Selbyville, Delaware, United States, November 19 2020 (Wiredrelease) Global Market Insights, Inc :The study on North America Smart Clothing Market provides a complete view on the industry with intricate details subject to its overall stance in the global landscape along with specifying various applications across major end-user sectors.
The North America smart clothing industry, as per the given report, recorded valuation of USD 150 million in 2017 and would cross to a mammoth of USD 3 billion by 2024, growing at a rate of 50%. The market report showcases data on the current market situation, evolving technologies, provides details on market rivals, market strategies, future growth prospects, and vivid market segmentations.
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Further, the report also puts forth various factors that are potentially driving the revenue graph of the industry over the time, along with offering details of the ongoing trends that the given industry is characterized by.
According to the analysis, North American smart clothing market has been divided into multiple segments including produt, application, regions, and expansive competitive landscape.
Based on product, the smart clothing market is classified into t-shirts, pants, shoes, undergarments, socks and jackets. Smart jackets enable the use of several internet and data-based applications without physically operating the actual electronic devices. The jackets include beneficiary features that connect music and camera applications along with the mobile device charging facility. All these factors will boost the smart wearable industry in the North American region at high growth rates.
As per the given document, North America smart clothing market has been diversified into U.S., Canada whose comprehensive analysis has been mentioned in the study. It also includes factors and trends that are deemed to promote the growth of regional markets, each regions individual market share and size, technologies used, governmental laws and regulations, and other factors.
Themarket is majorly driven by the increasing investments of professional athletes and sports persons for performance optimization and potential injury prevention. Leading sports associations across the U.S. are focusing on providing intelligent garments to the players to attain health benefits and improve their productivity. Rapid urbanization and enhanced consumer lifestyles are the factors that are further developing the smart clothing market. The growing awareness of consumers in the North American smart clothing market toward health and fitness propels the demand for these technologies. The industry offers a wide range of connected clothes and apparels with GPS tracking and lightweight alternatives.
The smart clothing industry in North America is highly fragmented and claims the presence of top-notch companies operating the realm including DuPont, Google Inc., Clothing Plus Ltd., Adidas AG, Schoeller Textil AG, Interactive Wear AG, Outlast Technologies LLC, Hexoskin, Lumo Bodytech, Inc., AiQ Smart Clothing, Inc., and Ralph Lauren. Market analysis of this segment highlights details on the sales growth of each of these companies, their strategic initiatives, individual company profiles, market share, and position in the worldwide ecosystem.
Chapter 4.North America Smart Clothing Market Size, by Product, 2013 2024
Chapter 5.North America Smart Clothing Market Size, by Application, 2013 2024
Sports FitnessHealthcareMilitary DefenseIndustrialEntertainment
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