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
For more information about this report visit

About ResearchAndMarkets
ResearchAndMarkets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

MENAFN02042024004107003653ID1108047382