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Product development in the textile machinery industry

Author: De Meyer, Arnoud INSEAD Area: Technology and Operations Management Series: Working Paper ; 91/61/TM Publisher: Fontainebleau : INSEAD, 1991.Language: EnglishDescription: 17 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: The textile machinery industry is highly concentrated. In particular, the design and production of textile looms is carried out by a limited number of companies. The textile loom has undergone a series of dramatic technological improvements and the last 30 years have seen the development and introduction of projectile machines, rapier machines, airjet and waterjet looms. From a purely mechanical construction the textile loom has become a relatively sophisticated, numerically-controlled machine which uses aerodynamics, materials science and electronic controls. The customers for these machines are extremely competitive. Each of the textile loom producers has to provide a relatively complete range of machines to compete for orders. The market is global with the major textile loom producers confronting each other for almost every big order. Very few of them have a truly captive market and as a consequence their machines are constantly compared by sophisticated buyers with clear performance specifications
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The textile machinery industry is highly concentrated. In particular, the design and production of textile looms is carried out by a limited number of companies. The textile loom has undergone a series of dramatic technological improvements and the last 30 years have seen the development and introduction of projectile machines, rapier machines, airjet and waterjet looms. From a purely mechanical construction the textile loom has become a relatively sophisticated, numerically-controlled machine which uses aerodynamics, materials science and electronic controls. The customers for these machines are extremely competitive. Each of the textile loom producers has to provide a relatively complete range of machines to compete for orders. The market is global with the major textile loom producers confronting each other for almost every big order. Very few of them have a truly captive market and as a consequence their machines are constantly compared by sophisticated buyers with clear performance specifications

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