Press release
Smart Fabrics Market Competitive Insights, Production and Demand 2021-2027 : AIQ Smart Clothing Inc., Adidas AG, NIKE Inc., ThermoSoft International Corporation
Smart Fabrics
The Smart Fabrics Market is expected to grow at a CAGR of 19.89% over the forecast period 2020 to 2025.
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Top Companies operating in the Global Smart Fabrics market profiled in the report: AIQ Smart Clothing Inc., Adidas AG, NIKE Inc., ThermoSoft International Corporation, Kolon Industries Inc., Interactive Wear AG, Ohmatex, Schoeller Textil AG, Sensoria Inc., OTEX Specialty Narrow Fabrics Inc.
Global Smart Fabrics Market Split by Product Type and Applications:
Market Segment by Type, covers:
Passive Smart Fabrics
Active Fabrics
Ultra-smart Fabrics
Market Segment by Applications, covers:
Fashion and Entertainment
Sports and Fitness
Medical
Transportation
Protection and Military
Architecture
Regional Analysis For Smart Fabrics Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Market Trends
Fashion and Entertainment Industry to Have Significant Market Share
- The fashion and entertainment industry is using smart fabrics to incorporate unique aesthetics into clothing. Appearance features, such as color, size, or shape of garments, can be altered using technology woven into fabrics.
- In fashion industry, the market studied is driven by innovations of the designers coming up with new and aesthetically pleasing outfits, integrated with a useful technical architecture capable of relaying information. Many brands, ranging from Uniqlo to Lululemon, are using smart fabrics to set their collections ahead of the pack.
- The French startup Spinali Design makes high-end beachwear with integrated ultraviolet light sensors that tells the wearer when its time to apply sunscreen, and distance trackers that tells the parents when the kids have wandered too close to the surf.
- Since the past few years, Google was working with Levi Straus on a future smart jean jacket under Project Jacquard, that would eventually lead to a jean jacket with smart fabric sleeves with built in touch controls. In November 2019, the project was commercialized on new Jean jackets from Levis. The jacket costs USD 198 USD 248.
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https://www.marketintelligencedata.com/reports/80628/smart-fabrics-market-growth-trends-forecasts-2020-2025?Mode=88
Influence of the Smart Fabrics Market Report:
-Comprehensive assessment of all opportunities and risk in the Smart Fabrics market.
-Smart Fabrics market recent innovations and major events.
-Detailed study of business strategies for growth of the Smart Fabrics market-leading players.
-Conclusive study about the growth plot of Smart Fabrics market for forthcoming years.
-In-depth understanding of Smart Fabrics market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Smart Fabrics market.
Research Methodology:
Smart Fabrics Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Fabrics Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Intelligence Data
Phone: + 1704 266 3234 | +91-20-412 512 12
sales@marketintelligencedata.com
ABOUT US:
MarketIntelligenceData provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketIntelligenceData provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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