Global Smart Textiles Market Overview
The Global Smart Textiles market was valued at USD 3.30 billion in 2023 and is expected to reach USD 20.50 billion by the year 2032, Growing at a CAGR of 22.5% From 2024-2032.
Textiles are referred to as any item that is being developed by fibers or threads into fabric. It is mainly manufactured from natural fibers, animal or vegetable origin. With time and technological developments, textiles have developed from being a simple piece of cloth or fabric to something that can be functional, beautiful, and responsive all at the same time. These very performing impart these textiles the names such as Smart Textiles, e-textiles (electronic textiles), intelligent textiles, or Functional Fabrics. Additionally, smart textiles use heat, electrical, chemical, magnetic, or other detection systems to sense electrical, magnetic, thermal, mechanical, temperature, or chemical changes in the environment. Moreover, smart textiles are anticipated to highly benefit from the gaining popularity and incorporation of electronic wearables.
Smart textiles provide healthcare professionals with the technology to interconnect with patients. Wireless health monitoring functions are also implanted into fabrics that assist monitor functions of vital organs such as the heart, skin, and lungs through continuous tracking of body temperature, breathing, heart rate, and other physiological parameters. Comparable to other consumer industries, the global textile industry constitutes one of the poor-influenced industries owing to the pandemic. Moreover, textiles and clothing being labor-intensive will feel additional pressure to follow strict norms that make sure worker safety and also a rich quality of products. A return to growth will therefore be led by the move towards automated machines, constancy to attentive export quality norms; target on production efficiency as well as energy efficiency, and constitutional ability to build quality during production. The widespread availability of effective vaccines however has the potential to stimulate the recovery period. Amidst the COVID-19 crisis, the global market for Smart Textiles projected at US$1.8 Billion in the year 2020, is estimated to gain a revised size of US$5.9 Billion by 2026, during the forecasting period.
Market Dynamics And Factors For The Smart Textiles Market
Drivers:
The key driving factors for the smart textile market are the increased requirements for smartwatches and wristbands, the rise in the growth rate of low-cost smart wireless sensor networks, the growing demand for enlightened gadgets with developed functions, and the miniaturization of electronic components. Moreover, the demand for sports and fitness utilizations is anticipated to see growth, which will further turn the demand for smart fabrics as they raise the comfort level for the user and remove the application of heavy equipment. The development of the latest technologies including artificial intelligence (AI) and the Internet of Things (IoT) has reshaped the textile industry. The latest smart garments are being produced integrated with AI, Bluetooth Low Energy (BLE), edge computing, and cloud data, which can monitor and communicate the wearer's information, including heart rate, perspiration, calorie count, temperature, blood pressure. AI can approach and collect historical and real-time operational data and offers insights, which can improve the wearer's efficiency.
Furthermore, medical applications, which recorded a significant growth rate and are expected to grow faster than the global average, will further improve the smart textile market. Smart fabrics can analyze physiological parameters such as temperature, heart rate, and blood pressure. The problems concerning power supply are expected to turn the requirements for energy harvesting.
Restraints:
The major hampering factors for the growth of the smart textiles market are the steady rate of adoption and the poor extensive standards and regulations. Similarity issues and the high cost of production of these textiles are also some of the factors influencing the growth of the smart textiles market. Smart textiles are highly complex and need high-end materials. There are many key operations of the textile industry are printing, neutralizing, bleaching, dyeing, scouring, mercerizing, de-sizing, and finishing. These operations lead to the discharge of high-level toxic emissions that contaminate soil, as well as groundwater, cause air, and surface water pollution. Therefore, the perfect cost-price balance has been difficult to acquire.
Opportunities:
The developments in nanotechnology are anticipated to improve the overall smart textile market. Incorporating nanotechnology into fabrics assist to change or improve the properties such as fire resistance, monitoring, and electronic capability. This textile has many utilizations in the health and military sectors. For instance, lightweight uniforms that can discover the lightweight battle suits, blood flow in the body, uniforms that can change the color to match the surrounding, and others. Western European countries, the US, and Japan are funding the R&D of nanomaterial-based smart textiles.
