Conductive Textiles Market to offer a healthy CAGR of 17.2% during 2020-25
February 13, 2020
Conductive Textiles Market Overview:
Conductive Textiles Market is likely to witness an impressive CAGR of 17.2% during the forecast period. Growing advantages of conductive textile, acclaimed demand from the developing fabrics market, and military & defense sector are the prime factors that are driving the market globally.
Report Overview:
This new report from Stratview Research analyses the Conductive Textiles Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Conductive Textiles Market Segment Insights:
Type: woven conductive textiles, non-woven conductive textiles and others
Based on the type, the market is segmented as woven conductive textiles, non-woven conductive textiles, and knitted conductive textiles. The woven conductive textiles segment is estimated to register the highest growth in the coming five years. It is also the largest and fastest-growing segment. The sturdiness and suppleness of woven textiles make them the preferred choice to be used in various end-use industries which drives the growth of this segment.
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End-Use Industry Type: military & defense, healthcare and others
Based on the end-user type, the market is segmented as military & defense, healthcare, sports & fitness, consumer electronics, and others. The sports & fitness segment is expected to depict the highest growth during the forecast period. Growing cognizance about the significance of sports is the prime factor that is bolstering the growth of this segment.
A highly/moderately/fragment consolidated Market
Some of the major players in the conductive textiles market are Toray Industries Inc., Laird PLC, Seiren Co. Ltd., Hitek Electronic Materials Ltd., Emei Group, Sheildex Trading, Inc., Holland Shielding System, MarKTek Inc., Coatex Industries, and Swift Textile Metalizing LLC.
Region: Asia-Pacific is expected to register the highest growth in the conductive textiles market
In terms of regions, Asia-Pacific is expected to register the highest growth in the conductive textiles market during the forecast period. China and India are the growth engines of the region. The market is driven by the growing awareness about the application and advantages of conductive textiles in the region. North America and Europe are also expected to offer considerable growth opportunities in the coming five years.
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