Connect with us

Technology

Automation In Textile Industry Market , 46% of Growth to Originate from APAC, Technavio

Published

on

NEW YORK, Jan. 7, 2025 /PRNewswire/ — The global automation in textile industry market size is estimated to grow by USD 664 million from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of over 3.2% during the forecast period.

For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report

Report Attribute

Details

Base Year

2024

Forecast period

2025-2029

Historic Data for

2019 – 2023

Segments Covered

Component (Field devices, Control devices, and Communication), Solution (Hardware and software and Services), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Key Companies Covered

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

Regions Covered

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

Region Outlook

North AmericaEuropeAsiaRest of World

1. APAC – APAC is estimated to contribute 46%. To the growth of the global market. The Automation In Textile Industry Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. 

The textile industry in APAC is the largest revenue generator and is projected to experience significant growth in the automation solutions market during the forecast period. This growth is primarily driven by the high demand from countries like China, India, and Bangladesh. While labor costs in these regions remain relatively low, stable cotton prices enable textile manufacturers to effectively plan production and manage operational costs. India, in particular, has a production cost of under 10 cents per pound of yarn, making it an attractive destination for automation investments. Consequently, the market for automation solutions in textile manufacturing is poised for substantial expansion in APAC.

For more insights on APAC’s significant contribution along with the market share of rest of the regions and countries – Download a FREE Sample

Segmentation Overview

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 Fastest growing segment:

The textile industry’s automation market is driven by the high demand for field devices, which are essential components for controlling the functions of hardware components such as motors, drives, valves, and actuators. In 2024, the field devices segment generated the highest revenue and is projected to continue leading throughout the forecast period. Motors and drives control machinery speed and movements, while valves and actuators manage the dyeing process’s water flow. Due to their frequent usage, these components have high replacement rates, leading to increased sales. The textile industry’s ongoing upgrades to implement automation solutions will further boost demand for field devices, fueling market growth.

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

Research Analysis

The textile industry is embracing automation to enhance productivity, reduce costs, and improve sustainability. AI integration is a key driver, enabling predictive maintenance and real-time data analysis. Smart factory automation is transforming textile production with connected manufacturing, industrial cybersecurity, and flexible systems. Sustainable automation is gaining traction, with energy-efficient solutions and closed-loop production systems. The future of automation lies in human-robot collaboration, IoT integration, and customized solutions. Software providers offer ROI analysis, while automation consulting services guide textile companies through the transition. Industrial robotics solutions, cloud-based platforms, and industrial automation training are essential components. Trends include asset availability, remote monitoring, process optimization, production efficiency, and predictive analytics. Plant control and industrial data analysis are crucial for effective automation, with predictive maintenance and real-time performance monitoring. Industrial automation software and consulting services ensure seamless integration and efficient operations.

Market Overview

The textile industry is embracing automation technologies to enhance sustainable practices and meet evolving industry needs. Automation solutions, including robotics and IoT-based control systems, are revolutionizing manufacturing processes in this sector. Real-time monitoring and precision are key benefits, enabling improved efficiency, productivity, and consistency. Automation portfolios are essential for operational efficiency, with cost optimization and feasibility being crucial factors in implementation. Emerging technologies like artificial intelligence, virtual reality, and Industry 4.0 are transforming automation portfolios, offering transparency, predictable maintenance, and risk reduction. Skilled workers remain essential for managing complex automation systems, with tax breaks and funding programs available to support their development. Automation technologies are essential for the automotive and consumer goods sectors, optimizing production output, reducing labor costs, and ensuring accuracy in manufacturing processes. Industrial automation equipment, including conveyors and industrial robots, are vital for automating production tasks and improving safety. SCADA systems and asset productivity are crucial for managing control systems and ensuring dependable performance. IIoT solutions offer improvements in decision-making, system architectures, edge computing, and AR technologies, all contributing to a smarter, more efficient, and more responsive textile industry.

Start exploring market insights by Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor 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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/automation-in-textile-industry-market–46-of-growth-to-originate-from-apac-technavio-302342857.html

SOURCE Technavio

Continue Reading

Technology

LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

Published

on

By

Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leap-group-relaunches-humanview-a-growth-intelligence-system-built-to-explain-why-customers-behave-the-way-they-do-302918557.html

SOURCE LEAP Group

Continue Reading

Technology

STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

Published

on

By

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

Continue Reading

Technology

Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

Published

on

By

TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

Continue Reading

Trending