Smart Fabric Market By Fabric Type (Passive Smart Fabrics, Active Fabrics, Ultra-smart Fabrics), By Functionality (Sensing, Energy Harvesting, Luminescence & Aesthetics, Thermoelectricity, Others), By Application (Protection & Military, Fashion & Entertainment, Sports & Fitness, Medical, Transportation, Architecture) - Growth, Future Prospects, and Competitive Analysis, 2019 - 2027
Key Market Insights
"To improve productivity, industries are adopting smart fabric"
The fabrics that have digital and electronics components entrenched in them are referred as E-textiles or electronic textiles or smart fabrics. These fabrics have the ability to recognize and sense stimuli from the surroundings and adapt & respond to those stimuli in a pre-programmed way. Their capability to grow, correspond, transform, and even conduct energy makes them different from the normal textiles, thus adding worth to the wearer. With the technological advancement in the electronics industry such as nanotechnology, the smart fabric market is a budding market, created as a result of the tininess of electronics and drop in the costs of electronics as well as manufacturing charges, of both semiconductors and textiles.
The rising usage of electronic devices in everyday life is impelling the worldwide smart fabrics market as a result of the foremost implementation of smart textiles as an electronics device. With the integration of electronic components in smart textiles, they are used in various applications such as health management, actuation, response, and communication. These textiles help to control muscle vibrations, regulate body temperatures, and protect from environmental hazards such as radiation.
On the other hand, the major restraint for the smart textile market is the high cost of production. Smart textiles require high-end materials and are highly sophisticated due to which perfect cost-price balance is not achieved by manufacturers. The market is hindered due to the cost of electronic devices and components, which further increases the prices of smart textiles.
Overall, the global smart fabric market was US$ 876.3 Mn in 2018 and expected to reach US$ 7,425.5 Mn by 2027, growing at a CAGR of 26.8% from 2019 to 2027.
Fabric Type Segment Analysis
"Passive segment dominating the market"
Passive smart fabrics capture the major share of the global market in 2018. The passive smart fabrics are wearable clothing that can sense the user movement and the surrounding environment. This segment led the market in 2018 due to low product prices compared to the other two sub-segments and fewer complex functionalities than other variants. However, active & ultra-smart fabric has the ability to sense, react, and adapt its behavior to the given circumstances. With the advancement in AI and nanotechnology both these segments expected to witness the highest CAGR over the forecast period on account of its ability to effectively deal with life-threatening circumstances, such as accidents or battlefields or to maintain high levels of comfort even during extreme environmental changes.
Regional Analysis
"North America dominating the global market by region"
North America is expected to hold the largest share of the global market by 2025 and is also projected to be the fastest-growing regional market. This can be attributed to the increasing product demand in the transportation and healthcare industries in North America. The Asia Pacific is also anticipated to witness steady growth in the years to come. Along with it, the presence of major companies such as Nike and Adidas have further added advantages to the regional growth of the market.
The availability of low-cost raw materials and labor in Asian countries, such as China, Japan, and India, has transformed it into a manufacturing hub for such technology. This has led to a decline in the overall production of smart fabrics in the European region. However, an increasing number of R&D activities for such intelligent fabrics sponsored within the EU FP6 and FP7 programs are revitalizing the industry in the European countries.
"Technological advancement is keeping the market competitive"
The global smart fabric market is competitive. Prominent players operating in the smart fabric market are adopting strategies such as a partnership with other companies, acquisition of smaller players to increase their production capacity and geographical reach. Following is the list of players included in the published reports.
List of Companies Covered:
- AIQ Smart Clothing Inc.
- Adidas AG
- NIKE Inc.
- ThermoSoft International Corporation
- Kolon Industries Inc.
- Interactive Wear AG
- Ohmatex
- Schoeller Textil AG
- Sensoria Inc.
- OTEX Specialty Narrow Fabrics Inc.
- Others
Key Industry Development:
- In September 2019, Levi’s has announced that new jackets with Google’s Project Jacquard technology, which turns a portion of the fabric on the sleeve into a touch-sensitive remote control for phones. Both versions are less expensive and much more like the original versions of Levi’s jackets.
Historical & Forecast Period
The research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Market Segmentation
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | US$ Million |
| Segmentation |
Fabric Type Segment (2017-2027; US$ Mn) |
|
Functionality Segment (2017-2027; US$ Mn) |
|
|
Application Segment (2017-2027; US$ Mn) |
|
|
Geography Segment (2017–2027; US$ Mn) |
The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the global smart fabric market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.
