Smart Fabrics Market
Smart Fabrics Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Passive, Active, Very Smart
- By Functionality Sensing, Energy Harvesting, Luminescence & Aesthetics, Thermoelectricity, Others
- By End User Fashion & Entertainment, Sports & Fitness, Medical, Transportation, Defense & Military, Architecture
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2519.04 Million |
Revenue 2030: | USD 22116.06 Million |
Revenue CAGR (2023 - 2030): | 31.20% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Smart Fabrics Market by Product by Functionality by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Smart Fabrics in terms of revenue?
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The global Smart Fabrics valued at USD 2519.04 Million in 2022 and is expected to reach USD 22116.06 Million in 2030 growing at a CAGR of 31.20%.
Which are the prominent players in the market?
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The prominent players in the market are Adidas AG, AiQ Smart Clothing Inc., Clothing+ (Jabil Circuit, Inc.), EXO2, OTEX Specialty Narrow Fabrics Inc., Gentherm, Inc., Mide Technology Corporation, Nike, Inc., Ohmatex ApS, Sensing Tex SL, Sensoria Inc., Thermosoft International Corporation, and Kolon Industries Inc..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 31.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Smart Fabrics include
- Increased penetration of wearable technology to drive the market demand
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Smart Fabrics in 2022.