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A new report available from Research and Markets, “Smart Textiles for Military Market Report by Type, Application, End User, and Region 2024-2032,” shows that the global smart textiles for military market size reached $890.4 million in 2023. The market is projected to reach $2,535.5 million by 2032, showing a growth rate (CAGR) of 12.33 percent during the period.
The growing concerns regarding national security and the augmenting demand for efficient textiles that can provide critical capabilities in the field while ensuring soldier safety represent some of the key factors driving the market.
Smart textiles for military are specialty fabrics that incorporate electronic components and technology that provides additional functionalities to soldiers via integrated electronic components, such as sensors, microphones and cameras. These fabrics or materials are characterized by durability, flexibility and light weight, and may have additional features, such as communication capabilities and protection against external agents.
The global market is primarily driven by the augmenting demand for efficient textiles that can provide critical capabilities in the field while ensuring soldier safety. This can be attributed to the rising need for advanced military technologies addressing soldier health and wellness. In line with this, the increasing adoption of lightweight and flexible smart textiles that support soldier performance and comfort.
Growing concerns regarding national security are driving continual upgrades in military gear, which results in increased product demand. Technological developments in th manufacturing of fabrics, including conductive textiles and nanotechnology, are also acting as a significant growth-inducing factor for the market. Growth in investments from government agencies and defense organizations representing several countries is also impacting the market positively. The Asia-Pacific region was the largest market for smart textiles for military.
ResearchAndMarkets.com is a source for international market research reports and market data.