Conductive Textiles Market is Projected to Grow at a CAGR of 10.8% By 2027 | Reports and Data
Reports and Data estimates the global Conductive Textiles competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Conductive Textiles during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Parker Chomerics, Toray Industries Inc, Laird PLC, Seiren Co. Ltd., Bekaert, Holland Shielding Systems B.V, Shieldex, 3M, Emei (HK) Electronics Ltd. and Metaline
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Conductive Textiles Overview :-
These products are also used in the healthcare sector for monitoring health conditions of patients. Adding to these, conductive textiles can be recycled easily. Smart fabrics are now used in defense sector for aiding armymen in long and critical operations by offering them lightweight technically advanced garments. Conductive textiles are now used in medical devices and the increase in usage of conductive textiles using grapheme pinks would provide a huge boost to the market under study. These textiles are integrated with antibacterial silver nanoparticles and electro spun grapheme fibers in order to gather energy from the environment, regulate body temperature and control muscle vibration. All these factors are expected to fuel the market’s growth during the forecast period.
Manufacturing of conductive textiles require extensive research and development which increases the cost of production. The manufacturing practices which are utilized in producing other types of textiles are incapable of producing this variant of textile. Thus the cost involved in the manufacturing process increase leading to high prices of such products. The process of integrating electronic devices with garments is quite cost intensive. Thus major players of the industry are trying to come up with advanced production technologies in order to make the prices of the products affordable to middle class consumers.
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For the purpose of this report Reports and Data has segmented global Conductive Textiles market on the basis of type, application, and region:
Fabric Type Outlook (Revenue, USD Billion; 2020-2027)
Type Outlook (Revenue, USD Billion; 2020-2027)
- Woven Conductive Textiles
- Non-Woven Conductive Textiles
- Knitted Conductive Textiles
Application Outlook (Revenue, USD Billion; 2020-2027)
- Military & Defense
- Sports & Fitness
- Consumer Electronics
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Conductive Textiles during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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