Sep 26, 2017   SOURCE: BusinessWire

Global Smart Textiles Market - Market Shares and Forecasts to 2023 - Research and Markets

The "Global Smart Textiles Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.

The global smart textiles market is expected to rise at a CAGR of about 34% during the forecast period 2016-2023.

Evolution of low-cost smart wireless sensor networks in wearable is fueling development in the global smart textiles market during the forecast period. However, lack of exhaustive standards and regulations and high cost associated with the electronic wearable technology are the factors that restrain the growth of the global smart textiles market during the forecast period.

Geographically, North America accounted for the largest market share in terms of revenue for the smart textiles market in 2016 followed by Europe. North America is expected to dominate the smart textiles market during the forecast period due to rising demand for smart textiles across the region. Asia Pacific is expected to be the fastest growing region for the smart textiles market during the forecast period due to rising demand for smart textiles and wearable electronics from developing countries of Asia Pacific.

Companies Mentioned

  • Clothing Plus Ltd. (Finland)
  • Du Pont De Nemours And Company (U.S.)
  • Gentherm Incorporated (U.S.)
  • Google Inc. (U.S.)
  • Intelligent Clothing Ltd. (U.K.)
  • Interactive Wear Ag (Germany)
  • International Fashion Machines, Inc. (U.S.)
  • Ohmatex (Denmark)
  • Outlast Technologies Llc (U.S.)
  • Peratech Ltd. (U.K.)
  • Schoeller Textiles Ag (Switzerland)
  • Sensoria Inc. (U.S.)
  • Textronics, Inc. (U.S.)
  • Thermosoft International, (U.S.)
  • Vista Medical Ltd. (Canada)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/2ncwnd/global_smart