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Weaving Machine Market Trends

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

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Weaving Machine Market Trends

Several key trends are shaping the evolution of the weaving machine industry. There is a notable shift towards increased automation to boost productivity, alongside a growing emphasis on energy-efficient models. The integration of digital technologies, such as the Internet of Things (IoT) and Artificial Intelligence (AI), is becoming more prevalent. Manufacturers are prioritizing the development of machines that reduce operational costs while simultaneously increasing production speeds. Additionally, there is a rising demand for sustainable and environmentally friendly equipment, with many companies adopting technologies that minimize waste and energy consumption. These trends collectively reflect the industry's response to changing market demands and growing environmental concerns, signaling a transformation in the weaving machine sector towards more efficient, sustainable, and technologically advanced solutions.

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.