Automation in Textile Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, Pakistan, Germany - Size and Forecast 2024-2028
| Published: Dec 2023 | Pages: 165 | SKU: IRTNTR44254 |
Automation in Textile Market 2024-2028
The automation in textile market size is estimated to grow at a CAGR of 3.75% between 2023 and 2028. The market size is forecast to increase by USD 775.92 million. The growth of the market depends on several factors, including upgrading industrial facilities to improve energy efficiency, favorable government policies, and technological developments in the automation market for the textile industry.
The report includes a comprehensive outlook on the Automation Market in Textile industry, offering forecasts for the industry segmented by Component, which comprises field devices, control devices, and communication,. Additionally, it categorizes Solution into hardware and software, and services, and covers Regions, including APAC, Europe, North America, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
What will be the size of the Automation Market In Textile Industry During the Forecast Period?
Automation Market in Textile industry Forecast 2024-2028
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Automation Market in the Textile Industry Dynamics
Driver- Upgrading industrial facilities to improve energy efficiency
Many textile manufacturing facilities around the world are investing in improving efficiency by implementing automation solutions. This will help improve the operational functions and reduce costs. With the help of these solutions, it is possible to maintain the same quality throughout the year.
Moreover, the growing awareness among textile manufacturers about the benefits of automation is one of the major reasons for the upgrade of existing facilities, as these automation solutions help reduce the workforce required to complete a task, thereby reducing operational costs. This trend is expected to drive the growth of the global automation market in the textile industry during the forecast period.
Trends- Use of ERP solutions in textile manufacturing plants
Enterprise Resource Planning (ERP) is a software system that helps manage the entire business, supporting automation and processes in the fields of finance, human resources, production, supply chain, services, and purchasing. Enterprise resource planning solutions help coordinate between departments by improving communication and information exchange, thereby reducing the time taken for approvals. This helps improve the process efficiency of each department of textile manufacturing plants.
In addition, ERP solutions are mainly used in facilities to maintain and coordinate the functions between finance, production, procurement, supply, and warehouse departments. With efficient resource planning, the functions of each department can be run smoothly. Thus, such benefits are expected to register a growth of the global automation market in the textile industry during the forecast period.
Challenge- Lack of automation-compatible infrastructure in SMEs
Many small and medium-sized textile manufacturing units are yet to implement automation, mainly in developing countries, due to the changes required in the facility and the machinery used. The changes to be implemented in the facilities will result in additional costs, and the downtime during the implementation will directly affect the overall production. The need to alter the facilities to implement automation solutions requires additional space to accommodate standalone or centralized control stations, which is not feasible for SMEs.
Furthermore, another reason is the availability of low-cost labor in the SMEs in developing countries, which makes the textile manufacturing facilities rely on normal machinery for production as they find it economical. Thus, such factors are negatively affecting the adoption of automation solutions in SMEs, thus impeding the growth of the market during the forecast period.
Automation Market in Textile Industry Segmentation by Component, Solution, and Geography
Component Segment Analysis:
The market share growth by the field devices segment will be significant during the forecast period. Drives, motors, valves, and actuators are the field devices used in the textile industry, Each of these components has high importance in the industry for different purposes.
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The field devices segment was valued at USD 1,917.74 million in 2018. Field devices are the basic requirements for the textile industry, which is constantly upgrading the facilities to implement automation solutions. Many investments in the industrial sector are expected to create demand for field devices. The field devices segment had high demand during the base year as these are the devices that are used to control the functions of hardware components like motors, drives, valves, and actuators. The demand for these field devices is expected to grow, which will drive te automation in textile market growth during the forecast period.
Solution Segment Analysis
Based on solution, the market has been segmented into hardware and software, and services. The hardware?and software segment will account for the largest share of this segment.?The hardware segment has a higher demand as the number of hardware components required in the textile manufacturing industry is much higher than software applications. With the expected investments and developments within the textile industry, the demand for these products is expected to increase. Furthermore, textile manufacturers are expected to implement licensed software like HMI, which facilitates frequent updates provided by automation in textile market players, ensuring smooth functioning. Automation in the textile industry is growing. The level of automation over the past ten years has increased, and it is expected to increase further due to the growing demand which will further propel the market during the forecast period.
Regional Analysis
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APAC is estimated to contribute 44% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. APAC is the largest revenue-generating region mainly due to the demand from countries like China, India, and Bangladesh. Most of the textile manufacturing facilities in this region only have basic automation solutions, as the wages are comparatively low. The stable cotton prices have also helped manufacturers in planning production and predicting operation costs. This is the reason for higher investments in these regions, leading to higher growth in the automation in textile market.
