Smart Textile Market Research Report Forecast to 2023

Global Smart Textile Market by type (passive, active, very smart), application (sensing, medical, energy harvest, thermo-electricity), end-use industry (military & defense, building & construction, automotive, textile, medical), region till 2023

ID: MRFR/CnM/4031-HCR | February 2021 | Region: Global | 140 pages

Market Overview:
Smart Textile Market can have a robust growth with an astonishing CAGR during the forecast period (2017-2023).

Smart textiles, also known as smart clothing and smart garments, are the fabrics which easily accommodates battery, light, smart chips, digital components, and other electronics. These type of fabrics are designed and developed with the implementation of advanced technologies, which add to the value of such clothing.  The smart textiles are of two major types depending on the function they perform, performance enhancing, and aesthetic. The performance enhancing the type of smart textiles are mainly used in sports, athletic and military applications, wherein they control body weight and temperature, external vibrations, and wind resistance to improve the overall performance of an athlete.  The aesthetic smart fabrics are the ones which light up and change color, absorbs energy from the environment by harnessing vibrations, heat, light, and sound by reacting with them. Some other smart fabrics are also designed to guard the body and skin against harmful radiations, natural hazards, and effects of space during space travel.
The smart textile has ability to enhance and add  value to fabrics to meet the need of various applications. The demand for lightweight and durable fabrics in numerous applications starting from textile, sports, automotive to defense and space has witnessed upward trend during the past few years and is anticipated to be the same over the forecast period. According to some leading research institutes in the world, the global aerospace composite or core material market may register nearly 40 billion USD by expanding at a growth rate of around 9% till the end of 2023. This is expected to boost demand for the smart fabrics in the manufacturing aerospace composites. Apart from aerospace industry, the automotive industry is fetching a considerable amount of smart fabrics in various applications such as dashboard, under the hood, insulation, and sensing. With changing lifestyle of people around the world, they are becoming more health conscious than ever before and this trend may grow even further due to shifting sentiments in favor of prevention instead of searching for cure. This is likely to fuel the demand for smart textile fabrics in the smart clothing wear, safety gears, and sensing fabrics. Around the globe, the leading and emerging military powers such as the U.S., Russia, China, and India are investing sizeable share of their GDP in building their armor, upgrading their defense system, and enhancing the deterrence ability. This is anticipated to boost the demand for the smart fabrics in the coming years. However, the major bottleneck in the growth trajectory is the capital-intensive nature of smart textile.
Global smart textile market share, by end-use industry 2016 (%)
 
Regional Analysis:
The global smart textile market is spanned across five key regions: North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Among these regions, North America is the dominant market and holding major share of the market on account of increasing demand from major end-use industries such as military & defense and sports. The U.S. is the largest market in this region due to the presence of a considerable number of market players and growth of defense sector. Asia Pacific is the second largest region in the global smart textile market following North America. Yet, this region is estimated to grow at the highest CAGR among other regions in this market. Countries namely India, South Korea, China, and Japan are the major countries in this regional market. The growth of this region is attributed to the growing public investment in the marine and defense sectors, along with aerospace industry. Europe is another substantial market in the global smart textile market. The major contributors to the regional market are France, the U.K, Germany, and Italy. The major end users of the smart textile in this region are automotive and aerospace, along with textiles industry, which is driving growth of the market.  During the years to follow, the opportunities for composite and core material is growing in the Middle East & Africa and Latin America, which is expected to propel the growth of these regional markets.
Segmentation:
The global smart textile market is segmented on the basis of types, application, end use industry, and region.
Based on the type, the market is classified into passive smart textile, active smart textile, and very smart textile.
On the basis of the applications, the market is categorized into sensing, architecture, medical, energy harvest, thermo-electricity, and others.
By the end use industry, the global smart textile market is divided into military & defense, building & construction, automotive, textile, medical, sports, and others.
Regionally, the market is divided into five key regions: North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America.
Key Players:
Some of the key players in the global smart textile market are Interactive Wear AG (Germany), Google Inc. (U.S.), AiQ Smart Clothing (Taiwan), GENTHERM (U.S.), Clothing+ (Finland), Textronics, Inc. (U.S.), Outlast Technologies LLC (U.S.), Sensoria Inc. (U.S.), Thermosoft International Corporation (U.S.), and Ohmatex ApS (Denmark).
Intended Audience:

Smart textile Manufacturers

Traders and distributors of smart textile

Research and development institutes

Potential investors

Raw material suppliers

Nationalized laboratory



Frequently Asked Questions (FAQ) :


Influencing players for the smart textile market are Google Inc. (U.S.), Interactive Wear AG (Germany), GENTHERM (U.S.), AiQ Smart Clothing (Taiwan), Textronics, Inc. (U.S.), Clothing+ (Finland), Thermosoft International Corporation (U.S.), Sensoria Inc. (U.S.), Outlast Technologies LLC (U.S.), and Ohmatex ApS (Denmark).

