Global Sewing Machine Industry Expected To Hit $6.4 Billion By 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Sewing Machines Market Research Report by Product Type (Electronics, Embroidery, and Mechanical), Distribution Channel, Application, Region (Americas, Asia-Pacific, and Europe, Middle East, and Africa) – Global Forecast up to in 2027 – Cumulative impact of COVID-19″ report has been added to from ResearchAndMarkets.com offer.

The global sewing machine market size was estimated at USD 4,278.35 million in 2021 and is projected to reach USD 4,575.69 million in 2022, and is projected to grow at a CAGR of 7.20% to reach 6,494.79 million USD by 2027.

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix rates and categorizes the vendors in the Sewing Machines Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Ratio price-performance, ease-of-use, product features and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals market characteristics in terms of accumulation, fragmentation, dominance and melting traits.

The report provides information about the following pointers:

1. Market Penetration: Provides comprehensive information about the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments

3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players

5. Product Development and Innovation: Provides smart insights into future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the global sewing machine market?

2. What are the inhibiting factors and impact of COVID-19 on the global sewing machine market during the forecast period?

3. What are the products/segments/applications/areas to invest in during the forecast period in the Global Sewing Machines Market?

4. What is the competitive strategic window for opportunities in the Global Sewing Machines Market?

5. What are the technology trends and regulatory frameworks in the global sewing machine market?

6. What is the market share of the major vendors in the global sewing machine market?

7. Which modes and strategic moves are considered suitable for entering the global sewing machine market?

Market dynamics

Drivers

• Increase the growth of the global textile industry

• Growing use of sewing machines in automotive and construction

• Rise of sewing as a hobby among new sewing enthusiasts

Constraints

• High price of industrial sewing machines

Opportunities

• Technological advancements in sewing machines

• Emerging adoption of electric vehicles and adoption of sustainable car accessories

Challenges

• Prevalence of musculoskeletal disorders among sewing machine workers

Companies cited

• AMF Reece CR, sro

• Bernina International AG

• Brother Industries, Ltd

• China Feiyue USA Inc.

• Durkopp Adler

• JACK Sewing Machine Co. Ltd.

• jaguar sewing machines

• Janome Sewing Machine Co Ltd

• JUKI Corporation

• Kaulin Manufacturing Co., Ltd.

• lock co., ltd

• Merrow Sewing Machine Company

• Mitsubishi Electric Corporation

• Necchi Italia Srl

• Seiko Sewing Machine Co.,Ltd

• SGSB Group Co., Ltd.

• Singer India Limited

• SVP Holdings Ltd.

• Tacony Corporation

• Tajima Industries Ltd

• Usha International Limited

• VSM Group AB

• White sewing machine company

• ZOJE Sewing Machine Co.Ltd.

For more information on this report, visit https://www.researchandmarkets.com/r/e7zlgn