Astute Analytica’s latest report on the global 3D sewing robot market includes all factors that will influence the market in the coming years. The report covers a variety of topics including the impact of COVID-19, equity segments, latest trends, future prospects, innovations, strategies, etc.

The global 3D sewing robot market is expected to witness an increase in revenue from USD 17.21 million in 2021 to USD 40.36 million in 2028. The market registers a CAGR of 12.9% during the forecast period 2022-2028. The 3D sewing robot market is a roughly human-sized robotic arm that can quickly scan pieces of fabric with a laser scanner, sew them together according to programmed patterns, and cut threads.

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Factors affecting the market

Favorable regulatory standards for tax breaks for infrastructure projects are primarily driving the growth of the global 3D sewing robot market. Additionally, other factors such as rapidly growing urban population, technological advancements, and growing R&D activities provide lucrative growth opportunities for the market growth.

However, risks related to equipment handling and high machine costs are expected to slow down the growth of the 3D sewing robot market. This report on the global industrial and heavy machinery market describes all the issues affecting the market. The report offers both qualitative and quantitative analysis based on each segment.

COVID-19 Impact Analysis

After the coronavirus pandemic, the 3D sewing robot market saw a sharp decline in sales. The COVID-19 pandemic forced the imposition of a lockdown to reduce population contagion in all countries. In addition, manufacturing companies are heavily dependent on the supply of raw materials and components from other countries around the world, which has been halted during the pandemic. So the negative…