NEW YORK, March 9, 2020 /PRNewswire/ --
Smart Fabrics market worldwide is projected to grow by US$7 Billion, driven by a compounded growth of 18.8%. Transportation, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.6 Billion by the year 2025, Transportation will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 20.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$271.7 Million to the region's size and clout in the next 5 to 6 years. Over US$334.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Transportation will reach a market size of US$236.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 18.5% over the next couple of years and add approximately US$1.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- AiQ Smart Clothing Inc.
- Clothing+
- DowDuPont Inc.
- EXO2
- Globe Manufacturing Company LLC
- Hexoskin
- Intelligent Clothing Ltd.
- Interactive Wear AG
- International Fashion Machines Inc.
- Marktek Inc.
- Milliken & Company
- Noble Biomaterials Inc.
- Ohmatex ApS
- Outlast Technologies LLC
- Schoeller Textiles AG
- Sensoria Inc.
- Smartex s.r.l
- Toray Industries Inc.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Smart Fabrics: When Technology Meets Textile!
Recent Market Activity
Smart Fabrics - A Nascent Yet High Growth Market
Growth Drivers and Market Restraints - In a Nutshell
R&D Initiatives, Technology Innovations and Material
Advancements: Playing a Critical Role in Expansion of Smart
Fabrics Market
Promising Future Ahead for the Smart Textiles Market
Expanding Applications Bode Well for Smart Fabrics Market
Smart T-Shirts & Jackets: Promising Segments in Smart Fabrics
Market
Developed Markets Hold Ground in Smart Fabrics Market,
Developing Economies Positioned for Long-term Growth
High Cost, Compatibility & Power Supply Issues, and Privacy
Concerns: Major Concerns to Address for the Smart Fabrics
Market
Integration of Sensors into Garments - A Major Challenge for
Smart Fabric Makers
Global Competitor Market Shares
Smart Fabrics Competitor Market Share Scenario Worldwide (in
%): 2020 & 2029
2. FOCUS ON SELECT PLAYERS
AiQ Smart Clothing, Inc. (Taiwan)
Clothing+ (Finland)
DowDuPont, Inc. (USA)
EXO2 (USA)
Globe Manufacturing Company, LLC (USA)
Hexoskin (Canada)
Intelligent Clothing Ltd. (UK)
Interactive Wear AG (Germany)
International Fashion Machines, Inc. (USA)
Marktek, Inc. (USA)
Milliken & Company (USA)
Noble Biomaterials, Inc. (USA)
Ohmatex ApS (Denmark)
Outlast Technologies LLC (USA)
Schoeller Textiles AG (Switzerland)
Sensoria, Inc. (USA)
Smartex s.r.l (Italy)
Toray Industries, Inc. (Japan)
3. MARKET TRENDS & DRIVERS
Industry Evolves from Passive to Active to Ultra-Smart Textiles
Smart Clothing Transforming the Wearable Technology Products
Market
Smart Fabrics - the Next Big Wave of Wearables
Microencapsulation & Nanotechnology: Harbingers of Future Growth
Military - A Lucrative End-Use Sector
Increased R&D Initiatives in Smart Textiles for Military
Applications
Healthcare - The Fastest Growing Application Market for Smart
Textiles
Smart Textile Applications in Healthcare Industry
Smart Clothing Gains Acceptance in Neonatal Monitoring
Wearable Biomedical Sensors - A Potential Market Segment
Smart Sutures
Smart Socks Grow in Demand
A Glance at Few Startups in the Smart Medical Textiles Market
Telemonitoring for the Elderly: Opportunities for Smart
Textiles Market
Aging Population: Opportunity for Telemonitoring
Smart Fabrics for Transportation Market: The Major End-Use Segment
Sports & Fitness - A Significant Revenue Contributor
Smart Inner Wear & Socks - Unique Wearables for Sports &
Fitness Market
New Smart Wearables for Ensure Better Workouts
Improving Performance of Athletes in Professional Sports
Smart Clothing with Thermal Changes
Growing Use in the Fashion Industry Drives Smart Textiles Market
An Insight into Select Smart Fashion Brands
