Machinery Market 2021 Global Industry Growth And Key Manufacturers Analysis Forecast Report Up To 2030

The Business Research Company offers "Machinery Global Market Report 2021: COVID-19 Impact And Recovery To 2030" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The machinery market report describes and explains the global machinery market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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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.

The global machinery market is expected to grow from $2995.73 billion in 2020 to $3198.95 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4341.03 billion in 2025 at a CAGR of 8%.

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Some of the major players of the machinery market are General Electric Company, Caterpillar Inc., Canon Inc., Deere & Company, Mitsubishi Heavy Industries.

The countries covered in the global machinery market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global machinery market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global machinery market is segmented -
1) By Type: 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, Other General Purpose Machinery

Read More On The Global Machinery Market Report:
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Machinery Market Characteristics
4. Machinery Market Product Analysis
5. Machinery Market Supply Chain
....
21. Machinery Market Competitive Landscape
22. Key Mergers And Acquisitions In The Machinery Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

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