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Insights on E-Textile Market to 2023 | Industry Statistics, Emerging Demands, Forecast to 2030 | Nintendo, Sony PlayStation Portable (PSP), Xbox Cloud Gaming

01-25-2024 01:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Insights on E-Textile Market to 2023 | Industry Statistics,

E-textile is projected to have a CAGR of around 19.6% during the forecast period. Electronic textiles (e-textiles) are fabrics that have electronics and interconnections woven into them. They usually contain conductive yarns that are either spun or twisted and incorporate some amount of conductive material (such as strands of silver or stainless steel) to enable electrical conductivity. E-textile when combined with the electronic component, could sense changes as per the environment and respond as per the light, sound or radio waves. E-textile offers capabilities for sensing, wireless communication, power transmission, and interconnection technology. Major factors augmenting the growth of the e-textile market include the increasing awareness towards smart devices globally. In addition, the presence of a large number of players in the market further contributes to its growth. Various start-ups are receiving fund regarding e-textile that would enhance the market growth during the forecast period. However, there are some factors that can serve as the market barrier, such as the high cost of the apparel, commercialization, and reliability of the products in unfavourable conditions. E-textiles in emerging economies such as India and China will not find that exposure as per available potential market and population base due to its high price.

The global e-textile market is segmented based on application and function. Based on application, the market is further categorized into defence & military, healthcare, sports & fitness, and others (fashion and entertainment). On the basis of function, the market is segmented into sensing, energy harvesting, luminescence & aesthetics, and thermo-electricity. Among these, the e-textile in the sensing segment is projected to grow at a higher pace during the forecast period owing to the higher sensing ability of the smart e-textile products. The e-textiles with smart sensing functions are gaining importance in sports, defence & military, geo-protection, and aerospace sectors. Thus, the rising demand for e-textile in various application and sector is expected to trigger the growth of the market.

To Request a Sample of our Report on E-Textile Market:  https://www.omrglobal.com/request-sample/e-textile-market

Market Coverage

Market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

E-Textile Market Report Segment

By Application

Military and defence
Sport and fitness
Healthcare
Others (Fashion and Entertainment)

By Function

Sensing
Energy Harvesting
Luminescence & Aesthetics
Thermo-Electricity

A full report of E-Textile Market available @ https://www.omrglobal.com/industry-reports/e-textile-market

E-Textile Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/e-textile-market

 

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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