Nordic Industrial Equipment Market Size & Outlook, 2025-2033
OverviewNordic Industrial Equipment Market Highlights
- Market Strides analysis indicates that the Nordic Industrial Equipment Market size, valued at USD 646.78 Million in 2024, is expected to expand to USD 875.68 Million by 2033.
- The Nordic market is forecasted to expand at a CAGR of 3.41% spanning 2025–2033.
- Pumps & Compressors held the leading position among By Equipment segments in 2024, based on market size.
- Boilers is projected to post the fastest growth rate, sustaining its position as the most attractive By Equipment segment during the forecast horizon.
Source: MS Analysis Company Publications, Primary Interviews.
Other Key Findings
- Nordic accounted for 2.59% of the global Industrial Equipment Market size in 2024.
- By 2033, United States is expected to remain the top global market in terms of size.
- Within Europe, Germany is forecasted to dominate the regional Industrial Equipment Market size by 2033.
- Russia will be the fastest-growing market in Europe, projected to achieve 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 646.78 Million |
| Market Size In 2033 | USD 875.68 Million |
| Largest segment | Pumps & Compressors |
| Units | Revenue in USD Million |
| CAGR | 3.41% (2025-2033) |
| Segmnetation Covered | |
| By Equipment |
|
| By Industry |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nordic 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 | 344.67 | 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.
Nordic 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 | 343.31 | 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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