Global Smart Fabrics Market to Witness Astonishing Growth | BMRC

Global Smart Fabrics Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing usage of electronic devices, growing advent of wireless technologies, rapid technological advancements and incorporation of the same in manufacturing fabrics that could further be re-cycled, are the major factors for driving the growth of Global Smart Fabrics Market.

Global Smart Fabrics Market is valued at USD XXXX in 2019 and expected to reach XXXX by 2025 with the CAGR of X% over the forecast period.

Scope of Global Smart Fabrics Market Report-

Smart fabricsare fabrics in which digital and electronic components are integrated. These tissues can recognize sensory stimuli in the surrounding environment and adapt and respond to these stimuli in a predetermined manner. They have the ability to grow, propagate, transform and even conduct energy, which makes them different from ordinary textiles, thus adding value to the user. The smart fabrics market is an emerging market, formed due to the miniaturization of electronic equipment and the falling cost of electronic equipment and manufacturing costs of semiconductors and textiles. They are also referred as electronic textiles, E-Textiles or smart textiles.

Smart fabric is an innovation adopted by the fabric industry that can offer customers various conveniences in terms of aesthetics and performance factors. Since most consumers are adopting a busy lifestyle, which is caused by the growth of a large workforce, consumers today are keen to get everything they want in their daily lives. Smart fabric is a textile material that can meet consumer demand. Smart fabrics are completely different from traditional fabrics which offer various functions. In terms of aesthetics, the fabric can change color according to consumer preferences. In terms of performance, smart fabrics have been widely used in extreme sports, athletics and the military, including controlled muscle vibration, wind resistance and body temperature regulation. Smart fabrics also have important health and beauty applications.

Global Smart Fabrics Market is segmented on the basis of product, function and end-user. On the basis of product, the market is segmented into active, passive and smart. On the basis of function, market is segmented into sensing, luminescence, thermal electricity, energy harvesting and others. On the basis of end-user, the market is segmented into architecture, fashion, automotive, sports, entertainment, fitness, healthcare, security and others.

The regions covered in this Smart Fabrics market report are North America, Europe, Asia Pacific and rest of the World. On the basis of country level, market of smart Fabrics is subdivided into U.S., Mexico, Canada, U.K., Germany, France, Italy, China, Japan, South East Asia, Africa, etc.

Key Players Smart Fabrics Market Report-

Smart Fabrics Market report covers major key players in the market like Google Inc., Adidas, Bally Ribbon Mills, International Fashion Machines, Inc., Intelligent Clothing Ltd., Interactive Wear AG, Textronics, Inc., AiQ Smart Clothing, Vista Medical Ltd., Schoeller Textiles AG, Gentherm Incorporated,Sensoria Inc., OTEX Special Narrow Fabrics and others.

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News-

Google launches Smart Backpacks, leading Second Wave of Connected Clothing

September12^th, 2019; Google Inc., which has emerged as a prominent player in building smart fabrics, has added another revolutionary product to its series of Jacquard things. This time it comes up with a line of smart backpacks, which is a 995 USD luxury bag with the left strap being automated with the touch and tap functions. This 2.0 version of Jaquard things contain a more durable chip than all its earlier product launches. It further powers its initiative by adding a whole new interface to the Jaquard app platform, providing customization of Google Assistant for a better user interface.

North America is expected to remain a dominant region in the Global Smart Fabrics Market.

North America is expected to be a dominant region in the smart fabrics market. Owing to the propelling technological advancements, early smart adoptions, high disposable incomes of the people, huge demand in healthcare and sports industry, and a growing IT segment in the region, the smart fabrics market would probably grow and boost in the region. Americas accounted for the largest market share in smart fabrics, in 2014, which was nearly 45.2% of the total revenue.

Asia Pacific region is expected to exhibit a fastest growing rate in Smart Fabrics Market. The availability of raw materials and cheap labor in Asian countries (such as China, Japan and India) has made it a manufacturing center for these technologies. This has resulted in a decline in overall production of smart fabrics in Europe. However, there are more and more R&D activities for these smart fabrics sponsored in the European FP6 and FP7 programs, which revitalizes industries in European countries.

Key Benefits of Global Smart Fabrics Market Report-

· Global market report covers in depth historical and forecast analysis.

· Global market research report provides detailed information about Market Introduction, Market Summary, Global Market Revenue (USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country level.

· Global market report helps to identify opportunities in market place.

· Global market report covers extensive analysis of emerging trends and competitive landscape.

Global Smart Fabrics Market Segmentation: -

By Product:

· Active

· Passive

· Smart

By Function:

· Sensing

· Luminescence

· Thermal electricity

· Energy harvesting

By End-User:

· Architecture

· Fashion

· Automotive

· Sports

· Entertainment

· Fitness

· Healthcare

· Security

By Regional Analysis:

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East and Africa

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