The Global Automation in Textile Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Research analysis on the global automation market in textile industry identifies that the availability of favorable government policies will be one of the major factors that will have a positive impact on the growth of the market. Countries like India are key revenue generators for the global textile industry. Owing to favorable government policies, there are several investments and developments in this industrial sector, which will have a positive impact on the automation market. These policies are beneficial for the growth of the industry and drive the automation of processes, in turn, increasing the demand for field, control, and communication devices. India is already allowing 100% FDI in the textile industry under the automatic route. Industries listed under the automatic route need no approval from the Reserve Bank of India or the Government of India for any investments. Such favorable policies will attract investments in this sector and create a demand for automation products and services in the textile industry.
Scope of the Report:
The automation market in the textile industry is fragmented and has the presence of numerous players who offer various products and services. The rapid developments in the textile industry have led to improvements in product offerings by vendors with superior quality solutions to customers. The vendors are also offering licensing options that allows end-users to reduce the cost of initial investments.
In terms of geographic regions, Asia will be the major revenue contributor to the automation market in the textile industry throughout the forecast period. The rise in demand from countries like China, India, and Bangladesh and the availability of favorable government policies, will drive the growth of the market in the region. Additionally, the increase in investments in the textile industry will also fuel the market’s growth in the region.
The worldwide market for Automation in Textile is expected to grow at a CAGR of roughly 6.0% over the next five years, will reach 2520 million US$ in 2024, from 1890 million US$ in 2019.
This report focuses on the Automation in Textile in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- ABB
- Festo
- Rockwell Automation
- Schneider Electric
- Siemens
- Beckhoff
- Bosch Rexroth
- Brainchild
- Danfoss
- General Electric
- Honeywell International
- Lenze
- Parker Hannifin
- Rotork
- Yokogawa Electric
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Field Devices
- Control Devices
- Communication
Market Segment by Applications, can be divided into
- Hardware and software
- Services
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automation in Textile product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Automation in Textile, with price, sales, revenue and global market share of Automation in Textile in 2017 and 2018.
Chapter 3, the Automation in Textile competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automation in Textile breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Automation in Textile market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Automation in Textile sales channel, distributors, customers, research findings and conclusion, appendix and data source.