Skip to main content

Smart Fabrics Market CAGR Projected to Grow Through 2018-2026

Smart fabrics, also known as smart garments, smart textiles, electronic textiles, or smart clothing are a type of fabric in which digital components and electronic devices such as LEDs, batteries, integrated circuits, conductors, and others are embedded to offer an added value to the wearer. Smart fabrics can be categorized as aesthetic and performance enhancing. Such fabrics can be made from various types of materials including cotton, polyester, nylon, and Kevlar, among others. Moreover, manufacturers are focusing on developing fabrics with electrical conductivity such as diodes, solar cells, transistors, conductors, and resistors. Smart textiles also incorporate smart materials, encapsulated phase change materials, electronic sensors, shape memory polymers, and communication equipment as well.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/2127
Market Dynamics for Smart Fabrics Market
Reducing size of smart electronic devices which can easily be embedded in smart fabrics is the major factor driving the market growth. Smaller size of electronic components not only reduces the weight of the fabric but also gives comfort to the wearer. Increasing sale of sport equipment is expected drive growth of the market of smart fabrics as smart fabrics are widely used in sport industry to reduce potential injuries to professional athlete. As per Coherent Market Insights, in 2014, around 12 million sports-related injuries were observed, which led to economic burden of around US$ 33 billion, of which 50% of the injuries were estimated to be preventable by the use of smart fabrics. These performance enhancing smart fabrics are being used in extreme sports and athletic activities to regulate body temperature, control muscle vibration, and reduce wind resistance which may improve the work efficiency of athletics.

Growing applications of smart fabrics across various industries including health, beauty, entertainment, defense, healthcare, transportation, and food & beverages, among others is expected to offer lucrative growth opportunities for the electronic fabrics makers in the near future. Smart fabrics have considerable adoption in defense & military applications where it is used to protect the users from environmental changes. For instance, a bulletproof vest senses the bullets impact and stops penetration in the body.

Browse More About the Market Study @ http://bit.ly/2wXatTC
Regional Analysis for Smart Fabrics Market
North America and Europe are dominant regions in the smart fabrics market, owing to presence of large number of manufacturers of smart fabrics in these regions such as Bebop Sensors, Triton Systems, Vista Medical, Advanced Fabric Technologies (AFT), Loomia, Siren, and Grabit. Furthermore, increasing sales of the sports products and equipment is also, expected to aid in growth of these markets. For instance, according to report by Sport and Fitness Industry Association (SFIA), sports equipment sales in the U.S. increased by 3.1% in 2018 as compared to the previous year. Asia Pacific is expected to show high growth in smart fabrics market, owing to significant rise in the standard of living in some of the emerging economies such as India, China, and Indonesia. Moreover, rising textile industry in this region is expected to aid in growth of the market. For instance, China was the third largest textile industry in the world in 2016-2017 by the records published by International Trade Organization (ITA) and is expected to be the dominant in the region throughout the analysis period (2017-2025).

Key players in the Smart Fabrics Market
Key players operating in the smart fabrics market includes AIQ Smart Clothing Inc., E. I. Du Pont De Nemours and Company, Google, Texas Instruments, Kolon Glotech, Interactive Wear AG, Ohmatex, Schoeller Textil AG, Sensoria, Textronics, Inc. Adidas Group, Outlast Technologies LLC, Milliken & Company, KCWW, and International Fashion Machines
Labels:

Comments

Post a Comment

Popular posts from this blog

Top Technologies Shaping Future of Cybersecurity!!

The threat of Cyber attacks are growing day by day across the world hence led big concern on  Cybersecurity. Cyber security includes- Application security, Information security, Network security, Disaster recovery/business continuity planning, Operational security and End-user education Types of cybersecurity threats: Ransomware  Malware  Social engineering Phishing  Artificial Intilligence and Blockchain are the Technologies that will help the cybersecurity to boost. AI-based attacks that will operate completely independently, adapt, make decisions on their own and more.  Blockchains are moving from the realm of just fueling cryptocurrencies like Bitcoin to providing smart contracts, identity management, and multiple ways of proving integrity of data. They may also hold the key to defending against IoT attacks.
Post a Comment
Read more

Nanotech Sensor! Latest Update You Need To Know

Nanotech Sensor Scientists have developed a nanotech sensor that can turns molecular fingerprints into bar codes, according to a study published on June 7, 2018.  This study was conducted by the scientists at the EPFL’s School of Engineering and at Australian National University (ANU). Until now, infrared spectroscopy was the commonly used method to detect and analyze organic compounds. However, it required complicated procedures and large, expensive instruments, which made device miniaturization challenging. This led to the discovery of a compact and sensitive nanophotonic system that can identify a molecule’s absorption characteristics without using conventional spectrometry. Source :  https://www.coherentnews.com/scientists-develop-nanotech-sensor-that-turns-molecular-fingerprints-into-bar-codes/
Post a Comment
Read more

Data Center Virtualization Market by 2026 Capacity, Production, Revenue & Regional Analysis

Data center virtualization is a process of designing, developing or deploying a data center on cloud computing or virtualization technology. Cost saving is one of the major factors for growth of the data center virtualization market. This is owing to the fact that data center virtualization helps to reduce hardware installation, and reduces electricity cost by providing hosted platform. Therefore, it aids small and medium sizes companies to reduce their expenses on IT department. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1245 Advantages of disaster recovery provided by data center virtualization plays a key role for growth of market in various vertical such as banking, healthcare, education, and retail. Disaster recovery-as-a-service protects company information and data from disasters by generating multiple backups. Increasing demand for data either structured or unstructured, for analyses of the market trend, customer de...
Post a Comment
Read more