The global smart textiles market for military is set to grow at a CAGR of 10.35 per cent during the period 2014-2019, according to MarketResearchReports.com, a leading provider of market research reports and industry analysis on products, markets, companies, industries and countries worldwide.
The demand for smart textiles has increased in military applications as they provide protection and functionalities that enhance military performance. Miniaturization of electronic materials along with the advent of technology, have also led to the growth of the market, the report said.The global smart textiles market for military is set to grow at a CAGR of 10.35 per cent during the period 2014-2019, according to #
The report also states that the economic and industrial challenges associated with manufacturing smart textiles and the relatively high cost of smart textiles are hindering the growth of the market. Many electronic functionality in smart textiles are powered by batteries; the limitations of such power sources are posing a major challenge.
The report titled ‘Global Smart Textiles Market for Military 2015-2019’, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions.
Key players in the global smart textiles market for military are BAE Systems, Mide Technology, Ohmatex, Royal Ten Cate and W. L. Gore & Associates. (SH)
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