e-textile market: 38% of growth will come from North America | Market Share, Information, Report, Trends, Analysis and Forecast

Growth in the market share of e-textiles by military and defense sector will be significant during the forecast period. The military and defense sectors have a strong demand for integrated fabrics with information technology (IT) components to handle extreme environmental conditions and critical situations. Demand from the military and defense segment will be a key driver driving the growth of the e-textile market.

  • Offscreen :
    • Architecture
    • Sport and fitness
    • Transportation
    • Others

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Additionally, the report also provides Value chain analysis which helps businesses gain a competitive advantage in the marketplace. The E-textile market value chain includes the following basic components:

  • Submissions
  • Inbound Logistics
  • Operations
  • External logistics
  • Marketing and Sales
  • Service
  • Support activities
  • Innovation

Strong points-

  • Segmentation- The report covers in detail market segmentation by end user (military & defense, architectural, sports & fitness, transportation and others), application (passive e-textile, active e-textile and ultra-smart textile) and geography (North America, EuropeACPA, South Americaand MEA)
  • Key Companies- AiQ Smart Clothing Inc., BAE Systems Plc, Carré Technologies Inc., DuPont de Nemours Inc., Jabil Inc., Ohmatex AS, Schoeller Textil AG, Sensoria Inc., Vista Medical Ltd. and Xenoma Inc., among others
  • Driver- Strong demand for wearable health monitoring devices to drive the market
  • Challenge– High manufacturing cost to restrain market growth

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Overview of Suppliers-

The e-textile market is concentrate and sellers are deploying growth strategies such as innovation in user-friendly interface and design to compete in the market.

AiQ Smart Clothing Inc.- The company offers smart textile solutions such as Organic ManMotion Capture, textile cable and others.

BAE Systems Plc – The company offers smart apparel fabrics such as Broadsword Spine.

Square Technologies Inc.- The company offers Hexoskin Smart Clothing Monitor.

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Learn more about key driver and market challenge-

  • Electronic Textile Market Driver:
    • Strong demand for wearable health monitoring devices:

This growth will likely be driven by growing demand for smart wearables and high-performance health monitoring equipment. Electronic textiles in the fitness and sports segment help train players and fitness enthusiasts and help improve golf swings, tennis serves and skiing techniques. Besides sports, defense and healthcare are the main end-user segments for wearable health monitoring devices. In the military and defense, these wearable devices are used to monitor and relay vital health statistics of soldiers in the field. It allows medics in the field and rescue teams to act immediately in an emergency. Moreover, these e-textiles are also used in personal protective equipment and clothing to reduce the extent of risks users are exposed to and provide them with suitable external stimuli based on the environment. Therefore, the introduction of highly functional e-textiles helps to monitor and improve the overall health of an individual. This will lead to high adoption of these wearable devices during the forecast period.

  • Electronic Textile Market Challenge:

E-textiles have a much higher price than regular textiles, as these products involve the incorporation of electronic components and technologies such as nanotechnology and BLE technology. The high R&D investments required for the development of these products also increase the final cost. Products based on advanced technologies such as nanotechnology and BLE technology are integrated into woven fabrics or textiles to develop e-textiles. The cost of producing these fabrics has increased over the years with the growing demand for textiles and woven fabrics. Additionally, total employment in the textile industry has increased over the years due to the increase in sales volume and costs related to the production of textiles and fabrics. Asian garment producers have faced a 5% increase in the minimum wage for employees since January 2016. High production costs of textiles and garments will also increase the cost of e-textiles and act as a barrier to market growth.

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Scope of the e-textile market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 28.74%

Market Growth 2021-2025

$10.25 billion

Market structure

Concentrate

Annual growth (%)

18.07

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 38%

Main consumer countries

United States, China, France, Canada and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

AiQ Smart Clothing Inc., BAE Systems Plc, Carré Technologies Inc., DuPont de Nemours Inc., Jabil Inc., Ohmatex AS, Schoeller Textil AG, Sensoria Inc., Vista Medical Ltd. and Xenoma Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2 Market landscape

  • 2.2 Value chain analysis
    • Exhibit 08: Parent market

3 Market sizing

  • 3.2 Market Segment Analysis
  • 3.4 Market Outlook: Forecast 2020 – 2025

4 Five forces analysis

  • 4.2 Bargaining power of buyers
  • 4.3 Bargaining Power of Suppliers
  • 4.4 Threat of new entrants
  • 4.5 Threat of Substitutes
  • 4.7 Market Status
    • Exhibit 15: Five forces analysis 2020 and 2025

5 Market Segmentation by Application

6 Market Segmentation by End User

  • 6.2 Comparison by end user
  • 6.3 Military & Defense – Market Size and Forecast 2020-2025
  • 6.4 Architecture – Market Size and Forecast 2020-2025
  • 6.5 Sports and Fitness – Market Size and Forecast 2020-2025
  • 6.6 Transportation – Market Size and Forecast 2020-2025
  • 6.7 Others – Market Size and Forecast 2020-2025
  • 6.8 Market Opportunity by End User

7 Customer Landscape

8 Geographic landscape

  • 8.1 Geographic segmentation
  • 8.2 Geographic comparison
  • 8.3 North America – Market size and forecast 2020-2025
  • 8.4 Europe – Market size and forecast 2020-2025
  • 8.5 APAC – Market Size and Forecast 2020-2025
  • 8.6 South America – Market size and forecast 2020-2025
  • 8.7 MEA – Market Size and Forecast 2020-2025
  • 8.8 Major Leading Countries
  • 8.9 Market Opportunity by Geography

9 drivers, challenges and trends

10 Supplier Landscape

  • 10.2 Landscape disturbance

11 Vendor Analysis

  • 11.2 Market Positioning of Suppliers
  • 11.3 AiQ Smart Apparel Inc.
  • 11.5 Carré Technologies inc.
  • 11.6 DuPont de Nemours Inc.

12 Appendix

  • 12.2 Currency conversion rates for the US dollar
  • 12.3 Research methodology
  • 12.4 List of abbreviations

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