General purpose equipment: A €306B global business opportunity by 2030. Let’s dive into it! This is part 2 of our series, where we explore the Greentech, Machinery & Automation landscape. What is general purpose equipment? General purpose equipment includes a comprehensive range of tools and machinery. For example, forklifts & industrial trucks, cranes, power tools, measuring & testing equipment and hand tools Key stats: 📊 Market value (2023): ~ $243B, $306B expected by 2030 📈 Growth (CAGR): ~ 3-4% until 2030 💹 EBIT margin: ~ 8-10% expected by 2030 Footprint: 🌍 ~ 40% in Asia, ~ 30% in Europe and ~ 30 % in North America with Asia and North America growing while Europe declining through 2030 due to slower economic growth, stricter regulations, and increased competition from Asian manufacturers offering more cost-effective solutions. Trends and risks: 📈 Robotics and focus on ergonomic and customized design ⚠️ Intense price wars, import restrictions and trade uncertainties Industry dynamics: 🔗 Consolidation among major players to achieve economies of scale 🛠️ Increasing focus on aftermarket services and digital solutions 🌿 Shift towards more sustainable and energy-efficient equipment 🌍 Growing demand from emerging markets driving global expansion Top segment: 🧪 Measuring and testing equipment with ~ $40B market size in 2023, ~ 15% EBIT margin and ~ 7% growth expected through 2030. M&T equipment is a highly fragmented market with companies like Amatek, Thermo Fisher or Carl Zeiss leading in some of the distinctive niches. The large share of the market is filled with highly specialized players serving only one vertical or specializing in a distinctive measurement technology. Stay tuned for Part 3 on instruments & sub-systems! Would you like to discuss some of those markets? Reach out to Jonathan Brown and Sebastian Heimbach any time. #IndustrialGoods #Greentech #Machinery #Automation #BCGInsights
Bernhard Martin Siegert’s Post
More Relevant Posts
-
General purpose equipment: A €306B global business opportunity by 2030. Let’s dive into it! This is part 2 of our series, where we explore the Greentech, Machinery & Automation landscape. What is general purpose equipment? General purpose equipment includes a comprehensive range of tools and machinery. For example, forklifts & industrial trucks, cranes, power tools, measuring & testing equipment and hand tools Key stats: 📊 Market value (2023): ~ $243B, $306B expected by 2030 📈 Growth (CAGR): ~ 3-4% until 2030 💹 EBIT margin: ~ 8-10% expected by 2030 Footprint: 🌍 ~ 40% in Asia, ~ 30% in Europe and ~ 30 % in North America with Asia and North America growing while Europe declining through 2030 due to slower economic growth, stricter regulations, and increased competition from Asian manufacturers offering more cost-effective solutions. Trends and risks: 📈 Robotics and focus on ergonomic and customized design ⚠️ Intense price wars, import restrictions and trade uncertainties Industry dynamics: 🔗 Consolidation among major players to achieve economies of scale 🛠️ Increasing focus on aftermarket services and digital solutions 🌿 Shift towards more sustainable and energy-efficient equipment 🌍 Growing demand from emerging markets driving global expansion Top segment: 🧪 Measuring and testing equipment with ~ $40B market size in 2023, ~ 15% EBIT margin and ~ 7% growth expected through 2030. M&T equipment is a highly fragmented market with companies like Amatek, Thermo Fisher or Carl Zeiss leading in some of the distinctive niches. The large share of the market is filled with highly specialized players serving only one vertical or specializing in a distinctive measurement technology. Stay tuned for Part 3 on instruments & sub-systems! Would you like to discuss some of those markets? Reach out to Jonathan Brown and Sebastian Heimbach any time. #IndustrialGoods #Greentech #Machinery #Automation #BCGInsights
To view or add a comment, sign in
-
