
Region:Asia
Author(s):Shubham Kashyap
Product Code:KROD612
October 2024
98

The India Smart Textiles market is segmented by various factors like product, application, and region.
By Product Type: The India Smart Textiles Market is segmented by product type into wearable textiles, fabric sensors, and smart clothing. In 2023, wearable textiles held the dominant market share due to their widespread use in fitness and health monitoring applications. The integration of sensors and electronics into everyday clothing items has made wearable textiles highly popular among health-conscious consumers and athletes.

By Application: The market is also segmented by application into healthcare, sports & fitness, military & defense, and entertainment. In 2023, the healthcare segment held the largest market share due to the increasing use of smart textiles in patient monitoring, rehabilitation, and preventive care. These textiles are crucial in providing continuous health data, improving patient management, and reducing healthcare costs.

By Region: The India Smart Textiles Market is segmented by region into north, south, east, and west. In 2023, the South region held the dominant market share due to its advanced textile manufacturing infrastructure and technological advancements. States like Tamil Nadu and Karnataka lead in smart textile production, supported by government initiatives and investments in R&D.
|
Company Name |
Establishment Year |
Headquarters |
|
Welspun India |
1985 |
Mumbai, Maharashtra |
|
Reliance Industries |
1973 |
Mumbai, Maharashtra |
|
Arvind Limited |
1931 |
Ahmedabad, Gujarat |
|
Jaya Shree Textiles |
1949 |
Kolkata, West Bengal |
|
Raymond Ltd |
1925 |
Mumbai, Maharashtra |
India Smart Textiles Future Market Outlook
The India Smart Textiles Market is poised for remarkable growth, driven by expansion into new applications, increased government support, and integration of ai and machine learning.
|
By Product |
Wearable Textiles Fabric Sensors Smart Clothing |
|
By Application |
Healthcare Sports & Fitness Military & Defense Entertainment |
|
By Region |
North South East West |
1.1 Market Taxonomy
3.1 Growth Drivers
3.2 Market Challenges and Issues
3.3 Market Trends and Development
3.4 Market Government Regulation
3.5 Market SWOT Analysis
3.6 Market Stake Ecosystem
3.7 Market Competition Ecosystem
4.1 By Product (in %), 2023
4.2 By Application (in %), 2023
4.3 By Region (in %), 2023
5.1 Cross-Comparison (no. of employees, company overview, business strategy, USP, recent development, operational parameters, financial parameters and advanced analytics)
7.1 By Product (in %), 2028
7.2 By Application (in %), 2028
7.3 By Region (in %), 2028
8.1 TAM/SAM/SOM Analysis
8.2 Customer Cohort Analysis
8.3 Marketing Initiatives
8.4 White Space Opportunity Analysis
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Collating statistics on India Smart Textiles market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for India Smart Textiles market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Our team will approach multiple essential textile companies and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from textile companies.
In the last five years, the India Smart Textiles Market has experienced substantial growth, this is reflected by the global smart textiles market reaching a valuation of USD 6.6 billion in 2023 driven by the increasing demand for advanced textiles in various industries such as healthcare, military, and sports
Challenges in the India Smart Textiles Market include high production costs, limited consumer awareness and acceptance, and evolving regulatory standards. These factors hinder widespread adoption and market growth.
Key players in the India Smart Textiles Market include Welspun India, Reliance Industries, Arvind Limited, Jaya Shree Textiles, and Raymond Ltd. These companies are known for their innovation, extensive R&D, and strong market presence.
Growth drivers for the India Smart Textiles Market include the increasing integration of smart textiles in healthcare, rising demand in the fitness and sports sector, and robust government support and funding for research and development.
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