Press release
Smart Fabric Market: Size, Share, Trends, and Global Analysis through 2031 | AIQ Smart Clothing Inc., ThermoSoft International Corporation, Eeonyx Corporation.
Smart Fabric Market || 2024-2031
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Global Smart Fabric Market reached US$ 2.6 billion in 2023 and is expected to reach US$ 6.7 billion by 2031, growing with a CAGR of 12.8% during the forecast period 2024-2031.
The smart fabric market involves the development and use of textiles integrated with electronic components to provide added functionalities such as sensing, heating, or communication. These fabrics are used in industries like fashion, healthcare, sports, and automotive for applications such as wearable technology, health monitoring, and smart clothing. The market is expanding due to advancements in material science and the growing demand for innovative, interactive, and functional fabrics.
Competitive Landscape
The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as AIQ Smart Clothing Inc., ThermoSoft International Corporation, Eeonyx Corporation, Ohmatex ApS, Sensoria Inc., Clothing+ (Jabil), MacLellan Rubber, Sensing Tex SL, Adidas AG and Hexoskin.
Key Developments:
In August 2022, an Australian team of biomedical engineers developed a smart textile that incorporates artificial "muscles" to enhance wearable exoskeletons and soft robotics. This innovation aims to improve the functionality and efficiency of wearable devices, making them more effective for rehabilitation and mobility assistance.
In April 2021, Nextiles, a textile production company, entered the sports and performance industry by introducing smart thread technology. This technology captures biometric and biomechanical data, offering valuable insights for athletes and enhancing performance tracking and injury prevention.
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Market Segments
The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Smart Fabric market has been segmented
By Product: Passive Smart, Active Smart, Ultra-Smart.
By Function: Sensing, Energy Harvesting, Luminescence and Aesthetics, Thermo-Electricity, Others.
By End-User: Military and Protection, Architecture, Healthcare, Sports and Fitness, Fashion and Entertainment, Automotive, Others.
Research Process
Both primary and secondary data sources have been used in the global Smart Fabric Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Regional Analysis for Smart Fabric Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Smart Fabric market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Smart Fabric Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Smart Fabric market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Smart Fabric Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Smart Fabric market?
➠ Who are the global key manufacturers of the Smart Fabric Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Smart Fabric market opportunities and threats faced by the vendors in the global Smart Fabric Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Smart Fabric market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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