Global Sewing Machines Strategic Business Report 2024: Market to Reach $6.9 Billion by 2030 - Innovative Embroidery Software Spells Significant Market Opportunities

Dublin, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The "Sewing Machines - Global Strategic Business Report" report has been added to * ResearchAndMarkets.com's* offering.

*Global Sewing Machines Market to Reach $6.9 Billion by 2030*

The global market for Sewing Machines estimated at US$4.7 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Apparel, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$4.3 Billion by the end of the analysis period. Growth in the Non-Apparel segment is estimated at 4.1% CAGR for the next 8-year period.
The report provides an introduction to sewing machines, covering both home and industrial categories. It offers insights into the global economic landscape and assesses the impact of COVID-19 on the sewing machines market.

A competitive landscape analysis is presented, including the market share of key competitors and an assessment of their market presence among 152 players worldwide in 2023. The report offers a comprehensive overview and analysis of the global sewing machines market, forecasting rapid growth with industrial sewing machines leading the market.

*The U.S. Market is Estimated at $817 Million, While China is Forecast to Grow at 5.9% CAGR*

The Sewing Machines market in the U.S. is estimated at US$817 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Additionally, it highlights the role of developing economies in driving long-term growth and provides insights into recent market activity, along with influencer/product/technology insights shaping the future of the sewing machines industry.

*Key Attributes:*
*Report Attribute* *Details*
No. of Pages 487
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $4.7 Billion
Forecasted Market Value (USD) by 2030 $6.9 Billion
Compound Annual Growth Rate 4.9%
Regions Covered Global*MARKET TRENDS & DRIVERS*

· Rising Demand for Advanced and Feature-Rich Sewing Machines to Drive Healthy Long-term Gains
· Energy-Efficiency: A Key Factor Driving Technology Innovation
· Computerized Sewing Machines: A Major Innovation Fueling Market Growth
· Innovative Embroidery Software Spells Significant Market Opportunities
· Rise of Sewing as a Leisure Activity among New Sewing Enthusiasts Drive Demand for Household Sewing Machines
· Key Purchase Considerations for Pros and Beginners
· Rising Interest of DIYers Promises Bright Prospects for the Market
· User-Friendly Models for New Sewing Enthusiasts to Propel Adoption
· Portable Sewing Machines Gain Momentum
· Specialized Sewing Machines for Sewing, Repairing, and Fixing Leather Products Grow in Prominence
· Apparel Demand and Textile Making Industry Trends to Influence Demand for Industrial Sewing Machines
· Industrial Sewing Machines Market Witnesses the Continued Dominance of the Flat-bed Sewing Machine Category
· Computer-Controlled Sewing Machines Witness Increased Demand Led by Automation of End-Use Industries
· Demand Growth for Industrial Sewing Machines to be More from the Non-Apparel Market
· Automated, Electric Industrial Sewing Machines Bringing Major Changes to Apparel Manufacturing
· Increased Demand for Textile Machinery and Technologies Bodes Well for Market Growth
· Fashion Conscious Women Trigger Changes in Player Strategies
· Industrial Sewing Machines for Aerospace and Space Industry Registers Steady Growth
· Technical Textiles Present Opportunities for Industrial Sewing Machines Market
· Embroidery Machines: Enabling Craft Work in Fashion Industry
· Factors Determining the Choice of An Appropriate Embroidery Machine
· Industry 4.0 Brings together Connectivity, Flexible Automation & Intelligence
· Robotic Tailoring: The Future of Fashion to Propel Market Growth
· The Transformational Impact of Sewing Robots
· Automation of Sewing Process Flows Gains Momentum
· Latest Technological Developments in the Sewing Machines Market
· Market to Benefit from the Emergence of Novel Sewing Machines with Various Features
· Sewing Machine Innovations & Advancements to Spur Market Growth
· Advanced PC and Wi-Fi-Enabled Sewing Machines
· Machines with In-Built Needle Threader, Top Loading and Drop-in Bobbin Systems
· Sewing Machines for Stitching Robots, Implantable Systems and Wearable Electronics
· Digitally Advanced Sewing Machines
· High-Speed Sewing Machines
· Stitch Regulator Technologies for Mastering Free Motion Techniques
· Voice Control and AI for Consumer Sewing machine Developed by SVP Worldwide and Etteplan (2022)
· Select Recent Innovations
· Online Marketing Increases Market Competition
· Demographic Factors Influence Industry Dynamics
· Expanding Global Population
· Women: The Largest Consumer Base for Home Sewing Machines
· Burgeoning Middle Class Population
· Operator Safety: A Major Challenge Confronting Sewing Machines Market

*FOCUS ON SELECT PLAYERS **(Total 152 Featured)*

· Mitsubishi Electric Corporation
· Mitsubishi Corporation
· Brother Industries Ltd.
· Amada Co., Ltd.
· Husqvarna AB
· Mitsubishi Electric Factory Automation
· Newlong Industrial Co., Ltd.
· Myer Pty Ltd.
· China National Machinery Imp. & Exp.Corp.
· Echidna, Inc.
· H. S. Machinery Co., Ltd.
· Moratto S.R.L.
· Iron Fox S.R.L.
· Nitto Kohki Company Limited
· Ningbo Yonggang Instrument Company Limited

For more information about this report visit https://www.researchandmarkets.com/r/opkmpi

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*Attachment*

· Sewing Machines Market

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