Increasing use of industrial sewing machines to monitor and manage the work processes is helping in achieving resource efficiency, quicker turnarounds, faster processes and reduced cost across industry verticals
The global industrial sewing machines market size was valued at USD 2.29 Billion in 2018 and is anticipated to expand at a reasonable growth from 2019 to 2025. The market is driven by robust demand for apparel due to rise in population. In the last five-six decades, the worldwide population has undergone a massive growth on year-on-year basis. Such an increase in population has led to a significant demand for clothing. The clothing products have transformed from a necessity to fashion statements and luxurious items leading to witnessing a high growth momentum over the past two decades by the global apparel market. The strong need for ready-made clothing is expected to drive the global sewing machines market during the projection period as sewing machines play a crucial role in making ready-made apparels.
The global industrial sewing machines market research report assesses market demand and scenario over the period from 2014 to 2025. The report highlights the historic trends between 2014 and 2018 and the 2019 to 2025 market forecast. The report studies the current status and future market prospects of the industrial sewing machines market at both global and country level. In this study, the industrial sewing machines market is segmented by type, application, and geography.
The report analyzes a variety of qualitative factors of the global industrial sewing machines industry and lists the market growth drivers, growth inhibitors and noteworthy industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
On the basis of types of deployment, global industrial sewing machines market is segmented into Automated Industrial Sewing Machine, Mechanical Industrial Sewing Machine, and Electronic Industrial Sewing Machine. Electronic Industrial Sewing Machine segment accounted for a value of USD 1.1 billion in 2018 and is likely to maintain the higher graph in the forecast period.
Based on the application, the market includes categories: apparels, shoes, bags, automobile, and others. Apparels segment topped the application segment and is anticipated to expand at an impressive 4.9% CAGR during the forecast period.
Based on the region, the global industrial sewing machines market is segmented in the North America, Asia Pacific, Europe, Central & South America, and Middle East and Africa. In terms of revenue, Asia Pacific is anticipated to dominate the industrial sewing machines market with an estimated market share of 57.63% in the year 2025. This is mainly attributable to development of the industrial sector. The presence of most of the sewing machine manufacturers headquartered in the region is one of the important factor accelerating market growth. Also, the growth witnessed is driven by rising digitalization in India and China. Moreover, the strong economic position in the Asia Pacific allows it to capitalize heavily on innovative solutions and technologies.
The major players of global industrial sewing machines market include Brother Industries Ltd., Feiyue Group Co., Ltd., Juki Corporation, JACK Sewing Machine Co., Ltd., ZOJE Sewing Machine Co., Ltd, Shang Gong Group, Singer, Gemsy Five Continents Technology Group Co., LTD., Jaguar International Corporation, Xi'an Typical Industries Co.,Ltd., Husqvarna AB, and SunStar SWF, Inc.
Segment overview of Global Industrial Sewing Machines Market
By Type Overview, 2014-2025 (Thousand Units) (USD Billion)
Application Overview, 2014-2025 (Thousand Units) (USD Billion)
Regional Overview, 2014-2025 (Thousand Units) (USD Billion)
- North America
- Asia Pacific
- Central and South America
- Middle East and Africa