- Active,
- Passive,
- Very Smart
Smart Fabrics Market size was valued at USD 4,748.6 million in 2022, growing at a CAGR of 14.2% from 2023 to 2029. The market provides a detailed overview and that can be segmented by Product Type, by Functionality, by Application. By Product Type, the global Smart Fabrics Market has been segmented into Active, Passive, and Very Smart. The Active segment is likely to be the largest and fastest-growing segment in terms of product type. Based on Functionality, the market is segmented into Sensing, Energy Harvesting, Thermoelectricity, Luminescence & aesthetics, and Others. Among these, the Luminescence & aesthetics segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Application, the global market is segmented into Protection & military, Sports & Fitness, Medical, Fashion & Entertainment, Transportation, Architecture Others. The Protection & military segment accounts for the largest share in 2021. The Sports & Fitness segment is the second-largest share during the forecast period 2023-2029.
Smart Fabrics Market Key Development:
- In October 2022, The New York Textile Act was signed by Governor Hochul to support the state's manufacturing sector. In July 2021, Laird Performance Materials, a well-known provider of high-performance electromagnetic shielding and thermal management solutions, was acquired by DuPont.
Smart Fabrics Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
14.2%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Smart Fabrics Market Dynamics
Implementation of advance technologies in smart fabrics like artificial intelligence (AI) and Internet of Things (IoT) in Protection & military and sports & fitness fabrics has transformed the textile industry. New smart clothing is being created that can track and transmit the wearer's information, including blood pressure, heart rate, sweat, and temperature, Incorporating cloud data, AI, edge computing, and Bluetooth Low Energy (BLE).
North-America Got Significant Share
Smart Fabrics Market Regional Analysis
By region, North America is expected to witness the highest market share during the forecast period due to high demand of smart fabrics in United States, especially in Protection & military.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Smart Fabrics Market Segmentation
By Product Type
By Functionality
- Sensing,
- Energy Harvesting,
- Thermoelectricity,
- Luminescence & aesthetics
- Others
By Application
- Protection & military,
- Sports & Fitness,
- Medical,
- Fashion & Entertainment,
- Transportation,
- Architecture
- Others
By Geography
- Latin America
- Europe
- Asia Pacific
- Middle East
- North America
Frequently Asked Questions
The fastest-growing segment of the global market is Protection & military based on application as the need of smart fabrics in the military application such as advanced insulation properties and ballistics protection, as well as are made from waterproof fabric, while some are capable of health monitoring and equipped with GPS system, sensors, and motion trackers.
AI, edge computing, and Bluetooth Low Energy (BLE) are emerging technology in global smart fabrics market growth.
The global Smart Fabrics Market size is valued at USD 4,748.6 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028.
| 1. Executive Summary |
| 2. Global Smart Fabrics Market Introduction |
| 2.1. Global Smart Fabrics Market - Taxonomy |
| 2.2. Global Smart Fabrics Market -Definitions |
| 2.2.1. Product Type |
| 2.2.2. Functionality |
| 2.2.3. Application |
| 3. Global Smart Fabrics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Smart Fabrics Market Dynamic Factors - Impact Analysis |
| 3.6. Global Smart Fabrics Market - Competition Landscape |
| 4. Global Smart Fabrics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Smart Fabrics Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Active |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Passive |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Very Smart |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Smart Fabrics Market Forecast, By Functionality, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Sensing |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Energy Harvesting |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Thermoelectricity |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Luminescence & aesthetics |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Smart Fabrics Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 |
| 7.1. Protection & military |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Sports & Fitness |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Medical |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Fashion & Entertainment |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Transportation |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Architecture |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8. Global Smart Fabrics Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Smart Fabrics Market - Opportunity Analysis Index, By Product Type, Functionality, Application, and Region, 2023 - 2029 |
