Market Research Report

Smart Textiles for the Military Market

Smart Textiles for the Military Market Research Report: Size, Share, Trend Analysis Type (Passive smart textiles, Active smart textiles, Ultra smart textiles), Application (Energy Harvest, Protection and Mobility, Health Monitoring) and By Region (Asia Pacific, Americas, Europe, Middle East and Africa) - Growth Outlook & Industry Forecast To 2023

Vertical: AnDBase Year: 20179 Sections

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Executive Summary

Smart Textiles for the Military Market — Snapshot

  • Market Size (2017)

    $672.40M

  • Projected (2023)

    $1.77B

  • CAGR (2017–2023)

    17.5%

  • Key Players

    10+

The demand for smart textiles has increased in military applications as they provide protection and functionality that enhance the performance of military personnel. The demand for lightweight textiles for military clothing and protective shelters has led to a rise in the use of smart textiles. These textiles enhance camouflage, reduce clothing weight, and improve the overall ballistic protection.

The global smart textiles for the military market is expected to register a 17.56% CAGR during the forecast period of 2018 to 2023. In 2017, the market was led by Americas with a 35.54% share, followed by Asia-Pacific and Europe with shares of 28.77% and 23.29%, respectively. The growth of the global Smart Textiles for the Military market can be attributed to the increased need for improved military performance, integration of high-performance miniaturized electronic systems, and rising demand for lightweight textiles.

The global smart textiles for the military market has been segmented based on type, application, and region. On the basis of type, the passive smart textiles market segment accounted for the largest share with 43.30% in the global smart textiles for the military market, in 2017. On the basis of application, the energy harvest market segment accounted for the largest share with 54.0% in the global smart textiles for the military market, in 2017.

Key Insight

The Smart Textiles for the Military Market market is projected to grow at a CAGR of 17.5% from 2017 to 2023.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 4 regions: Asia Pacific, Americas, Europe, Middle East and Africa.
  • Market Segmentation: The market is analyzed across 3 segments: Passive smart textiles, Active smart textiles, Ultra smart textiles. Forecasts are provided for each segment from 2017 to 2023.
  • Competitive Landscape: 10 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Smart Textiles for the Military Market

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