Sewing machine components Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0207901
  • Format: Electronic (PDF)
  • Number of Pages: 187
  • Author(s): Joshi, Madhavi

Report Overview

The Sewing machine components Market size was estimated at USD 2.85 billion in 2023 and is projected to reach USD 4.25 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2024-2030).

Sewing machine components Market

(Market Size)
$2.85 billion
$4.25 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.00%
2023 Market Size USD 2.85 billion
2030 Market Size USD 4.25 billion
Key Players Brother, Janome, Singer, Juki, Jack

Market Summary

The sewing machine components market is an integral segment within the broader manufacturing and construction industries, supplying essential parts that ensure the operational efficiency and longevity of sewing machinery. These components include needles, bobbins, feed dogs, hook systems, motors, and electronic controls, among others. The market caters to diverse sectors such as apparel manufacturing, automotive interiors, upholstery, and technical textiles. Demand is driven by the need for precision, durability, and innovation in sewing applications, with manufacturers focusing on producing high-quality parts that meet stringent industry standards. The market is characterized by a global supply chain, with significant production and consumption hubs in Asia Pacific, North America, and Europe. Technological advancements, including the integration of IoT and automation in sewing machines, are influencing component design and functionality, leading to smarter, more efficient systems. Companies in this space are continuously engaged in research and development to enhance product performance and cater to evolving end-user requirements. The competitive landscape includes both established players and specialized component manufacturers, all striving to capture market share through innovation, quality, and strategic partnerships.

Key Highlights

The sewing machine components market is distinguished by several key highlights that underscore its dynamism and critical role in industrial operations. One significant aspect is the emphasis on precision engineering, where components are designed to exact tolerances to ensure seamless machine performance and reduce downtime. The adoption of advanced materials, such as carbon composites and specialized alloys, enhances component durability and efficiency, particularly in high-speed industrial sewing applications. Another highlight is the growing integration of electronic and computerized elements, transforming traditional mechanical parts into smart components capable of real-time monitoring and adjustments. This shift supports the trend towards automation and Industry 4.0 in manufacturing sectors. Additionally, the market is witnessing increased demand for customized components tailored to specific machine models and applications, driven by the diverse needs of end-users in apparel, automotive, and construction industries. Sustainability is also becoming a focal point, with manufacturers exploring eco-friendly materials and production processes to align with global environmental standards. The presence of renowned companies like Singer, Brother Industries, Janome, and Juki Corporation further highlights the market's competitive and innovative nature, with these players continuously introducing advanced solutions to maintain their market positions.

Drivers, Opportunities & Restraints

The sewing machine components market is influenced by several drivers, opportunities, and restraints that shape its growth trajectory. Key drivers include the expanding apparel and textile industry, which demands efficient and reliable sewing machinery to meet production volumes and quality standards. The rise of automation in manufacturing processes is another significant driver, as industries seek to enhance productivity and reduce labor costs through advanced sewing systems. Additionally, the growth of the automotive sector, particularly in interior upholstery and safety equipment like airbags, fuels demand for specialized sewing components. Opportunities abound in the development of smart components integrated with IoT capabilities, enabling predictive maintenance and real-time data analytics. The increasing adoption of technical textiles in construction and medical applications also presents new avenues for market expansion. However, the market faces restraints such as the high cost of advanced components, which can be a barrier for small and medium-sized enterprises. Economic fluctuations and supply chain disruptions, as witnessed during global events, can impact production and distribution. Moreover, intense competition from low-cost manufacturers in certain regions may pressure pricing and profit margins, challenging established players to innovate continuously while maintaining cost-effectiveness.

Concentration Insights

The concentration of the sewing machine components market reveals a landscape with a mix of global leaders and regional specialists, each contributing to the industry's diversity and competitiveness. Geographically, Asia Pacific dominates the market, driven by robust manufacturing hubs in countries like China, Japan, and India, where large-scale production of sewing machines and components occurs. This region benefits from cost-effective labor, strong supply chain networks, and high demand from end-use industries such as apparel and automotive. North America and Europe also hold significant shares, characterized by a focus on high-precision, technologically advanced components catering to premium and specialized applications. In terms of company concentration, the market features established players like Singer, Brother Industries, Janome, Juki Corporation, and Bernina, which have extensive product portfolios and global reach. These companies often engage in strategic alliances, mergers, and acquisitions to strengthen their market presence and expand their technological capabilities. Additionally, there are numerous smaller and niche manufacturers that focus on specific components or custom solutions, adding to the market's fragmentation. This concentration dynamic encourages continuous innovation and quality improvement, as companies strive to differentiate themselves and capture value in a competitive environment.

