Market Overview:
The global commercial and service industry machinery manufacturing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for commercial and service industry machinery from various end-use industries, such as automotive, food and beverage, healthcare, retail, and others. In addition, the growing adoption of advanced technologies in commercial and service industry machinery is also contributing to the growth of this market. Based on type, the global commercial and service industry machinery manufacturing market can be segmented into optical instrument and lens manufacturing, photographic and photocopying equipment manufacturing, commercial and service industry machinery manufacturing (including printing presses), packaging machines (including filling machines), material handling equipment (including forklifts), metalworking machines (including lathes), welding machines (including MIG welders)and others. Among these segments, printing presses are expected to witness highest growth during the forecast period owing to rising demand for printed products from various end-use industries across different regions worldwide.
Product Definition:
Commercial and service industry machinery manufacturing is a critical segment of the industrial economy, providing the equipment necessary for businesses to operate. This sector produces a wide range of machines used in commercial and service industries, from office equipment to construction machinery. The importance of this sector lies in its ability to provide the means for companies to produce or provide services.
Optical Instrument And Lens Manufacturing:
Optical instrument and lens manufacturing is a process of making optical instruments such as microscopes, spectacles, etc. The growth factor in the commercial & service industry machinery manufacturing market is that optical instrument and lens manufacturers are facing huge demand for their products from various sectors such as medical sector, research & development sector, automotive sector among others.
Photographic And Photocopying Equipment Manufacturing:
Photographic And Photocopying Equipment Manufacturing and it's usage in Commercial And Service Industry Machinery Manufacturing is used to make photographs or photocopy from one material object to another with the help of light and a camera. The equipment includes film cameras, digital cameras, scanners, printers, copiers etc.
Application Insights:
The commercial application segment accounted for the largest revenue share of over 60.0% in 2017 and is anticipated to witness significant growth during the forecast period. The growth can be attributed to increasing demand from various sectors such as healthcare, retail, hospitality and transportation among others. In addition, technological advancements coupled with efficient production systems are further expected to drive the industry in near future.
The service industry machinery manufacturing market is estimated to register a CAGR of XX% over the forecast period owing to an increase in customer awareness regarding cost-effectiveness along with rising demand for maintenance contracts among other services related machineries such as repair & overhaul activities at airports.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for photocopiers, printers, computers and other office equipment from commercial and service industry. Furthermore, rising investments by multinational companies in developing countries of Asia Pacific are anticipated to fuel market growth over the coming years.
North America accounted for a major share of revenue generated by export-oriented economies such as Germany and Switzerland that have well-established manufacturing sector across various industries including medical devices & instruments, printing machinery etc.
Growth Factors:
- Increasing demand from the commercial and service industry for machinery manufacturing products.
- Growing investments in research and development by key players to develop new and innovative products.
- Rising trend of automation in various industries which is expected to drive the demand for machinery manufacturing products over the forecast period.
- Increasing number of mergers and acquisitions by leading players to expand their product portfolio and strengthen their position in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial And Service Industry Machinery Manufacturing Market Research Report
By Type
Optical Instrument And Lens Manufacturing, Photographic And Photocopying Equipment Manufacturing, Commercial And Service Industry Machinery Manufacturing, Others
By Application
Commercial, Service Industry
By Companies
Canon, Ricoh, Fujifilm Holdings, Sony Electronics, Nikon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Commercial And Service Industry Machinery Manufacturing Market Report Segments:
The global Commercial And Service Industry Machinery Manufacturing market is segmented on the basis of:
Types
Optical Instrument And Lens Manufacturing, Photographic And Photocopying Equipment Manufacturing, Commercial And Service Industry Machinery Manufacturing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Service Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Canon
- Ricoh
- Fujifilm Holdings
- Sony Electronics
- Nikon
Highlights of The Commercial And Service Industry Machinery Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Optical Instrument And Lens Manufacturing
- Photographic And Photocopying Equipment Manufacturing
- Commercial And Service Industry Machinery Manufacturing
- Others
- By Application:
- Commercial
- Service Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial And Service Industry Machinery Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial and service industry machinery manufacturing is the production of industrial equipment used in commercial and service-based businesses. This type of manufacturing includes machines that produce products such as food processing, automotive parts, medical devices, aerospace components, and more.
Some of the major players in the commercial and service industry machinery manufacturing market are Canon, Ricoh, Fujifilm Holdings, Sony Electronics, Nikon.
The commercial and service industry machinery manufacturing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial And Service Industry Machinery Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial And Service Industry Machinery Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial And Service Industry Machinery Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial And Service Industry Machinery Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial And Service Industry Machinery Manufacturing Market Size & Forecast, 2018-2028
4.5.1 Commercial And Service Industry Machinery Manufacturing Market Size and Y-o-Y Growth
4.5.2 Commercial And Service Industry Machinery Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Commercial And Service Industry Machinery Manufacturing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Type
5.2.1 Optical Instrument And Lens Manufacturing
5.2.2 Photographic And Photocopying Equipment Manufacturing
5.2.3 Commercial And Service Industry Machinery Manufacturing
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial And Service Industry Machinery Manufacturing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Service Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial And Service Industry Machinery Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial And Service Industry Machinery Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Type
9.6.1 Optical Instrument And Lens Manufacturing
9.6.2 Photographic And Photocopying Equipment Manufacturing
9.6.3 Commercial And Service Industry Machinery Manufacturing
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Service Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial And Service Industry Machinery Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Type
10.6.1 Optical Instrument And Lens Manufacturing
10.6.2 Photographic And Photocopying Equipment Manufacturing
10.6.3 Commercial And Service Industry Machinery Manufacturing
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Service Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial And Service Industry Machinery Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Type
11.6.1 Optical Instrument And Lens Manufacturing
11.6.2 Photographic And Photocopying Equipment Manufacturing
11.6.3 Commercial And Service Industry Machinery Manufacturing
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Service Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial And Service Industry Machinery Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Type
12.6.1 Optical Instrument And Lens Manufacturing
12.6.2 Photographic And Photocopying Equipment Manufacturing
12.6.3 Commercial And Service Industry Machinery Manufacturing
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Service Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial And Service Industry Machinery Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Type
13.6.1 Optical Instrument And Lens Manufacturing
13.6.2 Photographic And Photocopying Equipment Manufacturing
13.6.3 Commercial And Service Industry Machinery Manufacturing
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial And Service Industry Machinery Manufacturing Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Service Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial And Service Industry Machinery Manufacturing Market: Competitive Dashboard
14.2 Global Commercial And Service Industry Machinery Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canon
14.3.2 Ricoh
14.3.3 Fujifilm Holdings
14.3.4 Sony Electronics
14.3.5 Nikon
