IDTechEx Research Report Finds the Market for E-Textiles Will Reach Over $2bn per Year by 2028
BOSTON, August 31, 2018 (Newswire.com) - We are in contact with textiles for up to 98 percent of our lives, and they are starting to become intelligent. Part of this revolution includes the integration of electronics and textiles. Electronic textiles (e-textiles) have been in development for decades, but have begun to achieve some commercial successes in the last 20 years. Today, while e-textiles markets remain in relative infancy compared to their parents, many industry players are lining up to offer the next generation of smart textile products. From clothing to bandages, bed linen to industrial fabrics, new products are appearing throughout a variety of verticals as this technology area is increasingly explored.
The recently updated report from IDTechEx, E-Textiles 2018-2028: Technologies, Markets and Players, provides an extremely comprehensive overview of the entire electronic textiles ecosystem. With research over the last 5 years, IDTechEx analysts have compiled details about the entire value chain, revenue data by product type, comments on future market development and forecasts from 2018-2028. The report also includes a list with details of nearly 150 companies and primary interviews with executives and technology experts in over 40 of these players.
This report covers the entire e-textiles value chain, covering the wide range of materials (including metals, polymers, fibres, yarns, textiles (knitted, woven, embroidered, non-woven) and emerging materials) and components (sensors, connectors and the interface to traditional electronics, etc.) used today. It also presents a roadmap for the future, detailing over 30 different academic and early prototype products in areas such as new conductive fibres, stretchable electronics, energy harvesting, energy storage, logic and memory.
In the last few years, IDTechEx has witnessed a developing maturity in the e-textiles value chain. Whilst companies have been able to manufacture and sell e-textiles products for decades, challenges around reliability, cross-compatibility & standards, equipment suitability, materials availability and overhead costs have been prohibitive in many emerging market opportunities. However, thanks to significant investment and partnerships, some of these barriers are being lowered, with more players able to make more advanced e-textile products as less prohibitive prices. These developments improve the chances that emerging e-textile products have against incumbent options in each of the markets they target.
These target markets are critical to enabling future business opportunities in the subject. The report characterizes key market sectors including 'Sports & Fitness', 'Medical & Healthcare', 'Wellness', 'Home & Lifestyle', 'Industrial, commercial, military', 'Fashion' and 'Others' (including automotive). For each, we report on progress among key players and projects, as well as outlining the unmet needs, opinions and data on growth potential for each.
The big picture for e-textiles is extremely exciting. There is an unquestionable potential when combining the comfort, feel and look of textiles with the functionality, connectivity and intelligence of electronics, and these broad-brush industry sectors give only part of the picture. E-textile products are being explored in many exciting niches, from body motion capture, to prevention of multi-billion dollar diseases and side effects, to improving road safety, and many more. Many such areas are discussed in the report, including the latest activities from the most relevant players.
With continuous parallel research across the emerging technology ecosystem (including reports on conductive inks, stretchable electronics, wearable technology, printed electronics, printed and flexible sensors, the Internet of Things, emerging energy storage, and many more) IDTechEx has leveraged a broad network and experience across the team of expert analysts for this research. On top of this, IDTechEx hosts leading events covering e-textile technology, and the analyst team travels, speaks and meets companies globally each year. The result of these efforts enables this report to be the most comprehensive characterisation of the e-textiles industry today, and an excellent resource for any player involved or actively investigating this space.
For more see www.IDTechEx.com/textiles.
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