SAN FRANCISCO , June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Conductive Textiles - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 6; Released: 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; Laird PLC; Marktek Inc.; NV Bekaert SA; Parker Chomerics; Seiren Co., Ltd.; Swift Textile Metalizing, LLC; Toray Industries, Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Military & Defense, Healthcare, Consumer Electronics, Sports & Fitness, Other End-Uses); Textile (Woven, Non-Woven, Knitted)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; 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 the COVID-19 crisis, the global market for Conductive Textiles estimated at US$1.4 Billion, is projected 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 projected to record a 15.5% CAGR and reach US$2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Woven segment is readjusted to a revised 13.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $442.6 Million in 2021, While China is Forecast to Reach $716.9 Million by 2026
The Conductive Textiles market in the U.S. is estimated at US$442.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$716.9 Million by the year 2026 trailing a CAGR of 18.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.2% and 12.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.
Knitted Segment to Reach US$438.5 Million by the year 2026
In the global Knitted segment, USA, Canada, Japan, China and Europe will drive the 10.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$168.2 Million will reach a projected size of US$346.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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SOURCE Global Industry Analysts, Inc.