Advertising, product launch, mergers, collaborations, acquisitions, better R&D, and others are some tactical moves that players would implement to trigger growth for the smart textile market.

North America would dominate the global smart textile market.

Smart textile fabric’s ability to accommodate the battery, digital components, smart chips, light, and other electronics would trigger intake from several end user industries and inspire growth for the smart textile market.

The ability to enhance and add value to fabrics is a major pointer for the smart textile market that is becoming a trend for several end user industries.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research printing methodology

3.1 Research application

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global smart textile market

5 Industry Overview of Global smart textile market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Smart Textile Market by type

7.1 Introduction

7.2 Passive Smart Textile

7.2.1 Market Estimates & Forecast, 2016-2023

7.2.2 Market Estimates & Forecast by Region, 2016-2023

7.3 Active Smart Textile

7.3.1 Market Estimates & Forecast, 2016-2023

7.3.2 Market Estimates & Forecast by Region, 2016-2023

7.4 Very Smart Textile

7.4.1 Market Estimates & Forecast, 2016-2023

7.4.2 Market Estimates & Forecast by Region, 2016-2023

8. Global smart textile market by application

8.1 Introduction

8.2 Sensing

8.2.1 Market Estimates & Forecast, 2016-2023

8.2.2 Market Estimates & Forecast by Region, 2016-2023

8.3 Architecture

8.3.1 Market Estimates & Forecast, 2016-2023

8.3.2 Market Estimates & Forecast by Region, 2016-2023

8.4 Medical

8.4.1 Market Estimates & Forecast, 2016-2023

8.4.2 Market Estimates & Forecast by Region, 2016-2023

8.5 Energy Harvest

8.5.1 Market Estimates & Forecast, 2016-2023

8.5.2 Market Estimates & Forecast by Region, 2016-2023

8.6 Thermo-Electricity

8.6.1 Market Estimates & Forecast, 2016-2023

8.6.2 Market Estimates & Forecast by Region, 2016-2023

8.7 Others

8.7.1 Market Estimates & Forecast, 2016-2023

8.7.2 Market Estimates & Forecast by Region, 2016-2023

9. Global smart textile market by end use industry

9.1 Introduction

9.2 Military & Defense

9.2.1 Market Estimates & Forecast, 2016-2023

9.2.2 Market Estimates & Forecast by Region, 2016-2023

9.3 Building & Construction

9.3.1 Market Estimates & Forecast, 2016-2023

9.3.2 Market Estimates & Forecast by Region, 2016-2023

9.4 Automotive

9.4.1 Market Estimates & Forecast, 2016-2023

9.4.2 Market Estimates & Forecast by Region, 2016-2023

9.5 Textile

9.5.1 Market Estimates & Forecast, 2016-2023

9.5.2 Market Estimates & Forecast by Region, 2016-2023

9.6 Medical

9.6.1 Market Estimates & Forecast, 2016-2023

9.6.2 Market Estimates & Forecast by Region, 2016-2023

9.7 Sports

9.7.1 Market Estimates & Forecast, 2016-2023

9.7.2 Market Estimates & Forecast by Region, 2016-2023

9.8 Others

9.8.1 Market Estimates & Forecast, 2016-2023

9.8.2 Market Estimates & Forecast by Region, 2016-2023

10. Global Smart textile market by region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2016-2023

10.2.2 Market Estimates & Forecast by Type, 2016-2023

10.2.3 Market Estimates & Forecast by application, 2016-2023

10.2.4 Market Estimates & Forecast by End use industry, 2016-2023

10.2.5 U.S.

10.2.5.1 Market Estimates & Forecast, 2016-2023

10.2.5.2 Market Estimates & Forecast by Type, 2016-2023

10.2.5.3 Market Estimates & Forecast by application, 2016-2023