Market Segmentation
Segmentation Analysis of Smart Textiles Market:
Based on Type, the active/ultra-smart textiles segment has the maximum market share over the forecast period. Active/ultra-smart textiles are implemented with electronic components such as sensors and actuators, which can sense and react to stimuli. They are utilized to make outfits used by defense personnel, sportspersons, firefighting teams, and other professionals. The application of textile-based products can be more comfortable when the textile can react to the environment.
Based on Function, the sensing segment is anticipated to hold maximum market share owing to smart textiles finding applications in the military, medical, sports, and aerospace sectors, where sensing and monitoring are already utilized and would only be made more efficient if integrated with textiles.
Based on Application, the military and defense segments are anticipated to hold a significant market size of the smart textiles market over the forecast period. Smart textiles for military applications provide various features such as advanced insulation properties and ballistics protection, as well as are made from waterproof fabric, while some are capable of health monitoring and equipped with GPS, sensors, and motion trackers.
Regional Analysis of Smart Textiles Market:
North America is the leading region in the worldwide smart textiles market and this is projected to persist shortly. Smart fabrics are in high demand in multiple industries within the United States. Industries such as healthcare, military and defense, sports and fitness, and automotive all heavily rely on these ground-breaking textiles. The region experiences market growth due to the increased demand.
Leading smart textile manufacturers have a strong presence in North America. DuPont, Gentherm, Sensoria, Alphabet, and Jabil, all based in the US, are important players in advancing smart textile technology. Their presence and dedication to research and development play a major role in North America's dominance in the market. The smart textiles market thrives in North America due to the high demand and presence of innovative manufacturers. However, it is important to highlight that areas like Asia-Pacific are showing promising growth prospects, and the global smart textiles market is expected to experience increased competition ahead.
Players Covered in Smart Textiles Market are:
- Adidas AG (Germany)
- DuPont de Nemours Inc.(US)
- Alphabet (US)
- International Fashion Machines Inc.(U.S.)
- Jabil (US)
- Texas Instruments Incorporated. (US)
- Sensoria Inc. (U.S.)
- Intelligent Clothing Ltd. (U.K.)
- Schoeller Textiles AG (Switzerland)
- Interactive Wear AG (Germany)
- Ohmatex A/S (Denmark)
- Textronics
- Design Systems (I) Pvt. Ltd. (U.S.)
- Google Inc. (U.S.)
- Vista Medical Ltd. (Canada)
- Gentherm Incorporated (U.S.)
- AIQ Smart Clothing (Taiwan)
- Outlast Technologies (US)
- Hexoskin (Canada) and other Major Players.
Key Industry Developments In Smart Textiles Market
- In April 2024, NC State researchers unveiled a groundbreaking fabric-based touch sensor, merging 3D embroidery with machine learning. Powered by friction, the triboelectric device integrates seamlessly into clothing, offering touch control for electronic devices. Machine learning algorithms enhance gesture recognition, boosting accuracy for intuitive interaction. This innovation signals promising strides in wearable electronics, hinting at a future where our garments seamlessly interface with technology.
- In March 2024, London-based outerwear brand Vollebak launched the Firefly Jacket, featuring color-shifting membranes for day-to-night adaptability. Infused with phosphorescent and fluorescent compounds, the jacket changes hues from copper to glow-in-the-dark green. Fully seam-sealed with waterproof zips and velcro cuffs, it's designed for any condition. Complete with storm-flap-protected pockets, it's now available on Vollebak's official website.
