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Global Textile Machinery Market to Reach 10.9 Million Units by 2027

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New York, July 12, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Textile Machinery Industry” – https://www.reportlinker.com/p05864179/?utm_source=GNW
9 Million Units in the year 2020, is projected to reach a revised size of 10.9 Million Units by 2027, growing at a CAGR of 9.1% over the analysis period 2020-2027. Spinning Machines, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach 8.8 Million Units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Texturizing Machines segment is readjusted to a revised 18.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at 35.9 Thousand Units, While China is Forecast to Grow at 9% CAGR

Textile Machinery market in the U.S. is estimated at 35.9 Thousand Units in the year 2020. China is forecast to reach a projected market size of 5.9 Million Units by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Europe, each forecast to grow at 6.6% and 8% respectively over the 2020-2027 period.
Select Competitors (Total 193 Featured)

  • A.T.E. Enterprises Private Limited
  • Batliboi Ltd.
  • Benninger AG
  • Itema S.p.A.
  • Kirloskar Toyoda Textile Machinery Pvt. Ltd.
  • Lakshmi Machine Works Ltd.
  • Mayer & Cie GmbH & Co. KG
  • Murata Machinery Ltd.
  • Navis TubeTex
  • OC Oerlikon Management AG
  • Picanol Group
  • Rieter AG
  • Santoni S.p.A.
  • Saurer AG
  • Savio Macchine Tessili S.p.A.
  • TMT Machinery Inc.
  • Toyota Industries Corporation
  • Trützschler GmbH & Co. KG
  • Veejay Lakshmi Engineering Works Ltd.

