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Global Smart Textiles Market Report 2022 - Industry Size, Share, Segmentation, Growth, Demands And Forecast
Smart Textiles Market
The regions covered in the smart textiles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America accounts for the largest template market share.
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The smart textiles market consists of sales of smart textile products by entities (organizations, sole traders, and partnerships) that can sense, detect, and respond to the changes in environmental conditions. Smart textiles, also known as electronic textiles, are textile materials and systems with a digital component integrated into them which allows them to interact with their surroundings. Smart textiles can detect changes in the environment and adapt and respond automatically to mechanical, chemical, magnetic, electrical, and thermal manipulations to protect the wearer from environmental risks.
Key competitors in the Smart textiles market include DuPont, AiQ Smart Clothing, Interactive Wear AG, Schoeller Textil AG, Sensoria Inc., Adidas AG, Outlast Technologies LLC, Ohmatex, Vista Medical Ltd., Google Inc., Noble Biomaterials, Koninklijke Ten Cate BV, DiPole Materials, Thermosoft International Corporation, and Chronolife.
The global smart textiles market size is expected to grow from $2.52 billion in 2021 to $3.39 billion in 2022 at a compound annual growth rate (CAGR) of 34.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The smart textile market is expected to reach $9.30 billion in 2026 at a CAGR of 28.7%.
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TBRC’s report segments the global Smart textiles market:
1) By Type: Passive, Active, Ultra-Smart
2) By Function: Energy Harvesting, Sensing, Thermoelectricity, Luminescent, Others
3) By End-User: Fashion and Entertainment, Sports and Fitness, Medical, Transportation, Protection and Military, Architecture, Others
Read Further On The Smart Textiles Market Here:
https://www.thebusinessresearchcompany.com/report/smart-textiles-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Smart Textiles Market Characteristics
3. Smart Textiles Market Trends And Strategies
4. Impact Of COVID-19 On Smart Textiles
5. Smart Textiles Market Size And Growth
.....
27. Smart Textiles Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Textiles Market
29. Smart Textiles Market Future Outlook and Potential Analysis
30. Appendix
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