Engineering equipment and devices market can be categorized into heavy engineering and light engineering segments. Heavy engineering includes equipments and capital machinery/goods, and transport equipments. Different industrial segments which may form a part of heavy engineering include sugar machinery, cement machinery, metallurgical machinery, rubber machinery, mining machinery, dairy machinery, machine tool and material handling equipments.
There have been several important trends in the industrial equipment sector over the years. Replacement needs for the equipments due to aging have been a key factor for equipment acquisition. The organizations are looking to increase their operational efficiencies and reduce cost while developing innovative technologies. Investment in equipments for agriculture, medical, computer and software and transportation equipments have shown a positive growth over the past few years. Construction equipments for housing sector have also shown a fast growth with fast urbanization and industrial growth in emerging economies.
Industrial equipment companies are finding new ways to maintain and acquire their leading edge. Collaborating with other equipment companies is the key to success. The companies are working very closely with the customers as strategic partners. They supply highly specialized services and products to different commercial markets. The rise of emerging nations within the industrial equipment sector has created new challenges and opportunities. These markets are becoming the key focus areas for industrial equipments. Regions such as China, Brazil, India, Mexico are emerging as growing markets for industrial equipments arena. Major changes are going on in the industrial equipment market. There is a huge demand for green technologies owing to more stringent government regulations. The manufacturers are focusing intensely on the development of energy-efficient technologies and machinery in order to grow.
Heavy engineering has gained importance over the time as it supports the production of high value products such as automotive parts, heavy electrical, heavy machine and engineering tools. Huge capital investment is required; hence big market players play a vital role in this industry. Heavy engineering helps in providing products to almost every major industry/end-user. Heavy equipments, sometimes referred as heavy-duty vehicles are designed for the execution of construction tasks. They are also referred as heavy trucks, heavy machines, heavy hydraulics, etc.
The machinery industry is directly correlated to the increase in the economic activities which increase industrial products demand. This develops market for novel and advanced machineries. Some of the major end markets which may fall under machinery industry include mining, construction, agriculture and energy.
MarketsandMarkets reports on industrial equipments market provide intensive market data and detailed analysis on fast emerging industrial equipments segments, while giving a holistic picture about the market and analyzing the sub segments in details. Industrial equipments analysts continuously analyze and study the industry trends in the high growth regional markets. We have displayed our expertise by partnering with Fortune 500 clients to provide tailor-made consulting projects within client’s product portfolio.
Our report expertise includes assessing new market opportunities & market sizing, identifying key growth drivers and restraints, opportunities to seize and winning business strategies. We have also expertise in sustainability analysis, price trends & forecasting. There is a dedicated team for company profiles and competitive landscape on an on-going basis. All our reports cover major geographies like North America, Europe, Asia Pacific (includes Japan) and emerging economies in Asia and Latin America. Our research team makes comprehensive reports on its own and also in collaboration with subject matter experts. We have access to industry recognized secondary databases which helps us to give accurate and authentic information about industry trends.
Some of report topics are Cryogenic Equipment Market and Metering Pump Market. All of our reports capture in-depth strategic insights on crucial topics which helps our clients make their informed decisions.
To know more about our offerings in energy space, contact us
  see less
Engineering equipment and devices market can be categorized into heavy engineering and light engineering segments. Heavy engineering includes equipments and capital machinery/goods, and transport equipments. Different industrial segments which may fo ....see more
The Middle East & Africa industrial gearbox market is projected to grow from USD 2.23 billion in 2025 to USD 2.68 billion by 2030, registering a CAGR of 3.8% during the forecast period. Major industry players in the Middle East & Africa industrial gearbox market are Siemens (Germany), Flender (Germany), SEW-EURODRIVE (Germany), Bonfiglioli (Italy), and Sumitomo Drive Technologies (Japan). These players strategically use product development, geographic expansion, alliances, and mergers to expand their market share and respond to the growing demand in the region for high-performance gearbox solutions. With MEA experiencing high growth in industries such as oil & gas, mining, cement, water treatment, and power generation, top companies are investing in creating energy-efficient, long-lasting, and application-specific gearboxes that provide maximum torque transmission under extreme operating conditions. Companies are also emphasizing modular and customized gear solutions designed to suit varied industrial environments in countries like Saudi Arabia, UAE, Egypt, and South Africa.
The global eFuse market is expected to estimated USD 557.0 million in 2024 to USD 737.4 million in 2030, at a CAGR of 4.9% during the forecast period. Some of the major players in the eFuse market are Littelfuse, Inc. (US), TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan), Semiconductor Components Industries, LLC (US), and Texas Instruments Incorporated. (US), and Alpha and Omega Semiconductor. (US). The major strategies adopted by these players include acquisitions, product launches, agreements, partnerships, and expansions.
The MEA variable frequency drive market is projected to reach USD 1.29 billion by 2030 from an estimated USD 0.98 billion in 2025, at a CAGR of 5.6% during the forecast period. The report profiles key players such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US).
The cryogenic valve assembly market is projected to reach USD 7.21 billion by 2029 at a CAGR of 8.3% during the forecast period. Some of the prominent players in the cryogenic valve assembly market are PARKER HANNIFIN CORP (US), Emerson Electric Co. (US), Flowserve Corporation (US), Bray International (US), Valmet (Finland), and Crane Company (US), L&T Valves Limited (India), KITZ Corporation (Japan), and Baker Hughes (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The Screw Compressor market is projected to reach USD 16.30 billion by 2030, at a CAGR of 5.0% during the forecast period. The report profiles key players such as Atlas Copco AB (Sweden), Ingersoll Rand (US), Hitachi, Ltd (Japan), and ELGi (India).
