Global Conductive Textile Market is expected to grow at 16.3% CAGR during the review period.
The growing demand for conductive textiles in healthcare, sports, consumer electronics, and military & defense applications is likely to drive the market growth at a significant rate during the review period. However, the high costs associated with the finished products are likely to affect market growth.
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By Fabric Type: The Conductive Textile Market can primarily be categorized into nylon, cotton, polyester, and others.
Nylon— Nylon is one of the commonly used synthetic fiber in making fabrics. It possesses superior properties, including durability, elasticity, and resistance to heat, water, & abrasions.
Cotton— Cotton fabric is the most popular and highly produced fabric. Cotton fabric is being used in a wide array of applications owing to its superior properties, such as softness, high tensile strength, and excellent breathability.
Polyester— The polyester fabric segment accounted for the largest share of the global Conductive Textile Market in 2019. It is widely used in sportswear and jacket owing to its shrinkage resistance and high strength properties.
By Product Type: The global Conductive Textile Market has been segmented into woven textile, non-woven textile, and knitted textile.
Woven Textile— The woven segment accounted for the largest share of the global Conductive Textile Market in 2019 and is likely to grow at a significant CAGR during the review period. Woven conductive fabric is made by weaving. The metals such as silver, nickel, and copper are being used in various combinations to make woven conductive fabrics. Woven conductive fabrics find application in EMI/RFI gaskets and garments, curtains, pouches, and passive static eliminators, among others.
Non-Woven Textile—The non-woven conductive fabrics are made using long bonded fibers. This fabric can also be laminated with coatings for corrosion protection and enhanced EMI shielding effectiveness. Non-woven conductive fabrics are more durable compared to other types of fabrics.
Knitted Textile— Knitted conductive fabrics possess superior stretchable properties and are resistant to change once the fabric gets stretched and thus is used as a stretch sensor. Knitted fabrics are being widely used in smart wear.
By End-Use Industry: The global Conductive Textile Market has been segmented into military & defense, healthcare, sports & fitness, consumer electronics, and others.
Military & Defense— The military & defense segment accounted for the largest share of the global Conductive Textile Market in 2019 and is expected to register significant CAGR during the review period. The growing demand for durable and protective clothes is driving the demand for conductive textiles in this segment.
Healthcare— The demand for conductive textiles in the healthcare segment is likely to grow at a significant rate in the coming years to monitor health. It helps detect chronic diseases such as diabetes, cardiovascular, and respiratory ailments.
Sports & Fitness— Increasing health consciousness among the consumers has resulted in increased spending on sports and fitness activities, which is likely to drive the segment growth at a significant rate.
Consumer Electronics— Conductive textiles are being increasingly used in consumer electronics such as smartwatches, multimedia players, and augmented headset, among others, owing to their superior properties.
By Region: The global Conductive Textile Market has been segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Asia-Pacific: The market in Asia-Pacific accounted for the largest market share in 2019 and is expected to grow at a notable CAGR during the review period on account of the growth of the end-use industries.
North America: The established presence of the military & defense and healthcare industries is likely to drive the growth of the North American Conductive Textile Market.
Europe: The expanding healthcare industry, coupled with expanding geriatric population is likely to drive the market growth in the region.
Latin America and Middle East & Africa: Latin America and the Middle East & Africa markets are likely to register considerable growth during the review period.
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