DUBLIN--(BUSINESS WIRE)--The "Global Smart Fabrics for Sports and Fitness Market - Segmented by Product Type (Ultra Smart Fabrics, Active Smart Fabrics, Passive Smart Fabrics), Function (Energy Harvesting, Sensing), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The smart fabrics for sports and fitness market are expected to grow with a CAGR 17.92%, during the forecast period 2018-2023.
Recent technological advancements in the microelectronics industry have resulted in the development of components down to Nano-scale. This is showing promising growth over the forecast period for Smart Fabrics or textiles in sports and fitness market. Researchers are now evaluating new possibilities to functionalize fabrics or textiles with emerging technologies, to improve the lifestyle of the consumer.
The advancements in Nano-technology and micro-fabrication technologies have enabled miniaturization process, which makes smart sensors cost-effective and drives future market of smart fabric in fashion and entertainment. The 3-D printing production processes and Nano-materials developed by Nano Dimension have the potential to resolve this challenge and help create an efficient production technology for smart textiles.
In the United States, there is a remarkable future for Smart Fabrics in Sports and Fitness Market. Considering the Sports and Fitness industry, these fabrics are capable of being modified as per the user's needs. It can be water resistant and can measure the chemical composition of the body, monitor heart rate, and also, keep a track of the physical activities as well as local environment.
Companies Mentioned
- AiQ
- Eeonyx Corporation
- Future-Shape
- Interactive Wear AG
- Koninklijke Ten Cate nv
- Performance Fibers
- Nike Inc.
- Schoeller Textil AG
- Textronics
- Novanex
- Marktek Inc.
- Adidas AG
- Toray Industries
- Intelligent Clothing
- Smartex s.r.l.
- Ohmatex ApS
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Market Dynamics
6. Technology Snapshot
7. Global Smart Fabrics for Sports and Fitness Market Segmentation
8. Vendor Market Share
9. Key Vendor Profiles
10. Investment Analysis
11. Future of Smart Fabrics for Sports and Fitness Market
For more information about this report visit https://www.researchandmarkets.com/research/7rghnj/global_smart?w=4
