San Francisco, 2 January 2019: The Report Conductive Textiles Market Analysis, By Fabric (Cotton, Nylon, Polyester and Wool), By
Type, By Region (North America, Europe, Asia Pacific, South & Central
America, MEA) And Segment Forecasts 2018 – 2025
The global conductive textiles market is expected to be valued at USD 4.29 billion by 2025,
according to a new report by Grand View Research, Inc. Rising awareness about
the high-tech wearables that can protect the wearer, enable health monitoring,
track the surrounding environment and provide protection from hazardous
pollutants in the environment are the factors propelling market growth.
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| Conductive Textiles Market |
The augmenting demand from healthcare as
well as military industries is proposed to accelerate the growth of the market.
Expanding uses of conductive wearables to track the battlefield, protect the
soldier from attacks and constantly monitor health are attracting conductive
textiles in military and medical industries.
The increasing public funded research and
development coupled with various other government incentives are projected to
accelerate the production and thereby demand for the market. Various EU funded
projects have drawn a number of manufacturers towards the market on account of
developing innovative products to stay competitive in the market.
Military and healthcare segments are
expected to collectively account for 56.6% of the global market in 2025. The
demand for these segments is attributed to smart and easy to carry wearables
that are flame, chemical, heat, moisture and perspiration resistant and enable
the wearer to track his heart rate, breathing and blood pressure. The
technological advancements in the products so as to enhance the conductivity
and performance of the garments is likely to fuel the demand for conductive
textiles over the forecast period.
North America is the leading region owing
to the early adoption and acceptance of conductive textiles from the consumers.
Extensive research and development carried out by leading manufacturers in
countries such as the U.S and Canada is anticipated to propel the market
growth. Technological advancements along with innovative product developments
in the region are proposed to augment the demand for the market. Countries like
Germany, U.K, China, India and Japan in the European and Asia Pacific regions
are also rapidly developing markets for conductive textiles.
Access Research Report of Conductive Textiles Market @ www.grandviewresearch.com/industry-analysis/conductive-textiles-market
Further key findings from the report suggest
· The market is expected to grow at a CAGR of
16.4% from 2017 to 2025 on account of increasing awareness and adoption of
conductive electronic based fabrics. Sports and fitness segment is expected to
witness fastest growth rate of 17.9%, in terms of revenue, from 2017 to 2025
owing to high product demand in developed as well as emerging countries.
· North America was valued at USD 472.9
million in 2016 and is expected to witness significant development on account
of rising demand from military as well as medical sectors.
· Key participants include Toray Industries,
3M, Bekaert, Laird PLC, Statex Productions, Seiren Co Ltd., Holland Shielding
Systems, Herculite, AIQ Smart Clothing and Wujiang City Yuzhen Textile Co. Ltd.
These companies are focused on extensive innovation and increasing their
production capacities to fulfill the worldwide massive product demand.
· In 2017, Toray signed a long term agreement
on high performance carbon fiber with Avio, a leading Italian aerospace company
as an expansion strategy.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
conductive textiles market on the basis of fabric, type and region:
Fabric Outlook (Revenue, USD Million; 2014
- 2025)
·
Cotton
·
Nylon
·
Polyester
·
Wool
Type Outlook (Revenue, USD Million; 2014 -
2025)
·
Woven
·
Non-woven
·
Knitted
Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
South & Central America
·
The Middle East and Africa
Access
Press Release of Conductive Textiles Market@
www.grandviewresearch.com/press-release/global-conductive-textiles-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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