We expect the market to grow at a CAGR of 5% until 2027, at which time, the revenue will reach $794 billion.
As industrial equipment becomes more complex, the design engineering talent needed at OEMs and the operations/maintenance talent needed at manufacturing plants using the equipment sets the skills bar higher. A new manufacturing workforce highly trained in troubleshooting must be developed- and that requires either a revamped educational system or training partnerships between OEMs and their customers. This is equally true whether the equipment is robotic welders, machine vision, or a fully integrated food processing line.
Geo Strategy Partners has a clear understanding of industrial equipment market segments and serves clients in these segments with customized research and analysis, strategy consulting, and M&A support.
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