DUBLIN--(BUSINESS WIRE)--The "Global Smart Fabrics for Transportation Market - Segmented by Components, Materials, Application, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global smart fabrics for transportation market was valued at USD 265.16 million in 2017, and is expected to reach a value of USD 692.06 billion by 2023, at a CAGR of 14.14%, during the forecast period 2018-2023.
The advancements in the Nano technology and micro-fabrication technologies have enabled miniaturization process, which makes smart sensors cost-effective, driving the future of the smart fabrics market. The 3D printing production processes and Nano materials developed by Nano Dimension have the potential to resolve this challenge and help to create an efficient production technology for smart textiles.
Mobility management comprises of all the systems that allow drivers to reach their destination safe and quickly, with optimal fuel consumption by deploying smart fabrics into the vehicle, which can enhance the vehicle's features. Through these smart fabric-sensing systems on interior cabins, vehicles can access real-time traffic information through their onboard navigation systems and re-route automatically, to avoid traffic jams.
Technological penetration and increasing demand from end-user segments, such as aerospace, automobiles, shipping, and railways are driving the growth of the North American smart fabrics for transportation market. Major players in this region have launched efficient and highly advanced products, to deliver prevailing services. The emergence of information technology and increased usage of IoT in automotive applications has added a new dimension in the manner of conducting business operations in this region.
Companies Mentioned
- AIQ Smart Clothing Inc.
- E. I. Du Pont De Nemours and Company
- Google Inc.
- Texas Instruments
- Kolon Glotech Inc.
- Interactive Wear AG
- Ohmatex
- Schoeller Textil AG .
- Sensoria Inc
- Textronics Inc.
- Infineon Technologies
- Intelligent Clothing
- BodiTrak LLC
- BeBop Sensors
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Snapshot
6. Global Smart Fabrics for Transportation Market Breakdown by Components
7. Global Smart Fabrics for Transportation Market Breakdown by Materials
8. Global Smart Fabrics for Transportation Market Breakdown by Application
9. Global Smart Fabrics for Transportation Market Breakdown by End-user Industry
10. Global Smart Fabrics for Transportation Market Breakdown by geography
11. Global Smart Fabrics for Transportation Market - Company Profiles
12. Investment Analysis
13. Future Outlook of Smart Fabrics for Transportation Market
For more information about this report visit https://www.researchandmarkets.com/research/rn9bvh/global_smart?w=4
