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The global smart textiles market was valued at US$ 3.0 Billion in 2021.
We expect the global smart textiles market to exhibit a CAGR of 29.1% during 2022-2027.
The emerging trend of device miniaturization, along with the increasing integration of smart textiles
with wearable devices, is primarily driving the global smart textiles market.
The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of smart textiles for
regulating body temperatures as a preventive measure against the coronavirus infection and offer
enhanced comfort to the users.
Based on the type, the global smart textiles market can be segmented into passive smart textile and
active smart textile. Currently, active smart textile holds the majority of the total market share.
Based on the functionality, the global smart textiles market has been divided into sensing, energy
harvesting, luminescence and aesthetics, thermoelectricity, and others. Among these, energy harvesting
currently exhibits a clear dominance in the market.
Based on the end-use sector, the global smart textiles market can be categorized into military and
protection, healthcare, sports and fitness, fashion and entertainment, transportation, architecture, and
others. Currently, the military and protection sector accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global smart textiles market include Adidas AG, AiQ Smart Clothing
Inc., Clothing+, Dupont De Nemours Inc., Gentherm Incorporated, Google LLC, Interactive Wear AG,
Ohmatex A/S, Schoeller Textil AG, Sensoria Inc., Texas Instruments Incorporated, Textronics, Vista
Medical Ltd., etc.
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