The Smart Textiles Market

Smart textiles are fabrics which are manufactured to incorporate technologies that offer the wearer with increased functionality. It senses and responds to stimuli or environmental conditions, such as those from mechanical, thermal, chemical, magnetic, and other sources. The global demand for several smart textile products has increased continuously owing to their rising base of applications in end user industries. Majority of the demand for smart textile rises from end use industries such as military and defense and healthcare. The increase in the penetration of advanced technology, smart devices and smartphones and the increasing use of bluetooth low energy (BLE) technology in the new laptops and smartphones acts as the significant factors for propelling the smart textiles market. The huge consumption of smart textiles to communicate information of the wearer are physiological parameters including location, blood pressure, heart rate and temperature which is further used in the health and sports sectors which propel the smart textiles market growth. The initiatives by manufacturers to minimize form factors in order to enable integration which makes sensors suitable for fabric ensuring optimum comfort and wearability and the adoption of miniaturized electronics also enhance the smart textiles market growth. The surge in use of product by late-stage dementia patients because it helps them in revitalizing their sense of self, rising wireless technology and exceptional usage of internet worldwide fuels the smart textiles market growth. In addition, the surge in demand from the sports and fitness sectors, increasing awareness about the healthy lifestyle and growing fashion and entertainment industries across the world positively impact the smart textiles market. In addition to this, the advent of hybrid application and multi-featured mobile devices, advancement in technologies and increase in applications of product in the wearables create profitable opportunities to the smart textiles market players. However, the dearth of rules and regulations will hamper the market growth.

Furthermore, the advances in nanotechnology are projected to fuel the overall smart textile market. Including nanotechnology into fabrics assist to change or improve the properties such as fire resistance, electronic capability and monitoring. This textile has various applications in the health and military sectors. For instance, lightweight uniforms which can detect the blood flow in the body, lightweight battle suits, uniforms which can turn the color to match the surrounding, etc. Western European countries, the US, and Japan are highly spending in the R&D of nanomaterial-based smart textile.

The global Smart Textiles Market is segregated on the basis of Type as Passive smart textile and Active/ultra-smart textiles. Based on Function the global Smart Textiles Market is segmented in Sensing, Energy Harvesting and Thermo Electricity, Luminescence & Aesthetics and Others. Based on Vertical the global Smart Textiles Market is segmented in Military & Protection, Healthcare, Sports & Fitness, Fashion & Entertainment, Automotive and Others.

The global Smart Textiles Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Smart Textiles Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Adidas AG, AiQ Smart Clothing Inc., Clothing+, Dupont De Nemours Inc., Gentherm Incorporated and others are among the major players in the global Smart Textiles Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In February 2021, DuPont has acquired Tex Tech’s Core Matrix Technology, a monolithic fabric structure which can exceptionally minimize backface trauma, while rising ballistic and fragmentation performance for military and law enforcement personnel. This acquisition will include to the company’s already strong portfolio of life protection solutions, allowing the most flexible, lightweight ballistic solutions to match new standards of National Institute of Justice (NIJ) for improved durability. In addition to improved protection, the new technology also improves the comfort of wearing bullet-resistant body armor.
• In January 2019, Interactive Wear joined the project of I-compression where it is working with research and industrial partners to develop and display a sensor-driven TENS-application (Transcutaneous Electrical Nerve Stimulation) to assist people suffering from incurable venous insufficiency. The main objective of the project is to develop a compression stocking with an integrated actuator and motion sensor technology.

  The global Smart Textiles Market has been segmented as below:

Smart Textiles Market, By Type

• Passive smart textile
• Active/ultra-smart textiles

Smart Textiles Market, By Function

• Sensing
• Energy Harvesting and Thermo Electricity
• Luminescence & Aesthetics
• Others

Smart Textiles Market, By Vertical

• Military & Protection
• Healthcare
• Sports & Fitness
• Fashion & Entertainment
• Automotive
• Others

Smart Textiles Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Smart Textiles Market, By Company

• 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.
• Dow Chemical
• Imprint Energy
• Philips Healthcare
• Imprint Energy

The report covers the below scope:

• Global Smart Textiles Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Smart Textiles Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Textiles Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Smart Textiles Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Textiles Market share. Major industry players with significant revenue share include Adidas AG, AiQ Smart Clothing Inc., Clothing+, Dupont De Nemours Inc., Gentherm Incorporated and others.

Why to Buy this Report:

• Gain detailed insights on the Smart Textiles industry trends
• Find complete analysis on the market status
• Identify the Smart Textiles Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders

 

Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Smart Textiles Market, By Type

5.1.      Key Points

5.2.  Passive smart textile

5.3.  Active/ultra-smart textiles

6.    Smart Textiles Market, By Function

6.1.      Key Points

6.2. Sensing

6.3. Energy Harvesting and Thermo Electricity

6.4. Luminescence & Aesthetics

6.5.  Others

7.     Smart Textiles Market, By Vertical

7.1.      Key Points

7.2.  Military & Protection

7.3.  Healthcare

7.4.  Sports & Fitness

7.5.  Fashion & Entertainment

7.6.  Automotive

7.7.  Others

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- Smart Textiles Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  Adidas AG

9.2. AiQ Smart Clothing Inc.

9.3. Clothing+

9.4. Dupont De Nemours Inc.

9.5.  Gentherm Incorporated

9.6. Google LLC

9.7.  Interactive Wear AG

9.8. Ohmatex A/S

9.9. Schoeller Textil AG

9.10.    Sensoria Inc.

9.11.      Texas Instruments Incorporated

9.12.    Textronics

9.13.     Vista Medical Ltd.

9.14.    Dow Chemical

9.15.     Imprint Energy

9.16.    Philips Healthcare

9.17.     Imprint Energy