Intelligent Knitting Machine Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The global intelligent knitting machine market was valued at approximately USD 1.2 billion in 2022 and is expected to witness significant growth over the coming years. This market is projected to grow at a compound annual growth rate (CAGR) of around 6.5% from 2022 to 2030, driven by advancements in automation and increasing demand for sustainable textile production. The integration of IoT and AI technologies into knitting machines has boosted production efficiency, allowing for real-time monitoring and enhanced quality control. Moreover, the growing adoption of smart manufacturing processes across the textile industry, particularly in developed markets such as North America and Europe, is further contributing to market expansion.Emerging markets in Asia-Pacific, such as China, India, and Bangladesh, present substantial growth opportunities due to the region's established textile manufacturing hubs and increasing investments in automation. Additionally, factors such as rising consumer demand for high-quality and customized textile products, coupled with the shift towards more eco-friendly production methods, are expected to accelerate market growth. The growing awareness and implementation of Industry 4.0 principles in the textile sector have also opened doors for the adoption of intelligent knitting machines in these regions. As the market evolves, the demand for more versatile, faster, and energy-efficient machines is expected to create new growth opportunities globally.
Get an In-Depth Research Analysis of the Global Intelligent Knitting Machine Market Size And Forecast [2025-2032]
Ningbo Cixing
Tayu Machine
JINGWEI Textile Machinery
Aotujingmi
Santoni
SHIMA SEIKI
Mayer & Cie
Terrot
Fukuhara
Stoll
Karl Mayer
Jiangsu Joinlong Technology
Fujian Hongqi
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Intelligent Knitting Machine Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Intelligent Knitting Machine Market
Clothing Industry
High Performance Composite Material Industry
Based on Types the Market is categorized into Below types that held the largest Intelligent Knitting Machine market share In 2023.
Flat Knitting Machine
Circular Machine
Warp Knitting Machine
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Intelligent Knitting Machine Market Research Analysis
1. Introduction of the Global Intelligent Knitting Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Intelligent Knitting Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Intelligent Knitting Machine Market, By Type
6. Global Intelligent Knitting Machine Market, By Application
7. Global Intelligent Knitting Machine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Intelligent Knitting Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/