Global Smart Textiles Market to grow at a CAGR of 24.6% during Forecast 2016-2020

Albany, NY, Dec 23: 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 global smart textiles market to grow at a CAGR of 24.6% during the period 2016-2020. 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 market is divided into the following segments based on geography:
– APAC
– Europe
– North America
– ROW

Get a Sample Research PDF with TOC: www.researchmoz.us/enquiry.php?type=S&repid=834761

Technavio’s report, Global Smart Textiles Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
– Clothing+
– Interactive Wear
– Intelligent Clothing
– Ohmatex
– Sensoria

Other prominent vendors
– Infineon Technologies
– Texas Instruments
– Schoeller Textil
– International Fashion Machine

Market driver
– Growing demand from the healthcare sector
– For a full, detailed list, view our report

Market challenge
– Constraints in integrating electronic components into textiles
– For a full, detailed list, view our report

Market trend
– Increase in incorporation of BLE technology
– For a full, detailed list, view our report

Enquiry at: www.researchmoz.us/enquiry.php?type=E&repid=834761

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?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Albany NY – 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: bit.ly/1TBmnVG

This release was published on openPR.