Global Conductive Textile Market Size Report & Industry Forecast to 2030

Coverage: Conductive Textiles Market covers analysis By Fabric Type (Nylon, Cotton, Polyester, Others); Product Type (Woven Textile, Non-Woven Textile, Knitted Textile); and End-Use Industry (Military and Defense, Healthcare, Sports and Fitness, Consumer Electronics, Others)

  • Report Code : TIPRE00016166
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
Buy Now

The conductive textiles market size is expected to grow from US$ 2362.74 million in 2022 to US$ 7348.82 million by 2030; it is estimated to record a CAGR of 15.2% from 2022 to 2030.

Market Insights and Analyst View:

Conductive textiles represent a groundbreaking fusion of traditional textiles and modern technology. These fabrics are woven or coated with conductive materials, such as metallic threads or conductive polymers, allowing them to carry electrical currents. The applications of conductive textiles are diverse and continually expanding. In the realm of wearable technology, these fabrics enable the creation of smart garments embedded with sensors and actuators. From fitness trackers to health monitoring devices, conductive textiles revolutionize the way we interact with our clothing. Moreover, in the field of medical textiles, these materials find utility in developing garments that monitor vital signs or deliver therapeutic treatments.

Beyond the realm of wearables, conductive textiles play a pivotal role in the design and development of electronic textiles (e-textiles). These textiles seamlessly integrate electronic components into the fabric, transforming them into interactive surfaces. This innovation has found its way into industries such as automotive, where conductive textiles are utilized in creating intelligent interiors with touch-sensitive panels and integrated lighting. Moreover, in the field of sports and outdoor gear, conductive textiles are integrated into fabrics to provide heating elements or enhance visibility through embedded LEDs. The versatility of conductive textiles extends to the realm of art and design, where they are employed to create interactive installations and avant-garde fashion pieces, hence boosting the conductive textiles market. Designers leverage the conductivity of these textiles to integrate light and sound elements directly into garments, pushing the boundaries of fashion and technology integration. This factor is significantly driving the global conductive textiles market growth.

 

Growth Drivers and Challenges:

Conductive textiles are a critical component of fertilizers, providing essential nutrients for plant growth. With the global population steadily increasing, the demand for food production is on the rise. To meet this demand and improve crop yields, the agricultural sector's reliance on conductive textiles as a fertilizer remains a prominent driving factor in the market. Conductive textiles are widely employed in water treatment processes to prevent the formation of scale and corrosion in pipes and boilers. Concerns about water quality and the need for efficient water treatment systems continue to grow as urbanization and industrial activities increase, bolstering the demand for conductive textiles in this sector. However, the development of alternative technologies and products that can replace or reduce the reliance on conductive textiles is a significant restraining factor. For example, precision agriculture techniques, such as controlled-release fertilizers and soil testing, can optimize nutrient use, reducing the need for traditional phosphate-based fertilizers. Controlled-release fertilizers are designed to release nutrients slowly and steadily to crops over an extended period. By doing so, they align nutrient delivery more closely with plant needs, reducing wastage and minimizing the risk of nutrient leaching into the environment.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Conductive Textiles Market: Strategic Insights

conductive-textile-market
Market Size Value inUS$ 2362.74 million in 2022
Market Size Value byUS$ 7348.82 million by 2030
Growth rateCAGR of 15.2% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
Analyst Image

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Report Segmentation and Scope:

The global conductive textiles market is segmented on the basis of fabric type, product type, and end-use industry. Based on fabric type, the market is segmented into nylon, cotton, polyester, and others. Based on product type, the market is segmented into woven textile, non-woven textile, and knitted textile. Based on the end-use industry, the market is segmented into military and defense, healthcare, sports and fitness, consumer electronics, and others. By geography, the global conductive textiles market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North American market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The Middle East & Africa market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The South & Central America market is further segmented into Brazil, Argentina, and the Rest of South & Central America.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Segmental Analysis:

Based on fabric type, the conductive textiles market is segmented into nylon, cotton, polyester, and others. The cotton segment held a significant market share in 2022. By incorporating conductive elements into cotton fibers, these textiles blend the familiar softness and breathability of cotton with the capacity to transmit electrical currents. This innovation opens up a range of possibilities for applications in wearable technology and e-textiles. Based on product type, the market is segmented into woven textile, non-woven textile, and knitted textile. The conductive textiles market share of the woven textile segment was notable in 2022. In these textiles, conductive elements such as metal threads are intricately woven into the fabric structure, creating a grid or pattern that facilitates the flow of electrical currents. In the end-use industry, the market is segmented into military and defense, healthcare, sports and fitness, consumer electronics, and others. The conductive textiles market share of the military and defense segment was notable in 2022. These textiles, often integrated into military uniforms, serve a dual purpose. They enhance soldiers' connectivity by allowing the incorporation of electronic devices and communication systems directly into the fabric. This integration facilitates seamless communication in the field, providing real-time data and enhancing situational awareness.

chemicals-and-materials
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Regional Analysis:

The conductive textiles market is segmented into five key regions—North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. Asia Pacific dominated the global conductive textiles market, which accounted for ∼US$ 3,000 million in 2022. Europe is also a major contributor, holding a significant market share. The European conductive textiles market is expected to reach over US$ 1500 million by 2030. North America is anticipated to record a considerable CAGR of over 15% from 2022 to 2030. The Asia Pacific conductive textiles market, by country, is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The market is driven by the growing demand for conductive textiles in military defense and sports. China dominates the regional market, followed by countries such as India, South Korea, Japan, and Australia. The region's prominence in electronics manufacturing complements the growth of conductive textiles, as these materials find applications in various electronic components integrated into clothing and accessories.

Industry Developments and Future Opportunities:

Various initiatives taken by key players operating in the conductive textiles market are listed below:

  1. In January 2023, Softmatter Announced New Technology Platforms to Transform the Future of Wearable Technology Through Textile Integration at CES.

COVID-19 Pandemic Impact: 

The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, business shutdowns, and travel restrictions in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemical & materials industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Due to the pandemic-induced economic recession, consumers became cautious and selective in purchasing decisions. Consumers significantly reduced nonessential purchases due to lower incomes and uncertain earning prospects, especially in developing regions. Many textile manufacturers reported declining profits due to reduced consumer demand during the initial phase of the pandemic. However, by the end of 2021, many countries were fully vaccinated, and governments announced relaxation in certain regulations, including lockdowns and travel bans. All these factors boost the growth of the conductive textiles market across different regions.

Competitive Landscape and Key Companies:

Coatex Industries, UBE Corporation, Saint-Gobain, DuPont de Nemours, Inc., Toray Industries, Inc., Kaneka Corporation., Kolon Industries Inc., Shieldex, 3M Company, Shinmax Technology Ltd. are among the prominent players operating in the global conductive textiles market. These players offer high-quality conductive textiles and cater to many consumers across the world.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Fabric Type, Product Type, and End-Use Industry

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

The List of Companies

1. AiQ Smart Clothing
2. Arville
3. Bekaert
4. Coatex Industries
5. Hitek Electronic Materials Ltd
6. Laird PLC
7. Seiren Co., Ltd
8. Shieldex
9. Swift Textile Metalizing LLC
10. Toray Industries, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Conductive Textiles Market