Braided & Textile Sleeve Market Insights 2024

Braided Sleeve and Textile Sleeve Market

The global Braided Sleeve and Textile Sleeve market was valued at US$ 1,107.48 million in 2023 and is anticipated to reach US$ 2,044.02 million by 2030, witnessing a CAGR of 9.11% during the forecast period 2024-2030.

North American market for Braided Sleeve and Textile Sleeve is estimated to increase from $ 236.94 million in 2023 to reach $ 430.38 million by 2030, at a CAGR of 8.73% during the forecast period of 2024 through 2030.
Asia-Pacific market for Braided Sleeve and Textile Sleeve is estimated to increase from $ 495.54 million in 2023 to reach $ 942.76 million by 2030, at a CAGR of 9.71 % during the forecast period of 2024 through 2030.

The major global manufacturers of Braided Sleeve and Textile Sleeve include Tenneco, Delfingen, Relats, JDDTECH, HellermannTyton, Tresse Industrie, Techflex, Safeplast, etc. In 2023, the world's top three vendors accounted for approximately 55.99 % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Braided Sleeve and Textile Sleeve, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Braided Sleeve and Textile Sleeve.

The Braided Sleeve and Textile Sleeve market size, estimations, and forecasts are provided in terms of output/shipments (K Km) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Braided Sleeve and Textile Sleeve market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Braided Sleeve and Textile Sleeve manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Major Trends

The global braided sleeve and textile sleeve market is growing due to the increasing demand for protective solutions in industries such as automotive, aerospace, electronics, and telecommunications. Braided and textile sleeves are used to protect cables, wires, and hoses from abrasion, heat, and electrical interference. The rise in industrial automation, the increasing complexity of wiring systems, and the need for durable protective materials are key drivers of the market. Additionally, the expansion of the electric vehicle (EV) market and the growing adoption of fiber optic cables are contributing to the demand for high-performance braided and textile sleeves.

Braided Sleeve and Textile Sleeve Market Trends

One of the key trends in the braided sleeve market is the increasing use of flame-retardant materials in automotive and aerospace applications. With stringent safety regulations in place, manufacturers are developing braided sleeves that can withstand high temperatures and prevent the spread of fire. This trend is particularly important in electric vehicles (EVs), where the protection of wiring and components from heat and fire is critical to ensuring safety and performance.

Another significant trend is the rising demand for lightweight and flexible sleeves in electronics and telecommunications. As devices and systems become more compact and complex, the need for protective solutions that do not add bulk or weight is growing. Braided and textile sleeves made from lightweight materials are gaining popularity in these industries, as they provide the necessary protection without compromising on flexibility or ease of installation.

The integration of braided sleeves with smart materials is also shaping the market. Companies are developing sleeves that incorporate sensors or conductive materials, allowing them to detect and respond to changes in temperature, pressure, or electrical interference. This trend is particularly relevant in high-tech industries such as aerospace and defense, where smart protective solutions can enhance the safety and performance of critical systems.

Sustainability is another important trend driving innovation in the braided and textile sleeve market. Manufacturers are increasingly using eco-friendly materials, such as recycled fibers, to produce protective sleeves that meet environmental standards. This trend is gaining traction in industries where sustainability is a priority, such as automotive and telecommunications, where companies are looking for ways to reduce their carbon footprint.

Braided Sleeve and Textile Sleeve Market Share

The braided and textile sleeve market is led by companies such as Techflex, Federal-Mogul, and HellermannTyton, which offer a wide range of protective solutions for various industries. These companies have established themselves as market leaders by providing high-quality products that meet the stringent requirements of sectors such as automotive, aerospace, and electronics.

New entrants and specialized manufacturers are gaining market share by focusing on specific applications or developing innovative solutions. These companies often target niche markets, such as custom protective sleeves for industrial automation or high-performance sleeves for fiber optic cables, helping them compete in a competitive landscape.

Scope of Braided Sleeve and Textile Sleeve Market Report