Global Smart Textiles Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 3.30 Bn. |
Forecast Period 2024-32 CAGR: |
22.5% |
Market Size in 2032: |
USD 20.50 Bn. |
Segments Covered: |
By Type |
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By Function |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Type
ā3.2 By Function
ā3.3 By Application
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Smart Textiles Market by Type
ā5.1 Smart Textiles Market Overview Snapshot and Growth Engine
ā5.2 Smart Textiles Market Overview
ā5.3 Passive
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2017-2032F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Passive: Grographic Segmentation
ā5.4 Active/Ultra-Smart
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2017-2032F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Active/Ultra-Smart: Grographic Segmentation
Chapter 6: Smart Textiles Market by Function
ā6.1 Smart Textiles Market Overview Snapshot and Growth Engine
ā6.2 Smart Textiles Market Overview
ā6.3 Sensing
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2017-2032F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Sensing: Grographic Segmentation
ā6.4 Energy Harvesting
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2016-2028F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Energy Harvesting: Grographic Segmentation
ā6.5 Thermoelectricity
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2017-2032F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Thermoelectricity: Grographic Segmentation
ā6.6 Luminescent
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2017-2032F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Luminescent: Grographic Segmentation
ā6.7 Other
āā6.7.1 Introduction and Market Overview
āā6.7.2 Historic and Forecasted Market Size (2017-2032F)
āā6.7.3 Key Market Trends, Growth Factors and Opportunities
āā6.7.4 Other: Grographic Segmentation
Chapter 7: Smart Textiles Market by Application
ā7.1 Smart Textiles Market Overview Snapshot and Growth Engine
ā7.2 Smart Textiles Market Overview
ā7.3 Military & Defense
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2017-2032F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Military & Defense: Grographic Segmentation
ā7.4 Healthcare
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2017-2032F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 Healthcare: Grographic Segmentation
ā7.5 Entertainment
āā7.5.1 Introduction and Market Overview
āā7.5.2 Historic and Forecasted Market Size (2017-2032F)
āā7.5.3 Key Market Trends, Growth Factors and Opportunities
āā7.5.4 Entertainment: Grographic Segmentation
ā7.6 Automotive
āā7.6.1 Introduction and Market Overview
āā7.6.2 Historic and Forecasted Market Size (2017-2032F)
āā7.6.3 Key Market Trends, Growth Factors and Opportunities
āā7.6.4 Automotive: Grographic Segmentation
ā7.7 Sports & Fitness
āā7.7.1 Introduction and Market Overview
āā7.7.2 Historic and Forecasted Market Size (2017-2032F)
āā7.7.3 Key Market Trends, Growth Factors and Opportunities
āā7.7.4 Sports & Fitness: Grographic Segmentation
ā7.8 Other
āā7.8.1 Introduction and Market Overview
āā7.8.2 Historic and Forecasted Market Size (2017-2032F)
āā7.8.3 Key Market Trends, Growth Factors and Opportunities
āā7.8.4 Other: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
ā8.1 Competitive Landscape
āā8.1.1 Competitive Positioning
āā8.1.2 Smart Textiles Sales and Market Share By Players
āā8.1.3 Industry BCG Matrix
āā8.1.4 Ansoff Matrix
āā8.1.5 Smart Textiles Industry Concentration Ratio (CR5 and HHI)
āā8.1.6 Top 5 Smart Textiles Players Market Share
āā8.1.7 Mergers and Acquisitions
āā8.1.8 Business Strategies By Top Players
ā8.2 ADIDAS AG
āā8.2.1 Company Overview
āā8.2.2 Key Executives
āā8.2.3 Company Snapshot
āā8.2.4 Operating Business Segments
āā8.2.5 Product Portfolio
āā8.2.6 Business Performance
āā8.2.7 Key Strategic Moves and Recent Developments
āā8.2.8 SWOT Analysis
ā8.3 DUPONT DE NEMOURS INC.
ā8.4 ALPHABET
ā8.5 INTERNATIONAL FASHION MACHINES INC.
ā8.6 JABIL
ā8.7 TEXAS INSTRUMENTS INCORPORATED.
