The smart clothing market in Europe is expected to grow from US$ 325.08 million in 2019 to US$ 1861.24 million by 2027; it is estimated to grow at a CAGR of 24.7% from 2020 to 2027.
Germany, France, Russia, Italy, UK and rest of Europe are major economies in Europe. Smart clothing is designed and manufactured with the integration of smart technologies to offer fabric with different functionality. The components integrated in smart clothing are sensors, batteries, and lights etc. Smart textiles have garnered significant popularity in the area of healthcare and related domains because the fabric is in direct contact with its wearer's skin, owing to which it offers the most primary access to non-vital or vital body parameters. In fitness and sports applications, smart fabrics can replace attached or worn sensor devices. The most basic use of smart clothing is to monitor the wearer’s vital data, such as heartbeat, ECG, carotid pulse, respiration, breathing pattern, skin temperature, skin impedance, and physical activity, during normal daily activities. This allows empowering individuals to manage their healthcare needs, thereby promoting preventive healthcare (from illness diagnosis to wellness monitoring). Smart clothing also have a critical application in remote control of chronically ill patients or those undergoing rehabilitation, especially in telemedical applications. With active materials, recovery can be supported by movement detection, correction, or medication administered through the skin. Additionally, the demand for smart fabric and textile from fashion industry is witnessing substantial growth. Furthermore, owing to increase in government spending there is rising demand from defense sector for smart clothing to track body vitals of on field soldiers. With continuous innovation in smart clothing technology and increasing applications of smart clothing across different industry vertical the market for smart clothing is expected to flourish in forth-coming future.The consequences of outbreak of COVID-19 has hampered the economic growth and stability in Europe. So far, Italy and Spain are the most affected countries in Europe leading to sharp decline of Europe smart clothing market. However, western European countries did not witness severe consequence of the corona virus due to robust healthcare infrastructure which lead to a comparatively moderate decline in their demand for various essential services including smart clothing. Furthermore, to contain the spread of corona virus the governments across Europe imposed various initiatives such as travel restrictions, factories and businesses shutdowns and lockdowns which ultimately affected the revenue generation and growth opportunities in the region. The consequences of COVID-19 are expected to continue negatively impact the Europe Smart Clothing market and virtually disrupt the market growth across selected countries during the coming few months.
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Europe smart clothing market Segmentation
Europe Smart Clothing Market – By Type
- Passive
- Active
- Ultra-Smart
Europe Smart Clothing Market – By Product
- Apparel
- Footwear
- Wearable Patches
- Other
Europe Smart Clothing Market – By Connectivity
- Wi-Fi
- Bluetooth
- GPS
- RFID
Europe Smart Clothing Market – By End User
- Healthcare
- Sport and Fitness
- Fashion and Lifestyle
- Military
- Others
Europe Smart clothing market – By Country
- France
- Germany
- UK
- Russia
- Italy
- Rest of Europe
Europe Smart clothing market -Companies Mentioned
- CUTECIRCUIT
- Myontec Ltd
- Under Armour, Inc.
- Jabil Inc.
- Google LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Product, Connectivity, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1.Introduction
1.1Scope of The Study
1.2The Insight Partners Research Report Guidance
1.3Market Segmentation
1.3.1Europe Smart Clothing Market – By Type
1.3.2Europe Smart Clothing Market – By Product
1.3.3Europe Smart Clothing Market – By Connectivity
1.3.4Europe Smart Clothing Market – By End User
1.3.5Europe Smart clothing market – By Country
2.Key Takeaways
3.Research Methodology
3.1Coverage
3.2Secondary Research
3.3Primary Research
4.Europe Smart Clothing Market Landscape
4.1Market Overview
4.2Europe – PEST Analysis
4.3Ecosystem Analysis
4.4Expert Opinion
5.Europe Smart Clothing Market – Key Market Dynamics
5.1Market Drivers
5.1.1Mounting demand of smart wearable from sports & fitness, and healthcare sector
5.1.2Escalating growth in demand for upper body segment
5.2Market Restraints
5.2.1Regulatory compliance norms and high cost of products
