DUBLIN, September 23, 2021 – ( COMMERCIAL THREAD )–The “Conductive Textiles Market – Growth, Trends, Impact of COVID-19 and Forecast (2021 – 2026)” report was added to ResearchAndMarkets.com offer.

The conductive textiles market is expected to grow at a CAGR of around 4% globally during the forecast period.

Companies mentioned

Key market trends

Growing demand from the defense and military sectors, healthcare

• Conductive textile materials are primarily used in smart fabric applications, especially those that monitor bodily functions. They are widely used in intelligent textile applications such as sensors, communication, heated textiles and electrostatic discharge clothing.

• Electrically conductive materials are needed in sensors, actuators, and heating panels used in smart fabrics, and the most suitable materials are highly conductive metals such as copper, silver, and steel.

• These smart fabrics made from smart textiles find major application in the defense, military and healthcare industries. In the healthcare industry, these conductive textiles made from smart fabrics are mainly used for patient monitoring and communicating patient conditions, as they can detect, acquire and transmit physiological signals by portable fitness and medical devices. .

• In the defense and military sectors, they find many applications for ensuring durability, safety and protection in hostile environments and also for incorporating high-tech devices and materials into uniforms.

• In 2019, eight hospitals, including Emory Healthcare, Kaiser Permanente and a few others announced, began construction and expansion of facilities in the United States with a budget of $ 1 billion and more, increasing the application of intelligent fabrics in patient follow-up, thus increasing the application of conductive textiles.

• Growing healthcare, defense, military and other sectors in China, UK, US, India, Japan and other countries play a major role in this market.

The Asia-Pacific region will dominate the market

The story continues

• The Asia-Pacific region is expected to dominate the conductive textiles market during the forecast period (2020-2025). In countries like China, India and Japan due to the increasing application of smart fabrics in different industries, the demand for conductive textiles has increased in the region.

• The largest producers of conductive textiles are located in the Asia-Pacific region. Some of the leading companies in the production of conductive textiles are TORAY INDUSTRIES, INC, Arrow Technical Textiles Private Limited, HYOSUNG, Bekaert.

• In 2019, China set its defense spending 7.5% higher than a year ago, or about 1.19 trillion yuan or $ 177.61 billion, increasing the application of leads in smart fabrics as part of technological progress.

• In India, the defense budget increased by 6.87% from 2.98 lakh crore INR in fiscal year FY’18-19 to 3.18 crore lakh in fiscal year FY ‘ 19-20.

• Besides the healthcare, defense and military sectors, these conductive textiles are used in industries for static applications and also to prevent electromagnetic interference.

• The aforementioned factors coupled with government support are contributing to the growing demand of the conductive textiles market during the forecast period (2020-2025).

Main topics covered:

1. INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Increase in applications in Smart Fabrics

4.1.2 Growing demand from the defense and military sectors, health

4.2 Constraints

4.2.1 High price bar of conductive textile products

4.2.2 Other restrictions

4.3 Industry Value Chain Analysis

4.4 Porter’s five forces analysis

5 MARKET SEGMENTATION

5.1 Type of fabric

5.2 Technology

5.3 End-user industry

5.4 Geography

6 COMPETITIVE LANDSCAPE

6.1 Mergers and acquisitions, joint ventures, collaborations and agreements

6.2 Market share analysis / ranking

6.3 Strategies adopted by the main actors

6.4 Company profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Development of more sustainable conductive textiles

7.1.1 Other opportunities

For more information on this report, visit https://www.researchandmarkets.com/r/9yuo1l

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210923005487/en/

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