Global Spinning Machines Market to Reach $8.9 Billion by 2030
The global market for Spinning Machines estimated at US$4.3 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030. Ring Spinning, one of the segments analyzed in the report, is projected to record 9.5% CAGR and reach US$3.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rotor Spinning segment is readjusted to a revised 10.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 14.1% CAGR
The Spinning Machines market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 14.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.Select Competitors (Total 42 Featured) -
- A.T.E.
- Itema
- Kirloskar Toyota Textile Machinery
- Lakshmi Machine Works
- Marzoli Spinning Solutions
- Murata Machinery
- Rieter
- Saurer
- Savio Macchine Tessili
- Trützschler
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A.T.E.
- Itema
- Kirloskar Toyota Textile Machinery
- Lakshmi Machine Works
- Marzoli Spinning Solutions
- Murata Machinery
- Rieter
- Saurer
- Savio Macchine Tessili
- Trützschler
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.3 Billion |
Forecasted Market Value ( USD | $ 8.9 Billion |
Compound Annual Growth Rate | 9.5% |
Regions Covered | Global |