The Spinning Machinery market was valued at 4210 Million US$ in 2018 and is projected to reach 6620 Million US$ by 2025, at a CAGR of 6.7% during the forecast period.
Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Spinning industries provide yarn to the weaving industries, which provide fabric to the garment industries. The quality of yarn and fabrics greatly influences the quality of the garments. Quality yarn production greatly depends on machinery. The major players in spinning machinery manufacturing are Switzerland, Germany, Japan, Italy, China and India. However Spain, Belgium, Turkey, and France are growing their market share slowly. Switzerland is a master of finely engineered textile spinning machines.
Characterized by the presence of several spinning machine manufacturers, the market is speeding the concentration. The market's competitive environment is intense and the leading players such as Rieter, Saurer, Murata Machinery, lakshmi machine works, and Trützschler currently dominate the market. Major vendors are currently focusing on improving their market shares by enhancing their presence across various geographies. Realizing the increased demand for textile and availability of low cost labor in emerging economies such as India, established players are currently focusing on expand their footprint in developing countries.
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The most relevant spinning systems are ring spinning (c.65% market share), followed by rotor spinning (c.30% market share), and air-jet spinning (c.2%–5% market share). Exotic spinning principles such as friction spinning are not taken into account here as the utility is not very high.
The Spinning Machinery market was valued at 4210 Million US$ in 2018 and is projected to reach 6620 Million US$ by 2025, at a CAGR of 6.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Spinning Machinery.
This study focuses on the production side and consumption side of Spinning Machinery, presents the global Spinning Machinery market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.
In terms of production side, this report researches the Spinning Machinery capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Spinning Machinery by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers; we can also add the other companies as you want.
Toyota Textile Machinery
Lakshmi Machine Works
Savio Macchine Tessili
Marzoli Spinning Solutions
Spinning Machinery Market Segment by Product Type
Spinning Machinery Market Segment by Application
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