Unique data points of this report
- Recent trends across different regions in terms of the development of the smart fabric market
- Attractive investment proposition for application segment as well as geography
Key questions answered in this report
- What was the market size of the smart fabric market in 2018 and forecast up to 2027?
- What are the key factors driving the global smart fabric market?
- What are the key market trends and high-growth opportunities observed in the smart fabric market?
- Which is the largest regional market for the smart fabric market?
- Which segment will grow at a faster pace? Why?
- Which region will drive the market growth? Why?
- Which players are leading the smart fabric market?
- What are the key strategies adopted by the leading players operating in the market?
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Smart Fabric (SF) Market
2.2. Global SF Market, by Fabric Type, 2018 (US$ Mn)
2.3. Global SF Market, by Functionality, 2018 (US$ Mn)
2.4. Global SF Market, by Application, 2018 (US$ Mn)
2.5. Global SF Market, by Geography, 2018 (US$ Mn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global SF Market Value, 2017 – 2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Market Trends
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Smart Fabric (SF) Market, by Fabric Type , 2017 – 2027 (US$ Mn)
4.1. Overview
4.2. Passive Smart Fabrics
4.3. Active Fabrics
4.4. Ultra-smart Fabrics
5. Global Smart Fabric (SF) Market, by Functionality, 2017 – 2027 (US$ Mn)
5.1. Overview
5.2. Sensing
5.3. Energy Harvesting
5.4. Luminescence & Aesthetics
5.5. Thermoelectricity
5.6. Others
6. Global Smart Fabric (SF) Market, by Application, 2017 – 2027 (US$ Mn)
6.1. Overview
6.2. Protection & Military
6.3. Fashion & Entertainment
6.4. Sports & Fitness
6.5. Medical
6.6. Transportation
6.7. Architecture
7. North America Smart Fabric (SF) Market Analysis, 2017 – 2027 (US$ Mn)
7.1. Overview
7.1.1. North America SF Market Value and Growth, 2017 – 2027, (US$ Mn)
7.2. North America SF Market Value, By Fabric Type, 2017 – 2027 (US$ Mn)
7.2.1. Market Analysis
7.3. North America SF Market Value, By Functionality, 2017 – 2027 (US$ Mn)
7.3.1. Market Analysis
7.4. North America SF Market Value, By Application, 2017 – 2027 (US$ Mn)
7.4.1. Market Analysis
7.5. North America SF Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America
8. Europe Smart Fabric (SF) Market Analysis, 2017 – 2027 (US$ Mn)
8.1. Overview
8.1.1. Europe SF Market Value and Growth, 2017 – 2027, (US$ Mn)
8.2. Europe SF Market Value, By Fabric Type, 2017 – 2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe SF Market Value, By Functionality, 2017 – 2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe SF Market Value, By Application, 2017 – 2027 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe SF Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe
9. Asia Pacific Smart Fabric (SF) Market Analysis, 2017 – 2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific SF Market Value and Growth, 2017 – 2027, (US$ Mn)
9.2. Asia Pacific SF Market Value, By Fabric Type, 2017 – 2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific SF Market Value, By Functionality, 2017 – 2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific SF Market Value, By Application, 2017 – 2027 (US$ Mn)
9.4.1. Market Analysis
9.5. Asia Pacific SF Market Value, By Region/Country, 2017 – 2027 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific
10. Rest of the World Smart Fabric (SF) Market Analysis, 2017 – 2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World SF Market Value and Growth, 2017 – 2027, (US$ Mn)
10.2. Rest of the World SF Market Value, By Fabric Type, 2017 – 2027 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World SF Market Value, By Functionality, 2017 – 2027 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World SF Market Value, By Application, 2017 – 2027 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World SF Market Value, By Region, 2017 – 2027 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America
