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The industrial machinery remanufacturing market is forecasted to grow by USD 895.8 billion during 2024-2029, accelerating at a CAGR of 25.5% during the forecast period. The report on the industrial machinery remanufacturing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for increasing asset utilization in manufacturing industries, growing demand for customization in industrial machinery, and increasing demand for industrial machinery for optimization of costs at service level.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The industrial machinery remanufacturing market is segmented as below:
By Application
- Automotive
- Defense
- Food and beverage
- Aerospace
- Others
By End-user
- OEM
- Aftermarket
By Product
- Repair and replacement
- Disassembly and cleaning
- Inspection and testing
- Reassembly and upgrading
By Type
- Heavy industrial equipment
- Construction machinery
- Agricultural machinery
- Mining equipment
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the industrial machinery remanufacturing market covers the following areas:
- Industrial Machinery Remanufacturing Market sizing
- Industrial Machinery Remanufacturing Market forecast
- Industrial Machinery Remanufacturing Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by End-user
10 Market Segmentation by Product
11 Market Segmentation by Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial machinery remanufacturing market: ABB Ltd., Advanced Machine and Engineering Co., Akron Gear and Engineering, Andritz AG, Astro Machine Works Inc., Bardons and Oliver Inc., Bourn and Koch Inc., Caterpillar Inc., CNH Industrial NV, Deere and Co., Elmas SRL, EMI Equipment Manufacturers International Inc, Exline Inc., Grand Rapids Machine Repair Inc., Innovative Machine Solutions, JTEKT Corp., L and H Industrial Inc., Lee Industrial Contracting, Machine Tool Research Inc., and Pamco Machine Works Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising adoption of repair and remanufacturing for industrial machinery."
According to the report, one of the major drivers for this market is the rising demand for increasing asset utilization in manufacturing industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advanced Machine and Engineering Co.
- Akron Gear and Engineering
- Andritz AG
- Astro Machine Works Inc.
- Bardons and Oliver Inc.
- Bourn and Koch Inc.
- Caterpillar Inc.
- CNH Industrial NV
- Deere and Co.
- Elmas SRL
- EMI Equipment Manufacturers International Inc
- Exline Inc.
- Grand Rapids Machine Repair Inc.
- Innovative Machine Solutions
- JTEKT Corp.
- L and H Industrial Inc.
- Lee Industrial Contracting
- Machine Tool Research Inc.
- Pamco Machine Works Inc.
