Smart and Interactive Textiles Market would surpass US $ 16.4 billion by 2030: Report

The global Smart and Interactive Textiles Market was estimated at US $ 2,147.6 million in 2021 and is expected to reach a valuation of about US $16.4 billion by 2030, progressing at a CAGR of 25.6 per cent from 2022 to 2030.

Smart and interactive textiles are fabrics integrated with technologies like edge computing, cloud data, artificial intelligence (AI)and Bluetooth Low Energy (BLE) that can monitor and communicate wearers’ data.

According to the report published by Global Market Insights Inc., surging investments in R&D to make highly equipped soldier uniforms that provide camouflage effects, intelligent sensing and responding capacity in war situations, coupled with smart technologies in fabrics for a lighter load and fewer equipment, have boosted the use of smart and interactive textile in military and defence applications.

Smart textiles in military usage are capable of monitoring the wearer’s performance and are outfitted with GPS systems, sensors and activity trackers that offer numerous attributes,namely, insulating properties, ballistic protection and waterproof fabric.

Accelerated by these factors, the military and defence application segment is speculated to grow massively at a CAGR of over 28.5 per cent from 2022 to 2030. In the regional landscape, Europe’s smart and interactive market is anticipated to depict sizable expansion to capture approximately 28 per cent industry share by 2030.