Industrial Machinery Market Size & Industry Growth by 2027

Industrial Machinery Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Machinery Type (Packaging Machinery, Food Processing Equipment, Plastics Processing Machinery, Metal Forming Machine Tools, and Woodworking Machinery)

  • Report Code : TIPRE00010679
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 201
Buy Now

The industrial machinery market size is projected to reach US$ 263,251.2 million by 2027 from US$ 184,337.8 million in 2019; it is expected to witness healthy market growth of 5.38% CAGR during 2020–2027.

Industrial machinery is a significant business globally, producing anything from tools and heavy equipment for the food & beverages industries to machines needed for energy production and distribution infrastructure expansion. The success of many industries can be said to be dependent on the ongoing manufacturing of industrial machines. Manufacture speed, quality, and quantity have all improved as a result of technological advancements in industrial machinery manufacturing, boosting productivity and profitability. Hence, the increasing dependency on machinery is one of the primary factors for the industrial machinery market growth.

Several favorable legislative norms for tax benefits in infrastructure initiatives are expected to boost building activity in developing countries, such as Japan, India, China, and South Korea. The expansion of the global industrial machinery market size has been propelled in recent years by a blended alternative approach, which includes the use of CNC machines to achieve the utmost precision in making superior quality wood items. Cut-to-size, precision saws, and panel saw series for hardwood materials are available from companies such as Gongyou Group Co., Ltd. and IMA Schelling Group GmbH. Furthermore, the makers stress innovation due to specific needs of timber items among public and private end users. Biesse Group, for example, began automating 5-axis heads, a woodworking machine in its production line, in 2019 to cut travel time and improve machine precision on assembly lines. Furthermore, industrial machinery market growth is aided by increased consumer disposable income in Brazil, Mexico, India, and China.

Furthermore, strict government rules governing a variety of elements such as safety, silent operation, and exhaust gas emission limits play an important part in the introduction of improved and refined machinery. The entire quantity of aperture diameter as well as hydraulic fluid have been optimized thanks to sophisticated structural designs. In addition, when compared to standard products, it contributes to the reduction of vehicle vibration.

The COVID-19 pandemic has profoundly influenced the industrial machinery market in every way. According to the Wood Component Manufacturers Association (WCMA), the pandemic's effects would be long-term, and manufacturers should look at new product options. Supply chain disruptions, border closures, and heightened border controls, a fall in domestic and international demand, and store closures are among the most commonly cited issues. For instance, the North American woodworking industry, which includes both manufacturers and retail services, is facing significant challenges, with roughly 3% of manufacturers anticipating a permanent business shutdown. Furthermore, Acimall, the Italian Woodworking Technology Association, said that in the first quarter of 2020 machinery orders decreased by double digits in every new and existing foreign market.

Industrial Machinery Market Share: by Region

Industrial Machinery Market Share: by Region
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Asia Pacific is the biggest producer of machinery worldwide, with China and India providing lower-tech equipment for the global market; South Korea and Japan are among the key players in higher-end special-purpose machinery. The Asia Pacific countries are witnessing a rise in the population and urbanization, which offers ample opportunities for key players in the industrial machinery market. APAC is the world's largest continent and is known for its technological innovations. Rapid technological advances and policy support, as well as economic digitization and the middle-income class community's growing disposable income, are among the factors that help the economy transition from growth to the developed phase.

Industrial Machinery Market Segments

The industrial machinery market is bifurcated into machinery type and geography. Based on machinery type, the industrial machinery market is segmented into packaging machinery, food processing equipment, plastics processing machinery, metal forming machine tools, and woodworking machinery. Geographically, the industrial machinery market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Some of the key players operating in the industrial machinery market are AB Electrolux; Alfa Laval; AMADA CO., LTD.; GEA Group; Haitian International; Mitsubishi Heavy Industries, LTD; Schuler Group; Sumitomo Heavy Industries, Ltd.; Syntegon Technology GmbH (Bosch Packaging Technology); and The Adelphi Group of Companies.

Machinery Type-Based Industrial Machinery Market Insights

Industrial machinery market is a progressively competitive market; it relates to a broad range of fields, which extend into many areas that support construction to electric power and several other industries. It supports the industries that play a crucial role and are core competencies that symbolize strength in manufacturing. Various technology-based companies in several regions are developing advanced technologies to integrate with industrial machinery to automate the whole manufacturing process. Advanced technology innovation, severe global competition, and demanding customization need industrial machinery manufacturers to innovate and enhance products continuously. Thus, manufacturers are adopting advanced and next-generation design techniques to enhance machine performance, reliability, and ownership cost.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Industrial Machinery Market: Strategic Insights

industrial-machinery-market
Market Size Value inUS$ 184,337.8 million in 2019
Market Size Value byUS$ 263,251.2 million by 2027
Growth rateCAGR of 5.38% from 2020 to 2027
Forecast Period2020-2027
Base Year2020
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst
– Industrial Machinery Market

The players operating in the industrial machinery market are mainly focused on the development of advanced and efficient products. Industrial machinery market companies are implementing various strategies to match the technological advancements in the industrial machinery market.

  • In 2020, Bosch Packaging Technology became Syntegon Technology GmbH Syntegon Technology, and now it is among the top players in the processing and packaging industry. The former Bosch division presented itself as an independent enterprise in Germany. Syntegon is highly focused on intelligent and sustainable technologies for the pharmaceutical and food industries. 
  • In 2020, Sumitomo Heavy Industries, Ltd got approval for the manufacturing of an accelerator-based BNCT system, a medical device, and a dose calculation program in Japan. This program includes a dose distribution calculation of BNCT to aid in treatment planning. BNCT uses high current 30MeV proton AVF-cyclotron.    
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Machinery Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Austria, Belgium, China, France, Germany, Italy, Netherlands, Poland, Turkey, United States

Frequently Asked Questions


Which region led the Industrial machinery market in 2019?

The Asia Pacific contributed most of the global revenue in 2019, mainly because of the significant size of China's industrial machinery market. The major regional trends are burgeoning foreign investment for local manufacturing facilities accompanied by fused improvisation in food processing & consumer durables sectors. Increasing the adoption of various earthmoving machinery, such as loaders and excavators, is fueling the APAC construction equipment market in traditional building applications due to advantages over manual labor. These machines provide several advantages, such as improving quality, increasing project efficiency, and saving on costs. By using modern machinery, end-users are experiencing an increase in profitability as they deliver high productivity over labor, thereby increasing demand in the market for construction equipment in the Asia Pacific. Also, these machineries are implemented by building sites with several high-risk operations to reduce the time required in conventional operations and strengthen the safety parameters. Contractors using the machinery have better records of safety & accident tracking, which improve profitability as the companies eliminate compensation for labor accidents, further attributing to an increase in the size of the industry. The Asia Pacific is the world's biggest consumer and machinery producer. Chinese slowing economic growth, weak commodity prices, and a fall in oil- and gas-related investment negatively affected the performance of the industry over 2016-2017.

Which factor is driving the Industrial machinery market?

Digitization has resulted in increased efficiency of existing machines coupled with increased safety, and are expected to increase demand for industrial machinery. Moreover, increasing urban population and growing demand for better infrastructure have led to the growth of the construction industry, which is expected to drive the growth of the industrial machinery markets. Due to reliable offerings and high quality, manufacturers from the North American and European regions have dominated the global industrial machinery market in recent years. The emergence of new market players from the Asia Pacific region (particularly China) was a new challenge for established leaders, though. Asia Pacific machinery manufacturers offer price-competitive copies with comparable quality and reliability.

Which Type led the Industrial machinery market?

Food processing equipment refers to the systems, components, and processing machines, which are used to handle, prepare, cook, store, and package food products. It facilitates commercial production and packaging of various kinds of food such as baked items, meat, poultry, seafood, dairy, and beverages. The food processing equipment is propelled by the growth in demand for processed food owing to consumer preference for hygienic, nutritious, and safe food products. The introduction of advanced technological developments and growth in demand from emerging economies provides opportunities for food processing equipment manufacturers. Further, changing lifestyles, the availability of raw materials required to provide a more comprehensive selection of food products at fewer costs and innovation in technology are some of the significant factors driving the demand for food processing equipment globally. The growing population in APAC countries and changes in preference of food among consumers lead to the growing demand for food products. Such a changing trend leads to investment in food processing equipment.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Industrial Machinery Market Landscape

4.1 Market Overview

4.2 PEST analysis

4.2.1 North America PEST Analysis

4.2.2 Europe PEST Analysis

4.2.3 Asia Pacific PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Industrial Machinery Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Digitization is Driving Demand for Industrial Machinery

5.1.2 Increasing Investment in the Construction Industry

5.2 Market Restraints

5.2.1 Restructuring a Slow Design Process to Reduce Delays and Increase Profits

5.2.2 Price sensitivity market and limited penetration among SMEs

5.3 Market Opportunities

5.3.1 Growing Manufacturing Sector

5.4 Future Trends

5.4.1 Machine Learning, AI, and 5G Will Continue to Revolutionize the Market

5.5 Impact Analysis of Drivers and Restraints

6. Industrial Machinery Market – Global Market Analysis

6.1 Global Industrial Machinery Market Overview

6.2 Industrial Machinery Market – Revenue, and Forecast to 2027 (US$ Million)

6.3 Market Positioning – Global Market Players Ranking

7. Industrial Machinery Market Analysis – By Machinery Type

7.1 Overview

7.2 Industrial Machinery Market Breakdown, by Machinery Type, 2019 & 2027

7.2.1 Packaging Machinery

7.2.2 Overview

7.2.3 Packaging Machinery Market Revenue and Forecast to 2027 (US$ Million)

7.2.4 Filling Machines

7.2.4.1 Overview

7.2.4.2 Filling Machines Market Revenue and Forecast to 2027 (US$ Million)

7.2.5 Palletizing Machines

7.2.5.1 Overview

7.2.5.2 Palletizing Machines Market Revenue and Forecast to 2027 (US$ Million)

7.2.6 Labelling Machines

7.2.6.1 Overview

7.2.6.2 Labeling Machines Market Revenue and Forecast to 2027 (US$ Million)

7.2.7 Wrapping Machines

7.2.7.1 Overview

7.2.7.2 Wrapping Machines Market Revenue and Forecast to 2027 (US$ Million)

7.2.8 Others

7.2.8.1 Overview

7.2.8.2 Others Market Revenue and Forecast to 2027 (US$ Million)

7.3 Food Processing Equipment

7.3.1 Overview

7.3.2 Food Processing Equipment Market Revenue and Forecast to 2027 (US$ Million)

7.3.3 Slicers and Dicers

7.3.3.1 Overview

7.3.3.2 Slicers and Dicers Market Revenue and Forecast to 2027 (US$ Million)

7.3.4 Extruding Equipment

7.3.4.1 Overview

7.3.4.2 Extruding Equipment Market Revenue and Forecast to 2027 (US$ Million)

7.3.5 Depositors and Mixers

7.3.5.1 Overview

7.3.5.2 Depositors and Mixers Market Revenue and Forecast to 2027 (US$ Million)

7.3.6 Storage and Refrigeration Equipment

7.3.6.1 Overview

7.3.6.2 Storage and Refrigeration Equipment Market Revenue and Forecast to 2027 (US$ Million)

7.3.7 Others

7.3.7.1 Overview

7.3.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)

7.4 Plastics Processing Machinery

7.4.1 Overview

7.4.2 Plastics Processing Machinery Market Revenue and Forecast to 2027 (US$ Million)

7.4.3 Injection Molding Machine

7.4.3.1 Overview

7.4.3.2 Injection Molding Machine Market Revenue and Forecast to 2027 (US$ Million)

7.4.4 Blow Molding Machine

7.4.4.1 Overview

7.4.4.2 Blow Market Revenue and Forecast to 2027 (US$ Million)

7.4.5 Extrusion Molding Machine

7.4.5.1 Overview

7.4.5.2 Extrusion Molding Machine Market Revenue and Forecast to 2027 (US$ Million)

7.4.6 Others

7.4.6.1 Overview

7.4.6.2 Others Market Revenue and Forecast to 2027 (US$ Million)

7.5 Metal Forming Machine Tool

7.5.1 Overview

7.5.2 Metal Forming Machine Tool Market Revenue and Forecast to 2027 (US$ Million)

7.5.3 Pressure Machine

7.5.3.1 Overview

7.5.3.2 Pressure Machine Market Revenue and Forecast to 2027 (US$ Million)

7.5.4 Bending Machine

7.5.4.1 Overview

7.5.4.2 Bending Machine Market Revenue and Forecast to 2027 (US$ Million)

7.5.5 Casting Machine Punching Machine

7.5.5.1 Overview

7.5.5.2 Casting Machine Punching Machine Market Revenue and Forecast to 2027 (US$ Million)

7.5.6 Others

7.5.6.1 Overview

7.5.6.2 Others Market Revenue and Forecast to 2027 (US$ Million)

7.6 Woodworking Machinery

7.6.1 Overview

7.6.2 Woodworking Machinery Market Revenue and Forecast to 2027 (US$ Million)

7.6.3 Lathes Machine

7.6.3.1 Overview

7.6.3.2 Lathes Machine Market Revenue and Forecast to 2027 (US$ Million)

7.6.4 Grinding Machine

7.6.4.1 Overview

7.6.4.2 Grinding Machine Market Revenue and Forecast to 2027 (US$ Million)

7.6.5 Bandsaw Machine

7.6.5.1 Overview

7.6.5.2 Bandsaw Machine Market Revenue and Forecast to 2027 (US$ Million)

7.6.6 Others

7.6.6.1 Overview

7.6.6.2 Others Market Revenue and Forecast to 2027 (US$ Million)

8. Industrial Machinery Market – Geographic Analysis

8.1 Overview

8.2 North America: Industrial Machinery Market

8.2.1 North America: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.2.2 North America: Industrial Machinery Market, by Machinery Type

8.2.2.1 North America: Industrial Machinery Market, by Packaging Machinery

8.2.2.2 North America: Industrial Machinery Market, by Food Processing Equipment

8.2.2.3 North America: Industrial Machinery Market, by Plastics Processing Machinery

8.2.2.4 North America: Industrial Machinery Market, by Metal Forming Machines

8.2.2.5 North America: Industrial Machinery Market, by Woodworking Machines

8.2.3 North America: Industrial Machinery Market, by Key Country

8.2.3.1 US: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.2.3.1.1 US: Industrial Machinery Market, by Machinery Type

8.2.3.1.1.1 US: Industrial Machinery Market, by Packaging Machinery

8.2.3.1.1.2 US: Industrial Machinery Market, by Food Processing Equipment

8.2.3.1.1.3 US: Industrial Machinery Market, by Plastics Processing Machinery

8.2.3.1.1.4 US: Industrial Machinery Market, by Metal Forming Machines

8.2.3.1.1.5 US: Industrial Machinery Market, by Woodworking Machines

8.2.3.2 Rest of North America: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.2.3.2.1 Rest of North America: Industrial Machinery Market, by Machinery Type

8.2.3.2.1.1 Rest of North America: Industrial Machinery Market, by Packaging Machinery

8.2.3.2.1.2 Rest of North America: Industrial Machinery Market, by Food Processing Equipment

8.2.3.2.1.3 Rest of North America: Industrial Machinery Market, by Plastics Processing Machinery

8.2.3.2.1.4 Rest of North America: Industrial Machinery Market, by Metal Forming Machines

8.2.3.2.1.5 Rest of North America: Industrial Machinery Market, by Woodworking Machines

8.3 Europe: Industrial Machinery Market

8.3.1 Europe: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.2 Europe: Industrial Machinery Market, by Machinery Type

8.3.2.1 Europe: Industrial Machinery Market, by Packaging Machinery

8.3.2.2 Europe: Industrial Machinery Market, by Food Processing Equipment

8.3.2.3 Europe: Industrial Machinery Market, by Plastics Processing Machinery

8.3.2.4 Europe: Industrial Machinery Market, by Metal Forming Machines

8.3.2.5 Europe: Industrial Machinery Market, by Woodworking Machines

8.3.3 Europe: Industrial Machinery Market, by Key Country

8.3.3.1 Germany: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.1.1 Germany: Industrial Machinery Market, by Machinery Type

8.3.3.1.1.1 Germany: Industrial Machinery Market, by Packaging Machinery

8.3.3.1.1.2 Germany: Industrial Machinery Market, by Food Processing Equipment

8.3.3.1.1.3 Germany: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.1.1.4 Germany: Industrial Machinery Market, by Metal Forming Machines

8.3.3.1.1.5 Germany: Industrial Machinery Market, by Woodworking Machines

8.3.3.2 France: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.2.1 France: Industrial Machinery Market, by Machinery Type

8.3.3.2.1.1 France: Industrial Machinery Market, by Packaging Machinery

8.3.3.2.1.2 France: Industrial Machinery Market, by Food Processing Equipment

8.3.3.2.1.3 France: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.2.1.4 France: Industrial Machinery Market, by Metal Forming Machines

8.3.3.2.1.5 France: Industrial Machinery Market, by Woodworking Machines

8.3.3.3 Italy: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.3.1 Italy: Industrial Machinery Market, by Machinery Type

8.3.3.3.1.1 Italy: Industrial Machinery Market, by Packaging Machinery

8.3.3.3.1.2 Italy: Industrial Machinery Market, by Food Processing Equipment

8.3.3.3.1.3 Italy: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.3.1.4 Italy: Industrial Machinery Market, by Metal Forming Machines

8.3.3.3.1.5 Italy: Industrial Machinery Market, by Woodworking Machines

8.3.3.4 Poland: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.4.1 Poland: Industrial Machinery Market, by Machinery Type

8.3.3.4.1.1 Poland: Industrial Machinery Market, by Packaging Machinery

8.3.3.4.1.2 Poland: Industrial Machinery Market, by Food Processing Equipment

8.3.3.4.1.3 Poland: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.4.1.4 Poland: Industrial Machinery Market, by Metal Forming Machines

8.3.3.4.1.5 Poland: Industrial Machinery Market, by Woodworking Machines

8.3.3.5 Austria: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.5.1 Austria: Industrial Machinery Market, by Machinery Type

8.3.3.5.1.1 Austria: Industrial Machinery Market, by Packaging Machinery

8.3.3.5.1.2 Austria: Industrial Machinery Market, by Food Processing Equipment

8.3.3.5.1.3 Austria: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.5.1.4 Austria: Industrial Machinery Market, by Metal Forming Machines

8.3.3.5.1.5 Austria: Industrial Machinery Market, by Woodworking Machines

8.3.3.6 Turkey: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.6.1 Turkey: Industrial Machinery Market, by Machinery Type

8.3.3.6.1.1 Turkey: Industrial Machinery Market, by Packaging Machinery

8.3.3.6.1.2 Turkey: Industrial Machinery Market, by Food Processing Equipment

8.3.3.6.1.3 Turkey: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.6.1.4 Turkey: Industrial Machinery Market, by Metal Forming Machines

8.3.3.6.1.5 Turkey: Industrial Machinery Market, by Woodworking Machines

8.3.3.7 Belgium: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.7.1 Belgium: Industrial Machinery Market, by Machinery Type

8.3.3.7.1.1 Belgium: Industrial Machinery Market, by Packaging Machinery

8.3.3.7.1.2 Belgium: Industrial Machinery Market, by Food Processing Equipment

8.3.3.7.1.3 Belgium: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.7.1.4 Belgium: Industrial Machinery Market, by Metal Forming Machines

8.3.3.7.1.5 Belgium: Industrial Machinery Market, by Woodworking Machines

8.3.3.8 Netherlands: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.8.1 Netherlands: Industrial Machinery Market, by Machinery Type

8.3.3.8.1.1 Netherlands: Industrial Machinery Market, by Packaging Machinery

8.3.3.8.1.2 Netherlands: Industrial Machinery Market, by Food Processing Equipment

8.3.3.8.1.3 Netherlands: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.8.1.4 Netherlands: Industrial Machinery Market, by Metal Forming Machines

8.3.3.8.1.5 Netherlands: Industrial Machinery Market, by Woodworking Machines

8.3.3.9 Rest of Europe: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.3.3.9.1 Rest of Europe: Industrial Machinery Market, by Machinery Type

8.3.3.9.1.1 Rest of Europe: Industrial Machinery Market, by Packaging Machinery

8.3.3.9.1.2 Rest of Europe: Industrial Machinery Market, by Food Processing Equipment

8.3.3.9.1.3 Rest of Europe: Industrial Machinery Market, by Plastics Processing Machinery

8.3.3.9.1.4 Rest of Europe: Industrial Machinery Market, by Metal Forming Machines

8.3.3.9.1.5 Rest of Europe: Industrial Machinery Market, by Woodworking Machines

8.4 APAC: Industrial Machinery Market

8.4.1 APAC: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.4.2 APAC: Industrial Machinery Market, by Machinery Type

