Global Robotics Market in the Textile Industry 2017-2021
- Published: Nov 2017
- Pages: 70
- SKU: IRTNTR14727
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This industry research report identifies ABB, Dematic Egemin, Neuenhauser Maschinenbau, Sewbo, SoftWear Automation, and Universal Robots as the key vendors in the global robotics market in the textile industry. This industry research report also presents a comprehensive analysis of the market by application (logistics and transportation, material handling, sewing, and other) and by geography (the Americas, APAC, and EMEA).
Overview of the global robotics market in the textile industry
Technavio’s market research study has identified the miniaturization of sensors as one of the primary factors that will have a positive impact on the growth of the robotics market in the textile industry during the next few years. Influenced by the growth of the smartphone industry, the miniaturization of sensors, has reduced the cost of smartphones and the hardware costs for robots. Since robots use advanced and complex sensors, technological advancements and the growth of the sensor and camera industries, will have a significant impact on the development of robots. This will in turn, fuel the growth of this global market, which according to our market research analysts, will grow steadily at a CAGR of almost 22% by 2021.
The rise in the adoption of industrial robots by SMEs will be one of the key trends that will gain traction in the robotics market in the textile industry in the coming years. Owing to the growing trend of outsourcing most manufacturing operations to emerging economies with low labor costs, small and medium enterprises (SMEs) are steadily adopting robots to remain competitive. They are increasingly focusing on automating their manufacturing plants and initiatives form the governments of these economies are also supporting the growth of SMEs. For instance, SMErobotics is already focusing on installing cognitive skills in co-bots to learn new skills and interact with co-workers, without hampering their productivity.
Competitive landscape and key vendors
The robotics market in the textile industry is moderately populated with the presence of several established international and regional vendors. The competition among the players is intense and it is mainly based on factors such as product features, price, customized solutions, and services offered. Owing to R&D innovations, new product launches, and the entry of new players, the competitive environment among the players in this automation market in the textile industry will further intensify in the coming years.
The leading vendors in the market are
- Dematic Egemin
- Neuenhauser Maschinenbau
- SoftWear Automation
- Universal Robots
The other prominent vendors in the market are Adept MobileRobots, Balyo, BA Systèmes, Bastian Solutions, DF Automation and Robotics, Fanuc, KUKA, Lone Star Automated Systems, READY Robotics, Rethink Robotics, Seegrid, Smart Robotics, Stäubli, Suzhou Industrial Park AGV Technologies, Transbotics, and Yaskawa Motoman.
Segmentation by application and analysis of the robotics market in the textile industry
- Logistics and transportation
- Material handling
Robots are primarily used in the textile industry for logistics and transportation applications for the transportation of products such as rolls and bobbins. Applications such as storage and transfer of goods and loading and unloading of material demands the usage of carrier type, fork type, tow type, and mobile manipulation type automated guided vehicle (AGVs). According to our analysis, the logistics and transportation segment accounted for the maximum share of this automation market in the textile industry during 2016.
Geographical segmentation and analysis of the robotics market in the textile industry
APAC will be the major revenue contributor to the robotics market in the textile industry owing to the rise in infrastructure development and the growth of the manufacturing industry in this region. The introduction of favorable government legislations will further influence the demand for robots in the textile industries in this region. The presence of several established robot manufacturers and OEMs in countries such as South Korea, China, Taiwan, and India will also contribute to the growth of this automation market in the textile industry in APAC.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global robotics market in the textile industry?
- What are the key market trends impacting the growth of the global robotics market in the textile industry?
- What are the challenges to market growth?
- Who are the key vendors in the global robotics market in the textile industry?
- What are the market opportunities and threats faced by the vendors in the global robotics market in the textile industry?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global robotics market in the textile industry?
Technavio also offers customization on reports based on specific client requirement.
Our market research reports for the industrial automation industry follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like robotics. This upcoming industry research report on the global robotics market in the textile industry offers insights into the major trends and developing drivers inducing the growth of the robotics industry.
The market research experts at Technavio takes into account the market forecast, market size, and increasing demand for various robotics products and services and offers an all-inclusive picture of the global robotics market in the textile industry for the estimated period of 2017-2021. Additionally, our research practices help clients develop active growth strategies and keep pace with the frequently changing market landscape. This upcoming market research report on the global robotics market in the textile industry also covers vendors like FISCHER AUTOMATION, Henderson, SoftWear Automation, and Staubli.
The upcoming industry research report for global robotics market in the textile industry also categorizes the key drivers, major trends, as well as the restraints that the robotics sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the industrial automation industry. Technavio also provides exclusive market assessments into the sectors such as automation.
Our market research methodology for the robotics market in the textile industry
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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