General purpose equipment: A €306B global business opportunity by 2030. Let’s dive into it! This is part 2 of our series, where we explore the Greentech, Machinery & Automation landscape. What is general purpose equipment? General purpose equipment includes a comprehensive range of tools and machinery. For example, forklifts & industrial trucks, cranes, power tools, measuring & testing equipment and hand tools. Key stats: 📊 Market value (2023): ~ $243B, $306B expected by 2030 📈 Growth (CAGR): ~ 3-4% until 2030 💹 EBIT margin: ~ 8-10% expected by 2030 Footprint: 🌍 ~ 40% in Asia, ~ 30% in Europe and ~ 30 % in North America with Asia and North America growing while Europe declining through 2030 due to slower economic growth, stricter regulations, and increased competition from Asian manufacturers offering more cost-effective solutions. Trends and risks: 📈 Robotics and focus on ergonomic and customized design ⚠️ Intense price wars, import restrictions and trade uncertainties Industry dynamics: 🔗 Consolidation among major players to achieve economies of scale 🛠️ Increasing focus on aftermarket services and digital solutions 🌿 Shift towards more sustainable and energy-efficient equipment 🌍 Growing demand from emerging markets driving global expansion Top segment: 🧪 Measuring and testing equipment with ~ $40B market size in 2023, ~ 15% EBIT margin and ~ 7% growth expected through 2030. M&T equipment is a highly fragmented market with companies like Amatek, Thermo Fisher or Carl Zeiss leading in some of the distinctive niches. The large share of the market is filled with highly specialized players serving only one vertical or specializing in a distinctive measurement technology. Stay tuned for Part 3 on instruments & sub-systems! Would you like to discuss some of those markets? Reach out to Jonathan Brown and Sebastian Heimbach any time. #IndustrialGoods #Greentech #Machinery #Automation #BCGInsights
To view or add a comment, sign in
-
General purpose equipment: A €306B global business opportunity by 2030. Let’s dive into it! This is part 2 of our series, where we explore the Greentech, Machinery & Automation landscape. What is general purpose equipment? General purpose equipment includes a comprehensive range of tools and machinery. For example, forklifts & industrial trucks, cranes, power tools, measuring & testing equipment and hand tools Key stats: 📊 Market value (2023): ~ $243B, $306B expected by 2030 📈 Growth (CAGR): ~ 3-4% until 2030 💹 EBIT margin: ~ 8-10% expected by 2030 Footprint: 🌍 ~ 40% in Asia, ~ 30% in Europe and ~ 30 % in North America with Asia and North America growing while Europe declining through 2030 due to slower economic growth, stricter regulations, and increased competition from Asian manufacturers offering more cost-effective solutions. Trends and risks: 📈 Robotics and focus on ergonomic and customized design ⚠️ Intense price wars, import restrictions and trade uncertainties Industry dynamics: 🔗 Consolidation among major players to achieve economies of scale 🛠️ Increasing focus on aftermarket services and digital solutions 🌿 Shift towards more sustainable and energy-efficient equipment 🌍 Growing demand from emerging markets driving global expansion Top segment: 🧪 Measuring and testing equipment with ~ $40B market size in 2023, ~ 15% EBIT margin and ~ 7% growth expected through 2030. M&T equipment is a highly fragmented market with companies like Amatek, Thermo Fisher or Carl Zeiss leading in some of the distinctive niches. The large share of the market is filled with highly specialized players serving only one vertical or specializing in a distinctive measurement technology. Stay tuned for Part 3 on instruments & sub-systems! Would you like to discuss some of those markets? Reach out to @Jonathan Brown and @Sebastian Heimbach any time. #IndustrialGoods #Greentech #Machinery #Automation #BCGInsights
To view or add a comment, sign in
-
General purpose equipment: A €306B global business opportunity by 2030. Let’s dive into it! This is part 2 of our series, where we explore the Greentech, Machinery & Automation landscape. What is general purpose equipment? General purpose equipment includes a comprehensive range of tools and machinery. For example, forklifts & industrial trucks, cranes, power tools, measuring & testing equipment and hand tools Key stats: 📊 Market value (2023): ~ $243B, $306B expected by 2030 📈 Growth (CAGR): ~ 3-4% until 2030 💹 EBIT margin: ~ 8-10% expected by 2030 Footprint: 🌍 ~ 40% in Asia, ~ 30% in Europe and ~ 30 % in North America with Asia and North America growing while Europe declining through 2030 due to slower economic growth, stricter regulations, and increased competition from Asian manufacturers offering more cost-effective solutions. Trends and risks: 📈 Robotics and focus on ergonomic and customized