openPR Logo
Press release

Smart Textiles Market to hit USD 23.82 Billion by 2031, Says Transparency Market Research Inc.

02-28-2024 08:07 AM CET | IT, New Media & Software

Press release from: Transparency Market Research

Smart Textiles Market

Smart Textiles Market

The global smart textiles market is witnessing rapid growth, driven by the increasing demand for wearable technology, advancements in textile manufacturing techniques, and the convergence of electronics and textiles. Smart textiles offer a wide range of functionalities, including sensing, monitoring, heating, lighting, and communication, across various applications such as healthcare, sports & fitness, fashion, and automotive.

Smart Textiles market is anticipated to achieve a value of US$ 23.82 billion by the conclusion of 2031. Furthermore, the report indicates that the market is expected to grow at a compound annual growth rate (CAGR) of 25% between 2021 and 2031.

๐…๐จ๐ซ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8356&utm_source=Openpr_Priti&utm_id=Openpr

This study does a thorough examination of the market and offers insights based on an industry SWOT analysis. The report on the Smart Textiles Market provides access to critical information such as market growth drivers, market growth restraints, current market trends, the market's economic and financial structure, and other key market details.

The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as types, applications, and regions. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the report.

Updated Version of Sample Report Included:

Detailed industry forecast
Brief Introduction to the research report.
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation

The report covers extensive competitive intelligence which includes the following data points:

- Business Overview

- Business Model

- Financial Data

- Financial - Existing

- Financial - Funding

- Product/Service Segment Analysis and specification

- Recent Development and Company Strategy Analysis

- SWOT Analysis

Key players operating in the global Smart Textiles market are

DuPont,Alphabet Inc.,Jabil Inc.,AiQ Smart Clothing Inc.,Sensoria,Gentherm Incorporated,Interactive Wear,Outlast Technologies,Adidas,Hexoskin

This Report lets you identify the opportunities in Smart Textiles Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.transparencymarketresearch.com/checkout.php?rep_id=8356<ype=S&utm_source=Openpr_Priti&utm_id=Openpr

Market Drivers and Challenges:

Drivers: Increasing awareness of health and wellness, growing demand for wearable technology, advancements in textile and electronics manufacturing, expanding applications in healthcare and sports, and the rising adoption of IoT-enabled textiles.
Challenges: Integration challenges in complex textile structures, cost constraints associated with smart textile production, durability and washability concerns, and regulatory compliance for medical and safety applications.

Market Trends:

Health Monitoring: Development of smart textiles embedded with sensors for continuous monitoring of vital signs such as heart rate, temperature, and activity levels.
Sports & Fitness: Adoption of smart textiles for performance tracking, injury prevention, and biometric feedback in athletic apparel and equipment.
Fashion Tech: Fusion of fashion and technology through smart garments with interactive features such as LED lighting, sound generation, and temperature control.
Automotive Applications: Integration of smart textiles in vehicle interiors for enhanced comfort, safety, and user experience through features such as climate control, airbag deployment, and occupancy sensing.

Reasons to Buy The Smart Textiles Market Report: -

1.Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

2.Reports provide opportunities and threats faced by suppliers in the Smart Textiles industry around the world.

The report shows regions and sectors with the fastest growth potential.

3.A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.

4.The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.

5.This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Embedded System Market- https://www.prnewswire.com/news-releases/embedded-system-market-size-worth--159-12-billion-by-2031-cagr-7-7---tmr-study-301653037.html

๐Ž๐‹๐„๐ƒ ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.einpresswire.com/article/578640288/oled-display-market-advanced-technology-and-new-innovations-by-2031

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Nikhil Sawlani

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Textiles Market to hit USD 23.82 Billion by 2031, Says Transparency Market Research Inc. here

News-ID: 3402722 • Views: โ€ฆ

More Releases from Transparency Market Research

Desiccant Dehumidifier Market Size Set to Reach USD 1.3 Billion at a CAGR of 5.1% by 2034
Desiccant Dehumidifier Market Size Set to Reach USD 1.3 Billion at a CAGR of 5.1 โ€ฆ
The desiccant dehumidifier market has experienced substantial growth over the years, fueled by the rising demand for moisture control across industrial, commercial, and residential sectors. These dehumidifiers utilize desiccants-materials that effectively absorb moisture from the air-making them particularly suitable for low-temperature environments where traditional refrigerant-based systems may be less efficient. The desiccant dehumidifier market is expected to reach a valuation of US$ 1.3 billion by the end of 2034. Additionally, theโ€ฆ
Crystal Market to Reach USD 6.6 Million by 2031, Expanding at a CAGR of 3.9%: TMR Report
Crystal Market to Reach USD 6.6 Million by 2031, Expanding at a CAGR of 3.9%: TM โ€ฆ
The global crystal market is expected to experience significant growth from 2024 to 2034, fueled by its expanding applications in industries such as electronics, healthcare, aerospace, and telecommunications. With unique physical properties like piezoelectricity, thermal conductivity, and optical clarity, crystals serve as essential components in advancing various technologies. The crystal market was valued at USD 4.4 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR)โ€ฆ
Crystal Oscillator Market is expected to Progress at a CAGR of 4.2 % to reach USD 4.7 Billion by 2034
Crystal Oscillator Market is expected to Progress at a CAGR of 4.2 % to reach US โ€ฆ
The global crystal oscillator market is set for substantial growth during the forecast period from 2023 to 2031. As essential components in electronic devices, crystal oscillators ensure precise frequency generation for applications in telecommunications, consumer electronics, and automotive systems. Market expansion is being driven by rapid technological advancements and the rising demand for miniaturized, energy-efficient components. The crystal oscillator market is expected to reach a valuation of US$ 4.7 billion byโ€ฆ
Power Filtering Market is Predicted to Expand at a CAGR of 5.4 % during the Forecast Period, notes TMR Study
Power Filtering Market is Predicted to Expand at a CAGR of 5.4 % during the Fore โ€ฆ
The Power Filtering Market is experiencing significant growth as industries, enterprises, and residential users increasingly focus on improving power quality by addressing issues such as voltage fluctuations, harmonic distortions, and electromagnetic interference (EMI). Power filters are essential for enhancing the reliability and efficiency of electrical systems by reducing noise and ensuring high-quality power transmission. The market includes various types of power filters, such as passive, active, and hybrid filters, servingโ€ฆ

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio โ€ฆ
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in orderโ€ฆ
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, โ€ฆ
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growthโ€ฆ
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma โ€ฆ
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart citiesโ€™ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICTโ€ฆ
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emergingโ€ฆ
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlandsโ€ฆ
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart โ€ฆ
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled โ€œSmart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,โ€ Transparencyโ€ฆ