Advancements in the textile industry, namely nanotechnology, biosensors, and miniaturized electronics are growing the demand for the global smart textile market. Additionally, rise in demand for wearable clothes, increasing demand for sophisticated gadgets such as smart phones, tablets and laptops and smart wireless sensor networks are some of the key factors driving the growth of the global smart textile market. These textiles are used as protection from environmental hazards such as radiation and atmospheric pollution. Lack of standards and regulations for the usage of smart textiles is the factor effecting the growth of the market. The information is based on a fresh market research report from IndustryARC, titled “Smart Textile Market: By Type (Thermoelectric, Sensing, Energy Harvesting, Luminescent and Others); By Application (Fashion, Military, Medical, Sports and Fitness, Automotive and Others) - Forecast (2018 - 2023).” 

Global Smart Textile Market: Demand Analysis
Smart textiles are designed and developed to incorporate technologies that provide increased functionality to the wearer. Immense possibilities with the Internet of Things (IoT) and increasing demand for connectivity from end use industries such as textile, health care, defense, military, sports, and clothing are the factors driving the growth of the smart textile market. In the present scenario, smart textiles have already proven their worth across sports and military applications wherein they control body weight, temperature, and external vibrations to improve the performance of a sportsperson. 

On top of that, the growing need for supportive and performance-enhancing garments has led to the introduction of smart textiles in the military sector. Inclination of the military in this market can be determined by the fact that U.S Air Force is all set to invest $237 million on the uniforms, which is scheduled to be complete by April 2021. Similarly, in UK, a Surrey-based company scored an investment of £234,000 from the CDE (Centre for Defense Enterprise) to design  uniforms using electrically conducting yarn woven directly into the clothing, replacing cumbersome batteries and cabling.

Browse 52 Market Tables, 176 Figures spread through 163 slides and an in-depth TOC on “Smart Textile Market (2018 - 2023)

Smart Textile Market: Disruptive Drivers and Trends
  • Integration of Nanotechnology principles in the development of the new generation army uniforms and equipment. It provides UV protection, water and stain resistant, and anti-bacterial fabrics as attires. Tracing the developments in military uniforms worldwide, such innovations are forecast to stroke the market with abundant demand.
  • Increase in the fusion of the Bluetooth Low Energy (BLE) technology with textiles. This technology is designed with connectivity to mobile phones, low power consumption, and multi-vendor interoperability. Wearables enabled with BLE technology can sense and display data by using an internet connection. 
  • The incorporation of the new metal deposition technique in smart textiles. The metals include silver, gold and platinum are used for inserting sensors and batteries into fabrics like paper and cotton textiles. Sensors can aid in monitoring temperature, heart rate and several other vital parameters in the flourishing healthcare sector.

Introduction of Graphene based electronic fibers for wearable technology, which has opened a whole new avenue to reach targeted customers and the players operating in the smart textiles market. 
Some of the major players operating in the smart textile market are Textronics, Nanoware, Texas Instruments Inc., Schoeller Textiles AG and Fibertronic Limited. 

Smart Textiles, also known as electronic textile or smart fabrics are designed and developed to include technologies that provide increased functionality to the wearer. Increasing demand for sophisticated gadgets such as smartphones, tablets, and laptops is the factor driving the growth of the smart textile market. Owing to the technological embedment in fabrics such as sensors they are also employed in the flourishing healthcare sector for recording and transmitting data.

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