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Industrial Machinery Market Trends by Key Players: Caterpillar, Komatsu, Hitachi, Volvo, Atlas Copco, and Terex represent
Global Market Insights, Inc.
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Moreover, supporting regulatory norms regarding infrastructural tax will boost construction activities across the countries such as India, South Korea, and Japan. Growing need of excavators for heavy lifting, landscaping, brush cutting, river dredging, etc. will positively influence the industrial machinery market size. Furthermore, upgrowing R&D in various segments such as automation of operations, steering systems, and data management is likely to positively impact the market.
Food processing, semiconductor manufacturing, mining, agriculture, construction, packaging are the key application areas of the global industrial machinery market. Packaging application will surpass a revenue USD 65 billion by 2024, primarily driven by increasing demand for packaged food and beverages across the burgeoning middle-class population. Additionally, rising demand for multi-functional systems and emerging technologies such as vision sensors, EOAT (end-of-arm-tooling) design will boost industrial machinery industry size. Moreover, growing industrialization will drive construction and mining applications, with a growth rate of 4.5% over the period of 2016 to 2024.
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Partial Chapter of the Table of Content
Chapter 3 Industrial Machinery Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Agriculture
3.4.1.1 Soil compaction
3.4.1.2 Mapping fields and crops
3.4.2 Construction
3.4.2.1 Wearable smart sensors
3.4.2.2 Tool tracking
3.4.2.3 Tablets and Wi-Fi
3.4.2.4 Mobile apps
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Occupational Safety and Health Administration (OSHA)
3.5.1.1.1 ANSI Standards
3.5.1.1.2 National Fire Protection Association(NFPA)
3.5.1.2 Canada
3.5.1.2.1 Duty-Free Manufacturing Tariff Regime
3.5.1.3 Mexico
3.5.2 EU
3.5.2.1 Machinery Directive 2006/42/EC
3.5.3 China
3.5.3.1 MEP (Ministry of Environmental Protection, the People’s Republic of China)
3.5.3.2 CCC Mark
3.5.3.3 Protection of intellectual property rights
3.5.4 India
3.5.4.1 Occupational Health and Safety (OH&S)
3.5.4.2 Emission standards for diesel construction machinery
3.5.4.3 Emission standards for diesel agricultural tractors
3.6 Industry Impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing mechanization of farming operations
3.6.1.2 Escalating infrastructure spending
3.6.1.3 Rising adoption of smart packaging solutions
3.6.1.4 Surging globalization to trigger food processing sector
3.6.2 Industry pitfalls & challenges
3.6.2.1 Health and safety concerns
3.6.2.2 Lack of skilled labor and technicians
3.7 Growth potential analysis
3.8 Company market share analysis, 2015
3.8.1 Strategic landscape
3.9 Porter’s analysis
3.10 PESTEL analysis
Chapter 4 Industrial Machinery Application Insights
4.1 Global industrial machinery market share by application, 2015 & 2024
4.2 Agriculture
4.2.1 Industrial machinery market demand from agriculture, 2013 - 2024
4.3 Construction
4.3.1 Industrial machinery market demand from construction, 2013 - 2024
4.4 Packaging
4.4.1 Industrial machinery market demand from packaging, 2013 - 2024
4.5 Food Processing
4.5.1 Industrial machinery market demand from food processing, 2013 - 2024
4.6 Mining
4.6.1 Industrial machinery market demand from mining, 2013 - 2024
4.7 Semiconductor Manufacturing
4.7.1 Industrial machinery market demand from semiconductor manufacturing, 2013 - 2024
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Europe industrial machinery industry size is predicted to register a growth rate of 4.7% over the above-mentioned time, owing to the strict government regulations pertaining to emissions, noise free operations, and safety. Expanding construction equipment rental market will also positively influence the industrial machinery business share.
Market players will enhance their sale by strategic partnerships with the key suppliers to attract more customers. Heavy investment in R&D to come up with better quality products will be a major growth strategy over the coming years. Komatsu Limited, Caterpillar Inc., Hitachi, Atlas Copco, Volvo, Terex, and Sandvik are some of the leading companies in the industrial machinery market.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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