Conductive Textile Market Size To Grow With Augmented Awareness Of Benefits
Market Overview
The global Conductive Textile Market is projected to register over 16.3% CAGR to reach around USD 5.4 Billion by the end of the current forecast period in 2027. Conductive textiles can be defined as fabrics that are coated or blended with conductive metals, including some elements like titanium, nickel, and copper. The fabric used in conductive textiles is nylon, cotton, and others like polyester. Conductive fabrics offer both electrical properties that render reliable advantages and softness of the fabric.
Conductive fabrics are used in numerous applications and include verticals like conductive threads, fabric sheets, aerospace textiles, and metal mesh. The conductive fabrics are widely used to control electromagnetic interference (EMI) shielding and static dissipation. The rapid growth of the global conductive textiles market size is primarily driven by the increasing applications in the healthcare, sports, and others like the military & defense industries. The growing popularity of wearable devices to monitor the health and wellness of people is likely to be the key factor fuelling the demand for conductive textiles.
The rapidly growing end-use industries in the developing countries of regions like the Asia-Pacific are expected to create lucrative opportunities for the players operating in the conductive textile market.
Market Segmentation
The conductive textile market has been segmented to meet the rising needs of the global target audience that are mentioned as follows:
By Fabric Type
● Nylon
● Polyester
● Others
By Product Type
● Woven Textile
● Non-Woven Textile
● Knitted Textile
By End-Use Industry
● Military & Defense
● Healthcare
● Sports & Fitness
● Consumer Electronics
● Others
By Region
● Asia-Pacific
● North America
● Europe
● Latin America and Middle East & Africa
Regional Analysis
The Asian-Pacific market accounted for the largest market share in 2019 and is expected to grow at a significant CAGR during the review period on expanding healthcare and military & defense industries during the ongoing forecast period ending in 2027. The Chinese region had accounted for the largest share of the conductive textile market in the region. Additionally, the strong presence of the consumer electronics market in the Chinese region and India is likely to drive market growth. The growth of the North American region as a part of the conductive textile market is mainly driven by the established presence of military & defense, healthcare, and consumer electronics industries. The European market has regions that play a significant role in the market growth and is expected to be driven by increased investment in R&D in the healthcare industry for technological advancements coupled with expanding senior population.
Some contributing players of the market that are helping in the global conductive textile market expansion are as follows:
● Toray Industries, Inc (Japan)
● AiQ Smart Clothing (Taiwan)
● Laird PLC (UK)
● Swift Textile Metalizing LLC (US)
● Bekaert (Belgium)
● Hitek Electronic Materials Ltd (UK)
● Shieldex (US)
● Seiren Co., Ltd (Japan)
● Holland Shielding Systems BV (Netherlands)
● Coatex Industries (India)
● Arville (UK)
Industry News
In November 2021, a producer of conductive energy textiles and advanced antimicrobial systems, Noble Biomaterials, has announced that the company’s Circuitex fabric and foam technologies are confirmed to reflect high-frequency energy waves just like those suspected in Havana Syndrome attacks and generated by directed-energy weapons (DEW).
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