Furthermore, favorable policies by the governments have also benefitted countries in this region. Such policies have led to an increase in investments, which will create demand for automation solutions in the textile industry. The growing awareness about return on investment among end-users in APAC has resulted in the upgrade of existing textile manufacturing facilities, which will create demand for automation products and services during the forecast period.
Who are the Major Automation Market in Textile industry Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
- ABB Ltd.: The company offers automation and electrification solution in textile industry for cellulosic textiles which are created by issolving natural materials such as cellulose which is then regenerated to create a wide range of fabrics.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
ATE Pvt. Ltd., Baumuller Nurnberg GmbH, BrainChild Electronic Co. Ltd., CLD Automation, Cotmac Electronics Pvt. Ltd., Delta Electronics Inc., Festo SE and Co. KG, Hitachi Ltd., Honeywell International Inc., KUKA AG, Lenze SE, Niagara Automations, Parker Hannifin Corp., Rockwell Automation Inc., SAURER AG, Schneider Electric SE, SIEGER SPINTECH EQUIPMENTS Pvt. Ltd., Siemens AG, and Yaskawa Electric Corp.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
Segment Overview
The automation market in textile industry report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Component Outlook
- Field devices
- Control devices
- Communication
- Solution Outlook
- Hardware and software
- Services
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Automation Market In Textile Industry Scope |
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Report Coverage |
Details |
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Page number |
165 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.75% |
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Market Growth 2024-2028 |
USD 775.92 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
2.96 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 44% |
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Key countries |
US, China, India, Pakistan, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., ATE Pvt. Ltd., Baumuller Nurnberg GmbH, BrainChild Electronic Co. Ltd., CLD Automation, Cotmac Electronics Pvt. Ltd., Delta Electronics Inc., Festo SE and Co. KG, Hitachi Ltd., Honeywell International Inc., KUKA AG, Lenze SE, Niagara Automations, Parker Hannifin Corp., Rockwell Automation Inc., SAURER AG, Schneider Electric SE, SIEGER SPINTECH EQUIPMENTS Pvt. Ltd., Siemens AG, and Yaskawa Electric Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Automation Market In Textile Industry Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the automation market in textile industry between 2024 and 2028
- Precise estimation of the automation market in the textile industry size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of automation market in textile industry companies
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Solution
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global automation market in textile industry 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global automation market in textile industry 2018 - 2022 ($ million)
- 4.2 Component Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Component Segment 2018 - 2022 ($ million)
- 4.3 Solution Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Solution Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Component - Market share 2023-2028 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Field devices - Market size and forecast 2023-2028
- Exhibit 34: Chart on Field devices - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Field devices - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Field devices - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Field devices - Year-over-year growth 2023-2028 (%)
- 6.4 Control devices - Market size and forecast 2023-2028
- Exhibit 38: Chart on Control devices - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Control devices - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Control devices - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Control devices - Year-over-year growth 2023-2028 (%)
- 6.5 Communication - Market size and forecast 2023-2028
- Exhibit 42: Chart on Communication - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Communication - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Communication - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Communication - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Component
- Exhibit 46: Market opportunity by Component ($ million)
- Exhibit 47: Data Table on Market opportunity by Component ($ million)
7 Market Segmentation by Solution
- 7.1 Market segments
- Exhibit 48: Chart on Solution - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Solution - Market share 2023-2028 (%)
- 7.2 Comparison by Solution
- Exhibit 50: Chart on Comparison by Solution
- Exhibit 51: Data Table on Comparison by Solution
- 7.3 Hardware and software - Market size and forecast 2023-2028
- Exhibit 52: Chart on Hardware and software - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Hardware and software - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Hardware and software - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Hardware and software - Year-over-year growth 2023-2028 (%)
- 7.4 Services - Market size and forecast 2023-2028
- Exhibit 56: Chart on Services - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Services - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Services - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Services - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Solution
- Exhibit 60: Market opportunity by Solution ($ million)
- Exhibit 61: Data Table on Market opportunity by Solution ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 India - Market size and forecast 2023-2028
- Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.10 US - Market size and forecast 2023-2028
- Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Pakistan - Market size and forecast 2023-2028
- Exhibit 103: Chart on Pakistan - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on Pakistan - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on Pakistan - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Pakistan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 ABB Ltd.
- Exhibit 115: ABB Ltd. - Overview
- Exhibit 116: ABB Ltd. - Business segments
- Exhibit 117: ABB Ltd. - Key offerings
- Exhibit 118: ABB Ltd. - Segment focus
- 12.4 ATE Pvt. Ltd.
