Capital Equipment

Capital Equipment

The global capital equipment industry, covering manufacturing equipment for sectors like automotive, semiconductor and construction, is projected to reach a significant value of around $160 billion in 2025.

This reflects consistent demand driven by sectors undergoing rapid technological advancement, such as semiconductors and green energy equipment. Key contributors include increased investments in supply chain resilience, automation and the need for advanced materials and machinery in areas like electric vehicles and AI-based applications.

Looking forward to 2032, the industry is expected to continue growing, potentially reaching upwards of $200 billion. Key growth factors include sustained demand for machinery supporting green technologies, as well as increased automation in various manufacturing processes, which requires sophisticated capital equipment to maintain productivity and cost efficiency in manufacturing sectors.

Globally, the capital equipment industry employs millions, with specific figures varying across regional markets due to differences in automation and labor needs. Additionally, the industry faces labor shortages and skills gaps in specialised fields, which contributes to ongoing vacancies as companies seek skilled workers in areas like advanced manufacturing, robotics and supply chain management.

 

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