Passive Smart Textiles Find Increased Demand in Military and Protection Vertical
The Smart Textiles Market is expected to grow from USD 2.3 billion in 2021 to USD 6.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period. The report identifies the major factors driving this growth, such as the use of advanced technologies in smart textiles, the miniaturisation of electronic components, and the expanding wearable industry. The market is divided into four sections: type (passive, active/ultra-smart), function (sensing, energy harvesting and thermoelectricity, luminescence and aesthetics), vertical, and geography. The report profiles key players in the smart textiles market and analyzes their market shares. Players profiled in this report are DuPont (US), Alphabet (US), Jabil (US), AIQ Smart Clothing ( Taiwan ), Sensoria (US), Gentherm (US), Interactive Wear ( Germany ), Outlast Technologies (US), Adidas ( Germany ), Hexoskin ( Canada ), TenCate ( Netherlands ), Clim8 ( France ), Nike (US), Sensing Tex ( Spain ), The...