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According to a new report Global Smart Textile Market, published by KBV Research, the global Smart Textile Market is expected to attain a market size of $5.1 billion by 2022, growing at a CAGR of 26.7% during the forecast period.
The Military & Defense market dominated the Global Smart Textile Market by Industry in 2015, and would continue to be a dominant market till 2022, growing at a CAGR of 25.2 % during the forecast period. The Sports & Fitness market is expected to witness a CAGR of 27.3% during (2016 - 2022). Additionally, The Automotive market is expected to witness highest CAGR of 27.6% during (2016 - 2022).
The North America market dominated the Global Thermo electricity Smart Textile Market by Region in 2015, and would continue to be a dominant market till 2022; thereby, achieving a market value of $324.1 million by 2022. The Europe market is expected to witness a CAGR of 28% during (2016 - 2022). Additionally, The Asia-Pacific market is expected to witness a CAGR of 31.2% during (2016 - 2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Smart Textile have been discussed in the report along with the elaborated company profiles of 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 SchollerTextil AG.
Full report - https://www.kbvresearch.com/global-smart-textile-market/
Global Smart Textile Segmentation By Function
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