Press release
Spinning Machinery Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Spinning Machinery Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-spinning-machinery-market_p108755.html
Spinning machinery refers to machines which process (or spin) prepared fibers into workable yarn or thread. Spinning is one of the major sections of textile industry.
Scope of the Report:
Spinning industries provide yarn to the weaving industries, which provide fabric to the garment industries. The quality of yarn and fabrics greatly influences the quality of the garments. Quality yarn production greatly depends on machinery. The major players in spinning machinery manufacturing are Switzerland, Germany, Japan, Italy, China and India. However Spain, Belgium, Turkey, and France are growing their market share slowly. Switzerland is a master of finely engineered textile spinning machines.
Characterized by the presence of several spinning machine manufacturers, the market is speeding the concentration. The market’s competitive environment is intense and the leading players such as Rieter, Saurer, Murata Machinery, lakshmi machine works, and Trützschler currently dominate the market. Major vendors are currently focusing on improving their market shares by enhancing their presence across various geographies. Realizing the increased demand for textile and availability of low cost labor in emerging economies such as India, established players are currently focusing on expand their footprint in developing countries.
The most relevant spinning systems are ring spinning (c.65% market share), followed by rotor spinning (c.30% market share), and air-jet spinning (c.2%–5% market share). Exotic spinning principles such as friction spinning are not taken into account here as the utility is not very high.
The worldwide market for Spinning Machinery is expected to grow at a CAGR of roughly 6.5% over the next five years, will reach 5760 million US$ in 2024, from 4210 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Spinning Machinery 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
Saurer
Rieter
Murata Machinery
Toyota Textile Machinery
Trutzschler
Lakshmi Machine Works
JINGWEI
Savio Macchine Tessili
Zhejiang Taitan
Rifa
ATE
Marzoli Spinning Solutions
Chunrui Machinery
XinErfang
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
Ring Spinning
Rotor Spinning
Others
Market Segment by Applications, can be divided into
Synthetic Fibres
Plant Fibres
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-spinning-machinery-market_p108755.html
Related Information:
North America Spinning Machinery Market Growth 2019-2024
United States Spinning Machinery Market Growth 2019-2024
Asia-Pacific Spinning Machinery Market Growth 2019-2024
Europe Spinning Machinery Market Growth 2019-2024
EMEA Spinning Machinery Market Growth 2019-2024
Global Spinning Machinery Market Growth 2019-2024
China Spinning Machinery Market Growth 2019-2024
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