Braiding is an extremely versatile textile that can produce both the simplest and most complex products. Braiding has suitable products for many different industries; some of these industries include medical, automotive, apparel, maritime, sports, aviation, electrical, etc.A braiding machine is device, which interlaces at least three strands of yarns or wires to form a rope reinforced hose, covered power cords, and some types of lace.
As the technology of Braiding Machine is relatively mature and the downstream market, especially for industrial market is growing fast, so there are lots of enterprises in the Braiding Machine market. The high-end Braiding Machine is mainly produced in Europe and United States because their advanced R&D level, but most of the products were produced in developing countries especially in Asia where the machining accuracy is lower.
Braiding Machine is widely adopted across industry, as the machine has been used for a multitude of applications, including: Textile and Sporting, Industrial, Automotive, Medical, Aerospace, etc. In the application segment, Textile and Sporting segment accounted for the most of market share (47.76% in 2018), in terms of volume, while Industrial segment accounted for 29.22%. Briefly speaking, in the next few years, Braiding Machine industry will still be an energetic industry.
Although Braiding Machine market still brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Braiding Machine market will register a 1.5% CAGR in terms of revenue, the global market size will reach US$ 530 million by 2024, from US$ 490 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Braiding Machine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Braiding Machine market by product type, application, key manufacturers and key regions and countries.
This study considers the Braiding Machine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Vertical Braiders
Horizontal Braiders
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Textile and Sporting
Industrial
Automotive
Medical
Aerospace
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Xuzhou Henghui
HERZOG
OMABRAID
Shanghai Nanyang
Talleres Ratera
Magnatech International
Steeger USA
Mayer Industries
NIEHOFF Schwabach
Shanghai Xianghai
Spirka Schnellflechter
Yitai Technology
OMEC
Kyang Yhe Delicate
KOKUBUN
HC Taiwan
GURFIL
Lorenzato Srl
Braidwell Machine
Cobra Braiding Machinery
Geesons International
Bhupendra & Brothers (M/C)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Braiding Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Braiding Machine market by identifying its various subsegments.
Focuses on the key global Braiding Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Braiding Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Braiding Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Braiding Machine. Industry analysis & Market Report on Braiding Machine is a syndicated market report, published as Global Braiding Machine Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Braiding Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.