Smart Textiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global smart textiles market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2028, exhibiting a growth rate CAGR of 24.6% during 2023-2028.
Smart textiles, or e-textiles, refer to the fabrics that are embedded with conductive threads and electronic components. There are two kinds of smart textiles, namely passive and active smart textiles. They can sense or detect the environmental changes and automatically respond to the mechanical, thermal and chemical manipulations. These textiles can also communicate with other devices, conduct energy and modify the physical properties of other materials and textiles to protect the wearer from environmental hazards. Certain textile variants are used for design and fashion purposes while some are used to facilitate human functioning. Owing to these benefits, they find extensive applications across various industries, including military, healthcare, transportation, entertainment and sports and fitness.
The emerging trend of miniaturization of electronics, along with the increasing integration of smart textiles with wearable devices, is one of the key factors driving the growth of the market. In the healthcare and sports sectors, smart textiles are increasingly being used to monitor muscle vibrations, regulate body temperatures and provide protection from various hazards. Furthermore, several innovations in the electronics sector have facilitated the integration of smart textiles with compact electronic components, such as sensors, batteries and control consoles, in wearable and electronic devices. Additionally, increasing product adoption in the defense sector is acting as another growth-inducing factor. For instance, smart textiles are combined with defense equipment for health monitoring, wired and wireless communications, superior mobility, sensing of heat and cold stresses and camouflage. This, along with technological advancements and extensive research and development (R&D) activities, is projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart textiles market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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 Region:
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
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being 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.
Key Questions Answered in This Report
1. What was the size of the global smart textiles market in 2022?
2. What is the expected growth rate of the global smart textiles market during 2023-2028?
3. What are the key factors driving the global smart textiles market?
4. What has been the impact of COVID-19 on the global smart textiles market?
5. What is the breakup of the global smart textiles market based on the type?
6. What is the breakup of the global smart textiles market based on the functionality?
7. What is the breakup of the global smart textiles market based on the end-use sector?
8. What are the key regions in the global smart textiles market?
9. Who are the key players/companies in the global smart textiles market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Smart Textiles Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Type
- 6.1 Passive
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Active
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Functionality
- 7.1 Sensing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Energy Harvesting
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Luminescence and Aesthetics
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Thermoelectricity
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 8 Market Breakup by End-Use Sector
- 8.1 Military and Protection
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Healthcare
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Sports and Fitness
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Fashion and Entertainment
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Transportation
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Architecture
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
- 9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Indicators
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Adidas AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 AiQ Smart Clothing Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Clothing+
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Dupont De Nemours Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Gentherm Incorporated
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Google LLC
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 SWOT Analysis
- 14.3.7 Interactive Wear AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Ohmatex A/S
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Schoeller Textil AG
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Sensoria Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Texas Instruments Incorporated
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Textronics
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Vista Medical Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
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