Korea Industrial Equipment Market Size & Outlook, 2025-2033
OverviewKorea Industrial Equipment Market Highlights
- According to Market Strides analysis, the Korea Industrial Equipment Market size was USD 196.85 Million in 2024 and is projected to reach USD 269.16 Million by 2033.
- The Korea market is projected to grow at a CAGR of 3.58% between 2025 and 2033.
- By segment, Pumps & Compressors emerged as the largest By Equipment in terms of market size in 2024.
- Testing Equipment is anticipated to remain the most attractive By Equipment segment, recording the fastest growth during the forecast period.
Source: MS Analysis Company Publications, Primary Interviews.
Other Key Findings
- Korea contributed 0.79% to the global Industrial Equipment Market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for Industrial Equipment Market.
- In Asia Pacific, China is projected to capture the leading share of market by 2033.
- Among Asia Pacific markets, South East Asia is expected to post the fastest growth, reaching USD 2121.92 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 196.85 Million |
| Market Size In 2033 | USD 269.16 Million |
| Largest segment | Pumps & Compressors |
| Units | Revenue in USD Million |
| CAGR | 3.58% (2025-2033) |
| Segmnetation Covered | |
| By Equipment |
|
| By Industry |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea 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 | 97.93 | 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.
Korea 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 | 88.68 | 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 |
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