+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2016-01-04Number of Pages: 134

Smart Textile Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Rapid advancements in textile technologies, nanotechnology, biosensors, new materials, and miniaturized electronics are bringing about a major change to the overall growth dynamics of the global market for smart textiles. Although the sector is still in the very early stages of development, the possibilities of innovative smart textiles extending the overall usefulness and functionalities of common fabrics are immense.

In the future years, smart textiles are expected to find applications across several industries and an increasing number of companies will step in the market with their products. Rising interest from industries such as medical devices, fashion, entertainment, and defense is poised to encourage further development in smart textiles and increase investments aimed at future research and development activities.

Transparency Market Research states that the global smart textiles market held an opportunity of US$700 mn in 2014. The market is expected to exhibit an excellent CAGR of 30.8% CAGR through 2023 and rise to a valuation of US$7,730.0 mn by 2023.

Applications in Sports and Fitness Sector to Fuel Growth

Smart textiles hold immense promise in the sector of wearable devices and are expected to be emerge as the primary vehicles for the wearable technology’s widespread use. The use of wearable devices such as heart rate monitors, motion sensors, and pedometers is expected to see a significant rise in the next few years as the global consumer becomes increasingly aware about healthcare and personal wellbeing in general.

This trend will encourage the increased use of smart textiles across the sports and fitness domain. TMR analysts suggest that the smart textiles market across the sports and fitness industry will expand at a 33.1% over the period between 2015 and 2023.

The market is also expected to witness substantial traction across the healthcare and military and defense industries in the next few years. In 2014, the military and defense industry accounted for a share of over 28% in the global smart textiles market in terms of revenue. In the same year, the healthcare industry accounted for a share of over 18.5% in the market. Through 2023, the military and defense sector for smart textiles is expected to expand at nearly 30% CAGR, emerging as a major driver of the global market.

 

global-smart-textile-market

 

High Demand in Sports and Fitness Sector to Enable North America Smart Textile Market Take Top Spot

North America is presently the leading regional market for smart textiles, with more than 40% of the global market in 2014. The region is trailed by Europe, which accounted for a share of over 30% in the global market in the same years. These developed regions have traditionally remained at the forefront of adoption of new technologies owing to high disposable incomes of the population and high awareness about technological advancements.

The market for smart textiles in North America is expected to witness significant expansion in the future years as well. Demand will be driven most prominently driven by favorable developments across the sports and fitness sector and high demand for innovative textiles in the automotive industry. Revenue-wise, the sports and fitness sector in the North America smart textiles market will expand at about 32% CAGR through 2023.


Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Key take away
1.4 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Market Overview
3.1 Introduction
3.2 Market Dynamics
     3.2.1 Market Drivers
     3.2.2 Market Restraints
     3.2.3 Market Opportunities
3.3 Smart Textile market: Competitive landscape
3.4 Competitive Strategies adopted by major players
3.5 Market attractiveness analysis

Chapter 4 Global Smart Textile Market Analysis, by Function
4.1 Overview
4.2 Energy harvesting smart textile market, Revenue forecast (USD million), 2014 – 2023
4.3 Sensing smart textile market,Revenue forecast (USD million), 2014 – 2023
4.4 Thermoelctricity smart textile market,Revenue forecast (USD million), 2014 – 2023 
4.5 Luminescent smart textile market, Revenue forecast (USD million), 2014 – 2023 
4.6 Others smart textile market, Revenue forecast (USD million), 2014 – 2023

Chapter 5 Global Smart Textile Market: By Applications
5.1 Overview
     5.1.1 By applications: Revnue Share, 2014 Vs 2023
5.2 Health careSegment, 2014 – 2023, (USD million) 
5.3 Military and defense Segment, 2014 – 2023, (USD million) 
5.4 Entertainment Segment, 2014 – 2023, (USD million) 
5.5 Automotive Segment, 2014 – 2023, (USD million) 
5.6 Sports and fitness Segment, 2014 – 2023, (USD million)
5.7 Others Segment, 2014 – 2023, (USD million) 

