The global smart textile market is estimated at USD 87.88 million in 2018 and is expected to grow at a CAGR of +30% from 2019 to 2025.
Smart Textile / Fabric is a high-quality material developed with new technology and provides added value to the wearer. Some of these fabrics respond to these inputs by extracting vibration, heat, or sound and accumulating energy from the surrounding environment. These fabrics are used in many applications to improve performance and add aesthetic value. For example, in the fashion industry they are used because of their ability to shine and change color.
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The Report includes Several Company Profiles of who are market key players
For competitor segment, the report includes global key players of Passive and Active Smart Fabrics and Textiles as well as some small players. At least 9 companies are included:
* Textronics (USA)
* Milliken (USA)
* Toray Industries (Japan)
* Peratech (UK)
* DuPont (USA)
* Clothing+ (Finland)
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Until now, most smart fabrics have been limited to niche use, including high-end fashion, military and defense, and medical. Now, however, the positive merging of technology and fabric has resulted in a conductive yarn that can be easily woven into a fabric and incorporate a comfortable fabric-based sensor. Smart fabrics are also expected to create a revolution in smart wearable markets.
Complete report is available at@ https://www.researchnreports.com/chemical-materials/Global-Passive-and-Active-Smart-Fabrics-and-Textiles-Market-Report-2019—Market-Size–Share–Price–Trend-and-Forecast-663731
The study objectives are:
To analyze and research the global Passive and Active Smart Fabrics and Textiles status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Passive and Active Smart Fabrics and Textiles manufacturers, capacity, production, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Passive and Active Smart Fabrics and Textiles are as follows:
History Year: 2014-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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