Read the full report: https://www.reportlinker.com/p05864179/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Textile Industry Remains Hard Hit
COVID-19 Inflicts Considerable Damage on Global Textile
Machinery Industry
Global Economy Stares at an Impending Crisis
EXHIBIT 1: World Economic Growth Projections (Real GDP, annual
% Change) for 2019, 2020 & 2021
EXHIBIT 2: Rapidly Eroding Consumer Confidence Thwarts Hopes
for a Quick Recovery: Global Consumer Confidence Index Points
for 4Q2019, 1Q2020 & 2Q2020
Textile Machinery: An Introduction
Types of Textile Machinery
Spinning Machinery
Draw Texturing Machines
Weaving Machinery
Fabric Knitting Machinery
Textile Finishing Machinery
Outlook
Regional Landscape
EXHIBIT 3: Global Apparel Market by Geographic Region (2019):
Percentage Breakdown of Volume Consumption for Asia-Pacific,
Europe, Latin America, Middle East & Africa, and North
America
Asian Countries Continue to Drive Future Market Growth
China: The Frontrunner in the Textile Machinery Market
World Textile Machinery Shipments
Spinning Machinery
EXHIBIT 4: Global Spinning Machines Shipments (2019):
Percentage Share Breakdown of Shipments by Segment for Rotors,
Long-Staple Spindles and Short-Staple Spindles
Draw Texturing Machinery
EXHIBIT 5: Global Draw Texturing Machines Shipments (2019):
Percentage Share Breakdown of Shipments by Segment for Single
Heater and Double Heater
Knitting Machinery
EXHIBIT 6: Global Knitting Machines Shipments (2019):
Percentage Share Breakdown of Shipments by Segment for Large
Circular Knitting Machines (Single and Double), and Flat
Knitting Machines
Weaving Machines
EXHIBIT 7: Global Weaving Machines Shipments (2019): Percentage
Share Breakdown of Shipments by Segment for Air-Jet, Rapier &
Projectile, and Water-Jet
Overview of Textile Industry
EXHIBIT 8: Global Textiles Market by End-Use Application (2019
): Percentage Breakdown of Volume Sales for Apparel, Home
Textiles, Nonwovens and Technical Textiles
EXHIBIT 9: Global Textile Materials Market (2020): Percentage
Breakdown of Market Volume by Product Group/Segment
EXHIBIT 10: Global Market for Nonwovens (2019): Percentage
Breakdown of Value Sales by Application
Recent Market Activity
World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Industry 4.0 Set to Reboot & Intensify Digitalization to
Benefit Textile Machinery Industry
Industry 4.0 Brings together Connectivity, Flexible Automation &
Intelligence
Artificial Intelligence to Bring Improved Quality Control in
Textiles & Apparel Sector
Advancements in the Weaving Machinery Market
Sustainability Gains Prominence
3D Weaving Machines Becoming the Mainstay
Fashion Conscious Women Bodes Well for Textile Machinery Market
Increasing Demand for Technical Textiles Lends Traction to
Market Growth
EXHIBIT 11: World Textile Production by Textile Type (2019):
Percentage Breakdown of Production Volume for Technical
Textiles and Traditional Textiles
EXHIBIT 12: World Technical Textiles Production by Country/
Region (2019): Percentage Breakdown of Volume Production for
Americas, China, EU, India, and Rest of World Country/Region
% Share
EXHIBIT 13: World Technical Textiles Production by Textile Type
(2019): Percentage Breakdown of Production Volume for
Composites, Nonwovens and Woven
EXHIBIT 14: World Technical Textiles Market Annual Sales
Breakdown (%) by Application for 2019 and 2025
Circular Knitting Machines: An Overview
Macro Factors Driving the World Textiles Sector Generate
Parallel Opportunities for Textiles Machinery
Expanding Clothing & Textile Needs of Ballooning World Population
EXHIBIT 15: World Population Estimates (2000-2050)
Rapid Pace of Urbanization
EXHIBIT 16: World Percentage of Population Residing in Urban
Areas by Region: 2000, 2010, 2020, 2030, 2040, and 2050
Rising Affluence of Middle Class Consumer Segment
EXHIBIT 17: Global Middle Class Population (in Millions) and as
a Percentage of Total Population: 2005, 2015, 2025 & 2035
EXHIBIT 18: Global Middle Class Spending (in US$ Trillion) by
Geographic Region
Technology Advancements Open New Growth Avenues
Select Recent Product Developments/Innovations
TRADE STATISTICS
EXHIBIT 19: Global Exports of Spinning Machines (2019):
Breakdown of Export Value in US$ ?000s by Destination Country
EXHIBIT 20: Global Exports of Weaving Machines (Looms) (2019):
Breakdown of Export Value in US$ ?000s by Destination Country
EXHIBIT 21: Global Exports of Textile Machinery (Extruding,
Drawing, Texturing, Cutting Man-Made Textile Materials) (2019
): Breakdown of Export Value in US$ ?000s by Destination
Country
EXHIBIT 22: Global Exports of Knitting Machinery (Flat; Stitch
-bonding) (2019): Breakdown of Export Value in US$ ?000s by
Destination Country

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Textile Machinery
by Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2020 through 2027 and % CAGR

Table 2: World Historic Review for Textile Machinery by
Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 3: World 15-Year Perspective for Textile Machinery by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Japan, China, Europe, Asia-Pacific, Latin America and Rest
of World Markets for Years 2012, 2020 & 2027

Table 4: World Current & Future Analysis for Spinning Machines
by Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2020 through 2027 and % CAGR

Table 5: World Historic Review for Spinning Machines by
Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 6: World 15-Year Perspective for Spinning Machines by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Japan, China, Europe, Asia-Pacific, Latin America and Rest
of World for Years 2012, 2020 & 2027

Table 7: World Current & Future Analysis for Draw Texturizing
Machines by Geographic Region – USA, Japan, China, Europe,
Asia-Pacific, Latin America and Rest of World Markets –
Independent Analysis of Annual Sales in Units for Years 2020
through 2027 and % CAGR

Table 8: World Historic Review for Draw Texturizing Machines by
Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 9: World 15-Year Perspective for Draw Texturizing
Machines by Geographic Region – Percentage Breakdown of Volume
Sales for USA, Japan, China, Europe, Asia-Pacific, Latin
America and Rest of World for Years 2012, 2020 & 2027

Table 10: World Current & Future Analysis for Knitting Machines
by Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2020 through 2027 and % CAGR

