PUBLISHER: The Business Research Company | PRODUCT CODE: 1932661
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932661
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.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the industrial machinery market by increasing the cost of imported machine tools, control systems, bearings, motors, and fabricated metal components used across woodworking, semiconductor, and food processing machinery. Manufacturers in North America and Europe are particularly affected due to reliance on imported high-precision parts, while Asia-Pacific exporters face pricing pressure in global markets. These tariffs are raising capital expenditure and delaying machinery upgrades for small and mid-sized manufacturers. However, they are also encouraging localization of machinery manufacturing, regional sourcing of components, and innovation in cost-efficient and modular industrial equipment designs.
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 $613.44 billion in 2025 to $650.19 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to industrialization growth, demand for mass production equipment, mechanization of manufacturing, expansion of industrial facilities, availability of conventional machinery.
The industrial machinery market size is expected to see strong growth in the next few years. It will grow to $847.68 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to industry 4.0 adoption, demand for smart factories, labor cost optimization, customization in manufacturing, investment in advanced machinery. Major trends in the forecast period include shift toward automated production lines, rising demand for high-precision machinery, integration of smart sensors in equipment, growth of flexible manufacturing systems, expansion of multi-industry machinery usage.
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.
Major companies operating in the industrial machinery market are ASML Holdings N.V., Tokyo Electron Limited, Lam Research Corporation, Applied Materials, Inc., KLA Corporation, ASM Pacific Technology Ltd., Buhler AG, Tetra Pak International S.A., Marel hf., Alfa Laval AB, Amada Co., Ltd., AIDA Engineering, Ltd., The Japan Steel Works, Ltd., Komatsu Industries Corporation, Sanki Seiko Co., Ltd., Liebherr Group, Hitachi, Ltd., ELB Equipment Limited, SIGNAL-PACK, Strommasina Corporation, StankoMashStroy, VKP, ATH Maschinenbau GmbH, Bosch (Industrial Technology Division), ZF Friedrichshafen AG (Industrial Technology Division), Continental AG (Industrial Solutions), Volvo Group (Industrial & Construction Equipment Division), John Deere (Industrial & Manufacturing Machinery Division), Case Construction Equipment, GE Power Electronics Inc., Rolls-Royce Corporation, Honda of America Manufacturing, Inc., General Motors Global Propulsion Systems, Ford Motor Company of Canada Ltd.
Asia-Pacific was the largest region in the industrial machinery market in 2025. Western Europe was the second largest region in the industrial machinery market. The regions covered in the industrial machinery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the industrial machinery market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, 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 Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses industrial machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for industrial machinery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The industrial machinery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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