5.3Market Opportunities
5.3.1Increasing implementation of smart fabric in fashion industry
5.4Future Trends
5.4.1Integration of gesture recognition in smart clothing
6.Smart Clothing Market – Europe Analysis
6.1Overview
6.2Europe Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
6.3Market Positioning – Five Key Players
7.Smart Clothing Market – By Type
7.1Overview
7.2Europe Smart Clothing Market, By Type (2019 and 2027)
7.3Passive
7.3.1Overview
7.3.2Passive: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
7.4Active
7.4.1Overview
7.4.2Active: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
7.5Ultra-Smart
7.5.1Overview
7.5.2Ultra-Smart: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.Smart Clothing Market Analysis – By Product
8.1Overview
8.2Europe Smart Clothing Market, By Product (2019 and 2027)
8.3Apparel
8.3.1Overview
8.3.2Apparel: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.4Footwear
8.4.1Overview
8.4.2Footwear: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.5Wearable Patches
8.5.1Overview
8.5.2Wearable Patches: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.6Others
8.6.1Overview
8.6.2Others: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.Smart Clothing Market Analysis – By Connectivity
9.1Overview
9.2Europe Smart Clothing Market, By Connectivity (2019 and 2027)
9.3Wi-Fi
9.3.1Overview
9.3.2Wi-Fi: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.4Bluetooth
9.4.1Overview
9.4.2Bluetooth: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.5GPS
9.5.1Overview
9.5.2GPS: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.6RFID
9.6.1Overview
9.6.2RFID: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
10.Smart Clothing Market Analysis – By End User
10.1Overview
10.2Europe Smart Clothing Market Breakdown, by End User, 2019 & 2027
10.3Healthcare
10.3.1Overview
10.3.2Healthcare: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.4Sport and Fitness
10.4.1Overview
10.4.2Sport and Fitness: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.5Fashion and Lifestyle
10.5.1Overview
10.5.2Fashion and Lifestyle: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.6Military
10.6.1Overview
10.6.2Military: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.7Others
10.7.1Overview
10.7.2Others: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
11.Smart Clothing Market – Country Analysis
11.1Overview
11.1.1Europe: Smart Clothing Market, By Country
11.1.1.1France: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1France: Smart Clothing Market, by Type
11.1.1.1.2France: Smart Clothing Market, by Product
11.1.1.1.3France: Smart Clothing Market, by Connectivity
11.1.1.1.4France: Smart Clothing Market, by End User
11.1.1.2Germany: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1Germany: Smart Clothing Market, by Type
11.1.1.2.2Germany: Smart Clothing Market, by Product
11.1.1.2.3Germany: Smart Clothing Market, by Connectivity
11.1.1.2.4Germany: Smart Clothing Market, by End User
11.1.1.3Italy: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1Italy: Smart Clothing Market, by Type
11.1.1.3.2Italy: Smart Clothing Market, by Product
11.1.1.3.3Italy: Smart Clothing Market, by Connectivity
11.1.1.3.4Italy: Smart Clothing Market, by End User
11.1.1.4UK: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.4.1UK: Smart Clothing Market, by Type
11.1.1.4.2UK: Smart Clothing Market, by Product
11.1.1.4.3UK: Smart Clothing Market, by Connectivity
11.1.1.4.4UK: Smart Clothing Market, by End User
11.1.1.5Russia: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.5.1Russia: Smart Clothing Market, by Type
11.1.1.5.2Russia: Smart Clothing Market, by Product
11.1.1.5.3Russia: Smart Clothing Market, by Connectivity
11.1.1.5.4Russia: Smart Clothing Market, by End User
11.1.1.6Rest of Europe: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.6.1Rest of Europe: Smart Clothing Market, by Type
11.1.1.6.2Rest of Europe: Smart Clothing Market, by Product
11.1.1.6.3Rest of Europe: Smart Clothing Market, by Connectivity
11.1.1.6.4Rest of Europe: Smart Clothing Market, by End User
12.Impact of COVID-19 Pandemic on Europe Smart Clothing Market
12.1Europe: Impact Assessment of COVID-19 Pandemic
13.Smart Clothing Market - Industry Landscape
13.1Market Initiative
13.2New Development
14.Company Profiles
14.1CUTECIRCUIT
14.1.1Key Facts
14.1.2Business Description
14.1.3Products and Services
14.1.4Financial Overview
14.1.5SWOT Analysis
14.1.6Key Developments
14.2Myontec Ltd
14.2.1Key Facts
14.2.2Business Description
14.2.3Products and Services
14.2.4Financial Overview
14.2.5SWOT Analysis
14.2.6Key Developments
14.3Under Armour, Inc.
14.3.1Key Facts
14.3.2Business Description
14.3.3Products and Services
14.3.4Financial Overview
14.3.5SWOT Analysis
14.3.6Key Developments
14.4Jabil Inc.
14.4.1Key Facts
14.4.2Business Description
14.4.3Products and Services
14.4.4Financial Overview
14.4.5SWOT Analysis
14.4.6Key Developments
14.5Google LLC
14.5.1Key Facts
14.5.2Business Description
14.5.3Products and Services
14.5.4Financial Overview
14.5.5SWOT Analysis
14.5.6Key Developments
15.Appendix
15.1About The Insight Partners
15.2Word Index
LIST OF TABLES
Table 1.Europe Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2.Europe Smart Clothing Market, by Country – Revenue and Forecast to 2027 (USD Million)
Table 3.France Smart Clothing Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 4.France Smart Clothing Market, By Product – Revenue and Forecast to 2027 (US$ Million)
Table 5.France Smart Clothing Market, By Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 6.France Smart Clothing Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 7.Germany Smart Clothing Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 8.Germany Smart Clothing Market, By Product – Revenue and Forecast to 2027 (US$ Million)
Table 9.Germany Smart Clothing Market, By Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 10.Germany Smart Clothing Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 11.Italy Smart Clothing Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 12.Italy Smart Clothing Market, By Product – Revenue and Forecast to 2027 (US$ Million)
Table 13.Italy Smart Clothing Market, By Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 14.Italy Smart Clothing Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 15.UK Smart Clothing Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 16.UK Smart Clothing Market, By Product – Revenue and Forecast to 2027 (US$ Million)
Table 17.UK Smart Clothing Market, By Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 18.UK Smart Clothing Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 19.Russia Smart Clothing Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 20.Russia Smart Clothing Market, By Product – Revenue and Forecast to 2027 (US$ Million)
Table 21.Russia Smart Clothing Market, By Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 22.Russia Smart Clothing Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 23.Rest of Europe Smart Clothing Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 24.Rest of Europe Smart Clothing Market, By Product – Revenue and Forecast to 2027 (US$ Million)
Table 25.Rest of Europe Smart Clothing Market, By Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 26.Rest of Europe Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 27.List of Abbreviation
LIST OF FIGURES
Figure 1.Europe Smart Clothing Segmentation
Figure 2.Europe Market Overview of Smart Clothing Market (2019-2027)
Figure 3.Europe Smart Clothing Market by Country– 2019 & 2027 (US$ MN)
Figure 4.Europe Smart Clothing Market by Type -2019 & 2027 (US$ MN)
Figure 5.Europe Smart Clothing Market By Product -2019 & 2027 (US$ MN)
Figure 6.Europe Smart Clothing Market by Connectivity 2019 & 2027 (US$ MN)
Figure 7.Europe Smart Clothing Market by End User-2019 & 2027 (US$ MN)
Figure 8.Europe – PEST Analysis
Figure 9.Ecosystem Analysis
Figure 10.Expert Opinion
Figure 11.Europe Smart Clothing Market Impact Analysis of Driver and Restraints
Figure 12.Europe Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13.Europe Smart Clothing Market Breakdown, By Type, 2019 & 2027 (%)
Figure 14.Europe Passive: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15.Europe Active: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16.Europe Ultra-Smart: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17.Europe Smart Clothing Market Revenue Share, by Product (2019 and 2027)
Figure 18.Europe Apparel: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19.Europe Footwear: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20.Europe Wearable Patches: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21.Europe Others: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22.Europe Smart Clothing Market Revenue Share, by Connectivity (2019 and 2027)
Figure 23.Europe Wi-Fi: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24.Europe Bluetooth: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25.Europe GPS: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26.Europe RFID: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27.Europe Smart Clothing Market Breakdown, by End User (2019 and 2027)
Figure 28.Europe Healthcare: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 29.Europe Sport and Fitness: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 30.Europe Fashion and Lifestyle: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 31.Europe Military: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 32.Europe Others: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 33.Europe: Smart Clothing Market Revenue Share, By Country (2019 and 2027)
Figure 34.France: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35.Germany: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36.Italy: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37.UK: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38.Russia: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39.Rest of Europe: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40.Impact of COVID-19 Pandemic in European Markets
The List of Companies - Europe Smart Clothing Market
- CUTECIRCUIT
- Myontec Ltd
- Under Armour, Inc.
- Jabil Inc.
- Google LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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