Global smart textile market to reach USD 5.55
billion by 2025
The international smart textile market size is anticipating
a huge growth and reach USD 5.55 billion by 2025,
registering a CAGR of 30.4% over the forecast period,
revealed ResearchAndMarkets study.
Super-fast development in the field of research and
development and increasing adoption of smart fabric are
going to contribute the most to its future growth, said the
Global demand for smart textiles is mainly driven by the
increasing penetration of smartphones and other high-tech or
Leading tech giants have already ventured into this field
and increased their R&D to lay the initial work for their
smart fabric products. Recently software giant Microsoft
also made it public that it will claim its stake in this
A new patent filed by Microsoft and published by the USPTO
details the company’s venture into smart fabric technology.
The patent titled ‘Electronically Functional Yarn,’
Microsoft explains how it will embed electronic
functionality into yarns that are typically
The patent depicts a smart shirt with smart fabric
technology, the technology applies to numerous other devices
that include textile exterior surfaces.
Global smart textile market is anticipated to witness a
substantial growth owing to increasing product demand from
several applications, such as sports and fitness.
Smart fabric fashions are the next upsurge in textiles and
they allure the consumers with their style and innovation.
From sports and fitness to medical and healthcare, to
automotive and transportation, to safety/military almost
every industry has immense untapped potential in smart
The defense and military segment is anticipated to account
for the highest market share by 2025, while sports and
fitness segment will register the fastest CAGR over the
North America accounted for over 47% of the overall share in
2018, thus, leading the global market and is likely to
maintain the dominance even during the estimated period
Key companies in the market include Adidas AG; Ohmatex ApS;
Peratech Ltd.; Infineon Technologies; Clothing+; Fibertronic
Ltd.; Weartech; and Tektronix, Inc etc. Funding and
investments by government organizations are estimated to
help these firms in product development and innovation
According to the study, industry stakeholders include a
number of entities, such as system integrators and Original
Equipment Manufacturers (OEMs), as well as manufacturers of
textiles and electronic components.