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Smart Fabrics - Global Market Trajectory & Analytics

  • ID: 595582
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AiQ Smart Clothing Inc.
  • Dow Inc.
  • Intelligent Clothing Ltd.
  • Marktek Inc.
  • Ohmatex ApS
  • Schoeller Textiles AG
Global Smart Fabrics Market to Reach $11.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Smart Fabrics estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$11.4 Billion by 2027, growing at a CAGR of 18% over the analysis period 2020-2027. Transportation, one of the segments analyzed in the report, is projected to record a 16.3% CAGR and reach US$2.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Defense/Government segment is readjusted to a revised 16.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 17.4% CAGR

The Smart Fabrics market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 17.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.8% and 15.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.

Fitness & Sports Segment to Record 18.4% CAGR

In the global Fitness & Sports segment, USA, Canada, Japan, China and Europe will drive the 18.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$523.5 Million in the year 2020 will reach a projected size of US$1.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2027.

Select Competitors (Total 71 Featured):
  • AiQ Smart Clothing Inc.
  • Clothing+
  • Dow Inc.
  • EXO2
  • Globe Manufacturing Company LLC
  • Intelligent Clothing Ltd.
  • Interactive Wear AG
  • Marktek Inc.
  • Milliken & Company
  • Ohmatex ApS
  • Outlast Technologies LLC
  • Schoeller Textiles AG
  • Sensoria Inc.
  • Smartex s.r.l
  • Toray Industries Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AiQ Smart Clothing Inc.
  • Dow Inc.
  • Intelligent Clothing Ltd.
  • Marktek Inc.
  • Ohmatex ApS
  • Schoeller Textiles AG
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Smart Fabrics: When Technology Meets Textile!
  • Recent Market Activity
  • Smart Fabrics - A Nascent Yet High Growth Market
  • Growth Drivers and Market Restraints - In a Nutshell
  • R&D Initiatives, Technology Innovations and Material Advancements: Playing a Critical Role in Expansion of Smart Fabrics Market
  • Promising Future Ahead for the Smart Textiles Market
  • Expanding Applications Bode Well for Smart Fabrics Market
  • Smart T-Shirts & Jackets: Promising Segments in Smart Fabrics Market
  • Developed Markets Hold Ground in Smart Fabrics Market, Developing Economies Positioned for Long-term Growth
  • High Cost, Compatibility & Power Supply Issues, and Privacy Concerns: Major Concerns to Address for the Smart Fabrics Market
  • Integration of Sensors into Garments - A Major Challenge for Smart Fabric Makers
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • AiQ Smart Clothing, Inc. (Taiwan)
  • Clothing+ (Finland)
  • DowDuPont, Inc. (USA)
  • EXO2 (USA)
  • Globe Manufacturing Company, LLC (USA)
  • Hexoskin (Canada)
  • Intelligent Clothing Ltd. (UK)
  • Interactive Wear AG (Germany)
  • International Fashion Machines, Inc. (USA)
  • Marktek, Inc. (USA)
  • Milliken & Company (USA)
  • Noble Biomaterials, Inc. (USA)
  • Ohmatex ApS (Denmark)
  • Outlast Technologies LLC (USA)
  • Schoeller Textiles AG (Switzerland)
  • Sensoria, Inc. (USA)
  • Smartex s.r.l (Italy)
  • Toray Industries, Inc. (Japan)
3. MARKET TRENDS & DRIVERS
  • Industry Evolves from Passive to Active to Ultra-Smart Textiles
  • Smart Clothing Transforming the Wearable Technology Products Market
  • Smart Fabrics - the Next Big Wave of Wearables
  • Microencapsulation & Nanotechnology: Harbingers of Future Growth
  • Military - A Lucrative End-Use Sector
  • Increased R&D Initiatives in Smart Textiles for Military Applications
  • Healthcare - The Fastest Growing Application Market for Smart Textiles
  • Smart Textile Applications in Healthcare Industry
  • Smart Clothing Gains Acceptance in Neonatal Monitoring
  • Wearable Biomedical Sensors - A Potential Market Segment
  • Smart Sutures
  • Smart Socks Grow in Demand
  • A Glance at Few Startups in the Smart Medical Textiles Market
  • Telemonitoring for the Elderly: Opportunities for Smart Textiles Market
  • Aging Population: Opportunity for Telemonitoring
  • Smart Fabrics for Transportation Market: The Major End-Use Segment
  • Sports & Fitness - A Significant Revenue Contributor
  • Smart Inner Wear & Socks - Unique Wearables for Sports & Fitness Market
  • New Smart Wearables for Ensure Better Workouts
  • Improving Performance of Athletes in Professional Sports
  • Smart Clothing with Thermal Changes
  • Growing Use in the Fashion Industry Drives Smart Textiles Market
  • An Insight into Select Smart Fashion Brands
  • Ambient Computing Key to Fashion Technology
  • Demand for Smart Textiles in Space Application Grows
  • Energy-Producing Textiles Offer High Growth Potential
  • Smart Workwear - Addressing Needs of Employees in Hazardous Environments
  • Light Conducting Fibers Hold Enormous Potential
  • Self-Cleaning Textiles: The Focus of Innovations in Smart Fabrics Market
  • RMIT University Researchers Develop Self-Cleaning Nano-Enhanced Textiles
  • Smart Fabric Designs: Focus on Simplifying Interactions