Table 11: World Historic Review for Knitting Machines by
Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 12: World 15-Year Perspective for Knitting Machines by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Japan, China, Europe, Asia-Pacific, Latin America and Rest
of World for Years 2012, 2020 & 2027

Table 13: World Current & Future Analysis for Other Machine
Types by Geographic Region – USA, Japan, China, Europe,
Asia-Pacific, Latin America and Rest of World Markets –
Independent Analysis of Annual Sales in Units for Years 2020
through 2027 and % CAGR

Table 14: World Historic Review for Other Machine Types by
Geographic Region – USA, Japan, China, Europe, Asia-Pacific,
Latin America and Rest of World Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 15: World 15-Year Perspective for Other Machine Types by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Japan, China, Europe, Asia-Pacific, Latin America and Rest
of World for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Market Overview
The US Textile Machinery Market: Immediate Prospects Remain
Sluggish
EXPORT-IMPORT DATA
EXHIBIT 23: US Imports of Textile Spinning Machinery (2019):
Breakdown of Import Value by Country of Origin
EXHIBIT 24: US Imports of Carding Machinery (Textile Fiber
Preparation) (2019): Breakdown of Import Value by Country of
Origin
EXHIBIT 25: US Imports of Weaving Machines (Looms) (2019):
Breakdown of Import Value by Country of Origin
EXHIBIT 26: US Imports of Circular Knitting Machines (Cylinder
Diameter More than 165 mm) (2019): Breakdown of Import Value
by Country of Origin
EXHIBIT 27: US Imports of Flat Knitting Machines (2019):
Breakdown of Import Value by Country of Origin
EXHIBIT 28: US Imports of Finishing of Felt or Nonwovens
Machines (2019): Percentage Breakdown of Import Value by
Country of Origin
EXHIBIT 29: US Imports of Extruding, Drawing, Texturing or
Cutting Man-Made Textile Material Machines (2019): Percentage
Breakdown of Import Value by Country of Origin
Table 16: USA Current & Future Analysis for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 17: USA Historic Review for Textile Machinery by Machine
Type – Spinning Machines, Draw Texturizing Machines, Knitting
Machines and Other Machine Types Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 18: USA 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

JAPAN
Market Overview
Table 19: Japan Current & Future Analysis for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 20: Japan Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 21: Japan 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

CHINA
Despite COVID-19 Scare, China to Remain the Most Important
Market for Textile Machinery
Textile Machinery Exports to Remain Firm
Export Import Scenario
EXHIBIT 30: Chinese Exports of Knitting Machinery (Flat;
Stitch-bonding) (2019): Percentage Share Breakdown of Export
Value by Destination Country
EXHIBIT 31: Chinese Imports of Spinning Machines (2019):
Percentage Share Breakdown of Import Value by Country of
Origin
EXHIBIT 32: Chinese Imports of Carding Machines (2019):
Percentage Share Breakdown of Import Value by Country of
Origin
Table 22: China Current & Future Analysis for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 23: China Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 24: China 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

EUROPE
Textile Machinery Market in Europe takes a Hit Amid COVID-19
Outbreak
Table 25: Europe Current & Future Analysis for Textile
Machinery by Geographic Region – Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets – Independent Analysis of
Annual Sales in Units for Years 2020 through 2027 and % CAGR

Table 26: Europe Historic Review for Textile Machinery by
Geographic Region – Germany, Italy, UK, Spain, Russia and Rest
of Europe Markets – Independent Analysis of Annual Sales in
Units for Years 2012 through 2019 and % CAGR

Table 27: Europe 15-Year Perspective for Textile Machinery by
Geographic Region – Percentage Breakdown of Volume Sales for
Germany, Italy, UK, Spain, Russia and Rest of Europe Markets
for Years 2012, 2020 & 2027

Table 28: Europe Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 29: Europe Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 30: Europe 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

GERMANY
Market Overview
Table 31: Germany Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 32: Germany Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 33: Germany 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

ITALY
Market Overview
Table 34: Italy Current & Future Analysis for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 35: Italy Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 36: Italy 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

