Global Automation Market in Textile industry 2017-2021
About Automation Market in Textile industry
The global automation market in textile industry is growing, and there are many textile manufacturing facilities in countries like India, China, and Bangladesh, which are expected to upgrade their facilities. Due to the increasing awareness among textile producers about the benefits of automation, there is a growing preference of automation implementation in production facilities. Vendors like SoftWear are offering robots that are specifically designed for the textile industry, and these developments will have a positive impact on the global automation market in textile industry. Automation can be included in all the functions in a textile manufacturing unit.Technavio’s analysts forecast the global automation market in textile industry to grow at a CAGR of 6.06% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automation market in textile industry for 2017-2021. To calculate the market size, the report considers the new installations, shipments, sales and retrofit, and replacements.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automation Market in Textile industry 2017-2021
Technavio recognizes the following companies as the key players in the global automation market in textile industry: ABB, Festo, Rockwell Automation, Schneider Electric, and Siemens
Other Prominent Vendors in the market are: Beckhoff, Bosch Rexroth, Brainchild, Danfoss, General Electric, Honeywell International, Lenze, Parker Hannifin, Rotork, and Yokogawa Electric.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Robotic automation in textile industry. Due to lack of availability of skilled labor and increasing labor wages, many textile industries have started using robots in sewing, which are called sewbots. In developed and industrialized nations, the maintenance cost of sewbots is similar to the cost of employing human workforce. There are software applications that are used in textile automation to improve the production quality and efficiency. These applications, along with advanced computer vision systems, can eliminate fabric distortion problems, by tracking the stitching and coordination for precise movement of the needle.”
According to the report, one of the major drivers for this market is Technological developments in automation market in textile industry. There are many technological advances in this market, which have led to improvements in the existing machinery and components. Hence, the demand for automation components like PLC, electric motors, actuators, valves, HMI, and MES systems has increased, and developments within these components have led to increase in efficiency and ease of use.
Further, the report states that one of the major factors hindering the growth of this market is High investment cost. Although automation in the textile industry is beneficial in reducing the cost of production, the investment cost is high because of the expensive components required. For coordination and smooth functioning of the machinery, end-users have to use expensive software solutions like MES, HMI, and other control solutions. In most of the developing countries, the wages paid are comparatively lower than developed industrialized countries, which is limiting many small-scale textile industries in countries like India and China from implementing automation solutions.
ABB, Festo, Rockwell Automation, Schneider Electric, Siemens, Beckhoff, Bosch Rexroth, Brainchild, Danfoss, General Electric, Honeywell International, Lenze, Parker Hannifin, Rotork, and Yokogawa Electric.
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