Smart Textile Market - Military and Defense Sector for Smart Textiles Is Expected to Expand at Nearly 30% CAGR
The rapid pace of technological advancements and phenomenal developments in biosensors, nanotechnology, textile technologies, miniaturized electronics, and new materials have been impacting the global smart textile market in positive ways. The global smart textiles market is also gaining popularity due to the benefits they offer over conventional materials. Growing interest of industries such as automotive, fashion, sports, and medical devices in improving their line of products is projected to offer the global smart textile market new avenues for growth.
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