Press release from the issuing company
According to Stratistics MRC, the Global Conductive Textiles Market is accounted for $1.07 billion in 2017 and is expected to reach $4.65 billion by 2026 growing at a CAGR of 17.7% during the forecast period. Factors such as growing awareness of the advantages of conductive textiles, high demand from the military & defense sector and Increased health awareness among consumers are fuelling the market growth. However, high cost of finished products can affect adoption is hampering the market.
A conductive textile can be defined as a fabric which is made from the strands of metal that are woven, blended, or coated during the creation of the textile. Conductive metals such as silver, titanium, gold, nickel, and carbon are utilized by the textile. Conductive textiles inhabit the property that it can conduct electricity and thus is used in several applications by different end-use industries. The primary function of the conductive textile is controlling the static electricity and protecting from the electromagnetic interference.
Based on type, the woven textile segment has significant growth during the forecast period. Woven textiles are widely utilized by various end-use industries such as military & defense, healthcare, and sports & fitness. As these textiles offer high standard performance in shielding and conductivity, they are considered to be the preferred type of conductive textiles utilized across the globe, thereby boosting the growth of the woven textile segment.
By Geography, The conductive textile market in Asia Pacific is expected to grow at the significant market share during the forecast period. Factors such as the increasing urbanized population in China and India and the increasing awareness about the benefits and functionality of conductive textiles in these countries are expected to fuel the growth of conductive textiles market in the region.
Some of the key players in global conductive textiles market are Hitek Electronic Materials Ltd., 3M Company, Seiren Co. Ltd., Holland Shielding System, Toray Industries Inc., Emei Group, HFC Shielding, Sheildex Trading, Inc., Parker Chomerics, AiQ Smart Clothing, Bekaert, Swift Textile Metalizing LLC, Laird PLC, MarKTek Inc., Jarden Applied Materials and Coatex Industries.
Non-Woven Conductive Textiles
Knitted Conductive Textiles
Woven Conductive Textiles
Fabric Types Covered:
Other Fabric Types
End Users Covered:
Sports & Fitness
Military & Defense
Other End Users
o Rest of Europe
o New Zealand
o South Korea
o Rest of Asia Pacific
o Rest of South America
Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Visit More Information: https://www.trendsmarketresearch.com/report/sample/11466
© 2023 WhatTheyThink. All Rights Reserved.
Join the discussion Sign In or Become a Member, doing so is simple and free