According to a new market research report “Smart Textiles Market by Type (Passive, Active, Ultra-smart),
Function (Sensing, Energy Harvesting, Luminescence & Aesthetics, Thermo-electricity), Industry (Healthcare,
Sports & Fitness, Fashion, Military, Automotive), & Geography - Global Forecast to 2020”, published by marketsandmarkets, the total market was valued at USD 794.55 Million in 2014 and is expected to reach USD
4,722.81 Million by 2020, at a CAGR of 33.58% between 2015 and 2020.
Browse 68 market data tables and 59 figures spread through 160 pages and in-depth TOC on “Smart Textiles
Market - Global Forecast to 2020" http://www.marketsandmarkets.com/Market-Reports/smart-textiles-market-13764132.html Early buyers will receive 10% customization on this report.
During the last decade, there have been strategic and developmental changes in the conventional textile industry with regard to convergence with the electronics industry; this has led to innovation and development of new textile and wearable products with advanced functionalities. This consolidation of two sectors- textile and electronics has resulted in the development of smart textiles. Smart textiles represent the next generation of fibers, textiles integrated with electronics and products produced from them. They can be described as textiles that think and respond to a situation. Many smart textiles have already featured in advanced types of clothing, primarily for protection and safety, and added fashion or ease. Smart textiles have a huge growth potential and application in various sectors such as defense, automotive, and entertainment among others, across the globe. The smart textiles market based on the type has segmented into passive smart, active smart, and ultra-smart textiles.
The report covers key application areas of the Smart Textiles Market, which include military and protection, architecture, healthcare, sports and fitness, fashion