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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