Conductive Textile Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH2143 | Last Updated On: Jan 16 2023 | Available Formats

> Global Conductive Textile Market Expected to reach a high CAGR of 16.3% By 2029: DataM Intelligence

Global Conductive Textile Market is segmented By Textile Type (Knitted Conductive Textiles, Woven Conductive Textiles, Non-Woven Conductive Textiles), By Fabric Type (Polyester, Nylon, Wool, Cotton, Others), By End User (Military & Defense, Healthcare, Consumer Electronics, Sports & Fitness, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Global Conductive Textile Market is expected to grow at a CAGR of 16.3% during the forecasting period (2022-2029).

Conductive Textile Market Scope

Metrics

Details

Market CAGR

16.3%

Segments Covered

By Textile Type , By Fabric Type, By End User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Conductive textiles are textiles made from materials that are able to conduct electricity. They find their application in various smart textiles for instance the textiles which monitor body functions. Other major applications include sensors, heating textiles, communication, and electrostatic discharge clothing. Increasing awareness of conductive textiles is a driving factor for Conductive Textile Market growth. Their increasing applications in everyday life and their awareness is going to drive the Conductive Textile Market in the forecast period.

Conductive Textile Marke Dynamics

Demand from the military & defense sector

The smart textile finds its application in military uniforms and can significantly help troops in operations. The textiles can power sensors, collect data on the wearer from the environment, and transmit that data back to headquarters for analysis and gathering information about the locality. The fibers could also be sensors to dangers like chemical weapons attacks—and mark the wearer's location for the rest of the team. With the advancement in its technology and its increasing application, the market is expected to grow because of this driver in the forecast period. In a June 2021 article by Audacy Inc., it was mentioned that researchers at the Army’s Institute for Soldier Nanotechnologies at the MIT had developed the first fiber with capabilities like sensing, storing, analyzing, and inferring activity when placed into a piece of clothing. According to an Army Laboratory personnel, the development could revolutionize soldier uniforms.

The military and defense sectors occupy a major of the conductive textiles market, especially as electronic sensors are extensively used in modern military outfits. The growing need for performance-enhancing and supportive garments has led to the rapid induction of smart conductive textiles in the military sector. Governments around the globe are concentrating on providing their soldiers with the latest firearms that include refined military clothing.

Increasing awareness of Conductive Textiles

Research done by the Alec Russo Balti University in Moldova, Europe concluded that for the textile industry, the potential of combining the textile technology domain with the information technology one is ever expanding as it offers new features to apparel products, including both the normal and professional ones. Smart clothes will certainly become the rule and not the exception in everyday life. Starting with medical products, going through the range of protective clothing, and ending with interior design objects, it can be said that the future has many applications for smart textile products. Over the years, smart textiles materials were a subject of preoccupation for researchers from different countries. In the future, there is the intention to investigate the behavior of these e-textiles in various experimental conditions.  

However, the high price of finished products is the key restraint hampering the growth of the Conductive Textile Market.

Conductive Textile Market Segment Analysis

The market can be segmented based on the end-user into military & defense, healthcare, consumer electronics, sports & fitness, and others. Others are again divided into automotive, architecture, and, aerospace.

The healthcare segment of smart textiles has a significant share in the market because of its great potential in the field of biomedical engineering. According to IEEE (Institute of Electrical and Electronics Engineers), in the field of biomedical signal monitoring, wearable electronics, which includes smart textiles, is a growing area having a significant impact on the market of commercial products of biomedical signal monitoring and acquisition, and in consumer electronics for vital functions monitoring. Since the electrodes are perceived as one of the most important parts of biomedical signal monitoring, they have been one of the most frequent subjects in the research community. Smart textile has a modern trend among wearable electronics, which combines functional materials with general clothing with the same function and effect as devices like sensors, antennas, energy harvesters, and advanced textiles for self-cooling and heating. 

Conductive Textile Market Geographical Analysis

The Asia Pacific conductive textile market size was worth USD YY million in 2020 and is estimated to reach USD YY million by 2028, at a CAGR of YY% during the forecast period. Asia Pacific is expected to grow with a CAGR rate in the forecast period due to the rising population in China, Japan, South Korea, and India and the growing awareness about the uses and functionality of conductive textiles in these countries. Universities and researchers are working with a few collaborations to produce conductive textiles. For instance, researchers at the Cambridge Graphene Centre (CGC) at the University of Cambridge, working in collaboration with scientists at Jiangnan University, China, have devised a method for depositing graphene-based inks onto cotton to produce a conductive textile

Conductive Textile Companies and Competitive Analysis

The Conductive Textile market is competitive with various players in the market. Some of the major players include Swift Textile Metalizing, V Technical Textiles Inc., Wujiang City Yuzhen Textile Co. Ltd., Toray Industries, Tibtech Innovations, Holland Shielding Systems, Bekaert, Eeonyx, Seiren, and 3M.

One of the market strategies used by the companies includes acquisitions. For instance, Integrated Polymer Solutions (IPC) Inc. in June 2021 announced the acquisition of Swift Textile Metalizing LLC (STM) a designer and manufacturer of highly engineered metalized fabrics used in electromagnetic and radio frequency interference shielding applications.

New start-ups are also entering the market and launching new products. For instance, Nextiles, a textile start-up from USA, has the aim to create FitBit-like tech in the smart textiles field. In 2021, it launched a product called smart fabric — a machine-washable material having the structure of circuits. The company’s technology is to be first implemented in sportswear. The product captures data of athletes like force, velocity, and other metrics useful for them.

The global conductive textile report would provide access to an approx: 76 market data tables, 80 figures, and 200 pages.

Target Audience 2022

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Frequently Asked Questions

What is the Projected CAGR value of the Conductive Textile Market?

Conductive Textile Market is expected to grow at a CAGR of 16.3% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Conductive Textile Market during 2022-2029.

Which is the fastest growing region in the Conductive Textile Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

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