About textile machinery
The textile and apparel industry plays a significant role in determining the strength of an economy. The value chain of this industry includes primary activities, such as designing, procurement, production, logistics, marketing, and aftersales services. Textile machinery refers to a wide range of equipment used in different stages of manufacturing. Various equipment used in the manufacture of textile are: spinning, weaving, texturing, knitting, and finishing. Textile machinery plays a vital role in carrying out design, production, and packaging operations in the value chain.
Technavio's analysts forecast the global textile machinery market to grow at a CAGR of 13.35% over the period 2014-2019.
Covered in this report
The report includes the present scenario and growth prospects of the global textile machinery market for the period 2015-2019. The market can be segmented into five: spinning, weaving, texturing, knitting, and finishing.
Technavio's report, Global Textile Machinery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in Asia and Europe; it also covers the landscape of the global textile machinery market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Key regions
• Asia
• Europe
Key vendors
• Itema Holding
• Lakshmi Machine Works
• Murata Machinery
• Truetzschler
Other prominent vendors
• Batliboi
• Benninge
• Intertrad Group
• Kirloskar Toyoda Textile Machinery
• Lonati
• Mayer & Cie
• Navis Global
• Rieter
• Santoni
• Savio Macchine Tessili
Market driver
• Rising demand from automobile industry
• For a full, detailed list, view our report
Market challenge
• Lack of skilled labor
• For a full, detailed list, view our report
Market trend
• Increased use of nanotechnology in textile production
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this 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 key vendors?
• What are the strengths and weaknesses of the key vendors?