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Weaving Machine Market Share

Report ID: GMI12659
Published Date: Dec 2024
Report Format: PDF

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Weaving Machine Market Share

Global Weaving Machine Company Market Share Analysis (2023)

The global weaving machine industry is moderately fragmented, with prominent players, such as Picanol, Toyota, Stabuli, Dornier, Itema holding a market share of ~30-35%.

The industry's competitive landscape is characterized by a strong emphasis on technological innovation, with manufacturers vying to develop advanced weaving machines that offer superior speed, energy efficiency, and versatility. To distinguish themselves in the market, companies are increasingly focusing on incorporating automation, digitalization, and sustainability features into their products. Furthermore, manufacturers are enhancing their competitive position by offering comprehensive after-sales service and maintenance packages, recognizing the importance of ongoing support in customer retention and satisfaction. This multifaceted approach to competition reflects the industry's evolving demands and the growing sophistication of weaving technology.

Weaving Machine Market Companies

Major players operating in the weaving machine industry are:

Dornier
Fong’s National Engineering
Itema
KARL MAYER
Laxmi Group
Lohia Corp Limited
Nisshinbo Industries
Picanol
RIFA
Saurer Group
Staubli
Toyota Industries Corporation
Vamatex
Weaving Machinery Solutions
Zhejiang Hengtai

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for weaving machine was reached USD 6.4 billion in 2023 and is projected to grow at a 4.4% CAGR from 2024 to 2032, driven by the rising demand for high-performance textiles across industries like automotive and fashion.

The shuttle-less machines segment was valued at USD 3.1 billion in 2023 and is expected to grow at a 4.2% CAGR from 2024 to 2032, as these machines offer superior speed, fabric quality, and operational efficiency compared to traditional shuttle machines.

The direct distribution channel held approximately 65% of the market share in 2023 and is anticipated to grow at a 4.5% CAGR from 2024 to 2032, as manufacturers increasingly focus on direct customer relationships to enhance delivery control and provide tailored solutions.

The U.S. weaving machine market exceeded USD 1.2 billion in 2023 and is expected to grow at a 4.4% CAGR through 2032, supported by advancements in textile manufacturing, automation, and the demand for high-performance fabrics in industries like automotive and home textiles.

Key players in the weaving machine industry include Dornier, Fong’s National Engineering, Itema, KARL MAYER, Laxmi Group, Lohia Corp Limited, Nisshinbo Industries, Picanol, RIFA, Saurer Group, Staubli, Toyota Industries Corporation, Vamatex, Weaving Machinery Solutions, and Zhejiang Hengtai.