Press release
Growth statistics of Smart Textile market presents good news for investors & market players
Smart Textile
Based on type, the market is bifurcated into passive smart textile, active smart textile, and ultra-smart textile. The application segment is subsegmented in military, automotive, healthcare, and others. The smart textile market is analyzed based on geography, which includes North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
• Rise in demand of wearable electronics
• Increase in demand of size reduction in portable electronic devices
• Increase in popularity of smart gadgets and reducing cost of wireless sensors
Restraints:
• Extra cost occurred by accommodating electronics in fabrics
• Absence of standards and regulations
Market Players:
Top market players profiled in the report are Google Inc., AIQ Smart Clothing Inc., Interactive Wear AG, Clothing Plus Ltd., Schoeller Technologies AG, E. I. Du Pont De Nemours and Company, Gentherm Incorporated, Textronics, Inc., and Outlast Technologies LLC.
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MARKET LANDSCAPE
By Type
• Passive Smart Textile
• Active Smart Textile
• Ultra-Smart Textile
By Application
• Commercial
• Consumer
• Automotive
• Other
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o Australia
o China
o Japan
o India
o Singapore
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o Rest of LAMEA
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