Ambient Computing Key to Fashion Technology
Demand for Smart Textiles in Space Application Grows
Energy-Producing Textiles Offer High Growth Potential
Smart Workwear - Addressing Needs of Employees in Hazardous
Environments
Light Conducting Fibers Hold Enormous Potential
Self-Cleaning Textiles: The Focus of Innovations in Smart
Fabrics Market
RMIT University Researchers Develop Self-Cleaning Nano-Enhanced
Textiles
Smart Fabric Designs: Focus on Simplifying Interactions
Actuation and Response Applications Determine Market for SFITs
Product Innovations Stimulate Growth in Smart Fabrics Market
A Review of Select Product Developments in the Smart Fabric Market
A Look at Other Recent Launches/Developments in the Smart
Fabric Market
Rigorous R&D Investments Spearhead Growth
Multidisciplinary Approach to a Complex R&D Structure
Public Funding for Smart Textiles R&D
A Review of Select Smart Fabric Research Initiatives
4. GLOBAL MARKET PERSPECTIVE
Table 1: Smart Fabrics Global Market Estimates and Forecasts in
US$ Million by Region/Country: 2018-2025
Table 2: Smart Fabrics Global Retrospective Market Scenario in
US$ Million by Region/Country: 2009-2017
Table 3: Smart Fabrics Market Share Shift across Key
Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Transportation (Application) Global Opportunity
Assessment in US$ Million by Region/Country: 2018-2025
Table 5: Transportation (Application) Historic Sales Analysis
in US$ Million by Region/Country: 2009-2017
Table 6: Transportation (Application) Percentage Share
Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS
2025
Table 7: Defense/Government (Application) Worldwide Sales in
US$ Million by Region/Country: 2018-2025
Table 8: Defense/Government (Application) Historic Demand
Patterns in US$ Million by Region/Country: 2009-2017
Table 9: Defense/Government (Application) Market Share Shift
across Key Geographies: 2009 VS 2019 VS 2025
Table 10: Fitness & Sports (Application) Global Market
Estimates & Forecasts in US$ Million by Region/Country:
2018-2025
Table 11: Fitness & Sports (Application) Retrospective Demand
Analysis in US$ Million by Region/Country: 2009-2017
Table 12: Fitness & Sports (Application) Market Share Breakdown
by Region/Country: 2009 VS 2019 VS 2025
Table 13: Commercial/Industrial (Application) Demand Potential
Worldwide in US$ Million by Region/Country: 2018-2025
Table 14: Commercial/Industrial (Application) Historic Sales
Analysis in US$ Million by Region/Country: 2009-2017
Table 15: Commercial/Industrial (Application) Share Breakdown
Review by Region/Country: 2009 VS 2019 VS 2025
Table 16: Healthcare (Application) Worldwide Latent Demand
Forecasts in US$ Million by Region/Country: 2018-2025
Table 17: Healthcare (Application) Global Historic Analysis in
US$ Million by Region/Country: 2009-2017
Table 18: Healthcare (Application) Distribution of Global Sales
by Region/Country: 2009 VS 2019 VS 2025
Table 19: Other End-Uses (Application) Sales Estimates and
Forecasts in US$ Million by Region/Country for the Years 2018
through 2025
Table 20: Other End-Uses (Application) Analysis of Historic
Sales in US$ Million by Region/Country for the Years 2009 to
2017
Table 21: Other End-Uses (Application) Global Market Share
Distribution by Region/Country for 2009, 2019, and 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Smart Fabrics Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 22: United States Smart Fabrics Latent Demand Forecasts
in US$ Million by Application: 2018 to 2025
Table 23: Smart Fabrics Historic Demand Patterns in the United
States by Application in US$ Million for 2009-2017
Table 24: Smart Fabrics Market Share Breakdown in the United
States by Application: 2009 VS 2019 VS 2025
CANADA
Table 25: Canadian Smart Fabrics Market Quantitative Demand
Analysis in US$ Million by Application: 2018 to 2025
