Braiding Machine Market (Updated Version Available)

The multinational Braiding Machine market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Braiding is an extremely versatile textile that can produce both the simplest and most complex products. Braiding has suitable products for many different industries; some of these industries include medical, automotive, apparel, maritime, sports, aviation, electrical, etc.A braiding machine is device, which interlaces at least three strands of yarns or wires to form a rope reinforced hose, covered power cords, and some types of lace.
As the technology of Braiding Machine is relatively mature and the downstream market, especially for industrial market is growing fast, so there are lots of enterprises in the Braiding Machine market. The high-end Braiding Machine is mainly produced in Europe and United States because their advanced R&D level, but most of the products were produced in developing countries especially in Asia where the machining accuracy is lower.
Braiding Machine is widely adopted across industry, as the machine has been used for a multitude of applications, including: Textile and Sporting, Industrial, Automotive, Medical, Aerospace, etc. In the application segment, Textile and Sporting segment accounted for the most of market share (47.76% in 2018), in terms of volume, while Industrial segment accounted for 29.22%. Briefly speaking, in the next few years, Braiding Machine industry will still be an energetic industry.
Although Braiding Machine market still brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

In the global Braiding Machine market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In market segmentation by manufacturers, the report covers the following companies-
Xuzhou Henghui
HERZOG
OMABRAID
Shanghai Nanyang
Talleres Ratera
Magnatech International
Steeger USA
Mayer Industries
NIEHOFF Schwabach
Shanghai Xianghai
Spirka Schnellflechter
Yitai Technology
OMEC
Kyang Yhe Delicate
KOKUBUN
HC Taiwan
GURFIL
Lorenzato Srl
Braidwell Machine
Cobra Braiding Machinery
Geesons International
Bhupendra & Brothers (M/C)

In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In market segmentation by types :
Vertical Braiders
Horizontal Braiders

In market segmentation by applications :
Textile and Sporting
Industrial
Automotive
Medical
Aerospace
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Braiding Machine market for the forecast period 2020 - 2025?
• What are the driving forces in the Braiding Machine market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Braiding Machine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?