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.
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
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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