Smart Clothing Market in Asia Pacific Upcoming Trends, Growth Drivers and Challenges up to 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-18
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Smart Clothing Market in Asia Pacific Upcoming Trends, Growth Drivers and Challenges up to 2024

The Graphical Research report presents a detailed evaluation of “Asia Pacific Smart Clothing Market based on Product, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, estimated to exceed USD 500 million by 2024.

The APAC smart clothing market is majorly driven by the penetration of intelligent textile manufacturing companies. India and China in the region have witnessed the establishment of a large number of production plants in the recent years owing to the availability of cheap labor. Rapid developments in the manufacturing and export activities in the emerging economies including Japan and South Korea will boost the industry growth. Advancements in nanotechnology and its incorporation in the modern textiles are emerging trends aiding the Asia Pacific smart clothing market growth. This technology offers varied benefits such as electronic capabilities, fire resistance, and monitoring techniques.

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Based on products, the Asia Pacific smart clothing market is expected to witness several growth opportunities in smart jackets. These products can offer contactless payment facilities to the wearer without the usage of cards or cash. They are also available in a range of self-heating jackets that respond to temperature changes and provide protection against extreme cold conditions.

The military & defense sector is predicted to dominate the Asia Pacific smart clothing market over the forecast timespan owing to the increasing government investments and fund availability. The initiatives by the Chinese government to facilitate better infrastructure and advanced security facilities to the military sector are driving the industry growth.

The prominent companies in the Asia Pacific smart clothing market comprise Catapult, Athos, Hexoskin, Heddoko, Lumo Bodytech, Cityzen Sciences, Ralph Lauren, Gymi, AiQ, Xsensio, and OMsignal. The players majorly focus on developing major production and manufacturing facilities in the region due to labor availability and enhanced production processes adopted by the companies.

Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1068/asia-pacific-smart-clothing-market

Segments We Cover:

Asia Pacific Smart Clothing Market Statistics, By Product
T-shirt
Pants
Shoes
Undergarments
Jackets
Socks

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Asia Pacific Smart Clothing Market Trends, By Application
Sports & Fitness
Healthcare
Military & Defense
Industrial
Entertainment

The above information is provided for the following countries:
China
Japan
Australia
South Korea

Related Reports:

  1. North America Smart Clothing Market Size By Product (T-shirts, Pants, Shoes, Undergarments, Jackets, Socks), By Application (Sports & Fitness, Healthcare, Military & Defense, Industrial, Entertainment), Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
     
  2.  Europe Smart Clothing Market Size By Product (T-shirts, Pants, Shoes, Undergarments, Jackets, Socks), By Application (Sports & Fitness, Healthcare, Military & Defense, Industrial, Entertainment), Industry Analysis Report, Regional Outlook (UK, Germany, France, Italy), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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