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Smart Textiles Market by Top Key Players - AiQ Smart Clothing Ltd., Clothing+, EXO2 The Heat Inside, Gentherm, Mide Technology Corporation, Ohmatex ApS

01-25-2019 10:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Smart Textiles

Smart Textiles

In 2014, the global smart textiles market was evaluated around USD 0.72 billion and is expected to reach approximately USD 6.80 billion by 2023while registering itself at a compound annual growth rate (CAGR) of 28.41% over the forecast period. The growing popularity of advanced gadgets with diverse technologically advanced operations such as reacting and sensing to the surrounding is expected to boost the demand.

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Global Smart Textiles Market Professional Survey Report. The analysts have put forth a brilliant and an in-depth research about the current and future status of the global market. This Market research report highlights on the major players in this market all over the world. This segment of the report contains company synopsis, description and product representations, manufacturing capability, contact information, cost and revenue.

By Market Players: AiQ Smart Clothing Ltd., Clothing+, EXO2 The Heat Inside, Gentherm, Mide Technology Corporation, Ohmatex ApS, Peratech Ltd., Sensing Tex, Textronics, Inc., ThermoSoft International, VivoMetrics

The smart textiles are utilized by the military professional for safety and protection purpose and by the customer as a clothing entity. The expansion was primarily driven by fitness & sports application. These products have a massive growth potential due to their applicability over several sections like automotive, entertainment, and defense which consecutively expected to drive the industry growth over the forecast years.

The passive smart fabrics segment includes wearable clothes which can sense the user as well as surrounding atmosphere and account the same. This section ruled the global market during 2015 since it has less complicated functionalities and it has low cost than the other segments. The very smart textile section has the capability to adapt, react, and sense their performance to the specified conditions as well as follows the artificial intelligence principle.

During the forecast period, the sports & fitness application section is projected to experience a major growth with a compound annual growth rate of 35%. Smart fabrics acquire the capability to react to stimulations produced from magnetic, thermal, mechanical, chemical, and electrical sources.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

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Table of Content
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Penetration of Smartphones
3.2.1.2. Miniaturization of Electronics and Advancements in the Wireless Technology
3.2.2. Restraints
3.2.2.1. Garment Wash ability
3.2.2.2. Need for Efficient Battery
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Smart Textiles Market, By Product
4.1. Introduction
4.2. Global Smart Textiles Sales, Revenue and Market Share by Product (2014-2017)
4.2.1. Global Smart Textiles Sales and Sales Share by Product (2014-2017)
4.2.2. Global Smart Textiles Revenue and Revenue Share by Product (2014-2017)
4.3. Smart Textiles Market Assessment and Forecast, By Product, 2014-2023
4.4. Passive Smart Textile
4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5. Active Smart Textile
4.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.6. Very Smart Textile
4.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5. Smart Textiles Market, By Application
5.1. Introduction
5.2. Global Smart Textiles Sales, Revenue and Market Share by Application (2014-2017)
5.2.1. Global Smart Textiles Sales and Sales Share by Application (2014-2017)
5.2.2. Global Smart Textiles Revenue and Revenue Share by Application (2014-2017)
5.3. The Smart Textiles Market Assessment and Forecast, By Application, 2014-2023
5.4. Fashion and Entertainment
5.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.5. Sports & Fitness
5.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.6. Medical
5.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.7. Transportation
5.7.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.8. Defense and Military
5.8.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.9. Architecture

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