Smart and Interactive Textiles Market Size

Smart and Interactive Textiles Market Size

Smart and Interactive Textiles Market size was valued at over USD 2,147.6 million in 2021 and is estimated to grow at a CAGR of over 25.6% from 2022 to 2030 owing to the rising product demand in military & defense, medical & healthcare, transportation, and consumer & retail applications. Properties including integrability with human body, high durability, light weight, appearance preservation, and reliable protection will act substantial drivers for market growth.

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Smart & interactive textiles can react & respond to stimuli or environmental conditions such as mechanical, magnetic, thermal, electrical, and chemical changes. These textiles are incorporated with various communication equipment, conductive polymers, electronic sensors, and shape memory polymers. They are primarily used for safety, protection, fashion, and convenience applications.

Smart & interactive textiles provide responsive functionalities to the fabrics used in the medical industry including hospital furnishings, surgical implants, bedding, and dressings for effectively diagnosing & monitoring patient recovery.

The textiles also find applications in personalized healthcare and telemedicine sectors. With the use of GPS in smart textiles, patients with Alzheimer’s and Dementia can be tracked. These textiles allow the access of patient information to healthcare providers and also provide possible warning signs. For instance, in 2018, Siren introduced Neurofabric, a foot monitoring system and diabetic sock that contains microsensors for monitoring foot temperature to sense the signs of inflammation considered as the precursor to diabetic foot ulcers.

Rising adoption of smart & interactive textiles for passenger comfort & safety will accelerate the smart and interactive textiles market share in the coming few years. The fibers are used to manufacture components for automobiles, ships, trains, and aircraft. These materials are employed to improve the overall functionality of automobiles and components such as belts, carpets, tires, and seats. Textiles account for almost 2% of the total motor car weight. Rising trend of customization for personal vehicles and the purchase power of consumers will also support market growth. For instance, global personal car sales accounted for 66.7 million units in 2021 as compared to around 63.8 million units in 2020.