The latest update of “Global Smart Textiles Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Smart Textiles Market.
Overview of the Smart Textiles Market:
Electronic and smart textiles are fabrics with embedded digital and new technologies. These materials can be light, sound, and heat. As they become increasingly prevalent, these new fabrics will offer added value to their wearers. There are many ways these materials can be incorporated into clothing. Here are some examples: lights, electronics, and light-emitting diodes. In some cases, electronic textiles are integrated with sensors. Other types of electronic and smart textiles are woven with sensors, light, and sound. There are several challenges to developing smart textiles. For example, the materials required to incorporate the information processing element must be waterproof. Aside from this, the components of such devices are typically not flexible or small enough to be woven into garments. In addition to being waterproof, the information-processing elements must also be integrated with a data-processing element.
The global smart textiles market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.
Drivers:
The increasing expansion of the textile industry in the world is expected to fuel the growth of the global smart textiles market over the forecast period. For instance, according to Textile Infomedia, the global cloth apparel industry was valued at around US$ 3000 billion. An advantage of smart textiles is their versatility. They can be used to make computers and sensors flexible and light. They can also be used in high-performance sports equipment and protective clothing. Because they are flexible, smart textiles can be made to be fashionable. Moreover, they are comfortable to wear and can even be used in the healthcare and athletic industries. However, there are some drawbacks to these technologies. For one, they aren't very practical for everyday use. The second disadvantage of smart textiles is that they are difficult to conceal. Increasing market strategies by key market players are estimated to drive the growth of the global smart textiles market.
Restraints:
Less awareness related to smart textiles is expected to hinder the growth of the global smart textiles market.
Regional Insights:
In regions, North America is expected to hold a major share of the global smart textiles market, owing to the increasing prevalence of textile industries in the region. For instance, according to the Textile Society of America, there are 13,299 textile mills in the U.S. currently. Moreover, Asia Pacific is expected to witness significant growth in the global smart textiles market owing to the increasing investment in the textile sector in the region, especially in developing nations.
Competitive Section:
Key players operating in the global smart textiles market include Hexoskin, Adidas, Outlast Technologies, Interactive Wear, Gentherm, Sensoria, AIQ Smart Clothing, Jabil, Alphabet, and DuPont.
In July 2021, Laird Performance Materials was acquired by DuPont, for offering thermal management solutions and high-performance electromagnetic shielding.
In January 2019, Interactive Wear joined the i-compression project.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Smart Textiles Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Smart Textiles Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Resil Chemicals
- Pluss
- Mahle
- SRF
- Reliance Industries
- SteriliteOpticalTechnologies
- Aditya Birla
- Century Enka
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Smart Textiles Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- First Generation Product
- Second Generation Product
- Third Generation Product
By Applications, the market is segmented into:
- Fashion Entertainment
- physical Fitness
- Medical
- Transportation
- Military
- Construction
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Smart Textiles Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Smart Textiles Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Smart Textiles Market
1.6.1 How the Covid-19 is Affecting the Smart Textiles Market
1.6.1.1 Smart Textiles Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Smart Textiles Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Smart Textiles Market Perspective (2015-2027)
2.2 Smart Textiles Market Growth Trends by Regions
2.2.1 Smart Textiles Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Smart Textiles Market Historic Market Share by Regions (2015-2021)
2.2.3 Smart Textiles Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Smart Textiles Market Growth Strategy
2.3.6 Primary Interviews with Key Smart Textiles Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Smart Textiles Market Players by Market Size
3.1.1 Global Top Smart Textiles Market Players by Revenue (2015-2021)
3.1.2 Global Smart Textiles Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Smart Textiles Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Smart Textiles Market Concentration Ratio
3.2.1 Global Smart Textiles Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Smart Textiles Market Revenue in 2019
3.3 Smart Textiles Market Key Players Head office and Area Served
3.4 Key Players Smart Textiles Market Product Solution and Service
3.5 Date of entering into Smart Textiles Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Smart Textiles Market Historic Market Size by Type (2015-2021)
4.2 Global Smart Textiles Market Forecasted Market Size by Type (2021-2027)
5 Smart Textiles Market Breakdown Data by Application (2015-2027)
5.1 Global Smart Textiles Market Size by Application (2015-2021)
5.2 Global Smart Textiles Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Smart Textiles Market Size (2015-2021)
6.2 Smart Textiles Market Key Players in North America (2019-2021)
6.3 North America Smart Textiles Market Size by Type (2015-2021)
6.4 North America Smart Textiles Market Size by Application (2015-2021)
7 Europe
7.1 Europe Smart Textiles Market Size (2015-2021)
7.2 Smart Textiles Market Key Players in Europe (2019-2021)
7.3 Europe Smart Textiles Market Size by Type (2015-2021)
7.4 Europe Smart Textiles Market Size by Application (2015-2021)
8 China
8.1 China Smart Textiles Market Size (2015-2021)
8.2 Smart Textiles Market Key Players in China (2019-2021)
8.3 China Smart Textiles Market Size by Type (2015-2021)
