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 - Trends, Analysis and Forecast till 2030

Smart Textile Market accounted for USD 2.43 Billion in 2020 and is estimated to be USD 24.01 Billion by 2030 and is anticipated to register a CAGR of 26.0%.

Smart textiles are referred as smart clothing, smart garments, and 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 that will change color. A number of these fabrics gather energy from the environment by harnessing vibrations, sound, or heat, and reacting to those inputs.

The color changing and lighting scheme can also 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 moisturizers, perfumes, and anti-aging properties. Many smart clothing, wearable technology, and wearable computing projects involve the utilization of e-textiles.

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 smart textile market.

Cost efficiency

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

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 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 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 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 smart textile market. North America is expected to account for major share in terms of revenue in the 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 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.

Smart Textile Market, By Function:

• Energy harvesting
• Sensing
• Thermoelectricity
• Luminescent
• Others

Smart Textile Market, By Application:

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

Smart Textile Market, By Region:

• North 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
  • 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
  • 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
  • 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
  • North America Smart Textile Market, By Function
  • North America Smart Textile Market, By Application
  • North America Smart Textile Market, By Country
    • U.S.
    • Canada

Some of the prominent players operating in the 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.

• Adidas AG
• Ohmatex ApS
• Peratech Holdco Limited
• Infineon Technologies AG
• Jabil Circuit Inc
• Fibertronic Ltd
• KARL MAYER Textilmaschinenfabrik GmbH
• Murjani Group
• Tektronix, Inc
• Sensoria Inc