Global Smart Textiles Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Smart Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global smart textiles market report, size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The smart textiles market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.90 Billion by 2028, exhibiting a growth rate (CAGR) of 24.60% during 2023-2028.
Smart textiles, also known as e-textiles or electronic textiles, represent a cutting-edge innovation in the realm of textiles and technology. These textiles are designed to incorporate electronic components and connectivity seamlessly into the fabric itself. Unlike traditional textiles, smart textiles are embedded with sensors, conductive materials, and even microcontrollers, enabling them to interact with their environment or the wearer. The applications of smart textiles are diverse and rapidly expanding. They are used in the fashion industry for creating garments that can change color or adapt to temperature changes.
Global Smart Textiles Market Trends and Drivers:
The growing interest in wearable devices like smartwatches and fitness trackers has boosted the demand for smart textiles. These textiles are essential for creating comfortable and functional wearables, driving their adoption among consumers. Additionally, smart textiles are playing a crucial role in healthcare, particularly in remote patient monitoring and the management of chronic diseases. The aging population and the need for continuous health monitoring have spurred the use of smart textiles in medical garments and accessories. Other than this, smart textiles are being integrated into fashion and apparel, adding a new dimension to clothing. From color-changing fabrics to garments that can regulate temperature, these innovations are attracting consumers seeking both style and functionality. Besides this, the military and defense sector is embracing smart textiles for their use in soldier uniforms, providing advanced features like communication capabilities, GPS tracking, and biometric monitoring to enhance situational awareness and safety. In line with this, automotive manufacturers are incorporating smart textiles into vehicle interiors. These textiles can monitor driver health, adjust seat comfort, and provide advanced airbag deployment systems, contributing to enhanced safety and comfort.
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Global Smart Textiles Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Adidas AG, AiQ Smart Clothing Inc., Clothing+, Dupont De Nemours Inc., Gentherm Incorporated, Google LLC, Interactive Wear AG, Ohmatex A/S, Schoeller Textil AG, Sensoria Inc., Texas Instruments Incorporated, Textronics, Vista Medical Ltd., etc.
The report segmented the market on the basis of region, type, functionality and end-use sector.
Breakup by Type:
- Passive Smart Textile
- Active Smart Textile
Breakup by Functionality:
- Sensing
- Energy Harvesting
- Luminescence and Aesthetics
- Thermoelectricity
- Others
Breakup by End-Use Sector:
- Military and Protection
- Healthcare
- Sports and Fitness
- Fashion and Entertainment
- Transportation
- Architecture
- Others
Breakup By Regions:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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