10.2.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast, 2017-2023

10.2.6.2 Market Estimates & Forecast by Type, 2017-2023

10.2.6.3 Market Estimates & Forecast by application, 2017-2023

10.2.6.4 Market Estimates & Forecast by End use industry, 2017-2023

10.3 Europe

10.3.1 Market Estimates & Forecast, 2016-2023

10.3.2 Market Estimates & Forecast by Type, 2016-2023

10.3.3 Market Estimates & Forecast by application, 2016-2023

10.3.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2016-2023

10.3.5.2 Market Estimates & Forecast by Type, 2016-2023

10.3.5.3 Market Estimates & Forecast by application, 2016-2023

10.3.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2016-2023

10.3.6.2 Market Estimates & Forecast by Type, 2016-2023

10.3.6.3 Market Estimates & Forecast by application, 2016-2023

10.3.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2017-2023

10.3.7.2 Market Estimates & Forecast by Type, 2017-2023

10.3.7.3 Market Estimates & Forecast by application, 2017-2023

10.3.7.4 Market Estimates & Forecast by End use industry, 2017-2023

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2016-2023

10.3.8.2 Market Estimates & Forecast by Type, 2016-2023

10.3.8.3 Market Estimates & Forecast by application, 2016-2023

10.3.8.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2016-2023

10.3.9.2 Market Estimates & Forecast by Type, 2016-2023

10.3.9.3 Market Estimates & Forecast by application, 2016-2023

10.3.9.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.10 Russia

10.3.10.1 Market Estimates & Forecast, 2016-2023

10.3.10.2 Market Estimates & Forecast by Type, 2016-2023

10.3.10.3 Market Estimates & Forecast by application, 2016-2023

10.3.10.4 Market Estimates & Forecast by End use industry, 2016-2023

10.3.11 Poland

10.3.11.1 Market Estimates & Forecast, 2016-2023

10.3.11.2 Market Estimates & Forecast by Type, 2016-2023

10.3.11.3 Market Estimates & Forecast by application, 2016-2023

10.3.11.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2016-2023

10.4.2 Market Estimates & Forecast by Type, 2016-2023

10.4.3 Market Estimates & Forecast by application, 2016-2023

10.4.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2016-2023

10.4.5.2 Market Estimates & Forecast by Type, 2016-2023

10.4.5.3 Market Estimates & Forecast by application, 2016-2023

10.4.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2016-2023

10.4.6.2 Market Estimates & Forecast by Type, 2016-2023

10.4.6.3 Market Estimates & Forecast by application, 2016-2023

10.4.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2016-2023

10.4.7.2 Market Estimates & Forecast by Type, 2016-2023

10.4.7.3 Market Estimates & Forecast by application, 2016-2023

10.4.7.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2016-2023

10.4.8.2 Market Estimates & Forecast by Type, 2016-2023

10.4.8.3 Market Estimates & Forecast by application, 2016-2023

10.4.8.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2016-2023

10.4.9.2 Market Estimates & Forecast by Type, 2016-2023

10.4.9.3 Market Estimates & Forecast by application, 2016-2023

10.4.9.4 Market Estimates & Forecast by End use industry, 2016-2023

10.4.10 Rest of Asia Pacific

10.4.10.1 Market Estimates & Forecast, 2016-2023

10.4.10.2 Market Estimates & Forecast by Type, 2016-2023

10.4.10.3 Market Estimates & Forecast by application, 2016-2023

10.4.10.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5 The Middle East & Africa

