Smart Textiles Global Strategic Business Report 2024 - Energy Harvesting Textiles Key To The Development Of Next-Generation Wearable Electronics


(MENAFN- GlobeNewsWire - Nasdaq) Dublin, April 02, 2024 (GLOBE NEWSWIRE) -- The "Smart Textiles - Global Strategic Business Report" has been added to ResearchAndMarkets's offering.
The global market for Smart Textiles estimated at US$2.8 Billion in the year 2023, is projected to reach a revised size of US$13.8 Billion by 2030, growing at a CAGR of 21.9% over the analysis period 2023-2030.
Sensing Function Textiles, one of the segments analyzed in the report, is projected to record 20.5% CAGR and reach US$3.8 Billion by the end of the analysis period. Growth in the Energy Harvesting Function segment of the smart textiles market is estimated at 22.6% CAGR for the next 8-year period.
The Smart Textiles market in the U.S. is estimated at US$855.2 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2030 trailing a CAGR of 26.9% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16% and 19.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 19.8% CAGR.

Key Market Trends & Drivers

  • Increased Emphasis on Health & Fitness Post COVID-19 Promises to Make Amends for the Damages Sustained by Smart Sports & Fitness Textiles & Clothing in Year 2020
  • With Workouts Shifting to Consumer Homes, Demand for Smart Indoor Workout Clothes to Witness New Growth Opportunities in the Post COVID-19 Period
  • Smart Garments Emerge as Sub-Sets of Wearable Technology
  • The Rise of Wearables: A Review
  • What Does This Mean for E-Textiles?
  • Wearable Technology Provides the Launchpad for Innovation & Adoption of Smart E-Textiles
  • Smart Textiles in Healthcare: An Attractive Application Opportunity
  • Innovations Remain Crucial for Future Growth
  • Energy Harvesting Textiles Key to the Development of Next-Generation Wearable Electronics
  • Here's How AI Will Usher In the Era of Intelligent Fabric & Textile Innovation
  • The Quest to Create Super Soldiers Drives Interest in Military Smart Textiles
  • Here's How Role of Nanotechnology in Smart Fabrics is Getting Bigger

Select Competitors (Total 216 Featured)

  • AIQ Smart Clothing Inc.
  • Aksa Akrilik Kimya Sanayii AS
  • Asiatic Fiber Corporation
  • Agru America, Inc.
  • AccuGeo Liner, Inc.
  • ACE Geosynthetics
  • Acmetex, Inc.
  • Advanced Drainage Systems, Inc.
  • ADVANSA Marketing GmbH
  • Alyaf Industrial Co., Ltd.
  • American & Efird LLC
  • Arrow Technical Textiles Pvt., Ltd.
  • ATEX Technologies Inc.
  • Apex Mills
  • Arville Textiles Ltd.


Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Smart Textiles - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • How the Apparel & Textile Industry Is Impacted by the Pandemic & What's the New Normal?
  • Global Garments & Textiles Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Here's Everything You Need to Know About Smart Textiles: Definition, Scope, Types, Features, Benefits & Fabric Innovations
  • Recent Market Activity
  • Innovations

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS

  • Wearable Technology Provides the Launchpad for Innovation & Adoption of Smart E-Textiles: Global Number of Wearable Technology Users (In Million) for Years 2019, 2021, 2023, 2025
  • Global Wearable Technology Opportunity (In US$ Million) for Years 2019, 2021, 2023, and 2025
  • Here's How AI Will Usher In the Era of Intelligent Fabric & Textile Innovation
  • Global AI in Fashion Market (In US$ Million) for the Years 2019, 2021, 2023, 2025 & 2027

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • United Kingdom
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • Rest of World
  • Africa

IV. COMPETITION
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