Shuttleless Loom Market Scope
The shuttleless loom is the modern loom that is used to produce high fashionable fabrics by weaving yarn or thread with high production rate. The basic principle of operation of any loom is to hold the warp threads under tension to facilitate the interweaving of the weft threads. New developments are taking place in such a direction, which ensures reduced time, energy, and cost involved. Moreover, the shift from labor-intensive to capital intensive, and quality requirements are the main factors that are driving the growth of the market. Increasing demand from the textile industry in economies such as India will create lucrative opportunities for the market over the forecast period.
The Shuttleless Loom market study is segmented by Type (Rapier (Single and Double Type), Air Jet Loom, Water Jet Loom and Gripper or Projectile Loom), by Application (Shawls, Dress Material, Shirting and Others (Saree, Blankets)) and major geographies with country level break-up.
Research Analyst at AMA estimates that China Manufacturers will contribute to the maximum growth of Global Shuttleless Loom market throughout the predicted period.
TOYOTA Industries Corporation (Japan), Itema S.p.A. (Italy), Lindauer DORNIER GmbH (Germany), Picanol (Belgium), Tsudakoma (Japan), Shandong Rifa Textile Machinery Co., Ltd. (China), Jingwei Textile Machinery (China), Qingdao Haijia Machinery Co.,Ltd. (China), Yiinchuen Machine (China) and Qingdao Huasense Machinery Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Laxmi Shuttleless Looms Pvt Ltd. (India), Santex Rimar Group (Italy), Shandong Tongda Textile Machinery Co.,Ltd. (China), Shreetex Engineers (India) and Palod Himson Machines Pvt. Ltd. (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Shuttleless Loom market by Type, Application and Region.
On the basis of geography, the market of Shuttleless Loom has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On September 20, 2019, Itema, a multinational company part of the Radici world of companies manufacturing advanced weaving solutions including weaving machines, spare parts, and integrated services, has announced that the company has signed the agreement for the taking over of Schoch group.
On June 04, 2019, Picanol presents a new Air-jet machine, OmniPlus-i in Barcelona. OmniPlus-i is featuring a redesigned reed motion, optimized relay nozzle set up and can be combined with SmartShed, the full electronic controlled shedding motion.
Market Trend
- Water Jet Loom Owing To Fast Speeds Up To 600 Ppm and Low Noise
Market Drivers
- Growing demand from manufacturers in the textile industry for high weaving production efficiency owing to the high speed of operation is the main factor driving the demand for the market.
- Low Labour Cost and Low Accident Percentage
Opportunities
- Rapid Ongoing Developments in the Field of Shuttleless Loom such as Multiphase loom
- High Efficiency than Shuttle Loom
Restraints
- High cost of the shuttleless loom owing to Latest Technology and Add-on Features
Challenges
- Huge Investment Required for Set-up and Installation
Key Target Audience
Shuttleless Loom Manufacturers, Raw Material and Parts Suppliers, Textile Industrialists, New Entrants/Investors, End-Use Industries and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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