Brazil Equipment As A Service Market Size & Outlook
Brazil equipment as a service market, 2018-2030 (US$M)
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Brazil equipment as a service market highlights
- The Brazil equipment as a service market generated a revenue of USD 72.6 million in 2023 and is expected to reach USD 1,204.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 49.4% from 2024 to 2030.
- In terms of segment, laser cutting machines was the largest revenue generating equipment in 2023.
- CNC machines is the most lucrative equipment segment registering the fastest growth during the forecast period.
Equipment as a service market data book summary
| Market revenue in 2023 | USD 72.6 million |
| Market revenue in 2030 | USD 1,204.2 million |
| Growth rate | 49.4% (CAGR from 2023 to 2030) |
| Largest segment | Laser cutting machines |
| Fastest growing segment | CNC machines |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
| Key market players worldwide | Atlas Copco AB ADR, Heidelberger Druckmaschinen AG, Desktop Metal Inc Ordinary Shares - Class A, Siemens AG, Dmg Mori Co Ltd, Hilti Group, Metso Corp, TRUMPF, Kaeser Kompressoren, SMS Group, Arnold Machine Inc., Uteco Converting, Volvo AB Class B, Maschinenfabrik HEID, Sk Laser, Tamturbo |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.8% of the global equipment as a service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil equipment as a service market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,204.2 million by 2030.
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Equipment As A Service Market Scope
Equipment As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 15.43% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil is the 10th largest economy in the world, and the growth of key sectors in the country, including agriculture, manufacturing, technology, and service, is expected to drive development in the country.
Energy industry in Brazil is a significant contributor to the economy as it is one of the top 10 oil producers in the world. The country has a capacity of about 84% in the generation of renewable wind energy, which is significantly high compared to the world average of 38%.
Investments by various government and private institutes and policy reforms aiming at strengthening economic activities in the country can further help in the expansion of the market.
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Target buyers of Brazil equipment as a service market databook
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Our clientele includes a mix of equipment as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Brazil equipment as a service market , including forecasts for subscribers. This country databook contains high-level insights into Brazil equipment as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil equipment as a service market size, by equipment, 2018-2030 (US$M)
Brazil Equipment As A Service Market Outlook Share, 2023 & 2030 (US$M)
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