Global
Smart Textiles Market, By Type (Active Fabrics, Passive Smart Fabrics,
Ultra-Smart Fabrics), Application (Fashion & Entertainment, Sports &
Fitness, Medical, Transportation, Protection & Military, Architecture),
Function (Energy Harvesting, Sensing, Luminescence, Thermoelectricity),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and
Africa) - Forecast to 2026
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-textiles-market
Market Analysis:
The Global Smart Textiles Market is expected to register a
CAGR of 18.7% in the forecast period of 2019-2026, raising the initial
estimated value from USD 2.07 billion in 2018 to an estimated value of USD 8.18
billion by 2026. This rise can be attributed to the increasing prevalence of
wearable devices and monitoring applications in smartphones.
Market Definition:
Smart
textiles are cloth/fabric that enables the wearer to include digital
accessories and applications to be installed in them. They are developed and
innovated with the technologically advanced methods that add value and enable
the wearer to monitor their movements and various other applications. They have
the ability of changing their colour, or even utilize the energy.
Market Drivers:
·
Innovation and application of textiles in
smartphones and other devices for monitoring purpose will drive the market
growth
·
Implementation of nanotechnology, and
applications of wearable devices will also drive the market growth
Market Restraints:
·
High cost of production and environmental
footprint will act as a major market restraint
·
No collaboration between the players and high
level of competition is expected to restrain the market growth
Segmentation: Global
Smart Textiles Market
By Type
·
Active Fabrics
·
Passive Smart Fabrics
·
Ultra-Smart Fabrics
By Application
·
Fashion & Entertainment
·
Sports & Fitness
·
Medical, Transportation
·
Protection & Military
·
Architecture
By Function
·
Energy Harvesting
·
Sensing
·
Luminescence
·
Thermoelectricity
By Geography
·
North America
·
South America
·
Europe
·
Middle East and Africa
·
Rest of Middle East and Africa
Competitive Analysis:
Global Smart Textiles Market
The global smart textiles market is highly fragmented and
the major players have used various strategies such as new product launches,
expansions, agreements, joint ventures, partnerships, acquisitions, and others
to increase their footprints in this market. The report includes market shares
of smart textiles market for global, Europe, North America, Asia Pacific and
South America.
Major Market
Competitors/Players:
·
AiQ Smart Clothing, Google LLC,
·
Texas Instruments Incorporated,
·
DowDuPont,
·
Kolon Industries Inc.,
·
Interactive Wear AG,
·
Ohmatex,
·
schoeller,
·
adidas AG,
·
Koninklijke Ten Cate bv,
·
GENTHERM,
·
Maggie Orth,
·
VISTA MEDICAL LTD.,
·
Nike Inc.,
·
O’Neill,
·
Thermosoft International Corporation,
·
Peratech Holdco Limited,
·
Clothing+,
·
Outlast Technologies LLC
Research Methodology:
Global Smart Textiles Market
Data collection and base year analysis is done using data
collection modules with large sample sizes. The market data is analysed and
forecasted using market statistical and coherent models. Also market share
analysis and key trend analysis are the major success factors in the market
report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is
data triangulation which involves data mining, analysis of the impact of data
variables on the market, and primary (industry expert) validation. Apart from
this, other data models include Vendor Positioning Grid, Market Time Line
Analysis, Market Overview and Guide, Company Positioning Grid, Company Market
Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor
Share Analysis. To know more about the research methodology, drop in an inquiry
to speak to our industry experts.
Key Insights in the
report:
·
Complete and distinct analysis of the market
drivers and restraints
·
Key Market players involved in this industry
·
Detailed analysis of the Market Segmentation
·
Competitive analysis of the key players involved
View Full Report @ https://databridgemarketresearch.com/reports/global-smart-textiles-market/
About Us:
Data Bridge Market Research
set forth itself as an unconventional and neoteric Market research and
consulting firm with unparalleled level of resilience and integrated
approaches. We are determined to unearth the best market opportunities and
foster efficient information for your business to thrive in the market. Data
Bridge endeavors to provide appropriate solutions to the complex business
challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating
satisfied clients who reckon upon our services and rely on our hard work with
certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818