Market Trends of Sewing Machines Industry
This section covers the major market trends shaping the Sewing Machines Market according to our research experts:
Industrial Sewing Machines Demand is Projected to Grow
End-user industries application such as the use of sewing machines in apparel, automotive, and other sectors is leading to the demand for sewing machines in the industrial sector. Accuracy and speed of the sewing machines for manufacturing purposes are further leading to the demand for such machines.
The industrial segment of the sewing machine market is projected to grow owing to the adoption of intelligent technology in the manufacturing of sewing machines. Technologies such as the Internet of Things and big data are enhancing and increasing the efficiency of production lines in the market.
The expansion of electric cars and the automotive sector will lead to the demand for sewing machines. Thus. the use of technical textiles along with the use of various materials require sewing machines, leading to the growth of the market in the forecast period.
Manufacturers such as China-based Jack Sewing Machine Co. Ltd has announced the investment of 100 million Chinese yuan to make the fully automated machine for complete production from start to end.
Asia-Pacific is Fastest Growing Region
The Asia Pacific is projected to grow fastest in the sewing machine market. High-end sewing machines are becoming popular in the Asian market.
Industrial manufacturers are increasingly giving preference to high-end sewing machines in the market due to their enhanced feature that saves time, energy and reduce the complexity of manufacturing processes.
Supporting government policies in emerging countries, like China and India, influence textile manufacturers to adopt the latest technologies and expand their manufacturing sites, which is expected to increase the demand for sewing machines.