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Automation Market in Textile Industry to Grow by USD 775.92 Million (2024-2028) as AI Powers Market Evolution, Facility Upgrades Boost Energy Efficiency – Technavio

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NEW YORK, Nov. 20, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global automation market in textile industry size is estimated to grow by USD 775.92 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 3.75%  during the forecast period.Upgrading industrial facilities to improve energy efficiency is driving market growth, with a trend towards use of erp solutions in textile manufacturing plants. However, shortage of skilled workforce  poses a challenge.Key market players include ABB Ltd., ATE Pvt. Ltd., Baumuller Nurnberg GmbH, BrainChild Electronic Co. Ltd., CLD Automation, Cotmac Electronics Pvt. Ltd., Delta Electronics Inc., Festo SE and Co. KG, Hitachi Ltd., Honeywell International Inc., KUKA AG, Lenze SE, Niagara Automations, Parker Hannifin Corp., Rockwell Automation Inc., SAURER AG, Schneider Electric SE, SIEGER SPINTECH EQUIPMENTS Pvt. Ltd., Siemens AG, and Yaskawa Electric Corp..

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Automation Market In Textile Industry Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.75%

Market growth 2024-2028

USD 775.92 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

2.96

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 44%

Key countries

US, China, India, Pakistan, and Germany

Key companies profiled

ABB Ltd., ATE Pvt. Ltd., Baumuller Nurnberg GmbH, BrainChild Electronic Co. Ltd., CLD Automation, Cotmac Electronics Pvt. Ltd., Delta Electronics Inc., Festo SE and Co. KG, Hitachi Ltd., Honeywell International Inc., KUKA AG, Lenze SE, Niagara Automations, Parker Hannifin Corp., Rockwell Automation Inc., SAURER AG, Schneider Electric SE, SIEGER SPINTECH EQUIPMENTS Pvt. Ltd., Siemens AG, and Yaskawa Electric Corp.

Market Driver

The textile industry is experiencing significant automation trends that are revolutionizing textile processing, from raw material upgrading at the blow room line to finishing line operations. Automated systems are boosting process efficiency and effectiveness, with innovations like automatic curling, autolevellers, and automated spinning. Sizing, weaving, and dyeing processes are also being transformed with technologies like shuttleless looms, Investa air jets, and aerodynamic systems. Practical automation is key in textile manufacturing, from knitting and dyeing to garment assembly. Robotics, sensors, and artificial intelligence algorithms are driving production efficiency, product quality, and operational flexibility. Faster turnaround times, customization, and sustainability are becoming increasingly important, with technology advancements in digital printing technologies, color accuracy, design flexibility, and environmental sustainability. Textile manufacturers are investing in modern technology to optimize production, reduce energy consumption, and minimize waste. Financial planning and compatibility with existing IT infrastructure are crucial considerations. Workforce displacement, data security, and intellectual property rights are also key concerns. Overall, automation is transforming the textile industry, from traditional production methods to high-quality goods in apparel, home textiles, technical textiles, and industrial textiles. 

Enterprise Resource Planning (ERP) software is a valuable tool for textile manufacturers, streamlining business operations across finance, human resources, production, supply chain, services, and purchasing. ERP solutions enhance communication and data exchange between departments, reducing approval times and boosting departmental efficiency. By coordinating business functions, textile plants can minimize miscommunication and improve overall productivity. ERP systems are increasingly popular in the textile industry due to their ability to optimize resources and automate processes. 

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Market Challenges

The textile industry is undergoing a significant transformation with the adoption of automation in various processes. Challenges such as raw material upgrading at the blow room line and finishing at the finishing line are being addressed through process boosting and effective carding. Automatic curling, autolevellers, and spinning are being automated for improved production efficiency and product quality. Investment in automated systems for sizing, shuttleless looms, and aerodynamic systems is on the rise. Innovative automation in weaving, multiphase weaving, heat recuperation, and exhaust air purification is optimizing textile manufacturing. Dye houses are adopting practical automation for environmental safe dyeing using AI algorithms and digital printing technologies. Knitting, dyeing, and finishing operations are being streamlined with robotics, sensors, and fabric inspection for faster turnaround times and customization. Technology advancements in textile manufacturing include AI for production optimization, smart textiles, wearable technologies, and electronic components. Sustainability is a key focus with resource utilization, waste minimization, energy consumption, and environmental impact reduction. Investment cost, compatibility, integration, IT infrastructure, workforce displacement, data security, and intellectual property rights are important considerations in automating textile production facilities. Training and upskilling programs are essential for workforce adaptation to modern technology. The automation market is driving the textile industry towards higher productivity, customization, and production of high-quality goods in apparel, home textiles, technical textiles, and industrial textiles.Textile manufacturing facilities face a significant challenge in finding enough skilled workers to operate their automated systems. Reports indicate that there were over 63,000 unfilled apprenticeship or training positions in Germany alone in 2021. These facilities require a workforce capable of managing various hardware and software components. However, providing extensive training to existing staff is time-consuming and costly, potentially leading to production downtime. The scarcity of skilled labor in the textile industry necessitates a reevaluation of workforce development strategies to ensure efficient and effective operation of automated systems.

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Segment Overview 

This automation market in textile industry report extensively covers market segmentation by  

Component 1.1 Field devices1.2 Control devices1.3 CommunicationSolution 2.1 Hardware and software2.2 ServicesGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Field devices-  The textile industry’s automation market experienced significant growth in 2022, with the field devices segment leading in revenue generation. Comprising motors, drives, valves, and actuators, these devices are essential for controlling machinery functions and the dyeing process. Their extensive use results in high replacement rates, driving sales. As the textile industry continues to upgrade facilities, demand for automation solutions, particularly field devices, is expected to increase, fueling market expansion. These devices are fundamental to the industry, and their demand is projected to rise throughout the forecast period due to ongoing investments in the industrial sector.

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Research Analysis

The automation market in the textile industry is witnessing significant growth due to the increasing demand for high-quality, efficient, and sustainable textile production. Automation in textile processing includes various stages such as blow room line, finishing line, ginning, carding, drawing, and spinning. Automation in raw material upgrading through processes like autolevellers and sensors enhances resolution and reduces wastage. Robotics and automation in knitting, dyeing, and garment assembly increase factory production and improve product consistency. Process boosting technologies like automatic curling and resolution control optimize energy usage and improve product quality. Overall, automation in textile processing leads to the production of high-quality goods while reducing production costs and enhancing sustainability.

Market Research Overview

The automation market in the textile industry is experiencing significant growth due to the integration of advanced technologies such as Blow room lines, Finishing lines, and automated systems in various textile processing stages. These automated solutions are revolutionizing textile manufacturing by boosting process efficiency, effective raw material upgrading, and optimizing production. Automation is transforming textile processing through innovative technologies like automatic curling, Autolevellers, and shuttless looms. Investa air jet technology and traveling future are leading the way in heat recuperation and exhaust air purification, ensuring environmental safety. Textile finishing operations are being automated with practical solutions, including sizing, dye houses, and optimization of color accuracy and design flexibility. Digital printing technologies and AI algorithms are enhancing production efficiency, product quality, and operational flexibility. The textile industry is embracing automation for apparel, home textiles, technical textiles, and industrial textiles, resulting in faster turnaround times, customization, and resource utilization. Technology advancements, such as smart textiles and wearable technologies, are integrating electronic components and sensors for enhanced functionality. Investment in automation requires careful financial planning, compatibility with existing IT infrastructure, and consideration of workforce displacement, data security, and intellectual property rights. The future of textile manufacturing lies in modern technology, resolution, and factory production, with a focus on sustainability, waste minimization, energy consumption, and environmental impact.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentField DevicesControl DevicesCommunicationSolutionHardware And SoftwareServicesGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Achieve earns Top 3 ranking for personal loan customer satisfaction from LendingTree

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Recognition marks seventh consecutive quarter Achieve has ranked among the nation’s top lenders for customer satisfaction

SAN MATEO, Calif., Oct. 30, 2026 /PRNewswire/ — Achieve, the fintech for everyday Americans, has been named one of the Top 3 lenders in personal loan customer satisfaction by LendingTree for the third quarter of 2026. This distinction from one of the nation’s largest online personal finance marketplaces underscores Achieve’s commitment to delivering transparent, supportive, and human-centered financial services.

