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Smart Textiles Market Growth 2023-2028, Industry Size, Share, Trends and Forecast

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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 share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the smart textiles?

Report Attributes Details
Market Size in 2022 US$ 3.8 Billion
Market Forecast in 2028 US$ 15.9 Billion
Growth rate (2023 to 2028) CAGR of 24.6%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is smart textiles?

Smart textiles, or e-textiles, represent the fabrics that are embedded with conductive threads and electronic components. They are of two kinds, including passive and active. Smart textiles can sense or detect the environmental changes and automatically respond to the thermal, mechanical, and chemical manipulations. They can also communicate with additional devices, conduct energy, and modify the physical properties of other materials to protect the wearer from environmental hazards. Certain smart textiles are used for design and fashion purposes, while some are used to enable human functioning. As a result, these materials find widespread applications across various sectors, such as healthcare, transportation, military, entertainment, sports and fitness, etc. 

Request for a free sample copy of this report: https://www.imarcgroup.com/smart-textiles-market/requestsample

What are the growth prospects and trends in the smart textiles industry?

The emerging trend of miniaturization of electronics and the increasing integration of these materials with wearable devices are among the primary factors driving the smart textiles market. Besides this, the escalating product demand in the sports and healthcare industries to monitor muscle vibrations, regulate body temperatures, and provide protection from several hazards is further augmenting the market growth. Moreover, various innovations in the electronics sector have facilitated the incorporation of smart textiles with compact electronic components, including sensors, batteries, and control consoles, in wearable devices, which is also catalyzing the global market. Apart from this, the extensive research and development (R&D) activities by the leading players to launch advanced product variants are acting as significant growth-inducing factors. Furthermore, the growing popularity of these materials in the defense sector for health monitoring, wired and wireless communications, superior mobility, sensing of heat and cold stresses, and camouflage is anticipated to propel the smart textiles market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

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 Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  •  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.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/smart-textiles-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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