10.5.1 Market Estimates & Forecast, 2016-2023

10.5.2 Market Estimates & Forecast by Type, 2016-2023

10.5.3 Market Estimates & Forecast by application, 2016-2023

10.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.5 Turkey

10.5.5.1 Market Estimates & Forecast, 2016-2023

10.5.5.2 Market Estimates & Forecast by Type, 2016-2023

10.5.5.3 Market Estimates & Forecast by application, 2016-2023

10.5.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.6 Israel

10.5.6.1 Market Estimates & Forecast, 2016-2023

10.5.6.2 Market Estimates & Forecast by Type, 2016-2023

10.5.6.3 Market Estimates & Forecast by application, 2016-2023

10.5.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.7 North Africa

10.5.7.1 Market Estimates & Forecast, 2016-2023

10.5.7.2 Market Estimates & Forecast by Type, 2016-2023

10.5.7.3 Market Estimates & Forecast by application, 2016-2023

10.5.7.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.8 GCC

10.5.8.1 Market Estimates & Forecast, 2016-2023

10.5.8.2 Market Estimates & Forecast by Type, 2016-2023

10.5.8.3 Market Estimates & Forecast by application, 2016-2023

10.5.8.4 Market Estimates & Forecast by End use industry, 2016-2023

10.5.9 Rest of Middle East & Africa

10.5.9.1 Market Estimates & Forecast, 2016-2023

10.5.9.2 Market Estimates & Forecast by Type, 2016-2023

10.5.9.3 Market Estimates & Forecast by application, 2016-2023

10.5.9.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6 Latin America

10.6.1 Market Estimates & Forecast, 2016-2023

10.6.2 Market Estimates & Forecast by Type, 2016-2023

10.6.3 Market Estimates & Forecast by application, 2016-2023

10.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, 2016-2023

10.6.5.2 Market Estimates & Forecast by Type, 2016-2023

10.6.5.3 Market Estimates & Forecast by application, 2016-2023

10.6.5.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.6 Mexico

10.6.6.1 Market Estimates & Forecast, 2016-2023

10.6.6.2 Market Estimates & Forecast by Type, 2016-2023

10.6.6.3 Market Estimates & Forecast by application, 2016-2023

10.6.6.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.7 Argentina

10.6.7.1 Market Estimates & Forecast, 2016-2023

10.6.7.2 Market Estimates & Forecast by Type, 2016-2023

10.6.7.3 Market Estimates & Forecast by application, 2016-2023

10.6.7.4 Market Estimates & Forecast by End use industry, 2016-2023

10.6.8 Rest of Latin America

10.6.8.1 Market Estimates & Forecast, 2016-2023

10.6.8.2 Market Estimates & Forecast by Type, 2016-2023

10.6.8.3 Market Estimates & Forecast by application, 2016-2023

10.6.8.4 Market Estimates & Forecast by End use industry, 2016-2023

11. Company Landscape

12. Company Profiles

12.1 Wear AG

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Google Inc.

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 AiQ Smart Clothing

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 GENTHERM

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Clothing+

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Textronics, Inc.

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Outlast Technologies LLC

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Sensoria Inc.

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Thermosoft International Corporation

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Ohmatex ApS

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13. Conclusion

LIST OF TABLES


Table 1 World Population by Major Regions (2016 To 2030)

Table 2 Global smart textile market: By Region, 2016-2023

Table 3 North America smart textile market: By Country, 2016-2023

Table 4 Europe smart textile market: By Country, 2016-2023

Table 5 Asia-Pacific smart textile market: By Country, 2016-2023

Table 6 Middle East & Africa smart textile market: By Country, 2016-2023

Table 7 Latin America smart textile market: By Country, 2016-2023

Table 8 Global smart textile by Type Market: By Regions, 2016-2023

Table 9 North America smart textile by Type Market: By Country, 2016-2023

Table10 Europe smart textile by Type Market: By Country, 2016-2023

Table11 Asia-Pacific smart textile by Type Market: By Country, 2016-2023

Table12 Middle East & Africa smart textile by Type Market: By Country, 2016-2023

Table13 Latin America smart textile by Type Market: By Country, 2016-2023

Table14 Global smart textile by Application Market: By Regions, 2016-2023

Table15 North America smart textile by Application Market: By Country, 2016-2023

Table16 Europe smart textile by Application Market: By Country, 2016-2023

Table17 Asia-Pacific smart textile by Application Market: By Country, 2016-2023

Table18 Middle East & Africa smart textile by Application Market: By Country, 2016-2023

Table19 Latin America smart textile by Application Market: By Country, 2016-2023

Table20 North America smart textile for End use industry Market: By Country, 2016-2023

Table21 Europe smart textile for End use industry Market: By Country, 2016-2023

Table22 Asia-Pacific smart textile for End use industry Market: By Country, 2016-2023

Table23 Middle East & Africa smart textile for End use industry Market: By Country, 2016-2023

Table24 Latin America smart textile for End use industry Market: By Country, 2016-2023

Table25 Global Type Market: By Region, 2016-2023

Table26 Global End use industry Market: By Region, 2016-2023

Table27 Global End use industry Market: By Region, 2016-2023

Table28 North America smart textile market, By Country

Table29 North America smart textile market, By Type

Table30 North America smart textile market, By Application

Table31 North America smart textile market, By End use industry

Table32 Europe: smart textile market, By Country

Table33 Europe: smart textile market, By Type

Table34 Europe: smart textile market, By Application

Table35 Europe: smart textile market, By End use industry

Table36 Asia-Pacific: smart textile market, By Country

Table37 Asia-Pacific: smart textile market, By Type

Table38 Asia-Pacific: smart textile market, By Application

Table39 Asia-Pacific: smart textile market, By End use industry

Table40 Middle East & Africa: smart textile market, By Country

Table41 Middle East & Africa smart textile market, By Type

Table42 Middle East & Africa smart textile market, By Application

Table43 Middle East & Africa: smart textile market, By End use industry

Table44 Latin America: smart textile market, By Country

Table45 Latin America smart textile market, By Type

Table46 Latin America smart textile market, By Application

Table47 Latin America: smart textile market, By End use industry

LIST OF FIGURES


FIGURE 1 Global smart textile market segmentation

FIGURE 2 Forecast Printing methodology

FIGURE 3 Five Forces Analysis of Global smart textile market

FIGURE 4 Value Chain of Global smart textile market

FIGURE 5 Share of Global smart textile market in 2016, by country (in %)

FIGURE 6 Global smart textile market, 2016-2023,

FIGURE 7 Sub segments of Type

FIGURE 8 Global smart textile market size by Type, 2016

FIGURE 9 Share of Global smart textile market by Type, 2016 to 2023

FIGURE 10 Global smart textile market size by Application, 2016

FIGURE 11 Share of Global smart textile market by Application, 2016 to 2023

FIGURE 12 Global smart textile market size by End use industry, 2016

FIGURE 13 Share of Global smart textile market by End use industry, 2016 to 2023