Global Textile Testing Equipment Market 2020-2024

Global Textile Testing Equipment Market 2020-2024

The publisher has been monitoring the textile testing equipment market and it is poised to grow by $ 121.52 mn during 2020-2024, progressing at a CAGR of 2% during the forecast period. The reports on textile testing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in demand for technical textiles and increased demand for non-woven fabrics. In addition, a rise in demand for technical textiles is anticipated to boost the growth of the market as well.

The textile testing equipment market analysis includes end-user segment and the geographical landscapes.

The textile testing equipment market is segmented as below:

By End-user

• Textile companies
• Professional testing agencies

By Geographical Landscapes

• APAC
• Europe
• North America
• MEA
• South America

This study identifies the growth in domestic demand for textiles in APAC as one of the prime reasons driving the textile testing equipment market growth during the next few years.

The textile testing equipment market covers the following areas:

• Textile testing equipment market sizing
• Textile testing equipment market forecast
• Textile testing equipment market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading textile testing equipment market vendors that include AMETEK Inc., Bureau Veritas SA, Intertek Group Plc, Paramount Textiles Ltd., Rieter Holding AG, Roaches Ltd., SAI Global Pty. Ltd., SDL Atlas, SGS SA, and TESTEX Instruments Ltd. Also, the textile testing equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.