What is Smart Fabrics and Textiles Market?
Smart textiles, or smart fabrics, are fabrics that allow digital components such as a battery & light, and electronics to be embedded in them. They have been designed and manufactured to include technologies that provide the wearer with increased functionality. These textiles have several potential applications, such as the ability to communicate with other devices, transform into other materials, conduct energy, and protect the wearer from environmental hazards. There are three types of smart fabrics and textiles such as active, passive, and ultra. It is extensively used in military, civil, healthcare, among other applications.
The market study is being classified by Type (Passive Smart Fabrics and Textiles, Active Smart Fabrics and Textiles and Ultra-Smart Fabrics and Textiles), by Application (Military Uses, Civil Uses, Healthcare Uses and Other) and major geographies with country level break-up.
Textronics, Inc. (United States), Milliken & co (United States), Toray Industries, Inc. (Japan), Peratech (United Kingdom), DuPont (United States), Clothing plus Oy (Finland), Outlast Technologies (United States), d3o lab (United Kingdom), Schoeller Textiles AG (Switzerland) and Texas Instruments (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Ohmatex ApS (Denmark) and Pireta Ltd (United Kingdom).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Smart Fabrics and Textiles market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Smart Fabrics and Textiles market by Type, Application and Region.
On the basis of geography, the market of Smart Fabrics and Textiles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Rising Demand for Protection & Safety Wearers
- Miniaturization of Electronic Components
- The Surging Demand for Smart Fabrics from Military Segment
- Increasing Use of Wearable Electronics
- The Increasing Demand for Smart Fabrics from Healthcare Industry
Market Trend
- Technological Advancements in Textile Science
Restraints
- A High Cost of the Product
Opportunities
- The Emerging Demand from Developing Countries
- Continuous Research & Developments
Market Leaders and some development strategies
On 19 Oct 2018, The Centre for Process Innovation (CPI) is collaborating on a project to support the development of next-generation smart clothing. Working with Pireta Limited, CPI is using its industry expertise in the printed electronics sector to aid scale-up of wearable technology in textiles.
On 17 Jan 2018, DuPont Advanced Materials (DuPont) has announced its latest smart clothing technology under a new brand identity DuPont Intexar. The company will showcase various examples of Intexar smart clothing technology used for sports, fitness, and wellness at the upcoming 4th Wearable Expo in Tokyo Big Sight.
Key Target Audience
Smart Fabrics and Textiles Manufacturers, Smart Fabrics and Textiles Traders/Distributors, Smart Fabrics and Textiles Importer/Exporter, Technology Investors, Regulatory & Government Bodies, End Users and Others