PUBLISHER: The Business Research Company | PRODUCT CODE: 1672425
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672425
Industrial Machinery Global Market Report 2025
Industrial machinery refers to power-driven machines or coordinated groups of machines employed in diverse industrial activities. These machines are utilized for cutting, shaping, forming, pressing, lamination, or a combination of these processes. Notably, they are not designed to be portable by hand during operation.
The primary types of industrial machinery encompass woodworking and paper machinery, other industrial machinery, printing machinery and equipment, semiconductor machinery, and food production machinery. Woodworking and paper machinery specifically pertain to equipment involved in working with wood and paper products. The operations conducted using these machines can range from autonomous and semi-autonomous to manual. Moreover, the specificity of these machines varies, including small, medium, and large-scale applications.
The industrial machinery market research report is one of a series of new reports from The Business Research Company that provides industrial machinery market statistics, including industrial machinery industry global market size, regional shares, competitors with an industrial machinery market share, detailed industrial machinery market segments, market trends and opportunities, and any further data you may need to thrive in the industrial machinery industry. This industrial machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The industrial machinery market size has grown strongly in recent years. It will grow from $576.62 billion in 2024 to $621.23 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growth in manufacturing industry and economic growth.
The industrial machinery market size is expected to see strong growth in the next few years. It will grow to $811.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to technological advances and an increase in consumption of processed food. Major trends in the forecast period include investing in 3d log scanning for high grade lumber, investing in robotics and automation to increase manufacturing efficiency, investing in radiant energy vacuum technology and in continuous baking ovens to improve production efficiency.
The anticipated growth of the industrial machinery market is driven by the increasing manufacturing output observed across various industries. Manufacturing output signifies the quantity of goods produced through manufacturing processes, and industrial machinery plays a crucial role in automating and optimizing diverse manufacturing processes such as cutting, forming, assembling, and packaging. Eurostat, a UK-based government statistical agency, reported a 0.2% increase in industrial output in the euro area and a 0.1% increase in the European Union between May and April 2023. This upward trend in manufacturing output is expected to propel the industrial machinery market in the future.
The industrial machinery market is poised for growth due to rapid technological advancements, fostering innovation in manufacturing processes. Technologies such as 3D printing, artificial intelligence, and big data analytics are being integrated into manufacturing, resulting in increased productivity, reduced operating costs, and improved profit margins. A global survey by The Economist Intelligence Unit revealed that around 90% of corporate executives believe that artificial intelligence (AI) will positively impact a company's growth, with 86% expecting improved productivity. The cost savings from lower operating costs enable companies to expand their product portfolios and enter new markets. The integration of IoT applications, mobile applications, advanced sensors, and embedded software further enhances the capabilities of industrial machinery, driving market growth during the forecast period.
Major companies are concentrating on the development of modular and miniature machines to gain a competitive edge. Lam Research Corporation, a US-based semiconductor company, introduced Coronus DX in June 2023, a one-step solution designed for applying a protective film to both sides of wafer edges during advanced semiconductor manufacturing. Coronus DX supports the production of smaller, more powerful microchips and electronic components, preventing damage and residue buildup, potentially enabling the creation of new device structures.
The integration of 3D log scanning technology with sawmill manufacturing equipment is another noteworthy development in the industrial machinery sector. This technology involves using vision sensors coupled with geometric data to measure the actual shape of logs. The application of 3D log scanning enhances resolution quality, scan speeds, and laser lighting, particularly useful for measuring dark logs and optimizing lumber recovery in super mills, which are conglomerates of satellite mills. Companies such as Raptor Integration Inc., LMI Technologies, and JoeScan are notable players offering sawmill equipment with 3D log scanning technology, contributing to the advancement of the industry.
Major companies operating in the industrial machinery market include ASML Holdings, Tokyo Electron, LAM Research, Tetra Pak, Applied Materials, KLA-Tencor, Marel HF, ASM Pacific, Alfa Laval, Buhler AG, Grand Tech Group Ltd., Wuxi Meida Electro Technical Co. Ltd., Changqinglin Electronic Company Ltd., Suyuanyineng Electricity Machinery Equipment (Wuxi) Company Ltd., Globeeon Engineering, Techno Mech Industries, Krishitool, Shree Precision Engineers, Machine Sucher, Mekfy Icommerce Pvt, Ashoka Machine Tools Corporation, Aida Engineering Ltd., Asai Corporation., Amada Co. Ltd., Komatsu Industries Corporation., Sanki Seiko Co. Ltd., Japan Steel Works Ltd., John Deere., Liebherr., ZF Friedrichshafen., Bosch., Material handling worldwide: industrial trucks and lift trucks., Continental., Industrial machinery and automation in the United Kingdom, Volvo Group., Instawerk GmbH - CNC-Frasteile Online fertigen lassen, ATH manufactures, CSAT GmbH, StankoMashStroy, SIGNAL-PACK, VKP, Strommasina Corp., ArcelorMittal Dofasco., Ford Motor Company of Canada Ltd., K+S Potash Canada GP. FCA US LLC, Naval Surface Warfare Center Crane Div. John Deere Waterloo Works, General Motors Global Propulsion Systems, Rolls-Royce Corp., Lancer Corp., GE Power Electronics Inc., Honda Of America Mfg. Inc., Anna Engine Plt., Modern Saudi food factory, The Machinery Group LLC, Refuse Equipment Manufacturing Company Limited, Riyadh PlasticFfactory Company, Manama Packing Industry, Design Lab Blacksmith and Welding Works, AL Khaleej Industrial Steel Factory, AL Absar Steel Manufacturing LLC, ELB Equipment, Hitachi, Case Construction.
