Metar Machines announced the shift of the company from 3rd generation machines to the 4th generation machines. The machines have become more efficient with the help of HMI.
RieterHolding Ltd. announced the acquisition of three subsidiaries of Saurer, namely Spinning Solutions GmbH & Co. KG, Uebach-Palenberg, and Saurer Technologies GmbH & Co. KG, Krefeld. It will strengthen its ring and compact-spinning system and fix its market position.
Author Credits: Rushikesh, Richa Gupta
Report ID: 5234
Published Date: Sep 15, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing investment in clean energy and rising manufacturing of consumer electronics are the major factors driving the market growth.
The market size of coil winding machine is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are Bestec CO., Ltd., Whitelegg Machines, Gorman Machine Corp., Micro Tool and Machines Ltd., Metar Machines, Shining Sun Enterprise, Wellyang Electronic Technology, B.M.P. & Equipment, BR Technologies, and Rieter Holding Ltd.
The automatic coil winding machine segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.