Dublin, April 14, 2021 (GLOBE NEWSWIRE) -- The "Smart Fabrics in Fashion and Entertainment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The smart fabrics in fashion and entertainment market is estimated to record a CAGR of 31.29% over the forecast period (2021-2026).
The smart fabrics market in the fashion and entertainment industry is primarily driven through innovation by designers to develop new and pleasing outfits, integrated with useful technical architecture, capable of transmitting information.
The ever-increasing use of electronic devices in our day-to-day life is driving the smart fabrics market. The ease of use of smart fabrics and the integration of electronic devices within textiles, makes it an integrated device to be used as a simple fabric, which is further contributing to the growth of the smart fabrics market.
For instance, a particular variety of smart fabric developed at the University of Washington is making way for jackets that can store invisible passcodes and open the door to the related apartment or office.
Moreover, rapid developments in the field of nanotechnology, polymer development, and low power consuming wireless sensors have transformed the landscape of the market.
The convergence of the internet of things, 3D printing, and nanotechnologies is creating enormous opportunities for the fashion and entertainment industry. With the increasing number of products integrating sensors to generate and respond to data and perform a range of various functions, the market is expected to grow further.
Key Market TrendsAdoption of Wearable Devices to Drive the Market Growth
North America Occupies the Largest Market Share
Competitive LandscapeThe smart fabrics in fashion and entertainment market is highly competitive, with the presence of many players. The market is mildly concentrated and the key strategy adopted by major players is product innovation. The major players in the market are AIQ Smart Clothing Inc., E L Du Pont De Nemours and Company, Outlast Technologies LLC, Schoeller Technologies AG, among others.
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Key Topics Covered: 1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Market Overview4.2 Introduction to Market Drivers and Restraints4.3 Market Drivers4.3.1 Miniaturization of Electronic Components Influencing the Growth of the Market4.3.2 Increasing Use of Wearable Electronics Fueling the Popularity of Smart Fabrics in Fashion and Entertainment4.3.3 Rapid Growth of Low-cost Smart Wireless Sensor Networks4.4 Market Restraints4.4.1 Very High Implementation Costs4.5 Value Chain Chain Analysis4.6 Industry Attractiveness - Porter's Five Forces Analysis4.6.1 Threat of New Entrants4.6.2 Bargaining Power of Buyers/Consumers4.6.3 Bargaining Power of Suppliers4.6.4 Threat of Substitute Products4.6.5 Intensity of Competitive Rivalry5 MARKET SEGMENTATION5.1 By Type of Product5.1.1 Passive Smart Textiles5.1.2 Active Smart Textiles5.1.3 Ultra Smart Textiles5.2 By Material5.2.1 Color Changing5.2.2 Light Emitting5.2.3 Temperature Changing5.2.4 Other Materials5.3 Geography5.3.1 North America5.3.2 Europe5.3.3 Asia-Pacific5.3.4 Latin America5.3.5 Middle East & Africa6 COMPETITIVE LANDSCAPE6.1 Company Profiles6.1.1 AIQ Smart Clothing Inc.6.1.2 E L Du Pont De Nemours and Company6.1.3 Clothing Plus Ltd6.1.4 Gentherm Incorporated6.1.5 Interactive Wear AG6.1.6 Outlast Technologies LLC6.1.7 Schoeller Technologies AG.6.1.8 Sensoria Inc.6.1.9 Textronics Inc.6.1.10 Intelligent Textiles Limited6.1.11 Bebop Sensors Inc.7 INVESTMENT ANALYSIS8 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit
