Asia Pacific Smart Fabric For Sports & Fitness Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Smart fabrics are the textiles that have microchip technology and digital parts inserted in them. Enhancements in the field of microfiber technology have allowed the production of textiles with types like breathability, waterproofing. Smart textiles will be water resistant and can measure the chemical position of your body, monitor your heart rate, and also, keep track of your physical activities and local environment.
Asia Pacific Smart Fabric for Sports & Fitness Market Segments Size & Growth:
Asia Pacific Smart Fabric for sports & fitness market is accounted for $XX Billion in 2017 and expected to grow at a CAGR of XX% to reach $XX Billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth increase in wearable electronic industry fueling the smart fabric for sports & fitness market, rapid growth in low cost smart wireless sensors, increasing popularity on gadgets with advanced functions. However, high cost, and lack of regulations which are fettering the growth of the Asia Pacific smart fabric for sports & fitness market.
Asia Pacific Smart Fabric for Sports & Fitness Market Segments Share:
Asia Pacific smart fabric for sports & fitness market is categorised into by function which consists of sensing, thermoelectricity, energy harvesting, and luminescence & aesthetics. Sensing is the dominant market among another function segment in smart fabric for sports & fitness market because of the textile sensors as they have
Asia Pacific Smart Fabric For Sports & Fitness Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the capability of sensing and monitoring in various applications like personal protective equipment, medical, sports, and fitness. By products, it is classified by active smart, ultra-smart, and passive smart. The active smart fabric is the fastest growing among other product in the Asia Pacific smart factory market because of the integration of sensors and actuators. They are available in the form of heat evolving fabrics and also in electrically heated suits along with the features such as shape memory, heat storage, monitors heart rate, and water resistance.
By Geography, Asia Pacific is the fastest growing in the Asia Pacific textile market owing to boost healthcare as well as construction industry. Asian countries like China and India are driving the market in this region.
Asia Pacific Smart Fabric for Sports & Fitness Market Segments Trends:
- In December 2017, Outlast has launched Outlast Xelerate a heat spreader to build up the heat for climatic regulations by using PCM process.
- In March 2017, Google and Levis collaborated for “Project Jacquard” which is a smart jacket with a wearable technology which is interconnected with smartwatches as well as trackers.
- In January 2017, Sensoria, Inc. introduced smart sock with ultra-lightweight with the incorporation of pressure sensors which will protect from sweat and water especially for athletes.
- In August 2016, has introduced sports bars, smart socks, sensor T-shirts in which
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Asia Pacific Smart Fabric For Sports & Fitness Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
sensors are embedded to connect it with an app which tracks heart rate, gait as well as in-footwear pressure.
Asia Pacific Smart Fabric for Sports & Fitness Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players are:
- Marktek, Inc.
- Toray Industries
- Smartex s.r.l.
- Ohmatex ApS
- Koninklijke Ten Cate NV
- I.Du Pont De Nemours and company
- Interactive Wear AG
- Schoeller Technologies AG
Along with these companies, there were many other companies considered/cited in the report while analysing the smart fabric for sports & fitness market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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