Research and Markets: Global Textile Machinery Market 2015-2019 – Analysts forecast that the Global Textile Machinery Market to Grow at a CAGR of 13.35% Over the Period 2014-2019
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/ptd9gg/global_textile) has announced the addition of the “Global Textile Machinery Market 2015-2019” report to their offering.
Nanotech textiles are the new entrants in the textile market. The benefits offered by them are likely to attract vendors. These textiles are a critical requirement in end-user industries such as sports goods, aerospace, and military. The growing popularity of nanotech textiles is likely to boost the textile machinery market in the coming years.
According to the report, with the rise in the number of vehicles manufactured, demand for fabric required for designing the interiors of vehicles is also likely to increase. The automotive industry manufactured 89.75 million vehicles in 2014 and this number is expected to reach 118.15 million in 2019, thereby boosting the growth of the textile machinery market in the process.
Further, the report states that the market is facing difficulties in achieving cost-effective and efficient operations due to a lack of skilled labor. In addition, the reluctance from vendors to provide in-house training to personnel owing to the additional costs involved affects market growth.
The report includes the present scenario and growth prospects of the global textile machinery market for the period 2015-2019. The market can be segmented into five: spinning, weaving, texturing, knitting, and finishing.
- Itema Holding
- Lakshmi Machine Works
- Murata Machinery
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: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information visit http://www.researchandmarkets.com/research/ptd9gg/global_textile
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Textiles, Machinery and Parts