The global market for smart textiles and fabrics is expected to grow at a compound annual growth rate of 24.1 per cent from 2013 to 2020. The market is expected to be fuelled by the growing penetration of smart phones and other smart or high-tech devices including iPods. Most new laptops and smart phones are equipped with Bluetooth Low Energy technology, which enables the connection of sensor-based devices to the internet through mobile phones.

Growth in end-use industries for smart textiles is expected to favorably impact this market in coming years. Protection and military applications are expected to be prominent and register high growth. Sports and fitness applications and the medical field are also expected to emerge as fast-growing sectors.

Growth in the fashion and entertainment industry is expected to propel the smart fabric market. While, demand from the sports and fitness sector has been increasing with a growing awareness of the benefits of a healthy lifestyle. Miniaturisation of electronics is expected to significantly fuel industry growth over the forecast period. To make sensors compatible with fabric and ensure optimum comfort and wearability, product developers have focused facilitating efficient integration of components into the fabric.