April 24, 2024

Smart Fabrics Market Size to Attain USD 72.26 Billion by 2033

The global smart fabrics market size was estimated to be around US$ 4.8 billion in 2023 and is projected to reach US$ 72.26 billion by 2033, indicating a CAGR of 31.29% from 2024 to 2033.

Smart Fabrics Market Size 2024 to 2033

Key Points

  • North America held the dominating share of the market while contributing 48% of the market share in 2023.
  • Asia Pacific is observed to grow at a CAGR of 38.4% during the forecast period of 2024-2033.
  • By product, the active segment held the largest share of the market while contributing 44% market share in 2023.
  • By product, the very smart product segment is expected to witness the fastest growth at a CAGR of 38.2% during the forecast period.
  • By function, the sensing segment held the largest share of 38% in 2023 for the smart fabrics market.
  • By function, the energy harvesting segment is expected to witness the fastest growth at a CAGR of 32.9% during the forecast period.
  • By end user, the defense & military segment held the largest share of 29% in 2023.
  • On the other hand, the sports & fitness segment is expected to witness rapid growth at a CAGR of 34.8% during the forecast period of 2024-2033.

The market research report on the smart fabrics market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of smart fabrics products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Smart Fabrics Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 31.29%
Global Market Size in 2023 USD 4.8 Billion
Global Market Size by 2033 USD 72.26 Billion
U.S. Market Size in 2023 USD 1.61 Billion
U.S. Market Size by 2033 USD 25.06 Billion
Base Year 2022
Forecast Period 2024 to 2033
Segments Covered By Product, By Function, and By End Users
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: US Biofuels Market Size, Trends, Share, Report by 2033

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global smart fabrics market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the smart fabrics market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of smart fabrics products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the smart fabrics market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the smart fabrics market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Smart Fabrics Market Companies

  • AiQ Smart Clothing (Taiwan)
  • Clothing Plus Ltd. (U.K.)
  • DuPont (U.S.)
  • Google (U.S.)
  • GENTHERM (U.S.)
  • Interactive Wear (Germany)
  • schoeller Switzerland (Switzerland)
  • Sensoria (U.S.)
  • Textronics (U.S.)
  • Company Check Ltd (U.K.)
  • International Fashion Machines (U.S.)
  • Vista Medical (U.S.)
  • Nike, Inc (U.S.)
  • O’NEILL (U.S.)
  • Wearable Technologies Limited (U.K.)
  • Thermosoft International Corporation (U.S.)
  • Fibretronics Sales (Pty) Ltd (South Africa)
  • Peratech Holdco Limited (U.K.)
  • Bonfiglioli (Italy)
  • APEX MILLS (U.S.)
  • H.B. Fuller Company (U.S.)

Segments Covered in the Report

By Product

  • Passive Smart
  • Active Smart
  • Very Smart

By Function

  • Sensing
  • Energy Harvesting
  • Luminescence and Aesthetics
  • Thermo-Electricity
  • Others

By End Users

  • Fashion & Entertainment
  • Sports & Fitness
  • Medical
  • Transportation
  • Defense & Military
  • Architecture

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Fabrics Market 

5.1. COVID-19 Landscape: Smart Fabrics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Fabrics Market, By Product

8.1. Smart Fabrics Market Revenue and Volume, by Product, 2024-2033

8.1.1 Passive Smart

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Active Smart

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Very Smart

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Smart Fabrics Market, By Function

9.1. Smart Fabrics Market Revenue and Volume, by Function, 2024-2033

9.1.1. Sensing

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Energy Harvesting

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Luminescence and Aesthetics

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Thermo-Electricity

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Smart Fabrics Market, By End Users 

10.1. Smart Fabrics Market Revenue and Volume, by End Users, 2024-2033

10.1.1. Fashion & Entertainment

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Sports & Fitness

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Medical

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Transportation

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

10.1.5. Defense & Military

10.1.5.1. Market Revenue and Volume Forecast (2021-2033)

10.1.6. Architecture

10.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Smart Fabrics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Function (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by End Users (2021-2033)

Chapter 12. Company Profiles

12.1. AiQ Smart Clothing (Taiwan)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Clothing Plus Ltd. (U.K.)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. DuPont (U.S.)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Google (U.S.)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. GENTHERM (U.S.)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Interactive Wear (Germany)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. schoeller Switzerland (Switzerland)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Sensoria (U.S.)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Textronics (U.S.)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Company Check Ltd (U.K.)

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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