Global Smart Textile Market Is Expected to Grow at a CAGR of 35.2% from 2017 to 2025

Portland, OR -- (SBWire) -- 08/04/2017 --Smart Textile Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025." As per the report, the global smart textile market is estimated to register a CAGR of 35.2% from 2017 to 2025. The report discusses changing market dynamics, outlines dominating segments, and offers insights on recent developments & opportunities for the future. These insights help market players to gain exceptional results and investors to gain maximum returns on investments. Moreover, the research is helpful to achieve recurring growth and acquire impressive asset base in the global industry.

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The report offers an executive summary of the global smart textile market to assist market players and investors gain an overview and devise strategies for the future. Key findings are offered in the study and market attractiveness is highlighted on the basis of short-term and long-term profit strategies. Current market trends are discussed along with development status of the market. Competitive scenario of the market is outlined to help industry players gain information on market competition and devise strategies for the future to gain competitive advantage. Research methodology is outlined in the study on the basis of primary and secondary research methodologies.

Market landscape of the global smart textile industry is offered based on drivers and restraints. Rise in demand of wearable electronics, increase in demand of size reduction in portable electronic devices, and rise in popularity of smart gadgets, and reducing cost of wireless sensors are factors driving growth in the industry. Extra cost occurred by accommodating electronics in fabrics and absence of standards and regulations limit growth in the global market. Porter's Five Forces Analysis (PFFA) is provided in the report based on bargaining power of buyers, bargaining power of suppliers, threat from substitutes, threat of new entrants, and industrial rivalry. This information is helpful in development of business strategies for the future and determine competitive intensity.

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The report offers detailed segmentation of the global smart textile market based on type, application, and geography. Based on type, it is classified into passive smart textile, active smart textile, and ultra-smart textile. The application segment is classified into military, automotive, healthcare, and others. Geographically, it is divided across North America, Europe, Asia-Pacific, and LAMEA. Market share analysis of each segment is explored for the historic period, 2014–2016 and the forecast period, 2017–2025 with the help of tables and figures. Moreover, revenue generated by each segment is offered in the report in tabular and graphical format.

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The research offers a detailed analysis of key market players operating in the global smart textile market. A business overview is offered in the research to help investors and stakeholders to determine the investment feasibility and market players to determine steps to be taken in the future. Financial and business segmentation of each player are provided in the research along with recent developments. Key market players analyzed in the research include Google Inc., Interactive Wear AG, AIQ Smart Clothing Inc., Schoeller Technologies AG, Clothing Plus Ltd., Gentherm Incorporated, E. I. Du Pont De Nemours and Company, Textronics, Inc., and Outlast Technologies LLC. These insights are helpful to outline level of market competition and market players are able to adopt strategies such as agreements, collaborations, mergers, partnerships, and others to gain competitive edge.