Smart Textile Market 2018 Size, fashion Industry and Top key players | Resil Chemicals, Pluss, Mahle, SRF, Reliance Industries, Sterilite Optical Technologies

Global demand for smart textile market is mainly driven by increasing penetration of smartphones and other high-tech or smart devices, such as iPods. Majority of new smartphones and laptops are equipped with Bluetooth Low Energy (BLE) technology. This enables the connection of sensor-based devices to the internet through mobile phones. Smart textiles can be used to communicate information of the wearer, such as physiological paramters including location, heart rate, blood pressure, and temperature.

In this study, the years considered to estimate Smart Textiles Market size to grow from XX Million in 2018 to XX Million by 2026, at an estimated CAGR of XX%:

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Smart Textile Market Overview:
Smart textiles are fabrics that are manufactured to include technologies that provide the wearer with increased functionality. It senses and reacts to stimuli or environmental conditions, such as those from thermal, mechanical, chemical, magnetic, and other sources. The global demand for various smart textile products has increased continuously due to their expanding base of applications in end user industries. Most of the demand for smart textile comes from end use industries such as military and defense and healthcare. Both developed and developing countries, will witness the increase in demand with innovative trends. This can be attributed to the factors such as increase in standard of living, rising incomes, awareness of safety and environmentalism, advances in medical technology, expanding automotive sectors, and increased spending on healthcare.

Top Investment Pockets:
At present, military & defense, healthcare, and entertainment segments have witnessed large-scale adoption of smart textiles due to increasing demand for functional and superior properties products. Automotive and sports & fitness are other popular segments in the global smart textile market. The rapid growth of smart textiles in the end user application is expected in subsequent years due to rise in demand for higher quality fabrics. These segments have a potential to generate high returns due to expected rise in the adoption of high-end fabrics.

Major Players operating in market includes:
Resil Chemicals, Pluss, Mahle, SRF, Reliance Industries, Sterilite Optical Technologies, Aditya Birla, Century Enka among others

Smart textile Market By Function :
Energy harvesting
Sensing
Thermoelectricity
Luminescent
Others

Smart textiles market By End User :
Healthcare
Military and defense
Entertainment
Automotive
Sport and fitness
Others

Smart Textiles Functionality Outlook :
Sensing
Energy Harvesting
Luminescence & Aesthetics
Thermoelectricity
Others

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