A $3.3 billion global opportunity for conductive textiles by 2026

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.

A $3.3 Billion Global Opportunity for Conductive Textiles by 2026 – New Research from StrategyR

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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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About Global Industry Analysts, Inc. and StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving over 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: [email protected]

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