Global Smart Textiles Market Worldwide Industry Analysis, Future Demand and Forecast till 2028

The smart textiles market is anticipated to grow at a CAGR of 29.5% during the forecast period (2022-2028). E-textiles, or smart textiles, are fabrics having conductive threads and electrical components incorporated in them. Smart textiles can feel or detect changes in the environment and respond to mechanical, thermal, and chemical manipulations autonomously. These textiles may also interact with other devices, conduct energy, and change the physical qualities of other materials and textiles to protect the wearer from harmful environmental conditions. Some textile variations are used for design and fashion, while others are meant to aid human function. Due to these advantages, they are widely used in a variety of areas, including the military, healthcare, transportation, entertainment, and sports and fitness. The developing trend of downsizing electronics, as well as the increasing integration of smart textiles with wearable devices, which are expected to accelerate the market growth during the forecast period. Smart fabrics are rapidly being employed in the healthcare and sports industries to detect muscle vibrations, control body temperatures, and give protection from numerous threats.

The global smart textiles market is segmented based on the type, functionality, and end-user. Based on the type, the market is sub-segmented into passive smart textile and active smart textile. Based on the functionality, the market is sub-segmented into sensing, energy harvesting, luminescence and aesthetics, thermoelectricity, and others. Based on the end-user, the market is sub-segmented into military and protection, healthcare, sports and fitness, fashion and entertainment, transportation, architecture, and others. Among these segments, the active smart textiles segment is expected to propel the growth of the market due to the increasing usage and demand for active smart textiles globally.

The major market players in the global smart textiles market are Adidas AG, AiQ Smart Clothing Inc., Clothing+, Dupont De Nemours Inc., Gentherm Inc., Google LLC, Interactive Wear AG, Ohmatex A/S, Schoeller Textil AG, Sensoria Inc., Texas Instruments Inc., Textronics, Vista Medical Ltd., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2021, Nextiles, a textiles startup, announced that it is entering the sports and performance market with smart thread technology that collects biometric and biomechanics data. Nextiles combines traditional sewing processes with printed circuit boards to create flexible fabric with integrated sensors for everyday sportswear. Nextiles’ textiles provide comprehensive biomechanic and biometric sensing on a single platform through their patent-protected manufacturing method.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Functionality
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Adidas AG, AiQ Smart Clothing Inc., Clothing+, Dupont De Nemours Inc., Gentherm Inc., Google LLC, Interactive Wear AG, Ohmatex A/S, Schoeller Textil AG, Sensoria Inc., Texas Instruments Inc., Textronics, Vista Medical Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Smart Textiles Market Report by Segment

By Type

• Passive Smart Textile
• Active Smart Textile

By Functionality

• Sensing
• Energy Harvesting
• Luminescence and Aesthetics
• Thermoelectricity
• Others

By Application

• Military and Protection
• Healthcare
• Sports and Fitness
• Fashion and Entertainment
• Transportation
• Architecture
• Others