Global Smart Clothing Market Report and Forecast 2024-2032

Global Smart Clothing Market Outlook

The global smart clothing market is expected to grow in the forecast period of 2024-2032 at a CAGR of 25% to reach USD 31.08 billion by 2032.          

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Sports and Defence Sectors Leading the Growth of Smart Clothing Industry Globally

Growing awareness about fitness, increasing trials to prevent injuries during sports activities and increasing investments in defence would lead to the growth of the smart clothing industry globally in the forecast period. Smart clothing can already be seen as an important component in military uniforms to trace and detect the soldier’s location, environmental analysis, and to improve the health of soldiers. Military groups are partnering with government agencies and leading companies to develop and financially support the development of smart clothing.

Further, injuries to highly paid athletes result in high cost, not just from the player’s treatment and rehabilitation but also from the cost associated with the lost ticket and merchandise sales. Smart clothing products have the ability to decrease or even eliminate most of the preventable injuries, thus making smart clothing highly valuable for athletes and sports teams. This is also the reason which makes smart clothing highly beneficial for the healthcare sector as well. Also, the demand for smart clothing is rapidly increasing for fitness related purposes as it helps to record running distance, breathing rates and heart rates with the help of sensors.

Smart Clothing: Market Segmentation

Smart clothing, also known as electronic textiles and smart garments, is an advanced fusion of technology and fashion that allows electronics such as sensors, transmitters and receivers to be embedded in fabrics that help monitor the physical conditions and body activities of the consumer. Smart clothing offers added value to the consumers as it can be used for various health related monitoring reasons, tracking and providing biometric data.

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Smart clothing, on the basis of fabric type, can be classified as:

• Active Smart
• Passive Smart
• Ultra-Smart

The major types of product of smart clothing can be categorised as:

• Upper wear 
• Lower wear 
• Undergarments
• Others 

The market can be broadly divided on the basis of  its application as:

• Sports and Fitness
• Healthcare
• Military and Defence
• Industrial and Mining
• Entertainment
• Others

The EMR report looks into the regional markets of smart clothing like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Growth in Military, Sports and Healthcare Sectors to Boost the Smart Clothing Industry

Rising awareness regarding health and fitness among people will raise the demand for smart clothing for monitoring body activities through sensors. Increasing use of smart clothing by athletes to monitor their performance and prevent injuries will also be a major industry driver in the forecast period. It is also being adopted on a large scale by the healthcare sector to prevent injuries to their staff, record body temperature, and treat muscle related pains and issues.

However, high manufacturing costs and the lack of awareness, data privacy issues and technical challenges can prove to be a barrier to the rising demand for smart clothing over the forecast period.

Key Industry Players in the Global Smart Clothing Market

The report presents a detailed analysis of the following key players in the global smart clothing market, looking into their capacity, market shares, and latest developments like capacity expansions and technological advancements:

• AiQ Smart Clothing 
• DuPont de Nemours, Inc. 
• Carré Technologies Inc.
• Toray Industries, Inc.
• Vulpes Electronics
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis.

Key Highlights of the Report