NanoMarkets Announces New Report on Sensors and Materials for Smart Clothing
Industry: Market Research
Overall, NanoMarkets projects the smart clothing materials and sensor market to grow from $212 million in 2014 to $701 million by 2018 and $1.8 billion in 2021
Glen Allen, VA (PRUnderground) October 21st, 2014
The market for sensors and “smart” materials used in clothing will grow from roughly $212 million this year to more than $1.8 billion by 2021, according to a new report from industry analyst firm NanoMarkets. Overall, NanoMarkets projects the smart clothing materials and sensor market to grow from $212 million in 2014 to $701 million by 2018 and $1.8 billion in 2021. Sports and healthcare segments are expected to lead the way, followed by military and fashion segments. In sensors, bio-sensors will dominate followed by pressure sensors. In the case of materials, we expect conductive polymers and conductive yarns to capture the most market share.
Details of the new report, “Smart Clothing Markets: Opportunities for Sensors and Smart Materials, including a downloadable excerpt, are available at: http://nanomarkets.net/market_reports/report/smart-clothing-markets-opportunities-for-sensors-and-smart-materials
About the Report:
Wearable computing is lauded as the next evolution of computing and interactivity. Today this is manifesting in the market with “smart” watches and the first wave of “smart glasses.” The next step in wearable computing is in “smart” clothing, i.e. fabrics integrated with various electronics and computing components and energy harvesting, and even fabrics that incorporate some of those capabilities themselves. NanoMarkets sees this category poised to emerge into the spotlight and becoming a significant revenue generator for various levels in the supply chain, from materials suppliers to retailers. The key lies in the progress of development and commercialization of new and improved fabrics and sensors that are the essential building blocks for the capabilities — and value — of various smart clothing products.
This report focuses on the opportunities in the smart clothing space for suppliers of sensors and smart materials, the enabling technologies for smart clothing’s current and future market trends. We examine the relevant developments in these product categories as they pertain to smart clothing, explore the full integration of high technology and fashion design and discuss all the technical problems (such as integrating microchips into clothing and washing issues), and where the money will be made for those suppliers in a number of smart clothing markets and industry sectors. We include eight-year forecasts of relevant component and material shipments both in volume and value terms, with breakouts by type of materials/components and application sector.
The report also analyzes the product/market and technology strategies of firms that we believe will shape the smart clothing materials and components space as it evolves. Companies discussed in this report include: Adidas, AIQ, Applied Materials, Athos, Carre Technologies, Clothing+, Corpo Nove, CSEM, Eeonyx, Exmoverve, Footfalls & Heartbeats, Globe Firefighters, Hexoskin, Inntex, Infoscitex, Intel, Intelligent Textiles, Mcube, Measurement Technologies, Medical Technologies, Moritz Waldemeyer, Moticon, Myontec, Nike, No Contact, Novonic, NTT DoCoMo, Nuubo, Ohmatex, Orpyx, Outlast Technologies, Owlet Baby Care, Pauline van Dongen, Phillips, Plug & Wear, PowerFilm Solar, Prospie, Ralph Lauren, Safe@Sea, Sefar, Sensoria, SmartSense, Stryker, T-Wave, Xyber Mind Technologies, and Zephyr Technology.
NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. Visit www.nanomarkets.net for a full listing of NanoMarkets’ reports and other services.