by The global smart fabrics market size was estimated to be around US$ 4.8 billion in 2023 and is projected to reach US$ 72.26 billion by 2033, indicating a CAGR of 31.29% from 2024 to 2033.
Key Points
- North America held the dominating share of the market while contributing 48% of the market share in 2023.
- Asia Pacific is observed to grow at a CAGR of 38.4% during the forecast period of 2024-2033.
- By product, the active segment held the largest share of the market while contributing 44% market share in 2023.
- By product, the very smart product segment is expected to witness the fastest growth at a CAGR of 38.2% during the forecast period.
- By function, the sensing segment held the largest share of 38% in 2023 for the smart fabrics market.
- By function, the energy harvesting segment is expected to witness the fastest growth at a CAGR of 32.9% during the forecast period.
- By end user, the defense & military segment held the largest share of 29% in 2023.
- On the other hand, the sports & fitness segment is expected to witness rapid growth at a CAGR of 34.8% during the forecast period of 2024-2033.
The market research report on the smart fabrics market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of smart fabrics products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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Smart Fabrics Market Scope
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 31.29% |
| Global Market Size in 2023 | USD 4.8 Billion |
| Global Market Size by 2033 | USD 72.26 Billion |
| U.S. Market Size in 2023 | USD 1.61 Billion |
| U.S. Market Size by 2033 | USD 25.06 Billion |
| Base Year | 2022 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Product, By Function, and By End Users |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global smart fabrics market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the smart fabrics market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of smart fabrics products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the smart fabrics market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the smart fabrics market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Smart Fabrics Market Companies
- AiQ Smart Clothing (Taiwan)
- Clothing Plus Ltd. (U.K.)
- DuPont (U.S.)
- Google (U.S.)
- GENTHERM (U.S.)
- Interactive Wear (Germany)
- schoeller Switzerland (Switzerland)
- Sensoria (U.S.)
- Textronics (U.S.)
- Company Check Ltd (U.K.)
- International Fashion Machines (U.S.)
- Vista Medical (U.S.)
- Nike, Inc (U.S.)
- O’NEILL (U.S.)
- Wearable Technologies Limited (U.K.)
- Thermosoft International Corporation (U.S.)
- Fibretronics Sales (Pty) Ltd (South Africa)
- Peratech Holdco Limited (U.K.)
- Bonfiglioli (Italy)
- APEX MILLS (U.S.)
- H.B. Fuller Company (U.S.)
Segments Covered in the Report
By Product
- Passive Smart
- Active Smart
- Very Smart
By Function
- Sensing
- Energy Harvesting
- Luminescence and Aesthetics
- Thermo-Electricity
- Others
By End Users
- Fashion & Entertainment
- Sports & Fitness
- Medical
- Transportation
- Defense & Military
- Architecture
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Smart Fabrics Market
5.1. COVID-19 Landscape: Smart Fabrics Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Smart Fabrics Market, By Product
8.1. Smart Fabrics Market Revenue and Volume, by Product, 2024-2033
8.1.1 Passive Smart
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Active Smart
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Very Smart
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Smart Fabrics Market, By Function
9.1. Smart Fabrics Market Revenue and Volume, by Function, 2024-2033
9.1.1. Sensing
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Energy Harvesting
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Luminescence and Aesthetics
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
9.1.4. Thermo-Electricity
9.1.4.1. Market Revenue and Volume Forecast (2021-2033)
9.1.5. Others
9.1.5.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Smart Fabrics Market, By End Users
10.1. Smart Fabrics Market Revenue and Volume, by End Users, 2024-2033
10.1.1. Fashion & Entertainment
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Sports & Fitness
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
10.1.3. Medical
10.1.3.1. Market Revenue and Volume Forecast (2021-2033)
10.1.4. Transportation
10.1.4.1. Market Revenue and Volume Forecast (2021-2033)
10.1.5. Defense & Military
10.1.5.1. Market Revenue and Volume Forecast (2021-2033)
10.1.6. Architecture
10.1.6.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Smart Fabrics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.1.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.1.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.1.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.2.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.2.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.2.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.6.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.2.6.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.7.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.2.7.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.3.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.3.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.3.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.6.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.3.6.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.7.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.3.7.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.4.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.4.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.6.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.4.6.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.7.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.4.7.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.5.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)
11.5.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)
Chapter 12. Company Profiles
12.1. AiQ Smart Clothing (Taiwan)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Clothing Plus Ltd. (U.K.)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. DuPont (U.S.)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Google (U.S.)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. GENTHERM (U.S.)
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Interactive Wear (Germany)
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. schoeller Switzerland (Switzerland)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Sensoria (U.S.)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Textronics (U.S.)
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Company Check Ltd (U.K.)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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