks
Europe Smart Clothing Market Trends, By Application
Sports & Fitness, Healthcare, Military & Defence, Industrial, Entertainment
The above information is provided for the following countries:
UK, Germany, France, Italyx
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- Asia Pacific Smart Clothing Market Share by Product (T-shirts, Pants, Shoes, Undergarments, Jackets, Socks), By Application (Sports & Fitness, Healthcare, Military & Defense, Industrial, Entertainment), Industry Analysis Report, Regional Outlook (China, Japan, South Korea, Australia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services.