ROCKVILLE - Rising demand for smart fabrics and wearable devices is set to drive strong growth in the global conductive textile market over the next decade, according to a new report.
It is expected to grow by 12 per cent a year over the next decade, reaching as much as US$8.2 billion by the end of 2033, from a current value of US$2.6 billion, according to US market research firm Fact.MR.
Conductive textiles are fabrics made using metal strands that are woven with fibres or used to coat fibres with conductive metals such as carbon, gold, silver, copper, nickel and titanium.
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