LAMEA Smart Textile Market Size

With new and innovative trends, the demand for smart textiles would grow, both in the developed and developing countries. Better standards of living, higher disposable incomes, growing awareness about safety and environmentalism, advancements in the medical technology, growing automotive sector, and increased spending on healthcare are the factors responsible for the growth in these countries. Smart textiles are fabrics manufactured with technologies imbibed to provide superior functionality to the wearer. The smart textiles have the capability to sense and react to stimuli or external conditions such as from thermal, mechanical, chemical, magnetic, and other sources. The demand for various smart textile products has significantly increased as there has been a renewed interest for such textile from industries such as military and defense and healthcare.

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Based on Industry, the market is segmented into Military & Defense, Healthcare, Sports & Fitness, Entertainment, Automotive, and Others. Based on Function, the market is segmented into Sensing, Energy Harvesting, Thermoelectricity, Luminescent and Others. Based on country, Smart Textile market is segmented Latin America, and Middle East & Africa (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of Latin America, and Middle East & Africa). Brazil remained the dominant country in the Latin America, Middle East & Africa Smart Textile market. The report covers the analysis of key stake holders of the Smart Textile market.

Key companies profiled in the report include E.I Du Pont De Nemours and Company, Google Inc., Adidas AG, AIQ Smart Clothing Inc., Clothing Plus Ltd., Interactive Wear AG, Outlast Technologies LLC and Scholler Textil AG.

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