The global machinery market is expected to reach over $4,928.07 billion in 2027 at a CAGR of 6.6%!
HVAC systems are being integrated with building automation systems for the overall management of a building to maximize energy efficiency. BAS receives analog or digital inputs from the sensors installed in HVAC and the integrated system is managed by a single dashboard accessed from a computer. These integrated systems improve building performance, save energy, and shrink the environmental footprint. HVAC systems account for 60-70% of the total energy consumption of a typical commercial building, thus integrated systems enable commercial establishments to reduce power consumption. For example, advanced BAS technology integrates lighting, water, elevators, security, and HVAC systems into a single automated platform. An integrated lighting and HVAC system automatically controls the lighting and temperature to ideal levels, thus reducing energy consumption and costs. GE and Trane are offering solutions that integrate HVAC with BAS.
Machinery Manufacturing Market Coverage
The machinery market consists of sales of industrial and commercial machinery by entities (organizations, sole traders or partnerships) that produce industrial and commercial machinery. These establishments assemble parts into components, sub-assemblies and complete machines. The machinery market is segmented into agriculture, construction, and mining machinery; industrial machinery; commercial and service industry machinery; ventilation, heating, air-conditioning, and commercial refrigeration equipment; metalworking machinery; engine, turbine, and power transmission equipment; and other general-purpose machinery. Only goods and services traded between entities or sold to end consumers are included.
The Business Research Company covers 459 markets overall in the machinery market providing global market numbers, market growth, market-specific drivers and restraints, trends, and other market specific information. The machinery market is segmented in the following manner:
- 1. Agriculture, Construction, And Mining Machinery
The agriculture, construction, and mining machinery market consists of sales of farm machinery and equipment, power mowing equipment, and other powered home lawn and garden equipment; construction machinery, surface mining machinery, and logging equipment; and oil and gas field and underground mining machinery and equipment by entities (organizations, sole traders or partnerships) that produce agriculture, construction, and mining machinery. The agriculture, construction, and mining machinery market is segmented into construction machinery; agricultural implement; and mining and oil and gas field machinery. Only goods and services traded between entities or sold to end consumers are included.
The Agriculture, Construction, And Mining Machinery market is sub-segmented into –
- 1.1 Construction Machinery
- 1.2 Agricultural Implement
- 1.3 Mining And Oil And Gas Field Machinery
- 1.4 Four-Wheel Drive Tractor
- 2. Industrial Machinery
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 by entities (organizations, sole traders or partnerships) that produce industrial machinery. The industrial machinery market is segmented into woodworking and paper machinery; printing machinery and equipment; semiconductor machinery; food product machinery; and other industrial machinery. Only goods and services traded between entities or sold to end consumers are included.
The Industrial Machinery market is sub-segmented into –
- 2.1 Woodworking And Paper Machinery
- 2.2 Other Industrial Machinery
- 2.3 Printing Machinery And Equipment
- 2.4 Semiconductor Machinery
- 2.5 Food Product Machinery
- 2.6 Industrial Robots(Warehousing and Storage Robots)
- 2.7 Industrial Robots
- 2.8 Smart Robots
- 3. Commercial And Service Industry Machinery
The commercial and service industry machinery market consists of sales of commercial and service industry machinery by entities (organizations, sole traders and partnerships) that produce commercial and service industry machinery such as optical instruments, photographic and photocopying equipment, automatic vending machinery, commercial laundry and dry-cleaning machinery, office machinery, automotive maintenance equipment (except mechanics' hand tools), and commercial-type cooking equipment. The commercial and service industry machinery market is segmented into photographic and photocopying equipment; optical instrument and lens; and other commercial and service industry machinery. Only goods and services traded between entities or sold to end consumers are included.
The Commercial And Service Industry Machinery market is segmented into –
- 3.1 Other Commercial And Service Industry Machinery
- 3.2 Photographic And Photocopying Equipment
- 3.3 Optical Instrument And Lens
- 4. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment
The ventilation, heating, air-conditioning, and commercial refrigeration equipment market consists of sales of ventilation, heating, air-conditioning, and commercial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce ventilation, heating, air-conditioning, and commercial refrigeration equipment, including heating equipment (except warm air furnaces) and air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market is segmented into HVAC and commercial and industrial refrigeration equipment; commercial fan and air purification equipment; and heating equipment (except warm air furnaces). Only goods and services traded between entities or sold to end consumers are included.
The Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market is sub-segmented into –
- 4.1 HVAC And Commercial And Industrial Refrigeration Equipment
- 4.2 Commercial Fan And Air Purification Equipment
- 4.3 Heating Equipment (except Warm Air Furnaces)
- 5. Metalworking Machinery
The metal working machinery market consists of sales of metal working machinery by entities (organizations, sole traders and partnerships) that produce machines such as cutting tools, metal cutting and metal forming machine tools, metalworking machinery accessories, rolling mill machinery, assembly machinery, fabricating machines, industrial molds, conversion or straightening equipment, special dies, tools, jigs, and fixtures. The metal working machinery market is segmented into special die and tool, die set, jig, and fixture; machine tool; industrial mold; rolling mill and other metalworking machinery; and cutting tool and machine tool accessory. Only goods and services traded between entities or sold to end consumers are included.
The Metalworking Machinery market is sub-segmented into –
- 5.1 Special Die And Tool, Die Set, Jig, And Fixture
- 5.2 Machine Tool
- 5.3 Industrial Mold
- 5.4 Rolling Mill And Other Metalworking Machinery
- 5.5 Cutting Tool And Machine Tool Accessory
- 6. Engine, Turbine, And Power Transmission Equipment
The engine, turbine, and power transmission equipment market consist of sales of engine, turbine, and power transmission equipment by entities (organizations, sole traders or partnerships) that produce turbines, power transmission equipment, and internal combustion engines (except automotive gasoline and aircraft). The engine, turbine, and power transmission equipment market are segmented into commercial internal combustion engines; turbine and turbine generator set units; mechanical power transmission equipment; and speed changer, industrial high-speed drive, and gear. Only goods and services traded between entities or sold to end consumers are included.
The Engine, Turbine, And Power Transmission Equipment market is sub-segmented into –
- 6.1 Commercial Internal Combustion Engines
- 6.2 Turbine And Turbine Generator Set Units
- 6.3 Mechanical Power Transmission Equipment
- 6.4 Speed Changer, Industrial High-Speed Drive, And Gear
- 7. Other General Purpose Machinery
The other general purpose machinery market consists of sales of other general purpose machinery by entities (organizations, sole traders or partnerships) that produce other types of general purpose machinery such as pumps and compressors, material handling equipment, soldering and welding equipment and all other general purpose machinery. Only goods and services traded between entities or sold to end consumers are included.
The Other General Purpose Machinery market is sub-segmented into –
- 7.1 Transformer Winding Machines
- 7.2 Air Quality Monitoring System
- 7.3 Vacuum Coating Equipment
- 7.4 Flowmeter
- 7.5 Sorting Machines
- 8. Other Equipment
The other equipment market consists of sales of equipment such as trash rakes, clarifiers, filters, demineralizers, degasifiers, centrifuges, sludge dryers, string-wound sediment filters, activated carbon, modified carbon, ion exchange and redox media filters, reverse osmosis membranes and ultraviolet lamps.
The Other Equipment market is sub-segmented into –
- 8.1 Wastewater Treatment Equipment
- 8.2 Marine Hybrid Propulsion
- 8.3 Point-of-Use Water Treatment Systems
- 8.4 Narcotics Scanner
- 9. Packaging Equipment
The packaging equipment market consists of sales of machine such as shrink tunnels, pallet wrappers, case erectors, sealers, carded packaging machines, and form, fill and seal machines.
The Packaging Equipment market is sub-segmented into –
- 9.1 Pharmaceutical Packaging Equipment
- 9.2 Advanced Packaging Technologies
- 9.3 Filling Machines
How Can We Help?
The Business Research Company`s Machinery Manufacturing Market Research Practice provides marketing, planning and strategy departments with a wider range of market, business, customer and competitor intelligence services across different segments of the machinery manufacturing industry. The machinery manufacturing market research services and solutions The Business Research Company provides are as follows —
- Machinery Manufacturing Market Sizing, Forecast and Trend Analysis
- Machinery Manufacturing Market Competitor Analysis
- Machinery Manufacturing Market Supply Chain Analysis
- Machinery Manufacturing Market Customer Research
- Machinery Manufacturing Market Partner or Distribution Research
- Machinery Manufacturing Market Entry Strategy Research Study
- Machinery Manufacturing Industry Analysis and Profiling
- Machinery Manufacturing Market Regulations
