Report Ocean recently released a research report on the Smart Textile Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
According to this new report, the global smart textiles market is estimated to be valued at US$ 13 billion in the year 2028, growing at a CAGR of 19% in the period 2020 to 2028. Growth of the market is driven by a rise in demand for wearables, increasing smartphone penetration, higher demand from end-user industries, and increasing disposable income.
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Smart textiles are the next-generation textile with embedded digital elements. It has the ability to perform varied electronic functions and can sense and react to environmental stimuli such as mechanical, thermal, chemical, biological, and magnetic. Sensing and monitoring functionality of smart fabric has been in use in various applications such as medical, sports & fitness, and military & defence since long.
Advances in nanotechnology have brought about a paradigm shift in smart textiles capabilities. Incorporation of nanotechnology into fabrics enhances its competencies such as fire resistance, electronic capability and monitoring. It is a ground-breaking technology with embedded components such as actuators, controllers, and sensor units, incorporated for proper functioning.
Segments Covered
The report provides revenue forecasts for global, regional and country levels. It also provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. For the purpose of research, the publisher has segmented global smart textiles market report on the basis of product types, functionality, application and geography.
Product Type Outlook
- Active Smart Textiles
- Passive Smart Textiles
- Ultra-Smart Textiles
Function Outlook
- Energy Harvesting
- Sensing
- Thermo Electricity
- Luminescent
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Application Outlook
- Military & Defence
- Healthcare
- Entertainment
- Automotive
- Sports & Fitness
Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Country Outlook
- The US
- The UK
- China
- India
- Brazil
Vendors Outlook
- Textronics, Inc. (Adidas AG)
- Gentherm Incorporated
- Milliken & Company
- Texas Instruments Incorporated
- Google Inc.
- Schoeller Textiles AG
- Sensoria Inc.
Target Audience
- Fabric Manufacturers
- Technology Providers
- End Users
- Research Professionals
- Consultancies
- Regulatory Bodies
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Table of Content
Chapter 1: Global Smart Textile Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Smart Textile market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Smart Textile Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Smart Textile market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Smart Textile market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Smart Textile market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Smart Textile market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Smart Textile business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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