Global Conductive Textile Market – Opportunities, Size & Growth Projections

Increasing demand from the sport & fitness sector is expected to drive the Global Conductive Textiles market in the forecast period 2024-2028. According to TechSci Research report, “Conductive Textile Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, the Global Conductive Textile market is anticipated to upsurge at an impressive rate in the forecast period 2024-2028. 

The Important Elements of the Global Conductive Textiles Market 

A significant factor fueling the growth of the Global Conductive Textile Market is the increasing use of conductive textiles in the military and defense sectors. Conductive textiles provide resilience, protection, and safety in challenging circumstances, as well as incorporate cutting-edge equipment and materials into uniforms. Moreover, conductive textiles are used in war areas as they help in monitoring the position of the enemy along with their use in communication and monitoring the temperature of the soldier. Conductive textiles are also used in the automotive sector used as seat heaters, airbags, and other safety devices which will further fuel the growth of the Global Conductive Textiles market.

For instance, in 2020, AiQ Smart Clothing provided the solution for flexibility, lightweight, shielding, and highly electrically conductive textiles that can be installed in satellites, space stations, and many more.

Furthermore, the market is being further stimulated by the extensive use of conductive textiles in the healthcare, construction, and sport & fitness sectors.

However, the high production costs can slow down market growth. Also, less stability and maintenance issues can further slow down the market growth.

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Global Conductive Textile Market is segmented based on product, fabric, application, and region.

Based on products, the market is segmented into woven, knitted, and others. Knitted will experience the highest market share during the forecast period, 2024-2028. Knitted textiles are lightweight and possess properties including highly resistant to solar and ultraviolet radiation.

Based on fabric, the market is fabricated into cotton, nylon, polyester, and wool. Polyester will experience the highest market share during the forecast period 2024-2028, due to its exclusive properties such as high strength, stretch and shrinkage resistance, and chemical resistance.

Based on application, the market is categorized into military & defense, healthcare, sport & fitness, and others. The Military & Defense segment will experience the highest market share during the forecast period 2024-2028. This is due to the rise in demand for performance-enhancing garments.

Major companies operating in the Global Conductive Textiles Market are:

• Statex Produktions- und Vertriebs GmbH
• Toray Industries, Inc.
• Holland Shielding Systems BV
• HeiQ Materials AG
• Qingdao Hengtong X-Silver Speciality Textiles Co. Ltd.
• Seiren Co., Ltd.
• Herculite Inc.
• AiQ Smart Clothing
• Marktek, Inc.
• Swift Textile Metalizing LLC.

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“Europe region is expected to grow at the highest rate during the forecast period due to modern infrastructure and technology, availability of large automobile industry and highly qualified labor. Additionally, the growing medical industry along with advanced technology, and rising demand from consumers for smart fabric wearables creates lucrative opportunities for market growth. Furthermore, in Asia Pacific, the use of conductive textiles in wearables and transitioning trend help the health-conscious consumers, increasing investment in the R&D sector to bring new technology create huge prospects of market growth during the forecast period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Conductive Textile Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Woven, Knitted, Others), By Fabric (Cotton, Nylon, Polyester, Wool), By Application (Military & Defense, Healthcare, Sport & Fitness, Others), By Region and Competition, has evaluated the future growth potential of Global Conductive Textile Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Conductive Textile Market.”

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