Global Conductive Yarn Market Revenue Projected Around USD 4,305 million by 2026

14-Jan-2020 | Facts and Factors

Facts and Factors Market Research has published a new report titled “Conductive Yarn Market By Product Type (Metallic Type, Carbon-Based Type, and Metal Compound Type) and By Application (Anti-Static Fabric, Signal Transmission, and Cellphone Protective Cover): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”. According to the report, the global Conductive Yarn market was valued at approximately USD 1550 million in 2019 and is expected to reach a value of around USD 4,305 million by 2026, at a CAGR of around 15.7% between 2019 and 2025.

Global Conductive Yarn Market Size

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Textile materials are made up of organic polymers and act as the best insulators. However, as a result of weak electric conductivity, the electrical load is accumulated on the organic polymer surface. In order to prevent electric load accumulation, the textiles are transformed into electrically conducting materials termed conductive yarn through the use of various methods.

Browse the full “Conductive Yarn Market By Product Type (Metallic Type, Carbon-Based Type, and Metal Compound Type) and By Application (Anti-Static Fabric, Signal Transmission, and Cellphone Protective Cover): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025” Report at https://www.fnfresearch.com/conductive-yarn-market-by-product-type-metallic-type-282

Growing awareness pertaining to the benefits of using the conductive yarn will prompt the market trends

There is large-scale awareness among the customers as well as the firms pertaining to the advantages offered by conductive yarn and this has prompted the business growth. Moreover, highly conductive composite yarns have the ability to conduct electrical transmissions along with obtaining an electromagnetic shielding effect.

Furthermore, the product finds a spectrum of applications across resistive heating, electro-conductive transmission, and static dissipation. Apart from this, the escalating demand for fabrics having the ability to sense many biomarkers in the consumer will steer the market growth over the forecast period. However, high development costs, as well as huge costs incurred on maintaining the product, will impede the market growth over the forecast period. Nonetheless, the growing use of conductive fabrics in the healthcare industry will offer new growth avenues for the market over the forecast period.

Metal compound type segment to record the highest CAGR over the forecast period

The metal compound type segment is set to register the highest growth rate of over 16% during the timespan from 2019 to 2025. The segmental growth is attributed to the massive use of metals such as nickel, silver, and steel in the form of fibers or wires to produce the conductive yarn for imparting conductive property in these conductive yarns.

Anti-static fabric segment to dominate the application landscape by 2025 in terms of revenue

The growth of the segment during the forecast timeline is owing to the massive use of conductive yarn in anti-static fabrics.

Europe to account for the major market revenue share by 2025

The regional market growth over the forecast timeline is credited to breakthroughs in wearable technologies along with huge investments in the research activities by various firms of the European region. In addition to this, the launching of new & cost-efficient products is predicted to play a major role in influencing the growth of the market in Europe over the forecast period.

Furthermore, the growing trend of smart clothing witnessed in the European continent will further enlarge the market scope in the region over the forecast timeline. Countries like France, Germany, and the UK are predicted to be the key regional revenue contributors.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 1550 Million

Projected Market Size in 2026

USD 4,305 Million

CAGR Growth Rate

15.7% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Advance Data Systems, Cerner, Core Solutions, Mindlinc, Kareo, Nextgen Healthcare, Netsmart, The Echo Group, Valant, Welligent, Qualifacts, Credible, Meditab, Compulink, and Advanced MD, and Others

Key Segment

By Product Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Top Market Players

Some of the key players in the market include Advance Data Systems, Cerner, Core Solutions, Mindlinc, Kareo, Nextgen Healthcare, Netsmart, The Echo Group, Valant, Welligent, Qualifacts, Credible, Meditab, Compulink, and AdvancedMD among others.

This report segments the Conductive Yarn market as follows:

Global Conductive Yarn Market: By Product Type Segment Analysis

  • Metallic Type
  • Carbon-Based Type
  • Metal Compound Type

Global Conductive Yarn Market: By Application Segment Analysis

  • Anti-Static Fabric
  • Signal Transmission
  • Cellphone Protective Cover

Global Conductive Yarn Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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