Braiding Equipment Market 2021 Top Manufacturers, Industry Share, Regional Investments and Future Trends by 2028

(The Express Wire via Comtex)

Fortune Business Insights offers a detailed overview of the global market in a report, titledThe Braiding Equipment Market Analysis is used to knit or interweave the strands of wire or yarn, to form a braided type of structure. This equipment is used in several industries such as textile, electrical, automotive, medical, and many other sectors. Basic raw materials such as synthetic or natural yarn, leather tapes, metal wires are twirled into a bunch and later are wrapped against the reels or cylinders. Growing industrialization and urbanization across the developing and developed countries is expected to fuel the demand of braiding equipment market in the near future. According to the secondary research, the global healthcare spending is anticipated to increase at growth rate of 5.4% in the forecasted period, owing to emerging need of catheters and other braided tubes used in surgeries.

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Some of the Key Questions Answered in this Report:

  • Detailed Overview of Braiding Equipment Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Market forecast for global Braiding Equipment Market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
  • What is the Braiding Equipment Market growth momentum or market carries during the forecast period?
  • Which region may tap the highest market share in the coming era?
  • Which application/end-user category or Product Type may seek incremental growth prospects?
  • What focused approach and constraints are holding the Braiding Equipment Market demand?

Constant growth in the automobile sector is one of the key market trend to boost the demand of braided products, due to growth in the demand of shielded cables for breaking and other systems, and harnesses required for trucks and earthmoving equipment. The braiding equipment market machine helps to increase the flexibility of the material weaved, offering high poductivity, good expandability and abrasion resistant mechanism to the operator and the company. The initial purchasing and maintenance cost of this equipment, along with the cost of material (natural yarn) hampers the overall braiding equipment market growth worldwide.

Major Key Players Of Braiding Equipment:-

  • HERZOG GmbH,
  • Cobra Braiding Machinery Ltd.
  • NIEHOFF Schwabach
  • M.A. S.r.l.
  • Spirka Schnellflechter GmbH
  • Mayer and Cie.
  • Steeger USA.
  • Knitting Machinery Corp.
  • Wardwell Braiding Co.
  • Lamb Knitting Machine Corporation
  • GLADDING BRAIDED PRODUCTS, INC.
  • OMEC S.r.l.
  • Geesons International
  • Magnatech International, Inc.

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Regional Analysis

The increasing urbanization and population in Asia Pacific countries, including China and India is expected to witness highest growth rate by propeling the textile sector with the need for shelter. Moreover, the rising number of local braided equipment manufacturer in india is expected to surge the braided equipment market demand in the forecast period. North American automotive industry is adopting various innovative braiding equipment market techniques for break systems, harnesses and many more. Established brainding euipment market of North America is projected to hold highest market share showing a progressive growth, as major market players tend towards investing in the research and development area. For instance, according to the American Auto Council, FCA, Ford and General Motors together invest more than USD 18 billion per year for the research and development. Moreover, the European countries are projected to portray moderate market growth owing to stable demand of braided healthcare products across the region.

As per the secondary study, the Western European government invested USD 1,745 billion in healthcare sector and further expected to spend USD 2,279 billion in the forecast period for the same. The rapidly developing textile and medical sector in the Middle East and Africa is rising the investments in the braiding equipment market, hence contributing to the market growth. Accordin to the UAE Business Council, the UAE’s Vision 2021 has led to healthcare spending of USD 21.3 billion accounting 4.6% of country’s GDP. Furthermore, the Latin American countries such as Brazil and Mexico are witnessing increase in investments for healthcare sector, attributing to several market opportunities for the emerging players; this, in return is expected to upthrust the global braiding equipment market across the region.

Major Table of Contents for Braiding equipment Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Braiding equipment Market Insights
  5. Global Market Analysis, Insights and Forecast, 2015-2026
  6. North America Market Analysis, Insights and Forecast, 2015-2026
  7. Europe Market Analysis, Insights and Forecast, 2015-2026
  8. Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
  9. The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
  10. Latin America Market Analysis, Insights and Forecast, 2015-2026
  11. Competitive Landscape
  12. Global Braiding equipment Market Revenue Share Analysis, By Key Players, 2020
  13. Company Profiles
  14. Conclusion

TOC Cotinued….!

Key Industry Developments

June 2019:Herzog exhibited its latest winding and braiding technology at the TECHTEXTIL/ TEXPROCESS 2019 in Frankfurt. The variation braider VF1/(4-32) 140 is an improved version of braiding equipment market machine used particularly for medical and textile applications

January 2019:NIEHOFF has developed large rotating braiding machine for stranding cables and wires using large cross sections. The well-known double-stroke machine of D and DSI series is embedded with NIEHOFF’s Stranding Technology SL, that increases the wire quality useful for construction machinery

Report Focus Braiding equipment market:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Medical Lighting Technologies Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

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Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Braiding equipment Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the Braiding equipment Market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Braiding equipment Market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Braiding equipment Market

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