This marks the seventh consecutive LendingTree customer service award that Achieve has earned, following a top-three ranking in the second quarter of 2026. The quarterly ranking is published by LendingTree, based on verified customer reviews and other data evaluating lenders on transparency, ease of the application process and the quality of customer service. Achieve consistently maintains high ratings for providing consumers with a clear path toward improving their financial health.

“For someone consolidating debt, a personal loan is more than a transaction. It’s an opportunity to improve their finances and move forward with greater confidence,” said Achieve President of Lending Kyle Enright. “Our team helps members understand their options and find the solution that fits their goals by pairing competitive fixed rates with personal guidance. Earning this recognition for a seventh consecutive quarter reflects the care our teammates bring to those conversations and the trust our members place in us.”

A rate cut earlier this year lowered the best available annual percentage rate (APR) on Achieve Personal Loans to 6.25%, a reduction of 274 basis points. This initiative, supported by advanced underwriting and enhanced with FICO® Score 10 T data, maintains access to fixed-rate loans for an expanded set of consumers, with an expected improvement in credit performance. These loans are originated by a bank partner via the Achieve Personal Loans platform.

Key highlights of the Achieve Personal Loan experience:

Competitive, fixed rates: APRs now start as low as 6.25% for qualified borrowers, providing a more affordable alternative to high-interest credit card debt.Rapid funding: Qualified members can have funds sent in as little as 24 hours to address immediate financial needs.Flexible terms: Borrowers can choose repayment schedules ranging from 2, 3, 4 and 5 years to align with their specific budget and goals.Transparent pricing: All loans feature fixed monthly payments and a clear payoff date, with no hidden fees or revolving balances.

For more information and important disclosures about Achieve Personal Loans, visit achieve.com/personal-loans

Achieve has served over 2 million consumers, helping to resolve over $22 billion in debt and facilitated over $15 billion in personal loans and home equity lines of credit since 2002. This latest accolade follows a series of recent wins. Achieve was named to Az Business Magazine’s AZ Big 100 List for 2026, and honored by InHerSight with eight recognitions, including being named the No. 1 finance company for women to work.

As a trusted leader in debt consolidation, Achieve remains committed to helping everyday people move toward a better financial future. This commitment is rooted in providing a transparent experience, a personalized approach to every member’s unique situation and the predictable, fast cash flow necessary to attain long-term financial stability. By focusing on these core principles, the company continues to redefine how consumers manage debt and build lasting financial health.

About Achieve

Achieve, the fintech for everyday Americans, helps everyday people get on, and stay on, the path to a better financial future. Achieve pairs proprietary data and analytics with personalized support to offer personal loans, home equity loans, debt relief and debt consolidation, along with financial tips and education. Achieve is frequently recognized for providing top-rated customer experience and satisfaction by both consumers and leading personal finance review platforms and has 2,200 dedicated teammates across the country, with hubs in Arizona, California, Florida and Texas.

Achieve refers to the global organization and may denote one or more affiliates of Achieve Company, including Achieve.com, Equal Housing Opportunity (NMLS ID #138464); Achieve Home Loans, Equal Housing Opportunity (NMLS ID #1810501); Achieve Personal Loans (NMLS ID #227977); Freedom Debt Relief (NMLS ID # 1248929); and Freedom Financial Asset Management (CRD #170229).

