According to a market report by Lucintel, the future of the global electric yarn and fabric market looks promising with opportunities in the computer/peripherals, communications, consumer electronics, industrial, automotive, military/aerospace, and industrial applications. The global electric yarn and fabric market is expected to reach an estimated $2 billion by 2030 at a CAGR of 4% from 2023 to 2030. The major drivers for this market are increasing demand for electric yarn and fabric in the communication industry, growth in connected devices, and advancement in automotive electronics.
Browse 89 figures/charts
and 76 tables in this 181-page report
to understand trends, opportunity and
forecast in electric yarn and fabric market to 2030 by type (primary twist yarn, twisted
yarn, and others), by application (electronic cloth raw materials, copper clad
laminate raw materials, and by region (North America, Europe, Asia Pacific, and
the Rest of the World).
Lucintel
forecasts that PCB based electric yarn and fabric will remain the largest
segment, and it is also expected to witness the highest growth over the
forecast period due to increasing demand for multilayers PCB with less micron
filament of electric yarn and fabric for 5G communication market.
Computers/peripherals
will remain the largest end use industry during the forecast period due to
increasing demand for computer systems in business, healthcare, and educational
sectors. The consumer electronics segment is expected to witness the highest
growth due to the increasing demand for connected devices.
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sample by clicking on electric
yarn and fabric market.
Asia
Pacific is expected to remain the largest market and witness the highest growth
over the forecast period due to the increasing electronic content in
automotive, and growth in consumer electronic devices and telecommunication
products. Increasing usage of electric vehicles due to growing environmental
concerns and regulations is also expected to drive the demand for electric yarn
and fabric in this region
Taiwan
Glass Group, Nitto Boseki Co. Ltd., Kingboard Laminates Holding Ltd., CPIC, Nan
Ya Plastic, Fulltech Fiber Glass Corporation, CYC Composites, Taishan
Fiberglass Inc., AGY Holding Corporation, Grace Fabric Technology Co. Ltd. are
the major suppliers in the electric
yarn and fabric market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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