Aug 9, 2017   SOURCE: BusinessWire

Conductive Textiles Market to Reach $2.1 Billion by 2021 - Driven by Increasing Usage of Conductive Textiles in Wearable Fitness - Research and Markets

The "Conductive Textiles Market - Global Forecast to 2021" report has been added to Research and Markets' offering.

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. The development of conductive fabrics using graphene inks and the increasing usage of conductive textiles in wearable fitness and medical devices are providing lucrative growth opportunities to manufacturers of conductive textiles.

Based on end user, the military & defense segment accounted for the largest share of the global conductive textiles market in 2015. In addition, the sports & fitness end user segment is projected to grow at the highest CAGR during the forecast period. Furthermore, the increasing usage of conductive textiles in the development of wearable devices that are mainly utilized in the healthcare and sports & fitness sectors has contributed to the growth of the conductive textiles market.

Based on region, Europe is anticipated to lead the global conductive textiles market during the forecast period. Growth of the Europe conductive textiles market is mainly attributed to technological advancements in wearable technologies and continuous innovations in this market. Asia-Pacific is the fastest-growing region in the global conductive textiles market. This growth is mainly attributed to the high demand for conductive textiles from China, Japan, India, and South Korea.

Factors inhibiting the growth of the conductive textiles market are the high cost of finished products that has impacted the adoption of conductive textiles.

Companies Mentioned

  • 3M Company
  • AiQ Smart Clothing
  • Bekaert
  • Coatex Industries
  • Eeonyx
  • Emei Group
  • HFC Shielding
  • Hitek Electronic Materials Ltd.
  • Holland Shielding System
  • Jarden Applied Materials
  • KGS Diamond
  • Laird PLC
  • MarKTek Inc.
  • Metal Textiles
  • New Cut
  • Seiren Co. Ltd.
  • Sheildex Trading, Inc.
  • Swift Textile Metalizing LLC
  • Temas Engineering
  • Tibtech Innovations
  • Toray Industries Inc.
  • V Techinical Textiles Inc
  • Wujiang City Yuzhen Textile Co. Ltd.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Conductive Textiles Market, By Fabric Type

7 Conductive Textiles Market, By Type

8 Conductive Textiles Market, By End User

9 Conductive Textiles Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/93tcnv/conductive