Equipment as a Service Market is expected to reach US$ 1.12 billion by 2032 | Major Companies - TRUMPF, Atlas Copco, H&E Rentals, SMS group GmbH.

Market Size and Growth:

The Equipment as a Service Market size reached US$ 0.72 billion in 2024 and is expected to reach US$ 1.12 billion by 2032, growing with a CAGR of 5.75% during the forecast period 2025-2032.

The Equipment as a Service Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Equipment as a Service (EaaS) Market refers to a business model where customers access industrial or commercial equipment through subscription or pay-per-use contracts. Providers retain ownership and manage maintenance, upgrades, and lifecycle services, enabling organizations to reduce capital expenditure, improve operational efficiency, and gain flexible access to advanced equipment technologies.

Recent Key Developments of United States:

✅ November 2025: Schneider Electric broadened its EaaS offerings with zero-upfront-cost energy management solutions, incorporating renewables such as solar and battery storage to support commercial sustainability.​

✅ October 2025: EaaS providers in the US advanced integrations of smart grids and IoT technologies, supported by government incentives aimed at carbon reduction to boost energy efficiency and disaster resilience.​

✅ September 2025: Schneider Electric partnered with energy providers to launch turnkey Equipment as a Service (EaaS) projects through long-term contracts, speeding up renewable energy adoption and improving grid resilience for businesses across the country.​

Recent Key Developments of Europe:

✅ November 2025: TRUMPF expanded its Pay-per-Part EaaS program in machine tool manufacturing, enabling customers to pay based on output while the company handles maintenance and uptime.​
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✅ October 2025: European industrial output increased, driving further adoption of EaaS models in manufacturing and construction to enhance operational flexibility and cost efficiencies.
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✅ September 2025: Growth in Europe's EaaS market accelerated due to rising investments in technological advancements across sectors, alongside demand for production innovations and infrastructure projects.

List of the Key Players in the Equipment as a Service Market:

TRUMPF
Atlas Copco
H&E Rentals
SMS group GmbH
Arnold Machine
AB Volvo
Heller Maschinenfabrik GmbH
DMG MORI
Metso Outotec
KAESER KOMPRESSOREN

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Equipment as a Service Market:

By Equipment: Air Compressor, Pump, Power Tools, Ground Power Units, Laser Cutting Machines, Printing Machines, CNC machines, Material handling system, Packaging Machine, Excavators, Cranes, Others.

By Application: Construction and Mining, Manufacturing, Packaging, Material Handling, Others.

By Financing: Subscription-Based, Outcome-Based,

By End-User: Healthcare, Logistics and Transportation, Financial Services, Government & Institution, Energy and Utilities, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Equipment as a Service market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Equipment as a Service Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Equipment as a Service market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Equipment as a Service Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

◆ How big is the Equipment as a Service Market in 2025?
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◆ Which region is expected to dominate the industry during the forecast period?

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