Conductive textiles, a burgeoning sector within the broader textile industry, are gaining momentum due to their versatility and innovative applications. Several market factors contribute to the growth and dynamics of the conductive textile market.
Conductive textile fabrics can conduct electricity which is its unique property. It is made with metal strands woven into fabric or conductive yarns, which get conductive due to metal coating.
Firstly, technological advancements play a pivotal role in shaping the conductive textile market. As technology continues to evolve, manufacturers can develop conductive textiles with enhanced properties such as flexibility, conductivity, and durability. These advancements enable the integration of conductive textiles into various products ranging from wearable electronics to smart textiles for healthcare and sports applications.
Secondly, increasing demand for wearable technology fuels the growth of the conductive textile market. With the rising adoption of smart devices and wearable gadgets, there is a growing need for textiles that can seamlessly integrate electronic components while providing comfort and functionality. Conductive textiles offer a solution by enabling the incorporation of sensors, actuators, and other electronic modules directly into clothing and accessories.
Another significant market factor is the growing emphasis on healthcare and fitness monitoring solutions. Conductive textiles have emerged as a promising platform for developing wearable healthcare devices and fitness trackers. These textiles can monitor vital signs, track physical activity, and even deliver therapeutic interventions, thereby revolutionizing personalized healthcare and wellness management.
Furthermore, the automotive industry represents a key market for conductive textiles. As automotive manufacturers focus on integrating advanced electronics and connectivity features into vehicles, there is a growing demand for textiles that can serve as conductive interfaces for touch-sensitive panels, heating elements, and electromagnetic shielding.
Additionally, the increasing adoption of conductive textiles in the military and defense sector drives market growth. Conductive textiles offer unique capabilities such as electromagnetic shielding, signal transmission, and lightweight functionality, making them ideal for applications in military uniforms, communication systems, and protective gear.
Moreover, sustainability concerns are influencing the conductive textile market landscape. With growing awareness of environmental issues, there is a rising demand for eco-friendly textile materials and manufacturing processes. Conductive textiles that utilize sustainable materials and production methods are gaining traction among environmentally conscious consumers and businesses.
Global economic factors also play a significant role in shaping the conductive textile market. Factors such as GDP growth, consumer spending patterns, and industrial investments impact the demand for conductive textiles across various sectors and regions. Economic stability and growth create opportunities for market expansion and innovation within the conductive textile industry.
Furthermore, regulatory frameworks and standards influence market dynamics and product development within the conductive textile industry. Compliance with regulations related to product safety, electromagnetic compatibility, and environmental sustainability is essential for manufacturers to ensure market acceptance and competitiveness.
Report Attribute/Metric | Details |
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Market Size Value In 2023 | USD 3.10 billion |
Growth Rate | 14.30% (2024-2032) |
Conductive Textile Market Size was valued at USD 3.10 billion in 2023. The conductive textile industry is projected to grow from USD 3.61 Billion in 2024 to USD 10.5 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.30% during the forecast period (2024 - 2032). High demand from the military and defense sectors, as well as a growing market for smart fabrics, are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The market CAGR for Conductive Textile is being driven by rising demand from the Healthcare, Defense, and Military sectors.Conductive textile materials are widely employed in applications such as smart fabric, particularly those that monitor physiological functions. They are frequently employed in smart textile applications such as communication, sensors, electrostatic discharge clothing, and heated textiles. These smart fabrics are made from smart textiles and hence have a wide range of applications in the military, defense, and healthcare industries. Smart fabrics produced from these conductive textiles are utilized in the healthcare sector to monitor patients and pass on information about their ailments, as they can acquire, transmit, and detect physiological signals by medical devices and wearable fitness.
Furthermore, textiles are making a significant contribution to sustainable mobility in a variety of automotive applications. Automobiles are the lifeblood of our civilization, and the sector is expanding steadily. With technological advancements, safety, and comfort features, a great deal of emphasis is placed on the material used in all vehicle components. Various such modifications have resulted in material replacements to meet requirements such as lower emissions, light weight, anti-corrosion, durability, passenger safety, and fire-proofing. These advancements have now become the norm around the world, and much research and development is being conducted to find the finest substitutes for conventional materials. Aside from being used on exterior surfaces, conductive materials are also finding applications within vehicles, such as improved thermal control. Their adaptability makes them an essential component of modern autos. The increasing incorporation of electronics in vehicles, the advent of new polymers, and the continual shrinking of electronic components will increase the market share from automotive applications.
The conductive textile market segmentation, based on fabric type includes nylon, cotton and polyester. Polyester category are the largest segment, accounting for 33.4% of total revenue in 2022. Polyester fabric is widely used because it is durable, resistant to most chemicals, and shrinks less than other fabrics. It is consequently used as a raw material for creating conductive wearables such as jackets and sportswear, which is projected to fuel growth.
Figure1: Conductive Textile Market, by Product type, 2022 & 2032 (USD billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The conductive textile market segmentation, based on product type, includes woven textile, non-woven textile, knitted textile. The woven textiles segment holds a large share of the market because often used because of the flexibility and durability of woven textiles, making them a preferred type of textile across various end-use industries. Also, textiles offer high-standard performance in terms of conductivity and shielding and are preferred by manufacturers across the globe.
