Market revenue in 2023 | USD 157.0 million |
Market revenue in 2030 | USD 2,927.4 million |
Growth rate | 51.9% (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 |
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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 15.54% in 2023. Horizon Databook has segmented the Germany 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.
Germany has played a key role in building quality infrastructures. The government of the country emphasizes sustainable development using eco-friendly solutions.
Moreover, the large-scale application of equipment as a service model in different industries and the presence of leading providers of this service in Germany, along with various development initiatives undertaken by them, are also anticipated to contribute to the growth of the market in the country in the coming years.
Moreover, the flourishing industries that are key consumers of equipment as a service in the country are further expected to drive the growth of the market in Germany during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany equipment as a service market , including forecasts for subscribers. This country databook contains high-level insights into Germany equipment as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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