- Exhibit 119: ATE Pvt. Ltd. - Overview
- Exhibit 120: ATE Pvt. Ltd. - Product / Service
- Exhibit 121: ATE Pvt. Ltd. - Key offerings
- 12.5 Baumuller Nurnberg GmbH
- Exhibit 122: Baumuller Nurnberg GmbH - Overview
- Exhibit 123: Baumuller Nurnberg GmbH - Product / Service
- Exhibit 124: Baumuller Nurnberg GmbH - Key offerings
- 12.6 CLD Automation
- Exhibit 125: CLD Automation - Overview
- Exhibit 126: CLD Automation - Product / Service
- Exhibit 127: CLD Automation - Key offerings
- 12.7 Delta Electronics Inc.
- Exhibit 128: Delta Electronics Inc. - Overview
- Exhibit 129: Delta Electronics Inc. - Business segments
- Exhibit 130: Delta Electronics Inc. - Key offerings
- Exhibit 131: Delta Electronics Inc. - Segment focus
- 12.8 Festo SE and Co. KG
- Exhibit 132: Festo SE and Co. KG - Overview
- Exhibit 133: Festo SE and Co. KG - Product / Service
- Exhibit 134: Festo SE and Co. KG - Key offerings
- 12.9 Hitachi Ltd.
- Exhibit 135: Hitachi Ltd. - Overview
- Exhibit 136: Hitachi Ltd. - Business segments
- Exhibit 137: Hitachi Ltd. - Key news
- Exhibit 138: Hitachi Ltd. - Key offerings
- Exhibit 139: Hitachi Ltd. - Segment focus
- 12.10 Lenze SE
- Exhibit 140: Lenze SE - Overview
- Exhibit 141: Lenze SE - Product / Service
- Exhibit 142: Lenze SE - Key offerings
- 12.11 Parker Hannifin Corp.
- Exhibit 143: Parker Hannifin Corp. - Overview
- Exhibit 144: Parker Hannifin Corp. - Business segments
- Exhibit 145: Parker Hannifin Corp. - Key news
- Exhibit 146: Parker Hannifin Corp. - Key offerings
- Exhibit 147: Parker Hannifin Corp. - Segment focus
- 12.12 Rockwell Automation Inc.
- Exhibit 148: Rockwell Automation Inc. - Overview
- Exhibit 149: Rockwell Automation Inc. - Business segments
- Exhibit 150: Rockwell Automation Inc. - Key news
- Exhibit 151: Rockwell Automation Inc. - Key offerings
- Exhibit 152: Rockwell Automation Inc. - Segment focus
- 12.13 SAURER AG
- Exhibit 153: SAURER AG - Overview
- Exhibit 154: SAURER AG - Product / Service
- Exhibit 155: SAURER AG - Key offerings
- 12.14 Schneider Electric SE
- Exhibit 156: Schneider Electric SE - Overview
- Exhibit 157: Schneider Electric SE - Business segments
- Exhibit 158: Schneider Electric SE - Key news
- Exhibit 159: Schneider Electric SE - Key offerings
- Exhibit 160: Schneider Electric SE - Segment focus
- 12.15 SIEGER SPINTECH EQUIPMENTS Pvt. Ltd.
- Exhibit 161: SIEGER SPINTECH EQUIPMENTS Pvt. Ltd. - Overview
- Exhibit 162: SIEGER SPINTECH EQUIPMENTS Pvt. Ltd. - Product / Service
- Exhibit 163: SIEGER SPINTECH EQUIPMENTS Pvt. Ltd. - Key offerings
- 12.16 Siemens AG
- Exhibit 164: Siemens AG - Overview
- Exhibit 165: Siemens AG - Business segments
- Exhibit 166: Siemens AG - Key news
- Exhibit 167: Siemens AG - Key offerings
- Exhibit 168: Siemens AG - Segment focus
- 12.17 Yaskawa Electric Corp.
- Exhibit 169: Yaskawa Electric Corp. - Overview
- Exhibit 170: Yaskawa Electric Corp. - Business segments
- Exhibit 171: Yaskawa Electric Corp. - Key offerings
- Exhibit 172: Yaskawa Electric Corp. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 173: Inclusions checklist
- Exhibit 174: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 175: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 176: Research methodology
- Exhibit 177: Validation techniques employed for market sizing
- Exhibit 178: Information sources
- 13.5 List of abbreviations
- Exhibit 179: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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automation market in textile industry market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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