UNITED KINGDOM
Table 37: UK Current & Future Analysis for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 38: UK Historic Review for Textile Machinery by Machine
Type – Spinning Machines, Draw Texturizing Machines, Knitting
Machines and Other Machine Types Markets – Independent Analysis
of Annual Sales in Units for Years 2012 through 2019 and % CAGR

Table 39: UK 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

SPAIN
Market Overview
Table 40: Spain Current & Future Analysis for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 41: Spain Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 42: Spain 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

RUSSIA
Table 43: Russia Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 44: Russia Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 45: Russia 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

REST OF EUROPE
Table 46: Rest of Europe Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 47: Rest of Europe Historic Review for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 48: Rest of Europe 15-Year Perspective for Textile
Machinery by Machine Type – Percentage Breakdown of Volume
Sales for Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types for the Years 2012,
2020 & 2027

ASIA-PACIFIC
Table 49: Asia-Pacific Current & Future Analysis for Textile
Machinery by Geographic Region – India and Rest of Asia-Pacific
Markets – Independent Analysis of Annual Sales in Units for
Years 2020 through 2027 and % CAGR

Table 50: Asia-Pacific Historic Review for Textile Machinery by
Geographic Region – India and Rest of Asia-Pacific Markets –
Independent Analysis of Annual Sales in Units for Years 2012
through 2019 and % CAGR

Table 51: Asia-Pacific 15-Year Perspective for Textile
Machinery by Geographic Region – Percentage Breakdown of Volume
Sales for India and Rest of Asia-Pacific Markets for Years
2012, 2020 & 2027

Table 52: Asia-Pacific Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 53: Asia-Pacific Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 54: Asia-Pacific 15-Year Perspective for Textile
Machinery by Machine Type – Percentage Breakdown of Volume
Sales for Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types for the Years 2012,
2020 & 2027

INDIA
Market Overview
Growth Opportunities Amidst COVID-19 Outbreak and Rising Anti-
China Sentiment
An Import Centric Nation
Export Import Scenario
EXHIBIT 33: Indian Exports of Weaving Machines (Looms) (2019):
Percentage Share Breakdown of Export Value by Destination
Country
EXHIBIT 34: Indian Exports of Knitting Machines (Flat, Stitch-
Bonding) (2019): Percentage Share Breakdown of Export Value by
Destination Country
EXHIBIT 35: Indian Imports of Weaving Machines (Looms) (2019):
Percentage Share Breakdown of Import Value by Country of
Origin
Table 55: India Current & Future Analysis for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types – Independent
Analysis of Annual Sales in Units for the Years 2020 through
2027 and % CAGR

Table 56: India Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 57: India 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

REST OF ASIA-PACIFIC
Overview of Select Markets
Bangladesh
Pakistan
Taiwan
Table 58: Rest of Asia-Pacific Current & Future Analysis for
Textile Machinery by Machine Type – Spinning Machines, Draw
Texturizing Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 59: Rest of Asia-Pacific Historic Review for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types Markets –
Independent Analysis of Annual Sales in Units for Years 2012
through 2019 and % CAGR

Table 60: Rest of Asia-Pacific 15-Year Perspective for Textile
Machinery by Machine Type – Percentage Breakdown of Volume
Sales for Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types for the Years 2012,
2020 & 2027

LATIN AMERICA
Table 61: Latin America Current & Future Analysis for Textile
Machinery by Geographic Region – Brazil and Rest of Latin
America Markets – Independent Analysis of Annual Sales in Units
for Years 2020 through 2027 and % CAGR

Table 62: Latin America Historic Review for Textile Machinery
by Geographic Region – Brazil and Rest of Latin America Markets –
Independent Analysis of Annual Sales in Units for Years 2012
through 2019 and % CAGR

Table 63: Latin America 15-Year Perspective for Textile
Machinery by Geographic Region – Percentage Breakdown of Volume
Sales for Brazil and Rest of Latin America Markets for Years
2012, 2020 & 2027

Table 64: Latin America Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 65: Latin America Historic Review for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 66: Latin America 15-Year Perspective for Textile
Machinery by Machine Type – Percentage Breakdown of Volume
Sales for Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types for the Years 2012,
2020 & 2027

