Global Braiding Machine Market Growth 2023-2029

Global Braiding Machine Market Growth 2023-2029

Product Code:456958

Published Date: Feb 08,2023

Pages: 124

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Braiding Machine Industry Forecast” looks at past sales and reviews total world Braiding Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Braiding Machine sales for 2023 through 2029. With Braiding Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Braiding Machine industry.

This Insight Report provides a comprehensive analysis of the global Braiding Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Braiding Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Braiding Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Braiding Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Braiding Machine.

The global Braiding Machine market size is projected to grow from US$ 468.6 million in 2022 to US$ 564.5 million in 2029; it is expected to grow at a CAGR of 564.5 from 2023 to 2029.

Global braiding machine main players include O.M.A., VP, SUNGIL Ind, Mayer & Cie, HERZOG, Steeger, etc., totally accounting for about 55%. Asia-Pacific is the largest market, with a share over 47%. As for the types of products, it can be divided into vertical braiders and horizontal braiders. The most common product is vertical braiders, holding a share over 86%. In terms of applications, it is widely used in textile and sporting, industrial, automotive, medical, aerospace and others. The most application is textile and sporting, with a share over 46%.

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.

Market Segmentation:
Segmentation by type
    Vertical Braiders
    Horizontal Braiders

Segmentation by application
    Textile and Sporting
    Industrial
    Automotive
    Medical
    Aerospace
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    O.M.A.
    VP
    SUNGIL Ind
    Mayer & Cie
    HERZOG
    Steeger
    Magnatech International
    Talleres Ratera
    KARG
    Wilms
    Changchun Huibang
    Xuzhou Henghui
    Shanghai Xianghai
    OMEC
    Yitai Technology
    Shanghai Nanyang
    GURFIL
    KOKUBUN
    Kyang Yhe Delicate
    HC Taiwan
    Lorenzato
    Braidwell Machine
    Cobra Braiding Machinery
    Geesons International
    Bhupendra & Brothers

Key Questions Addressed in this Report
What is the 10-year outlook for the global Braiding Machine market?
What factors are driving Braiding Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Braiding Machine market opportunities vary by end market size?
How does Braiding Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?