Machinery in the United States

Key Highlights

• Machinery market includes agricultural machinery, mining equipment, and construction equipment.
• The US machinery market recorded revenues of $74.32 billion in 2024, representing a compound annual growth rate (CAGR) of 0.6% between 2019 and 2024.
• The construction equipment segment accounted for the market's largest proportion in 2024, with total revenues of $38.89 billion, equivalent to 52.3% of the market's overall value.
• The US accounted for the largest share of 78.9% of the North American machinery market in 2024.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the machinery market in the United States
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the machinery market in the United States
• Leading company profiles reveal details of key machinery market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the United States machinery market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the United States machinery market by value in 2024?
• What will be the size of the United States machinery market in 2029?
• What factors are affecting the strength of competition in the United States machinery market?
• How has the market performed over the last five years?
• Who are the top competitors in the United States's machinery market?