Report ID: SQMIG45I2183
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Smart Clothing Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Smart Clothing industry players.
The smart clothing market is highly competitive and characterized by the presence of several key players. Leading companies have been using a combination of product launches, expansions, mergers and acquisitions, contracts, agreements, partnerships, and collaborations as their main strategies to grow and expand their market share. A variety of strategies have been used by the companies to strengthen their position and aim to penetrate the market effectively.
For instance, in April 2023, researchers at the University of Waterloo advanced by developing a 'smart fabric'. The fabric has a unique response to both heat and electricity. If the fabric is exposed to heat, the embedded wires contract, leading to a change in fabric shape. Furthermore, the fabric can be controlled using electricity to change its form.
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Report ID: SQMIG45I2183
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