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Smart Textiles for Military Market 2021 Business Scenario – TenCate Fabrics, W.L. Gore & Associates, Inc, Milliken & Company

12-30-2021 07:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Insights Reports

The Global Smart Textiles for Military Market Report provides a study with an in-depth overview, describing the product/industry scope and elaborating market outlook and status (2021-2025). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Smart Textiles for Military market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.

The Smart Textiles for the Military Market is anticipated to register a CAGR of over 10% during the forecast period.

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Top Companies in the Global Smart Textiles for Military Market: TenCate Fabrics, W.L. Gore & Associates, Inc, Milliken & Company, Schoeller Textile AG, DuPont de Nemours, Inc., amongst others.

Key Market Trends

Techonological Advancement in Wearable Textiles are Driving the Market Growth

The amalgamation of electronics with clothing has revolutionized the textile industry and became a precursor to the evolution of smart textiles. Traditional smart fabrics, such as metallic silk, organza, stainless steel filament, meta- clad aramid fiber, conductive polymer fiber, conductive polymer coating, and special carbon fibers are used for manufacturing the fabric sensors, while conductive yarn, conductive rubber, and conductive ink have been developed into sensors or used as an interconnection substrate. Researchers have already integrated materials such as metallic, optical fibers, and conductive polymers into the textile structure, thus supplying electrical conductivity, sensing, and data transmission capabilities to smart textiles. Organic polymers may provide a solution to overcome the stiffness of inorganic crystals such as silicon. Researchers are focusing on dual-channel data transfer capable fibers, color-changing fibers, and fibers that can store electricity and are developing the ability to create wearable power sources for military applications. The development of power source textiles and connectors in body armor and similar fabrics are crucial to creating a system with extreme reliability and user-friendliness. Such developments are expected to propel the market growth during the forecast period.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

North America to Dominate the Market During the Forecast Period

North America held the largest share in the market in 2019 and is also expected to register the highest CAGR during the forecast period. The US defense forces are deployed in several missions to perform effectively in a diverse geographical environment that exposes them to severe climate changes, such as extreme heat and cold. The US Army Natick Soldier Research, Development, and Engineering Centre (NSRDEC) introduced a revolutionary smart textile that uses nanotechnology for body heat retention and moderation of soldiers. The smart fabric uses a coating of silver nanowires to reflect heat back to the wearer and the embedded nanowires can generate temperatures up to 230 degrees Fahrenheit when an electric current is induced through them. The US Army has been exploring commercial exoskeleton technologies for potential military applications, which can be used to support, strengthen, provide endurance, and protect the soldier from strain injury. To this end, the NSRDEC has initiated a 48-month long Other Transaction Agreement (OTA) worth USD 6.9 million in total, in order to develop enough exoskeleton systems to conduct a comprehensive operational evaluation.

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Key Reasons to Purchase:
 
- To gain insightful analyses of the market and have comprehensive understanding of the global Smart Textiles for Military market and its commercial landscape.
 
- Assess the production processes, major issues, and solutions to mitigate the development risk.
 
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
 
- Learn about the market strategies that are being adopted by leading respective organizations.
 
- To understand the future outlook and prospects for the Smart Textiles for Military market.

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About Us

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports 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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