Global Conductive Textiles Market Size By Fabric Type (Cotton, Nylon), By Type (Woven Conductive Textiles, Non-Woven Conductive Textiles), By End User (Military And Defense, Healthcare), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Conductive Textiles Market Size By Fabric Type (Cotton, Nylon), By Type (Woven Conductive Textiles, Non-Woven Conductive Textiles), By End User (Military And Defense, Healthcare), By Geographic Scope And Forecast
Conductive Textiles Market Size And Forecast
Conductive Textiles Market size was valued at USD 2.02 Billion in 2021 and is projected to reach USD 7.77 Billion by 2030, growing at a CAGR of 21.24% from 2023 to 2030.
Major factors driving the market growth include increasing demand for high-tech smart wearables from various end-use industries, including sports and fitness, military, and healthcare. Also, textiles facilitate data and power transmission in the medical and healthcare sectors are some of the factors which will drive the market growth of the conductive textiles market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Conductive Textiles Market Definition
Conductive fabrics are fabrics that can conduct electricity. Conductive textiles consist of conductive threads that are electrically conductive thanks to metallic threads or metallic coatings woven into the fabric. Also evaluated are semi-conductive textiles that combine traditional textiles with carbon or metal-based powders.
Conductive fibers are non-conductive or poorly conductive substrates coated or embedded with conductive elements. The most common are carbon, nickel, copper, gold, silver, titanium, or PEDOT. Metals can be chemically deposited with electroless chemistry, printed with conductive nanoparticle inks, or physically deposited with physical vapor deposition processes. Cotton, polyester, nylon, and stainless steel are common materials, as are high-performance fibers such as aramid and his PBO. Conductive fibers are sold by weight or length or AWG measurements.
Conductive fabrics and textiles can be used as components for static dissipation, EMI shielding, signal, and power transmission in low- and high-resistant versions. The flexibility and ability to use conductive fibers in existing weaving and wire machines make them superior to solid or stranded metal wires (woven, knitted, braided, etc.). It has excellent heat stability and dimensional stability, and high thread strength. Conductive fibers are often woven, knitted, sewn, cut, and braided. Flexibility, lightweight, and versatility make this a great advantage for manufacturers using conductive fibers.
Global Conductive Textiles Market Overview
With increased consumer awareness regarding health consciousness, increasing disposable incomes in developing countries, and a desire to adopt the latest fitness and healthcare methods, there is an increasing demand for simple yet technologically advanced products. Demand is very high. Also, growing awareness of the robust capabilities and applications of conductive fabrics may lead to the widespread acceptance of these textiles and related products.
Moreover, the growing awareness of the superior functionality and applications of conductive fibers has led to increased acceptance of the fibers and related products in various end-use industries, including the military and defense sectors, which is expected to boost the market growth rate. In addition, conductive textiles are flexible, durable, light, and robust. As a result, the increased demand for innovative fabrics will fuel the global conductive fabric market. Also, the ease of recycling these textiles is expected to spur industry growth.
On the other hand, fabric care is a big challenge for the market. On the other hand, the high cost of finished products may hinder acceptance in emerging markets. Manufacturing costs of conductive fibers due to extensive research and development activities may hamper industry growth. Additionally, the manufacturing process to incorporate electronics into clothing is costly, driving up overall prices and slowing market growth. In addition, developing conductive fabrics with graphene inks and the increasing use of conductive textiles in wearable fitness and medical devices presents great opportunities for the conductive textile market.
Global Conductive Textiles MarketSegmentation Analysis
The Global Conductive Textiles Market is Segmented on the basis of Fabric Type, Type, End User, And Geography.
Conductive Textiles Market, By Fabric Type
- Cotton
- Nylon
- Polyester
- Wool
On the basis of Fabric Type, the market is bifurcated into Cotton, Nylon, Polyester, and Wool. The polymer conductive textiles segment holds a large share of the market because often used because they are strong, resistant to most chemicals, and shrink less than cotton. Estimated to promote the growth of cotton is light and comfortable to wear, making it suitable for making conductive fibers. When infused onto cotton fabric, graphene-based inks tend to make conductive wearables without toxic substances, making them environmentally friendly.
Conductive Textiles Market, By Type
- Woven Conductive Textiles
- Non-Woven Conductive Textiles
- Knitted Conductive Textiles
On the basis of Type, the market is bifurcated into Woven Conductive Textiles, Non-Woven Conductive Textiles, and Knitted Conductive Textiles. The woven conductive textiles segment holds a large share of the market because often used because of the flexibility and durability of woven textiles, making them a preferred type of textile across various end-use industries. Also, textiles offer high-standard performance in terms of conductivity and shielding and are preferred by manufacturers across the globe.
Conductive Textiles Market, By End User
- Military & Defense
- Healthcare
- Sports & Fitness
- Consumer Electronics
- Other End Users
On the basis of End Users, the market is bifurcated into Defense & Military, Healthcare, Sports & Fitness, Consumer Electronics, and Other End Users. The Military and defense segment holds a large number of share the market because the use of conductive wearables, which can monitor the battlefield, track the health of soldiers, and support communications and temperature monitoring, is increasing. Rising Military Spending in Emerging Countries, China, India, and Mexico are expected to be key factors driving the consumption of conductive fabrics in the military and defense industries. Moreover, global political uncertainty coupled with the advent of advanced technology is expected to increase the demand for products used in military and defense applications.
Conductive Textiles Market Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Based on Regional Analysis, the Global Conductive Textiles Market is segmented into North America, Europe, Asia Pacific, Rest of the World. Europe holds a large market share because of its highly developed infrastructure, technology, automotive heritage, and workforce. Germany alone has the highest market share across Europe due to its advanced infrastructure and technology, automotive heritage, and highly skilled workforce. On the other hand, Asia Pacific is the fastest growing region because of the raised public awareness of using conductive wearables and the transition to health awareness. In addition, factors such as population growth, improving economic conditions, and prosperity in the manufacturing sector are expected to impact industry growth positively.
Key Players
The “Global Conductive Textiles Market” study report will provide valuable insight with an emphasis on the global market including some of The major players in the market are Parker Chomerics, Toray Industries Inc., Laird PLC., Seiren Co. Ltd., Bekaert, Hitek Electronic Materials Ltd., Emei Group, Sheildex Trading, Inc., AiQ Smart Clothing, Holland Shielding System, and Others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Conductive Textiles market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in the global Conductive Textiles market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Parker Chomerics, Toray Industries Inc., Laird PLC., Seiren Co. Ltd., Bekaert, Hitek Electronic Materials Ltd., Emei Group, Sheildex Trading, Inc. |
SEGMENTS COVERED | By Fabric Type, By Type, By End User, And By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |