Smart Fabrics in Fashion and Entertainment Market is estimated register a CAGR of 31.25% over the forecast period of 2018-2023| Dominant Vendors - AIQ Smart Clothing Inc., E L Du Pont De Nemours and Company, Clothing Plus Ltd, Gentherm Incorporated, among

Market Analysis:

North America Dominated the Market
North America leads the smart fabrics market, exhibiting responsiveness in a controlled manner, amid changing environments. Rising preference for automated and high-end machines and gadgets by the modern customers have driven the demand for piezoelectric devices.

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The ever-increasing use of electronic devices in day-to-day life is driving the smart fabrics market. The ease of use of smart fabrics and the integration of electronic devices within the textile, make it an integrated device for use as a simple fabric, which further contributes to the flourishing global smart fabrics market. However, immense developments in fields, such as nanotechnology, polymer development, and low power sensors have transformed the landscape of the market. The convergence of the internet of things, 3D printing, and nanotechnologies is creating enormous opportunities for fashion and apparel, with an increasing number of products integrating sensors, to generate and respond to data and perform a range of various functions. Connected wearable devices are evolving, as a part of a growing trend to move data analysis and communication from the smartphone, directly to the body.

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Market Segments:
Smart Fabrics in Fashion and Entertainment Market is segmented by:
1. Type of Product: Passive Smart Textiles, Active Smart Textiles, Ultra Smart Textiles
2. Material: Color Changing, Light Emitting, Temperature Changing, Other Materials
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• Jan 2018 - Twinery MAS launched Nova, the high visibility jacket with on-demand illumination.
• Dec 2017 - Stoll and Myant Inc. allied to revolutionize the smart textiles industry.
• Oct 2017 - The Levi’s Commuter Trucker Jacket with Jacquard by Google was launched and is now available online, as well as in select Levi’s stores in Santa Monica, Chicago, New York, and San Francisco.

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