Press release
Braiding Machine Market Research Report- Opportunities & Challenges in Near Future by with Different Segments, Forecast- 2025
The objectives of this study are as follows:
• To define, describe, and forecast the "Braiding Machine" market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Braiding Machine Market: Introduction
A braiding machine is a type of device used to interweave or knit three or more strands of a material in order to form a rope-type structure. The strands are made of synthetic or natural yarns, leather tapes and metal wires and interleaved so as to form covered power cords, rope reinforced hoses, etc. The braiding process of the braiding machine includes twirling strands of fiber into a bunch of yarn, then two or more yarns are warped together so as to form another strand, which is then coiled against reels or cylinder. The reels or cylinder (bobbins) are mounted on a carrier, which is connected to the braiding machine to finally make a braided yarn.
A braiding machine is used in various sectors, such as marine, electrical and textile for numerous applications, such as shipbuilding, port operations, cables, decorative ropes, elastic ropes, belts and clothing. These braided ropes are able to handle high pressure as they are magnetically shielded wires/ropes/pipes or cables.
Additionally, a braiding machine offers various advantages, such as compact sizing, requires small storage, and less inventory cost. Also, a braiding machine is easy to install, is tamperproof, generates negligible vibration, and requires no fitting. However, braiding machines have some disadvantages as well, such as high cost of assembly and expensive raw materials. Further, braiding machines are incapable of binding certain materials, such as stones and seeds.
Braiding Machine Market: Dynamics
The final braided structure made by a braiding machine has various benefits. It is flame retardant, more flexible, provides good expandability and abrasion resistance. These favorable aspects are driving the demand for braiding machines at a global level. Additionally, the braided structure provides an efficient load distribution over the braided structure, which enhances its resistance. Such properties of braided structures make them attractive for use in various industries, such as aerospace, which in turns surges the demand for braiding machines. However, the high installation and raw material cost of these machines will restraint the global braiding machine market.
Braiding Machine Market: Segmentation
• Segmentation of the braiding machine market on the basis of the product type:
• Maypole Braiders
• Horn Gear Braider (Square Braider)
• Wardwell Rapid Braider
• Track and Column Braider
• Segmentation of the braiding machine market on the basis of the end use industry:
• Marine Sector (shipbuilding, port operations, etc.)
• Electrical Industry (high pressure and magnet shielding wires and pipes, cables, etc.)
• Textile Industry (decorative ropes and belts, shoelace, elastic ropes and belts, cloth, etc.)
Braiding Machine Market: Regional Outlook
Asia Pacific will be a significant market for braiding machines over the forecast period. The Asia Pacific braiding machine market accounted for over 30% of the overall global revenue share in 2016 and is estimated to witness a significant growth over the next decade, attributing to the increasing demand for braided cables and wires from the electrical and aerospace industries as braided cables and wires are in high demand, owing to their extraordinary physical properties. Additionally, the market in Europe will grow with a moderate rate, owing to the presence of mature markets in this region. However, North America is expected to be a potential and emerging market, owing to the increasing industrialization and modernization in the region. Similarly, Latin America will witness a high growth rate in the market and the Middle East and Africa region is expected to follow the same growth trend.
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Braiding Machine Market: Market Participants
Examples of some of the market participants in the braiding machine market identified across the value chain are Herzog S, Airbus, Cobra Braids, NIEHOFF Schwabach, OMA, Spirka Schnellflechter GmbH, Mayer Industries Inc., Steeger USA, L & P Machine Co, Knitting Machinery Corp, Lamb Knitting Machine Corp., Atlanta Attachment Co., Inc, BeA Fasteners USA, Inc., Wardwell Co, Tompkins USA, Gladding Braided Products, Inc., Gauder Group, Inc. (GGI), Windmill Associates, Inc., Kinney Industries, Inc., etc.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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