"The
Report Global Smart Textiles Market 2016-2020 provides information on
pricing, market analysis, shares, forecast, and company profiles for
key industry participants. - MarketResearchReports.biz"
MarketResearchReports.biz has
announced the addition of a new report to its repository, titled
“Global
Smart Textiles Market
2016–2020.” The report is a comprehensive analysis of all the
factors that may impact the demand for smart textiles in the near
future, and estimates the scenario of the market until 2020. The
report has been prepared to act as a credible document for the
audiences such as companies in the smart textiles market, analysts
and strategic business planners, technology standards organizations
and forums, research organizations, and end users who need in-depth
knowledge pertaining to the technological advancements in the smart
textiles market.
Since textiles can be transformed
into any shape, they are compatible to be integrated with electronic
components such as sensors that help in health monitoring,
illumination, communication, and heat management. This advancement is
poised to revolutionize the products and yield technical textiles or
interactive textiles. According to the demand, the factors that will
positive influence the demand for smart textiles during the forecast
period are: accelerating demand from sports sector, growing
adoptability of smart textiles in the healthcare industry for quick
response, and miniaturization of electronic components. Conversely,
high production cost of smart textiles, which in turn increases the
eventual cost to consumers, is the primary factor that is hindering
the market from attaining its true potential. Constraints in
integrating electronic component into textiles will also negatively
impacting the market’s growth rate. Increase in incorporation of
Bluetooth low energy (BLE) technology and growing use of
nanotechnology are two trends highlighted by the report that must be
noted by the existing players in order to gain ground over their
competitors.
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The report segments the global
smart textile market into passive smart, active smart, and
ultra-smart in terms of type, while by end user, the market has been
categorized into military and protection, architecture, sports and
fitness, transportation, fashion and entertainment, and medical. Out
of these, sports and fitness segment is currently most lucrative,
with high demand for smart shirt that report heart rates by tracking
physical activities. Geographically, the report studies the
opportunities in the regions of North America, Asia Pacific, Europe,
and rest of the world.
View Press Release @
http://www.marketresearchreports.biz/pressrelease/3883
To provide a thorough analysis of
the competitive landscape of the global smart textiles market, the
report has dedicates chapters on competitive scenario, concentration
of the global consumer base, competitive advantages of a few key
players, and the buying criteria of the consumers. Porter’s five
forces analysis has been included in the report. Some of leading
players profiled in the report are Ohmatex, Interactive Wear,
Clothing+, Sensoria, and Intelligent Clothing, while other prominent
players in the global smart textiles market are International Fashion
Machine, Schoeller Textil, Infineon Technologies, and Texas
Instruments
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