Smart Fabrics and Textiles Market 2020

Smart Fabrics and Textiles Market 2020: Industry Size, Share, New Project SWOT Analysis and Global Forecast Report 2024

The “Smart Fabrics and Textiles Market” report is analysed both at panoramic level and in-detail with analysis being supported with strong data in every instance to ensure both market companies and investors to identify market demand, competition conditions and formulate right market growth strategy.

Smart Fabrics and Textiles are fabrics that have been designed and manufactured to include technologies that provide the wearer with increased functionality.Smart Fabrics and Textiles are defined as textiles that can sense and react via an active control mechanism to environmental conditions or stimuli from mechanical, thermal, chemical, electrical or magnetic sources.

Scope of Smart Fabrics and Textiles Report:

  • North America is the largest supplier of Smart Textile, with a production market share nearly 53% and sales market share nearly 43% in 2016. That is to say, there will be imports in North America, while North America also is the largest consumption region.
  • The second place is Europe; following North America with the production market share of 31% and the sales market share over 30%. Asia (Ex. China) is another important market of Smart Textile, enjoying 5% production market share and 14% sales market share.
  • Smart Textile is used in Military Uses, Civil Uses, and Healthcare Uses areas. Report data showed that 31% of the Smart Textile market demand in military areas, 34% in civil areas, and 18% in healthcare areas in 2016.
  • Briefly speaking, in the next few years, Smart Textile industry will still be a highly energetic industry. Sales of Smart Textile have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries. A key market and growth area for smart textiles has been designs for personal protective and military clothing.
  • The worldwide market for Smart Fabrics and Textiles is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new research study.

Smart Fabrics and Textiles Market report includes detailed profiles of key players with regional analysis and focus on opportunities and challenges faced by Smart Fabrics and Textiles industry. Smart Fabrics and Textiles Market Segment by Manufacturers, this report covers:

  • Textronics
  • Milliken
  • Toray Industries
  • Peratech
  • DuPont… and many more

Report Price: 3480 USD for a Single-User License