Self-lacing Shoes Market in the US 2018-2022

Overview of the self-lacing shoes market in the US

Vendors in the market are steadily innovating and offering products that provide numerous benefits. These shoes aid in assisting and monitoring the aged and terminally ill patients. Patients suffering from weak bone densities benefit extensively from wearing such medical self-lacing shoes. Technavio’s market study identifies the growing medical applications to be one of the primary factors for the self-lacing shoes market growth in the US. A key vendor in the self-tying shoes market offers smart shoes that provides health alerts to the users and aids the aged by monitoring the joints of the osteoarthritis patients. Several vendors are offering self-laced shoes designed to assist and provide comfort to the aged and ill patients. The market analysts estimate that the self-lacing shoes market in the US will grow steadily at a CAGR of greater than 23% by 2022.

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According to the self-lacing shoes market forecast, the emergence of app-integrated self-lacing shoes will drive the growth of the self-lacing shoes market. Athletes in the US are extensively demanding for GPS-enabled and app-integrated self-lacing shoes. Shoes integrated with apps offer advanced monitoring features, that drive the demand for such shoes. For instance, Nike offers a self-lacing shoe that is integrated with multiple app, that provide continuous and customized guidance and support.

Companies covered

The self-lacing shoes market in the US is characterized by numerous vendors. This market report studies the competitiveness of the key players in the self-tying shoes market that compete by offering innovative products and implementing various business strategies. Technavio’s analysts also identify the key areas of focus and interest of the smart sneakers manufacturers to sustain profitably in the self-lacing shoes market in the US.

This research report provides an analysis of various companies in the market including

• DIGITSOLE
• Nike
• POWERLACE TECHNOLOGY
• PUMA
• SYNCLAIRE BRANDS (ZeroTie)

Segmentation by application and analysis of the self-lacing shoes market in the US

• Fitness and athletics
• Physically challenged

The self-tying shoes market research report states that based on application, the fitness and athletics segment will account for major shares of the self-tying shoes market throughout the forecast period. The growing need for product functionality and advent of fitness activities will drive the adoption of self-lacing shoes for this application segment in the US.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the self-lacing shoes market in the US?
• What are the key market trends impacting the growth of the self-lacing shoes market in the US?
• What are the challenges to market growth?
• Who are the key vendors in the self-lacing shoes market in the US?
• What are the market opportunities and threats faced by the vendors in the self-lacing shoes market in the US?
• Trending factors influencing the market shares of the US.
• What are the key outcomes of the five forces analysis of the self-lacing shoes market in the US?

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