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.
Top Manufactures in Global Braiding Machine Includes:
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
Market Segment by Type, covers:
Vertical Braiders
Horizontal Braiders
Market Segment by Applications, can be divided into:
Textile and Sporting
Industrial
Automotive
Medical
Aerospace
Others
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?
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