| 9. North America Smart Fabrics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Active |
| 9.1.2. Passive |
| 9.1.3. Very Smart |
| 9.2. Functionality Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Sensing |
| 9.2.2. Energy Harvesting |
| 9.2.3. Thermoelectricity |
| 9.2.4. Luminescence & aesthetics |
| 9.2.5. Others |
| 9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Protection & military |
| 9.3.2. Sports & Fitness |
| 9.3.3. Medical |
| 9.3.4. Fashion & Entertainment |
| 9.3.5. Transportation |
| 9.3.6. Architecture |
| 9.3.7. Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Smart Fabrics Market - Opportunity Analysis Index, By Product Type, Functionality, Application, and Country, 2023 - 2029 |
| 9.6. North America Smart Fabrics Market Dynamics - Trends |
| 10. Europe Smart Fabrics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Active |
| 10.1.2. Passive |
| 10.1.3. Very Smart |
| 10.2. Functionality Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Sensing |
| 10.2.2. Energy Harvesting |
| 10.2.3. Thermoelectricity |
| 10.2.4. Luminescence & aesthetics |
| 10.2.5. Others |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Protection & military |
| 10.3.2. Sports & Fitness |
| 10.3.3. Medical |
| 10.3.4. Fashion & Entertainment |
| 10.3.5. Transportation |
| 10.3.6. Architecture |
| 10.3.7. Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Smart Fabrics Market - Opportunity Analysis Index, By Product Type, Functionality, Application, and Country, 2023 - 2029 |
| 10.6. Europe Smart Fabrics Market Dynamics - Trends |
| 11. Asia-Pacific Smart Fabrics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Active |
| 11.1.2. Passive |
| 11.1.3. Very Smart |
| 11.2. Functionality Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Sensing |
| 11.2.2. Energy Harvesting |
| 11.2.3. Thermoelectricity |
| 11.2.4. Luminescence & aesthetics |
| 11.2.5. Others |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Protection & military |
| 11.3.2. Sports & Fitness |
| 11.3.3. Medical |
| 11.3.4. Fashion & Entertainment |
| 11.3.5. Transportation |
| 11.3.6. Architecture |
| 11.3.7. Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Smart Fabrics Market - Opportunity Analysis Index, By Product Type, Functionality, Application, and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Smart Fabrics Market Dynamics - Trends |
| 12. Latin America Smart Fabrics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Active |
| 12.1.2. Passive |
| 12.1.3. Very Smart |
| 12.2. Functionality Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Sensing |
| 12.2.2. Energy Harvesting |
| 12.2.3. Thermoelectricity |
| 12.2.4. Luminescence & aesthetics |
| 12.2.5. Others |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Protection & military |
| 12.3.2. Sports & Fitness |
| 12.3.3. Medical |
| 12.3.4. Fashion & Entertainment |
| 12.3.5. Transportation |
| 12.3.6. Architecture |
| 12.3.7. Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Smart Fabrics Market - Opportunity Analysis Index, By Product Type, Functionality, Application, and Country, 2023 - 2029 |
| 12.6. Latin America Smart Fabrics Market Dynamics - Trends |
| 13. Middle East and Africa Smart Fabrics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Active |
| 13.1.2. Passive |
| 13.1.3. Very Smart |
| 13.2. Functionality Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Sensing |
| 13.2.2. Energy Harvesting |
| 13.2.3. Thermoelectricity |
| 13.2.4. Luminescence & aesthetics |
| 13.2.5. Others |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Protection & military |
| 13.3.2. Sports & Fitness |
| 13.3.3. Medical |
| 13.3.4. Fashion & Entertainment |
| 13.3.5. Transportation |
| 13.3.6. Architecture |
| 13.3.7. Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Smart Fabrics Market - Opportunity Analysis Index, By Product Type, Functionality, Application, and Country, 2023 - 2029 |
| 13.6. MEA Smart Fabrics Market Dynamics - Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Functionality & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Adidas AG |
| 14.2.2. Nike Inc. |
| 14.2.3. Auxetix |
| 14.2.4. Eriksen |
| 14.2.5. Fibretronic Limited |
| 14.2.6. Clothing+ |
| 14.2.7. Exo2 |
| 14.2.8. ThermoSoft International |
| 14.2.9. Gentherm |
| 14.2.10. Peratech Ltd. |
| 14.2.11. System integrators |
| 14.2.12. Myant Inc. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Adidas AG
- Nike Inc.
- Auxetix
- Eriksen
- Fibretronic Limited
- Clothing+
- Exo2
- ThermoSoft International
- Gentherm
- Peratech Ltd.
- System integrators
- Myant Inc