Press release
Global Textile Machinery Market 2016-2020: Analysis, Trends, Market Demands, Segment And Forecast
About Textile Machinery Market
Technavios market research analyst predicts the global textile machinery market to grow at an impressive CAGR of nearly 11% by 2020. The rising demand for non-woven fabrics is the primary growth driver for this market. Non-woven fabrics are a web structure of the individual fibers that are neither woven nor knitted. High-speed and low-cost processes are employed to manufacture these fabrics. The manufacturing process includes web formation, web bonding, and finishing, thereby requiring textile machinery in each step.
The high demand for textiles from automotive and construction sectors is expected to aid the market growth during the forecast period. These technical textiles come with features such as increased conductivity, filtration, flexibility, lightweight, reinforcement, resistance, and strength. The production of these textiles requires precision, compelling OEMs to design machines that are efficient in terms of precision operation and ensure low wastage of textile.
Product-based segmentation of the textile machinery market
Spinning
Texturing
Weaving
Knitting
Finishing
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Technavio market research analysts have estimated the spinning machinery segment to be the largest market segment during the forecast period. Much of this segments growth can be attributed to the expansion of spinning machinery capacities in countries like India and China. Since these companies experience a high demand for cotton exports, the expansion of spinning machinery capacities will help these countries to maintain and meet a sustainable demand for spinning machinery during the forecast period.
Geographical segmentation of the textile machinery market
Asia
Europe
ROW
In this market study, analysts have estimated the Asian region to account for a market share of more than 90% of the total market share by 2020. The prospects for growth in this market are impelled by the domestic demand and exports to countries like the US and Europe. Also, the rise in manufacturing activities and infrastructure development will lead to the substantial growth of this market segment during the predicted period.
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Competitive landscape and key vendors
The global textile machinery is a competitive market and is primarily dominated by international players. In this market, the manufacturers are focusing on R&D activities to bring out innovative and efficient machinery, which would help reduce the overall operational cost. Furthermore, established players such as Trutzschler are setting up manufacturing centers in Asian countries due to the rising demand for textiles and the availability of low-cost labor in this region.
Leading vendors in the market are -
Itema
LMW
Murata
Trtzschler
Other prominent vendors in the market include Batliboi, Kirloskar Toyoda Textile Machinery, Benninger, Intertrad Group, Lonati, Mayer & Cie, Rieter, Santoni, Savio Macchine Tessili, and Navis Global.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global textile machinery market?
What are the key market trends impacting the growth of the textile machinery market?
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What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global textile machinery market?
Trending factors influencing the market shares of Asia, Europe, and the ROW.
What are the key outcomes of the five forces analysis of the textile machinery market?
Table of Content
PART 01:Executive summary
Highlights
PART 02:Scope of the report
Market overview
Top-vendor offerings
PART 03:Market research methodology
Research methodology
Economic indicators
PART 04:Introduction
Key market highlights
PART 05:Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06:Market segmentation by product
Market overview
Global spinning machinery market
Market size and forecast
Global texturing machinery market
Market size and forecast
Global weaving machinery market
Market size and forecast
Global knitting machinery market
Market size and forecast
Global finishing machinery market
Market size and forecast
PART 07:Geographical segmentation
Market segmentation by geography
Textile machinery market in Asia
Market size and forecast
Textile machinery market in Europe
Market size and forecast
Textile machinery market in ROW
Market size and forecast
PART 08:Key leading countries
Germany
China
Japan
Italy
PART 09:Market drivers
Increased textile machinery imports in Bangladesh
Rising demand for non-woven fabrics
Growing domestic demand from APAC countries
High demand from automotive and construction sectors
PART 10:Impact of drivers
PART 11:Market challenges
Operational issues faced by OEMs
Inconsistent power supply
Lack of skilled labor
Inability of manufacturers to meet consumer preferences
Growing demand for second-hand machinery
PART 12:Impact of drivers and challenges
PART 13:Market trends
Automation in textile machinery
Fiber manufacturing
Yarn manufacturing
Automation in weaving
Automation in dyeing
Growing popularity of spinning machinery in India
Overseas demand for Spanish machinery
PART 14:Vendor landscape
Competitive landscape
Other prominent vendors
PART 15:Key vendor analysis
Itema
Business overview
Itema in global textile machinery market
Key news
LMW
Business overview
LMW in global textile machinery market
Key news
Murata
Business overview
Murata in global textile machinery market
Truetzschler
Business overview
Trtzschler in global textile machinery market
Key news
PART 16:Appendix
List of abbreviation
PART 17:Explore Technavio
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