Global E-Textiles Market to See Huge Growth in 2024 - 2031 | Alphabet, DuPont, Jabil, Sensoria, AIQ Smart Clothing

Market Overview:

Global E-textiles market is estimated to be valued at USD 3.74 Bn in 2024 and is expected to reach USD 6.45 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.

Market Dynamics:

Rising demand for medical wearables among geriatric population for remote health monitoring and increasing adoption of smart sports apparels for tracking fitness metrics are promoting growth of global e-textiles market. The geriatric population is more inclined towards e-textiles enabled with sensors to monitor health vitals like heart rate, blood pressure from the comfort of their homes. This is helping to reduce costs for patients and healthcare providers. Additionally, large millennial population is adopting smart sports apparels integrated with features like GPS, heart rate monitoring and calorie tracking supported by companion mobile apps to achieve fitness goals.

💎 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/6897

Another major driver has been innovations in electronics and electro-responsive materials making it possible to develop smart garments with sensors, memory units and miniaturized electronics seamlessly integrated in fabric. This has enhanced functionality and comfort of e-textiles for end users encouraging market demand.

Increasing Application of E-Textiles in Healthcare is Propelling Market Expansion

The application of e-textiles in healthcare is growing due to their ability to facilitate remote monitoring of patients and real-time collection of vital health data. E-textiles find wide usage in ambulatory monitoring, rehabilitation, therapeutics, and diagnosis. They help to efficiently monitor health parameters such as heart rate, respiration, blood pressure, and body temperature. The growing geriatric population suffering from chronic diseases is driving the demand for remote healthcare monitoring solutions. This is expected to significantly drive the growth of the e-textiles market during the forecast period.

Global E-Textiles Market Opportunity

Growing Investments in Developing Wearable Technology Offer Huge Market Opportunities

Increasing investments by private and public organizations in developing wearable technologies present significant growth opportunities for companies in the e-textiles market. Significant funding is flowing towards the development of advanced wearables for applications in the healthcare, fitness, lifestyle, defense, and industrial sectors. E-textiles are expected to play a major role in realizing next-generation wearable devices. This is encouraging manufacturers to develop innovative solutions catering to evolving requirements. The market is witnessing numerous product launches that seamlessly integrate electronics into textiles. The growing consumer acceptance of wearable technology will continue boosting demand in the coming years.

Global E-Textiles Market Trends

Rising adoption of Connected Lifestyle Drives Development of Smart Textiles

The trend of connected lifestyle is shaping the evolution of e-textiles. There is growing consumer demand for interactive and connected apparel that can integrate with the internet of things (IoT) ecosystem. This is fueling interest in developing smart textiles embedded with Wi-Fi chips, flexible circuits, sensors, batteries, and more. Major players are investing in R&D to create IoT-enabled smart garments, smart suits, connected sportswear, and digital fashion. Integration of e-textiles with artificial intelligence (AI) is also emerging as the next big trend to unlock advanced use cases. Growing usage of smart fabrics in augmented reality, virtual reality, and mixed reality applications will further expand market opportunities going forward.

💎 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/6897

Top Companies Featured in This Report:

★ Alphabet
★ DuPont
★ Jabil
★ Sensoria
★ AIQ Smart Clothing
★ Adidas
★ Interactive Wear
★ Hexoskin
★ Gentherm
★ Outlast Technologies
★ Clothing+
★ Bally Ribbon Mills
★ ADETEXS
★ Embro Tech

Market Segmentation:

By Product Type:

★ By Type: Classical electronic devices and Modern electronic devices

By Applications:

★ By Applications: Sports & Fitness, Defense, Protection & Military, Healthcare, Household Textiles, Fashion & Entertainment, Others

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Key Inquiries Addressed in this Report include:

What was the size of the Global E-Textiles Market in 2024, and what is the projected value by 2031?
What is the present global market landscape for the Global E-Textiles Market?
What strategies offer optimal opportunities for growth maximization in the business?
What recent trends are shaping the Global E-Textiles Market?
How does the market share of Global E-Textiles Market revenue, sales, and size vary across specific geographical regions?
Who are the prominent industry players in the Global E-Textiles Market?
Which segment of the Global E-Textiles Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Global E-Textiles sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/6897

Author Bio:

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.