Smart Fitness Wear Market size to grow at over 30% CAGR from 2016 to 2023 - PowerPoint PPT Presentation

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Smart Fitness Wear Market size to grow at over 30% CAGR from 2016 to 2023

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Request for an in-depth table of contents for this report @ Smart fitness wear market size is predicted grow at over 30% CAGR from 2016 to 2023 and is likely to hit USD 4.5 billion by 2023. Rising consciousness regarding health and fitness among individuals is anticipated to drive industry growth over the forecast period. Wearable technology market size was approximately USD 25 billion in 2015. Surging demand for technologically advanced products along with increasing need for innovative features is anticipated to boost smart fitness wear market growth. Growing awareness regarding personal fitness management is also predicted to positively impact the industry demand over the next seven years. – PowerPoint PPT presentation

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Title: Smart Fitness Wear Market size to grow at over 30% CAGR from 2016 to 2023


1
Smart fitness wear market size to grow at over
30 CAGR from 2016 to 2023, to hit USD 4.5
billion by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Smart Fitness Wear Market
  • U.S. smart fitness wear market size is expected
    to demonstrate considerable growth from 2016 to
    2023.
  • Asia Pacific is predicted to experience
    significant growth prospects owing to low
    production cost across the region.
  • Europe expected to exhibit moderate growth rates
    owing to presence of leading industry
    participants across the region.

3
Application Analysis of Smart Fitness Wear
Market
  • These products are equipped with sensors and
    Bluetooth compatibility to transmit data
    regarding the wearers stress levels, energy
    output, as well as heart rate.
  • Various companies are now making leggings and
    shorts equipped with resistance panels to a smart
    fabric that help to boost calorie burn during an
    exercise session. The advent of smart shoes and
    in-soles are forecast to propel smart fitness
    wear market size over the next seven years.
  • Increasing use of these products by athletes as
    well as trainers due to enhanced level and
    quality of exercise has driven consumption. They
    help the wearer stay on course during a workout
    regime through haptic alerts.

4
Competitive Market Share of Smart Fitness Wear
Market
  • Industry participants accumulating major smart
    fitness wear market share include Athos,
    Intelligent Clothing, International Fashion
    Machines, Interactive Wear, Schoeller Textiles.
    Other prominent industry players are Textronics,
    Vista Medical Textronics, Gentherm and Sensoria.
  • Escalating adoption of GPS equipped smart sports
    vest is expected to further provide a fillip to
    smart fitness wear market growth from 2016 to
    2023. These wearables collect data such as
    distance and speed. Features including body
    stress measurement also help prevent potential
    injury.

5

Browse Full Market Research Report On Smart
Fitness Wear Market _at_ http//goo.gl/hxDh8m Req
uest for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/395
6
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