What is Global Braiding Machine Market?
The Global Braiding Machine Market encompasses the worldwide industry involved in the production and distribution of braiding machines. These machines are essential for creating braided structures from various materials, such as yarns, wires, and fibers. Braiding machines are used in numerous industries, including textiles, automotive, aerospace, and medical sectors, to produce items like ropes, cables, hoses, and medical sutures. The market is driven by the increasing demand for high-quality braided products, technological advancements in braiding machinery, and the expansion of end-use industries. Companies in this market focus on innovation, efficiency, and customization to meet the diverse needs of their customers. The global braiding machine market is characterized by a mix of established players and new entrants, each striving to capture a share of this growing industry.
Vertical Braiders, Horizontal Braiders in the Global Braiding Machine Market:
Vertical braiders and horizontal braiders are two primary types of braiding machines used in the global braiding machine market. Vertical braiders are designed with a vertical orientation, where the bobbins and carriers move in a vertical plane. This type of braider is commonly used for producing round and tubular braided structures. Vertical braiders are highly efficient and can handle a wide range of materials, making them suitable for various applications, including the production of ropes, cables, and hoses. They are known for their precision and ability to produce consistent and high-quality braids. On the other hand, horizontal braiders have a horizontal orientation, with bobbins and carriers moving in a horizontal plane. Horizontal braiders are typically used for flat or wide braided structures, such as tapes and belts. These machines are ideal for applications that require flat braids with uniform width and thickness. Horizontal braiders are also versatile and can be used with different materials, including synthetic fibers, natural fibers, and wires. Both vertical and horizontal braiders play a crucial role in the global braiding machine market, catering to the diverse needs of various industries. The choice between vertical and horizontal braiders depends on the specific requirements of the application, such as the type of braid, material, and desired properties of the final product.
Textile and Sporting, Industrial, Automotive, Medical, Aerospace, Others in the Global Braiding Machine Market:
The global braiding machine market finds extensive usage in various sectors, including textile and sporting, industrial, automotive, medical, aerospace, and others. In the textile and sporting industry, braiding machines are used to produce a wide range of products, such as ropes, laces, shoelaces, and sports equipment like tennis racket strings and fishing lines. These machines ensure the production of durable and high-performance braided products that meet the stringent requirements of the industry. In the industrial sector, braiding machines are employed to manufacture hoses, cables, and protective coverings for wires and pipes. These braided products are essential for ensuring the safety and efficiency of industrial operations. The automotive industry also relies on braiding machines to produce various components, such as fuel lines, brake lines, and wiring harnesses. These braided components are crucial for the performance and safety of vehicles. In the medical field, braiding machines are used to create medical sutures, catheters, and other braided medical devices. These products require high precision and quality to ensure patient safety and effective medical procedures. The aerospace industry utilizes braiding machines to produce lightweight and strong braided structures for aircraft components, such as fuel lines, wiring harnesses, and structural reinforcements. These braided products contribute to the overall performance and safety of aircraft. Additionally, braiding machines are used in other sectors, such as marine, construction, and consumer goods, to produce a variety of braided products that meet specific industry requirements. The versatility and efficiency of braiding machines make them indispensable in these diverse applications.
Global Braiding Machine Market Outlook:
The global braiding machine market is anticipated to grow significantly, with projections indicating it will reach US$ 574.5 million by 2030, up from an estimated US$ 492.5 million in 2024, reflecting a compound annual growth rate (CAGR) of 2.6% during the period from 2024 to 2030. Key players in the global braiding machine market include O. M. A., VP SUNGIL Ind, Mayer Cie, HERZOG, and Steeger, collectively accounting for about 55% of the market share. The Asia-Pacific region is the largest market, holding a share of over 47%. Among the various types of braiding machines, vertical braiders are the most common, with a market share exceeding 86%. The textile and sporting industry is the largest application segment, representing over 46% of the market.
| Report Metric | Details |
| Report Name | Braiding Machine Market |
| Accounted market size in 2024 | an estimated US$ 492.5 million |
| Forecasted market size in 2030 | US$ 574.5 million |
| CAGR | 2.6% |
| Base Year | 2024 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | O.M.A., VP, SUNGIL Ind, Mayer & Cie, HERZOG, Steeger, Magnatech International, Talleres Ratera, KARG, Wilms, Changchun Huibang, Xuzhou Henghui, Shanghai Xianghai, OMEC, Yitai Technology, Shanghai Nanyang, GURFIL, KOKUBUN, Kyang Yhe Delicate, HC Taiwan, Lorenzato, Braidwell Machine, Cobra Braiding Machinery, Geesons International, Bhupendra & Brothers |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
