Developments In Material Science To Shape The Market For Smart Fabrics And Interactive Textiles, According To New Report By Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Smart Fabrics and Interactive Textiles market. Global market for Smart Fabrics and Interactive Textiles is projected to reach US$2.6 billion by the year 2017. Growth will be primarily driven by radical developments in material science and fiber technologies i.e. nanofibers, conductive pressure-sensing fabrics and other hybrid fabrics, growing miniaturization of electronics, increasing use of electronic textiles in emerging generation of wearable computing smart products and rapid expansion into newer application areas.
San Jose, California (PRWEB) - Follow us on LinkedIn – Given the ubiquity of textiles in our immediate environment, textile structures represent an attractive platform for integration and encapsulation of sensing, computing and communication capabilities, in furtherance of the envisioned goal of pervasive computing. The focus on building an intelligent environment into everyday items is leading to the rapid evolution of wearable computers and electronics, which in turn is poised to amply benefit the market for smart fabrics and interactive textiles. The market also stands to benefit from technology developments and innovations in the field of integration of electronic devices into textiles at the yarn level and performance and functionality improvements in integrated textile sensors, switches, interconnects etc. For instance, miniaturization of capacitive fabric sensors enables easy integration into substrate fabrics. In the healthcare sector, efforts are also being directed towards developing nanotechnology-based 3D textile structures called Net Shape Nonwovens (NSNs), the porous nature of which enhances cell growth and thereby acting as bone substitutes.
Noteworthy innovations in the marketplace till date includes photovoltaic fabrics for use in photovoltaic structures such as, solar-powered tents, canopy covers for parking lots, charging stations, awnings for solar shadings, sailboat sails, truck tarp, boat covers etc, and illuminated fashion for the consumer market comprising of illuminated textiles containing hundreds of LEDs embroidered onto the fabric. Other innovations include smart bandages, based on stretchable circuit technology, to detect the presence of specific proteins in the wound, thereby monitoring the healing process. Smart shoe insoles detect pressure marks in diabetic patients for preventing ulcers and wounds. Respiratory sensors incorporated in baby clothes to help prevent crib death. Newer avenues for growth will stem from emerging applications such as in the military, construction, transportation, and healthcare among others. As electronics, computers and computing technologies gradually dissolve into material environments and familiar form factors, beginning with clothing, furnishings to often used gadgets, its opportunities galore in the marketplace in the medium to long-term period.
Continued fall in prices of electronic components and textile materials, advancements in micro electronics and nanotechnology, and unique requirements of specific end-users, will drive growth in the market in the upcoming years. Investments, including venture capital funds, in smart textile technologies are expected to increase in the upcoming years, as commoditization in the conventional textile industry begins to clog distribution networks and supply chains and constrict profit margins forcing textile manufacturers to look for newer ways to beat competition. Developing countries with high levels of industrialization will move into the spotlight especially in the field of technical textiles.
In the military end-use sector, demand for smart fabrics and interactive textiles hinges critically upon the spending outlook of governments worldwide and Europe’s debt crisis, not surprisingly is casting a long shadow of worry. Also, national debt in the United States is reaching a symbolic high, almost equaling the value of goods and services produced in the economy. The ensuing debate over widening government deficits and need for spending cuts, is likely to result in possible shrinkage in defense budgets in the US and Europe. New spending limits will likely lower the defense budget baseline in US and Europe and this thereby will directly impact defense spending on supplies, such as, protective clothing, blankets, camping equipment, arms and ammunitions, among others. The textile industry in Europe currently remains nervous over the play out of the debt crisis that currently hangs over Western Europe. While the potential outcomes of the crisis remain numerous, baseline market sentiments currently accumulate at the optimistic end of the spectrum.
As stated by the new market research report on smart fabrics and interactive textiles, biomedical applications in the United States is one of the fastest growing end-use sectors, trailing a projected CAGR of 39.9% over the analysis period 2009 through 2017.
Major players in the marketplace include Du Pont, Exmovere Holdings, Peratech Limited, Intelligent Clothing, Interactive Wear AG, International Fashion Machines, Kimberly-Clark Health Care, Marktek Inc, Milliken & Company, Noble Biomaterials, Outlast Technologies Inc, Royal Philips Electronics, Schoeller Textiles, Smartex, Textronics, and Toray Industries, among others.
The research report titled “Smart Fabrics and Interactive Textiles: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, end-use analysis, product introductions, mergers, acquisitions, and other strategic industry activities. Market estimates and projections are presented for United States and Rest of World. The US market is further analyzed by end-use verticals including Consumer Products, Military & Homeland Defense/Public Safety, Computing, Biomedical, Vehicle Safety and Comfort, and Others.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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