design ⚠️ Intense price wars, import restrictions and trade uncertainties Industry dynamics: 🔗 Consolidation among major players to achieve economies of scale 🛠️ Increasing focus on aftermarket services and digital solutions 🌿 Shift towards more sustainable and energy-efficient equipment 🌍 Growing demand from emerging markets driving global expansion Top segment: 🧪 Measuring and testing equipment with ~ $40B market size in 2023, ~ 15% EBIT margin and ~ 7% growth expected through 2030. M&T equipment is a highly fragmented market with companies like Amatek, Thermo Fisher or Carl Zeiss leading in some of the distinctive niches. The large share of the market is filled with highly specialized players serving only one vertical or specializing in a distinctive measurement technology. Stay tuned for Part 3 on instruments & sub-systems! Would you like to discuss some of those markets? Reach out to @Jonathan Brown and @Sebastian Heimbach any time. #IndustrialGoods #Greentech #Machinery #Automation #BCGInsights
To view or add a comment, sign in
-
Part Ⅱ. General Purpose Equipment: A $306B Global Business Opportunity by 2030! General purpose equipment, including forklifts, cranes, power tools, and measuring & testing equipment, is set to grow from $243B in 2023 to $306B by 2030 with a 3-4% CAGR. 🌍 The industry's footprint is shifting: ~ 40% in Asia, ~ 30% in Europe, and ~ 30% in North America, with Asia and North America growing while Europe declines due to slower economic growth and increased competition from cost-effective Asian manufacturers. Key trends include robotics, ergonomic design, and customization, though price wars and trade uncertainties pose risks. Key Stats: 📊 Market value (2023): ~ $243B; ~ $306B expected by 2030 📈 Growth (CAGR): ~ 3-4% until 2030 💹 EBIT margin: ~ 8-10% expected by 2030 Next, we will delve into the dynamics of Instruments & Sub-systems. For further insights, connect with Jonathan Brown and Sebastian Heimbach. #IndustrialGoods #Greentech #Machinery #Automation #BCGInsights
To view or add a comment, sign in
-
IndustryARC™ prepared new research report on 𝐖𝐞𝐥𝐝𝐢𝐧𝐠 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 size is forecast to reach US$23.1 billion by 2030, after growing at a CAGR of 5.9% during 2024-2030. 👉 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 @ https://lnkd.in/gyy2Pr6t 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 ▪ 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐟𝐨𝐜𝐮𝐬 𝐨𝐧 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲: The increasing focus on #sustainability is driving the demand for #energy efficient #welding #equipment #manufacturers are developing new equipment that consumes less energy and produces fewer emissions. ▪ 𝐑𝐢𝐬𝐢𝐧𝐠 𝐝𝐢𝐬𝐩𝐨𝐬𝐚𝐛𝐥𝐞 𝐢𝐧𝐜𝐨𝐦𝐞: Rising disposable income in developing #economies is leading to increased spending on infrastructure and #consumers goods, which ultimately drives the demand for welding equipment. ▪ 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐞𝐜𝐭𝐨𝐫: The #automotive industry's expansion, driven by factors like increasing vehicle production, #technological advancements, and the shift towards #electric vehicles, stimulates demand for welding equipment for manufacturing processes. 👉 𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 @ https://lnkd.in/g43tFeex 𝐓𝐨𝐩 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Lincoln Electric | ESAB | Miller Electric Mfg. LLC | Fronius International | Air Liquide | KOBE STEEL LTD | Ador Welding Ltd. | Panasonic Industry Europe | voestalpine Böhler Welding | Denyo United Machinery Pte Ltd | OTC DAIHEN, Inc. | Hyperthermics | Rilon Machinery | Messer Americas | Kemppi
To view or add a comment, sign in
-
Cable Straightening Machine Market 2024-2032: Global Research Report. Request for Sample Copy: https://lnkd.in/g_TbkCM4 As a Market Research Analyst with over 10 years of experience, I'm excited to present our comprehensive report on the Cable Straightening Machine Market. This market is expected to grow significantly from 2023 to 2032, driven by advancements in automation, and increasing industrial demands. Valued at USD 680 million in 2023, the market is projected to reach USD 1.2 billion by 2032, growing at a CAGR of 6.5%. Our report delivers both qualitative and quantitative insights into the Cable Straightening Machine Market, providing a deep analysis of