Loom Machine Market to Reach USD 7.64 Billion by 2030

◆ Loom Machine Market Set to Reach USD 7.64 Billion by 2030, Growing at a CAGR of 6.3%

The global loom machine market was valued at USD 4.98 billion in 2023 and is projected to reach USD 7.64 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.3% during the forecast period. This growth is driven by technological advancements, increasing demand for high-quality fabrics, and the modernization of textile manufacturing processes worldwide. ​

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Vietnam: Loom Machine Growth in Vietnam

Vietnam's textile industry is experiencing significant growth, leading to increased demand for modern loom machines. The government's initiatives to modernize the textile sector and the availability of skilled labor are attracting investments in advanced weaving technologies. Companies like Haijia Machinery are expanding their presence in Vietnam to cater to this growing demand.​

Thailand: Loom Machine Opportunities in Thailand

Thailand's strategic location and robust textile industry make it a key player in the loom machine market. The country's focus on sustainable textile production and the adoption of automation are driving the demand for advanced loom machines. International companies are increasingly entering the Thai market to capitalize on these opportunities.​

Japan: Loom Machine Trends in Japan

Japan continues to lead in loom machine technology, with companies like TSUDAKOMA Corp. and Murata Machinery Ltd at the forefront of innovation. The country's emphasis on precision and quality in textile production drives the demand for high-performance loom machines. Recent developments include the introduction of IoT-enabled looms for enhanced efficiency and maintenance.​

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South Korea: Loom Machine Consolidation in South Korea

South Korea's loom machine market is witnessing consolidation, with major players acquiring smaller firms to expand their product portfolios and market reach. The government's support for the textile industry and the push towards Industry 4.0 are accelerating this trend. Companies like Picanol Group are leading these consolidation efforts.​

Singapore: Loom Machine Updation in Singapore

Singapore's focus on becoming a global textile hub is driving the modernization of its loom machine market. The adoption of smart looms and automation technologies is enhancing production efficiency. Collaborations between local firms and international equipment manufacturers are fostering innovation in the sector.​

United States: Loom Machine Market Growth in the U.S.

The U.S. loom machine market is expanding, driven by the resurgence of domestic textile manufacturing and the demand for high-quality fabrics. Companies like Toyota Industries Corporation and Sulzer Ltd are investing in the U.S. market, providing advanced weaving solutions to meet the growing demand.​

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Europe: Loom Machine Market Trends in Europe

Europe's loom machine market is characterized by a shift towards sustainable and automated textile production. Countries like Germany and Italy are leading the adoption of advanced loom technologies. Key players such as Lindauer DORNIER GmbH and Stäubli International AG are introducing innovative solutions to cater to the evolving market needs.​

◆ Loom Machine Market Key Recent Developments

Toyota Industries Corporation has unveiled a new range of air jet looms equipped with IoT capabilities, enhancing operational efficiency and predictive maintenance.​

TSUDAKOMA Corp. introduced a high-speed rapier loom designed for technical textiles, expanding its product portfolio to cater to diverse industry needs.​

Haijia Machinery expanded its manufacturing facility in Vietnam to meet the increasing demand for modern loom machines in Southeast Asia.​

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◆ Loom Machine Market Segmentation:

by Type

Air Jet Loom
Water Jet Loom
Rapier Loom
Missile Loom
Multiphase Loom
Projectile Loom

by Operation

Manual
Semi-automatic
Automatic

by Application

Natural Fiber Industry
Chemical Fiber Industry
Other

◆ Loom Machine Market, Key Players

1. Toyota Industries Corporation
2. Amar Jacquard
3. TSUDAKOMA Corp.
4. Lindauer DORNIER GmbH
5. Haijia Machinery
6. Van de Wiele
7. Staubli International AG.
8. SMIT
9. Rifa Textile Machinery
10. Jingwei Textile Machinery

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