PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1534514
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1534514
Global conductive textile sales are on the rise, driven by 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 manufactured either by depositing conductive materials onto non-conductive textiles or by using conductive fibers. These textiles are gaining popularity in smart textile and e-textile applications, offering benefits such as static control and electromagnetic interference shielding.
Conductive textiles have evolved from using solid metal yarns, such as gold and silver, to incorporating advanced materials like carbon nanotubes and graphene. The versatility and excellent properties of conductive textiles have led to their widespread use across industries, including consumer electronics, healthcare, defense, and sports.
Conductive textiles are used in various forms, such as woven, non-woven, and knitted fabrics. Woven conductive textiles are particularly popular due to their high performance in shielding and conductivity. These textiles are flexible, lightweight, durable, and offer excellent properties like heat insulation and elasticity.
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.
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.
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.