Table 26: Smart Fabrics Market in Canada: Summarization of
Historic Demand Patterns in US$ Million by Application for
2009-2017
Table 27: Canadian Smart Fabrics Market Share Analysis by
Application: 2009 VS 2019 VS 2025
JAPAN
Table 28: Japanese Demand Estimates and Forecasts for Smart
Fabrics in US$ Million by Application: 2018 to 2025
Table 29: Japanese Smart Fabrics Market in US$ Million by
Application: 2009-2017
Table 30: Smart Fabrics Market Share Shift in Japan by
Application: 2009 VS 2019 VS 2025
CHINA
Table 31: Chinese Demand for Smart Fabrics in US$ Million by
Application: 2018 to 2025
Table 32: Smart Fabrics Market Review in China in US$ Million
by Application: 2009-2017
Table 33: Chinese Smart Fabrics Market Share Breakdown by
Application: 2009 VS 2019 VS 2025
EUROPE
Market Facts & Figures
European Smart Fabrics Market: Competitor Market Share Scenario
(in %) for 2020 & 2025
Market Analytics
Table 34: European Smart Fabrics Market Demand Scenario in US$
Million by Region/Country: 2018-2025
Table 35: Smart Fabrics Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2009-2017
Table 36: European Smart Fabrics Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 37: European Smart Fabrics Addressable Market Opportunity
in US$ Million by Application: 2018-2025
Table 38: Smart Fabrics Market in Europe: Summarization of
Historic Demand in US$ Million by Application for the Period
2009-2017
Table 39: European Smart Fabrics Market Share Analysis by
Application: 2009 VS 2019 VS 2025
FRANCE
Table 40: Smart Fabrics Quantitative Demand Analysis in France
in US$ Million by Application: 2018-2025
Table 41: French Smart Fabrics Historic Market Review in US$
Million by Application: 2009-2017
Table 42: French Smart Fabrics Market Share Analysis: A 17-Year
Perspective by Application for 2009, 2019, and 2025
GERMANY
Table 43: Smart Fabrics Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2018-2025
Table 44: German Smart Fabrics Market in Retrospect in US$
Million by Application: 2009-2017
Table 45: Smart Fabrics Market Share Distribution in Germany by
Application: 2009 VS 2019 VS 2025
ITALY
Table 46: Italian Demand for Smart Fabrics in US$ Million by
Application: 2018 to 2025
Table 47: Smart Fabrics Market Review in Italy in US$ Million
by Application: 2009-2017
Table 48: Italian Smart Fabrics Market Share Breakdown by
Application: 2009 VS 2019 VS 2025
UNITED KINGDOM
Table 49: United Kingdom Demand Estimates and Forecasts for
Smart Fabrics in US$ Million by Application: 2018 to 2025
Table 50: United Kingdom Smart Fabrics Market in US$ Million by
Application: 2009-2017
Table 51: Smart Fabrics Market Share Shift in the United
Kingdom by Application: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 52: Rest of Europe Smart Fabrics Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 53: Smart Fabrics Market in Rest of Europe: Summarization
of Historic Demand in US$ Million by Application for the Period
2009-2017
Table 54: Rest of Europe Smart Fabrics Market Share Analysis by
Application: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 55: Smart Fabrics Quantitative Demand Analysis in
Asia-Pacific in US$ Million by Application: 2018-2025
Table 56: Asia-Pacific Smart Fabrics Historic Market Review in
US$ Million by Application: 2009-2017
Table 57: Asia-Pacific Smart Fabrics Market Share Analysis:
A 17-Year Perspective by Application for 2009, 2019, and 2025
REST OF WORLD
Table 58: Rest of World Smart Fabrics Market Quantitative
Demand Analysis in US$ Million by Application: 2018 to 2025
Table 59: Smart Fabrics Market in Rest of World: Summarization
of Historic Demand Patterns in US$ Million by Application for
2009-2017
Table 60: Rest of World Smart Fabrics Market Share Analysis by
Application: 2009 VS 2019 VS 2025
IV. COMPETITION
Total Companies Profiled: 71
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