Chapter 6 Global Smart Textile Market –By Region
6.1 Overview
     6.1.1 By Region: Revenue share, 2014 – 2023
6.2 North America Smart Textile Market, 2014 – 2023, (USD million) 
     6.2.1 North America Smart Textile Market, By application, 2014 – 2023, (USD million) 
     6.2.2 North America Smart Textile Market, by Function, 2014 – 2023, (USD million) 
     6.2.3 U.S. Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.2.3.1 U.S. Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.2.3.2 U.S. Smart Textile Market, By Function, 2014 – 2023, (USD million)
     6.2.4 Canada Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.2.4.1 Canada Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.2.4.2 Canada Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.2.5 Mexico. Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.2.5.1 Mexico Smart Textile Market, ByApplication, 2014 – 2023, (USD million)
            6.2.5.2 Mexico Smart Textile Market, By Function, 2014 – 2023, (USD million)
6.3 Europe Smart Textile Market, 2014 – 2023, (USD million)
     6.3.1 Europe Smart Textile Market, By application, 2014 – 2023, (USD million) 
     6.3.2 Europe Smart Textile Market, by Function, 2014 – 2023, (USD million) 
     6.3.3 U.K Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.3.3.1 U.K Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.3.3.2 U.K Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.3.4 France Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.3.4.1 France Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.3.4.2 France Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.3.5 Germany Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.3.5.1 Germany Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.3.5.2 Germany Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.3.6 Italy Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.3.6.1 Italy Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.3.6.2 Italy Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.3.7 Spain Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.3.7.1 Spain Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.3.7.2 Spain Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.3.8 Rest of Europe Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.3.8.1 Rest of Europe Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.3.8.2 Rest of Europe Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
6.4 Asia Pacific (APAC) Smart Textile Market,2014-2023, (USD million) 
     6.4.1 Asia Pacific Samrt Textile Market, Revenue forecast, By application, 2014 – 2023, (USD million) 
     6.4.2 Asia Pacific Smart Textile market, Revenue forecast, ByFunction, 2014 – 2023, (USD million) 
     6.4.3 India Smart Textile Market, Revenue forecast, Revenue Forecast, 2014 – 2023, (USD million)
            6.4.3.1 India Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.4.3.2 India Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.4.4 China Smart Textile Market, Revenue forecast, Revenue Forecast, 2014 – 2023, (USD million)
            6.4.4.1 China Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.4.4.2 China Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.4.5 Japan Smart Textile Market, Revenue forecast, Revenue Forecast, 2014 – 2023, (USD million)
            6.4.5.1 Japan Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.4.5.2 Japan Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.4.6 Rest of Asia Pacific Smart Textile Market, Revenue Forecast, 2014 – 2023, (USD million)
            6.4.6.1 Rest of Asia Pacific Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.4.6.2 Rest of Asia Pacific Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
6.5 Rest of the World (RoW) Smart Textile Market, 2014-2023, (USD million) 
     6.5.1 Rest of the World Smart Textile Market, Revenue forecas,by application, 2014 – 2023, (USD million) 
     6.5.2 Rest of the World Smart Textile Market, Revenue forecast,by Function, 2014 – 2023, (USD million) 
     6.5.3 Latin America Smart Textile Market,Revenue forecast, 2014 – 2023, (USD million) 
            6.5.3.1 Latin America Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.5.3.2 Latin America Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.5.4 Middle-East Smart Textile Market,Revenue forecast, 2014 – 2023, (USD million) 
            6.5.4.1 Middle_East Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.5.4.2 Middle-East Smart Textile Market, ByFunction, 2014 – 2023, (USD million)
     6.5.5 Africa Smart Textile Market,Revenue forecast, 2014 – 2023, (USD million) 
            6.5.5.1 Africa Smart Textile Market, By Application, 2014 – 2023, (USD million)
            6.5.5.2 Africa Smart Textile Market, ByFunction, 2014 – 2023, (USD million)

Chapter 7 Company Profiles
7.1 Globe Manufacturing Company, LLC
7.2 E.I. DuPont De Nemours and Co.
7.3 Milliken & Company
7.4 Ohmatex ApS 
7.5 Outlast Technologies LLC 
7.6 Texas Instruments Inc 
7.7 Koninklijke Ten Cate nv
7.8 Schoeller Technologies AG
7.9 Gentherm Inc 
7.10 Noble Biomaterials Inc. 

