The global electronic sewing machine market is in the ascendency in recent years as the demand for the electronic sewing machines has risen at a fast rate in various industries like the garment industry.
The Electronic Sewing Machine market is expected to grow at a CAGR of 5.6% to reach USD 7.40 Billion in 2030.
Covid-19 Impact & Market Status
The pandemic has negatively affected almost all of the markets leading to huge losses and also hampered the supply chain thus creating worldwide market breakdown which made it very difficult for the all the industries to stay afloat especially the smaller ones. The electronic sewing machines market has been drastically affected by the pandemic as the demand has fallen considerably which has affected the revenue share in the market.
Apparel Segment To Be In High Demand
The apparel segment is the foremost application for electronic sewing machines which is leading the global electronic sewing machines market in revenue share and is predicted to remain at the top of the market during the forecast years due to the increasing demand from the fashion sector and the urban population.
The non-apparel market segment is experiencing rising demand from the automobile, healthcare, construction, and other industries. Sewing machines are employed in the non-apparel sector to create a variety of products, including bags, belts, handbags, car seat covers, and others.
Industrial Segment To Earn Highest Revenue
The industrial segment is the major end user industry for the electronic sewing machines which is leading the global electronic sewing machines market in revenue share and is predicted to remain at the top of the market during the forecast years due to the use of intelligent technology in sewing machine production. Production lines in the market are improving and becoming more efficient thanks to technologies like the Internet of Things and big data. Sewing machines are thus necessary for the production of technical textiles and other materials, which will drive the market's expansion over the course of the projected period.
Asia-Pacific to Accounted To Largest Sales Revenue
Asia-Pacific will remain atop the global electronic sewing machines market in revenue share and is predicted to remain at the top of the market during the forecast years because the need for sewing machines is rising across a range of industries, including the automobile, building, apparel, textile, and luxury goods market.
North America will rise rapidly in the forecast period because of the rising investment of key businesses in aerospace and automotive apparel in the domestic market of electronic sewing machines.
Owing to benefits such as advanced stitching options, automation, saving patterns, connectivity, speed control, easy sewing operations, as opposed to traditional sewing machines is fostering remarkable progress of global electronic sewing machine market.
The introduction of intelligent sewing machines, major developments in garment finishing to give different design effects to the garments, major technological developments in machine equipment are driving the global electronic sewing machines market. Furthermore, new construction materials and improved electronic systems is driving a remarkable progress of global electronic sewing machine market.
The global electronic sewing machine market rise is also expected to be aided by the increasing awareness among the people regarding the benefits of using these machines and also the technological advancements being made in this field.
The numerous components and functions of a sewing machine assist the operator understand how the machine works. The production of clothing and other items uses a variety of sewing machine kinds. With the use of needles, thimbles, and other hand sewing conveniences, textiles are simply inserted into and removed from current sewing machines, automating the various stitching processes and cutting down on time. There is a broad difference in the size, price, look, and function of sewing machines, and some are bigger, faster, and more intricate than others.
The global electronic sewing machines market is rising rapidly, and it is expected to grow from approximately USD 6984.4 million by 2029 during the analysis period at a CAGR of 6.2 percent.
The Sewing Machines Market is primarily being driven by the growing rate of product awareness and the introduction of cutting-edge goods by numerous brands. Another significant driving force behind the development of sewing machines is the use of novel designs and technologies. The market is boosted by the expansion of a sizable number of tailor shops and fabric stores that offer sewing services.
But most people love how they work and choose traditional sewing machines over electronic sewing machines. Also, electronic sewing machines are very expensive putting the electronic sewing machine beyond financial scope. This is limiting the purchase of electronic sewing machines for even the biggest clothing manufacturing companies.
The sewing machines market is expected to face challenges during the forecast period due to a lack of knowledge about the numerous applications that can be carried out on home sewing machines. Also, garments are still mostly produced by cutting two-dimensional woven, sometimes knitted, pieces of fabric and seaming these together with a sewing machine. Additionally, the little development in technology failing to give important finish to fabrics is limiting the adoption of electronic sewing machines. This is hampering the global electronic sewing machines market. On the other side, the prevalence of fake goods is anticipated to hinder market expansion.
The widespread use of sewing machines—which can be powered by treadle, power, or electricity—to stitch a variety of textiles as well as ongoing technological advancements in the field are driving the market's expansion. The global electronic sewing machines market is also influenced by the rise in demand from end-use sectors like clothing and apparel as well as the expansion of their use in automobile interiors for things like seatbelt webbing, nylon tyre cables, and automotive carpets.
The global electronic sewing machines market is rising rapidly and there is healthy competition among the top players like Tacony Corporation, JUKI Corporation, Merrow Inc., Bernina International AG, Singer Sewing Company, and Brother Industries among others.
Latest Innovations in the Global Electronic Sewing Machine Market: A Snapshot
- PFAFF Industries disassembled its KSL KL 500 robot units in May 2021 for application-specific ornamental seam production aided by robots in the car interior market. Production facilities for vehicle dashboards use these 3D sewing cells.
Electronic Sewing Machine Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 6984.4 million|
|Growth Rate||CAGR of 6.2 % during 2021-2028|
|Segment Covered||End User, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Tacony Corporation, JUKI Corporation, Merrow Inc., Bernina International AG, Singer Sewing Company, and Brother Industries among others.|
Key Segments of the Global Electronic Sewing Machine Market
Application Overview, 2019-2029 (USD Million)
End User Overview, 2019-2029 (USD Million)
Regional Overview, 2019-2029 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa