Smart Fabrics for Transportation Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Smart Fabrics for Transportation Market is Segmented by Component (Automobile Interior Carpets, Automotive Airbags, and Car Upholstery Body Covers), Material (Color-changing Material, Light-emitting Materials, and Moving Materials), Application (Mobility Management, Vehicle Management, and Safety and Security), End-user Industry (Automobiles, Shipping, and Railways), and Geography.

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Smart Fabrics for Transportation Market Size

smart fabrics for transportation market
Study Period 2018 - 2028
Base Year For Estimation 2021
CAGR 24.90 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Smart Fabrics for Transportation Market

*Disclaimer: Major Players sorted in no particular order
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Smart Fabrics for Transportation Market Analysis

The market for smart fabrics for transportation was valued at USD 0.61 billion in 2020 and expected to reach USD 2.46 billion by 2026 and grow at a CAGR of 24.9% over the forecast period (2021 - 2026). The technological advancement in the electronics industry has changed the way we do and perceive things. The Internet of Things has connected everything. Smart fabrics are an important part of this technological advancement and may play a very crucial role in the future, with applications in the transportation industry.

  • With the miniaturization of electronic components, coupled with the emergence of advanced polymers, is driving the market forward. The use of fabrics in automobiles is not only restricted to the upholstery, but they are also used in floor mats, the interior ceiling, seat belt webbings, interior door panels, steering wheel, and gear shift covers.
  • Fabrics are not only meant only for the outward surfaces, which are visible to the eye but are also used in making of insulation for thermal control, inside the vehicle. The versatile nature of these fabrics has made them a key component of automobiles, which is driving the market forward.
  • With the development of fabrics with antistatic properties, tremendous stain proof capabilities and the ability of fabrics to interact with the environment, which helps in the regulation of temperature, are also offered. These properties of smart fabrics have enabled their use in automotive vehicles.

Smart Fabrics for Transportation Market Trends

This section covers the major market trends shaping the Smart Fabrics for Transportation Market according to our research experts:

Mobility Management to Witness Significant Growth

  • Mobility management in transportation comprises all the systems that allow a driver to reach their destination safely and quickly, with optimal fuel consumption, by deploying smart fabrics into the vehicle, which can enhance the vehicle features.
  • With the help of these smart fabric-sensing systems installed in the interior cabins, autonomous vehicles can access real-time traffic information through their onboard navigation systems, and re-route the vehicle to a better route, to avoid traffic jams. They can also provide information on parking lots and refueling stations, which can save travel time.
  • Over the next few years, due to the technological advancements in IoT, drivers would be able to access highway warnings and messages to avoid accidents. Real-time data analytics is capable of utilizing the IoT and Big Data capabilities, to enhance mobility systems and ensure concentrated device uptime. Ultimately, this can reduce costs associated with vehicle management and can benefit the transportation industry.
  • With the increasing penetration of autonomous vehicles, the demand for smart fabrics may also witness an increase, driving the market forward.
smart fabrics for transportation market

North America Occupies the Largest Market Share

  • The North American region occupies the largest market share, owing to the technological advancements and increasing technological penetration among users, and increasing demand from end-user segments, such as aerospace, automobiles, shipping, and railways, which are the primary growth driver for the smart fabrics for the transportation market, in this region.
  • Furthermore, major players in this region have launched many efficient and highly advanced products as compared to older products, to deliver the prevailing services.
  • Furthermore, with the emergence of information technology and increased usage of IoT devices in automotive applications, have added a new dimension in the manner of conducting business operations in this region. Also, with the deployment of smarter fabrics functional systems, based on IoT techniques, it is helping the transportation industry in establishing and maintaining an operational process, which is directly boosting the market studied.
smart fabrics for transportation market

Smart Fabrics for Transportation Industry Overview

The smart fabric for transportation market is competitive, owing to the presence of many vendors running their business, in domestic, as well as international boundaries. The market appears to be moderately concentrated, moving toward the fragmented stage. Key strategies adopted by the major players are product innovation and product design. Some of the major players in the market are AIQ Smart Clothing Inc., Kolon Glotech Inc., Interactive Wear AG, among others.

