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Weaving Machine Market Size

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

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Weaving Machine Market Size

The global weaving machine market was valued at USD 6.4 billion in 2023 and is anticipated to register a CAGR of over 4.4% between 2024 and 2032 driven by the escalating demand for high-performance textiles. Industries such as automotive, sportswear, and fashion are increasingly seeking sophisticated fabrics that offer superior strength, flexibility, and design capabilities.

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Technological advancements in automation and digitalization are revolutionizing industry. The integration of smart technologies, including the Internet of Things (IoT) and Artificial Intelligence (AI), has resulted in more automated weaving machines. These innovations enable manufacturers to optimize production processes, reduce labor costs, and minimize errors. Consequently, productivity has improved, meeting the growing demand for faster and more efficient textile production. These technological advancements, coupled with the increasing need for high-performance textiles, are collectively fostering robust market growth.

Weaving Machine Market Report Attributes
Report Attribute	Details
Base Year:	2023
Weaving Machine Market Size in 2023:	USD 6.4 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	4.4%
2032 Value Projection:	USD 9.4 Billion
Historical Data for:	2021 - 2023
No. of Pages:	225
Tables, Charts & Figures:	49
Segments covered:	Type, Operation Type, Usage, Distribution Channel, Region
Growth Drivers:	Technological advancements in automation Rising demand for customized fabrics Increased production efficiency and speed Expansion of end-use industries (automotive, fashion, etc.)
Pitfalls & Challenges:	High initial investment costs Fluctuating raw material prices

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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.