Global Automation in Textile Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
Research analysis on the global automation market in textile industry identifies that the availability of favorable government policies will be one of the major factors that will have a positive impact on the growth of the market. Countries like India are key revenue generators for the global textile industry. Owing to favorable government policies, there are several investments and developments in this industrial sector, which will have a positive impact on the automation market. These policies are beneficial for the growth of the industry and drive the automation of processes, in turn, increasing the demand for field, control, and communication devices. India is already allowing 100% FDI in the textile industry under the automatic route. Industries listed under the automatic route need no approval from the Reserve Bank of India or the Government of India for any investments. Such favorable policies will attract investments in this sector and create a demand for automation products and services in the textile industry. 
The automation market in the textile industry is fragmented and has the presence of numerous players who offer various products and services. The rapid developments in the textile industry have led to improvements in product offerings by vendors with superior quality solutions to customers. The vendors are also offering licensing options that allows end-users to reduce the cost of initial investments
In terms of geographic regions, Asia will be the major revenue contributor to the automation market in the textile industry throughout the forecast period. The rise in demand from countries like China, India, and Bangladesh and the availability of favorable government policies, will drive the growth of the market in the region. Additionally, the increase in investments in the textile industry will also fuel the market’s growth in the region.

The global Automation in Textile market is valued at 1890 million US$ in 2018 is expected to reach 2840 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025.
This report focuses on Automation in Textile volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automation in Textile market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    ABB
    Festo
    Rockwell Automation
    Schneider Electric
    Siemens
    Beckhoff
    Bosch Rexroth
    Brainchild
    Danfoss
    General Electric
    Honeywell International
    Lenze
    Parker Hannifin
    Rotork
    Yokogawa Electric

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Field Devices
    Control Devices
    Communication

Segment by Application
    Hardware and software
    Services