ā8.8 SENSORIA INC.
ā8.9 INTELLIGENT CLOTHING LTD.
ā8.10 SCHOELLER TEXTILES AG
ā8.11 INTERACTIVE WEAR AG
ā8.12 OHMATEX A/S
ā8.13 TEXTRONICS
ā8.14 DESIGN SYSTEMS (I) PVT. LTD.
ā8.15 GOOGLE INC.
ā8.16 VISTA MEDICAL LTD.
ā8.17 GENTHERM INCORPORATED
ā8.18 AIQ SMART CLOTHING
ā8.19 OUTLAST TECHNOLOGIES
ā8.20 HEXOSKIN
ā8.21 OTHER MAJOR PLAYERS
Chapter 9: Global Smart Textiles Market Analysis, Insights and Forecast, 2017-2032
ā9.1 Market Overview
ā9.2 Historic and Forecasted Market Size By Type
āā9.2.1 Passive
āā9.2.2 Active/Ultra-Smart
ā9.3 Historic and Forecasted Market Size By Function
āā9.3.1 Sensing
āā9.3.2 Energy Harvesting
āā9.3.3 Thermoelectricity
āā9.3.4 Luminescent
āā9.3.5 Other
ā9.4 Historic and Forecasted Market Size By Application
āā9.4.1 Military & Defense
āā9.4.2 Healthcare
āā9.4.3 Entertainment
āā9.4.4 Automotive
āā9.4.5 Sports & Fitness
āā9.4.6 Other
Chapter 10: North America Smart Textiles Market Analysis, Insights and Forecast, 2017-2032
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Type
āā10.4.1 Passive
āā10.4.2 Active/Ultra-Smart
ā10.5 Historic and Forecasted Market Size By Function
āā10.5.1 Sensing
āā10.5.2 Energy Harvesting
āā10.5.3 Thermoelectricity
āā10.5.4 Luminescent
āā10.5.5 Other
ā10.6 Historic and Forecasted Market Size By Application
āā10.6.1 Military & Defense
āā10.6.2 Healthcare
āā10.6.3 Entertainment
āā10.6.4 Automotive
āā10.6.5 Sports & Fitness
āā10.6.6 Other
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 U.S.
āā10.7.2 Canada
āā10.7.3 Mexico
Chapter 11: Europe Smart Textiles Market Analysis, Insights and Forecast, 2017-2032
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Type
āā11.4.1 Passive
āā11.4.2 Active/Ultra-Smart
ā11.5 Historic and Forecasted Market Size By Function
āā11.5.1 Sensing
āā11.5.2 Energy Harvesting
āā11.5.3 Thermoelectricity
āā11.5.4 Luminescent
āā11.5.5 Other
ā11.6 Historic and Forecasted Market Size By Application
āā11.6.1 Military & Defense
āā11.6.2 Healthcare
āā11.6.3 Entertainment
āā11.6.4 Automotive
āā11.6.5 Sports & Fitness
āā11.6.6 Other
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 Germany
āā11.7.2 U.K.
āā11.7.3 France
āā11.7.4 Italy
āā11.7.5 Russia
āā11.7.6 Spain
āā11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Smart Textiles Market Analysis, Insights and Forecast, 2017-2032
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Type
āā12.4.1 Passive
āā12.4.2 Active/Ultra-Smart
ā12.5 Historic and Forecasted Market Size By Function
āā12.5.1 Sensing
āā12.5.2 Energy Harvesting
āā12.5.3 Thermoelectricity
āā12.5.4 Luminescent
āā12.5.5 Other
ā12.6 Historic and Forecasted Market Size By Application
āā12.6.1 Military & Defense
āā12.6.2 Healthcare
āā12.6.3 Entertainment
āā12.6.4 Automotive
āā12.6.5 Sports & Fitness
āā12.6.6 Other
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 China
āā12.7.2 India
āā12.7.3 Japan
āā12.7.4 Singapore
āā12.7.5 Australia
āā12.7.6 New Zealand
āā12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Smart Textiles Market Analysis, Insights and Forecast, 2017-2032
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Type
āā13.4.1 Passive
āā13.4.2 Active/Ultra-Smart
ā13.5 Historic and Forecasted Market Size By Function
āā13.5.1 Sensing
āā13.5.2 Energy Harvesting
āā13.5.3 Thermoelectricity
āā13.5.4 Luminescent
āā13.5.5 Other
ā13.6 Historic and Forecasted Market Size By Application
āā13.6.1 Military & Defense
āā13.6.2 Healthcare
āā13.6.3 Entertainment
āā13.6.4 Automotive
āā13.6.5 Sports & Fitness
āā13.6.6 Other
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Turkey
āā13.7.2 Saudi Arabia
āā13.7.3 Iran
āā13.7.4 UAE
āā13.7.5 Africa
āā13.7.6 Rest of MEA
Chapter 14: South America Smart Textiles Market Analysis, Insights and Forecast, 2017-2032
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Type
āā14.4.1 Passive
āā14.4.2 Active/Ultra-Smart
ā14.5 Historic and Forecasted Market Size By Function
āā14.5.1 Sensing
āā14.5.2 Energy Harvesting
āā14.5.3 Thermoelectricity
āā14.5.4 Luminescent
āā14.5.5 Other
ā14.6 Historic and Forecasted Market Size By Application
āā14.6.1 Military & Defense
āā14.6.2 Healthcare
āā14.6.3 Entertainment
āā14.6.4 Automotive
āā14.6.5 Sports & Fitness
āā14.6.6 Other
ā14.7 Historic and Forecast Market Size by Country
āā14.7.1 Brazil
āā14.7.2 Argentina
āā14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Smart Textiles Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 3.30 Bn. |
Forecast Period 2024-32 CAGR: |
22.5% |
Market Size in 2032: |
USD 20.50 Bn. |
Segments Covered: |
By Type |
|
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By Function |
|
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By Application |
|
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By Region |
|
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Key Market Drivers: |
|
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Key Market Restraints: |
|
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Smart Textiles Market research report is 2022-2028.
Adidas AG (Germany), DuPont de Nemours Inc. (US), Alphabet (US), International Fashion Machines Inc. (U.S.), Jabil (US), Texas Instruments Incorporated. (US), Sensoria Inc. (U.S.), Intelligent Clothing Ltd. (U.K.), Schoeller Textiles AG (Switzerland), Interactive Wear AG (Germany), Ohmatex A/S (Denmark), Textronics, Design Systems (I) Pvt. Ltd. (U.S.), Google Inc. (U.S.), Vista Medical Ltd. (Canada), Gentherm Incorporated (U.S.), AIQ Smart Clothing (Taiwan), Outlast Technologies (US), Hexoskin (Canada), and other major players.
The Smart Textiles Market is segmented into Type, Function, Application, and region. By Type, the market is categorized into Passive, Active/Ultra-Smart. By Function the market is categorized into Sensing, Energy Harvesting, Thermoelectricity, Luminescent, and Other. By Application, the market is categorized into Military & Defense, Healthcare, Entertainment, Automotive, Sports & Fitness, and Other. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Textiles are referred to as any item that is being developed by fibers or threads into fabric. It is mainly manufactured from natural fibers, animal or vegetable origin. With time and technological developments, textiles have developed from being a simple piece of cloth or fabric to something that can be functional, beautiful, and responsive all at the same time. These very performing impart these textiles the names such as Smart Textiles, e-textiles (electronic textiles), intelligent textiles, or Functional Fabrics.
The Global Smart Textiles market was valued at USD 3.30 billion in 2023 and is expected to reach USD 20.50 billion by the year 2032, Growing at a CAGR of 22.5% From 2024-2032.