8.4.2.1 APAC: Industrial Machinery Market, by Packaging Machinery

8.4.2.2 APAC: Industrial Machinery Market, by Food Processing Equipment

8.4.2.3 Asia Pacific: Industrial Machinery Market, by Plastics Processing Machinery

8.4.2.4 Asia Pacific: Industrial Machinery Market, by Metal Forming Machines

8.4.2.5 Asia Pacific: Industrial Machinery Market, by Woodworking Machines

8.4.3 APAC: Industrial Machinery Market, by Key Country

8.4.3.1.1 China: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.4.3.1.2 China: Industrial Machinery Market, by Machinery Type

8.4.3.1.2.1 China: Industrial Machinery Market, by Packaging Machinery

8.4.3.1.2.2 China: Industrial Machinery Market, by Food Processing Equipment

8.4.3.1.2.3 China: Industrial Machinery Market, by Plastics Processing Machinery

8.4.3.1.2.4 China: Industrial Machinery Market, by Metal Forming Machines

8.4.3.1.2.5 China: Industrial Machinery Market, by Woodworking Machines

8.4.3.2 Rest of APAC: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

8.4.3.2.1 Rest of APAC: Industrial Machinery Market, by Machinery Type

8.4.3.2.1.1 Rest of APAC: Industrial Machinery Market, by Packaging Machinery

8.4.3.2.1.2 Rest of APAC: Industrial Machinery Market, by Food Processing Equipment

8.4.3.2.1.3 Rest of APAC: Industrial Machinery Market, by Plastics Processing Machinery

8.4.3.2.1.4 Rest of APAC: Industrial Machinery Market, by Metal Forming Machines

8.4.3.2.1.5 Rest of APAC: Industrial Machinery Market, by Woodworking Machines

9. Impact Of COVID-19 Pandemic- Industrial Machinery Market

9.1 North America: Impact assessment of COVID-19 Pandemic

9.2 Europe: Impact assessment of COVID-19 Pandemic

9.3 Asia-Pacific: Impact assessment of COVID-19 Pandemic

10. Industry Landscape

10.1 Market Initiative

10.2 New Development

11. Key Company Profiles

11.1 AB Electrolux

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Alfa Laval

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 AMADA CO., LTD.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 GEA Group

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 HAITIAN INTERNATIONAL

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 MITSUBISHI HEAVY INDUSTRIES, LTD

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 SCHULER GROUP

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Sumitomo Heavy Industries, Ltd.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Syntegon Technology GmbH (Bosch Packaging Technology)

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 THE ADELPHI GROUP OF COMPANIES

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 List of Abbreviation


LIST OF TABLES

Table 1. Industrial Machinery Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2. North America: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 3. North America: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 US$ Million)

Table 4. North America: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 5. North America: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 6. North America: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 7. North America: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 8. US: Industrial Machinery Market, by Machinery Type –Revenue and Forecast to 2027 (US$ Million)

Table 9. US: Industrial Machinery Market, by Packaging Machinery –Revenue and Forecast to 2027 (US$ Million)

Table 10. US: Industrial Machinery Market, by Food Processing Equipment –Revenue and Forecast to 2027 (US$ Million)

Table 11. US: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 12. US: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 13. US: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 14. Rest of North America: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 15. Rest of North America: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 16. Rest of North America: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 17. Rest of North America: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 18. Rest of North America: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 19. Rest of North America: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 20. Europe: Industrial Machinery Market, by Machinery Type– Revenue and Forecast to 2027 (US$ Million)

Table 21. Europe: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 22. Europe: Industrial Machinery Market, by Food Processing Equipment– Revenue and Forecast to 2027 (US$ Million)

Table 23. Europe: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 24. Europe: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 25. Europe: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 26. Europe: Industrial Machinery Market, by Key Country

Table 27. Germany: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 28. Germany: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 29. Germany: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 30. Germany: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 31. Germany: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 32. Germany: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 33. France: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 34. France: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 35. France: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 US$ Million)

