The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“E-Textile Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the E-Textile Market by region.
Global E-Textile Market is valued at approximately USD 0.36 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2022-2029.
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E-Textile also known as smart textile is a type of fabric that contains electronic elements. These textiles enable capabilities for sensing, communication, power transmission, and interconnection technology to enable sensors or objects like information processing devices to be networked together within a fabric. This textile includes conductive yarns that are either spun or twisted and contain a small amount of conductive material. E-textiles are breathable, washable, and can be used under water. The increasing demand for smart garments and growing expansion of fitness and sports sector as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing demand for smart garments is contributing to the growth of the Global E-Textile market. For instance, according to Statista – in 2019, the global market for smart fabric was estimated at USD 2.16 billion, and the market is projected to grow to USD 5.93 billion by 2025. Moreover, e-textiles are also gaining adoption in military applications as smart clothing solutions. Also, growing advancements in textile technology and increasing need for textiles in healthcare sector due to applications such as patient monitoring would create a lucrative growth prospectus for the market over the forecast period. However, data privacy & concerns associated with wearable technologies impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global E-Textile Market study includes include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of global market share owing to the increasing application of e-textile in military applications & raising expansion of healthcare sector in the region. Whereas Asia Pacific is expected to grow significantly with the highest growth rate during the forecast period, owing to factors such as availability of cost-efficient manufacturing and rising military expenditure in the region coupled with growing advancements in healthcare industry in the region.
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Major market player players included in this report are:
- Carre’ Technologies Inc.
- Chronolife.
- E.I. du Pont de Nemours and Company
- INTERACTIVE WEAR AG
- Mitsufuji Corporation
- Myant Health
- Outlast Technologies GmbH
- sanSirro GmbH
- Schoeller Textile AG
- SENSING TEX, S.L.
Recent Developments in the Market:
In September 2020, Smart Textiles and Stanford University based in the United States of America announced collaboration for a smart garment project. Under this project, both the institutions would be working towards feasibility study of a knitted garment that can easily and reliably detect the illness symptoms by developing a prototype.
In February 2022, India based Indian Institute of Technology (IIT) Delhi Monday signed a memorandum of understanding (MoU) with Troop Comforts Limited (TCL), a Government of India enterprise, to develop Smart Protective Clothing for the Indian security forces.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Type
Classic Electronics
Modern Electronics
By Product
Passive
Active
Ultra-Smart
By Application
Defense
Sports & Fitness
Healthcare
Household Textiles
Fashion & Entertainment
Transport
Protection & Military
Architecture
Others
By Functionality
Energy Harvesting
Luminescence & Aesthetics
Thermoelectricity
Others
Sensing
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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