Press release
Tufting Machine Market Size, Share, Development by 2024
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A tufting machine is essentially a huge sewing machine with hundreds of needles that insert loops of yarn into the primary backing. Yarn is fed from a creel, one tube of yarn for each needle, and threaded through the needles. The tufting machine is set up to produce level loop, multi-level loop, cut pile, and cut and loop pile structures. A tufting machine is like a big sewing machine
Scope of the Report:
In the coming years there is an increasing demand for Tufting Machine that is expected to drive the market for more advanced Tufting Machine. Growth in government budgets in the principal countries, increasing of transportation fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Tufting Machine will drive growth in the United States market.
The Tufting Machine industry market is concentrated as the manufacturing technology of Tufting Machine is relatively matures than some high-tech equipment. And some enterprises, like Tuftco, CMC, Cobble are well-known for the wonderful performance of their Tufting Machine and related services. Top 3 manufacturers occupied about 85% United States market share in 2017, is remarkable in the Tufting Machine industry because of their market share and technology status of Tufting Machine.
The worldwide market for Tufting Machine is expected to grow at a CAGR of roughly x% over the next five years, will reach x million US$ in 2024, from x million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Tufting Machine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Tuftco
CMC
Cobble
Yamaguchi Sangyo
NAKAGAWA
Guangzhou Dayang
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
PACAS Tufting Machine
GATRY Tufting Machine
Market Segment by Applications, can be divided into
Carpets
Artificial Grass
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-tufting-machine-market_p108542.html
Related Information:
North America Tufting Machine Market Growth 2019-2024
United States Tufting Machine Market Growth 2019-2024
Asia-Pacific Tufting Machine Market Growth 2019-2024
Europe Tufting Machine Market Growth 2019-2024
EMEA Tufting Machine Market Growth 2019-2024
Global Tufting Machine Market Growth 2019-2024
China Tufting Machine Market Growth 2019-2024
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