This professional and specialized report study examines the technical and business perspective of the smart textile industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the smart textile market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall smart textile market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Tons) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the smart textile market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the smart textile market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the smart textile market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the smart textile market.
The research study provides a critical assessment of the smart textile industry by logically segmenting the market on the basis of product, end-use, functionality, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the smart textile industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The development of new technologies such as nanotechnology and Bluetooth Low Energy (BLE) technology is attributed to the development of the smart textiles market. Similarly, the decreasing manufacturing costs of electronics is anticipated to boost the smart textiles market in the upcoming years. Innovative intelligent fabric with the ability to generate power to light clothes was invented in Portugal by the Center of Nanotechnology and Smart Materials (CeNTI). Such innovations prove to create new opportunities for smart textile markets in the future.
The smart textile market is segmented based on product, end-use, and functionality. On the basis of product segmentation, the market is classified into Passive, Active, Very Smart. In terms of end-use segmentation, the market is bifurcated into Fashion & Entertainment, Sports & Fitness, Medical, Transportation, Protection & Military, Architecture. On the basis of functionality segmentation, the market is classified into sensing, Energy Harvesting, Luminescence & Aesthetics, Thermoelectricity, and others.
Some of the essential players operating in the smart textile market, but not restricted to include AiQ Smart Clothing Inc., EXO2, Mide Technology Corporation, OhmatexApS, Thermosoft International Corporation, Adidas AG, Clothing+ (Jabil Circuit, Inc.), Gentherm, Inc., Nike, Inc., Sensing Tex SL, and others.
This report segments the smart textile market as follows:
Global Smart Textile Market: By Product Segment Analysis
Global Smart Textile Market: By End-Use Segment Analysis
Global Smart Textile Market: By Functionality Segment Analysis
Global Smart Textile Market: Regional Segment Analysis
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
Key Insights from Primary Research
Key Recommendations from Analysts
Global Smart Textile Market Share- 2018
Our Analysts and Consultants are working ceaselessly to congregate, identify, analyze, and portray the Actual Impacts of COVID-19 Global Pandemic in each of our published as well as ongoing research reports to Redefine and Revise Current and Future Market Trends, Growth Rates, And Market Size Projections across the Globe as well as in different Regions and individual Countries.
Still haven't found what you're looking for? Speak to our Custom Research TeamLearn More