Smart Textiles

Bold predictions for the future of textiles

‘The words “smart textiles” have generated much discussion in the industry and the media recently. India-based market research firm Markets and Markets has estimated the value of this high-tech textile sector to be about $4.7 billion by 2020. Given that the smart textile industry was estimated to be less than $1 billion in 2014, the anticipated growth is phenomenal: a cumulative annual growth rate of 30 percent’.

*Read full article here via IFAI Defining smart textiles and their standards

 

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