Global Smart and Interactive Textiles Market Is Expected to Reach Usd 3.82billion in 2020

Transparency Market Research

Smart and Interactive Textiles Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020

Published Date 16-July-2014

92 Page Report

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Global Smart and Interactive Textiles Market is Expected to Reach USD 3.82 Billion in 2020 : Transparency Market Research

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Smart And Interactive Textiles Market

REPORT DESCRIPTION

Smart and Interactive Textiles Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 According to a new report published by Transparency Market Research "Smart and Interactive Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” the global demand for smart and interactive textiles was valued at USD 1.53 billion in 2013 and is expected to reach USD 3.82 billion in 2020, growing at a CAGR of 14.0% from 2014 to 2020. Browse the full report at http://www.transparencymarketresearch.com/smart-fabrics-and-interactive-textilesmarket.html Rising demand for smart and interactive textiles from the transportation industry is likely to be one of the major factors for the growth of the market. Furthermore, growth in medical and healthcare industries is anticipated to lead to higher demand for smart textiles during the forecast period. However, market growth is likely to be sluggish due to high prices of finished products of smart textiles as compared to conventional textiles. Rising number of research and development activities for product and technological innovation is expected to provide new opportunities for market growth.

Browse press Release Of This Report:http://www.transparencymarketresearch.com/pressrelease/smart-fabrics-and-interactivetextiles-market.htm With over 38% share, the...