In the yesteryears, textile materials were primarily intended for apparels, home furnishing, and in few technical textile areas. But recently, the unique properties of a textile material owing to its material property, weave patterns, and different fabrication techniques have made it a promising candidate for smart applications. Therefore, smart textile materials can be used to power electronic items demanding energy on a miniscule scale, namely gadgets like electronic watches and smartphones. The drive for renewable and clean energy is the driving wheel behind exploration for areas that do not include energy sources from fossil fuels. Depletion of fossil fuels is an alarming concern, and hence, we should look for such energy sources that can be created from the surrounding environment. It cannot be much better than harvesting the immense potential out of the mechanical energy sources that are generally wasted. This chapter encompasses different concepts underlying the energy harvesting mechanisms of smart textiles. Piezoelectric, thermoelectric, photovoltaic, triboelectric, and piezoelectric nanogenerators are most promising in this segment. Lithium-ion batteries, polymer- based batteries, capacitors, and supercapacitors have catered to growing energy demands for a long time. But issues like portability, life cycle, and performance over a period of time were debatable for a while. Hence, different textile-based supercapacitors, batteries, and solar energy harvesting devices are researched nowadays and are a furore among the material scientists working in these areas. The efficiency and basic working of smart textiles are based on their unique structure and different production methods, which play an important role in upscaling their overall usability in their end use applications. Different potential applications will be one of the highlights of this chapter, along with different challenges and scopes of these segments of smart textiles