BRAZIL
Table 67: Brazil Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 68: Brazil Historic Review for Textile Machinery by
Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 69: Brazil 15-Year Perspective for Textile Machinery by
Machine Type – Percentage Breakdown of Volume Sales for
Spinning Machines, Draw Texturizing Machines, Knitting Machines
and Other Machine Types for the Years 2012, 2020 & 2027

REST OF LATIN AMERICA
Table 70: Rest of Latin America Current & Future Analysis for
Textile Machinery by Machine Type – Spinning Machines, Draw
Texturizing Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 71: Rest of Latin America Historic Review for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types Markets –
Independent Analysis of Annual Sales in Units for Years 2012
through 2019 and % CAGR

Table 72: Rest of Latin America 15-Year Perspective for Textile
Machinery by Machine Type – Percentage Breakdown of Volume
Sales for Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types for the Years 2012,
2020 & 2027

REST OF WORLD
Table 73: Rest of World Current & Future Analysis for Textile
Machinery by Machine Type – Spinning Machines, Draw Texturizing
Machines, Knitting Machines and Other Machine Types –
Independent Analysis of Annual Sales in Units for the Years
2020 through 2027 and % CAGR

Table 74: Rest of World Historic Review for Textile Machinery
by Machine Type – Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types Markets – Independent
Analysis of Annual Sales in Units for Years 2012 through 2019
and % CAGR

Table 75: Rest of World 15-Year Perspective for Textile
Machinery by Machine Type – Percentage Breakdown of Volume
Sales for Spinning Machines, Draw Texturizing Machines,
Knitting Machines and Other Machine Types for the Years 2012,
2020 & 2027

IV. COMPETITION
Total Companies Profiled: 193
Read the full report: https://www.reportlinker.com/p05864179/?utm_source=GNW

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Artificial Intelligence

Amp Finalises Commercial Agreements for Cape Hardy Advanced Fuels Precinct

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amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct

ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.

The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity.   The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities.  To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.   
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress.  The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”).  With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region.  Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy

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Artificial Intelligence

GEEKOM A8 AI PC is now available for €799 and up.

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TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.

The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
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Artificial Intelligence

AI-exposed sectors experience productivity surge as AI jobs climb and see up to 25% wage premium: PwC 2024 Global AI Jobs Barometer

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Sectors more exposed to AI are experiencing almost fivefold (4.8x) greater labour productivity growth (‘AI exposed’ means AI can readily be used for some tasks)Postings for AI jobs are growing 3.5x faster than for all jobs. For every AI job posting in 2012, there are now seven job postingsJobs that require AI skills carry up to a 25% wage premium in some marketsAI-driven spike in productivity could allow many nations to break out of persistent low productivity growth, generating economic development, higher wages, and enhanced living standardsSkills sought by employers are changing at a 25% higher rate in occupations most exposed to AI. To stay relevant in these occupations, workers will need to demonstrate or acquire new skillsLONDON, May 21, 2024 /PRNewswire/ — Sectors more exposed to AI are experiencing almost five times (4.8x) higher growth in labour productivity, according to PwC’s inaugural 2024 Global AI Jobs Barometer, published today.

