Global Smart Textiles Market to Gain Rising Spending in Defense Sector by Emerging Economies

Published Date : Dec 26, 2016

ALBANY, NY, Dec 26, 2016: The report is titled “Global Smart Textiles Market For Military 2016-2020” and is available for sale on the company website. It provides holistic overview of the global smart textile market covering the growth drivers and restraints influencing its trajectory between 2016 and 2020. It also profiles some of the leading players operating therein, to help readers gauge the impact of various strategies adopted by these companies on the overall market.

The recent developments in the global smart textile market for military will enable it register a CAGR of nearly 10% between 2016 and 2020. The increasing demand for supportive and performance-enhancing garments in defense and military has led to the induction of smart textiles in the industry. With governments around the world focusing to equip their soldiers with the latest ammunitions and military clothing to enhance soldiers’ performance, the demand for smart textile in the military sector is expected to increase at a rapid pace. The market is also expected to gain from the growing inclination towards optimizing camouflage.

Smart textiles used in the military sector not only protect the soldier from visual and infrared light but also difficult weather conditions, thus ensuring he carries out his tasks without much difficulty.   In addition consecutive technological developments in this field have provided added functionalities to smart textiles thereby enhancing their sale in the military sector. In addition smart textile used in military are integrated with adaptive insulation features. These enhance warmth in military clothing, blankets, and sleeping bags.

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Regionally, the global smart textiles market is dominated by the Americas. The region exhibits demand for sophisticated security measures. Due to the recent threats for militant groups and sporadic incidents of illegal infiltrations, the demand for sophisticated security measures in the Americas is more than ever. Such concerns have compelled nations such as Canada, Mexico, the U.S. and other Latin American nations increase their focus on offering the best ammunitions and wearables to their soldiers, which is expected to boost the smart textiles market in the Americas in the near future. Furthermore, the market is expected to gain considerably from the rising demand for protective clothing for the troops across nations with high defense spending.

Besides gauging the growth drivers and restraints influencing the market’s trajectory over the course of the forecast period, the report also profiles some of the leading companies operating therein. For instance, W.L Gore & Associates, Midé Technology, Ohmatext, TenCate, and BAE Systems are identified as the key vendors operating in the global smart textile market for military. The report also profiles companies such as Intelligent Textiles, BeBop Sensors, Directa Plus, Outlast Technologies, Advanced Fabric Technologies, and DuPont.

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