(MENAFN– EIN Presswire) The report details the global e-textile market by type, product, application, functionality, and region.
The classic Electronics segment is expected to grow the most, with a CAGR of 6.5% during the forecast period. – Allied Market Research, WILMINGTON, DE, October 22, 2024 /EINPresswire/ — The global e-textile market generated $367.2 million in 2021 and is projected to reach $721.8 million by 2031, with a CAGR of 7.4% from 2022 to 2031. The report provides insights on strategies, market trends, size, value chain, investment opportunities, and the competitive landscape for stakeholders looking to enhance their market position.
Download Sample Report:
Drivers:
- Rising living standards
- Increased demand for smart clothing
Opportunities:
- Growing use of e-textile wearables in military, defense, and healthcare
- High-performance health-monitoring clothing technology
Constraints:
- Privacy and security issues
- Limited consumer base
The report segments the global e-textile market by type, with modern electronics holding nearly two-thirds of the market share in 2021 and expected to grow at the fastest rate of 7.9%.
The ultra-smart product segment held about 40% of the market share and is projected to grow at a CAGR of 8.2%. The defense application segment dominated, comprising one-third of the market, while healthcare is expected to grow rapidly at a CAGR of 10.0%.
The sensing functionality segment led the market with nearly one-third of the share, while thermoelectricity is projected to grow fastest at a CAGR of 9.2%.
Regionally, Europe held over one-third of the market share, with the Asia-Pacific expected to grow at the fastest rate of 8.5%.
Key Players:
- CARRE? TECHNOLOGIES Inc.
- Chronolife
- E.I. du Pont de Nemours and Company
- INTERACTIVE WEAR AG
- Mitsufuji Corporation
- Myant Health
- Outlast Technologies GmbH
- sanSirro GmbH
- Schoeller Textile AG
- SENSING TEX, S.L.
- Sensoria Inc.
- Sunstar Taiwan ENT. CO., LTD.
- Tex-Ray Industrial Co., Ltd.
- TORAY INDUSTRIES, INC.
- Vista Medical Ltd.
- Vulpe?s Electronics GmbH
- Xenoma Inc.
Similar Reports:
- Incentive Travel Market
- Fitness Equipment Market
- Athleisure Market
David Correa
Allied Market Research
+1 800-792-5285
email us here
Legal Disclaimer:
EIN Presswire provides this content “as is” without warranties. We do not take responsibility for the accuracy or reliability of the information. For complaints or copyright issues, contact the author above.
`
