Passive Smart Textiles Find Increased Demand in Military and Protection Vertical


The Smart Textiles Market is expected to grow from USD 2.3 billion in 2021 to USD 6.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period. The report identifies the major factors driving this growth, such as the use of advanced technologies in smart textiles, the miniaturisation of electronic components, and the expanding wearable industry. The market is divided into four sections: type (passive, active/ultra-smart), function (sensing, energy harvesting and thermoelectricity, luminescence and aesthetics), vertical, and geography.

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).

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Passive smart textile to have a significant market in military and protection vertical during the forecast period

During the forecast period, passive smart textiles, the first generation of smart textiles, will have a significant market in the military and protection vertical. These textiles can detect environmental conditions or stimuli but cannot adapt to changes in the environment. Passive smart textiles include optical fiber-embedded fabrics and conductive fabrics. UV protective clothing, antibacterial fabric textiles, multilayer composite fibres and textiles, plasma-treated fabrics, ceramic-coated fabrics, conductive fibres, and fabrics with optical sensors are examples of passive smart textiles. Passive smart textiles are primarily used in the military and protection sectors due to their toughness. DuPont, which provides fibres, industrial fabrics, and covers used in medical, military, and aerospace verticals, and Outlast Technologies, which provides acrylic, viscose, and polyester fabrics used in bedding, apparel, and footwear applications, are two major companies that offer passive smart textiles. 

Sensing function accounts for largest market share for smart textiles market during the forecast period

During the forecast period, the sensing function will hold the largest market share in the smart textiles market. Smart textiles are materials that can detect and respond to environmental conditions or stimuli generated by a variety of sources, including mechanical, thermal, chemical, electrical, and magnetic fields. They can detect body heat, heart rate, respiration rate, and motion and speed using sensors. Smart textiles can also be used to make clothing, such as gloves, shirts, and pants, that can detect various health parameters of the wearer. Advanced smart fabric sensors can monitor bending, location, movement, and pressure, among other psychological factors. As a result, sensing is one of the primary functions for which smart textiles are used.

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Sports and fitness vertical to have highest CAGR during the forecast period.

During the forecast period, the sports and fitness vertical is expected to have the highest CAGR. One of the key factors driving the growth of this segment is the general public's growing awareness of health and fitness. Furthermore, the rising prevalence of heart disease and diabetes is expected to fuel the growth of the sports and fitness smart textiles market. This trend is expected to drive demand for smart sports and fitness apparel and accessories equipped with sensors that can monitor vital signs such as heart rate and oxygen level. As a result, the sports and fitness vertical in the smart textiles market is expected to grow significantly during the forecast period.

North America accounts for the largest share of the smart textiles market during the forecast period

During the forecast period, North America holds the largest share of the smart textiles market. This is due to a variety of factors, including technological advancements and innovations that have resulted in the introduction of new products. Furthermore, the growing demand for smart textiles from the consumer electronics and medical industries has contributed to the growth of the North American smart textiles market. The region has a well-established and highly developed healthcare infrastructure, and there is a growing adoption of advanced medical technologies, which is propelling the smart textiles market forward. Furthermore, rising awareness of the benefits of smart textiles in sports and fitness, military, and aerospace applications is expected to drive market growth in North America. As a result, North America is expected to remain a key market for smart textiles throughout the forecast period.

News Covered:

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

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