Global Smart Textiles For Military Market by End Use (Energy Harvest, Radar, Protection & Mobility, Healing, Sensing, and Thermal Luminescence) and by Geography - Forecast To 2021
Pune, India -- (SBWIRE) -- 05/22/2017 -- Smart Textiles for Military Global Market – Synopsis & Scenario
The Global Smart Textiles for Military Market is expected to grow at a CAGR of around 11% during 2016-2021. The key factors driving the growth are growing need for lightweight textile for military to enhance performance and miniaturization of electronic materials.
As per the MRFR analysis, factors restraining the market growth are regulatory issues, resource scarcity, and other industrial challenges to meet unmet needs.
Smart Textiles for Military Global Market – Key Players
The global smart textiles market for the military sector is highly competitive and fragmented with the existence of a numerous vendors offering similar products and services locally or at international or regional level. Influenced by the established players of the market, a large number of non-military OEMs are also trying to embark upon supplying military grade smart textiles; however, it would take years of experience and expertise before they master to serve the military tender. To ensure their longevity in the market, the key players of the global market of Smart Textiles for Military are focusing upon the upward trends of particular geographical circumstances.
Comprised in MRFR analysis some of the key players in the Global Smart Textiles for Military Market are:
- BAE Systems
- Mide Technology
- Royal Ten Cate
- W. L. Gore & Associates
- Advanced Fabric Technology
- BeBop Sensors
- Directa Plus
- Intelligent Textiles
- Outlast Technologies
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Smart Textiles for Military Global Market – Report Segments
For an enhanced understanding and convenience of the report, the global market of Smart Textiles for Military, has been segmented in to 2 key dynamics.
Segmentation by End Use: Comprises - Energy Harvest, Radar, Protection & Mobility, Healing, Sensing, and Thermal Luminescence
Segmentation by Region: Comprising – Geographical Regions eg. North America, Europe, Asia-Pacific & RoW
Smart Textiles for Military Global Market – Overview
According to a recent study report published by the Market Research Future, the global smart textiles market in the military sector is estimated to grow at a CAGR of 11% during 2017 to 2021. The rapid induction of smart textiles in the military sector is attributed by the increasing demand for supportive and performance-enhancing clothing.
It is very essential for the military or defense sectors across the world, to have the soldiers equipped with the latest firearms and micro electronic materials embedded in lightweight, sophisticated military clothing that enhances soldiers' performance during battle or war operations. Now, governments across the world are fully convinced and emphasize upon camouflage optimization of their military personnel which has augmented the use of camouflage textiles in the military sectors. While allowing the soldiers to carry out their operations smoothly; these textiles safeguard the army personnel from visual and infrared light as well as heat and sweat.
Smart Textiles for Military Market is advancing rapidly with constant technological innovations that have led to an added range of functionalities and capabilities to smart textiles used in the military sector. Today, integrated with adaptive insulation property smart textiles output intensified warmth in fabrics used in military sectors such as military clothing, sleeping bags, and blankets. Manufacturers are also striving to develop smart textiles that have the potential for physical location monitoring and energy harvesting, enlightens us the MRFR research analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 103 pages.
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Smart Textiles for Military Market – Regional and Country Analysis
As per the MRFR analysis, the Americas region will continue its dominance in the forecast period valuing in millions of USD with a CAGR of 9%.
By providing innovative and efficient solutions at reasonable prices in comparison with other suppliers; the APAC region has managed relatively a higher growth at a CAGR of 13%
EMEA will grow at a CAGR of 10% during the forecast period.
o Military Textiles OEMs
o System/Equipment Suppliers
o Government Bodies
o Potential Investors
o Key executive (CEO and COO) and strategy growth manager
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