Smart Textiles Market in US 2015-2019
About Smart Textiles
Smart textiles are fabrics incorporated with electronic components. They are used in various applications for monitoring, illumination, sensing, and communication purposes. They are also known as technical textiles or interactive textiles. These textiles are used in applications in the military, architectural, sports and fitness, transportation, fashion and entertainment, and healthcare sectors.
Technavio's analysts forecast the smart textiles market in the US to grow at a CAGR of 18.32% over the period 2014-2019.
Covered in this Report
The smart textiles market in the US can be segmented into seven based on end-use: military and protection, architecture, sports and fitness, transportation, fashion and entertainment, and others. It is widely used in the military sector for protection and safety.
Technavio's report, Smart Textiles Market in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the smart textiles market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Smart Textile Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Smart Textile Market in the US: DuPont, TE Connectivity and Texas Instruments
Other Prominent Vendors in the market are: Almac American Knits, Apex Mills, Cone Mills, Creative Materials, Edley Associates, Fabric Trends International, FiberLok, FiberWeb, Fifield, Hamrick Mills, Microfibers and Schneider Mills
Commenting on the report, an analyst from Technavio’s team said: “Smart textiles are lightweight, flexible, and strong, and are used in a wide range of applications. Textiles are integrated with electronics to produce revolutionary new products to meet the ongoing demand for better equipped materials. These materials are used in the military sector as they replace the use of bulky batteries in garments worn by soldiers. Thus, smart textiles provide users with better mobility and comfort.”
According to the report, the demand for high-performance equipment and apparel is driving this market. Soldiers are continuously enduring to improve their performance and store data for analysis. Lightweight equipment can be fitted to uniforms and vests made from smart textiles to record data. Smart textiles are used in personal protective equipment and apparel to help reduce risks to users, while providing a desirable environment based on external stimuli. These high-functional and smart textiles are increasingly adding value to the military sector by combining utilitarian functions with the uniforms, which leads to the achievement of high level of performance.
Further, the report states that limitation of power supplies for wearable materials is posing a threat to the market growth.
DuPont, TE Connectivity, Texas Instruments, Almac American Knits, Apex Mills, Cone Mills, Creative Materials, Edley Associates, Fabric Trends International, FiberLok, FiberWeb, Fifield, Hamrick Mills, Microfibers, Schneider Mills