Increasing penetration of smartphone and other touchscreen devices is augmenting the growth of the thermal conductive gloves market
Thermal
conductive gloves are primarily used to work on touchscreen devices like
tablets and mobile phones as well as providing heat for those working on
laptops. It's made out of organic materials like silicone that mimics human
skin's natural conductive properties. These types of gloves also offer a number
of medical benefits. They can be used for all sorts of work, not just thermal
washing or working with electronics. Some also offer protection against
chemicals and some have antibacterial properties.
The
growing penetration of mobile devices such as a smartphone is fueling the
growth of the thermal conductive gloves market. This is
also attributed to the increasing use internet around the globe. International
Telecommunication Union estimates that at the end of 2019, a bit more than 51
percent of the global population, or 4 billion people, are using the
Internet. The advantage such as dexterity, ease of grip, lightweight, warmth,
ease of use, durability, breathability, and ease of donning and doffing offered
by conductive gloves is also propelling the growth of the market. Moreover,
technological advancement coupled with the growing adoption of remote control, digital
camera, media extender, portable media players, and laptops is further
anticipated to augment the growth of the thermal conductive gloves market.
The
Asia Pacific is projected to gain significant growth over the forecast period
and this is attributed to the increasing demand for consumer electronic
products in the region. According to the India Brand Equity Foundation, the
Indian appliance and consumer electronics market stood at Rs 76,400 crore (US$
10.93 billion) in 2019. The appliances and consumer electronics industry is
expected to double to Rs 1.48 lakh crore (US$ 21.18 billion) by 2025. Moreover,
expanding the e-commerce industry in the region due to the growing penetration
of the internet is further anticipated to fuel the regional market growth over
the forecast period.
Key Developments:
1. 1. In January 2019, Ironclad Performance
Wear, the provider of high-performance hand safety, announced the launch of a
new Command Series glove line. The Command Series incorporates cutting-edge
nanoparticle technology to create highly durable touchscreen work gloves.
2. 2. In July 2019, Scientists from ETH
Zurich and EPFL have developed a lightweight haptic glove that enables users to
feel and manipulate virtual objects. The virtual reality system, called
DextrES, weighs eight grams and is made of cotton with elastic metal strips
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