Global E-textiles Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
The E-textiles Market Report Overview:
“The global E-textiles Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The E-textiles Market report offers in-depth insights, revenue details, and other vital information regarding the global e-textiles market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The report offers insightful and detailed information regarding the various key players operating in the global e-textiles market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global e-textiles market report has been segmented on the basis of type, application, and region.
Electronic textiles are innovative textile materials, (fabrics, yarns and threads), that incorporate conductive fibers or elements directly into the textile itself. It contains electronic components and interconnectivity in electronic components.
If it is combined with electronic components it can sense changes in its environment and respond by giving off light, sound or radio waves. Components and interconnections are a part of the fabric and thus are much less visible and are not susceptible to become tangled together or snagged by the surrounding environment.
Electronic textiles allow little bits of computation to occur on the body. They usually contain conductive yarns that are either spun or twisted and incorporate some amount of conductive material to enable electrical conductivity.
E-textile electronic fabrics convert energy from sunlight, body temperature, and motion energy into electrical energy. Development in electronic textile industries supports the trend of wearable computing, or electronic devices operated into garment designs.
Technological advancements in wearable technology coupled with its rapid growth rate are majorly propelling the market growth of e-textiles. Furthermore, e-textiles are emerging inter disciplinary field of research, bringing together researchers and specialists in information technology, microsystems, materials and textiles.
In addition, increasing R&D activities by prominent manufacturers for development of cost-effective e-textile products and cheap manufacturing of the e-textiles are other factors expected to fuel growth for the global E-textiles market over the forecast period.
However, high cost of e-textile products and lack of production capability for bulk manufacturing are key factors restraining growth of the global e-textiles market. Additionally, availability of number of patents in e-textiles industry by e-textile inventors and universities is another factor hampering growth of the global e-textiles market over the forecast period.
North America market accounted for highest revenue share contribution, owing to rising demand of e-textile products in the healthcare, and sports & fitness sectors, followed by Europe. This can be attributed to emerging economies in the Asia Pacific region such as India, China, and Japan becoming manufacturing hubs for e-textile products, owing to availability of cost-effective labor and materials in the region.
Global E-textiles Market Segmentation:
Global e-textiles market segmentation by type:
- Classical electronic devices
- Modern electronic devices
Global e-textiles market segmentation by application:
- Medical & healthcare
- Home & lifestyle
- Sports & fitness
- Commercial & military
Global e-textiles market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Fibretronic Ltd.
- Accenture PLC
- Apple Inc.
- AiQ Smart Clothing Ltd.
- Adidas AG
- Clothing Plus Ltd.
- Interactive Wear AG
- Ohmatex ApS
- Fujitsu Limited
- Hoffmann-La Roche AG
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