Textile Machinery Global Market Key Players – Itema, LMW, Murata, Trützschler, Benninger - Analysis and Forecast to 2021

Textile Machinery Market 2017

The 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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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.

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
• Trützschler

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?
• 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?

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Table of Contents –Analysis of Key Points

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
PART 07:Geographical segmentation
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
..…..Continued

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This release was published on openPR.