The industrial machinery manufacturing industry comprises establishments primarily involved in manufacturing 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.
The top five companies covered are Tetra Laval International S.A., Applied Materials, Inc., Lam Research Corp, Tokyo Electron Ltd, ASML Holding N.V. Tetra Laval International S.A. was the largest company in the industrial machinery manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global industrial machinery manufacturing market was valued at around $115 billion in 2017. North America was the largest region in the industrial machinery manufacturing market in 2017, accounting for under 33% market share. The USA was the largest country in the market in 2017, accounting for above 27% market share.
Industrial machinery manufacturers are using industrial internet of things (IIoT) for faster production and delivery of industrial machinery to customers. IIoT is a technology in which sensors, computers, networks interact with their environment to generate data and improve industrial processes. IIoT streamlines the flow of information and enables real-time decisions. This leads to enhanced production efficiency, minimal machine breakdowns and lower manufacturing costs.
The industrial machinery manufacturing market is segmented into Sawmill, Woodworking, And Paper Machinery Manufacturing, Other Industrial Machinery Manufacturing, Printing Machinery And Equipment Manufacturing, Semiconductor Machinery Manufacturing, and Food Product Machinery Manufacturing.
Sawmill, Woodworking, and Paper Machinery Manufacturing segment includes companies manufacturing sawmill and woodworking machinery (except handheld), manufacturing paper industry machinery for making paper and paper products.
Other Industrial Machinery Manufacturing segment includes companies manufacturing industrial machinery which does not include agricultural and farm-type, construction and mining machinery, food manufacturing-type machinery, semiconductor making machinery, sawmill, woodworking, and paper making machinery, and printing machinery and equipment.
Printing Machinery and Equipment Manufacturing segment comprises establishments primarily involved in manufacturing printing and bookbinding machinery and equipment, such as printing presses, typesetting machinery, and bindery machinery.
Semiconductor Machinery Manufacturing segment comprises companies manufacturing wafer processing equipment, semiconductor assembly and packaging equipment and other semiconductor making machinery.
Food Product Machinery Manufacturing segment comprises establishments manufacturing equipment such as dairy product plant machinery and equipment, bakery machinery and equipment, meat and poultry processing and preparation machinery, and other commercial food products machinery. The industrial machinery manufacturing in this report is segmented into sawmill, woodworking, and paper machinery manufacturing, other industrial machinery manufacturing, printing machinery and equipment manufacturing, semiconductor machinery manufacturing and food product machinery manufacturing.