Smart Textiles Market worth 4,722.81 Million USD by 2020

1. MarketsandMarkets Presents Smart Textiles Market worth 4,722.81 Million USD by 2020

2. According to a new market research report “Smart Textiles Market by Type (Passive, Active, Ultra-smart), Function (Sensing, Energy Harvesting, Luminescence & Aesthetics, Thermo-electricity), Industry (Healthcare, Sports & Fitness, Fashion, Military, Automotive), & Geography - Global Forecast to 2020”, the total market was valued at USD 794.55 Million in 2014 and is expected to reach USD 4,722.81 Million by 2020, at a CAGR of 33.58% between 2015 and 2020. Browse 68 market data tables and 59 figures spread through 160 pages and in-depth TOC on “Smart Textiles Market - Global Forecast to 2020" http://www.marketsandmarkets.com/Market-Reports/smart-textiles-market-13764132.html Smart textiles are materials that have the ability to sense the environmental stimuli from mechanical, thermal, magnetic, chemical, electrical and other sources. The miniaturization of electronics and decreasing manufacturing costs of fabrics and electronic components have given rise to the development of smart textiles. The smart textiles market has seen a considerable evolution in the recent years, with a transition from passive to active smart and ultra-smart fabrics.

3. The global smart textiles market was valued at USD 795 Million in 2014 and is expected to reach USD 4.72 Billion by 2020, at a CAGR of 33.58% between 2015 and 2020. Smart textiles in the military and protection sector accounted for the largest share of about 27% of the total market. However, the market for the sports and fitness segment is expected to grow at the highest CAGR of 40.30% between 2015 and 2020. Smart textiles or e-textiles are materials that can react or adapt to external stimuli (mechanical, electrical, thermal or chemical) or changing environmental conditions. The stimuli can include changes in temperature, moisture, chemical sources, electric or magnetic fields, PH, or stress. Buy this Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=13764132 The report also discusses the future of the global market with roadmap, upcoming technologies, and applications with respect to smart textiles. Key players in this market include E.I. DuPont de Nemours and Company (U.S.), Google Inc. (U.S.), Intelligent Clothing Ltd. (U.K.), International Fashion Machines, Inc. (U.S.), Interactive Wear AG (Germany), Schoeller Textiles AG (Switzerland), Textronics, Inc. (U.S.), Vista Medical Ltd. (Canada), Textronics, Inc. (U.S.), Gentherm Incorporated (U.S.), and Sensoria Inc. (U.S.).

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