  • April 2019 - DuPont Transportation and Advanced Polymers opened its new aerospace technology center at the DuPont Vespel manufacturing site, in Valley View, Ohio. The new technology center showcased technology advancements that support current and future aerospace designs, with products for wear, friction, and sealing applications

 

 

Smart Fabrics for Transportation Market Leaders

  1. AIQ Smart Clothing Inc.

  2. Kolon Glotech Inc.

  3. Interactive Wear AG

  4. Schoeller Textil AG

  5. Ohmatex

*Disclaimer: Major Players sorted in no particular order

smart fabrics for transportation market
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Smart Fabrics for Transportation Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

      1. 4.3.1 Increasing Number of Connected Cars and Heavy Vehicles

      2. 4.3.2 Miniaturization of Electronic Components

      3. 4.3.3 Increasing Safety and Security Concerns in Transportation

    4. 4.4 Market Restraints

      1. 4.4.1 Slow Penetration Rate in Developing Countries

      2. 4.4.2 Lack of Funding and Capital Expenditure

    5. 4.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Component

      1. 5.1.1 Automobile Interior Carpets

      2. 5.1.2 Automotive Airbags

      3. 5.1.3 Seat Belt Webbings

      4. 5.1.4 Heated Seats

      5. 5.1.5 Nylon Tire Cord Fabrics

    2. 5.2 By Material

      1. 5.2.1 Color Changing Material (Photo Chromic Material and Thermo Chromic Material)

      2. 5.2.2 Light Emitting Materials (Electroluminescent Materials, Fluorescent Material, Phosphorescent Material, and Light Emitting Diodes (LED))

      3. 5.2.3 Moving Materials (Conducting Polymers, Piezoelectric Material, Polymer Gel, and Shape Memory Alloys (SMA))

      4. 5.2.4 Temperature Changing Material (Thermoelectric material)

    3. 5.3 By Application

      1. 5.3.1 Mobility Management

      2. 5.3.2 Vehicle Management

      3. 5.3.3 Safety and Security

      4. 5.3.4 Passenger Information System

    4. 5.4 By End-user Industry

      1. 5.4.1 Automobiles

      2. 5.4.2 Shipping

      3. 5.4.3 Railways

      4. 5.4.4 Aerospace

    5. 5.5 Geography

      1. 5.5.1 North America

      2. 5.5.2 Europe

      3. 5.5.3 Asia-Pacific

      4. 5.5.4 Latin America

      5. 5.5.5 Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 AIQ Smart Clothing Inc.

      2. 6.1.2 EI Du Pont De Nemours and Company

      3. 6.1.3 Texas Instruments

      4. 6.1.4 Kolon Glotech Inc.

      5. 6.1.5 Interactive Wear AG

      6. 6.1.6 Ohmatex

      7. 6.1.7 Schoeller Textil AG

      8. 6.1.8 Sensoria Inc.

      9. 6.1.9 Textronics Inc.

      10. 6.1.10 Infineon Technologies

    2. *List Not Exhaustive

  7. 7. INVESTMENT ANALYSIS

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Smart Fabrics for Transportation Industry Segmentation

Smart fabrics are defined as textiles that can sense and react to external environmental conditions or stimuli, from mechanical, thermal, magnetic, chemical, electrical, or other sources. They are able to sense and respond to external conditions (stimuli), in a predetermined way.

By Component
Automobile Interior Carpets
Automotive Airbags
Seat Belt Webbings
Heated Seats
Nylon Tire Cord Fabrics
By Material
Color Changing Material (Photo Chromic Material and Thermo Chromic Material)
Light Emitting Materials (Electroluminescent Materials, Fluorescent Material, Phosphorescent Material, and Light Emitting Diodes (LED))
Moving Materials (Conducting Polymers, Piezoelectric Material, Polymer Gel, and Shape Memory Alloys (SMA))
Temperature Changing Material (Thermoelectric material)
By Application
Mobility Management
Vehicle Management
Safety and Security
Passenger Information System
By End-user Industry
Automobiles
Shipping
Railways
Aerospace
Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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Smart Fabrics for Transportation Market Research FAQs

The Smart Fabrics for Transportation Market is projected to register a CAGR of 24.9% during the forecast period (2023-2028).

AIQ Smart Clothing Inc., Kolon Glotech Inc., Interactive Wear AG, Schoeller Textil AG and Ohmatex are the major companies operating in the Smart Fabrics for Transportation Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2023-2028).

In 2023, the North America accounts for the largest market share in the Smart Fabrics for Transportation Market.

Smart Fabrics for Transportation Industry Report

Statistics for the 2023 Smart Fabrics for Transportation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Smart Fabrics for Transportation analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Smart Fabrics for Transportation Report Snapshots

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