Smart Textiles For Military Market 2018 by Segmentation, Transforming Technology, Future Plans, Scope, Stake, Progress, Trends and Forecast up to 2021
Market Research Future Published a Cooked Research “Global Smart Textiles for Military Market Research Report – Forecast to 2021” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2021
Pune, India – May 2, 2018 /MarketersMedia/ —
Smart Textiles For Military Market -Overview:
The global Smart Textiles for Military market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Smart Textiles for Military will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2017 -2023).
The global smart textile market size will have a strong growth across all major end-use sectors. Smart textiles senses and acts to various environmental conditions, such as mechanical, chemical, magnetic, thermal, electrical, or others factors. They need to sense and respond to external conditions in a premeditated way. Textile parts which can react in a different ways than a normal fabric, can mostly perform a special function certainly known as smart textiles. These are the next generation fabrics have electronic components equipped in them, for use in numerous applications such as sensing, energy harvesting, luminescence and aesthetics, and thermos electricity. The smart textile market has grown drastically in the past few years because of its growing military market. It is expected the market will hold strong growth over the next decade. The consolidation of sensors, actuators, and control units into military fabrics could aid the soldiers in achieving different levels of performance and proficiency in the field.
Indian Army, the second largest market in the world needs modular bullet proof jackets, and is open for tenders for next forecasted period. This provide a great market opportunity for military textile vendor to explore and manufacture in house products for soldiers.
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Major Key Players
BAE Systems (England),
Mide Technology (U.S.),
Ohmatex (Denmark),
Royal Ten Cate(Netherlands),
W. L. Gore & Associates(U.S.),
BeBop Sensors (U.S.),
Directa Plus (Italy),
DuPont (U.S.),
TenCate (U.S.) and Outlast Technologies(U.S.) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global smart textiles for military market.
The Global Smart Textiles For Military Market is expected to grow at a CAGR of around 11% during 2016-2021.
Industry/ Innovation/ Related News:
October, 2017:- Monarch Aircraft Engineering Limited (MAEL) had a contract with the China Airlines to perform line maintenance on its aircraft.
June, 2013 – Burlington Industries LLC, a division of International Textile Group (ITG), has two contracts with the Defence Logistics Agency (DGA), to carry out fabrics for use in the newly upgraded military uniforms of the U.S. Army.
Smart Textiles for Military Market – Segmentation
The global smart textiles for military market are segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product type: Passive Smart, Active Smart, Ultra-Smart.
Segmentation by End Use: Energy Harvest, Radar, Protection & Mobility, Healing, Sensing, & Thermal Luminescence.
Segmentation by Regions: North America, Europe, Asia-Pacific, Middle East & Africa and South America.
Smart Textiles for Military Market: Regional Analysis
The aircraft propeller system market has been segmented into North America, Asia Pacific, the Middle East & Africa, Europe and South America. North America is expected to be one of the largest markets for aircraft propeller system. The aircraft propeller system market across the globe is expected to rise at a significant pace during the forecast period due to rise in demand for lightweight and fuel-efficient aircraft from the Middle East, Asia Pacific, and Africa.
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Target Audience
• Military Textiles OEMs
• System/Equipment Suppliers
• Government Bodies
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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