Global Conductive Textiles Market By Fabric Type (Cotton, Nylon, Polyester, Wool), By Type (Woven Conductive Textiles, Non-Woven Conductive Textiles, Knitted Conductive Textiles) By Application (Military & Defense, Healthcare, Sports & Fitness, Consumer Electronics, others) – Industry Trends and Forecast to 2024
Global Conductive Textiles Market accounted for USD 1.10 billion in 2016 and is projected to grow at a CAGR of 15.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors:
Toray Industries Inc., Laird PLC, Seiren Co. Ltd., Bekaert, Hitek Electronic Materials Ltd., Emei Group, Sheildex Trading, Inc., AiQ Smart Clothing, Holland Shielding System, MarKTek Inc., Coatex Industries, Swift Textile Metalizing LLC, Jarden Applied Materials, HFC Shielding, 3M, Eeonyx, V Techinical Textiles Inc, Temas Engineering, Metal Textiles, Tibtech Innovations, KGS Diamond, Wujiang City Yuzhen Textile Co.
Ltd. and many more.
On the basis fabric type the market is segmented into
On the basis of type, the market is segmented into
- Woven conductive textiles
- Non-woven conductive textiles
- Knitted conductive textiles
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On the basis of application, the market is segmented into
- Military & Defence
- Sports & Fitness
- Consumer Electronics
On the basis of geography, the conductive textiles market report covers data points for 28 countries across multiple geographies such as
- North America
- South America
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
The global conductive textiles market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major market drivers and restraints:
- Increasing awareness for conductive textiles
- Growing demand from military and healthcare sector
- Research and development funding
- High cost of production
- Incompatibility of manufacturing practices
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