Improving Functional Value of Smart Fabrics Supported by Advancements in Material Science and Fiber Technologies to Spur Growth in the Global Smart Fabrics Market
Rapid pace of advancements in material science and fiber technologies, and development of miniaturized electronics are poised to drive the global Smart Fabrics market to reach US$8.3 billion by 2024 . Expanding applications of smart fabrics specifically in sports & fitness, military, fashion and home health monitoring are also expected to stimulate market growth. The integration of science and advanced technology into fabrics and textiles has led to the emergence of a new range of clothing and textiles, termed smart fabrics. Also referred to as smart clothing, intelligent clothing, smart textiles and e-textiles, smart fabrics are embedded with digital and electronic components such as actuators, sensors, microcontrollers, and data processors that can read and respond, allowing the smart fabric to sense and react to environmental conditions and external stimuli from thermal, mechanical, chemical, magnetic or electrical sources. Though a relatively nascent technology, smart...