Emerging trend of electronics miniaturization together with growing integration of smart textiles with wearable devices is one of the key factors driving the market growth of smart textiles.  In the field of health and sports, smart textiles are increasingly being used to monitor muscle vibrations, regulate body temperature and protect against various hazards. Additionally, several innovations in electronics have made it easier to integrate smart textiles and compact electronic components such as sensors, batteries, and control panels into wearables and electronic devices. Moreover, increasing product introduction in the defense sector acts as another growth driver. (1)
Wearable healthcare devices will remain another major sector favored by cellular connectivity throughout the forecast period. These devices enable consumers to track vital health information inside and outside the hospital environment. (2)
Smart Textile Market is expected to reach US $30.45 billion by 2029 with an estimated annual growth rate of 28.4%, especially thanks to growth in the active/ultra-smart textile segment.