11. Company Profiles
11.1. AIQ Smart Clothing Inc.
11.2. Adidas AG
11.3. NIKE Inc.
11.4. ThermoSoft International Corporation
11.5. Kolon Industries Inc.
11.6. Interactive Wear AG
11.7. Ohmatex
11.8. Schoeller Textil AG
11.9. Sensoria Inc.
11.10. OTEX Specialty Narrow Fabrics Inc.
*SF - Smart Fabric
TABLE 1 Market Snapshot: Global Smart Fabric (SF) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global SF Market, by Fabric Type, 2017-2027, (US$ Mn)
TABLE 5 Global SF Market, by Functionality, 2017-2027, (US$ Mn)
TABLE 6 Global SF Market, by Application, 2017-2027, (US$ Mn)
TABLE 7 Global SF Market Value, by Region/Country, 2017 - 2027, (US$ Mn)
TABLE 8 North America SF Market, by Fabric Type, 2017-2027, (US$ Mn)
TABLE 9 North America SF Market, by Functionality, 2017-2027, (US$ Mn)
TABLE 10 North America SF Market, by Application, 2017-2027, (US$ Mn)
TABLE 11 North America SF Market Value, by Region/Country, 2017 - 2027, (US$ Mn)
TABLE 12 Europe SF Market, by Fabric Type, 2017-2027, (US$ Mn)
TABLE 13 Europe SF Market, by Functionality, 2017-2027, (US$ Mn)
TABLE 14 Europe SF Market, by Application, 2017-2027, (US$ Mn)
TABLE 15 Europe SF Market Value, by Region/Country, 2017 – 2027, (US$ Mn)
TABLE 16 Asia Pacific SF Market, by Fabric Type, 2017-2027 (US$ Mn)
TABLE 17 Asia Pacific SF Market, by Functionality, 2017-2027 (US$ Mn)
TABLE 18 Asia Pacific SF Market, by Application, 2017-2027 (US$ Mn)
TABLE 19 Asia Pacific SF Market Value, by Region/Country, 2017 – 2027, (US$ Mn)
TABLE 20 Rest of the World SF Market, by Fabric Type, 2017 - 2027, (US$ Mn)
TABLE 21 Rest of the World SF Market, by Functionality, 2017 - 2027, (US$ Mn)
TABLE 22 Rest of the World SF Market, by Application, 2017 - 2027, (US$ Mn)
TABLE 23 Rest of the World SF Market Value, by Region, 2017 - 2027, (US$ Mn)
TABLE 24 AIQ Smart Clothing Inc.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Adidas AG: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 NIKE Inc.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 ThermoSoft International Corporation Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Kolon Industries Inc.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Interactive Wear AG: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 Ohmatex: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Schoeller Textil AG: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 Sensoria Inc.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 OTEX Specialty Narrow Fabrics Inc.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
FIG. 1 Global Smart Fabric (SF) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global SF Market Segmentation
FIG. 4 Global SF Market, by Fabric Type, 2018, (US$ Mn)
FIG. 5 Global SF Market, by Functionality, 2018, (US$ Mn)
FIG. 6 Global SF Market, by Application, 2018, (US$ Mn)
FIG. 7 Global SF Market, by Geography, 2018 (US$ Mn)
FIG. 8 Global SF Market Value, 2017 - 2027, (US$ Mn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key SF Manufacturers & Providers, 2018
FIG. 11 Global SF Market Value Share, by Fabric Type, 2018 & 2027 (Value %)
FIG. 12 Global SF Market Value for Passive, 2017 – 2027, (US$ Mn)
FIG. 13 Global SF Market Value for Active, 2017 – 2027, (US$ Mn)
FIG. 14 Global SF Market Value for Ultra-smart, 2017 – 2027, (US$ Mn)
FIG. 15 Global SF Market Value Share, by Functionality, 2018 & 2027 (Value %)
FIG. 16 Global SF Market Value for Sensing, 2017 – 2027, (US$ Mn)
FIG. 17 Global SF Market Value for Energy Harvesting, 2017 – 2027, (US$ Mn)
FIG. 18 Global SF Market Value for Luminescence & Aesthetics, 2017 – 2027, (US$ Mn)
FIG. 19 Global SF Market Value for Thermoelectricity, 2017 – 2027, (US$ Mn)
FIG. 20 Global SF Market Value for Others, 2017 – 2027, (US$ Mn)
FIG. 21 Global SF Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 22 Global SF Market Value for Protection & Military, 2017 – 2027, (US$ Mn)
FIG. 23 Global SF Market Value for Fashion & Entertainment, 2017 – 2027, (US$ Mn)
FIG. 24 Global SF Market Value for Sports & Fitness, 2017 – 2027, (US$ Mn)
FIG. 25 Global SF Market Value for Medical, 2017 – 2027, (US$ Mn)
FIG. 26 Global SF Market Value for Transportation, 2017 – 2027, (US$ Mn)
FIG. 27 Global SF Market Value for Architecture, 2017 – 2027, (US$ Mn)
FIG. 28 North America SF Market Value, 2017 – 2027, (US$ Mn)
FIG. 29 Europe SF Market Value, 2017 – 2027, (US$ Mn)
FIG. 30 Asia Pacific SF Market Value, 2017 – 2027, (US$ Mn)
FIG. 31 Rest of the World SF Market Value, 2017 – 2027, (US$ Mn)
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