E - Textile Market to Witness a CAGR of Over 35%
According to latest research by Fact.MR, the e-textiles demand is expected to grow due to the growing demand for equipment that track bodily movements. During 2021-2031, the market is expected to showcase a robust growth owing to its expanding applications in health monitoring, sports training, hazardous materials monitoring, military monitoring, among others.
What is Driving E - Textile Demand?
With the growing use of technology in wearables, the demand for e – textiles have grown multifold. Fibertronics has become a new buzzword among the users of functional fabrics. With the advancement in healthcare industry, the measurement of vital health signs such as heart rate, respiration rate, temperature, activity, and posture have grown prominence. The use of e – textiles embedded with related sensors have proved beneficial to healthcare industry in making fabric functional.
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Why E – Textile Demand Has Been Increasing?
The idea of e – textiles have been there since past 30 years, though it could not get materialized owing to restrictions from regulatory authorities. Smart textiles have been there in the market for quite some time, though they offer limited functionality.
Personal health monitoring has gained significant prominence in the recent past. While sales of health apps and fitness bands have already flourished in the recent past, e-textiles have also been gaining traction for health data acquisition. Besides, they are also being used in bulletproof Kevlar vest for military. Fashion wearables are the forthcoming e-textile application. Several other emerging applications include monitoring fatigue of pilot and truck drivers.
How E – Textile Demand in Healthcare Sector is Expected to Perform?
e – textile act as a second skin when worn, which increases its functionality in healthcare. While they offer functionality, they are comfortable at the same time. e – textiles are a boon for the healthcare providers as besides detecting, they acquire and transmit the physiological signals from patients. They can capture, record and transmit 30 physiological signals and send report to physicians about the patient’s health status. Owing to these factors, e – textiles are expected to garner significant traction in healthcare sector.
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Europe E-textiles Sales Outlook
Smart textiles market in Europe which includes e- textiles, has been growing at over 20%. Besides, the commercial availability of e - textiles, Europe also have e – textile artists that create e – textile through the available e – textile kits. Germany is at the forefront towards the use of e – textiles, where Berlin represents the technology’s hotspot.
Under a European Union program called Horizon 2020, the union has kickstarted a project for welding of e-textiles for interactive clothing. The project aims at developing an integrated solution in e – textile structures that includes transmission lines, sensors, actuators, microprocessors, personalized algorithms, on-body computing, and user feedbacks. With these developments, the European e – textile market is set to expand at a rapid pace in the forthcoming years.
Who are the Key Manufacturers and Suppliers of E -Textiles?
Presently, e - textile market is fragmented, where none of the players hold a significant share in the market. Some of the key e – textile manufacturers include
- Interactive Wear AG
- AiQ Smart Clothing Inc.
- Sensing Tex SL
- Statex Produktions- und Vertriebs GmbH
For the companies operating in the U.S., all new e - textile or related technology introduction have to get FDA approval.
An Adaptive Approach to Modern-day Research Needs
E-Textiles Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
- Active e -textile
- Smart e - textile
- Energy Harvesting
- Sports and Fitness
- Fashion and Entertainment
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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