Market Size : Global Smart Textiles Market for Military Grow at a CAGR of 9.6% by 2020

Albany, NY, 26th February : Recent research and the current scenario as well as future market potential of "Global Smart Textiles Market for Military 2016-2020" globally.

Smart textiles or smart fabrics are created by integrating electronic components into them to increase the functionality of the product. Some of the integral parts of smart textiles are sensors, actuators, and control units.

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These fabrics are capable of interacting with the environment and have the ability to react to physical stimuli from thermal, mechanical, electrical, and chemical sources. Smart textiles are capable of health monitoring, ballistic protection, and inducing technological applications like global positioning system (GPS) system and sensors. Many countries are increasingly emphasizing on providing smart textile-based clothing to soldiers, primarily for protection, safety, and better connectivity and coordination.

Technavios analysts forecast the global smart textiles market for the military to grow at a CAGR of 9.6% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart textiles market for the military for 2016-2020. To calculate the market size, the report considers the expenditure of each region (Americas; Europe, the Middle East, and Africa [EMEA]; and Asia-
Pacific [APAC]) on acquiring these smart textiles/fabrics for enhanced performance of soldiers on battlefields..

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Smart Textiles Market for the Military 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
BAE Systems
Mid Technology
Ohmatext
TenCate
W.L Gore & Associates

Other prominent vendors
Advanced Fabric Technologies
BeBop Sensors
Directa Plus
DuPont
Intelligent Textiles
Outlast Technologies

Market driver
Improved military and homeland security performance
For a full, detailed list, view our report

Market challenge
Designing complications
For a full, detailed list, view our report

Market trend
Growing use of nanotechnology
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.