Lewes, DE -- (SBWire) -- 04/20/2015 --Report forecast the Global Smart Textiles Market for Military to grow at a CAGR of 10.35 percent during the period 2014-2019.
Smart textiles are products that integrate textiles and electronic components to provide enhanced functionality. Smart textiles also possess the capability to monitor, protect, and utilize technological applications. Smart fabrics based on nanotechnology have become the building block for more sophisticated and advanced smart textiles used in various military applications such as military clothing, tents, and textiles for shelter.
The current scenario and growth prospects of the Global Smart Textiles Market for the Military for the period 2015-2019 are examined in this report. Apart from presenting a global overview of the market landscape as well as market shares and growth prospects by region (the Americas, and the APAC and EMEA regions), it also provides a corresponding analysis of the prominent vendors in the market. Major drivers and trends influencing the direction of the market are also examined. The report also considers challenges faced by vendors and the market as a whole.
According to the report, the demand for smart textiles has increased in military applications as they provide protection and functionalities that enhance military performance. Miniaturization of electronic materials along with the advent of technology, have also led to the growth of the market.
Further, the report states that the economic and industrial challenges associated with manufacturing smart textiles and the relatively high cost of smart textiles are hindering the growth of the market. Many electronic functionality in smart textiles are powered by batteries; the limitations of such power sources are posing a major challenge.
Global Smart Textiles Market for Military 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions. The report also includes a discussion of the key vendors operating in this market.
Key players in the Global Smart Textiles Market for Military: BAE Systems, Mide Technology, Ohmatex, Royal Ten Cate and W. L. Gore & Associates
Other Prominent Vendors in the market are: Advanced Fabric Technology, BeBop Sensors, Directa Plus, Dupont, Intelligent Textiles, Outlast Technologies and Smartex
Key Regions
- Americas
- APAC
- EMEA
Market Driver
- Demand for Military Performance-enhancing Smart Textiles
- For a full, detailed list, view our report
Market Challenge
- Economical and Industrial Challenges
- For a full, detailed list, view our report
Market Trend
- Growing Use of Nanotechnology in Smart Textiles
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57 pages, "Global Smart Textiles Market for Military 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-smart-textiles-market-military-2015-2019
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