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Thermal Conductive Gloves Market

The research report on thermal conductive gloves market categorizes the global market by material, and by end-user
Thermal Conductive Gloves Market - Global Industry
Insights, Opportunity Analysis, 2018-2026
Thermal conductive gloves are utilized to operate touchscreen devices such as
mobile phones and tablets along with providing warmth. It is made from materials
such as sandy nitrile that emulates conductive properties of the skin. In thermal
conductive gloves, either fingertips or entire glove is incorporated with conductive
materials. Thermal conductive gloves offers various benefits over conventional
gloves such as advantage to use touch screen thereby avoiding need to remove
gloves while operating such devices and makes usage of smartphones easier
especially during cold weather conditions.
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Growing demand for mobile devices such as smartphones and tablets is driving
growth of the global thermal conductive gloves market. According to the U.S.
General Services Administration, tablet and smartphone device usage is increasing
in the U.S. In 2015, 378 million tablet and smartphone were in use in the U.S.
Furthermore, according to Consumer Technology Association (CTA), unit volume
shipping of smartphones in the U.S. is expected to increase by 2% to reach 189
million in 2018, while revenue is expected to increase by 3% to reach US$ 62.9
billion in 2018 in the U.S.
Advantages of thermal conductive gloves such as dexterity, ease of grip, warmth,
durability, ease of use, lightweight, breathability and ease of donning and doffing is
propelling growth of the global conductive gloves market. Furthermore, availability of
a wide variety of thermal conductive gloves in different colors, materials, designs,
and thickness is fuelling growth of this market.
Technological advancements along with rise in applications of touch screen
technology in various devices such as portable media players, digital camera, media
extender, remote control, laptops and desktops is propelling growth of the global
thermal conductive gloves market. Growing demand for consumer electronics is
supporting growth of this market. According to Consumer Technology Association
(CTA), a trade organization of consumer electronics industry in the U.S., retail
revenue of the U.S. consumer electronics is expected to generate revenue of US$
351 billion in 2018, which is an increase by 3.9% as compared to 2017.
Market Outlook
Asia Pacific thermal conductive gloves market is expected to exhibit high growth rate
during the forecast period. This is attributed to growing usage of smartphones in this
region. According to the Australian Communications and Media Authority, in May
2012, number of smartphone owners in Australia was 8.67 million, an increase by
104% from the previous year. Furthermore, according to the Central Intelligence
Agency, an intelligence service agency of the U.S. federal government, China had
highest number of mobile phones including smart phone users followed by India in
2016. This significant number of mobile phone users is fuelling growth of the thermal
conductive gloves market in Asia Pacific.
North America held significant market share in the global thermal conductive gloves
market. Rising penetration of smartphones and tablets is driving growth of the
thermal conductive gloves market in this region. According to the U.S. General
Services Administration, smartphone and tablet accounted for 36% of all internet
traffic in December 2015, which increased to 43% in December 2016. Furthermore,
growing demand for electronics and appliances is propelling growth of the thermal
conductive gloves market in this region, as touch screen panels are introduced in
many electronic appliances. According to the U.S. Census Bureau, total retail sales
of electronics and appliances in 2014 was US$ 28,158 million, which increased to
US$ 30,016 million in 2015 in the U.S.. Also, rising adoption of touchscreen
technology in laptops and automotive electronics is augmenting growth of the
thermal conductive gloves market in this region. According to Consumer Technology
Association (CTA), factory-installed automotive electronics, which includes
entertainment systems with touch screens and others is anticipated to increase by
5.9% to reach US$ 15.9 billion in revenue in 2018 as compared to 2017.
Europe is expected to be the lucrative thermal conductive gloves market, owing to
significant demand for electronic appliances especially in Germany, the U.K., and
France. According to the German Electrical and Electronic Manufacturers
Association, electrical and electronics industry in Europe was valued at US$ 797.93
billion in 2015 and was the third-largest market, globally. Furthermore, electrical and
electronics industry is expected to grow by 2% in Germany and by 1% in the U.K.
and France in 2018 from 2017. This growth is augmenting demand for thermal
conductive gloves as it is used to operate various touch screen electronic devices
such as smartphones, laptops, and other consumer electronics.
Key Players and Business Strategies
Key players operating in the global thermal conductive gloves market are Pearl Izumi
Inc., QRP, Inc., Kent Wang Co., Mujjo Europe BV, Moshi, Underhanded Gloves, and
Uvex Safety Group.
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