Global Equipment As A Service Market Size & Outlook
Global equipment as a service market, 2018-2030 (US$M)
Related Markets
Global equipment as a service market highlights
- The global equipment as a service market generated a revenue of USD 1,509.1 million in 2023 and is expected to reach USD 27,804.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 51.6% by 2030.
- In terms of segment, laser cutting machines accounted for a revenue of USD 234.9 million in 2023.
- CNC machines is the most lucrative equipment segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,509.1 million |
| Market revenue in 2030 | USD 27,804.4 million |
| Growth rate | 51.6% (CAGR from 2023 to 2030) |
| Largest segment | Laser cutting machines |
| Fastest growing segment | CNC machines |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air Compressor, Pump, Power Tools, Ground Power Units, Laser cutting machines, Printing Machines, CNC machines, Material handling system, Packaging Machine, Excavators, Cranes, Turning and milling machines |
Other key industry trends
- In terms of revenue, the North America accounted for 36.7% of the global equipment as a service market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 1,204.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Equipment As A Service Market Scope
Equipment As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global equipment as a service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to equipment as a service market will help companies and investors design strategic landscapes.
Laser cutting machines was the largest segment with a revenue share of 15.57% in 2023. Horizon Databook has segmented the Global equipment as a service market based on air compressor, pump, power tools, ground power units, laser cutting machines, printing machines, cnc machines, material handling system, packaging machine, excavators, cranes, turning and milling machines covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Equipment As A Service Equipment Outlook (Revenue, USD Million, 2018-2030)
- Air Compressor
- Pump
- Power Tools
- Ground Power Units
- laser cutting machines
- Printing Machines
- CNC machines
- Material handling system
- Packaging Machine
- Excavators
- Cranes
- Turning and milling machines
- Global Equipment As A Service End Use Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Air Compressor
- Pump
- Power Tools
- Ground Power Units
- Excavators
- Cranes
- Material Handling
- Mining
- Air Compressor
- Pump
- Ground Power Units
- Excavators
- Cranes
- Manufactruing
- Air Compressor
- laser cutting machines
- CNC machines
- Turning and milling machines
- Packaging
- Packaging Machine
- Printing Machines
- Construction
- Global Equipment As A Service Financing Models Outlook (Revenue, USD Million, 2018-2030)
- Subscription-Based
- Outcome-Based
Reasons to subscribe to Global equipment as a service market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global equipment as a service market databook
-
Our clientele includes a mix of equipment as a service market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global equipment as a service market , including forecasts for subscribers. This global databook contains high-level insights into Global equipment as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global equipment as a service market size, by regions, 2018-2030 (US$M)
Top 10 countries: Equipment as a service market size, 2023 (US$M)
Global equipment as a service market share, by equipment, 2023 & 2030 (%, US$M)
Equipment as a service market: Opportunity assessment by country
Global equipment as a service market, by region, 2023 (US$M)
| Equipment | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 283.1 | 336.0 | 286.2 | 343.3 | 403.1 | 553.6 | 781.9 | 1,133.9 | 1,662.6 | 2,466.4 | 3,731.0 | 5,909.1 | 9,421.4 | 49.9% |
| Europe | 211.8 | 257.7 | 225.2 | 277.4 | 334.9 | 464.8 | 671.7 | 980.1 | 1,461.9 | 2,224.8 | 3,452.8 | 5,497.2 | 8,862.2 | 52.4% |
| Asia Pacific | 138.9 | 172.3 | 153.5 | 192.7 | 237.1 | 335.9 | 469.8 | 700.7 | 1,066.6 | 1,656.4 | 2,620.6 | 4,251.1 | 6,979.1 | 54.3% |
| Latin America | 46.8 | 57.1 | 50.0 | 61.8 | 74.8 | 103.5 | 146.6 | 207.0 | 305.1 | 441.0 | 670.4 | 1,071.4 | 1,691.8 | 49.1% |
| MEA | 23.7 | 29.6 | 26.5 | 33.5 | 41.3 | 51.4 | 99.7 | 133.0 | 185.2 | 299.1 | 468.6 | 605.8 | 850.0 | 49.3% |
| Overall | 704.3 | 852.6 | 741.4 | 908.6 | 1,091.2 | 1,509.1 | 2,169.6 | 3,154.6 | 4,681.4 | 7,087.7 | 10,943.4 | 17,334.5 | 27,804.4 | 51.6% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
