Textile Machinery Market to Grow at 14.02% CAGR from 2014 to 2018 Says a New Research Report at Sandlerresearch.org

Dallas, Texas (PRWEB) June 08, 2014

One of the major trends in the Global Textile Machinery market is the growing number of technological innovations. For example, knitting machines with reduced environmental impact have been in huge demand in Europe for the past few years. This demand has been driven by the number of environmental pollution control norms implemented in recent years. Also, various machinery has been developed that has a higher output efficiency compared to the older and more traditional machines. The emergence of these innovations is a major trend that could have a positive impact on the market over the next few years.

Analysts forecast the Global Textile Machinery market will grow at a CAGR of 14.02 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the growth in the Automotive and Residential Construction industries as textiles are mainly used in the manufacture of upholstery in homes and vehicles.

The Global Textile Machinery market can be divided into four segments: Spinning Machinery, Weaving Machinery, Texturing Machinery, and Knitting Machinery.

Global Textile Machinery Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Asia, Europe, and the ROW; it also covers the Global Textile Machinery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The following companies as the key players in Global Textile Machinery Market: Itema Holding SpA, Lakshmi Machine Works Ltd., Truetzschler GmbH & Co. KG , Batliboi Ltd, Benninger AG, Intertrad Group, Kirloskar Toyoda Textile Machinery Pvt. Ltd, Lonati SpA, Mayer & CieGmbH & Co. KG, Murata Machinery Ltd., Navis Global , Rieter AG, Santoni SpA, Savio Macchine Tessili SpA, TMT Machinery Inc. , Voltas Ltd, West Point Foundry and Machine Co., Willy Grob AG.

Purchase Report @ http://www.sandlerresearch.org/purchase?rname=17744.

Key Market Driver

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