TechNavio recognizes the following companies as the key players in the Global Smart Fabrics in Interactive Textiles Market: Fibretronic Ltd., Intelligent Clothing Ltd., Interactive Wear AG, Milliken & Company Inc., Outlast Technologies Inc., Schoeller Textil AG, Sensatex Inc., Textronics Inc., and Toray Industries Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The increase in technological advancements has led to an increase in the usage of various SFITs. For instance, athletes are increasingly using SFITs with physiological monitoring and motion supervision support to assess the effectiveness of their training programs and improve their performance. This has led to increased consumption of SFITs in sportswear. Another example is the development of technologically advanced bodysuits worn by cycling teams designed to reduce air drag. Thus, the incorporation of modern technologies into SFITs is expected to positively influence the growth of the Global SFIT market.”
According to the report, one of the main drivers of this market is the advancements in textile materials and structures. Manufacturers of textile products are increasingly aware of the long-term cost and performance advantages of SFITs compared with traditional textiles. This has led to increased advancements in the fabrication methods of SFITs.
Further, the report states that one of the major challenges faced by this market is the slow rate of adoption of SFITs in various end-user applications. The market is heavily influenced by the high price of the products, which leads to less spending on SFITs by consumers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-smart-fabrics-interactive-textile…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Smart Fabrics in Interactive Textiles Market 2012-2016