The engine market is projected to reach USD 477.89 billion by 2029, at a CAGR of 4.8% during the forecast period. The report profiles key players such as Caterpillar (US), Cummins Inc. (US), General Electric Company (US), RTX (US), General Motors (US), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries, Ltd. (Japan), Honeywell International Inc. (US), AB Volvo (Sweden), Scania (Sweden).
The plastic hot and cold pipe market is projected to reach USD 9.96 billion by 2029, at a CAGR of 6.6% during the forecast period. The report profiles key players such as Georg Fischer Ltd. (Switzerland), Genuit Group (UK), Wienerberger (Austria), Advanced Drainage Systems (US), Aliaxis (Belgium), RWC. (Australia), RIFENG Enterprise Group Co., Ltd. (China), supreme.co.in (India), Chevron Philips Chemical Company LLC. (US), REHAU (Switzerland).
The bulk filtration market is projected to reach USD 18.76 billion by 2030 at the CAGR of 5.5% during the forecast period. Some of the major players in the bulk filtration market are Parker Hannifin Corp (US), Donaldson Company, Inc. (US), Filtration Group (US), MANN+HUMMEL (US), Eaton (Ireland) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The air starter market is projected to reach USD 559 million by 2029, at a CAGR of 4.5% during the forecast period. Some of the major players in the Air Starter market are Ingersoll Rand (US), Caterpillar (US), Rheinmetall AG (Germany), Honeywell International Inc. (US), TLD (France), Maradyne (US), SPICO (South Korea), JetAll (US), Guinalt (France), MASCO (US), KH Equipment (Australia), TDI (US), Hilliard Corporation (US), Textron Specialized vehicles (US) among others. The major strategies adopted by these players include new product launches, joint ventures, collaborations, investments, and expansions.
The global protective relay market is projected to reach USD 3.9 billion by 2030, at a CAGR of 5.7% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the protective relay market. These include ABB (Switzerland), Siemens (Germany), General Electric Company (US), Eaton (Ireland), and Schneider Electric (France). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.
The district cooling market is projected to reach USD 1.3 billion by 2029, at a CAGR of 3.6% during the forecast period. Emirates Central Cooling Systems Corporation PJSC (UAE), Tabreed (UAE), Emicool (UAE), Shinryo Corporation (Japan), LOGSTOR Denmark Holding ApS (Denmark). The companies are majorly following product launches, investments, expansions, contracts, agreements, partnerships, funding, initial public offering, and acquisition as the strategy to grow and expand the market.
The global Air Quality Control Systems Market is projected to reach USD 150.7 billion by 2029, at a CAGR of 7.0% during the forecast period. Some of the major players in the Air Quality Control Systems market are Mitsubishi Heavy Industries (Japan), GE Vernova Inc (US), GEA (Germany), Daikin Industries, Ltd. (Japan) and Donaldson Company, Inc. (US) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global industrial filtration market size is projected to reach USD 47.1 billion by 2029, at a CAGR of 4.9% during the forecast period. Some of the major players in the industrial filtration market are Eaton (US), Danaher (US), Parker - Hannifin (US), 3M (US), Cummins (US). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The Recycling water filtration market size is projected to reach USD 3.8 billion by 2028, at a CAGR of 7.5% during the forecast period. Some of the major players in the recycling water filtration market are Veolia (France), TORAY INDUSTRIES, INC. (Japan), Xylem (US), DuPont (US), and KUBOTA Corporation (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The Shredder Blades market is projected to reach USD 557 million by 2028, at a CAGR of 5.3% during the forecast period. Eurotools Ltd. (Slovenia), Augus Engineering Ltd. (UK), and Mastercut Cutting Systems Ltd. (UK) are some of the companies that manufacture shredder blades.
The global cryogenic equipment market is projected to reach USD 16.6 billion by 2028, it is expected to record a CAGR of 6.9% during the forecast period. Some of the major players in the cryogenic equipment market are including Linde plc (Ireland); Air Liquide (France); Air Products and Chemicals, Inc. (US); Chart Industries (US); Parker Hannifin Corp. (US); Flowserve Corporation (US); Nikkiso Co., Ltd. (Japan); and INOX India Limited (India). The major strategies adopted by these players include contracts, agreements, partnership, collaborations, and expansions.
The global refinery and petrochemical filtration market size is projected to reach USD 6.1 billion by 2028 and it is expected to record a CAGR of 6.0% during the forecast period. Some of the major players in the refinery and petrochemical filtration market are 3M (US), Pall Corporation (US), Parker Hannifin Corporation (US), Eaton (Europe), and Pentair Filtration Solutions, LLC (US). The major strategies adopted by these players include acquisitions, product launches, agreements, alliances, partnerships, and expansions.
The global diesel engines market size is projected to reach USD 78.8 billion by 2028; it is expected to record a CAGR of 4.3% during the forecast period. Some of the major players in the diesel engines market are Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), and MAN Energy Solutions (Germany) to boost their position in the diesel engines market. Companies operating in this market also focus on product launches, agreements, and contracts to increase their market shares and expand their geographic presence.