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The Global Industrial Machinery Manufacturing Market Is Valued At $116 Billion By 2017 According To TBRCÂ’s Latest Report


(EuropeNewsWire.Net, June 29, 2018 ) The industrial machinery manufacturing market industry comprises of establishments primarily involved in manufacturing industrial machinery such as food and beverage manufacturing machinery, semiconductor manufacturing machinery, sawmill and woodworking machinery (except handheld), machinery for making paper and paper products, printing and binding machinery and equipment, textile making machinery, and machinery for making plastics and rubber products.

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The market is valued at $116 billion in 2017 due to continued industrialization and automation worldwide.

The industrial machinery manufacturing market in The Business Research Company’s report is segmented into five segments, namely sawmill, woodworking, and paper machinery manufacturing segment; other industrial machinery manufacturing, printing machinery and equipment manufacturing; semiconductor machinery manufacturing and food product machinery manufacturing. While the first and second segment accounts for more than half of the market share, the remaining share is attributed to the other three segments.

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The USA was the largest country in the industrial machinery manufacturing market in 2017, accounting for more than one-fourth of the market share. This was mainly due to large scale demand for electronic goods which led to rise in demand for semiconductor equipment by the manufacturers in the USA. The USA was followed by China, Germany and Italy as the next largest countries in the market.

Tetra Laval International S.A. was the largest company in the industrial machinery manufacturing market, followed by Applied Materials, Inc. and Lam Research Corp. Tetra Laval International S.A. is engaged in the design, manufacture, and marketing of equipment and technologies for production, processing and packaging of food products. Tetra Laval International S.A. was founded in 1994 and is headquartered in Pully, Switzerland.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293


The Business Research Company

Marketing TBRC

+91 8897263534

Source: EmailWire.Com
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