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EMEA Industrial Machinery Market Trends

  • Report ID: GMI9878
  • Published Date: Jun 2024
  • Report Format: PDF

EMEA Industrial Machinery Market Trends

Energy-efficient machinery is becoming increasingly popular as a means of lowering operating costs and minimizing environmental effect. Manufacturers are designing equipment that uses less power and incorporates sustainable principles into its production. Moreover, compliance with severe environmental regulations is encouraging the development of machinery that produces fewer pollutants. Companies are focused on greener technology, such as electric and hybrid machinery, to meet these requirements. Furthermore, additive manufacturing techniques are increasingly being used to create complicated items while reducing material waste. This technology allows for rapid prototyping and customization, lowering lead times and production costs.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

EMEA industrial machinery industry was valued at USD 148 billion in 2023 and is anticipated to register 3.8% CAGR between 2024 and 2032, driven by rising adoption of smart packaging solutions and increasing mechanization of farming operations.

The construction segment in the EMEA industrial machinery market is expected to reach USD 92.5 billion by 2032, due to infrastructure development, urbanization, and sustainable practices that are boosting construction machinery demand.

Europe industrial machinery market is likely to exceed USD 145.8 billion by 2032, due to its central commercial location, diverse industrial base, and demand for specialized gear.

AGCO Corporation, ALFA LAVAL, Atlas Copco AB, Brandt Industries Ltd., Caterpillar Inc., CNH Industrial N, Deere & Company, ESCO Corp., Gerdau S.A., and GEA Group, among others.

EMEA Industrial Machinery Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 428
  • Countries covered: 23
  • Pages: 487
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