Overhead Traveling Cleaner Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Overhead traveling cleaner is a device used to clean the machine parts of the yarn producing machine. It blows up the filtered atmospheric air sucked through a narrow nozzle and removes the dust particle from the complicated parts, thus increasing the productivity. It is used in the textile industry. It is equipped with an energy-efficient motor, which consumes less power; automatic waste collector; and push buttons for start & stop as well as exhibits weaving features, including double side discharge, which helps in effective cleaning of the yarn producing machine. Overhead traveling cleaner is better than other cleaners used in the textile industries, as it is more energy-efficient, durable, and its high suction pipe enhances the accuracy in removal of dust.

COVID-19 Scenario Analysis

• The demand for the overhead travelling cleaners is expected to decrease in the year 2020 due to lockdown imposed by the government and low demand from textile industries.
• COVID-19 pandemic has shut down the production of various products in the overhead travelling cleaners, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of overhead travelling cleaners significantly from last few months, as is likely to continue during 2020.
• COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020, and is likely to cause a negative impact on the market growth throughout the year. 
• The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
• Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
• Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top Impacting Factors: Market Scenario Analysis, Trends , Drivers, and Impact Analysis

The demand for overhead traveling cleaners is increasing in the textile industry for the removal of fluffs or dirt from machine parts. The growth of textile industry and cleaning in the textile mills pushed the overhead traveling cleaners market. Further, Europe is the largest market, while North America garners the second position. Asia-Pacific is the emerging region in the production of overhead traveling cleaners market as more number of textile mills are getting established in this region. However, the high initial investment and the fluctuations in the price of raw materials hinder the market growth. Contrarily, requirement for overhead traveling cleaners in textile industries for cleaning the dirt, launches of new and advanced products, and other technological advancements present new opportunities in the industry.

New product launches to flourish the market

The launch of new products to the market can boost the growth of the market. For example, LPT GLI CLEAN has recently launched advanced technology overhead traveling cleaner with an objective of using it in the spinning and weaving frames. GLI clean offers various features in cleaning of intricate areas in various machines like ring frame, speed frame , automatic winders, and others. This machine uses drafting system for cleaning of dirt and uses doffing system as an indicator. Moreover, these system offer cost and energy saving benefits.

High demand from industrial applications 

Technological advancements are encouraging manufacturers to produce innovative products. For example, SIMTA, one of the leading players in textile industry, as collaborated with global leader of overhead traveling cleaners, M/S. C-PORT JACOBI, Gmbh, Germany to improve the quality and durability of the overhead traveling cleaners. SIMTA has now recreated its new image in terms of quality and technologically advanced leading company in this industry. The overhead traveling cleaners market can be divided into spinning, weaving, winding, and warping. In addition, spinning and weaving applications in the textile mills use overhead Traveling cleaners for removing any kind of fluffs or dirt in the critical areas of ring frame and speed frame. An increase in population and their dependency on textile products are encouraging the growth for this market. Setting up this devices in this respective industries would definitely help in the maintaining the cleanliness in the industries and the usage of energy efficiently.

Key Benefits of the Report

• This study presents the analytical depiction of the overhead traveling cleaners market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the overhead traveling cleaners market share.
• The current market is quantitatively analyzed to highlight the overhead traveling cleaners market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed overhead traveling cleaners market analysis depending on competitive intensity and how the competition will take shape in coming years.

 Overhead Traveling Cleaner Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights