End User Industry (Textile, Sporting, Automotive, Medical, Aerospace, Electrical, Marine Sector);
The textile segment is anticipated to hold 28% share of the global braiding machine market by the 2037. The rise in demand for ready-made clothing can be ascribed to rising levels of consumerism in developing nations like China, India, Thailand, and Indonesia. Furthermore, the textile sector is experiencing notable technical breakthroughs that are propelling the demand for automatic braiding machines worldwide. The expanding global market can be attributed to the burgeoning textile sector in developing nations like Bangladesh, India, and China. Around 24 million metric tons of textile fibers were produced globally in 1975. That amount had almost quadrupled by 2022 and exceeded 113.8 million metric tons. The manufacturing volume of natural fibers, such as cotton and wool, was 25.2 million metric tons, while the remaining 87.6 million metric tons were produced by chemical fibers. Chemical fibers include artificial cellulosic fibers like rayon and viscose, as well as synthetic fibers like polyesters and polyamides. Additionally, because automatic braiding machines perform better than traditional machines, the demand for them is expected to rise in industrialized nations.
Product Type (Horn Gear Braider, Wardwell Rapid Braider, 4track & Column Braider, Wire Braiding Machines)
The horn gear braider segment in the braiding machine market is expected to hold largest revenue share of about 38% during the forecast period. In automatic braiding machines, horn gear braziers are utilized to engage and disengage the drive train without the need for human interaction. To engage the machine, simply attach the desired chord or cable on either end of the brazier. The machine then snaps into place and shuts off. The brazier is a straightforward but efficient gadget made up of two revolving disks that are each attached to a cable or cord. The disks are placed at the top and bottom of the machine when the brazier is placed on it.
Our in-depth analysis of the global braiding machine market includes the following segments:
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Author Credits: Richa Gupta
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