Smart Textiles Market in Military Industry 2019: BAE, Directa Plus, Koninklijke Ten Cate, Ohmatex, WL Gore, Advanced Fabric Technology , DuPont, Outlast Technologies, BeBop Sensors and Mide Technology

Smart Textiles for the Military Market: By Type (Passive Smart Textiles, Active Smart Textiles and Ultra-Smart Textiles), By Application (Health Monitoring, Energy Harvest and Protection and Mobility) and Region - Global Forecast Till 2023

Smart textiles find widespread military applications. They are durable, comfortable and safe to use. The global smart textile for the military market is expected to witness a CAGR of 17.56% during the review period (2018-2023). The popularity of the smart textiles continues to grow in the military. Such textiles substantially improve the functionality and performance of the military uniforms.

Get Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/1656

There is a significant influence of science (physics, chemistry and biology) in modern military equipment and supplies. Smart textile serves as a classic example of the phenomena. Textile has always been an area of focus in the military. Military clothing not only requires toughness but also must be comfortable and meet all the relevant specification. Smart textiles cover a broad parameter of military clothing, support camouflage need, light weight and dexterity. Rising demand for high-performance military products and integration of miniaturized electronic devices in military clothing are some of the key factors supporting the growth of the market.

Catering to military applications is a tough ask, and hence only the best products and technologies find their way in. Military clothing has continued to evolve, and the R&D pipeline remains strong. Developers are striving for ways to further modify and improve functionality.

Segmental Analysis

The report also includes a thorough segmental analysis of the global smart textiles for the military market based on type, application, and region.

By type, the market has been segmented into passive smart textiles, active smart textiles, and ultra-smart textiles. In terms of value, the passive smart textiles segment accounted for 43.30% market share in 2017. In addition, the segment is expected to exhibit a double-digit CAGR of 17.47% between 2018 and 2023. Passive smart textiles are the first generation of smart textiles that have various properties and engineered to maintain a normal body temperature irrespective of the outside condition. Passive smart textiles provide a wide range of capabilities including anti-odor, anti-microbial, anti-static, and bulletproof.

By application, the market has been segmented into health monitoring, energy harvest and protection and mobility. The energy harvest segment currently accounts for 54% share of the global market. By the year 2023, the segment is likely to surpass a valuation USD 965.1 Mn, reflecting a CAGR of 17.77%. Energy harvesting also known as power harvesting or energy scavenging is a process of deriving energy from external sources such as thermal energy, solar power, kinetic energy and wind energy. Energy harvesting is a revolutionary smart textile technology, which allows power generation and storage in small quantities but sufficiently enough to support small autonomous devices such as wearables.

Regional Outlook

Key regions covered in the report include Europe, Asia Pacific, Americas and the Middle East & Africa (MEA). The Americas region accounts for the largest market share in terms of revenue. In 2017, the smart textiles for the military market in Americas was valued at USD 239.0 million and is projected to expand at a CAGR of 17.55% during the assessment period. The U.S. is one of largest market for military products. With a mega defense budget, the U.S. leads the smart textiles for the military market in the Americas. The U.S.’s contribution to the growth of the market in the region is by far the largest. Moreover, a number of market participants are headquartered in the countries, which give it an edge in terms of adoption of advanced textile technology. Increasing military expenses by the US Department of Defense (DOD) on modern equipment in paving the way for such products. Meanwhile, Asia Pacific is has emerged as the second largest market for smart textile for the military. The market in APAC is expected to witness a relatively higher CAGR during the assessment period.

Competition Tracking

Advanced Fabric Technology LLC, BAE Systems, BeBop Sensors, Directa Plus SpA, DuPont, Koninklijke Ten Cate BV, Mide Technology Corporation, Ohmatex, Outlast Technologies LLC and WL Gore & Associated Inc. are some of the leading companies operating in the global smart textiles for the military market.

Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/1656

Table of Contents

1 Executive Summary

2 Market Introductio
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increased Need for Improved Military Performance
4.2.2 Integration of High-performance Miniaturized Electronic Systems
4.2.3 Rising Demand for Lightweight Textiles
4.2.4 Drivers Impact Analysis
4.3 Restraints
4.3.1 Stringent Government Regulations
4.3.2 High Costs of Smart Textiles
4.3.3 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Added Functionalities of Smart Textiles
4.4.2 Development of Key Enabling Technologies
4.5 Trend
4.5.1 Increasing Use of Nanotechnology

5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Supply Chain Analysis
5.2.1 Raw Material
5.2.2 Product Development
5.2.3 Smart Textiles Manufacturing
5.2.4 End Use
5.3 Patent Analysis

Continued.......

List of Tables

Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Major Granted Patents on Smart Textiles (1st December 2014 – 14th December 2018)
Table 4 Global Smart Textiles for the Military Market, by Type, 2017–2023 (Usd Million)
Table 5 Global Smart Textiles for the Military Market, by Application, 2016–2023 (Usd Million)
Table 6 Global Smart Textiles for the Military Market, by Region, 2017–2023 (Usd Million)
Table 7 Americas: Smart Textiles for the Military Market, by Country, 2017–2023 (Usd Million)
Table 8 Americas: Smart Textiles for the Military Market, by Type, 2017–2023 (Usd Million)
Table 9 Americas: Smart Textiles for the Military Market, by Application, 2017–2023 (Usd Million)
Table 10 Us: Smart Textiles for the Military Market, by Type, 2017–2023 (Usd Million)

Continued......

Ask for your specific company profile and country level customization on reports.

Get More Information on Smart Textiles for Military Market Report Information - Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/smart-textiles-for-military-market-1656

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 524/528
Amanora Chambers
Magarpatta Road
Hadapsar
Pune -411028
Maharashtra, India

This release was published on openPR.