12 months ago Business and Career
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. The global smart textiles for military market size reached US$ 890.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,535.5 Million by 2032, exhibiting a growth rate (CAGR) of 11.96% during 2024-2032.