Global Conductive Textiles Market was valued at US$ 1.26 Bn in 2019 and is expected to reach US$ 3.89 Bn by 2027, at a CAGR of 15.13% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Conductive Textiles Market
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Global Conductive Textiles Market Dynamics:
The growing awareness about textile is the factor driving the conductive textile market. The global conductive textile market will grow at a high rate because of its increasing request from the military & defense sectors. Another factor that contributes to the market development is the expansion in the smart fabrics market which has an increased request for conductive textiles. High cost is the factor involved in order to produce the finished product that will act as a major limitation for the global conductive textile market. Providing quality products at an affordable prices will be a challenge for conductive textile manufacturers. Maintaining these textile is difficult, which is another factor that will hamper the development of the market.
Global Conductive Textiles Market Segment Analysis:
Based on the End User segment, the military & defense segment is the largest end-user segment of the global conductive textile market. Textile-based materials prepared with nanotechnology and electronics play a key role in the development of technologically-advanced armed uniforms. There is a high request for conductive textiles from the military & defense end-user segment, as soldiers require protection against extreme weather conditions, like heat, cold, wind, and rain; ballistic impact, and nuclear, biological, and chemical threats. Furthermore, these textiles also find applications in parachutes, safety harnesses, ropes, and tenting.
On the basis of the type segment, the woven textile segment accounted for the largest share of the global conductive textiles market. This large share is mainly credited to the properties of woven textiles that make it a preferred material for various end-use industries, like military & defense, healthcare, and sports & fitness.
Global Conductive Textiles Market Regional Insights:
In terms of region, Europe is estimated to be the leading region in the global conductive textiles market during the forecast period. The development of the European conductive textiles market is mainly driven by technological advancements in wearable technologies. The global conductive textiles market in the Asia-Pacific region is estimated to grow at the highest CAGR during the forecast period. This development is primarily attributed to the high request for conductive textiles from the sports & fitness and healthcare sectors in the Asia-Pacific region.
The objective of the report is to present a comprehensive assessment of the market and contain insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Global Conductive Textiles Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by Fabric Type, price, financial position, Fabric Type portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Conductive Textiles Market.
Global Conductive Textiles Market, Key Highlights:
• Global Conductive Textiles Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Conductive Textiles Market
• Global Conductive Textiles Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Conductive Textiles Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Conductive Textiles Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Conductive Textiles Market are also profiled.
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Global Conductive Textiles Market, By Fabric Type
Global Conductive Textiles Market, By Type
• Woven Conductive Textiles
• Non-Woven Conductive Textiles
• Knitted Conductive Textiles
Global Conductive Textiles Market, By End User
• Military & Defense
• Sports & Fitness
• Consumer Electronics
• Other End Users
Global Conductive Textiles Market, By Region
• North America
• South America
• Middle East & Africa
Key Players Operating in the Global Conductive Textiles Market :
• Toray Industries Inc.
• Laird PLC
• Seiren Co. Ltd.
• 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 Company
• V Techinical Textiles Inc
• Temas Engineering
• Metal Textiles
• Tibtech Innovations
• KGS Diamond
• New Cut
• Wujiang City Yuzhen Textile Co. Ltd.
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