Fior Markets launched a study titled “Global Self-Lacing Shoes Market by Type (Rechargeable, Non-Rechargeable), Application (Fitness and Athletics, Physically Challenged, Others), Distribution Channel, Region, Global Industry Analysis, Market Size, Share, Growth, Trends)” and Global Forecast 2018-2025.
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The global self-lacing shoes market is expected to grow from USD xx Million in 2017 to USD xx Million by 2025 at a CAGR of xx% during the forecast period from 2018-2025. Fitness tracking prompted the growth of tech-enabled footwear trend. Also, the rising need for product functionality is also increasing the use of self-tying shoes.
The type segment is classified into rechargeable and non-rechargeable. The rechargeable self-lacing shoes contain batteries attached at the soles of the sneakers that are recharged wirelessly by induction. A three-hour charge gives enough power for a couple of weeks, and lights in the sole and on the back of the shoe indicate the power level, changing from blue through yellow to red when they need recharging
Application segment includes fitness and athletics, physically challenged and other. The sneaker-head on top of trends, athlete or health tracking enthusiast as it acts as a fitness tracking device monitoring and providing precise data that prevents injuries and improves your health. It also helps to provide a complete analysis of the stride, movement sensors detect impact force, fatigue, posture, step size, and more.
Distribution channel segment is divided into segments such as online and offline. Online selling is a method of promoting and selling products and services via internet. On the other hand, offline selling is the type of promotional and sale activity done without the use of internet.
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America held the largest market share in 2017. The North America region is dominating the market due to the adoption of better technology, improved product functionality and advent of fitness activities.
The major players of market include Nike, Digitsole Smartshoe, Powerlace Technology, PUMA and Power Laces, LLC.
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