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Conductive Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Conductive Textiles Industry: Forecasts to 2022

  • September 2017
  • 170 pages
  • ID: 5143306
In this report:
The North America conductive textiles market’s valuation is expected to rise from US$##.## mn to US$## mn over the 2017-2022 forecast period.
Geographically, North America is likely to remain the dominant force in the global conductive textiles market, with the market expected to exhibit a solid ##.##% CAGR over the 2017-2022 forecast period.

Summary

Table of Contents

Global Conductive Textile Market: Summary

The overall conductive textile market is analyzed in detail in the additional report from Transparency Market Research. The industry report affords business insights on the increase of the market during 2012-2016, offering forecasts for the period 2017-2022.

The conductive textile market lies at the crossroads of the textile and electronics industry and has emerged as a vital sector in new years in widespread applications. The diverse application segments of the overall conductive textile market are examined in the study and the market's performance in different regional segments is also examined in order to offer a integrated perspective on the growth trajectory of the market.

Global Conductive Textile Market: Dynamics

The main drivers and market restraints affecting the trajectory of the overall conductive textiles market are examined in the analysis. Due to the involvement of two industry sectors, the overall conductive textiles market witnesses a complicated growth trajectory affected by a number of factors.

The diversity of applications of conductive textiles is the main driver for the overall conductive textiles market, as it is likely to ensure steady growth of the market in the next years. The growing use of electronic sensors for a variety of applications is likely to drive the industry demand from the conductive textiles market, as the utility provided by electronic sensors in accurately measuring several markers in real time has propelled their adoption in a number of sectors.

The increasing use of biomarker monitors in the healthcare industry and the personal fitness sector is likely to remain a top driver for the overall conductive textiles market in the next years. The growing awareness among different population demographics about health and fitness has driven the adoption of biomarker monitoring devices including heart rate monitors and step counters, aided by the increasing disposable income of urban consumers, at whom these products are primarily aimed.

Smartphone integration has also aided the adoption of healthcare monitoring devices, as recording and tracking data has been made easier by the innovation. The role of conductive textiles in this endeavor is likely to rise at a tremendous pace in the next years.

Growing expenditure on military modernization is likely to result in considerable investment in the conductive textiles sector. Modern militaries utilize electronics extensively, leading to conductive textiles becoming highly useful for them in various applications. Conductive textiles are likely to be used in personal clothing as well as different other technical applications in the military and defense sector in the next years, leading to steady growth in demand.

Global Conductive Textile Market: Segmentation

Leading end users in the conductive textiles market include the military and defense sector, healthcare, sports and fitness, consumer electronics, and other relatively minor end users including the automotive industry, the aviation sector, and architecture. Nevertheless, automotive applications of conductive textiles could rise in the next years due to the increasing demand for incorporation of driver monitoring sensors, which could lead to the use of conductive textiles in car seats.

Geographically, North America continent is likely to remain the dominant force in the overall conductive textiles market, with the industry anticipated to exhibit a solid 5.50 percent Compound annual growth rate over the 2017-2022 forecast period. The North America conductive textiles market's valuation is forecast to rise from US$340.3 mn to US$445 mn over the 2017-2022 forecast period. Europe (EU) is also likely to be a leading consumer of conductive textiles over the outlook period, with the sector anticipated to rise to a valuation of US$340.6 mn by 2022.

Global Conductive Textile Market: Competitive Dynamics

The main companies decribed in the market research contain Eeonyx Corporation, Laird, PLC, Seiren Co. Ltd, Metal Textiles Corporation, Parker Hannifin Corporation, Toray Industries, Incorporated, Swift Textile Metallizing, LLC, and 3M.

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