Europe Smart Fabric in Fashion & Entertainment Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Smart fabrics, or E-fabric else as electronic textiles, are the clothes that have electronics and digital components embedded in them. These are the fabrics that can stimuli from the environment and alter to those stimuli in a specific manner. Smart fabrics can contain sensors, communication and processing for applications in automotive, consumer items and health observing devices by the use of sensors, actuators and various other electronic devices.
Europe Smart Fabric in Fashion & Entertainment Market Segments Size & Growth:
Europe Smart Fabric in Fashion & Entertainment Market is accounted for $XX Billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth increase in wearable electronic industry fueling the Smart Fabric in Fashion & Entertainment market, rapid growth in low cost smart wireless sensors, increasing popularity on gadgets with advanced functions. However, high cost, and lack of regulations which are fettering the growth of the Europe Smart Fabric in Fashion & Entertainment market.
Europe Smart Fabric in Fashion & Entertainment Market Segments Share:
Europe Smart Fabric in Fashion & Entertainment market is categorised into by function which consists of sensing, thermoelectricity, energy harvesting, and luminescence & aesthetics. Sensing is the dominant market among another function segment in smart fabric market because of the textile sensors as they have the capability of sensing and monitoring
Europe Smart Fabric in Fashion & Entertainment Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
in various applications like personal protective equipment, medical, military, aerospace, and sports. By products, it is classified by active smart, ultra-smart, and passive smart. The active smart fabric is the fastest growing among other product in the Europe smart factory market because of the integration of sensors as well as actuators. They are available in the form of heat evolving fabrics and also in electrically heated suits along with the features such as shape memory, heat storage, and water resistance. Among other materials light emitting or the luminous fabric is a type of fabric material that lights up; it is generally made of ultra-thin optic fibre directly woven with synthetic fibre.
By Geography, Germany is the dominating market in the Europe fabric market because of the increasing automobile industries, information technology and electronics sector in this region. The UK is the fastest growing market due to the increase in adoption of smart wearables and connected cars in this region.
Europe Smart Fabric in Fashion & Entertainment Market Segments Trends:
- In January 2018, Schoeller Technologies has launched a new Schoeller spirit which naturally warms the fabric along with Nilit heart yarn which is made of coffee charcoal and PFC free biotechnology which is a renewable raw material.
- In January 2017, Sensoria, Inc. introduced smart sock with ultra-lightweight with the incorporation of pressure sensors which will protect from sweat and water
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Europe Smart Fabric in Fashion & Entertainment Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
especially for athletes.
In December 2017, Outlast has launched Outlast Xelerate a heat spreader to build up the heat for climatic regulations by using PCM process.
Europe Smart Fabric in Fashion & Entertainment Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players are:
- I.Du Pont De Nemours and company
- Ohmatex ApS
- AIQ Smart Clothing Inc.
- Toray Industries
- Outlast Technologies LLC
- Schoeller Technologies AG
- Interactive Wear AG
- Textronics Inc.
Along with these companies, there were many other companies considered/cited in the report while analysing the smart fabric in fashion & entertainment market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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