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Precision and Efficiency: Innovations in Sewing Machine Design

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Posted 2024-01-01 12:21:57

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Sewing Machine Market size was valued at US$ 5.91 Bn. in 2023 and the total revenue is expected to grow at CAGR 5.68% through 2024 to 2030, reaching nearly US$ 8.71 Bn.

Sewing Machine Market Overview:

The Sewing Machine market has witnessed significant growth and evolution in recent years, driven by the increasing demand for non-contact temperature measurement solutions across various industries. These devices have gained widespread acceptance due to their speed, accuracy, and non-invasive nature, making them ideal for applications in healthcare, industrial settings, and consumer electronics. The ongoing global emphasis on health and safety, especially in the wake of the COVID-19 pandemic, has further accelerated the adoption of Sewing Machines for fever screening and contactless temperature monitoring. Additionally, advancements in technology have led to the development of more compact, user-friendly, and affordable Sewing Machines, expanding their usage in both professional and personal settings. As the market continues to innovate, stakeholders are likely to witness a continued surge in demand, driven by the growing awareness of the advantages offered by Sewing Machines in temperature measurement and monitoring.

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Sewing Machine Market Scope:

The scope of the Sewing Machine market encompasses a broad range of applications and industries, reflecting the versatile nature of these devices. In the healthcare sector, Sewing Machines have become indispensable tools for non-contact temperature measurement, playing a crucial role in early fever detection and monitoring. The industrial segment utilizes these thermometers for various purposes, including preventive maintenance, quality control, and safety protocols. In consumer electronics, the demand for Sewing Machines has surged, driven by the desire for convenient and efficient temperature measurement solutions. Moreover, the agriculture and food industries leverage these devices for temperature monitoring in production processes and storage facilities. The expanding scope of the Sewing Machine market is also attributed to the ongoing technological advancements, such as enhanced accuracy and connectivity features, further widening their applicability across diverse sectors. As a result, the market's scope is poised for continuous expansion, with opportunities for growth in both traditional and emerging industries.

Sewing Machine Market Segmentation:

The market is divided into categories such as mechanical, electronic, embroidery, and others based on the type of product.

In 2023, the Electronic Sewing Machine category held the highest market share, accounting for 44.71%. Over the forecast period, this segment is anticipated to grow at a CAGR of 5.39%. Due to their many features, including superior quality, sophisticated stitching, and increased precision, electronic sewing machines are highly preferred by customers worldwide.

Over the course of the forecast period, the embroidery sewing machine segment is anticipated to grow at a CAGR of 4.92%. The fashion and textile industries frequently use embroidery sewing machines to create a variety of embroidered fabric patterns.

The market is divided into two segments based on End-Use: Household and Industrial. With a 64.51% market share in 2023, the Industrial segment was the largest in the market. Over the course of the forecast period, the segment is anticipated to grow at a CAGR of 6.1%. Due to their larger size, greater variety in sizes, and lower cost compared to household machines, industrial machines have taken over the market. Global production of industrial sewing machines is predicted to increase in response to the growing need for sewing machines with high levels of accuracy and speed.

Over the course of the forecast period, the Household segment is anticipated to grow at the highest CAGR of 4.93%. Sewing machine demand is rising due in large part to rising textile production and rising global consumer disposable income.

The market is divided into apparel and non-apparel categories based on application. Over the course of the forecast period, the apparel segment is anticipated to grow at the fastest rate—5.84%. The demand for this segment is a result of both the urban population and the fashion industry's steady growth. 9.The non-apparel segment is in higher demand due to growing demand from the automotive, healthcare, construction, and other industries. Sewing machines are used for a variety of items in the non-apparel market, including car seat covers, belts, purses, and bags.

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Sewing Machine Market Key Players: The key players are

Sewing Machine Market Key Players for North America

North America
1. Ares Capital Corp. (US)
2. Brother International Corp. (US)
3. China Feiyue USA Inc. (US)
4. Singer Corporation (US)
5. Baby Lock (US)
6. BERNINA of America, Inc. (US)
Asia-Pacific
1. Brother Industries, Ltd. (Japan)
2. JACK Sewing Machine Co. Ltd. (China)
3. Janome Sewing Machine co. Ltd. (Japan)
4. JUKI Corp.(Japan)
5. Mitsubishi Electric Corp. (Japan)
6. Shang Gong Group Co. Ltd. (China)
7. ZOJE Sewing Machine Co. Ltd. (China)
8. Seiko Sewing Machine Co. Ltd. (Japan)
9. Toyota (Japan)
10. Usha International (India)
11. Million Special Industries Co. Ltd. (Taiwan)
Europe
1. BERNINA International AG (Switzerland)
2. PFAFF Industriesysteme und Maschinen GmbH (Germany)
3. Kaulin (Finland)

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Sewing Machine Market Regional Analysis:

The Sewing Machine market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Sewing Machine market share and will continue to be a major shareholder in the global Sewing Machine market.

COVID-19 Impact Analysis on Sewing Machine Market: The COVID-19 impact on the Sewing Machine market is also included in the report

Key Questions Answered in the Sewing Machine Market Report are:

What will be the CAGR of the Sewing Machine market during the forecast period?
Which segment emerged as the leading segment in the Sewing Machine market?
Which are the prominent players in the Sewing Machine market?

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