Textile Manufacturing Market Global Briefing 2017

NEW YORK, Feb. 7, 2017 /PRNewswire/ -- The textile industry comprises establishments that manufacture fiber, yarn, threads, carpets, rugs, linens and other textile products. This industry also comprise establishments engaged in processing fiber, yarn and fabric to produce finished products.

Asia was the largest region in the textiles manufacturing market in 2016, accounting for $71% market share. This is largely due to the presence of many fabrics, apparels manufacturing and home furnishings facilities in the region. The Americas was the second largest region accounting for 12% market share. Europe was the third largest region accounting for 11% market share.

The textile industry has been shifting from labor intensive manufacturing processes to automated production facilities. Automation has enabled textile manufacturing companies to enhance productivity and reduce production costs. According to a report by Boston Consulting Group (BCG) in 2015, 1.2 million industrial robots are expected to be deployed by 2025 , thus indicating increased automation and robotics technology adoption. For instance, Software Automation Inc. introduced a new approach to sewing automation. The company implemented computer vision systems to eliminate fabric distortion issues where a camera is used to track stitching at needle and also coordinates the movement of the fabric using light weight robots.

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