Electronic Textile and Smart Clothing Market Report: Trends, Forecast and Competitive Analysis to 2030

Electronic Textile and Smart Clothing Market Report: Trends, Forecast and Competitive Analysis to 2030

Electronic Textile and Smart Clothing Trends and Forecast

The future of the global electronic textile and smart clothing market looks promising with opportunities in the military & defense, sport & fitness, fashion & entertainment, healthcare, and mining markets. The global electronic textile and smart clothing market is expected to reach an estimated $28.9 billion by 2030 with a CAGR of 24.3% from 2024 to 2030. The major drivers for this market are growing demand in the sports and fitness globally, increasing demand for physical activity monitoring, and rising demand for comfort and convenience.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electronic Textile and Smart Clothing by Segment

The study includes a forecast for the global electronic textile and smart clothing by textile type, product type, end use, and region.

Electronic Textile and Smart Clothing Market by Textile Type [Shipment Analysis by Value from 2018 to 2030]:

• Active Smart
• Passive Smart
• Ultra-Smart

Electronic Textile and Smart Clothing Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Upper Wear
• Lower Wear
• Innerwear
• Others

Electronic Textile and Smart Clothing Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Military & Defense
• Sports & Fitness
• Fashion & Entertainment
• Healthcare
• Mining
• Others

Electronic Textile and Smart Clothing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electronic Textile and Smart Clothing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic textile and smart clothing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic textile and smart clothing companies profiled in this report include-

• Adidas
• Ohmatex
• Peratech
• Infineon Technologies
• Clothing+
• Fibretronic
• Weartech
• Tektronix
• Auxetix
• Eriksen

Electronic Textile and Smart Clothing Market Insights

Lucintel forecasts that active smart is expected to witness the highest growth over the forecast period.

Within this market, sports & fitness is expected to witness the highest growth.

North America is expected to witness highest growth over the forecast period due to growing demand in the region for fitness and health tracking wearable clothing in addition.

Features of the Global Electronic Textile and Smart Clothing Market

Market Size Estimates: Electronic textile and smart clothing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electronic textile and smart clothing market size by textile type, product type, end use, and region in terms of value ($B).

Regional Analysis: Electronic textile and smart clothing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different textile type, product type, end use, and regions for the electronic textile and smart clothing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic textile and smart clothing market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the electronic textile and smart clothing market size?

Answer: The global electronic textile and smart clothing market is expected to reach an estimated $28.9 billion by 2030.

Q2. What is the growth forecast for electronic textile and smart clothing market?

Answer: The global electronic textile and smart clothing market is expected to grow with a CAGR of 24.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the electronic textile and smart clothing market?

Answer: The major drivers for this market are growing demand in the sports and fitness globally, increasing demand for physical activity monitoring, and rising demand for comfort and convenience.

Q4. What are the major segments for electronic textile and smart clothing market?

Answer: The future of the global electronic textile and smart clothing market looks promising with opportunities in the military & defense, sport & fitness, fashion & entertainment, healthcare, and mining markets.

Q5. Who are the key electronic textile and smart clothing market companies?

Answer: Some of the key electronic textile and smart clothing companies are as follows:

• Adidas
• Ohmatex
• Peratech
• Infineon Technologies
• Clothing+
• Fibretronic
• Weartech
• Tektronix
• Auxetix
• Eriksen

Q6. Which electronic textile and smart clothing market segment will be the largest in future?

Answer: Lucintel forecasts that active smart is expected to witness the highest growth over the forecast period.

Q7. In electronic textile and smart clothing market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to growing demand in the region for fitness and health tracking wearable clothing in addition.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electronic textile and smart clothing market by textile type (active smart, passive smart, and ultra-smart), product type (upper wear, lower wear, innerwear, and others), end use (military & defense, sports & fitness, fashion & entertainment, healthcare, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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