Rising Demand for Wearable Technology, Research Initiatives to Boost Demand for Smart Textiles

"The Report Global Smart Textiles Market Research Report 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

MarketResearchReports.biz has announced the addition of a report titled, “Global Smart Textiles Market Research Report 2017” to its offering. The report provides detailed and relevant information about the numerous factors restricting and promoting the growth of the market. The recent developments and trends in the global market for smart textiles have been assessed in depth, apart from an analysis of the value chain.

Known as smart garments, smart fabrics, e-textiles, or intellectual textiles, smart textiles are fabrics which enable the embedding of digital components. With the emergence of wearable technology, the global market smart textiles is bound to expand at a substantial pace over the next few years. These materials claim to be able to “think” by themselves, integrating a number of disciplines such as electronics and instrumentation, material science, biotechnology, artificial intelligence, fiber technology, organic chemistry, molecular engineering, and information technology.

Several new projects are being undertaken for the development of cutting-edge smart textile technologies. For instance, researchers at the University of Rhode Island revealed that they are developing high-tech gloves for Parkinson’s disease patients at their Wearable Biosensing Lab in April 2017. The gloves will allow healthcare providers to monitor the progress of patients wearing them, helping to determine if the medications are working.

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Similarly, in September 2016, scientists from the U.S. and China demonstrated how a glove sized piece of smart textile can consistently power a smartphone or an electronic watch by harnessing the energy produced by gentle body movements and ambient sunlight. The fabric has been designed from lightweight, low-cost polymer fibers that are coated with semiconductors and metals.

The global market for smart textiles has been segmented on the basis of region, product type, and application. By application, automotive, architecture, healthcare, and military and protection are some of the key segments of the global smart textiles market. By product type, the global market for smart textiles has been segmented into ultra-smart textiles, passive smart textiles, and active smart textiles.

By geography, the global market for smart textiles has been segmented into Southeast Asia, North America, Japan, China, India, and Europe. Europe and North America are likely to emerge as leaders of the global smart textiles market. Italy, France, the U.K., Germany, the U.S., Switzerland, and Canada are expected to be the major contributors of the markets in these regions.

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Whereas, in the developing countries, China, Japan, Brazil, and India are likely to represent a major share of the global smart textiles market. Growing adoption of technology, increasing demand for smart devices and wearables, expanding healthcare expenditures, and favorable government initiatives have been propelling the global smart textiles market.

Infineon Technologies, AIQ Smart Clothing, Sensoria, Textronics, DuPont, Fibretronic, Gentherm Incorporated, ThermoSoft International, Weartech, Clothing Plus, Texas Instruments, Schoeller Technologies, Milliken & Company, Noble Biomaterials, and Koninklijke Ten Cate are some leading companies operating in the global market for smart textiles.

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