Market Overview:
Sport and exercise are not necessarily always related to the words “health” and “safety”. The people who have chosen or have a professional, maybe an amateur or the path to athletic development and self-knowledge, in many frequent cases have required the support of a health care provider. However, with the introduction of technological innovations in all the different spheres of human life, also including sports, has now allowed some of the problems to be resolved with the help of some devices and specialized clothing that the developers use such as the new fabrics and the high-tech materials, embedded with various kinds of sensors. These smart clothes are a modern approach towards the monitoring of the health and condition of the athletes of any kind of profile and height. With the usage of this intelligent fabric that consists of integrated and printed sensors, this type of clothing independently collects all the necessary biometric information and then further transmits it to an external receiver such as the Internet, computer, smartphone, etc. Some of the famous models of the smart sports clothing are the Sensoria fitness socks; Athos; t-shirts, smart tracksuit Electricfoxy Move, OMsignal; smart shorts from Myontec; raglans-Zephyr Technology, Sensoria Fitness sports bra. These smart sports clothing and accessories are the future, which would surely turn into the present.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Adidas (Germany), Athos Works (United States), Atlas Wearables (United States), Nike (United States), Samsung (South Korea), Sony Corporation (Japan), Beddit (Finland), Beurer (Germany), Motorola (United States), Bragi (Germany), CardioSport LLC (United States), Fitbit (United States), Garmin Ltd. (United States), Geonaute (France), GeoPalz, LLC (United States), GOQii (United States) and Jawbone (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Smart Sports Clothing Market Study:
Adidas (Germany), Athos Works (United States), Atlas Wearables (United States), Nike (United States), Samsung (South Korea), Sony Corporation (Japan), Beddit (Finland), Beurer (Germany), Motorola (United States), Bragi (Germany), CardioSport LLC (United States), Fitbit (United States), Garmin Ltd. (United States), Geonaute (France), GeoPalz, LLC (United States), GOQii (United States) and Jawbone (United States)
Smart Sports Clothing Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Personal and Commercial |
Type | Jacket, Shorts, Suits, Hat and Others |
Textile Type | Active Smart,Passive Smart,Ultra-Smart |
Functionality | Biosensors,Connectivity,Data Collection & Storage,Energy Harvesting,Others |
Distribution Channel | Online,Offline |
Influencing Trend:
Technology Advancement regarding Smart Sports Clothing Products
Market Growth Drivers:
Growing Demand for Monitoring Bodily Activities Through Sensors, Rising Demand for Smart Clothes from Sports Industry, Increasing Awareness among People Related To Health and Fitness and An Upsurge in the Demand among the Growing Urban Population
Challenges:
High Prices of Smart Sports Clothing Products and Lack of awareness of Smart Sports Clothing Products
Restraints:
Issue related to High Initial Cost of Equipment and A problem regarding Power Consumption and Limited Battery Life of Smart Sports Clothing Products
Opportunities:
Rising Demand from Emerging Economics such as India, China, Brazil, and others and Growing Demand for Connected Devices and Development of Key Enabling Technologies
Some of the other players that are also part of study are Jaybird (Switzerland), Misfit (United States), Muse (United States), Omron (Japan), Oregon Scientific (United States) and Polar Electro (Finland). The Global Smart Sports Clothing market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Sports Clothing market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Smart Sports Clothing market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Smart Sports Clothing, Suppliers and Distributors of Smart Sports Clothing, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.