QMI added to its vast collection of research reports most up-to-date research on global smart fabrics market to see worldwide growth by top companies are Adidas AG, AiQ Smart Clothing Inc., Clothing+ (Jabil Circuit Inc.), EXO2, Gentherm Inc., Mide Technology Corporation, Nike Inc., OhmatexApS, Sensing Tex S.L., Thermosoft International Corporation, Auxetix, Eleksen, Fibretronic Limited, and Peratech Ltd.
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The global smart fabrics market is projected to reach USD 16.80 billion by 2028, growing at a CAGR of 43.2% during the forecast period. The study tells the market scenario of smart fabrics market in various segments based on geographical distribution along with analysis of the market for the current market situation and its potential to grow globally during the forecast period.
Report Description of this report analyzes the global smart fabrics market for the period 2020–2028. This report's primary objective (smart fabrics market) is to provide insights and key market developments relevant to the smart fabrics Tubes Industry that are slowly helping transform global businesses.
The global report on smart fabrics market begins with the executive summary for different categories and their share in the smart fabrics market. It is followed by the global smart fabrics market's market dynamics and overview, which includes analysis of market drivers, constraints, and trends that affect the smart fabrics market's growth. In addition, to understand the popularity of the smart fabrics market segment, the attractiveness index and BPS analysis will be provided with detailed insights into the same, showing the attractiveness of the market based on factors such as CAGR and incremental opportunities.
The next segment of the report highlights segmentation by region of the smart fabrics market and gives the market forecast for 2019–2028. The report examines regional development as well as analyzes the factors affecting the regional smart fabrics market. North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World are the major regions evaluated in this study.
North America is expected to hold a prominent share in the smart fabrics market, with the United States accounting for the major share in the region. According to the Consumer Technology Association, in 2018, around 46.1 million wearable devices were forecasted to be shipped in the United States. Thus, increasing the adoption of wearable electronics devices is expected to open new avenues for the smart fabrics market in the region as they offer significant enhancements to human comfort, health, and well-being. International technology giants, such as Google and Microsoft have increased their investments into wearable technology, extending into the fashion design field. For instance, Microsoft has been working on a smart scarf that will notify users of various things by vibrating and heating up. The scarf can ideally be used to soothe those with disorders, such as autism that have trouble maintaining control of their feelings.
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To assess the size of the market in terms of value and size, consideration is given to the revenues generated by the main manufacturers and their respective production capacity. The forecast presented here estimates the value-generated total revenue across the smart fabrics market. To provide a precise forecast, we have initiated by sizing up the current market, which forms the basis on how the future development of the smart fabrics market is predicted.
Market Segmentation:
By Type:
• Active
• Passive
• Ultra Smart
By Functionality:
• Sensing
• Energy Harvesting
• Luminescence & Aesthetics
• Thermoelectricity
• Others
By Application:
• Fashion & Entertainment
• Sports & Fitness
• Medical
• Transportation
• Protection & Military
• Architecture
By Region:
• North America
o By Country (US, Canada, Mexico)
o By Type
o By Functionality
o By Application
• Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Type
o By Functionality
o By Application
• Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Functionality
o By Application
• Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Type
o By Functionality
o By Application
• Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Type
o By Functionality
o By Application
• Rest of the World
o By Region (South America, Africa)
o By Type
o By Functionality
o By Application
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Reasons to Buy This Report:
• Market size estimation of the global smart fabrics market on a regional and global basis.
• The unique research design for market size estimation and forecast.
• Profiling of major companies operating in the smart fabrics market with key developments.
• Broad scope to cover all the possible segments helping every stakeholder in the smart fabrics market.
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
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