Global Smart Textiles Market to Reach USD 28.5 Billion by 2033, Bolstered by Development of Innovative Product Variants

November 19, 2024 | Technology & Media

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The latest report by IMARC Group, titled “Smart Textiles Market Report by Type (Passive Smart Textile, Active Smart Textile), Functionality (Sensing, Energy Harvesting, Luminescence and Aesthetics, Thermoelectricity, and Others), End-Use Sector (Military and Protection, Healthcare, Sports and Fitness, Fashion and Entertainment, Transportation, Architecture, and Others), and Region 2025-2033,” finds that the global smart textiles market reached a value of USD 4.9 Billion in 2024. Smart textiles refer to materials that are integrated with technologies to provide the wearer with increased functionality. The fabrics are embedded with conductive threads, electronic components, and advanced technologies. They make use of components such as lights, batteries, sensors, light-emitting diodes (LEDs), and hands-free computing devices. Smart textiles sense and react to environmental conditions and stimuli from thermal, mechanical, chemical, and magnetic sources. They are increasingly gaining popularity due to their ability to reduce wind resistance, regulate body temperature, adjust the breathability of the fabric, and control muscle vibration according to environmental changes. As a result, smart textiles find applications across the military and defense, healthcare, transportation, entertainment, sports and fitness, and automotive sectors.

Global Smart Textiles Market Trends:

The market is primarily driven by the rising miniaturization of electronics as smart textiles offer enhanced comfort to users. They are also used to communicate the information of the wearer, including physiological parameters like location, heart rate, perspiration, blood pressure, and temperature. In addition to this, the integration of artificial intelligence (AI) and the Internet of Things (IoT) with textiles has enabled defect detection, pattern inspection, and color matching, which is fueling the market growth. Furthermore, increasing research and development (R&D) activities and the launch of innovative product variants are also creating a positive market outlook. Looking forward, the market is expected to reach a value of USD 28.5 Billion by 2033, exhibiting a CAGR of 20.4% during the forecast period (2025-2033).

Market Summary:

Based on the type, the market has been segmented into passive and active smart textiles.
On the basis of the functionality, the market has been classified into sensing, energy harvesting, luminescence and aesthetics, thermoelectricity, and others.
The market has been categorized based on the end-use sector into military and protection, healthcare, sports and fitness, fashion and entertainment, transportation, architecture, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being AiQ Smart Clothing Inc., Hexoskin (Carré Technologies Inc.), Interactive Wear AG, Outlast Technologies GmbH, Schoeller Textil AG, Sensoria Health Inc., Wearable X, Xenoma Inc., etc.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Type, Functionality, End-Use Sector, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AiQ Smart Clothing Inc., Hexoskin (Carré Technologies Inc.), Interactive Wear AG, Outlast Technologies GmbH, Schoeller Textil AG, Sensoria Health Inc., Wearable X, Xenoma Inc., etc.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Smart Textiles Market to Reach USD 28.5 Billion by 2033, Bolstered by Development of Innovative Product Variants

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