Conductive Textiles Market Listed to Grow by 15.6% (CAGR), Military & Defense Sector is Key Factor Driving Growth by 2021

The global conductive textiles market was valued at USD 1.02 billion in 2016 and is projected to reach USD 2.11 billion by 2021, at a CAGR of 15.6% from 2016 to 2021.

A conductive textile is a fabric which can conduct electricity. Conductive textiles can be made with metal strands woven into the construction of the textile. There is also an interest in semiconducting textiles, made by impregnating normal textiles with carbon- or metal-based powders.

Growth of the smart fabrics market, increasing awareness of the advantages of conductive textiles across varied end-use industries, and high demand for conductive textiles from the military & defense sector are key factors driving the growth of this market. High cost of finished products affecting the pricing structure acts as a key restraint to the growth of the global conductive textiles market.

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Network: The global conductive textiles market research provides a comprehensive review of market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by varied market players, such as Parker Chomerics (U.S.), Toray Industries, Inc. (Japan), Laird PLC (U.K.), Seiren Co., Ltd. (Japan), and Bekaert (Belgium), among others.

Key Target Audience:

• Conductive Textiles Manufacturers
• Conductive Textiles Traders, Suppliers, and Distributors
• Government and Research Organizations
• Associations and Industrial Bodies
• Raw Material Suppliers and Distributors
• Industry Associations

The woven textile segment accounted for the largest share of the global conductive textiles market in 2015. This large share is mainly attributed to the properties of woven textiles that make it a preferred material for various end-use industries, such as military & defense, healthcare, and sports & fitness.

Scope of the report: This research report categorizes the global conductive textiles market based on fabric type, type, end user, and region, forecasting revenues as well as analyzing trends in each of the submarkets.

On the basis of Fabric Type:

• Cotton
• Nylon
• Polyester
• Wool

On the basis of Type:

• Woven Textile
• Non-Woven Textile
• Knitted Textile

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On the basis of End User:

• Military & Defense
• Healthcare
• Sports & Fitness
• Consumer Electronics
• Others
o Aviation
o Automotive
o Architecture

On the basis of Region:
• Asia-Pacific
• North America
• Europe
• Middle East & Africa
• South America

The military & defense segment is the largest end user segment of the global conductive textiles market. Textile-based materials equipped with nanotechnology and electronics play a key role in the development of technologically-advanced military uniforms. There is a high demand for conductive textiles from the military & defense end user segment, as soldiers require protection against extreme weather conditions, such as heat, cold, wind, and rain; ballistic impact; and nuclear, biological, and chemical threats. Additionally, these textiles also find applications in parachutes, safety harnesses, ropes, and tenting.

Among all regions, Europe is anticipated to lead the global conductive textiles market. The growth of the European conductive textiles market is mainly driven by technological advancements in wearable technologies. The conductive textiles market in the Asia-Pacific region is expected to grow at the highest CAGR from 2016 to 2021.

Profile break-up of primary participants for the report:
 By Company Type: Tier 2 – 65% and Tier 3 – 35%
 By Designation: C Level – 30%, D Level – 15%, and Others – 55%
 By Region: Asia-Pacific – 35%, Europe – 30%, North America – 25%, Middle East & Africa- 5%, and South America – 5%

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Some List of Tables & Figures:

Table 1 Conductive Textile Market Snapshot
Table 2 Conductive Textiles Market, By Type
Table 3 Conductive Textiles Market, By End User
Table 4 Conductive Textile Market, By Fabric Type
Table 5 Conductive Textiles Market: Cost Structure Analysis
Table 6 Comparison of Properties of Natural and Synthetic Fibers
Table 7 Conductive Textiles Market, By Type, 2014–2021 (USD Million)
Figure 1 Conductive Textiles Market Segmentation
Figure 2 Conductive Textiles Market, Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Global Conductive Textiles Market: Data Triangulation..Continued.

This study answers several questions for the stakeholders, primarily the market segments which they need to focus upon during the next two to five years, so that they may prioritize their efforts and investments accordingly.

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