Market News Today Smart Fabrics and Interactive Textiles Market | Page 3

increasing demand for smart fabrics & interactive textiles. Growing adoption of smart fabrics and interactive textiles in numerous end-use industries such as sports & fitness, military and medical & healthcare, amongst others, is expected to be the noteworthy expansion driver over the forecast period. Transportation sector represents the biggest end-use industry for interactive textiles and smart fabrics. Military clothing is one more main end-use industry for smart fabrics sustained by the growing focus on the incorporation of wearable technology that can decrease weight from batteries and cabling used for electronic equipment in military uniforms. The demand for real-time Information Technology in dangerous scenarios and severe conditions is offering momentum to the growth of wearable technologies for defence functionality. In the healthcare section, the requirement for interactive textiles and smart fabrics is determined largely by the increasing demand to improve nursing care, drug delivery and managing the medical process. In fitness and sports segment, increasing demand for products which are capable of recuperating sporty performance in fields which are extreme sports, running and skiing is likely to promote market expansion over the forecast period. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/textiles On the basis of the region, the smart fabrics and interactive textiles market can be segregated into Europe, North America, Latin America, Asia Pacific and the Middle East & Africa. Europe is expected to dominate the market in terms of revenue over the forecast period owing to the significant presence of end use industries ranging from healthcare, military & defence. The European Union is also granting funds heavily to smart fabrics and interactive textile market which is also fuelling the growth of this market in Europe. Europe is followed by North America owing to increasing utilization of smart fabrics and textiles by the variety of industries over the forecast period, in terms of revenue generation. Asia Pacific is expected to grow rapidly over the forecast period owing to the existence of huge scale fabrics and textile industries coupled with thriving healthcare and medical industry. Some of the key players in the smart fabrics and interactive textiles market are E. I. Du Pont De Nemours and Company, Intelligent Clothing Ltd, International Fashion Machines Inc, Wear AG, Kimberly-Clark Health Care, Milliken & Company, Outlast Technologies LLC, Royal Philips Electronics N.V, Textronics Inc and Marktek Inc. Market Segment: