Global Industrial Machinery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Industrial Machinery market size was valued at USD 668700 million in 2023 and is forecast to a readjusted size of USD 847630 million by 2030 with a CAGR of 3.4% during review period.
The Industrial Machinery industry consists of companies engaged in the manufacturing of basic power and hand tools, hardware, small-scale machinery and other industrial components. The industry includes power saws, polishing and metal-working machines, drills, nuts, bolts, screws, springs, valves, pneumatic hoses and other basic industrial equipment. The industry excludes cables, batteries, motors and small-electrical equipment, classified in Electrical Components & Equipment; heavy generators, conveyors and other large-electrical equipment, classified in Heavy Electrical Equipment; and permanently installed machinery, classified in Engineering & Construction.
First of all, rapid industrialization drives the Industrial Machinery market size. Government support is another factor to boost the market. The increase in people living standard increased spending on nutrition and vitamins. Therefore, customers may pay more attention to health and diet, which means that food processing technology can be important. In order to improve productivity and efficiency, human labor has been replaced by machinery. industrial robotics are becoming more and more indispensable. Second, the industrial machinery market in Asia-Pacific is estimated to grow over the following year. The growing demand for industrial machinery from countries such as China, India, South Korea and Japan is anticipated to drive overall market demand over the forecast period. China's government is focusing on urbanization and the recent policies stress on rapid industrialization. India is expected to observe rapid industrialization on account of favorable government regulations and policies. North America was the largest region in the industrial machinery manufacturing market.
The Global Info Research report includes an overview of the development of the Industrial Machinery industry chain, the market status of Printing (Agriculture & Food Machinery, Construction Machinery & Related Equipment), Food (Agriculture & Food Machinery, Construction Machinery & Related Equipment), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial Machinery.
Regionally, the report analyzes the Industrial Machinery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Industrial Machinery market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Industrial Machinery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Industrial Machinery industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Agriculture & Food Machinery, Construction Machinery & Related Equipment).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Industrial Machinery market.
Regional Analysis: The report involves examining the Industrial Machinery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Industrial Machinery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Industrial Machinery:
Company Analysis: Report covers individual Industrial Machinery manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Industrial Machinery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Printing, Food).
Technology Analysis: Report covers specific technologies relevant to Industrial Machinery. It assesses the current state, advancements, and potential future developments in Industrial Machinery areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Industrial Machinery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Industrial Machinery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Agriculture & Food Machinery
Construction Machinery & Related Equipment
Power & Energy Equipment
Aerospace
Material Handling Machinery
Personal Protective Equipment
Metalworking Machinery
General Purpose Industrial Machinery
Automotive
Mining and Industrial Process Machinery
Market segment by Application
Printing
Food
Textile
Construction
Pharmaceuticals
Chemical
Automotive
Agricultural
Power Generation
Major players covered
AO Smith Corp
Lincoln Electric Holdings
Manitowoc Company
Illinois Tool Works
Terex Corp
Astec Industries
Toyota
Samsung Electronics
AGCO Corporation
Alamo Group
Ford
Hewlett-Packard
Hitachi
IBM
Lindsay Corporation
Siemens
General Electric
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Machinery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Machinery, with price, sales, revenue and global market share of Industrial Machinery from 2019 to 2024.
Chapter 3, the Industrial Machinery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Machinery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Industrial Machinery market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Machinery.
Chapter 14 and 15, to describe Industrial Machinery sales channel, distributors, customers, research findings and conclusion.