Conductive Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Conductive Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The global conductive textiles market is experiencing significant growth, with increasing demand across various sectors.Global conductive textile sales are expected to experience substantial growth, projected to increase from $2.42 billion in 2024 to $5.04 billion by 2031, at a CAGR of 11.10%. Conductive textiles, which can conduct electricity, are being used extensively in applications such as smart textiles, e-textiles, military uniforms, and medical devices. These textiles are made either by depositing conductive materials onto non-conductive textiles or by using conductive fibers.

Conductive textiles are becoming more popular due to their properties such as low weight, flexibility, high strength, durability, heat insulation, and elasticity. They are particularly useful for EMI shielding, static dissipation, and signal & power transfer in low resistance versions. The rising awareness about the superior functionality and application of conductive textiles is acting as a catalyst fueling their adoption and sales.

The healthcare sector is also witnessing a rising popularity of conductive textiles. These textiles are used in various medical devices, including heart rate monitoring systems. They are integral to smart fitness products, helping to monitor heart rate, blood pressure, and other vital parameters. This growing demand in the healthcare and sports & fitness sectors is expected to drive market growth.

Conductive textiles are becoming essential in the development of interactive electronic textiles used for communication, healthcare, safety, protective clothing, and wearable electronics. The adoption of these textiles in smart textile applications, such as sensors, heating textiles, and electrostatic discharge clothing, is on the rise.

The market for conductive textiles is driven by their increasing applications across various sectors. The military and defense sector, in particular, is a significant end-user due to the various features of conductive textiles. The consumer electronics sector is another major driver, with the growing popularity of smart wearables creating growth opportunities for manufacturers.

Country-wise Insights:

United States Market

The United States is a major market for conductive textiles, with significant demand in the military and defense sectors. The country has one of the leading military sectors globally, with substantial defense spending. Conductive textiles are used in a wide range of military applications, including uniforms and other equipment, to enhance soldier safety and performance.

China Market

China is expected to maintain its dominant position in the global conductive textiles industry. The country’s booming consumer electronics sector and the increasing popularity of smart wearables are driving demand. Conductive textiles are crucial components in numerous smart electronic devices, allowing for the development of small, thin, light, and reliable products.

South Korea Market

The conductive textiles industry in South Korea is experiencing growth, driven by the rising popularity of smart wearables and high adoption across consumer electronics, automotive, defense, and healthcare sectors. These textiles are used in wearable devices and automotive parts for biological measurements and EMS applications.

Category-wise Insights:

Type of Conductive Textile

Among the different types of conductive textiles, woven conductive textiles remain the most popular. They offer high-standard performance in terms of shielding and conductivity, making them suitable for various applications.

End-use Sector

The defense sector is anticipated to remain the leading end-use sector for conductive textiles. The rising usage of conductive wearables for monitoring battlefield conditions and tracking soldier health is expected to boost demand. Conductive textiles provide extra durability, safety, and protection in hostile environments, making them ideal for military applications. They are also used in military parachutes and other advanced equipment.

Competitive Analysis:

Leading manufacturers of conductive textiles include Aiq Smart Clothing Inc., Coatex Industries, Emei (HK) Electronics Ltd., HITEK Electronic Materials Ltd, Holland Shielding Systems BV, Jarden Applied Materials, Laird PLC, Marktek Inc, NV Bekaert SA, and Parker Chomerics. These companies are investing heavily in research and development to introduce innovative products. They are also increasing production capacity to meet growing demand and undergoing mergers and acquisitions to maintain their market positions.

Recent Developments:
• In May 2023, Seiko Epson Corporation invested in AI Silk Corporation, a startup developing high-performance conductive textiles.
• In May 2022, Parker Chomerics launched new solutions to protect drones from overheating and electromagnetic interference.
• In 2022, Burlan Manufacturing unveiled new conductive narrow fabric at the IFAI Expo in Charlotte.

Key Companies Profiled:
• Aiq Smart Clothing Inc.
• Coatex Industries
• Emei (HK) Electronics Ltd.
• HITEK Electronic Materials Ltd
• Holland Shielding Systems BV
• Jarden Applied Materials
• Laird PLC
• Marktek Inc
• NV Bekaert SA
• Parker Chomerics

Global Conductive Textiles Market Segmentation:

By Textile:
• Woven
• Non-Woven
• Knitted

By End-use:
• Defense
• Sports
• Consumer Electronics
• Healthcare
• Others

By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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