Global Smart Fabric Market to Grow at a CAGR of 18.88% till year 2021, Finds New Research Report

LEWES, Del. - Feb. 27, 2018 - PRLog -- Growth of worldwide population puts tremendous opportunities for the textile industry. This increase in population would in turn also significantly increase the use of technology and technological products and hence the demand for them is expected to increase exponentially.

In the recent years, due to the increase in disposable income among the people of the developing countries, where the population growth rate is maximum, there is a trend of increasing demand for more advanced and interactive technologically advanced products. With the increase in affinity between technology and humans, a new segment which merges the age-old textiles and the relatively new information technology sector has emerged which is being termed as smart fabrics.

Smart Fabrics are a very new technology which has integrated both technology and textiles, which is currently being used in varied segments of the existing industry like Military & Protection, Construction & Architecture, Healthcare, Sports & Fitness, Fashion & Entertainment and Automotive & Transportation. Smart Fabrics also the potential to be integrated in other segments as well and is expected to attain the same soon with the development of technology.

There are numerous small and big players in the market with the big players entering as well. These companies invest in continuous research and development expenditure to meet the growing expectation of the people. These players operate across the globe and have their unique USP's to provide value to the end users.

The major categories of smart fabrics are generally divided into three segments namely, Passive Smart, Active Smart and Ultra Smart textiles. Major research and development is underway to develop an Intelligent Smart Fabric. This report considers all the major geographies which includes North America, South & Latin America, Europe, Middle East & Africa and Asia Pacific.

Smart Fabrics are the next big thing which is going to change the dynamics of how people use technology. With giants like Google, Levi's, & Adidas entering this segment, major changes are expected to be seen soon which will the shape the trajectory for the Smart Fabrics Industry.

The report contains forecast by Fabric Type

- Passive Smart Fabrics

- Active Smart Fabrics

- Ultra-Smart Fabrics

Smart Fabric Market Forecast by Industry Type:

- Military & Protection

- Construction & Architecture

- Healthcare

- Sports & Fitness

- Fashion & Entertainment

- Automotive & Transportation

Smart Fabric Market Forecast by Geography

- North America

- Latin and South America

- Middle East and Africa

- Europe

- Asia-Pacific

Companies Covered in this report are:

1. Clothing+

2. Toray Industries

3. QinetiQ Group plc

4. AiQ Smart Clothing

5. Textronics Inc

6. Grado Zero Espace

7. Cityzen Sciences

8. EXO2 The Heat Inside

9. Gentherm Inc.

10. Outlast Technology

11. Peratech Holdco Ltd.

12. ThermoSoft International

Scope of the Smart Fabric Market 2021 Report

- This report provides a detailed view of global smart fabrics market with current demand and the forecasted demand for the market.

- This report identifies the need for focusing on the usage of smart fabrics by various segments.

- This report also provides a historical perspective of the usage and growth of smart fabrics as a growth promoter by farm house producers.

- This report provides detailed information on global smart fabrics market with growth forecasts up to 2021.

- This report also focuses on developing a better understanding of the current trends of the smart fabrics market.

- This study also identifies various policies related to smart fabrics market and distribution across various countries in the world market.

- The report identifies the growth drivers and inhibitors for the global smart fabrics market.

- This report profiles ten manufacturers related to smart fabrics market.

- This report provides detailed competitive landscape of the global smart fabrics market.

- This report also provides information regarding the global industries associations related to this industry.

- This report identifies major challenges faced by a new player in global smart fabrics market.

- The report identifies the key risks associated with the smart fabrics market.

- This report provides future trends for global smart fabrics market.

- This report also provides recommendations for policy makers. Forecasted demand for the market.

For more details visit: https://www.marketresearchreports.com/navadhi/global-smart-fabric-market-research-report-2021-fabric-type-industry-applications-and

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