Market Share of Smart Fabrics For Transportation Industry
In the competitive transportation market, smart fabric solutions have gained prominence, with numerous vendors operating domestically and internationally. The market exhibits a moderate level of concentration, but it is gradually moving towards a more fragmented state. Leading industry players employ key strategies centered around product design and innovation. Notable market participants include Kolon Glotech Inc., AIQ Smart Clothing Inc., and Interactive Wear AG, among others.
In February 2023, ThermoSiv introduced a cutting-edge smart fabric that sets a new standard in environmental efficiency. This innovative fabric emits heat in an eco-friendly manner, enabling clients in diverse sectors, including automotive and agritech, to conserve energy, enhance the user experience, and reduce costs. What sets ThermoSiv's fabric apart is its ability to precisely target and radiate heat to nearby objects, such as individuals or plants, thus ensuring their warmth without unnecessarily warming the surrounding air. The smart fabric from ThermoSiv is particularly beneficial for the automotive industry.
Smart Fabrics For Transportation Market Leaders
AIQ Smart Clothing Inc.
Kolon Glotech Inc.
Interactive Wear AG
Schoeller Textil AG
Ohmatex
*Disclaimer: Major Players sorted in no particular order
