Global Industrial Sewing Machines Market to Incur Steady Growth During 2017 - 2027
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Industrial Sewing Machines Market: Segmentation
On the basis of product type, the global industrial sewing machines market can be segmented as follows:
Industrial Sewing Machines Market: Key Trends, Drivers
Manufacturing of products using industrial sewing machines has witnessed a shift from the developing countries in North America and Europe to the developing countries of the Asia Pacific region, as a result of low manufacturing cost alternatives provided by the latter. Hence, there has been a steady rise in demand for industrial sewing machines from the Asia Pacific region over the past.
High end industrial sewing machines are becoming a preferred choice for garment manufacturers as they save time and energy, and reduce complexity of the manufacturing process due to their enhanced features. Also, producing voluminous, high quality products with standardized precision in less time has been made possible through the application of these smart industrial sewing machines. For instance, specific models of industrial sewing machines display a maximum speed of 8,500 revolutions per minute.
This is expected to drive market growth for industrial sewing machines in the long run. The recent trend is that of seamless integration of electronics in industrial sewing machines to provide sophisticated features. This, in turn, has also been fostering the market growth of industrial sewing machines worldwide. Through technological innovations in recent times, more energy efficient, small, light and durable industrial sewing machines are expected to propel the global market growth, due to their attractive benefits. New developments in functionality, such as high powered motors, drawing tablets, multi-needle positioning, touchscreens, laser technologies and LED lighting are expected to provide more usage benefits, and hence drive the demand for industrial sewing machines in the near future.
It has been observed that automotive and textile industries, which have been growing at a considerable pace in recent times, would largely contribute to the growing demand of industrial sewing machines, along with other factors, such as rising global population, the rising middle and high income group population in developing countries, such as India and China. There has been a strong demand growth for apparels in Asia Pacific, thereby driving the demand for industrial sewing machines in the region, supported by relatively cheap labor vis-à-vis developed countries, along with attractive economic growth, and foreign investments. This trend is expected to continue in the near future.
As of now, a lot of models of industrial sewing machines involved in complex actions are computerized. Industrial sewing machines capable of automatically carrying out multiple tasks only with the press of a switch are being designed. Environment friendly features are being considered in the design of industrial sewing machines, such as reduced working noise and energy efficiency.
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Industrial Sewing Machines Market: Market Participants
Examples of some of the market participants identified across the value chain of the global industrial sewing machine market are as follows:
Brother Industries, Ltd.
PFAFF Industriesysteme und Maschinen GmbH
Bernina International AG
Juki India Private Limited
JACK Sewing Machine Co. Ltd.
Million Special Industries Co. Ltd.
Pegasus Sewing Machine Mfg. Co. Ltd.
Kaulin Mfg. Co. Ltd.
Seiko Sewing Machine Co. Ltd.
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