  • Actuation and Response Applications Determine Market for SFITs
  • Product Innovations Stimulate Growth in Smart Fabrics Market
  • A Review of Select Product Developments in the Smart Fabric Market
  • A Look at Other Recent Launches/Developments in the Smart Fabric Market
  • Rigorous R&D Investments Spearhead Growth
  • Multidisciplinary Approach to a Complex R&D Structure
  • Public Funding for Smart Textiles R&D
  • A Review of Select Smart Fabric Research Initiatives
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Smart Fabrics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Smart Fabrics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Smart Fabrics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
  • Table 4: World Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 7: World Current & Future Analysis for Defense/Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Defense/Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Defense/Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 10: World Current & Future Analysis for Fitness & Sports by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Fitness & Sports by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Fitness & Sports by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 13: World Current & Future Analysis for Commercial/Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Commercial/Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Commercial/Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 16: World Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 19: World Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 22: USA Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 23: USA Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 24: USA 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • CANADA
  • Table 25: Canada Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Canada Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 27: Canada 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • JAPAN
  • Table 28: Japan Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 29: Japan Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 30: Japan 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • CHINA
  • Table 31: China Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 32: China Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 33: China 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • EUROPE
  • Table 34: Europe Current & Future Analysis for Smart Fabrics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 35: Europe Historic Review for Smart Fabrics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 36: Europe 15-Year Perspective for Smart Fabrics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
  • Table 37: Europe Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 38: Europe Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 39: Europe 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • FRANCE
  • Table 40: France Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 41: France Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 42: France 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • GERMANY
  • Table 43: Germany Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Germany Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 45: Germany 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • ITALY
  • Table 46: Italy Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 47: Italy Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 48: Italy 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • UNITED KINGDOM
  • Table 49: UK Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: UK Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 51: UK 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • REST OF EUROPE
  • Table 52: Rest of Europe Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 53: Rest of Europe Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 54: Rest of Europe 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • ASIA-PACIFIC
  • Table 55: Asia-Pacific Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: Asia-Pacific Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 57: Asia-Pacific 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
  • REST OF WORLD
  • Table 58: Rest of World Current & Future Analysis for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 59: Rest of World Historic Review for Smart Fabrics by Application - Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 60: Rest of World 15-Year Perspective for Smart Fabrics by Application - Percentage Breakdown of Value Sales for Transportation, Defense/Government, Fitness & Sports, Commercial/Industrial, Healthcare and Other End-Uses for the Years 2012, 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 71
Note: Product cover images may vary from those shown
  • AiQ Smart Clothing Inc.
  • Clothing+
  • Dow Inc.
  • EXO2
  • Globe Manufacturing Company LLC
  • Intelligent Clothing Ltd.
  • Interactive Wear AG
  • Marktek Inc.
  • Milliken & Company
  • Ohmatex ApS
  • Outlast Technologies LLC
  • Schoeller Textiles AG
  • Sensoria Inc.
  • Smartex s.r.l
  • Toray Industries Inc.
Note: Product cover images may vary from those shown
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