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Europe Smart Clothing Market 2019 Analysis, Drivers, Constraints, Growth Opportunities by 2024

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Europe Smart Clothing Market growth is propelled by increased government investments in enhanced research and development activities related to smart textiles, flexible, and wearable electronics sector.

— Graphical Research has announced the launch of Europe Smart Clothing Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

Rising health and fitness awareness among the young population in European countries is driving the smart clothing market growth. Increasing number of fitness and modeling professionals in the UK and Italy is propelling the consumption of the intelligent textiles and clothes owing to the health maintenance benefits.

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The regional industry is majorly dominated by few and major manufacturing players covering a larger customer base. The growing adoption of connected technology in consumer electronics and wearables products in the Europe region is catering to the increased consumer preferences of consumers to buy smart products. This trend is expected to boost the smart clothing market at high rates in the coming years.

Based on product bifurcation, smart undergarments in the smart clothing market is expected to cover large revenue shares in Europe. Modern products have been developed by incorporating intelligent technology capable of controlling smartphones.

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They are integrated with fabric sensor arrays that enable wireless charging and can track heart rate, temperature, pressure, and hydration levels in the human body. Additionally, the garments are water resistant and can be washed on a regular basis without hindering the performance benefits.

The military & defense sector in the Europe smart clothing market will gain traction over the forecast time owing to the increased defense requirements for security of the officials. Government focus on providing advanced and smart wearables to the military workers will reduce potential battlefield threats.

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These products are used in providing extensive training to police and defense departments to enhance their performance by tracking fitness levels on a regular basis.

Prominent players of the Europe smart clothing market include Clothing+, Nike, Adidas, AiQ, Hexoskin, MAD Apparel, Wearable Technologies Service GmbH, Sympatex, Applycon, and Belginova NV.

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.

Contact Info:
Name: Parikhit B.
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Organization: Graphical Research

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Source: MarketersMedia

Release ID: 508452

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