Market Share of Smart Textiles For Military Industry
The smart textile for the military market is fragmented due to many players. Some prominent players in the market are BAE Systems plc, Texas Instruments Incorporated, TenCate Protective Fabrics, Dupont de Nemours Inc., and Schoeller Textil AG.
Players in the market collaborated with several universities and research organizations in Europe and North America to develop advanced smart textiles for global militaries. Moreover, companies are partnering with governments and armed forces to build customized products for their military personnel. The market is emerging, with a lot of scope for technological advancements. Since several countries realize the importance of smart textiles on the battlefield, significant R&D investments are anticipated from many countries, which may provide new opportunities for local players during the forecast period.
Military Smart Textiles Market Leaders
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TenCate Protective Fabrics
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Texas Instruments (TI)
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Schoeller Textil AG
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DuPont de Nemours, Inc.
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BAE Systems plc
*Disclaimer: Major Players sorted in no particular order