Conductive fabrics are the fabrics that can conduct electricity. Conductive fabrics are made from conductive metals including but not limited to gold, carbon, titanium, nickel, silver, or copper. The base fabric materials include cotton, wool, polyester, and nylon. Conductive fabrics are utilized in end-use industries to control static and provide shield electromagnetic interference. Military & defense, healthcare, sports & fitness, and consumer electronics are some of the key end users of conductive fabrics.
The global conductive fabric market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global conductive fabric market is growing at a fast pace and increasing its geographical footprint rapidly. The global conductive fabric market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The military and defense sector is a major driving factor for the conductive fabric market growth in recent times. The increasing usage of conductive fabric in medical devices coupled with the expansion of the usage of conductive fabrics using graphene inks are also expected to boost the market during the forecast period. Further, factors such as the increasing urbanized population in China and India and the increasing awareness about the benefits and functionality of conductive fabrics in these countries are the fuels to the market growth in APAC region.
High production cost of conductive fabrics is likely to hamper the market growth. Moreover, the manufacturing process of embedding the electronic devices into the garments is cost intensive resulting in driving up the overall price, which is another restraining factor for the market growth.
The conductive fabric market has remarkable usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and South America. The key players in global conductive fabric market are Parker Chomerics, Toray Industries Inc., 3M, Laird PLC, and Bekaert and others.
Research Methodology
The research process includes the market segmentation of the global conductive fabric market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
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