8.4 China Smart Textiles Market Size by Application (2015-2021)
9 Japan
9.1 Japan Smart Textiles Market Size (2015-2021)
9.2 Smart Textiles Market Key Players in Japan (2019-2021)
9.3 Japan Smart Textiles Market Size by Type (2015-2021)
9.4 Japan Smart Textiles Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Smart Textiles Market Size (2015-2021)
10.2 Smart Textiles Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Smart Textiles Market Size by Type (2015-2021)
10.4 Southeast Asia Smart Textiles Market Size by Application (2015-2021)
11 India
11.1 India Smart Textiles Market Size (2015-2021)
11.2 Smart Textiles Market Key Players in India (2019-2021)
11.3 India Smart Textiles Market Size by Type (2015-2021)
11.4 India Smart Textiles Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Smart Textiles Market Size (2015-2021)
12.2 Smart Textiles Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Smart Textiles Market Size by Type (2015-2021)
12.4 Central & South America Smart Textiles Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Smart Textiles Market Introduction
13.4 Smart Textiles Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Smart Textiles Market Key Market Segments
Table 2. Key Players Covered: Ranking by Smart Textiles Market Revenue
Table 3. Ranking of Global Top Smart Textiles Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Smart Textiles Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Smart Textiles Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Smart Textiles Market Players to Combat Covid-19 Impact
Table 10. Global Smart Textiles Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Smart Textiles Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Smart Textiles Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Smart Textiles Market Share by Regions (2015-2021)
Table 14. Global Smart Textiles Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Smart Textiles Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Smart Textiles Market Growth Strategy
Table 20. Main Points Interviewed from Key Smart Textiles Market Players
Table 21. Global Smart Textiles Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Smart Textiles Market Share by Players (2015-2021)
Table 23. Global Top Smart Textiles Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Smart Textiles Market as of 2019)
Table 24. Global Smart Textiles Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Smart Textiles Market Product Solution and Service
Table 27. Date of entering into Smart Textiles Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 30. Global Smart Textiles Market Size Share by Type (2015-2021)
Table 31. Global Smart Textiles Market Revenue Market Share by Type (2021-2027)
Table 31. Global Smart Textiles Market Size Share by Application (2015-2021)
Table 33. Global Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 34. Global Smart Textiles Market Size Share by Application (2021-2027)
Table 35. North America Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Smart Textiles Market Share (2019-2021)
Table 37. North America Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 38. North America Smart Textiles Market Share by Type (2015-2021)
Table 39. North America Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 40. North America Smart Textiles Market Share by Application (2015-2021)
Table 41. Europe Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Smart Textiles Market Share (2019-2021)
Table 43. Europe Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Smart Textiles Market Share by Type (2015-2021)
Table 45. Europe Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Smart Textiles Market Share by Application (2015-2021)
Table 47. China Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Smart Textiles Market Share (2019-2021)
Table 49. China Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 50. China Smart Textiles Market Share by Type (2015-2021)
Table 51. China Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 52. China Smart Textiles Market Share by Application (2015-2021)
Table 53. Japan Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Smart Textiles Market Share (2019-2021)
Table 55. Japan Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Smart Textiles Market Share by Type (2015-2021)
Table 57. Japan Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Smart Textiles Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Smart Textiles Market Share (2019-2021)
Table 61. Southeast Asia Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Smart Textiles Market Share by Type (2015-2021)
Table 63. Southeast Asia Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Smart Textiles Market Share by Application (2015-2021)
Table 65. India Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Smart Textiles Market Share (2019-2021)
Table 67. India Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 68. India Smart Textiles Market Share by Type (2015-2021)
Table 69. India Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 70. India Smart Textiles Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Smart Textiles Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Smart Textiles Market Share (2019-2021)
Table 73. Central & South America Smart Textiles Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Smart Textiles Market Share by Type (2015-2021)
Table 75. Central & South America Smart Textiles Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Smart Textiles Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Smart Textiles Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Smart Textiles Market Share by Type: 2021 VS 2027
Figure 2. Global Smart Textiles Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Smart Textiles Market Report Years Considered
Figure 8. Global Smart Textiles Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Smart Textiles Market Share by Regions: 2021 VS 2027
Figure 10. Global Smart Textiles Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Smart Textiles Market Share by Players in 2019
Figure 13. Global Top Smart Textiles Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Smart Textiles Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Smart Textiles Market Revenue in 2019
Figure 15. North America Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Smart Textiles Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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