The analysts forecast the global smart textiles market to grow at a CAGR of 24.6% during the period 2016-2020.
Textiles can be conformed to any shape; hence, they can be easily integrated with electronic components to produce revolutionary products and meet the ongoing demand for better-equipped materials. Smart textiles, also known as technical textiles or interactive textiles, are integrated with electronic components like sensors for application in health monitoring, heat management, illumination, sensing, communication, and other related uses.
The report covers the present scenario and the growth prospects of the global smart textiles market for 2016-2020. To calculate the market size, the report considers the sales of smart textiles to end-users such military and protection, architecture, sports and fitness, transportation, fashion and entertainment, and medical industries. The report also includes a discussion of the key vendors operating in this market.
Increase in incorporation of BLE technology will be a key trend for market growth. Many electronic devices such as laptops, smartphones, and tablets incorporate BLE technology. BLE technology is wireless personal area network technology designed with connectivity to mobile phones, low power consumption, and multi-vendor interoperability. Research and emerging technologies are expected to improve the integration of this technology into textiles. Garments enabled with BLE technology can sense and monitor data, in addition to a number of applications, via a connection the internet. In addition, BLE technology reduces power consumption in comparison to other power sources.
According to the report, miniaturization of electronic components will be a key driver for market growth. The focus toward the miniaturization of electronic components and systems is increasing, and the requirement for smaller assembly components for the manufacture of smart textiles is growing significantly. The core yarns of traditional textiles are integrated with electronic components to be used in several applications like monitoring vital signs in the medical sector; monitoring performance in the sports sector; and in transport, military, and other related sectors.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Interactive Wear
- Intelligent Clothing
Other prominent vendors
- Infineon Technologies
- Texas Instruments
- Schoeller Textil
- International Fashion Machine
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Key leading countries
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
PART 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/g9btts/global_smart