CAMBRIDGE – Market research firm IDTechEx has released a new report in which it provides a comprehensive overview of the e-textiles market to date, before predicting the market segment will top US$2 billion by 2029. E-textiles 2019-2029: Technologies, Markets and Players, comparative to previous literature, hones in on all revenue streams of this thriving sector not just R&D projects from which the largest sums of funding are secured.
IDTechEx focuses on specific sectors under the bracket of e-textiles to forecast the fortunes of market segments including: biometric monitoring, heating and lighting, each of which appeals to different industries. The report is the culmination of six years’ work, a period in which there’s been tectonic shifts in the global smart textiles landscape.