List of Figures

FIG.1 Market Segmentation of Smart Textile
FIG.2 Market Share of Key Players 2014(%)
FIG.3 Market Attractiveness Analysis, by Application, 2014
FIG.4 By Function:Overview
FIG.5 Global Energy harvesting Market, 2014 – 2023, (USD million) 
FIG.6 Global Sensing Market, 2014 – 2023, (USD million) 
FIG.7 Global Thermo electricity Market, 2014 – 2023, (USD million) 
FIG.8 Global Luminescent Market, 2014 – 2023, (USD million) 
FIG.9 Global Others Market, 2014 – 2023, (USD million) 
FIG.10 By Application:Overview
FIG 11 By Application: Revenue Share
FIG.12 Global Health care Market, By Application, 2014-2023,Revenue Forecast
FIG 14 Global Military and defense Market, By Application, 2014-2023,Revenue Forecast
FIG 15 Global Entertainment Market, By Application, 2014-2023,Revenue Forecast
FIG.16 Global Automotive Market, By Application, 2014-2023,Revenue Forecast
FIG.17 Global Sports and Fitness Market, By Application, 2014-2023,Revenue Forecast
FIG.18 Global Others Market, By Application, 2014-2023,Revenue Forecast
FIG.18 By Region:Overview
FIG.19 By Region:Revenue Share
FIG.20 North America Smart Textile Market, 2014 – 2023, (USD million) 
FIG.21 U.S Smart Textile Market, 2014 – 2023, (USD million) 
FIG.22 Canada Smart Textile Market, 2014 – 2023, (USD million) 
FIG.23 Mexico Smart Textile Market, 2014 – 2023, (USD million) 
FIG.24 Europe Smart Textile Market, 2014 – 2021, (USD million) 
FIG.25 U.K Smart Textile Market, 2014 – 2023, (USD million) 
FIG.26 France Smart Textile Market, 2014 – 2023, (USD million) 
FIG.27 Germany Smart Textile Market, 2014 – 2023, (USD million) 
FIG.28 Italy Smart Textile Market, 2014 – 2023, (USD million) 
FIG.29 Spain Smart Textile Market, 2014 – 2023, (USD million) 
FIG.30 Rest of Europe Smart Textile Market, 2014 – 2023, (USD million) 
FIG.31 Asia Pacific Smart Textile Market, 2014 – 2021, (USD million) 
FIG.32 India Smart Textile Market, 2014 – 2023, (USD million) 
FIG.33 China Smart Textile Market, 2014 – 2023, (USD million) 
FIG.34 Japan Smart Textile Market, 2014 – 2023, (USD million) 
FIG.35 Rest of Asia Pacific Smart Textile Market, 2014 – 2023, (USD million) 
FIG.36 Rest of the World Smart Textile Market, 2014 – 2023, (USD million) 
FIG.37 Latin America Smart Textile Market, 2014 – 2023, (USD million) 
FIG.38 Middle East Smart Textile Market, 2014 – 2023, (USD million) 
FIG.39 Africa Smart Textile Market, 2014 – 2023, (USD million) 
FIG.40 E.I. DuPont De Nemours and Co.. Annual Revenue, 2012 – 2014 (USD billion) 
FIG.41 Texas Instruments Inc. Annual Revenue 2012 – 2014, (USD billion) 
FIG.42 Koninklijke Ten Cate nv. Annual Revenue 2012– 2014, (USD million) 
FIG.43 Gentherm Inc Annual Revenue 2012– 2014, (USD billion) 

List of Tables

TABLE 1 Snapshot: Global Smart Textile Market
TABLE 2 North America Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 3 North America Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 4 U.S Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 5 U.S Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 6 Canada Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 7 Canada Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 8 Mexico Smart Textile Market, Revnue Forecast, By application,2014-2023
TABLE 9 Mexico Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 10 Europe Smart Textile Market, Revnue Forecast, By Application, 2014-2023
TABLE 11 Europe Smart Textile Market, Revnue Forecast, By Function, 2014-2023
TABLE 12 U.K Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 13 U.K Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 14 France Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 15 France Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 16 Germany Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 17 Germany Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 18 Italy Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 19 Italy Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 20 Spain Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 21 Spain Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 22 Rest of Europe Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 23 Rest of Europe Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 24 Asia Pacific Smart Textile Market, Revnue Forecast, By Application, 2014-2023
TABLE 25 Asia Pacific Smart Textile Market, Revnue Forecast, By Function, 2014-2023
TABLE 26 India Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 27 India Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 28 China Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 29 China Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 30 Japan Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 31 Japan Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 32 Rest of Asia Pacific Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 33 Rest of Asia Pacific Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 34 RoW Smart Textile Market, Revnue Forecast, By Application, 2014-2023
TABLE 35 RoW Smart Textile Market, Revnue Forecast, By Function, 2014-2023
TABLE 36 Latin America Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 37 Latin America Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 38 Middle-East Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 39 Middle-East Smart Textile Market, Revnue Forecast, By Function, 2014-2023 
TABLE 40 Africa Smart Textile Market, Revnue Forecast, By Application,2014-2023
TABLE 41 Africa Smart Textile Market, Revnue Forecast, By Function, 2014-2023 