The conductive textile market segmentation, based on end-user, includes military & defense, healthcare, sports & fitness and consumer electronics. The military & defense segment has significant market share, because the use of conductive wearables, which can monitor the battlefield, track soldier health, and assist communications and temperature monitoring, is expanding. Rising military spending in emerging countries such as China, India, and Mexico is likely to drive demand for conductive fabrics in the military and defense industries. Furthermore, political uncertainty, combined with the advancement of advanced technology, is projected to enhance demand for products used in military and defense applications.
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. In terms of regions, Asia-Pacific is predicted to have the largest growth in the conductive fabrics market during the forecast period. The region's growth engines are China and India. The region's growing knowledge of the application and benefits of conductive fabrics drives the market.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: CONDUCTIVE TEXTILE MARKET SHARE BY REGION 2022 (%) Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s conductive textile market accounts for the second-largest market share ddue to the occurrence of advanced infrastructure and technology. Further, the German conductive textile market held the largest market share, and the UK conductive textile market was the fastest-growing market in the European region
The North America Conductive Textile Market is expected to grow at the fastest CAGR from 2023 to 2032. This is because of its conductive properties and superior protective performance. Moreover, China’s conductive textile market held the largest market share, and the Indian conductive textile market was the fastest-growing market in the North American region.
Leading market players are extensively investing in R&D to increase their product lines, which will help the conductive textile market grow even more. Market participants are also engaging in a number of strategic initiatives to grow their worldwide presence, with significant market developments including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. To grow and survive in a more competitive and increasing market environment, the conductive textile industry must provide cost-effective products.
Manufacturing locally to reduce operational costs is one of the primary business strategies employed by manufacturers in the conductive textile industry to benefit customers and expand the market sector. The conductive textile industry has recently provided some of the most significant benefits to medicine. Swift Textile Metalizing LLC (US), AiQ Smart Clothing (Taiwan), Hitek Electronic Materials Ltd (UK), and other major players in the conductive textile market are seeking to enhance market demand by investing in research and development operations.
Toray Industries, Inc. is a Japanese multinational firm that specializes in industrial products based on advances in organic synthetic chemistry, polymer chemistry, and biochemistry. Its initial product lines included fibres and textiles, as well as polymers and chemicals. The company has also expanded into fields like as medicines, biotechnology and R&D, medical products, reverse osmosis huge membranes, electronics, IT-products, housing and engineering, and sophisticated composite materials. The company is listed on the first section of the Tokyo Stock Exchange and is a component of the TOPIX 100 and Nikkei 225 stock market indices. In November 2019, Toray Industries Inc has announced the creation of the 'Kinari' polyester filament fabric. The fabric 'Kinari' was created using nanotechnology, and it possesses rich lustre, exquisite gross, air lightness, and scroop features. The business also introduced a new Nylon cloth with great water repellency the same year.
Parker Hannifin Corporation, formerly Parker Appliance Company, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland (with a Cleveland mailing address). The company was started in 1917 and has been publicly traded on the NYSE since December 9, 1964. The company is one of the world's largest in motion control technologies, covering aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker employs around 55,000 people globally. In 2022, the company was rated 253 on the Fortune 500. In October 2019, Parker Hannifin Corporation, Parker Chomerics' parent company, announced the acquisition of LORD Corporation, a major manufacturer of innovative adhesives and coatings. The previous company's position in the worldwide engineered materials market would be strengthened, and its product portfolio would be expanded, as materials science capabilities would be strengthened.
Laird PLC
Seiren Co. Ltd
Shieldex
Coatex Industries
Arville
Swift Textile Metalizing LLC
AiQ Smart Clothing
Hitek Electronic Materials Lid
In April 2021, Myant Inc., the world's leader in development, design, and manufacture, has announced the introduction of a planned and special collaboration contract for the usage and extension of next-generation conductive yarns and connections for exploitation in textile computing uses. Myant's SKIIN textile computing platform is made using patented knitting technologies. It leads to the development of smart textiles and smart clothing equipped with biometric sensors and actuators that can correctly receive signals from the body 24/7, provide a bi-directional response, and therefore enable greater health, performance, and wellness.
In August 2019, Toray Industries Inc announced the acquisition of Alva Sweden AB, a maker of airbag cushioning for automobiles. This acquisition would assist Toray in better understanding the newest trends and prospects in the worldwide airbag systems market, as well as in developing connections with vehicle manufacturers. This can assist Toray in entering a new product area, hence propelling the company's growth.
In May 2022, Vibia unveiled a lighting system made of conductive textile ribbons. Stefan Diez, a German designer, devised a customisable lighting system for Barcelona-based lighting manufacturer Vibia that includes a flexible cloth track that fastens like a belt. The Plusminus system is comprised of a conductive cloth belt onto which various light fittings can be fastened. A configurable lighting system is a plus.
Conductive Textile Market By Fabric Type Outlook
Nylon
Cotton
Polyester
Conductive Textile Market By Product Type Outlook
Woven Textile
Non-Woven Textile
Knitted Textile
Conductive Textile Market By End-User Outlook
Military & Defense
Healthcare
Sports & Fitness
Consumer Electronics
Conductive Textile Regional Outlook
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