Report : Europe Industrial Machinery Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Machinery Type (Packaging Machinery, Food Processing Equipment, Plastics Processing Machinery, Metal Forming Machine Tools, and Woodworking Machinery); and Country

Food Processing Equipment Segment to Dominate Europe Industrial Machinery Market during 2020–2027


According to a new market research study Europe Industrial Machinery Market Forecast to 2027 – COVID-19 Impact and Regional Analysis – by Machinery Type,” is expected to reach US$ 79,343.9 million by 2027 from US$ 52,236.9 million in 2019. The market is estimated to grow at a CAGR of 6.20% from 2020 to 2027. The report provides trends prevailing in the Europe Industrial Machinery market along with the drivers and restraints pertaining to the market growth. The Europe region consists of the Germany, France, Poland, Italy, Austria, Turkey, Belgium, the Netherlands, and the rest of Europe. The European continent has many emerging economies, including Germany, France, the United Kingdom, and Italy. 2019 showed promising results for tech investments in Europe, as European tech continues to break records despite the U.K. and E.U. economic slowdowns. Over the past five years, capital invested in European technology has grown by 124 percent, with a 39 percent increase between 2018 and 2019 alone, reaching $34.3 billion in capital investment for 2019. This compares with reductions in investment in both the U.S. and Asian capital between 2018 and 2019. Western Europe is renowned for its improved living conditions, with higher income levels among residents. It is one of the continent's wealthiest regions, with more GDP per capita than the rest.

Europe led the industrial revolution and was home to premium manufacturing. Western Europe is the second-largest producer of machinery in the world after the Asia Pacific. Western Europe is the largest exporter of machinery and a key player in custom and special-purpose machinery in the high-end sector. Brexit and poor future performance in the U.K. are undermining future output growth. However, growth is expected to result in low but positive growth in mid-sized countries such as Austria and the Netherlands, which is expected to result in low but positive machinery output growth for the region over 2018-2027 with increasing demand from developing countries and strong performance of midsized countries. It has lost a considerable share of the emerging markets, however. With Industrial 4.0, the term invented in Germany, building laboratories such as TNOs in the Netherlands, Fraunhofer's in Germany, or Catapults in the U.K., Europe is in a race to capture the possibilities of the Fourth Industrial Revolution. This would help integrate sensors in industrial machinery and household devices, equipping them with operating systems, HMI, and applications for Supervisory Control and Data Acquisition (SCADA).

Europe's market share of industrial machinery will grow at CAGR estimates of 6.20% over the forecast timeline. Strict regulatory standards on many aspects, such as quiet operation, safety, and exhaust emission limitations, play a key role in the introduction of refined machinery. Moreover, when compared to conventional models, it helps to reduce vehicle vibration by about 50 percent. The advent of UAVs (small-unmanned aerial vehicles) such as drones is likely to prove effective in collecting aerial data, as these devices fly below clouds, quickly scan fields, and immediately transmit data. Sensor integration in tractors is likely to prove highly instrumental in the analysis of crops, as these measurements show minimal vulnerability to weather problems and also offer closest and accurate real-time crop evaluations.

In Europe, Italy is the hardest-hit country by the COVID-19 outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe. The pandemic has had varied impact of European countries as selective countries witnessed a surge in number of confirmed cases and subsequently attracted stringent as well as longer lockdown period or social isolation, resulting in disruption of business. For instance, in Italy and Spain, industrial machinery demand declined significantly owing to notable number of positive cases. However, owing to robust healthcare infrastructure, western European countries such as Germany, France, and the UK have witnessed a comparatively moderate decline in their demand for various essential services and products. Lockdowns are expected to negatively impact the market and virtually disrupt the market growth across selected countries during the next few months, as well as potentially in the next few years.


Europe Industrial Machinery Market, By Country, 2019 and 2027 (%) 

Europe Industrial Machinery Market, By Country, 2019 and 2027 (%) 

The Report Segments the Europe Industrial Machinery Market as Follows:


Industrial Machinery Market– By Machinery Type

  • Packaging Machinery
    • Filling Machines
    • Palletizing Machines
    • Labeling Machines
    • Wrapping Machines
    • Others
  • Food Processing Equipment
    • Slicers and Dicers
    • Extruding Equipment
    • Depositors and Mixers
    • Storage and Refrigeration
    • Others
  • Plastics Processing Machinery
    • Injection Molding Machine
    • Blow Molding Machine
    • Extrusion Molding Machine
    • Others
  • Metal Forming Tools
    • Pressure Machine
    • Bending Machine
    • Casting and Punching Machine
    • Others
  • Woodworking Machinery
    • Lathers Machine
    • Grinding Machine
    • Bandsaw
    • Others

Industrial Machinery Market – By Country

  • Germany
  • France
  • Italy
  • Poland
  • Austria
  • Turkey
  • Belgium
  • Netherlands
  • Rest of Europe  
Contact Us
Contact Person: Sameer Joshi 
Phone: +1-646-491-9876
Email Id:    

Download Free PDF Brochure