Smart textile is embedded with electronic components which are interconnected with each other, thereby offering particular size and flexibility. The smart textile consists of components like sensors, actuators, control unit and many more. The smart textile is used for different application which includes health management, health monitoring, communication and actuation and response. These textiles are used in areas such as sports and fitness, automotive, military and defense, health care, entertainment and many others. The smart textile also helps in regulating body temperature, helps in controlling muscle vibrations and also helps to resist wind. These textiles also protect for environmental hazards such as radiations. 

The market is primarily driven by the increasing usage of nanotechnology in these fabrics. It produces fabrics with special functionality including UV protection, water and stain resistant, anti bacterial and many more. This nanotechnology includes nanoelectronics, nano materials and nano biotechnology. Where in combination of nanotechnology the engineering of fabrics is done at a molecular scale. It helps in modifying the fabrics to much more desirable properties than original fabrics. The market is also driven by the rising demand of wearable technology. This is one of the most important factors driving the market at a global level. Due to miniaturization of electronic components it has been possible to integrate the electronic components in textiles, making them as a part of wearable. 

The market is hindered due to high cost of production in smart textile market. The cost coupled with electronic devices and components further increase the price of these textiles. Due to high and excessive cost it has not scattered the market at this stage. Another major challenge faced by this industry is the incompatibility between the smart textile and electronic industry, as they have not worked strongly. Due to this factor it led to incompatible manufacturing practice between smart textile and electronics industries. More collaboration is required significantly to make some smart textile technology effective in the global market. 

Increasing number of research and development in recent years is acting as one of the major opportunities in the global smart textile market. With the increasing research and development in smart textile, new innovative products are expected to be developed that are likely to create growth opportunities of this market. It also helps the existing technology to be improvised and necessary advancement is likely to be done. 

The analysis of smart textile market is done on a global level and provides forecast in terms of revenue (USD million) from 2015 to 2023. It identifies the restraints and drivers affecting the industry and analyzes their impact during the estimated period. Further, it recognizes the key opportunities for market growth in the next few years. 

The smart textile market report is geographically segmented into North America, Europe, Asia-Pacific, and RoW (Rest of the World). These segments are predicted in terms of revenue (USD). The market has been segmented on the basis of functions including energy harvesting, sensing, thermo electricity, luminescent and others. These segments have also been estimated based on geography in terms of revenue (USD million). 

The study includes market attractiveness analysis, where the applications are benchmarked based on growth rate, market scope, and general attractiveness. The report includes company market share analysis of various industry participants. 

The key players have also been profiled based on the basis of company overview, business strategies, financial overview, and recent developments. Major market players in this market are Globe Manufacturing Company, LLC (U.S), E.I. DuPont De Nemours and Co. (U.S), Milliken & Company (U.S), Ohmatex ApS (Denmark), Outlast Technologies LLC (U.S), Texas Instruments Inc (U.S), Koninklijke Ten Cate nv (The Netherland), Schoeller Technologies AG (Switzerland), Gentherm Inc (U.S), Noble Biomaterials Inc. (U.S) among others. 

The smart textile market has been segmented as: 

Global Smart Textile Market: By Function

  • Energy harvesting
  • Sensing
  • Thermo electricity
  • Luminescent
  • Others

Global Smart Textile Market: By Application

  • Health Care
  • Military and defense
  • Entertainment
  • Automotive
  • Sports and fitness
  • Others

Global Smart Textile Market, by Geography:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Italy
    • Spain
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Rest of Asia Pacific
  • RoW
    • Latin America
    • Middle-East
    • Africa