E-textile Market by Application, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR43384
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The e-textile market has the potential to grow by USD 10.25 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 28.74%.

This e-textile market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (military and defense, architecture, sports and fitness, transportation, and others), geography (North America, Europe, APAC, South America, and MEA), and application (passive e-textile, active e-textile, and ultra-smart textile). The e-textile market report also offers information on several market vendors, including 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.

What will the E-textile Market Size be in 2021?

E-textile-Market-Market-Size-2020-2025

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E-textile Market: Key Drivers and Trends

The high demand for health-monitoring wearables is notably driving the e-textile market growth, although factors such as high manufacturing cost may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the e-textile market industry get your FREE report sample now.

  • High demand for health-monitoring wearables is a key driver influencing the e-textile market growth.
  • The global e-textile market is expected to experience tremendous growth in the medical and healthcare sector. This growth is likely to be driven by the rising demand for smart apparel and high-performance health monitoring equipment.
  • E-textiles are used in designing and manufacturing sportswear for extreme sports.
  • Athletes are constantly striving to improve their performance. With the help of e-textile, they record data for later analysis.
  • Athletes opt for lightweight equipment that can be fitted to their sportswear for further performance assessment as well as enhancement.
  • E-textiles in the fitness and sports segment also helps in coaching the players and fitness seekers. They help in the improvement of golf swings, tennis serves, and ski techniques.
  • Rising number of lifestyle diseases is another key factor driving the e-textile market growth. As a result of lifestyle changes and the rising consumption of unhealthy food, the number of lifestyle diseases increased over a decade.
  • The increasing cases of illness and diseases are triggering the demand for devices to track and monitor various health vitals.
  • Lifestyle diseases such as insomnia, diabetes, and cardiovascular disease are more prevalent among baby boomers. 
  • The rise in the number of lifestyle diseases is leading to the increased adoption of wearable technology such as patches and e-textiles. This will likely drive the growth of the global e-textile market during the forecast period.

This e-textile market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major E-textile Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 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.
  • Xenoma Inc.

 

The e-textile market is concentrated and the vendors are deploying growth strategies such as innovation in user-friendly interface and design to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the e-textile market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for E-textile Market?

E-textile-Market-Market-Share-by-Region-2020-2025

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38% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for e-textile market in North America. Market growth in this region will be slower than the growth of the market in APAC and South America.

The rapid digitization in the US and Canada, which is leading to the higher adoption of wearable devices and applications, will facilitate the e-textile market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the E-textile Market?

E-textile-Market-Market-Share-by-End-2020-2025

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The growth of the global e-textile market by military and defense is likely to be high during the forecast period. The military and defense sectors have a high requirement of fabrics integrated with information technology (IT) components to manage extreme environmental conditions and critical situations. The demand from the military and defense segment will be a key driver boosting the growth of the e-textile market.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the e-textile market size.

 

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What are the Key Factors Covered in this E-textile Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive e-textile market growth during the next five years
  • Precise estimation of the e-textile market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the e-textile industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of e-textile market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The e-textile market growth will increase by $1859.27 million during 2019-2024.
The e-textile market is expected to grow at a CAGR of 18.45% during 2019-2024.
Technavio has segmented the e-textile market by end user (Military and defense, Architecture, Sports and fitness, Transportation, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
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., Xenoma Inc. are a few of the key vendors in the e-textile market.
North America will register the highest growth rate of 37.47% among the other regions. Therefore, the e-textile market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • France
  • Canada
  • Germany
The key factors driving the e-textile market growth are:
  • High demand for health-monitoring wearables
The e-textile market vendors should focus on grabbing business opportunities from the military and defense segment as it accounted for the largest market share in the base year.
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