Cotton Yarn Winding Machine Market REPORT OVERVIEW
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The global cotton yarn winding machine market size was USD 985.7 million in 2022 and market is projected to touch USD 1097.4 million by 2031, exhibiting a compound annual growth rate (CAGR) of 1.2% during the forecast period.
The wrapping of yarn onto a bobbin or a reel uses a cotton yarn winding machine. A center roll, such as a spindle, spinner, reel, belt-winding shell, and others, is used by the machines to wind up the cotton yarn. The metal bars are fashioned in accordance with the function for which they are intended to be used and drive through the roll's center. Faster torque is possible with a square bar, but greater speed is made possible by a circular bar. Edge sensors are used to measure how filled the center roll is on the Cotton Yarn Winding Machine by placing them on the center roll. The speed of operation necessary determines the sensitivity of the sensors.
COVID-19 Impact: Reduced Production and Downturn of the Economy Caused the Demand to Fall for Winding Machines
The COVID-19 pandemic-induced downturn in the economy, which caused manufacturers to cut back on capital spending, caused a dramatic fall in demand for cotton yarn winding machines in 2020. The market for yarn winding machines was ultimately harmed as a result of the financial status of businesses and reduced production. Due to the slow yarn traversing guide and high likelihood of yarn elongation, winding machines are only capable of operating at a certain speed. Additionally, because buying these machines demands a substantial investment, businesses prefer to purchase used equipment, which restrains the market expansion for cotton yarn winding machines.
LATEST TRENDS
"Newly Introduced Hank Precision Machine Offers Various Advantages Aiding to Curb Yarn Damage Significantly"
Hank winding equipment of the type WSF618A-02 Precision Winder is newly introduced by Zhejiang Wanshifa Textile Machinery Co.,Ltd. Active unwinding is a feature of this precision winding machine. The advantages of this Hank precision winding machine include an active unwinding device that can feed yarn actively with the foundation of tension, as well as a type of closed-loop control system, which is mounted on the cotton winding machine. Yarn damage is significantly curbed. The new machine's ability to maintain yarn elasticity, adjust yarn tension, and have good shaping is made possible by the closed-loop control system that has been installed. This precision winding machine for hanks has independent spindles for each shaft. This cotton yarn winder includes a single motor for each spindle that controls the speed of the winding.
Cotton Yarn Winding Machine Market SEGMENTATION
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- By Type
Based on type, the market is distributed into Automatic Winding Machine and Semi-automatic Winding Machine
- By Application
Based on application, the market is divided into Combed Yarn and Carded Yarn
DRIVING FACTORS
"Utilization of Automatic Winding Machines Reduces the Requirement for Labor "
Winding machines are made to be highly productive, accurate, consistent, dependable, and capable of handling materials with extreme precision. These variables are precisely adjustable with the assistance of the right winding machine. Multi-speed machines are being produced by manufacturers in a variety of sizes and classifications that can be used in many industry verticals. Due to the wide range of winding materials and the operator skill level, the physical winding process had a low production efficiency. The development of automatic cotton yarn winding machines has made it possible to automate the production of winding by lowering the labor-intensiveness of winding and greatly increasing production effectiveness.
"Growing Requirement for Wearable Technology Expected to Act as a Growth Opportunity for the Market"
The increasing textile sector will lead to significant growth for the cotton yarn winding machine market participants in the winding machine space. High degrees of innovation will be possible thanks to wearable fabrics with integrated electrical sensors. The need for wearable technology is expected to grow in the coming years, and improvements in textiles, 3D printing, and materials are all expected to have an impact on the winding machine industry. Winding machines must produce more goods, enhance package and yarn quality, simplify operation and maintenance, improve working conditions, and further automate their processes to satisfy the high demands of the modern textile industry.