Contacts

Austin Kilgore
akilgore@achieve.com
214-908-5097

Elina Tarkazikis
etarkazikis@achieve.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/achieve-earns-top-3-ranking-for-personal-loan-customer-satisfaction-from-lendingtree-302924429.html

SOURCE Achieve

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Mediaplanet Launches Men’s Mental Health Campaign in USA TODAY, Featuring Jake Shane, Howie Mandel, Kevin Love, Dr. Mark Hyman and Yung Pueblo

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NEW YORK, Oct. 30, 2026 /PRNewswire/ — Mediaplanet today announces the launch of its Men’s Mental Health campaign, publishing within USA TODAY and through the Future of Personal Health digital content hub. The national campaign brings together leading healthcare experts, mental health advocates, organizations, athletes and public figures to encourage more open conversations around men’s mental health and provide accessible, actionable resources for building healthier lives. Featuring Netflix podcaster and internet sensation Jake Shane as the publication’s cover story, the campaign also includes editorial from global influence Howie Mandel, All-Star athlete Kevin Love, Dr. Mark Hyman and author Yung Pueblo, offering personal experiences and expert perspectives on mental health, emotional well-being, resilience and personal growth.

Through personal stories, expert insights and practical resources, the campaign directly challenges the expectation that men should navigate mental health struggles alone while encouraging a more open and supportive approach to overall well-being. “I wish people would take care of their mental health the way we take care of our dental health,” said Howie Mandel. His perspective reflects the campaign’s broader mission to normalize mental health care as an essential part of everyday health and encourage men to prioritize their well-being before they reach a point of crisis.

The campaign was made possible through the participation and support of Vibrant Emotional Health, Financial Therapy Association, NOCD, Spear Center, NeuroStar Advanced Therapy, American Association of Kidney Patients, Crisis Text Line, YMCA, One Mind at Work, The Hidden Opponent, Kevin Love Fund, American College of Sports Medicine, Whitman-Walker, American Foundation for Suicide Prevention, American Psychiatric Association, Dr. Mark Hyman, Yung Pueblo, Kevin Love, Howie Mandel and Jake Shane.

Media Contact: Joelle Hernandez, joelle.hernandez@mediaplanet.com 

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SOURCE Mediaplanet

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Wonderloom Media’s Dr. Insanity Launches Patreon With Exclusive Content for Superfans Amid Rising Demand for Premium True Crime

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Wonderloom Media’s true crime channel, with more than 6 million YouTube subscribers, gives its most dedicated fans a deeper way to experience its documentary-style storytelling

LOS ANGELES, Oct. 30, 2026 /PRNewswire/ — Wonderloom Media, the creator economy studio formed by Content Partners and media entrepreneur Ed Simpson, today announced the launch of a Patreon membership for Dr. Insanity, one of YouTube’s largest true crime channels, expanding the depth of content available to the channel’s biggest fans.

The Dr. Insanity Patreon offers members extended cuts of episodes, exclusive content and a community space, giving superfans more of the stories they follow on YouTube. The membership launches October 31 alongside a weeklong feature on a Times Square billboard, running through November 5.

Dr. Insanity now has more than 6.1 million YouTube subscribers and over 3 billion total views, and has continued to grow since Wonderloom acquired the channel in June 2026. The Patreon launch is part of Wonderloom’s push to expand Dr. Insanity’s content and bring it to fans wherever they watch, including its distribution on Tubi.

True crime superfans can become members of the Dr. Insanity Patreon at www.patreon.com/c/DrInsanity

About Wonderloom Media
Wonderloom Media is a creator-first media platform that acquires, operates and scales YouTube-native content businesses. Formed by Content Partners and media entrepreneur Ed Simpson, Wonderloom brings institutional operating experience, expanded distribution and 360° monetization to digital-native properties with loyal audiences and long-term growth potential. Its portfolio includes Dr. Insanity, one of YouTube’s largest true crime channels, with more than 6.1 million subscribers and over 3 billion views.

About Dr. Insanity
Dr. Insanity is one of YouTube’s largest true crime channels, known for documentary-style storytelling and a loyal, highly engaged audience. The channel has more than 6.1 million subscribers and over 3 billion views. https://www.youtube.com/@DrInsanityCrime 

Media Contact:
Michal Mitchell
Wonderloom@relativity.ventures

View original content:https://www.prnewswire.com/news-releases/wonderloom-medias-dr-insanity-launches-patreon-with-exclusive-content-for-superfans-amid-rising-demand-for-premium-true-crime-302922403.html

SOURCE Wonderloom Media

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