Smart Textiles Market Analysis by Size, Share, Growth, Trends, Revenue and Forecast 2026


The Smart Textiles Market is anticipated to increase from USD 2.3 billion in 2021 to USD 6.6 billion by 2026, expanding at a CAGR of 23.2% over that time. Implementation of cutting-edge technologies in smart fabrics, downsizing of electronic components, and the rising wearable sector are some of the key drivers propelling the market for smart textiles.

The market for smart textiles has been disrupted by the abrupt COVID-19 pandemic breakout, particularly in 2020 and 2021. Companies are now using remote working methods as a result of the pandemic. Lockdowns have been implemented in nearly all of the major nations to stop the spread of COVID-19, however this has disrupted the supply chain and stopped manufacturing activity, delaying production. The demand for sports and fitness apparel/accessories integrated with smart applications and sensors that can monitor heart rate and oxygen level, however, has increased as a large portion of the global population is working from home and prefers to perform fitness activities indoors due to social distancing guidelines, which is expected to boost the growth of the Smart Textiles Market. Additionally, during the pandemic crisis, hospitals in some nations, including the US, are adopting smart textiles in a variety of ways, including heated blankets and socks.

During the anticipated time, the military and protection vertical is expected to have a sizable market for passive smart textiles.

The initial generation of smart textiles are passive textiles, which can only perceive ambient stimuli or circumstances but cannot alter in response to them. Passive smart textiles come in conductive and optical fiber-embedded varieties. Some examples of passive smart textiles are UV-protective clothing, antimicrobial fabric textiles, multilayer composite fibres and textiles, plasma-treated fabrics, ceramic-coated fabrics, conductive fibres, and fabrics with optical sensors. Due to their toughness, they are mostly used in the military and protective industry. Some of the major companies providing passive smart textiles include DuPont (US), which provides fibres, industrial fabrics, and covers for the medical, military, and aerospace sectors, and Outlast Technologies (US), which offers acrylic, viscose, and polyester fabrics for bedding, apparel, and footwear applications.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=13764132  

During the projected period, sensing function will hold the greatest market share in the market for smart textiles.

The term "smart textiles" refers to materials that can sense and respond to environmental stimuli that are produced by mechanical, thermal, chemical, electrical, magnetic, or other sources. Through a variety of sensors, they can detect body heat, heart rate, breathing rate, and motion & speed. Smart textiles are used to create clothing items like gloves, shirts, and pants that can detect a wearer's many health characteristics. Virtually every psychological factor, including bending, position, movement, and pressure, is tracked by sophisticated smart fabric sensors. Consequently, one of the main uses of smart textiles is for sensing.

During the predicted period, the sports and fitness vertical will have the greatest CAGR.

During the projection period, the sports and fitness segment is anticipated to have the greatest CAGR. The general public's increasing awareness of health and fitness is one of the main factors fueling the expansion of this market. Additionally, it is anticipated that the rise in heart-related illnesses and diabetes will fuel the market for smart textiles in the sports and fitness vertical.

During the projected period, North America will hold the greatest market share for smart textiles.

Due to a number of variables, North America held the greatest share of the global market for smart textiles. The launch of new items was made possible by technological developments and advancements, which is one of the most significant reasons. The smart textiles market in North America has expanded as a result of the rising demand for them from the consumer electronics and healthcare sectors.

Key Players

The Report Profiles Key Players in the Smart Textiles Market and analyzes their market shares. Players profiled in this report are DuPont (US), Alphabet (US), Jabil (US), AIQ Smart Clothing (Taiwan), Sensoria (US), Gentherm (US), Interactive Wear (Germany), Outlast Technologies (US), Adidas (Germany), Hexoskin (Canada), TenCate (Netherlands), Clim8 (France), Nike (US), Sensing Tex (Spain), Thermosoft International (US), Milliken & Company (US), Applycon (US), Peratech (UK), CHARNAUD (South Africa), Footfalls & Heartbeats (UK), Volt Smart Yarns (US), Samsung(South Korea), Ambiotex (Germany), Microsoft (US) and LifeSense Group (Netherlands).

Browse For More Details - https://www.prnewswire.com/news-releases/smart-textiles-market-worth-6-6-billion-by-2026--exclusive-report-by-marketsandmarkets-301391594.html

Comments

Post a Comment

Popular posts from this blog

Trends Shaping the Environmental Test Chambers Market

The   Environmental Test Chambers Market Size  is expected to rise steadily; estimates show that it will reach USD 938 million by 2024 from USD 842 million in 2019, a compound annual growth rate (CAGR) of 2.18%. The most recent market research report outlines this growth trajectory and highlights the several variables that are driving this expansion. A variety of industrial verticals, including aerospace and defence, automotive, telecommunications, and electronics, are served by the market's segmentation based on type, which includes temperature and humidity chambers, customised chambers, and thermal shock chambers. Over the course of the forecast period, factors like strict regulatory requirements, rising need for dependable testing solutions, and technical developments in environmental testing equipment are anticipated to drive market expansion. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107895228 The environmental test chambers market is pro
Read more

Microwave Revolution: Unraveling the Monolithic Microwave IC Market

Image
The   Monolithic Microwave IC Market  showed strong growth, reaching a worth of USD 9.7 billion in 2022 and expected to reach USD 17.0 billion by 2027. It is anticipated that the market would expand at a notable compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. This growth trend shows how Monolithic Microwave Integrated Circuits (MMICs) are becoming more and more popular in a variety of industries. MMICs are essential parts of applications like consumer electronics, aircraft, defence, and telecommunications because of their small size and excellent performance at microwave frequencies. Technological developments, the growing need for high-frequency communication systems, and the extensive use of MMICs in developing technologies are the main factors propelling the market's growth. The MMIC market is expanding significantly due to a number of important factors. The smartphone industry is a major trigger for the spike in demand for Monolithic Microwave Integrated Circuits
Read more

Innovation Unleashed: RF Gallium Nitride Market Role in Emerging Technologies

Image
With a projected value of USD 2.8 billion by 2028, the global   RF Gallium Nitride (GaN) Market   is expected to experience substantial expansion from its estimated USD 1.3 billion in 2022. Over the course of the projected period, this forecast indicates a strong Compound Annual Growth Rate (CAGR) of 12.9%. The growing use of RF GaN devices in aerospace, defence, and military applications is driving up demand for them. GaN's commercial appeal is further enhanced by its appropriateness for Radio Frequency (RF) applications, which propels its wider adoption. With the growing need for sophisticated and high-performing RF semiconductor devices, the RF GaN Market is leading the way and is expected to grow significantly in the upcoming years.  Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597   Sumitomo Electric Device Innovations, Inc. (Japan), Qorvo, Inc. (US), WOLFSPEED, INC. (US), NXP Semiconductors (Netherlands), MACOM (US), Infineon Technolo
Read more