Market Research Report Smart and Interactive Textiles Market Report 2018
Analysis of Global Smart and Interactive Textiles
Market Report 2018-2022
A new report released by Businessindustryreports.com titled
“Global Smart and Interactive Textiles Market 2018” that
targets and provides comprehensive market analysis with
future prospects to 2022. The Smart and Interactive Textiles
Market report broadly provides the in-depth study of market
growth, trends, share, industry overview, size and top
players.
Global Smart and Interactive Textiles Market Overview:
According to Market Analysts Global Smart and Interactive Textiles Market size is to maintain the
average annual growth rate of 14.15% from 1728 million $ in 2014 to 2570 million $ in 2017.
Market analysts believe that Smart and Interactive Textiles Market size will be further expanded,
the market size of the Smart and Interactive Textiles will reach 4980 million $ by 2022.
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Advancements in the healthcare sector will be a significant driving factor for the global smart and
interactive textiles market growth in the forecast years. Moreover, the rising popularity of
sophisticated gadgets with advanced functions is one of the major factors estimated to encourage
the growth of the global smart and interactive textiles market.
The Smart and Interactive Textiles Market is segmented based on Product, Application and Region.
On the basis of product, the market is sub-segmented into Wearable electronics, chromic materials
and other. Wearable electronics are popular among the tech-savvy and sports enthusiast population
and will flourish at a significant rate in the coming years.
Chromic materials segment will likely augment the smart and interactive textiles market growth with
its growing popularity among the households of the developed nations.
On the basis of application, the market is sub-segmented into Industrial, Military & defense, Medical
& healthcare, Retail & customer, Transportation and Others.