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Global Automation in Textile market is valued at 1890 million US$ in 2018 is expected to reach 2840 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025

Global Automation in Textile Market Research Report 2019

Research analysis on the global automation market in textile industry identifies that the availability of favorable government policies will be one of the major factors that will have a positive impact on the growth of the market. Countries like India are key revenue generators for the global textile industry. Owing to favorable government policies, there are several investments and developments in this industrial sector, which will have a positive impact on the automation market. These policies are beneficial for the growth of the industry and drive the automation of processes, in turn, increasing the demand for field, control, and communication devices. India is already allowing 100% FDI in the textile industry under the automatic route. Industries listed under the automatic route need no approval from the Reserve Bank of India or the Government of India for any investments. Such favorable policies will attract investments in this sector and create a demand for automation products and services in the textile industry.
The automation market in the textile industry is fragmented and has the presence of numerous players who offer various products and services. The rapid developments in the textile industry have led to improvements in product offerings by vendors with superior quality solutions to customers. The vendors are also offering licensing options that allows end-users to reduce the cost of initial investments
In terms of geographic regions, Asia will be the major revenue contributor to the automation market in the textile industry throughout the forecast period. The rise in demand from countries like China, India, and Bangladesh and the availability of favorable government policies, will drive the growth of the market in the region. Additionally, the increase in investments in the textile industry will also fuel the markets growth in the region.

The global Automation in Textile market is valued at 1890 million US$ in 2018 is expected to reach 2840 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025.
This report focuses on Automation in Textile volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automation in Textile market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
ABB
Festo
Rockwell Automation
Schneider Electric
Siemens
Beckhoff
Bosch Rexroth
Brainchild
Danfoss
General Electric
Honeywell International
Lenze
Parker Hannifin
Rotork
Yokogawa Electric

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Field Devices
Control Devices
Communication

By Industrial Application, the market can be split into:
Hardware and software
Services

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

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