London, 06 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the Smart Textile Market in the US 2015-2019, which is estimated to post a CAGR of 18.32% during the forecast period of 2014-2019.
“Research and emerging technologies are expected to improve the integration of this technology with textiles,” says Faisal Ghaus, Vice President of Technavio.
“Garments enabled with BLE technology can be used for sensing and monitoring, along with many other applications, by connecting to the internet.”
Key Market Drivers
- Growing Demand from the US Military
- Increase in Demand for Telehealth Services
- Miniaturization of Electronic Materials
- Growth in Healthcare Sector
Key Market Trends
- Need for Lightweight and Flexible Fabric
- Increased Incorporation of BLE Technology
- Growing Use of Nanotechnology in Smart Textiles
- Demand for Conductive Fabric Electrodes
Key Market Vendors
- DuPont
- Texas Instruments
- TE Connectivity
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