RESTRAINING FACTORS
"High Initial Equipment Cost Expected to Hamper the Broadening of the Industry"
One of the key constraints preventing the expansion of the worldwide cotton yarn winding machine market growth is the equipment's high starting cost. The high initial cost of winding machines in the near future would restrict demand and market growth for industrial winding machines globally. The costs of routine maintenance are higher for cotton yarn winding machines since they frequently need to be cleaned and lubricated. Furthermore, winding machine transmission parts are prone to regular wear and tear and may malfunction abnormally or perform unevenly without adequate oil and lubrication, which could reduce output. Market expansion may be limited to some extent by frequent maintenance and expensive machine costs.
Cotton Yarn Winding Machine Market REGIONAL INSIGHTS
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"Asia Pacific to Lead the Market due to Expanding Middle Class Economy and Growing Utilization of Automation Machinery"
Asia Pacific is predicted to experience a phenomenal increase in the use of yarn winding machines during the forecast period due to the growing use of automation machinery in the textile and fabric industries. China is a major manufacturer of yarn winding machines, which is another reason that will contribute to the Asia Pacific region's notable cotton yarn winding machine market share throughout the projection period. On the basis of the expanding middle class economy and the entry of low-cost manufacturers from the Asia-Pacific area, particularly from India, China, and Korea, it is predicted to grow at the fastest rate throughout the projected period. One of the key factors boosting demand for yarn winding machines is the region's changing demographics and increase in disposable income.
KEY INDUSTRY PLAYERS
"Introduction of Cutting-Edge Technology are Methods Adopted by the Major Players to Grab Larger Market Share"
A significant bottleneck in the production of competitive machines will be caused by the high initial cost of winding machines. The market's leading competitors are aiming to introduce cutting-edge technology. Additionally, the requirement for automated process development to enable higher volume production is growing. To fulfill various roles across industries, major manufacturers are anticipated to offer a variety of multi-speed machine categories and types. A key market development for winding machines is advancing technology. To solve this issue, manufacturers of winding machines are moving toward more cutting-edge technologies.
List of Market Players Profiled
- SAVIO (Spain)
- Murata Machinery (Japan)
- Schlafhorst (Germany)
- QingDao HongDA Textile Machinery Co., LTD (China)
- Xinghua Tangshi Textile Machinery Co., Ltd (China)
- SSM Textile Machinery (Switzerland)
- Qingdao Textile Machinery (China)
- Lakshmi Machine Works (India)
- Titan (India)
- Weavetech (India)
- Taining Machine Industries Co. (India)
- Thread Master (India)
- Zhejiang Rifa Textile Machinery Co.,Ltd (China)
- Peass Industrial Engineers Pvt (India)
- Veejay Lakshmi Engineering Works (India)
REPORT COVERAGE
This report covers the cotton yarn winding machine market. The CAGR expected to be in during the forecast period, and also the USD value in 2022 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 985.7 Million in 2022 |
Market Size Value By |
US$ 1097.4 Million by 2031 |
Growth Rate |
CAGR of 1.2% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the cotton yarn winding machine market expected to touch by 2031?
The cotton yarn winding machine market is expected to reach USD 1097.4 million by 2031.
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What CAGR is the cotton yarn winding machine market expected to exhibit by 2031?
The cotton yarn winding machine market is expected to exhibit a CAGR of 1.2% by 2031.
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Which are the driving factors of the cotton yarn winding machine market?
Utilization of automatic winding machines in the process of production reduces the requirement for labor and increases production and growing requirement for wearable technology is expected to act as a growth opportunity for the market of winding machines are the driving factors of the cotton yarn winding machine market.
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Which are the top companies operating in the cotton yarn winding machine market?
SAVIO, Murata Machinery, Schlafhorst, QingDao HongDA Textile Machinery Co.,LTD, Xinghua Tangshi Textile Machinery Co.,Ltd, SSM Textile Machinery, Qingdao Textile Machinery, Lakshmi Machine Works, Titan, Weavetech, Taining Machine Industries Co.,., Thread Master, Zhejiang Rifa Textile Machinery Co.,Ltd, Peass Industrial Engineers Pvt and Veejay Lakshmi Engineering Works are the top companies operating in the cotton yarn winding machine market.