The report, which analysed over half a billion job ads from 15 countries, suggests that AI could allow many nations to break out of persistent low productivity growth, generating economic development, higher wages, and enhanced living standards.
The report finds that for every job posting requiring AI specialist skills (i.e., machine learning) in 2012, there are now seven job postings.[1] PwC research also finds that growth in jobs demanding AI skills has outpaced all jobs since 2016, with postings for jobs requiring AI skills growing 3.5x faster than for all jobs.
The findings also highlight economic opportunity for labour forces: jobs that require AI skills carry up to a 25% average wage premium in some markets.
Skills sought by employers are changing much faster in occupations more exposed to AI, with old skills disappearing – and new skills appearing – in job ads at a 25% higher rate than in occupations less exposed to AI. To stay relevant in these occupations, workers will need to demonstrate or acquire new skills.
As questions abound around the technology’s impact on everything from job security to long-term business viability, the findings highlight positive news, even for workers in sectors most exposed to AI. The findings also reflect a good news story for workers and the global economy in which AI-enabled workers are more productive and more valuable, opening the door to rising prosperity for workers and nations.
Carol Stubbings, Global Markets and Tax & Legal Services (TLS) Leader, PwC UK, says:
“AI is transforming the labour market globally and presents good news for a global economy hindered by deep economic challenges and concerns around long-term business viability. For many economies experiencing labour shortages and low productivity growth, the findings highlight optimism around AI with the technology representing an opportunity for economic development, job-creation, and the creation of new industries entirely. However, the findings show that workers will need to build new skills and organisations will need to invest in their AI strategies and people if they are to turbocharge their development and ensure they are fit for the AI age.”
Near fivefold productivity growth in sectors more exposed to AI
The findings paint a positive picture of the impact of AI on labour markets and productivity. Sectors most exposed to AI – financial services, information technology, and professional services – are experiencing nearly five times higher labour productivity growth than sectors less exposed to AI.[2]
Jobs that require AI skills carry significant wage premiums
Across the five major labour markets for which wage data is available (US, UK, Canada, Australia and Singapore), jobs that require AI specialist skills carry a significant wage premium (up to 25% on average in the US), underlining the value of these skills to companies. Across industries (in the US for example), this can range from 18% for accountants, 33% for financial analysts, 43% for sales and marketing managers, to 49% for lawyers. While the wage premium differs by market, overwhelmingly this is higher in all markets analysed.
AI penetration is accelerating, particularly in knowledge work sectors
The study finds that knowledge work sectors are seeing the most rapid growth in the share of roles requiring AI skills. This includes financial services (2.8x higher share of jobs requiring AI skills vs other sectors), professional services (3x higher), and information & communication (5x higher).[3]
No going back to yesterday’s jobs markets: the skills building imperative
Companies, workers, and policymakers share responsibility for helping workers build the skills to succeed in a fast-changing jobs market. Skills demanded by employers in occupations more exposed to AI are changing at a 25% higher rate than in less exposed occupations. 69% of CEOs expect AI will require new skills from their workforce, rising to 87% of CEOs who have already deployed AI, according to PwC’s 27th Annual Global CEO Survey 2024. 
Pete Brown, Global Workforce Leader, PwC UK, adds:
“Businesses and governments around the world will need to ensure they are adequately investing in the skills required for both their people and organisations if they are to thrive in a global economy and labour market being transformed by AI. Equally, there is tremendous opportunity for people, organisations, and economies with expertise in new and emerging technologies such as AI. Ensuring a skills-first approach to recruitment as well as continued investment in workforce upskilling is imperative as no industry or market will remain immune to the impact of AI’s technological and economic transformation.”
Scott Likens, Global AI and Innovation Technology Leader, PwC US, concluded:
“AI provides much more than efficiency gains. AI offers fundamentally new ways of creating value. In our work with clients, we see companies using AI to amplify the value their people can deliver. We don’t have enough software developers, doctors, or scientists to create all the code, healthcare, and scientific breakthroughs the world needs. There is a nearly limitless demand for many things if we can improve our ability to deliver them – and limitless opportunity for organisations and individuals that invest in learning and applying the technology.”
Notes to Editors:
About the PwC 2024 Global AI Jobs Barometer
PwC’s new Global AI Jobs Barometer uses half a billion job ads from 15 countries to examine AI’s impact on jobs, skills, wages, and productivity. Analysing data from the past decade and across a large number of sectors, the report provides insight on AI job penetration, salary premiums, vacancy rates and more. The report will be presented at the VivaTech Summit in Paris by PwC global leaders.
About PwC
© 2024 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see http://www.pwc.com/structure for further details. 
[1] Refers to six of the fifteen countries analysed: US, UK, Singapore, Australia, Canada and New Zealand.[2] Due to the availability of OECD data, PwC analysis focused on just these six sectors profiled for the period 2018-2022 (2023 data has not yet been released).[3] Other sectors include: Agriculture, Mining, Power, Water, Retail Trade, Transportation, Accomodation, Real Estate, Administrative, Arts and Entertainment, Household Activities, Construction, Manufacturing, Education and Social Activities and ExtraCurricular Activities.
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