Press release
Conductive Textiles Market: Growing Demand in Industrialization Across Global and Dominated by Top Competitors like (Toray Industries Inc., Laird PLC, Seiren Co. Ltd., Bekaert, MarKTek Inc., Coatex Industrie) Forecast 2024
Global Conductive Textiles Market
Global Conductive Textiles Market- Industry Trends and Forecast to 2025” new report to its research database. The report spread No of Pages: 350 No of Figures: 60 No of Tables: 220 in it
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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.
Different factors such as expanding episodes of immune system issue, expanding government assistance, enhancing administrative structure, expanding computerization of research centers and rising subsidizing and repayment are persistently adding to the development of the Global Conductive Textiles Market.
Major Market Competitors:
Some of the major players in conductive textiles market include
• 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
Market Definition: Global Conductive Textiles Market
A conductive textile is a fabric made from metal strands woven, coated or blended during the construction of the textile. Some of the conductive metals used in this textile include gold, silver, carbon, titanium and nickel. The base fabric materials include cotton, nylon, polyester and wool. There is a growing demand for conductive textile in military & defense, healthcare, sports & fitness and consumer electronics activity, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
• Increasing awareness for conductive textiles
• Growing demand from military and healthcare sector
• Research and development funding
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Market Segmentation: Global Conductive Textiles Market
• The conductive textiles market is segmented on the basis of fabric type into cotton, nylon, polyester and wool.
• On the basis of type, the market is segmented woven conductive textiles, non-woven conductive textiles, and knitted conductive textiles.
• On the basis of application, the market is segmented into military & defense, healthcare, sports & fitness, consumer electronics and others.
• 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, Europe, Asia-Pacific and 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.
Competitive Landscape: Global Conductive Textiles Market
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.
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