Table 36. France: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 37. France: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 38. France: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 39. Italy: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 40. Italy: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 41. Italy: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 42. Italy: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 43. Italy: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 44. Italy: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 45. Poland: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 46. Poland: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 47. Poland: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 48. Poland: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 49. Poland: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 50. Poland: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 51. Austria: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 52. Austria: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 53. Austria: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 54. Austria: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 55. Austria: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 56. Austria: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 57. Turkey: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 58. Turkey: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 59. Turkey: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 60. Turkey: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 61. Turkey: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 62. Turkey: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 63. Belgium: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 64. Belgium: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 65. Belgium: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 66. Belgium: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 67. Belgium: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 68. Belgium: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 69. Netherlands: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 70. Netherlands: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 71. Netherlands: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 72. Netherlands: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 73. Netherlands: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 74. Netherlands: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 75. Rest of Europe: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 76. Rest of Europe: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 77. Rest of Europe: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 78. Rest of Europe: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 79. Rest of Europe: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 80. Rest of Europe: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 81. APAC: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 82. APAC: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 83. APAC: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 84. Asia Pacific: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 85. Asia Pacific: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 86. Asia Pacific: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 87. China: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 88. China: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 89. China: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 90. China: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 91. China: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 92. China: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 93. Rest of APAC: Industrial Machinery Market, by Machinery Type – Revenue and Forecast to 2027 (US$ Million)

Table 94. Rest of APAC: Industrial Machinery Market, by Packaging Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 95. Rest of APAC: Industrial Machinery Market, by Food Processing Equipment – Revenue and Forecast to 2027 (US$ Million)

Table 96. Rest of APAC: Industrial Machinery Market, by Plastics Processing Machinery – Revenue and Forecast to 2027 (US$ Million)

Table 97. Rest of APAC: Industrial Machinery Market, by Metal Forming Machines – Revenue and Forecast to 2027 (US$ Million)

Table 98. Rest of APAC: Industrial Machinery Market, by Woodworking Machines – Revenue and Forecast to 2027 (US$ Million)

Table 99. List of Abbreviation


LIST OF FIGURES

Figure 1. Industrial Machinery Market Segmentation

Figure 2. Industrial Machinery Market Segmentation – By Geography

Figure 3. Global Industrial Machinery Market Overview

Figure 4. Global Industrial Machinery Market –Geography Analysis

Figure 5. Global Industrial Machinery Market – Machinery Type Analysis

Figure 6. North America – PEST analysis

Figure 7. Europe – PEST analysis

Figure 8. Asia Pacific – PEST analysis

Figure 9. Industrial Machinery Market – Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. Industrial Machinery Market Impact Analysis of Drivers and Restraints

Figure 12. Geographic Overview of Industrial Machinery Market

Figure 13. Global: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14. Industrial Machinery Market Breakdown, by Machinery Type (2019 and 2027)

Figure 15. Packaging Machinery Market Revenue and Forecast to 2027 (US$ Million)

Figure 16. Filling Machines Market Revenue and Forecast To 2027 (US$ Million)

Figure 17. Palletizing Machines Market Revenue and Forecast To 2027 (US$ Million)

Figure 18. Labeling Machines Market Revenue and Forecast To 2027 (US$ Million)

Figure 19. Wrapping Machines Market Revenue and Forecast To 2027 (US$ Million)

Figure 20. Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 21. Food Processing Equipment Market Revenue and Forecast to 2027 (US$ Million)

Figure 22. Slicers and Dicers Market Revenue and Forecast To 2027 (US$ Million)

Figure 23. Extruding Equipment Market Revenue and Forecast To 2027 (US$ Million)

Figure 24. Depositors and Mixers Market Revenue and Forecast To 2027 (US$ Million)

Figure 25. Storage and Refrigeration Equipment Market Revenue and Forecast To 2027 (US$ Million)

Figure 26. Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 27. Plastics Processing Machinery Market Revenue and Forecast to 2027 (US$ Million)

Figure 28. Injection Molding Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 29. Blow Market Revenue and Forecast To 2027 (US$ Million)

Figure 30. Extrusion Molding Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 31. Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 32. Metal Forming Machine Tool Market Revenue and Forecast to 2027 (US$ Million)

