Market Overview:
The global smart textile material market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into passive smart textile material, active smart textile material, and ultra-smart smart textile material. Active Smart Textile Material held a dominant share in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to increasing demand for advanced fabrics with enhanced functionality in various applications such as sports & fitness, medical care, transportation etc. By application, fashion & entertainment accounted for majority share in 2017 and is projected to maintain its dominance during the forecast period owing to growing demand for technologically advanced clothing products across regions worldwide.
Product Definition:
Smart textile materials are those that can sense, respond to, or interact with their environment. They can do this in a number of ways, including through changes in color, shape, or texture; the release of heat, light, sound, or scent; or the ability to conduct electricity. This makes them useful for a variety of applications such as clothing and accessories that change color or pattern in response to temperature changes; seat covers that heat up on cold days and cool down on hot days; curtains that open and close automatically based on how much light is coming into the room; backpacks that alert you when you have left your phone behind; etc.
Passive Smart Textile Material:
Passive smart textile material is a new term in the field of textiles. It is an intelligent fabric which can react to its surrounding environment by changing its physical properties such as temperature, pH or chemical composition. The technology has been used for many years in the electronics industry and now it's being introduced into the textile industry also.
The major application areas where passive smart textiles are used include safety clothing, protective clothing, medical wearables.
Active Smart Textile Material:
Active smart textile material is a new term that refers to the combination of conductive fibers and synthetic or natural textiles. The most common types of active smart materials are made from carbon nanotubes, silver nanowires, and micro-coils. These materials have applications in clothing as well as other products such as sportswear & leisure wear.
Application Insights:
The fashion and entertainment application segment led the global smart textiles market in 2017. This is attributed to rising demand for clothing from various sectors such as retail, high street stores, fast fashion retailers and e-commerce websites. The increasing popularity of social media has also played a major role in promoting new trends and fashions through digital marketing which has boosted the sales of fashionable clothing worldwide.
The sports and fitness application segment accounted for over 15% share of the total revenue in 2017 owing to growing demand for sportswear especially among youth sub-segments across various regions globally. Moreover, increasing participation levels among women athletes across all age groups is expected to boost product demand over the forecast period significantly.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing population in these countries has led to an increase in consumer demand for clothing apparel and bedding products among others. This trend is projected to positively influence industry growth over the next few years.
North America accounted for a significant share of revenue owing to early adoption of smart textiles across various applications such as fashion & entertainment, sports & fitness, medical transportation defense architecture Others). The growing popularity of smart textiles across different application sectors has encouraged major players operating within North America textile industry also known as technical textile industry) have been shifting their manufacturing facilities globally where labor costs are low thus making it more profitable than high-cost regions such as Europe or Asia Pacific (APAC).
Growth Factors:
- Increasing demand for smart textile materials from the automotive industry for use in airbags, seatbelts, and other safety-related applications
- Growing demand from the medical sector for use in wound dressings, implants, and other medical devices
- Rising popularity of wearable technology and increasing demand for smart textiles to be used in clothing and other wearable accessories
- Proliferation of digital printing technologies that allow manufacturers to create custom designs on textiles more easily and at lower costs
- Increased research and development spending by major players in the smart textile material market to develop new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Textile Material Market Research Report
By Type
Passive Smart Textile Material, Active Smart Textile Material, Ultra-Smart Smart Textile Material
By Application
Fashion & Entertainment, Sports & Fitness, Medical, Transportation, Defense & Military, Architecture, Other
By Companies
Textronics, Milliken, Toray Industries, Peratech, DuPont, Clothing+, Outlast, d3o lab, Schoeller Textiles AG, Texas Instruments, Exo2, Vista Medical Ltd., Ohmatex ApS, Interactive Wear AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Smart Textile Material Market Report Segments:
The global Smart Textile Material market is segmented on the basis of:
Types
Passive Smart Textile Material, Active Smart Textile Material, Ultra-Smart Smart Textile Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fashion & Entertainment, Sports & Fitness, Medical, Transportation, Defense & Military, Architecture, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Textronics
- Milliken
- Toray Industries
- Peratech
- DuPont
- Clothing+
- Outlast
- d3o lab
- Schoeller Textiles AG
- Texas Instruments
- Exo2
- Vista Medical Ltd.
- Ohmatex ApS
- Interactive Wear AG
Highlights of The Smart Textile Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Passive Smart Textile Material
- Active Smart Textile Material
- Ultra-Smart Smart Textile Material
- By Application:
- Fashion & Entertainment
- Sports & Fitness
- Medical
- Transportation
- Defense & Military
- Architecture
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Textile Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart textile material is a type of fabric that can be controlled using electronic or digital technologies. This allows for the material to be tailored to specific needs, such as temperature regulation or noise reduction.
Some of the major companies in the smart textile material market are Textronics, Milliken, Toray Industries, Peratech, DuPont, Clothing+, Outlast, d3o lab, Schoeller Textiles AG, Texas Instruments, Exo2, Vista Medical Ltd., Ohmatex ApS, Interactive Wear AG.
The smart textile material market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Textile Material Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Smart Textile Material Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Smart Textile Material Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Smart Textile Material Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Smart Textile Material Market Size & Forecast, 2020-2028 4.5.1 Smart Textile Material Market Size and Y-o-Y Growth 4.5.2 Smart Textile Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Passive Smart Textile Material
5.2.2 Active Smart Textile Material
5.2.3 Ultra-Smart Smart Textile Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fashion & Entertainment
6.2.2 Sports & Fitness
6.2.3 Medical
6.2.4 Transportation
6.2.5 Defense & Military
6.2.6 Architecture
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Textile Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Textile Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Passive Smart Textile Material
9.6.2 Active Smart Textile Material
9.6.3 Ultra-Smart Smart Textile Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fashion & Entertainment
9.10.2 Sports & Fitness
9.10.3 Medical
9.10.4 Transportation
9.10.5 Defense & Military
9.10.6 Architecture
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Passive Smart Textile Material
10.6.2 Active Smart Textile Material
10.6.3 Ultra-Smart Smart Textile Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fashion & Entertainment
10.10.2 Sports & Fitness
10.10.3 Medical
10.10.4 Transportation
10.10.5 Defense & Military
10.10.6 Architecture
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Passive Smart Textile Material
11.6.2 Active Smart Textile Material
11.6.3 Ultra-Smart Smart Textile Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fashion & Entertainment
11.10.2 Sports & Fitness
11.10.3 Medical
11.10.4 Transportation
11.10.5 Defense & Military
11.10.6 Architecture
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Passive Smart Textile Material
12.6.2 Active Smart Textile Material
12.6.3 Ultra-Smart Smart Textile Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fashion & Entertainment
12.10.2 Sports & Fitness
12.10.3 Medical
12.10.4 Transportation
12.10.5 Defense & Military
12.10.6 Architecture
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Passive Smart Textile Material
13.6.2 Active Smart Textile Material
13.6.3 Ultra-Smart Smart Textile Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fashion & Entertainment
13.10.2 Sports & Fitness
13.10.3 Medical
13.10.4 Transportation
13.10.5 Defense & Military
13.10.6 Architecture
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Textile Material Market: Competitive Dashboard
14.2 Global Smart Textile Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Textronics
14.3.2 Milliken
14.3.3 Toray Industries
14.3.4 Peratech
14.3.5 DuPont
14.3.6 Clothing+
14.3.7 Outlast
14.3.8 d3o lab
14.3.9 Schoeller Textiles AG
14.3.10 Texas Instruments
14.3.11 Exo2
14.3.12 Vista Medical Ltd.
14.3.13 Ohmatex ApS
14.3.14 Interactive Wear AG