MRO Magazine

Global Textile Machinery Market 2016-2020 With Itema, LMW, Murata & Trutzschler Dominating


January 8, 2016
By PRN NewsWire

DUBLIN, January 8, 2016 /PRNewswire/ —

Research and Markets (http://www.researchandmarkets.com/research/j9z5fb/global_textile) has announced the addition of the “Global Textile Machinery Market 2016-2020” [http://www.researchandmarkets.com/research/j9z5fb/global_textile ] report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The report predicts the global textile machinery market to grow at an impressive CAGR of nearly 11% by 2020.

Monitoring of fiber diameter, polymer properties, and temperature and tension control are some of the crucial parameters required to maintain product uniformity and compliance with quality standards. Such parameters are effectively met by automation in textile machinery. Techniques such as micro-denier fiber extrusion that involves manufacturing of fiber of different varieties benefit from automation.

According to the report, the demand for textiles used in heavy industries such as automotive, construction, and packaging is growing rapidly. The textiles used in these industries are termed as technical textiles, and are used for their functionality rather than for aesthetic value. These industries demand textiles with features such as increased conductivity, filtration, flexibility, lightweight, reinforcement, resistance, and strength.

Further, the report states that the textile industry involves extensive use of chemicals in every stage of production, which need to be handled carefully to avoid mishaps. However, some cost-sensitive end-users are reluctant to provide in-house training to their existing employees because of the additional costs involved. This can lead to shop-floor mishaps and delay in production. The lack of electricians and pneumatic and hydraulic technicians also pose a serious threat to the proper functioning of the machinery.

Leading vendors in the market are:

– Itema – LMW – Murata – Truetzschler

Other prominent vendors in the market include:

– Batliboi – Kirloskar Toyoda Textile Machinery – Benninger – Intertrad Group – Lonati, Mayer & Cie – Rieter – Santoni – Savio Macchine Tessili – Navis Global

Key Topics Covered:

PART 01:Executive summary

PART 02:Scope of the report

PART 03:Market research methodology

PART 04:Introduction

PART 05:Market landscape

PART 06:Market segmentation by product

PART 07:Geographical segmentation

PART 08:Key leading countries

PART 09:Market drivers

PART 10:Impact of drivers

PART 11:Market challenges

PART 12:Impact of drivers and challenges

PART 13:Market trends

PART 14:Vendor landscape

PART 15:Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/j9z5fb/global_textile

About Research and Markets

Research and Markets is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact: Laura Wood +353-1-481-1716 press@researchandmarkets.net

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