At 15.8% CAGR, Global Conductive Textile Market Size & Share to Surpass US$ 12.5 Bn By 2028, Forecast Report By Facts and Factors
According to Facts and Factors, the global conductive textile market size was valued USD 2.01 billion in 2021 and is expected to increase to USD 12.5 billion by 2028 at a CAGR of 15.8%.
Blended, coated, or woven metal strands create conductive textiles. Textiles produce conductors like titanium, gold, silver, carbon, and nickel. Cotton, nylon, wool, and polyester make fabric. Different sectors use conductive fabrics because they conduct electricity.
Future vehicles will wear more textiles due to the need for more fuel-efficient and lighter vehicles, the increased use of passive safety devices, rising disposable incomes in all emerging economies, and the adoption of solid safety norms by populous and growing countries.
Industry Growth Factor
Wearables and consumer electronics production dropped worldwide in the first quarter of the epidemic. Major aerospace, electronics, and automobile production facilities were suspended, causing product supply delays.
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Supply chain concerns, transportation restrictions, and logistics disruptions caused many barriers for conductive fabric manufacturers. Military and healthcare spending has created prospects for the conductive textile sector.
✎ 𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝗰𝗹𝘂𝗱𝗲 📋
3M, Eeonyx Corp, Laird Connectivity, Seiren Agency, Emei Group, V Technical Textiles, Inc., Temas Engineering JSC, Metal Textiles Corporation, KGS DIAMOND, New Cut, Wujiang City Fuhua Textiles Co., Ltd, Holland Shielding Systems B.V., Swift Textile Metalizing LLC, an Integrated Polymer Solutions Company, and Bekaert.
The global conductive textile market is segmented as follows:
By Fabric
- Cotton
- Nylon
By Product
- Woven Conductive Textiles
- Non-Woven Conductive Textiles
- Knitted Conductive Textiles
By Industry Vertical
- Military and Defense
- Healthcare
- Consumer Electronics
- Sports and Fitness
- Others
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Regional Insight by FnF Research
Europe may lead the worldwide conductive textile market in the future. Wearable technologies, strong R&D spending, and market innovation are responsible for this high growth. Another region with rising demand for conductive textiles is North America.
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