Global E-textile Market 2023-2027
The E-textile market is forecasted to grow by USD 11392 mn during 2022-2027, accelerating at a CAGR of 27.77% during the forecast period. The report on the E-textile market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for health-monitoring wearables, rising number of lifestyle diseases, and increased awareness of healthy lifestyle.
Technavio's E-textile market is segmented as below:
- By Application
- Passive
- Active
- By End-user
- Military and defense
- Architecture
- Sports and fitness
- Transportation
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of ble technology and miniaturization of electronic components as one of the prime reasons driving the E-textile market growth during the next few years. Also, declining cost of wearable technology and growing use of nanotechnology will lead to sizable demand in the market.
The report on the E-textile market covers the following areas:
- E-textile market sizing
- E-textile market forecast
- E-textile market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading E-textile market vendors that include AiQ Smart Clothing Inc., B10NIX Srl, BAE Systems Plc, BeBop Sensors Inc., Carre Technologies Inc., DuPont de Nemours Inc., Interactive Wear AG, Jabil Inc., LOOMIA, Mitsufuji Corp, Outlast Technologies GmbH, sanSirro GmbH, Schoeller Textil AG, Sensoria Inc., Statex Production and Sales GmbH, Tex Ray Industrial Co. Ltd., ThermoSoft International Corp, Toray Industries Inc., Vulpés Electronics GmbH, and Xenoma Inc.. Also, the E-textile market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.