Europe Industrial Equipment Market Size & Outlook, 2025-2033

Europe Industrial Equipment Market Highlights

According to Market Strides analysis, the Europe Industrial Equipment Market size stood at USD 8197.5 Million in 2024 and is forecasted to reach USD 10,897.59 Million by 2033.
The market is projected to grow at a CAGR of 3.22% between 2025 and 2033.
By segment, Pumps & Compressors was the leading By Equipment in terms of market size in 2024.
Boilers is expected to be the most lucrative By Equipment segment, exhibiting the fastest growth throughout the forecast period.

Europe Industrial Equipment Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

In 2024, Europe contributed 32.79% to the overall global Industrial Equipment Market size.
By 2033, United States is anticipated to dominate the global market based on market size.
Russia is expected to witness the fastest growth within Europe, attaining USD 1906.54 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 8197.5 Million
Market Size In 2033	USD 10,897.59 Million
Largest segment	Pumps & Compressors
Units	Revenue in USD Million
CAGR	3.22% (2025-2033)
Segmnetation Covered
Europe	Germany United Kingdom France Italy Spain Russia Nordic Benelux
By Equipment	Pumps & Compressors Boilers Testing Equipment
By Industry	Manufacturing Energy Construction
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Europe Industrial Equipment Market Country 2025-2033 (USD Million)

Europe	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Germany	XX.x	XX.x	XX.x	2051.83	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
United Kingdom	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
France	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Italy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Spain	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Russia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Nordic	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Benelux	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Europe Industrial Equipment Market By Equipment 2025-2033 (USD Million)

By Equipment	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Pumps & Compressors	XX.x	XX.x	XX.x	3697.07	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Boilers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Testing Equipment	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Europe Industrial Equipment Market By Industry 2025-2033 (USD Million)

By Industry	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Manufacturing	XX.x	XX.x	XX.x	3698.71	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Energy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Construction	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.