manufacturers, market types, applications, and regions. It includes an in-depth study of regional markets, segmenting them by production and consumption trends, market dynamics, and key influencing factors. The report provides detailed profiles of major companies, product innovations, and market share estimates for the leading competitors in 2024. Our analysis includes a focus on trends, growth opportunities, and competitive intelligence to help businesses target specific market niches and achieve sustainable growth. Segment-wise growth forecasts for consumption value are presented for 2024-2032, allowing businesses to identify and target high-potential opportunities in the Cable Straightening Machine Market for expansion. To Know Global Scope and Demand of Cable Straightening Machine. Request for Sample Copy: https://lnkd.in/g_TbkCM4 By Type: Automatic Cable Straightening Machines Manual Cable Straightening Machines By Application: Construction Automotive Aerospace Energy and Power By Region: North America Europe Asia-Pacific South America Middle East & Africa Key Players: Schleuniger Global, Baumer, Milacron, Machtronic. Wszelkie, Rockford Manufacturing Group (RMG), Ridgway Machines Ltd, Metform International, Bluco Corporation, Benincà Group, High Tech Machine Co., Ino Machinery, Hi-Tech Machines #cablemachinery #industrialautomation #machinerymarket #marketresearch #engineering #automotiveindustry #energysector #powerindustry #manufacturing #cablemachines #technology #growthopportunities #marketanalysis #businessinsights #automation #cablestretching #industrialmachinery #futuretrends #regionalanalysis #marketgrowth
To view or add a comment, sign in
-
Cable Straightening Machine Market 2024-2032: Global Research Report. Request for Sample Copy: https://lnkd.in/g_TbkCM4 As a Market Research Analyst with over 10 years of experience, I'm excited to present our comprehensive report on the Cable Straightening Machine Market. This market is expected to grow significantly from 2023 to 2032, driven by advancements in automation, and increasing industrial demands. Valued at USD 680 million in 2023, the market is projected to reach USD 1.2 billion by 2032, growing at a CAGR of 6.5%. Our report delivers both qualitative and quantitative insights into the Cable Straightening Machine Market, providing a deep analysis of manufacturers, market types, applications, and regions. It includes an in-depth study of regional markets, segmenting them by production and consumption trends, market dynamics, and key influencing factors. The report provides detailed profiles of major companies, product innovations, and market share estimates for the leading competitors in 2024. Our analysis includes a focus on trends, growth opportunities, and competitive intelligence to help businesses target specific market niches and achieve sustainable growth. Segment-wise growth forecasts for consumption value are presented for 2024-2032, allowing businesses to identify and target high-potential opportunities in the Cable Straightening Machine Market for expansion. To Know Global Scope and Demand of Cable Straightening Machine. Request for Sample Copy: https://lnkd.in/g_TbkCM4 By Type: Automatic Cable Straightening Machines Manual Cable Straightening Machines By Application: Construction Automotive Aerospace Energy and Power By Region: North America Europe Asia-Pacific South America Middle East & Africa Key Players: Schleuniger Global, Baumer, Milacron, Machtronic. Wszelkie, Rockford Manufacturing Group (RMG), Ridgway Machines Ltd, Metform International, Bluco Corporation, Benincà Group, High Tech Machine Co., Ino Machinery, Hi-Tech Machines #cablemachinery #industrialautomation #machinerymarket #marketresearch #engineering #automotiveindustry #energysector #powerindustry #manufacturing #cablemachines #technology #growthopportunities #marketanalysis #businessinsights #automation #cablestretching #industrialmachinery #futuretrends #regionalanalysis #marketgrowth
To view or add a comment, sign in
-
