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[June 08, 2014]
Textile Machinery Market to Grow at 14.02% CAGR from 2014 to 2018 Says a New Research Report at Sandlerresearch.org
(PR Web Via Acquire Media NewsEdge) Dallas, Texas (PRWEB) June 08, 2014 One of the major trends in the Global Textile Machinery market is the growing number of technological innovations. For example, knitting machines with reduced environmental impact have been in huge demand in Europe for the past few years. This demand has been driven by the number of environmental pollution control norms implemented in recent years. Also, various machinery has been developed that has a higher output efficiency compared to the older and more traditional machines. The emergence of these innovations is a major trend that could have a positive impact on the market over the next few years.
Analysts forecast the Global Textile Machinery market will grow at a CAGR of 14.02 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the growth in the Automotive and Residential Construction industries as textiles are mainly used in the manufacture of upholstery in homes and vehicles.
The Global Textile Machinery market can be divided into four segments: Spinning Machinery, Weaving Machinery, Texturing Machinery, and Knitting Machinery.
Global Textile Machinery Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Asia, Europe, and the ROW; it also covers the Global Textile Machinery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The following companies as the key players in Global Textile Machinery Market: Itema Holding SpA, Lakshmi Machine Works Ltd., Truetzschler GmbH & Co. KG , Batliboi Ltd, Benninger AG, Intertrad Group, Kirloskar Toyoda Textile Machinery Pvt. Ltd, Lonati SpA, Mayer & CieGmbH & Co. KG, Murata Machinery Ltd., Navis Global , Rieter AG, Santoni SpA, Savio Macchine Tessili SpA, TMT Machinery Inc. , Voltas Ltd, West Point Foundry and Machine Co., Willy Grob AG.
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Key Market Driver • Growth of Automotive and Residential Construction Industry. Key Market Challenge • Highly Volatile Market. Key Market Trend • Emergence of Technological Innovations. Further, the report states that despite the presence of several drivers, the growth of the Global Textile Machinery market is curtailed by certain challenges, including high market volatility. Dynamic and unexpected changes in the market pose a huge threat for vendors. Key Questions Answered in this Report • What will the market size be in 2018 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? Table of Contents 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Market Segmentation by Product 08. Geographic Segmentation 09. Buying Criteria 10. Market Growth Drivers 11. Drivers and their Impact 12. Market Challenges 13. Impact of Drivers and Challenges 14. Market Trends 15. Trends and their Impact 16. Vendor Landscape 17. Key Vendor Analysis 18. Other Reports in this Series List of Exhibits: Exhibit 1: Market Research Methodology Exhibit 2: Global Textile Machinery Market 2013-2018 (Unit Shipment in million) Exhibit 3: Global Textile Machinery Market by Spinning Machineries 2013-2018 (Unit Shipment in million) Exhibit 4: Global Textile Machinery Market by Short staple spindles 2013-2018 (Unit Shipment in million) Exhibit 5: Global Textile Machinery Market by Open End Rotors 2013-2018 (Unit Shipment in million) Exhibit 6: Global Textile Machinery Market by Texturing Machineries 2013-2018 (Unit Shipment in million) Exhibit 7: Global Textile Machinery Market by Weaving Machineries 2013-2018 (Unit Shipment in million) Exhibit 8: Global Textile Machinery Market by Knitting Machineries 2013-2018 (Unit Shipment in million) Exhibit 9: Global Textile Machinery market by Geographic Segmentation 2013 Explore reports on Manufacturing Market.
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