Figure 33. Pressure Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 34. Bending Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 35. Casting Machine Punching Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 36. Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 37. Woodworking Machinery Market Revenue and Forecast to 2027 (US$ Million)

Figure 38. Lathes Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 39. Grinding Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 40. Bandsaw Machine Market Revenue and Forecast To 2027 (US$ Million)

Figure 41. Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 42. Global Industrial Machinery Market Revenue Share, by Region (2019 and 2027)

Figure 43. North America: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 44. North America: Industrial Machinery Market Revenue Share, by Machinery Type (2019 and 2027)

Figure 45. North America: Industrial Machinery Market Revenue Share, by Packaging Machinery (2019 and 2027)

Figure 46. North America: Industrial Machinery Market Revenue Share, by Food Processing Equipment (2019 and 2027)

Figure 47. North America: Industrial Machinery Market Revenue Share, by Plastics Processing Machinery (2019 and 2027)

Figure 48. North America: Industrial Machinery Market Revenue Share, by Metal Forming Machines (2019 and 2027)

Figure 49. North America: Industrial Machinery Market Revenue Share, by Woodworking Machines (2019 and 2027)

Figure 50. North America: Industrial Machinery Market Revenue Share, by Key Country (2019 and 2027)

Figure 51. US: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 52. Rest of North America: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 53. Europe: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54. Europe: Industrial Machinery Market Revenue Share, by Machinery Type (2019 and 2027)

Figure 55. Europe: Industrial Machinery Market Revenue Share, by Packaging Machinery (2019 and 2027)

Figure 56. Europe: Industrial Machinery Market Revenue Share, by Food Processing Equipment (2018 and 2027)

Figure 57. Europe: Industrial Machinery Market Revenue Share, by Plastics Processing Machinery (2019 and 2027)

Figure 58. Europe: Industrial Machinery Market Revenue Share, by Metal Forming Machines (2019 and 2027)

Figure 59. Europe: Industrial Machinery Market Revenue Share, by Woodworking Machines (2019 and 2027)

Figure 60. Europe: Industrial Machinery Market Revenue Share, by Key Country (2019 and 2027)

Figure 61. Germany: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 62. France: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 63. Italy: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 64. Poland: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 65. Austria: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 66. Turkey: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 67. Belgium: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 68. Netherlands: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 69. Rest of Europe: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 70. APAC: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 71. APAC: Industrial Machinery Market Revenue Share, by Machinery Type (2019 and 2027)

Figure 72. APAC: Industrial Machinery Market Revenue Share, by Packaging Machinery (2019 and 2027)

Figure 73. APAC: Industrial Machinery Market Revenue Share, by Food Processing Equipment (2018 and 2027)

Figure 74. Asia Pacific: Industrial Machinery Market Revenue Share, by Plastics Processing Machinery (2019 and 2027)

Figure 75. Asia Pacific: Industrial Machinery Market Revenue Share, by Metal Forming Machines (2019 and 2027)

Figure 76. Asia Pacific: Industrial Machinery Market Revenue Share, by Woodworking Machines (2019 and 2027)

Figure 77. APAC: Industrial Machinery Market Revenue Share, by Key Country (2019 and 2027)

Figure 78. China: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 79. Rest of APAC: Industrial Machinery Market – Revenue and Forecast to 2027 (US$ Million)

Figure 80. IMPACT OF COVID-19 PANDEMIC IN NORTH AMERICAN COUNTRY MARKETS

Figure 81. IMPACT OF COVID-19 PANDEMIC IN EUROPE COUNTRY MARKETS

Figure 82. IMPACT OF COVID-19 PANDEMIC IN ASIA PACIFIC COUNTRY MARKETS

The List of Companies - Industrial Machinery Market

  1. AB ELECTROLUX
  2. ALFA LAVAL
  3. AMADA CO., LTD
  4. GEA GROUP
  5. HAITIAN INTERNATIONAL
  6. MITSUBISHI HEAVY INDUSTRIES, LTD
  7. SCHULER GROUP
  8. SUMITOMO HEAVY INDUSTRIES, LTD
  9. SYNTEGON TECHNOLOGY GMBH (BOSCH PACKAGING TECHNOLOGY)
  10. THE ADELPHI GROUP OF COMPANIES

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Industrial Machinery Market