Industrial Machinery Market size forecast to grow at a CAGR of over 6% from 2015 to 2023

1
Industrial Machinery Market size to grow at a
CAGR of over 6 from 2015 to 2023 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Industrial Machinery Market

• Germany industrial machinery market size was
  valued at USD 734.92 billion in 2014 and it is
  estimated to witness significant growth owing to
  its highly industrialized environment.
• Brazil is forecast to exhibit 1 growth owing to
  high labour costs, inadequate infrastructure and
  less private investments in the region.
• India industrial machinery market size is likely
  to grow at significant gains over the forecast
  period. The spur in the region can be attributed
  to favourable climatic conditions and policy
  improvements.
• The U.S. industrial machinery market size is
  anticipated to drop due to low mining activities
  and limitation in the utility industries.

3
Application Analysis of Industrial Machinery
Market

• The industry is estimated to be driven by number
  of factors such as rising global demand for cars,
  which is likely to surge the spending on robotics
  as well as tools in automotive sector.
• The global industrial machinery market is
  anticipated to experience huge growth owing to
  rising investment in sustainable packaging market
  which requires less input material and generates
  less waste.
• Growing sanitation and nutritional awareness are
  expected to positively impact food and packaging
  sector over the forecast period which in turn,
  provides growth avenues for the global industrial
  machinery market. In addition, rising standard of
  living is also anticipated to fuel the food and
  packaging sector.

4
Competitive Market Share of Industrial Machinery
Market

• Key companies in industrial machinery market
  share offer variety of machinery solutions in
  construction, agriculture, manufacturing and
  energy and mining sectors.
• The major companies are Caterpillar Inc. and
  Deere Company. Caterpillar Inc. operates in
  numerous sectors such as construction, mining
  equipment, diesel natural gas engines along
  with industrial gas turbines.
• Other industry players encapsulate Astec
  Industries, Inc., Terex Corp., The Manitowoc
  Company, Inc., Illinois Tool Works, Inc. and
  Lincoln Electric Holdings Inc. among others.

5

Browse Full Market Research Report On Industrial
Machinery Market _at_ http//goo.gl/n3RW64 Reques
t for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/277
6
Stay In Touch Website www.gminsights.com Soci
al Media