Conductive Textiles Market To Exhibit Positive Growth Prospects With Relatively Higher Demand For Sports & Fitness Products

By Author: Jack Martin
Total Articles: 256
Comment this article

The global conductive textiles market was valued at USD 1.02 billion in 2016 and is projected to reach USD 2.11 billion by 2021, at a CAGR of 15.6% from 2016 to 2021. Growing awareness regarding the advantages of conductive textiles, the growing smart fabrics market, and high demand from the military & defense sector are major factors driving the growth of the global conductive textiles market.

For More Insights into the Conductive Textiles Market, Request a Sample of this Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=175501216

Conductive textiles are widely used in functions, such as heating, conduction, or electromagnetic interface shielding, and prevention of static charge build-up. Cotton, polyester, and nylon are the most widely used types of fabrics for conductive textiles. The type of conductive textile is selected based on the type of metal and the requirement of end-use industry. Copper and nickel are majorly used in conductive textiles.

Depending upon the requirement of conductive textiles by varied end-use industries, these textiles can be woven, knitted, braided, ...
... sewn, or cut. Among types, the woven textile segment is projected to grow at the highest CAGR from 2016 to 2021. Woven conductive textile is lightweight and offers durable shielding. It also provides high standard performance in shielding and conductivity, and is widely preferred by varied end users.

Based on end user, the sports & fitness segment of the conductive textiles market is projected to grow at the highest CAGR during the forecast period. Increased awareness about health, fitness, and wellness, globally has led to a high demand for wearable devices, as they are mainly used to monitor sleep, calories consumed, heart rate, and blood pressure, among other health parameters. Conductive textiles are used in the manufacture of products, such as smart shirts that record heart rates, intelligent bands that track physical activities, and other fitness monitoring devices. Thus, increase in demand for such health monitoring devices has contributed to the growth of the conductive textiles market.

Get Customization on this Research Report for Specific Research Solutions@ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=175501216

The Asia-Pacific and the Middle East & Africa are significant regional markets for conductive textiles. Factors such as the growing urban population in China and India and the increasing awareness about the benefits and functionalities of conductive textiles in these countries are expected to fuel the growth of the conductive textiles market in the Asia-Pacific region. Furthermore, the increasing demand for conductive textiles from the sports & fitness and healthcare sectors is anticipated to drive the growth of the conductive textiles market in Asia-Pacific and the Middle East & Africa.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441