Conductive Textile Market

Global Conductive Textile Market Overview

Conductive Textile Market size to grow USD 10.4 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.35% during the forecast period (2023–2022). High demand from the military and defense sectors, as well as a growing market for smart fabrics is the key market drivers enhancing the market growth.

Key Companies in the conductive textile market include

• Toray Industries Inc

• Laird PLC

• Seiren Co. Ltd

• Bekaert

• Shieldex

• Coatex Industries

• Arville

• Swift Textile Metalizing LLC

• AiQ Smart Clothing

• Hitek Electronic Materials Lid

Conductive Textile Industry Development

In April 2021, Myant Inc., the world's leader in development, design, and manufacture, has announced the introduction of a planned and special collaboration contract for the usage and extension of next-generation conductive yarns and connections for exploitation in textile computing uses. Myant's SKIIN textile computing platform is made using patented knitting technologies. It leads to the development of smart textiles and smart clothing equipped with biometric sensors and actuators that can correctly receive signals from the body 24/7, provide a bi-directional response, and therefore enable greater health, performance, and wellness.

In August 2019, Toray Industries Inc announced the acquisition of Alva Sweden AB, a maker of airbag cushioning for automobiles. This acquisition would assist Toray in better understanding the newest trends and prospects in the worldwide airbag systems market, as well as in developing connections with vehicle manufacturers. This can assist Toray in entering a new product area, hence propelling the company's growth.

In May 2022, Vibia unveiled a lighting system made of conductive textile ribbons. Stefan Diez, a German designer, devised a customisable lighting system for Barcelona-based lighting manufacturer Vibia that includes a flexible cloth track that fastens like a belt. The Plusminus system is comprised of a conductive cloth belt onto which various light fittings can be fastened. A configurable lighting system is a plus.

Conductive Textile Market Segmentation

Conductive Textile Market By Fabric Type Outlook

• Nylon

• Cotton

• Polyester

Conductive Textile Market By Product Type Outlook

• Woven Textile

• Non-Woven Textile

• Knitted Textile

Conductive Textile Market By End-User Outlook

• Military & Defense

• Healthcare

• Sports & Fitness

• Consumer Electronics

Conductive Textile Regional Outlook

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
  • Middle East
  • Africa
  • Latin America