Global Smart Fabrics Market was valued US$ 1.70 Bn in 2019 and is anticipated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global smart fabrics market is segmented by type, application and region. Market by type is further segmented by Passive Smart Fabrics, Active Smart Fabrics and Ultra-Smart Fabrics. Applications covered in the report are military, transportation, medical and others
The report also has studied and analyzed the market by geography by North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Regional analysis will help readers to understand the market trends by geography, key and dominant players in specific regions with opportunity analysis.
Smart fabrics, also known as smart textiles, E-textiles or electronic textiles, are the fabrics that has electronics and digital components embedded in them. Their ability to transform, grow, communicate, and even conduct energy differentiates them from the normal textiles, hence adding value to the wearer. Smart fabric is a new market, formed due to the miniaturization of electronics and decline in the prices of electronics and manufacturing costs textiles and semiconductors.
The passive smart fabrics are envisioned to seize topmost earnings in terms of demand and usage. Smart Fabrics that have been designed and manufactured to include technologies that provide the wearer with increased functionality.
Military was observed to be the largest application, where it is used to protect the users from environmental changes and exposure to enemy weapons. The decreasing prices of electronic components are anticipated to make production cost-effective, further contributing to the overall industry demand.
North America held the major share in the smart fabrics market with 50% market share in 2017. Asia Pacific is anticipated to grow in the smart fabrics market on account of the booming construction industry and Ultra-Smart Fabrics industry in this region.
Nike Inc., Oneill Wetsuits L.L.C., Adidas AG, Outlast Technologies LLC, Milliken & Company,Toray Industries Inc., Schoeller Textil AG, Clothing Plus Oy, Infineon Technologies AG, Ohmatex Aps, Sensoria Inc., Textronics Inc., Texas Instruments, Kolon Glotech, KCWW, International Fashion Machines, Interactivewear, Eleksen Group Plc, Ohmatex ApS, Weartech, Peratech Ltd are key players included in the Smart Fabrics market.
The objective of the report is to present comprehensive analysis of Global Smart Fabrics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted Market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes Market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Smart Fabrics Market dynamics, structure by analyzing the Market segments, and project the Global Smart Fabrics Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Smart Fabrics Market the report investor’s guide.
The Scope of Global Smart Fabrics Market:
Global Smart Fabrics Market, by Type
• Active fabrics
• Passive smart fabrics
• Ultra-smart fabrics
Global Smart Fabrics Market, by Application
Global Smart Fabrics Market, by Function
• Energy Harvesting
Global Smart Fabrics Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Player Analyzed in the Smart Fabrics Market Report
• Nike Inc.
• Oneill Wetsuits L.L.C.
• Adidas AG
• Outlast Technologies LLC
• Milliken & Company
• Toray Industries Inc.
• Schoeller Textil AG
• Clothing Plus Oy
• Infineon Technologies AG
• Ohmatex Aps
• Sensoria Inc.
• Textronics Inc.
• Texas Instruments
• Kolon Glotech
• International Fashion Machines
• Eleksen Group Plc
• Ohmatex ApS
• Peratech Ltd
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