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Global smart fabrics and interactive textiles market to reach $1.8 billion by 2015, according to new report by Global Industry Analysts, Inc.

from PRWeb via San Francisco Chronicle

The market for smart fabric and interactive textile technologies, although in embryonic stages, is poised for tremendous growth. Despite slow adoption rates in several markets, demand for SFIT technology is expected to escalate driven by emergence of advanced products and new application areas with significant potential. Years of refining technology innovation have helped smart fabrics progress steadily towards achieving successful commercialization in key end-use industries, such as, biomedical and consumer electronics. more

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