+1-888-308-5802     
News Contact Us

Smart And Interactive Textiles Market Analysis by Regions, Types, Applications and Key Companies Contribution (2020-2024)

Author : Ravi Chawat | Published Date : 2020-09-16 

Chromic materials segment is expected to boost the smart and interactive textiles market growth with their increasing popularity in the developed economies in the forecast period. Their unique capabilities to react to exterior stimuli like electricity, heat, light, pressure, as well as the absence or presence of certain gas and liquid media, will be the drivers to the product popularity by 2014.

The product market is probable to observe significant demand for a range of applications in medical & healthcare, transportation, military & defense, industrial and retail & consumer sectors. Also, few other demand prospects will be associated with segments including aircrafts, space activities, marine, automobiles, household applications, rail coaches, etc. Transportation sector is likely to be a significant segment among all, having over USD 1.5 billion revenue forecast by 2024. The growth is attributed to the rising concerns regarding passenger comfort and safety.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1432

Market retain price and higher cost of product manufacturing as compared to the conventional fabrics might act as a threat to the growth of smart and interactive textiles market in the near future. However, with integration of specialized actuators and sensors, the product bears vast technology orientation in order to deliver the desired applicability and hold brighter growth prospects.

Wearable electronics are prevalent among the sports enthusiasts and tech-savvy population, owing to their unique features such as integration with actuators and sensors for monitoring the metabolism of athletes, soldiers, cardiac patients and even car and motorbike racers. Also, easy gadgets connectivity, like tracking devices, mobile phones, headphones, etc. will rise their acceptance and flourish the market at a significant rate in the near future.

Continuous developments in disease prevention and treatment procedures have inspired doctors for using textiles equipped with sensor for superior results in the recent years. Smart fabrics are gaining popularity in applications such as wound dressing with bandages, pH sensors, hospital beds, gowns as well as bio-monitoring of neural, cardiovascular, respiratory and muscular activities. This portrays brighter growth aspects for the product demand in the forecast period.

Key Point of TOC:

Chapter 7.  Company Profiles

7.1.  E. I. du Pont de Nemours and Company

7.1.1.     Business Overview

7.1.2.     Financial Data

7.1.3.     Product Landscape

7.1.4.     Strategic Outlook

7.2.  Koninklijke Ten Cate

7.2.1.     Business Overview

7.2.2.     Financial Data

7.2.3.     Product Landscape

7.2.4.     Strategic Outlook

7.3.  Toray Industries

7.3.1.     Business Overview

7.3.2.     Financial Data

7.3.3.     Product Landscape

7.3.4.     Strategic Outlook

7.4.  Textronics, Inc

7.4.1.     Business Overview

Continue...

Request for customization @ https://www.gminsights.com/roc/1432

The telehealth devices and services industry is likely to observe exponential growth with the CAGR over 50% in the coming years, driving the product market demand. Many developed economies have instigated telemonitoring programs with smart textiles particularly for cardiac patients to reduce the hospital readmission costs by consistent recording and monitoring the data using the clothing equipped with sensor.

Related Reports

Phase Change Materials Market valuation to surpass $4.4 billion by 2026

Polyvinyl Alcohol (PVA) Films Market projected to surpass $430 million by 2026

Hollow Glass Microsphere Market Projected to Exceed $2,418.8 Million by 2026

Industrial Protective Clothing Market is Likely to Reach $22.5 Billion by 2026

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

Related News

Oxygen Scavengers Market to exceed USD 3 Bn by 2025

Published Date: 2020-09-22         Author: Ravi Chawat

The oxygen scavengers market growth will be driven by rising demand from food & beverage packaging industry. The presence of oxygen can lead to detrimental effects on various foods & beverage items. It can cause alteration in flavor and aroma, loss of nutrition, changes in texture, lipid oxi... Read More

Choline Chloride Market Anticipated to Exceed $675 Million by 2026, Says Global Market Insights Inc.

Published Date: 2020-09-22         Author: Ravi Chawat

The demand for choline chloride is rapidly increasing across the world due to rapidly shifting inclination of market players towards high performance ingredients in order to capitalize on evolving trends in the market. Fast product penetration in pharmaceutical industry as well as rising demand for ... Read More

Latin America Cosmetic Preservatives Market to surpass a valuation of $130 million by 2026

Published Date: 2020-09-22         Author: Ravi Chawat

According to a research report published by Global Market Insights Inc., the Latin America cosmetic preservatives market size was valued at $95 million in 2019 and is projected to surpass $130 million by 2026, registering a CAGR of 4% from 2020 to 2026. The research rep... Read More

© 2020 Fractovia. All Rights Reserved