The
global Smart
Fabrics Market is anticipated to rise at a higher CAGR in the
forthcoming period owing to rise in the applications and expansion of scope
around the globe. Smart Fabric is a type of fabric that allows various digital
components including a battery, a light or various other electronic gear to be
inserted in them. It is also popularly known by other names such as Electronic
textiles, smart textiles, smart garments, as well as smart clothing. It has
been noticed that the smart fabric is being established with the help of modern
know-hows that has ultimately increased the value of the product for the users.
The most striking features associated with the usage of smart fabrics may
include robustness, lightweight, and adaptability.
The
factors that are influencing the Smart Fabrics market in an optimistic manner
may entail industrialization, rapid urbanization, widening applications, rise
in the demands among the masses, mounting prerequisites, and rise in the
investments by the leading manufacturers. Besides, the concerned manufacturers
are also taking up partnerships, joint ventures and acquisitions as their major
steps that is ultimately contributing in the organic growth of the market.
As
far as the military sector goes, smart fabrics are most extensively employed in
those applications where innovatory products are manufactured with the
assimilation of electronics. That is done to gratify the burgeoning demands for
enhanced and well-fortified materials. When it comes to healthcare domain,
smart fabrics are combined with medical devices so that the physicians with the
help of it can trace the physical state of the patients. With the advent of
smart garments, various actins including internal movement and respiration,
temperature, muscle activity, heart rate, as well as motion details can be
followed. The Smart Fabrics Industry is attaining a huge recognition across the
globe due to rising applications across various sectors.
Smart
Fabrics industry is segmented by product type as Active smart fabrics,
Ultra-smart fabrics, Passive smart fabrics, and others. The market is
segregated by application as Protection and Safety/Military, Sports and
Fitness, Automotive and Transportation, Fashion and Entertainment, Home and
Architecture, Medical and Healthcare, and others. Smart Fabrics market is
divided by function as Thermoelectricity, Energy Harvesting, Luminescent,
Sensing, and others. This market is categorized by geography as North America,
Europe, China, Japan, Southeast Asia, and India. Geographically, it has been
found that the North America is lately accounting for the largest share in the
Smart Fabrics market and it is likely that the region will go on growing with
the same pace owing to the factors such as rising research and development
activities, augmented demands, and heavy manufacturing base.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Smart Fabrics in these regions, from 2012 to
2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Smart Fabrics market competition
by top manufacturers, with production, price, revenue (value) and market share
for each manufacturer; the top players including
•
Adidas AG
•
Nike, Inc.
•
Outlast Technologies LLC
•
Milliken & Company
•
Oneill Wetsuits L.L.C.
•
Schoeller Textil AG
•
Toray Industries, Inc.
•
Infineon Technologies AG
•
Clothing Plus Oy
•
Ohmatex Aps
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