Smart Textile Market, By Function (Energy Harvesting, Sensing, Thermoelectricity, Luminescent, and Others), By Application (Fashion and Entertainment, Sports and Fitness, Medical, Transportation, Protection and Military, and Architecture), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI73919 | Publish Date: December 2023 | No. of Pages: 167

Global Smart Textile Market By Overview

Introduction:

Smart textiles are referred as smart clothing, smart garments, smart fabrics in which digital components are inserted. Smart textile consists of various components such as smart devices, fiber optics, nanoelectronics, and thermochromic dyes which are able to embed in conductive threads and yarns. The smart textile is also able to respond to pressure, touch, and detect environmental change. Smart textiles are often broken into two different categories: aesthetic and performance enhancing. Aesthetic examples include fabrics that illuminate and fabrics which will change colour. A number of these fabrics gather energy from the environment by harnessing vibrations, sound, or heat, reacting to those inputs. The color changing and lighting scheme also can work by embedding the material with electronics which will power it. Performance enhancing smart textiles are intended to be used in athletic, extreme sports, and military applications. These include fabrics designed to manage blood heat, reduce wind resistance, and control muscle vibration – all of which can improve athletic performance. Other fabrics are developed for protective clothing, to protect against extreme environmental hazards, like radiation and therefore the effects of spaceflight .The health and wonder industry is additionally taking advantage of those innovations, which range from drug-releasing medical textiles, to fabric with moisturizer, perfume, and anti-aging properties. Many smart clothing, wearable technology, and wearable computing projects involve the utilization of e-textiles. The Global Smart Textile Market accounted for US$ 2.43 billion in 2020 and is estimated to be US$ 24.01 billion by 2030 and is anticipated to register a CAGR of 26.0%.

Global Smart Textile Market By Dynamics

                             

Rising penetration of smartphones

Rising penetration of smartphones and other high technologies across the globe drives the global smart textiles market. In addition, smart textiles are used to communicate information of the wearer such as location, heart rate, blood pressure, and temperature, which boost the target market. For instance, in July 2018, three-party collaboration involving the Agency for Science, Technology and Research (A*Star), KaHa, and Tex Line launched “Smart Shirt” which is able to track heartbeat.

Growing demand for sports and fitness applications

Furthermore, growing demand for sports and fitness applications which in turn is creating demand for smart fabrics as they increase the comfort level for the user and eliminate the use of heavy equipment. Moreover, technological advancements in smart textile is fuels the target market. For instance, on February 7, 2019, Scientists of University of Maryland developed first fabric to automatically cool or insulate depending on conditions. Increasing integration of the Bluetooth Low Energy (BLE) technology which offers features such as low power consumption and multi-vendor interoperability augments the target market. Also, growing adoption of wearable devices among individuals propels the global smart textile market.

Cost efficiency

However, cost efficiency regrading smart textile production would hamper the target market.

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Global Smart Textile Market By Segmentation

                                   

The global smart textile market report segments the market on the basis of function, application, and region.

On the basis of function, the target market is segmented into energy harvesting, sensing, thermoelectricity, luminescent, and others. On the basis of application, the global smart textile market is categorized into fashion and entertainment, sports and fitness, medical, transportation, protection and military, and architecture. The protection and military segment is dominated in the global smart textile market, owing to the integration of these products with electronic products offers a lightweight option against heavy batteries.

Regional Insights:

                                

For detailed understanding of market dynamics, the global smart textile market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global smart textile market. North America is expected to account for major share in terms of revenue in the global smart textile market over the forecast period. This can be attributed to increasing demand for smart textile in the transportation, defense, and healthcare in countries of the region. For instance, in April 2016, the US Department of Defense (DoD) announced partnership with Advanced Functional Fibers of America (AFFOA) Institute to accelerate the development of smart-fabrics. Asia Pacific smart textile market is expected to account for fastest growing rate in terms of revenue in the global smart textile market. This is due to low-cost raw material available in the countries such China and India of the region has transferred it into a manufacturing hub for such technology.

                                   

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Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Function - Energy Harvesting, Sensing, Thermoelectricity, Luminescent, and Others

By Application - Fashion and Entertainment, Sports and Fitness, Medical, Transportation, Protection and Military, and Architecture

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Global Smart Textile Market, By Function:

  • Energy harvesting
  • Sensing
  • Thermoelectricity
  • Luminescent
  • Others

Global Smart Textile Market, By Application:

  • Fashion and entertainment
  • Sports and fitness
  • Medical
  • Transportation
  • Protection and military
  • Architecture

Global Smart Textile Market, By Region:

      • North America
        • North America Smart Textile Market, By Function
        • North America Smart Textile Market, By Application
        • North America Smart Textile Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Smart Textile Market, By Function
        • Europe Smart Textile Market, By Application
        • Europe Smart Textile Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Smart Textile Market, By Function
        • Asia Pacific Smart Textile Market, By Application
        • Asia Pacific Smart Textile Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Smart Textile Market, By Function
        • Latin America Smart Textile Market, By Application
        • Latin America Smart Textile Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Smart Textile Market, By Function
        • Middle East & Africa Smart Textile Market, By Application
        • Middle East & Africa Smart Textile Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Smart Textile Market By Key Players

                                               

Some of the prominent players operating in the global smart textile market include Adidas AG, Ohmatex ApS, Peratech Holdco Limited, Infineon Technologies AG, Jabil Circuit Inc., Fibertronic Ltd, KARL MAYER Textilmaschinenfabrik GmbH, Murjani Group, Tektronix, Inc, and Sensoria Inc. Market players are engaged in the encapsulation of electronics, integration with textile structures, and electronics and industrial design. For instance, on March 5, 2019, KARL MAYER Textilmaschinenfabrik GmbH launched smart technology platform, is new smart technology with the creation of an online platform to help develop innovative new knit applications. Further, in July 2018, Tommy Hilfiger is subsidiary of Murjani Group launched smart clothing that tracks movement of users.

Global Smart Textile Market By Company Profile

        • Adidas AG
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Ohmatex ApS
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Peratech Holdco Limited
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Infineon Technologies AG
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Jabil Circuit Inc
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Fibertronic Ltd
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • KARL MAYER Textilmaschinenfabrik GmbH
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Murjani Group
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Tektronix, Inc
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
        • Sensoria Inc
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance

Global Smart Textile Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Function
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Smart Textile Market, By Function, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Energy Harvesting
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Sensing
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Thermoelectricity
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Luminescent
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Smart Textile Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Fashion and Entertainment 
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Sports and Fitness
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Medical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Transportation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Protection and Military
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Architecture
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Smart Textile Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Function, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Function, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Function, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Function, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Function, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Adidas AG.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ohmatex ApS
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Peratech Holdco Limited.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Infineon Technologies AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Jabil Circuit Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Fibertronic Ltd.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KARL MAYER Textilmaschinenfabrik GmbH.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Murjani Group  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Tektronix  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sensoria Inc.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The global smart textile market report segments the market on the basis of function, application, and region.

Rising penetration of smartphones and other high technologies across the globe drives the global smart textiles market.

North America is expected to account for major market share as compared to that of other regions in the near future.

Some of the prominent players operating in the global smart textile market include Adidas AG, Ohmatex ApS, Peratech Holdco Limited, Infineon Technologies AG, Jabil Circuit Inc., Fibertronic Ltd, KARL MAYER Textilmaschinenfabrik GmbH, Murjani Group, Tektronix, Inc, and Sensoria Inc.