Electronic Textile Sales Market Size, Share, Growth, And Industry Analysis, By Type (Passive Electronic Textiles, Active Electronic Textiles & Ultra-Electronic Textiles) By Application (Military Uses, Civil Uses, Healthcare Uses & Others), Regional Insights, and Forecast To 2031

Updated On: 29 April 2024

Electronic Textile Sales Market Report Overview

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The global electronic textile sales market size was USD 3022.9 million in 2021 & the market is expected to generate substantial revenue USD 17505.98 million in 2031, with a CAGR of 19.2% during the forecast period.

The manufacture of wearable technology and smart textiles that incorporate electronic elements into their design, such as sensors, actuators, and communication devices, is referred to as the electronic textile sales industry. Among other industries, the domains of healthcare, sports and fitness, fashion, the military, and entertainment all have potential uses for electronic textiles (or "e-textiles"). E-textiles frequently include conductive components, such as metals or conductive polymers, that are woven, printed, or coated into the fabric.

Electrical signals can be transmitted to and from electronic components like sensors or microcontrollers using these conductive materials. E-textiles can be used for a variety of purposes, including in the fields of entertainment, sports, fashion, and healthcare. They provide a distinctive fusion of design and practicality, making them a desirable alternative for customers looking for wearable technology that is both functional and stylish.

COVID-19 Impact: Industry Imbalance Causes Market Distortion

For chemicals and advance materials, the COVID-19 outbreak resulted in issues like unstable markets, a decline in client confidence, and challenges with import and export business. The global supply chain includes the sourcing of raw materials, packaging, and distribution. Moving commodities, chemicals, and other items has become challenging due to lockdowns. It had a financial impact on the markets for material in addition to having an immediate impact on markets, supply chains, supply and demand, and all of these other things. Producers of chemicals are focusing on protecting their workforce, operations, and supply networks in order to handle this urgent situation. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall chemicals and advanced materials industry. This has partially impacted the electronic textile sales market. 

LATEST TRENDS

"Military & Defense Industry to Boost the Market Growth"

The key trend boosting the market is the military and defense Industry. Soldiers can wear smart uniforms that can detect chemical and biological agents, monitor vital signs, and communicate with other soldiers and commanders. Electronic textile sales can be used to incorporate various types of sensors into clothing and equipment, including chemical and biological sensors, environmental sensors, and motion sensors. This can provide real-time information about the wearer's surroundings and help to improve situational awareness. E-textiles can be used to create clothing and gear that enables soldiers to communicate with each other and with their commanders. This trend helps the market to boost sales. This can include antennas and conductive threads that enable wireless communication, as well as built-in displays and control panels. It can also be used to incorporate energy harvesting and storage technologies into clothing and equipment. This can enable soldiers to power their devices and equipment using their own body heat or movement, reducing the need for external batteries. Thus, during the forecast period, the aforementioned factors are anticipated to fuel market growth. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is the increasing demand of products in military industry. These new developments are mostly to blame for the market's overall growth.

Electronic Textile Sales Market Segmentation

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• By Types 

Based on type, the market is classified into passive electronic textiles, active electronic textiles & ultra-electronic textiles.

• By Application

Based on the market is categorized into military uses, civil uses, healthcare uses & others.

DRIVING FACTORS

"Textiles Technologies that Give the Market Extra Boost"

The growth of the electronic textile sales business has been significantly fueled by improvements in textile production technologies. Electronic components may now be incorporated into fabrics thanks to advancements in textile production technology, giving rise to a new category of "smart textiles" that can detect and react to environmental changes. With the use of components like conductive yarns and fibers, textile manufacturers can now produce fabrics that are conductive. Directly on the fabric's surface, circuits and sensors can be built using these materials. The development of flexible electronic components, such as thin-film transistors and flexible batteries, has made it possible to integrate electronics into textiles without compromising their flexibility or durability. Also, digital printing technologies can be used to apply conductive inks directly onto fabrics, creating functional electronic circuits without the need for traditional PCBs. All these factors improve the market value. As a result, the growth, and the increasing textiles technologies will boost the industry. It will contribute to the expansion of the chemicals & advanced materials industry and it will improve the electronic textile sales market growth.

"Healthcare Sector to Encourage Market Expansion"

Another factor boosting the market is product use in the Healthcare sector. Electronic textile sales are being used in healthcare and medical applications, such as smart bandages that can monitor the healing process of wounds and garments that can monitor the vital signs of patients. This is driving demand for e-textiles in the healthcare industry. Monitoring patient vital signs: E-textiles can be embedded with sensors to monitor a patient's vital signs, such as heart rate, respiration rate, and body temperature. This data can be transmitted wirelessly to healthcare providers, enabling them to monitor patients remotely. It can be used to create smart bandages that monitor the healing process of wounds. These bandages can detect changes in temperature, pH levels, and other indicators of infection or inflammation, allowing healthcare providers to take timely action. Also, it can enable remote patient monitoring, which is especially useful for patients with chronic conditions who need ongoing care. Over the course of the forecast period, the market is anticipated to grow as a result of all these advanced features. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"High Cost to Impede Market Expansion"

The high cost of producing electronic textile sales items is one factor limiting the sales of electronic textiles. It can be more expensive to produce since it takes specialized tools and knowledge to incorporate electronic components into fabrics. Additionally, the market for electronic textile sales is still quite small, so there might not be much room for cost-saving economies of scale. This obstacle prevents the market from growing.  This factor is impeding market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Electronic Textile Sales Market Regional Insights

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"North America Dominating the Market Across the Globe"

The market for electronic textile sales is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the electronic textile sales market share is the growing demand of product in the military uses, civil uses & healthcare uses is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Milliken (U.S.)
• Dupont (U.S.)
• Peratech (U.K.)
• Outlast (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost electronic textile sales market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.