North America Industrial Equipment Market Size & Outlook, 2025-2033

North America Industrial Equipment Market Highlights

Market Strides analysis indicates that the North America Industrial Equipment Market size, which was USD 8640 Million in 2024, is projected to attain USD 11,922.70 Million by 2033.
The market is expected to register a CAGR of 3.60% over the period 2025–2033.
In 2024, Pumps & Compressors emerged as the dominant By Equipment based on market size.
Boilers is projected to register the fastest growth, positioning it as the most attractive By Equipment segment over the forecast horizon.

North America Industrial Equipment Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

North America represented 34.56% of the global Industrial Equipment Market size in 2024.
By 2033, United States is estimated to hold the largest position in the global market in terms of size.
United States is estimated to remain the fastest-growing market in North America, advancing to USD 30555.21 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 8640 Million
Market Size In 2033	USD 11,922.70 Million
Largest segment	Pumps & Compressors
Units	Revenue in USD Million
CAGR	3.60% (2025-2033)
Segmnetation Covered
North America	United States Canada
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

North America Industrial Equipment Market Country 2025-2033 (USD Million)

North America	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
United States	XX.x	XX.x	XX.x	6593.18	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Canada	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.

North America 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	3939.84	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.

North America 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	4234.46	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.