The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global market for industrial machinery is projected to increase from $506.67 billion in 2022 to $545.67 billion in 2023, exhibiting a compound annual growth rate (CAGR) of 7.7%. The market size of the global industrial machinery market is anticipated to reach $708.3 billion in 2027, growing at a CAGR of 6.7%.

What will drive the industrial machinery market?
Anticipated technological advancements will stimulate innovation in industrial machinery manufacturing, propelling market growth in the forecast period.

Get A Free Sample On The Global Industrial Machinery Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=2861&type=smp

Who are the major players in the market?
Major companies in the industrial machinery market include ASML Holding N.V, Tetra Laval International S.A, Tokyo Electron Ltd., Lam Research Corp, Applied Materials Inc., Canon Inc., Dover Corporation.

Which trend is gaining popularity in the industrial machinery market?
Sawmill manufacturing equipment is now incorporating 3D log scanning to enhance lumber quality. A 3D log scanner employs vision sensors and geometric log data to accurately measure log shapes, improving scan quality and speed. Advanced laser lighting aids in measuring dark logs, resulting in higher-grade lumber production.

Read The Full Industrial Machinery Market Report Here:
https://www.thebusinessresearchcompany.com/report/industrial-machinery-global-market-report

How is the industrial machinery market segmented?

Global Industrial Machinery Market Segments Include:

• By Type: Woodworking And Paper Machinery, Other Industrial Machinery, Printing Machinery And Equipment, Semiconductor Machinery, Food Product Machinery
• By Operation: Autonomous, Semi-Autonomous, Manual
• By Capacity: Small, Medium, Large
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global industrial machinery market in 2021.

The Industrial Machinery Global Market Report 2023  provides an overview of the industrial machinery market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The industrial machinery market forecast analyzes industrial machinery market size, industrial machinery market share, leading competitor and their market positions.

Industrial machinery refers to power-driven machines or machine groups operating in coordination within various industrial processes. These machines perform functions like cutting, shaping, pressing, lamination, or a combination of these activities and are not manually portable during operation.

Explore Similar Reports From The Business Research Company:
Industrial Controls Global Market Report 2023

Industrial Sensor Global Market Report 2023

Relay And Industrial Controls Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: