Industrial Machinery Market Size Growth - By Operation (Automated Machinery, Semi-Automated Machinery, Manual Machinery, Robotic Machinery), By Application (Agriculture, Construction, Packaging, Food processing, Mining), By Distribution Channel and By Region: Statistics Reports, Supply & Demand Analysis, Global Opportunity 2024-2030

Report ID: GIH 1032  |  Aug 2024  |  Format:

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Global Market Synopsis, Forecast, Trend, and Growth Up To 2030

Industrial Machinery Market size was valued at US$ 694.1 Bn in 2023, registering a CAGR of 7.9% during the forecast period (2024-2030), and the market is projected to be worth US$ 1.4 Trn by 2030.

The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.

Industrial Machinery Market Scope:

  • A basic overview of the competitive landscape
  • A detailed breakdown of the regional market
  • A brief overview of market segmentation
Report CoverageDetails
Base Year2023
Base Year ValueUS$ 694.1 Bn
Forecast ValueUS$ 1.4 Trn
CAGRCAGR of 7.9%
Forecast Period2024-2030
Historical Data2019-2022
Largest MarketNorth America
Fastest Growing MarketEurope

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Key Players: 

  • AGCO Corporation
  • ALFA LAVAL
  • ASML
  • Atlas Copco AB
  • Brandt Industries Ltd.
  • Caterpillar Inc.
  • CNH Industrial N
  • Deere & Company
  • ESCO Corp.
  • Gerdau S.A.
  • GEA Group
  • Hitachi Construction Machinery Co., Ltd.
  • Honeywell International Inc.
  • Illinois Tool Works Inc.
  • Ingersoll Rand
  • Komatsu Ltd.
  • Mitsubishi Electric Corporation
  • Sandvik AB
  • ShawCor Ltd.
  • Terex Corporation
  • Volvo Construction Equipment

Scope of the Report:

The Industrial Machinery market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.

Important Features of the Report:

  • Detailed analysis of the Industrial Machinery market
  • Fluctuating market dynamics
  • Historical, current, and projected market size
  • Recent industry trends
  • Competitive landscape
  • Strategies of key players
  • Potential growth segments/regions
  • A neutral perspective on market performance 

 Our Sample Report Includes:

  • Introduction, overview, and in-depth industry analysis updated for 2030.
  • A research report spanning over 150+ pages, including updated research.
  • Updated regional analysis for 2024 with the graphical representation of size, share, and trends.
  • An updated list of tables and figures.
  • Top market players with their business strategy, sales volume, and revenue analysis.

Reasons for buying this report:

  • Make informed decisions with analytical data
  • Understand key product segments
  • Identify market dynamics like drivers, restraints, trends, and opportunities
  • Analyze regional markets and stakeholder profiles
Global Industry Hub

Market Segmentation -

Market, by Operation

  • Automated Machinery
  • Semi-Automated Machinery
  • Manual Machinery
  • Robotic Machinery

Market, by Application

  • Agriculture
  • Construction
  • Packaging
  • Food processing
  • Mining
  • Semiconductor manufacturing
  • Others

Market, by Distribution channel

  • Direct sales
  • Indirect sales

Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.

Recent Market Updates:

  • In April 2023, Bosch BASF Smart Farming and AGCO Corporation together announced that they will integrate and commercialize Smart Spraying technology on Fendt Rogator sprayers, and jointly develop additional, new features.
     
  • In November 2022, Ingersoll Rand launched a new 135MAX heavy-duty air hammer. It is an ergonomic tool designed for tasks in the auto shop. The hammer's feather-touch trigger, which offers technicians the accuracy required for precise pin driving and sheering, allows effective control. The feather-touch trigger is used in tasks that require light handling as well as powerful & effective performance in demanding applications.

Regional Analysis for Industrial Machinery Market:

  • North America(the United States, Canada, and Mexico)
  • Europe(Germany, France, UK, Russia, and Italy)
  • Asia-Pacific(China, Japan, Korea, India, and Southeast Asia)
  • South America(Brazil, Argentina, Colombia, etc.)
  • The Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) 

The Research Provides Answers to the Following Key Questions:

  1. What is the expected growth rate of the Industrial Machinery market from 2024 to 2030?
  2. What are the major driving forces shaping the industry?
  3. Who are the major vendors dominating the market, and what are their winning strategies?
  4. What trends can business owners expect in the coming years?
  5. What threats and challenges might hinder industry progress?
  6. What opportunities can business owners capitalize on from 2024 to 2030?
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Report Insights
  • Base Year: 2023
  • Companies covered: 45
  • Countries covered: 36
  • Tables & Figures: 260
  • Pages: 150

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Global Industry Hub
Industrial Machinery Market Share & Forecast, 2024 - 2030

 31 Aug 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable