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Global Smart Fabrics for Sports and Fitness Market 2021 Share, Growth by Top Company, Region, Application, Driver, Trends & Forecast

Smart Fabrics for Sports and Fitness

Smart Fabrics for Sports and Fitness Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Smart Fabrics for Sports and Fitness market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Miniaturisation of Electronic Components is Expected to Drive the Market

– With the ongoing technological advancements in nano-technology and micro-fabrication technologies, the miniaturization has been enabled in various electronic components, which is making components like smart sensors small and cost-effective, which is driving the smart fabrics for sports and fitness.
– The 3-D printing production processes and production of nano-materials by Nano Dimension solutions have the potential to resolve any production challenges and will also help create an efficient production technology for smart fabrics.
– There are several firms that manufacture numerous wearable technology gadgets, from Fitbit’s fitness trackers (bands), Nike’s FuelBand to other major Sports brand watches, to meet the Sports and Fitness requirements.
– The emerging new segment of wearable devices called the E-textile or Smart fabrics have changed the way these devices are being worn now. Smart fabrics incorporate biometric sensors, minicomputers, circuits or metallic yarns for different functionality. These fabrics can be customized accordingly to meet almost all the requirements of a sports athlete or any fitness buff.

North America to be the Prime Market for the Adoption of Smart Fabrics in Sports and Fitness Segment

– The increasing R&D activities and the rising adoption of modernized electronic wearables are the major factors that are supporting the growth of the smart fabrics in this region. With the presence of several major players and the rising technological advancements, the market is expected to witness strong growth for the next few years.
– The is expected to witness strong growth in Smart Fabrics in Sports and Fitness Market. Considering the Sports and Fitness end users, these fabrics have features of being modified as per the user’s needs.
– These fabrics are water resistant up to a certain limit and can also measure the chemical composition of the user’s body, continuously monitor heart rate, and also, keep a track of the physical activities done as well as the local environment.
– Further, various sports organizations in the have significantly invested in the advancement and development of smart fabrics that are to be incorporated with lightweight sensors, color-changing materials, and other features.

Market Overview:

  • The smart fabrics for sports and fitness market is expected to grow with a CAGR of 17.95%, during the forecast period (2019 – 2024). The recent developments in the field of microfiber technology have enabled the production of textiles with advanced features like breathability, waterproofing, etc. These additional abilities to react to heat or light gives them a major edge in adapting to external environmental stimuli over traditional fabrics.
  • – The recent technological advancements in the microelectronics industry have resulted in the development of components scaled down to Nano-scale. These advancements are expected to boost the growth of smart fabrics for sports and fitness market over the forecast period.
  • – Major companies have been researching in smart fabrics for new possibilities to incorporate fabrics or textiles with emerging technologies, to improve the lifestyle of the consumer.
  • – In recent times, with the emergence of smart sensor devices, there has been a growing demand for sophisticated wearable smart gadgets. Noticeably, there has been a rapid growth of low-cost smart wireless storage networks, which has been driving the market.

    Key Manufacturers Like 

  • AiQ
  • Eeonyx Corporation
  • Interactive Wear AG
  • Koninklijke Ten Cate nv
  • Performance Fibers
  • Nike, Inc.
  • Schoeller Textil AG
  • Textronics
  • Novanex
  • Marktek, Inc.
  • Adidas AG
  • Toray Industries
  • Smartex s.r.l.
  • Ohmatex ApS.

    Scope of the Report:

  • Smart fabrics are made by incorporating smart materials, conductive polymers, encapsulated phase change materials, shape memory polymers, electronic sensors, and communication equipment. These materials interact according to their designed feature with the stimuli in their environment.

    Smart Fabrics for Sports and Fitness market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Smart Fabrics for Sports and Fitness market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Smart Fabrics for Sports and Fitness market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Smart Fabrics for Sports and Fitness market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Smart Fabrics for Sports and Fitness market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Smart Fabrics for Sports and Fitness ?
    • Who are Opportunities, Risk and Driving Force of Smart Fabrics for Sports and Fitness market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Smart Fabrics for Sports and Fitness space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Smart Fabrics for Sports and Fitness market opportunities, market risk and market overview of the Market?

    Lastly, the Global Smart Fabrics for Sports and Fitness Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Smart Fabrics for Sports and Fitness Market Report:

    • To provide a detailed analysis of the market structure along with the Smart Fabrics for Sports and Fitness market forecast of various segments and sub-segments of the Smart Fabrics for Sports and Fitness market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Smart Fabrics for Sports and Fitness market trends that influence the global Smart Fabrics for Sports and Fitness market

    Detailed TOC of Smart Fabrics for Sports and Fitness Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Rapid Growth of Low-Cost Smart Wireless Sensor Networks
    4.3.2 Miniaturisation of Electronic Components
    4.4 Market Restraints
    4.4.1 Slow Penetration Rate in Developing Countries
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 TECHNOLOGY SNAPSHOT

    6 MARKET SEGMENTATION
    6.1 By Product Type
    6.1.1 Ultra Smart Fabrics
    6.1.2 Active Smart Fabrics
    6.1.3 Passive Smart Fabrics
    6.2 By Function
    6.2.1 Energy Harvesting
    6.2.2 Sensing
    6.2.3 Thermoelectricity
    6.2.4 Luminescent
    6.2.5 Other Functions
    6.3 Geography
    6.3.1 North America
    6.3.2 Europe
    6.3.3 Asia-Pacific
    6.3.4 Rest of the World

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 AiQ
    7.1.2 Eeonyx Corporation
    7.1.3 Interactive Wear AG
    7.1.4 Koninklijke Ten Cate nv
    7.1.5 Performance Fibers
    7.1.6 Nike, Inc.
    7.1.7 Schoeller Textil AG
    7.1.8 Textronics
    7.1.9 Novanex
    7.1.10 Marktek, Inc.
    7.1.11 Adidas AG
    7.1.12 Toray Industries
    7.1.13 Smartex s.r.l.
    7.1.14 Ohmatex ApS

    8 INVESTMENT ANALYSIS

    9 MARKET OPPORTUNITIES AND FUTURE TRENDS

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