Magnetic Levitation Flexible Conveying System Market 2024-2032: Global Research Report. Request for Sample Copy: https://lnkd.in/gWuM2Bdj As a Market Research Analyst with 10 years of experience in the Machinery & Equipment sector, I'm excited to share our comprehensive report on the Magnetic Levitation Flexible Conveying System Market. This market is anticipated to witness significant growth, with an estimated valuation of $5.7 billion in 2023 and projected to reach $10.2 billion by 2032, showcasing a robust CAGR of 7.3% during the forecast period. Our report delves deep into both quantitative and qualitative aspects of the market, examining manufacturers, regional analysis, types, and applications. We provide insightful company profiles, product examples, and market share estimates for leading competitors in 2024. Segment-wise growth calculations and forecasts for consumption value are presented for the period 2024-2032, aiding businesses in targeting specific and lucrative market niches for expansion of the Magnetic Levitation Flexible Conveying System Market. To Know Global Scope and Demand of Magnetic Levitation Flexible Conveying System. Request for Sample Copy: https://lnkd.in/gWuM2Bdj By Type: Standard Magnetic Conveyors, Advanced Magnetic Systems, Modular Magnetic Conveyors By Applications: Automotive, Electronics, Food & Beverage, Pharmaceuticals, Warehousing By Regions: North America, Europe, Asia-Pacific, South America, Middle East & Africa By Key Players: Siemens, thyssenkrupp, Festo AG & Co. KG, BEUMER Group, JBT Corporation, Daifuku, Honeywell, Mitsubishi Electric, Hytrol, Vanderlande, TGW Logistics Group, KUKA, Swisslog Holding AG, Cimcorp Automation Ltd, Interroll Group, Fives, Ishida Europe Ltd, Armstrong Dematic, Groupe SEB, APEX Dynamics, Omron Automation, DHL, Beckhoff Automation, Komatsu #magneticlevitation #flexibleconveying #machinery #automation #supplychain #logistics #marketresearch #industrialautomation #cagr #technology #conveyingsystems #manufacturing #innovation #industrial #transportation #futureofwork #conveyor #automationtechnology #supplychainmanagement #marketgrowth
To view or add a comment, sign in
-
Magnetic Levitation Flexible Conveying System Market 2024-2032: Global Research Report. Request for Sample Copy: https://lnkd.in/gWuM2Bdj As a Market Research Analyst with 10 years of experience in the Machinery & Equipment sector, I'm excited to share our comprehensive report on the Magnetic Levitation Flexible Conveying System Market. This market is anticipated to witness significant growth, with an estimated valuation of $5.7 billion in 2023 and projected to reach $10.2 billion by 2032, showcasing a robust CAGR of 7.3% during the forecast period. Our report delves deep into both quantitative and qualitative aspects of the market, examining manufacturers, regional analysis, types, and applications. We provide insightful company profiles, product examples, and market share estimates for leading competitors in 2024. Segment-wise growth calculations and forecasts for consumption value are presented for the period 2024-2032, aiding businesses in targeting specific and lucrative market niches for expansion of the Magnetic Levitation Flexible Conveying System Market. To Know Global Scope and Demand of Magnetic Levitation Flexible Conveying System. Request for Sample Copy: https://lnkd.in/gWuM2Bdj By Type: Standard Magnetic Conveyors, Advanced Magnetic Systems, Modular Magnetic Conveyors By Applications: Automotive, Electronics, Food & Beverage, Pharmaceuticals, Warehousing By Regions: North America, Europe, Asia-Pacific, South America, Middle East & Africa By Key Players: Siemens, thyssenkrupp, Festo AG & Co. KG, BEUMER Group, JBT Corporation, Daifuku, Honeywell, Mitsubishi Electric, Hytrol, Vanderlande, TGW Logistics Group, KUKA, Swisslog Holding AG, Cimcorp Automation Ltd, Interroll Group, Fives, Ishida Europe Ltd, Armstrong Dematic, Groupe SEB, APEX Dynamics, Omron Automation, DHL, Beckhoff Automation, Komatsu #magneticlevitation #flexibleconveying #machinery #automation #supplychain #logistics #marketresearch #industrialautomation #cagr #technology #conveyingsystems #manufacturing #innovation #industrial #transportation #futureofwork #conveyor #automationtechnology #supplychainmanagement #marketgrowth
To view or add a comment, sign in
I craft practical systems and solutions for Projects | Inspired by My Father’s Vision | Let’s connect 🤝
5moInsightful! ✔️ Though I had a question about Trends and Risk - For General purpose equipment, what data points are showing import restrictions and trade uncertainties are risk for this sector? Ideally the policy makers don’t care , as the technology theft or IP theft risk is nil.