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Smart and Interactive Textiles Market Share

Report ID: GMI1432
Published Date: Jul 2022
Report Format: PDF

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Smart and Interactive Textiles Market Share

Several small, medium, and international players are operating in the global smart and interactive textile industry. Smart & interactive textile companies adopt various key growth strategies, such as mergers & acquisitions, investments & expansions, partnerships & agreements, new product launches, and joint ventures, to gain a higher market share.

The major companies include

E. I. du Pont de Nemours and Company
Koninklijke Ten Cate
Toray Industries
Textronics, Inc.
Sensoria, Inc.
Milliken & company
Globe Holding Company LLC
Interactive Wear AG
Indorama Ventures Public Company Limited
Schoeller Textil AG
Outlast Technologies LLC
D3O Lab Limited
EXO2 Limited
AiQ Smart Clothing, Inc.

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The global smart and interactive textiles market is slated to surpass USD 16,421.2 million by 2030 and is estimated to record more than 25.6% CAGR from 2022 to 2030.

The smart and interactive textiles industry revenue from the wearable electronics product segment exceeded USD 1.2 billion in 2021 and is projected to strike a CAGR of over 26.6% through 2030 owing to widespread application in the medical & healthcare sector.

The transportation application segment in the smart and interactive textiles market is anticipated to record a CAGR of 21.7% through 2030 driven by higher application scope in aerospace, like airplanes, spaceships, and ground transportation railway for decreasing weight and boosting efficiency.

North America smart and interactive textiles market industry size is estimated to record a CAGR of over 26.1% between 2022 and 2030 owing to the expanding fitness & sport industry and the higher penetration of smartphones with Bluetooth low energy (BLE).