Global Smart Textile Market Growth 2023-2029

Global Smart Textile Market Growth 2023-2029

Smart textiles are defined as textiles that can sense and react via an active control mechanism to environmental conditions or stimuli from mechanical, thermal, chemical, electrical or magnetic sources.

LPI (LP Information)' newest research report, the “Smart Textile Industry Forecast” looks at past sales and reviews total world Smart Textile sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Textile sales for 2023 through 2029. With Smart Textile sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Textile industry.

This Insight Report provides a comprehensive analysis of the global Smart Textile landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Textile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Textile market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Textile and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Textile.

The global Smart Textile market size is projected to grow from US$ 3515.8 million in 2022 to US$ 12540 million in 2029; it is expected to grow at a CAGR of 12540 from 2023 to 2029.

Global Smart Textile key players include Textronics, Peratech, DuPont, Clothing+, etc. Global top four manufacturers hold a share over 15%.

North Americas is the largest market, with a share over 50%, followed by China, and Europe, both have a share over 35 percent.

In terms of product, Passive Smart Textile is the largest segment, with a share over 35%. And in terms of application, the largest application is Military Uses, followed by Civil Uses, Healthcare Uses, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Textile market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Passive Smart Textile

Active Smart Textile

Ultra-Smart Textile

Segmentation by application

Military Uses

Civil Uses

Healthcare Uses

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Textronics

Peratech

DuPont

Clothing+

Outlast

d3o lab

Schoeller

Texas Instruments

Exo2

Vista Medical

Ohmatex ApS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Textile market?

What factors are driving Smart Textile market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Textile market opportunities vary by end market size?

How does Smart Textile break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.