Global Smart Textile Market to Exhibit 30.8% Cagr During 2015-2023 Due to Growing Applications of Nanotechnology

Transparency Market
Research
Smart Textile Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023

Published Date
04-Jan-2016

134 Page Report

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Press Release

Global Smart Textile Market to Exhibit 30.8% CAGR during
2015-2023 due to Growing Applications of Nanotechnology :
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Smart Textile Market

REPORT DESCRIPTION
Smart Textile Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
According to a recent market research report published by Transparency Market Research, the global smart
textiles market is anticipated to take a leap at a CAGR of 30.8% during the period between 2015 and 2023.
The report, titled “Smart Textile Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023,” projects the global smart textiles market to stand at a valuation of US$7,730 mn by
2023. The overall market was worth US$700 mn in 2014.
Browse the full Smart Textile Market by function (energy harvesting, sensing, thermoelectricity,
luminescent and others), and by application (Health care, military and defense, entertainment,
automotive, sports and fitness and others) - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023 report at http://www.transparencymarketresearch.com/smart-textile-market.html
Smart textile is integrated with electronic components and is widely used for various applications across health
monitoring, health management, actuation and response, and communication. Smart textiles consist of
components such as actuators, control units, sensors, and others. These textiles help to regulate body
temperature, control muscle vibrations, and protect from environmental hazards such as radiation.
The growing usage of nanotechnology in producing fabrics with...