SAN FRANCISCO , June 23, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Conductive Textiles – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.
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Editing: 6; Published: January 2022
Executive Pool: 379
Companies: 47 – Players covered include Aiq Smart Clothing Inc.; Coatex Industries; Emei (HK) Electronics Ltd. ; HITEK Electronic Materials Ltd; Holland Shielding Systems BV; Jarden Applied Materials; PLC Laird; Marktek Inc.; NV Bekaert SA; Parker Chomerics; Seiren Co., Ltd. ; Swift Textile Metalizing, LLC; Toray Industries, Inc. and others.
Cover: All major geographies and key segments
segments: End use (military and defense, healthcare, consumer electronics, sports and fitness, other end uses); Textile (woven, non-woven, knitted)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
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Global conductive textiles market to reach $3.3 billion by 2026
Amid COVID-19 crisis, Global Conductive Textiles Market Estimated at US$1.4 billionis expected to reach a revised size of US$3.3 billion by 2026, growing at a CAGR of 14.4% over the analysis period. Woven, one of the segments analyzed in the report, is expected to register a CAGR of 15.5% and reach 2 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis it induces, the growth of the nonwovens segment is readjusted to a revised CAGR of 13.9% for the next 7-year period.
The US market is estimated at $442.6 million in 2021, when China is expected to reach $716.9 million by 2026
The conductive textiles market in the United States is estimated at US$442.6 million in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$716.9 million by 2026 with a CAGR of 18.9% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 10.2% and 12.7% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 11.4%.
Knitted segment to reach US$438.5 million by 2026
In the global knitwear segment, UNITED STATES, Canada, Japan, China and Europe will drive the CAGR of 10.9% estimated for this segment. These regional markets representing a combined market size of US$168.2 million will reach a projected size of US$346.8 million at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. After
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SOURCE Global Industry Analysts, Inc.