Top 10 Companies in Smart Fabrics Market
Smart Fabrics Market to Reach 12991.2 Million by 2028
Market Overview:
According to vantage market research the Global Smart Fabrics market is valued at 1,920.8 Million in 2021 and is projected to reach a value of 1299.2 Million, at a CAGR of 31.4% over the forecast period 2022-2028.
Smart fabrics are advanced fabrics developed with novel technologies, which offers value add to the users. Some of these fabrics also accumulate energy from the surroundings by extracting vibrations, heat, or sound, and by responding to the inputs provided. Such textiles have varied applications to enhance performance and adds aesthetic value. For instance, the fashion industry uses such kind of fabric by which the costumes has been made because of its light up and color changing properties.
New emerging technologies such as artificial intelligence (AI) and Internet of Things (IoT) has completely changed the look and feel of textile industry. Smart apparels are being produced with the aid of integrated AI, Bluetooth Low Energy (BLE), edge computing, and cloud technology. This technology helps to monitors & communicates the user's information, including blood pressure, heart rate, perspiration, and temperature. AI gathers historical and real-time operational data & provide insights, which can enhance the user’s efficiency. Defect detection, pattern inspection, and color management are some of the key applications of AI in fabric manufacturing. The use of artificial intelligence has made it possible to increase the production of smart apparel that helps IoT and electronic sensors to create a rewarding user experience.
Following are the top 8 leading companies in Smart Fabrics market:
- AiQ Smart Clothing, Inc.
- DowDuPont, Inc.
- Hexoskin (Canada)
- Interactive Wear AG
- Marktek, Inc. (USA)
- Milliken & Company (USA)
- Noble Biomaterials, Inc. (USA)
- OhmatexApS (Denmark)
- Outlast Technologies LLC (USA)
Company Name |
Revenue in USD |
· AiQ Smart Clothing, Inc. |
<$5 Million |
· DowDuPont, Inc. |
$20 Billion |
· Hexoskin (Canada) |
<$5 Million |
· Interactive Wear AG |
$7 Million |
· Marktek, Inc. (USA) |
<$5 Million |
· Milliken & Company (USA) |
$3 Billion |
· Noble Biomaterials, Inc. (USA) |
$23 Million |
· OhmatexApS (Denmark) |
$5 Million |
· Outlast Technologies LLC (USA) |
<$5 Million |
· Schoeller Textiles AG (Switzerland) |
$7 Million |
Headquartered in the Taiwan, china, the major goal of company is to create interactions with external world. AiQ is recognized as a pioneer in the smart clothing industry. Starting as the Innovation Group within KingsMetal Fiber, a leader in stainless steel fiber based woven fabric for specialty glass applications such as automotive glass. The consistent growth in IoT ecosystem has been done through multiple types of tiny low power sensors that can sense a variety of status & activity which fuels the M2M and IOT industries. The company took an effort to alter the status quo by fusing semiconductors with textiles to create a new generation of apparel and other textile.
DowDuPont, Inc. was established in 2017. Headquartered in U.S., the company creates an essential innovations by enabling connectivity & mobility, healthy & active lifestyle and urbanization & safety. The company provides their business facilities into various sectors such as, Electronics & Industrial, Mobility & Materials and Water & Protection. The company delivers a broad range of technology-based products and solutions to the automotive, electronics, industrial, consumer, medical, photovoltaic and telecom markets. The company aims to create water, shelter and safety solutions for a more sustainable world.
Hexoskin was established in 2006. Headquartered in Montreal, CA, the company provides Comfortable & Washable Garment. The company also supports academic & institutional research and provides textile sensors embedded into comfortable garments for precise and continuous cardiac, respiratory, and activity monitoring. Hexoskin gives customers insights into their Health Status, sleep, and personal daily activities.
Headquartered Germany, the company develops and produces electronic systems designed for textile integration & wearable systems. Interactive Wear AG enabling customers to digitize, interconnect and innovate their products. The company's functional focus covers heating, light, and sense and feedback solutions. The company utilizes technologies such as flexible conductive textiles, connectivity components and modular electronics platforms. The company's distributed software architecture includes real-time embedded systems, application software and mobile applications. The company provides facilities such as, product development, consulting & engineering, and components & systems.
Marktek, Inc. was established in 1994. Headquartered U.S., the company is a global supplier of high-tech, EMI shielding and conductive, resistive, and microwave-absorptive materials. The company's specialty materials include a broad variety of high-quality conductive, resistive, and microwave-absorptive fabrics, fibers, foams, felts, fillers, meshes, gaskets and tape. Marktek Inc. carries fabrics that possess surface resistivities ranging from <0.1 ohm/sq up to over 100 Mohm/sq, and its Fibreohm™ resistive wire product line ranges from about 5 ohm/in up to 500K ohm/in.
Milliken & Company was established in 1884. Headquartered in U.S., the company is a global leader in specialty chemicals, floor covering, and textiles and provides innovative products, empowering individuals and building a brighter future.
Noble Biomaterials, Inc. was established in 1997. Headquartered in U.S., the company is registered as a medical device manufacturing facility by the US FDA and has numerous 510(k) medical device clearances. The company is a manufacturer of several EPA-approved antimicrobial products. These products are used in hospitals, burn care centers, military installations, and US embassies throughout the country and around the world.
OhmatexApSwas established in 2004. Headquartered in Europe, the company develops a range of nano structured bio-based materials as a means to expand and grow the European circular economy and resolve problems linked to end-of-life and disposal of technological products. The company addresses development of bio based materials for printed electronics and demonstrates their application in a smart wearable for physiological monitoring.
Outlast Technologies LLC was established in 1990. Headquartered in Heidenheim, the company is the world leader in solutions relating to proactive heat management and a recognized specialist in this field. The company is the temperature specialist among manufacturers of high-performance textile materials. To ensure the highest quality standards, in collaboration with manufacturers the company check their laboratory fulfills the high functional criteria or not.
SchoellerTextil AG was established in 1867. Headquartered in Switzerland, the company is a textile manufacturer. The company specializes in the sustainable development and production of innovative textiles and textile technologies. The company addresses specific customer requirements and supplies their customers & partners with tangible added value.
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