Europe Smart Textile Market By Function (Sensing, Energy Harvesting, Thermoelectricity, Luminescent Functions), Industry (Military & Defense, Healthcare, Sports & Fitness, Entertainment, Automotive) By Country, Industry Analysis and Forecast, 2016 - 2022

Report Id: KBV-1896 Publication Date: May-2017 Number of Pages: 60

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Analysis of Market Size & Trends

The Europe Smart Textile Market would witness market growth of 25.3% CAGR during the forecast period (2016-2022). Factors that drive the market are an integration of smart textiles & wearables, use of nanotechnology in textiles, applications in smartphones, wearables in the healthcare sector, and application in the military, defense & sports sector etc. Growing efforts in the research and development activities in the smart textile market and the growing demand in emerging economies have significantly contributed to the market opportunities Smart textiles are fabrics manufactured with technologies imbibed to provide superior functionality to the wearer.

The smart textiles have the capability to sense and react to stimuli or external conditions such as from thermal, mechanical, chemical, magnetic, and other sources. The demand for various smart textile products has significantly increased as there has been a renewed interest for such textile from industries such as military and defense and healthcare.

Based on Industry, the market is segmented into Military & Defense, Healthcare, Sports & Fitness, Entertainment, Automotive, and Others. Based on Function, the market is segmented into Sensing, Energy Harvesting, Thermoelectricity, Luminescent and Others. Based on country, Smart Textile market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany and UK are the major countries in the Europe Smart Textile market. France and Russia would witness promising CAGR during the forecast period (2016-2022).

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The report covers the analysis of key stake holders of the Smart Textile market. Key companies profiled in the report include E.I Du Pont De Nemours and Company, Google Inc., Adidas AG, AIQ Smart Clothing Inc., Clothing Plus Ltd., Interactive Wear AG, Outlast Technologies LLC and Scholler Textil AG.