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Smart Textiles Market: A Comprehensive Analysis and Forecast, 2021-2026

The Smart Textiles Market Size, Analysis, Trends, & Forecasts. The Global market for Smart Textiles categorized by Type, Function, Vertical, Size and Geography.

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Smart Textiles Market: A Comprehensive Analysis and Forecast, 2021-2026

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  1. MarketsandMarkets Presents The Smart Textiles Market is expected to grow from USD 2.3 billion in 2021 to USD 6.6 billion by 2026; it is expected to grow at a CAGR of 23.2% during the forecast period. The major driving factors for the growth of the Smart Textiles Market include implementation of advanced technologies in smart textiles, miniaturization of electronic components, and expanding wearable industry among others.

  2. MarketsandMarkets Presents Sports and fitness vertical to have highest CAGR during the forecast period. The sports and fitness segment is expected to register the highest CAGR during the forecast period. One of the key factors driving the growth of this segment is the growing awareness regarding health and fitness among the general population. Besides, the growing prevalence of heart-related diseases and diabetes is consequently expected to drive the growth of the Smart Textiles Market for the sports and fitness vertical. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1376 4132

  3. MarketsandMarkets Presents Passive Smart Textile to have a significant market in military and protection vertical during the forecast period Passive smart textiles are the first generation of smart textiles, which can only sense environmental conditions or stimuli but cannot adjust according to external changes. Optical fiber-embedded fabrics and conductive fabrics are the types of passive smart textiles. UV protective clothing, antibacterial fabric textiles, multilayer composite fibers and textiles, plasma-treated fabrics, ceramic-coated fabrics, conductive fibers, and fabrics with optical sensors are some of the examples of passive smart textiles. They are majorly used in the military and protection vertical due to their ruggedness.

  4. MarketsandMarkets Presents Sensing function accounts for largest market share for Smart Textiles Market during the forecast period Smart textiles are materials that sense and react to environmental conditions or stimuli, which is generated through mechanical, thermal, chemical, electrical, magnetic, or any other sources. They can sense body heat, heart rate, respiration rate, and motion & speed through various sensors. Apparels such as gloves, shirts, and pants made using smart textiles can sense different health parameters of a wearer. Advanced smart fabric sensors virtually track every psychological aspect, including bending, location, movement, and pressure. Thus, sensing is one of the major functions for which smart textiles are being used.

  5. MarketsandMarkets Presents North America accounts for the largest share of the Smart Textiles Market during the forecast period North America accounted for the largest share of the Smart Textiles Market due to several factors. One of the most important factors is technological innovations and advancements, which led to the introduction of new products. The increasing demand for smart textiles from the consumer electronics and medical industries has led to the growth of the Smart Textiles Market in North America. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/smart- textiles-market-13764132.html

  6. MarketsandMarkets Presents Key Players The Report Profiles Key Players in the Smart Textiles Market and analyzes their market shares. Players profiled in this report are DuPont (US), Alphabet (US), Jabil (US), AIQ Smart Clothing (Taiwan), Sensoria (US), Gentherm (US), Interactive Wear (Germany), Outlast Technologies (US), Adidas (Germany), Hexoskin (Canada), TenCate (Netherlands), Clim8 (France), Nike (US), Sensing Tex (Spain), Thermosoft International (US), Milliken & Company (US), Applycon (US), Peratech (UK), CHARNAUD (South Africa), Footfalls & Heartbeats (UK), Volt Smart Yarns (US), Samsung(South Korea), Ambiotex (Germany), Microsoft (US) and LifeSense Group (Netherlands).

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  8. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/smart- textiles.asp

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