Asia-Pacific was the largest region in the industrial machinery market in 2024. Western Europe was the second largest region in the industrial machinery market. The regions covered in the industrial machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the industrial machinery market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The industrial machinery market consists of sales of industrial machinery such as food and beverage manufacturing machinery, semiconductor manufacturing machinery, sawmill and woodworking machinery (except handheld), machinery for making paper and paper products, printing and binding machinery and equipment, textile-making machinery, and machinery for making plastics and rubber products. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Industrial Machinery Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
Reasons to Purchase
Scope
Table of Contents
1. Executive Summary
2. Industrial Machinery Market Characteristics
3. Industrial Machinery Market Trends And Strategies
4. Industrial Machinery Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market
5. Global Industrial Machinery Growth Analysis And Strategic Analysis Framework
- 5.1. Global Industrial Machinery PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Industrial Machinery Market Growth Rate Analysis
- 5.4. Global Industrial Machinery Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Industrial Machinery Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Industrial Machinery Total Addressable Market (TAM)
6. Industrial Machinery Market Segmentation
7. Industrial Machinery Market Regional And Country Analysis
8. Asia-Pacific Industrial Machinery Market
9. China Industrial Machinery Market
10. India Industrial Machinery Market
11. Japan Industrial Machinery Market
12. Australia Industrial Machinery Market
13. Indonesia Industrial Machinery Market
14. South Korea Industrial Machinery Market
15. Bangladesh Industrial Machinery Market
16. Thailand Industrial Machinery Market
17. Vietnam Industrial Machinery Market
18. Malaysia Industrial Machinery Market
19. Singapore Industrial Machinery Market
20. Philippines Industrial Machinery Market
21. Hong Kong Industrial Machinery Market
22. New Zealand Industrial Machinery Market
23. Western Europe Industrial Machinery Market
24. UK Industrial Machinery Market
25. Germany Industrial Machinery Market
26. France Industrial Machinery Market
27. Italy Industrial Machinery Market
28. Spain Industrial Machinery Market
29. Spain Industrial Machinery Market
30. Austria Industrial Machinery Market
31. Belgium Industrial Machinery Market
32. Denmark Industrial Machinery Market
33. Finland Industrial Machinery Market
34. Ireland Industrial Machinery Market
35. Netherlands Industrial Machinery Market
36. Norway Industrial Machinery Market
37. Portugal Industrial Machinery Market
38. Sweden Industrial Machinery Market
39. Switzerland Industrial Machinery Market
40. Eastern Europe Industrial Machinery Market
41. Russia Industrial Machinery Market
42. Czech Republic Industrial Machinery Market
43. Poland Industrial Machinery Market
44. Romania Industrial Machinery Market
45. Ukraine Industrial Machinery Market
46. North America Industrial Machinery Market
47. USA Industrial Machinery Market
48. Canada Industrial Machinery Market
50. South America Industrial Machinery Market
51. Brazil Industrial Machinery Market
52. Chile Industrial Machinery Market
53. Argentina Industrial Machinery Market
54. Colombia Industrial Machinery Market
55. Peru Industrial Machinery Market
56. Middle East Industrial Machinery Market
57. Saudi Arabia Industrial Machinery Market
58. Israel Industrial Machinery Market
59. Iran Industrial Machinery Market
60. Turkey Industrial Machinery Market
61. United Arab Emirates Industrial Machinery Market
62. Africa Industrial Machinery Market
63. Egypt Industrial Machinery Market
64. Nigeria Industrial Machinery Market
65. South Africa Industrial Machinery Market
66. Industrial Machinery Market Competitive Landscape And Company Profiles
67. Industrial Machinery Market Other Major And Innovative Companies
68. Global Industrial Machinery Market Competitive Benchmarking And Dashboard
69. Key Mergers And Acquisitions In The Industrial Machinery Market
70. Recent Developments In The Industrial Machinery Market
71. Industrial Machinery Market High Potential Countries, Segments and Strategies
72. Appendix