Type Insights

The sewing machine components market encompasses a wide array of types, each serving distinct functions in sewing operations. Key components include needles, which are critical for stitch formation and available in various sizes and point styles to accommodate different fabrics and applications. Bobbins and bobbin cases are essential for holding the lower thread and ensuring smooth thread tension during sewing. Feed dogs, which move the fabric under the needle, come in multiple tooth configurations to handle materials ranging from delicate textiles to heavy leathers. Hook systems, including rotary and oscillating hooks, are vital for interlocking threads in lockstitch machines. Motors, particularly servo motors, have gained prominence for their energy efficiency and precise speed control, replacing traditional clutch motors in many industrial settings. Electronic controls and sensors represent advanced components that enable automated functions, pattern selection, and error detection. Other components include presser feet, tension discs, and drive belts, each contributing to the overall performance and reliability of sewing machines. The diversity in component types allows manufacturers to offer tailored solutions for various sewing applications, from garment construction to technical textiles, emphasizing durability, precision, and compatibility with modern sewing technologies.

Application Insights

Applications of sewing machine components span multiple industries, highlighting their versatility and critical role in manufacturing processes. In the apparel industry, components are used in machines that produce garments, accessories, and footwear, requiring high-speed operation and precision for consistent stitch quality. The automotive sector utilizes sewing components in machinery that manufactures interior upholstery, seat covers, headliners, and safety devices like airbags, where durability and reliability are paramount. The home furnishing and upholstery industry relies on these components for producing items such as curtains, furniture covers, and bedding, often involving heavy-duty materials that demand robust machine parts. Technical textiles represent a growing application area, including products like geotextiles for construction, medical textiles, and protective clothing, which require specialized components to handle unique material properties and stringent performance standards. Additionally, the leather goods industry, encompassing bags, belts, and footwear, uses sewing components designed to work with thick, tough materials. Each application sector has specific requirements for component performance, driving innovation and customization in the market to meet diverse operational needs and enhance overall efficiency in production lines.

Regional Insights

Regional insights into the sewing machine components market reveal distinct patterns of demand, production, and innovation across the globe. Asia Pacific stands as the largest and most dynamic region, led by China, which is a major manufacturing hub for both sewing machines and components. Countries like Japan, India, and Vietnam also contribute significantly, supported by thriving textile and apparel industries and cost-effective manufacturing capabilities. This region benefits from high domestic consumption and export-oriented production, with components often integrated into machines sold worldwide. North America exhibits strong demand for high-precision and advanced components, driven by the presence of automotive and technical textiles industries that require reliable and technologically sophisticated sewing solutions. The United States and Canada are key markets, with a focus on automation and quality. Europe, with countries such as Germany, Italy, and the United Kingdom, emphasizes innovation and sustainability, with manufacturers producing premium components for luxury apparel, automotive interiors, and industrial applications. Latin America and the Middle East and Africa are emerging regions, where growing industrialization and investments in textile manufacturing are gradually increasing the demand for sewing machine components. Each region's unique industrial base and economic conditions influence market dynamics, prompting companies to adopt region-specific strategies to capitalize on local opportunities.

Company Insights

The sewing machine components market features a competitive landscape with several prominent companies and specialized manufacturers driving innovation and quality. Leading players include Singer, a historic brand known for its reliable and diverse component offerings, particularly in household and industrial needles and accessories. Brother Industries, a global giant, provides a comprehensive range of components, emphasizing electronic and computerized parts for modern sewing systems. Janome is renowned for its high-precision components, including feed dogs and hook systems, catering to both domestic and industrial segments. Juki Corporation focuses on industrial-grade components, such as motors and control systems, designed for heavy-duty applications in apparel and automotive industries. Bernina stands out for its premium components, often used in high-end sewing machines for creative and professional applications. Other notable companies include Jack Sewing Machine, which supplies robust components for industrial use, and Jaguar International, known for innovative electronic parts. These companies invest heavily in research and development to introduce advanced materials and smart technologies, enhancing component performance and sustainability. Strategic partnerships, mergers, and acquisitions are common, allowing firms to expand their product portfolios and geographic reach. The presence of these established players, along with niche manufacturers, ensures a vibrant market with continuous advancements and tailored solutions for diverse customer needs.

Recent Developments

Recent developments in the sewing machine components market reflect ongoing innovation and strategic moves by key players to adapt to evolving industry demands. There has been a significant push towards smart components integrated with IoT and AI technologies, enabling features like predictive maintenance, real-time monitoring, and automated adjustments to optimize sewing operations. Companies are increasingly adopting sustainable practices, developing components from recycled materials and implementing energy-efficient manufacturing processes to reduce environmental impact. Collaborations and partnerships have been prominent, such as alliances between component manufacturers and sewing machine producers to co-develop customized solutions for specific applications like technical textiles or automotive interiors. Investments in automation and robotics within production facilities are enhancing the precision and quality of components while reducing lead times. Additionally, market players are expanding their geographic presence through acquisitions and new facility setups in emerging regions to tap into growing demand. The focus on lightweight and durable materials, such as advanced polymers and composites, is gaining traction to improve component performance and longevity. These developments underscore the market's dynamic nature, with continuous efforts to meet the needs of modern manufacturing environments through technological advancement and strategic growth initiatives.

Report Segmentation

The report on the sewing machine components market is segmented to provide a detailed and structured analysis, enabling stakeholders to grasp specific aspects of the industry. Segmentation by type includes categories such as needles, bobbins, feed dogs, hook systems, motors, electronic controls, and others, each examined for their market dynamics, innovation trends, and application suitability. Segmentation by application covers key sectors like apparel manufacturing, automotive interiors, home furnishing and upholstery, technical textiles, leather goods, and others, highlighting the unique component requirements and growth drivers in each area. Geographic segmentation divides the market into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, offering insights into regional production capacities, demand patterns, and competitive landscapes. Additionally, the report may segment by end-user, distinguishing between industrial, commercial, and household users to address varying needs and preferences. Each segment is analyzed in terms of market trends, key players, opportunities, and challenges, providing a comprehensive view that aids in strategic decision-making. This multi-faceted segmentation ensures that the report delivers targeted insights, helping businesses identify growth areas, understand competitive pressures, and align their product development and marketing strategies with market realities.

FAQs

What are the main types of sewing machine components? Sewing machine components include needles, bobbins, feed dogs, hook systems, motors, electronic controls, presser feet, and tension assemblies, each essential for specific functions in sewing operations.

Which industries use sewing machine components? Industries such as apparel manufacturing, automotive interiors, home furnishing, technical textiles, and leather goods extensively use sewing machine components for various production needs.

Who are the key players in the sewing machine components market? Key players include Singer, Brother Industries, Janome, Juki Corporation, Bernina, Jack Sewing Machine, and Jaguar International, among others.

What factors drive demand for sewing machine components? Demand is driven by growth in apparel and automotive sectors, automation trends, need for precision and efficiency, and innovations in smart and sustainable components.

How is technology impacting sewing machine components? Technology is leading to smart components with IoT integration, enhanced durability through advanced materials, and automated features for improved performance and maintenance.

Which regions are significant in the sewing machine components market? Asia Pacific is a major region due to manufacturing hubs, while North America and Europe focus on high-precision components for advanced applications.

Citius Research has developed a research report titled “Sewing machine components Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Sewing machine components Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Sewing machine components Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Sewing machine components Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Sewing machine components Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Sewing machine components Market
• Research Methodology
• Executive Summary
• Market Dynamics of Sewing machine components Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Sewing machine components Market
• Cost and Gross Margin Analysis of Sewing machine components Market
• Sewing machine components Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Sewing machine components Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Sewing machine components Market Key Stakeholders

Below are the key stakeholders for the Sewing machine components Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Sewing machine components Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Sewing machine components Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Sewing machine components Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Sewing machine components Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Sewing machine components Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Sewing machine components Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Sewing machine components Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Sewing machine components Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Sewing machine components Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Sewing machine components Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Sewing machine components Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Sewing machine components Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Sewing machine components Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Sewing machine components Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Sewing machine components Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Sewing machine components Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Sewing machine components Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports