Global Industrial Equipment Market Size & Outlook, 2025-2033


Global Industrial Equipment Market Highlights

  • Market Strides analysis indicates that the Global Industrial Equipment Market size, valued at USD 25000 Million in 2024, is expected to expand to USD 34,087.37 Million by 2033.
  • The Global market is forecasted to expand at a CAGR of 3.5% spanning 2025–2033.
  • Pumps & Compressors held the leading position among By Equipment segments in 2024, based on market size.
  • Pumps & Compressors is projected to post the fastest growth rate, sustaining its position as the most attractive By Equipment segment during the forecast horizon.
Global Industrial Equipment Market Overview
Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings


  • By 2033, United States is estimated to hold the largest position in the global market in terms of size.
  • Middle East and Africa is estimated to remain the fastest-growing market in Global, advancing to USD 11342.69 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 25000 Million
Market Size In 2033 USD 34,087.37 Million
Largest segment Pumps & Compressors
Units Revenue in USD Million
CAGR 3.5% (2025-2033)
Segmnetation Covered
Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Middle East and Africa
  5. LATAM
By Equipment
  1. Pumps & Compressors
  2. Boilers
  3. Testing Equipment
By Industry
  1. Manufacturing
  2. Energy
  3. Construction
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Global Industrial Equipment Market Region 2025-2033 (USD Million)

Region 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
North America XX.x XX.x XX.x 8640 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Europe 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
Asia Pacific 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
Middle East and Africa 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
LATAM 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.

Global 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 11262.5 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.

Global 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 13745 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.

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Report Details
Author Market Strides Research Team
Format PDF & Excel
Language English
Published Nov, 2025
USD 3500
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