COVID-19 Impact and Recovery Analysis | E-textile Market 2020-2024 | High Demand for Health-Monitoring Wearables to Boost Growth | Technavio
Technavio has been monitoring the e-textile market and it is poised to grow by USD 1859.27 million during 2020-2024, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global E-textile Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is concentrated, and the degree of concentration will accelerate during the forecast period. AiQ Smart Clothing Inc., BAE Systems (News - Alert) Plc, Carré Technologies Inc., DuPont de Nemours Inc., Jabil Inc., Ohmatex AS, Schoeller Textil AG, Sensoria Inc., Vista Medical Ltd., and Xenoma Inc. are some of the major market participants. The high demand for health-monitoring wearables will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
High demand for health-monitoring wearables has been instrumental in driving the growth of the market.
E-textile Market 2020-2024: Segmentation
E-textile Market is segmented as below:
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E-textile Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our e-textile market report covers the following areas:
This study identifies rising number of lifestyle diseases as one of the prime reasons driving the e-textile market growth during the next few years.
E-textile Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the E-textile market, including some of the vendors such as AiQ Smart Clothing Inc., BAE Systems Plc, Carré Technologies Inc., DuPont de Nemours Inc., Jabil Inc., Ohmatex AS, Schoeller Textil AG, Sensoria (News - Alert) Inc., Vista Medical Ltd., and Xenoma Inc. Backed with competitive intelligence and benchmarking, our research reports on the E-textile market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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E-textile Market 2020-2024: Key Highlights
Table Of Contents:
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
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