Segmentation by End User (Automotive, Defense, Food & Beverage, Aerospace and Others) and Geography (APAC, North America, Europe, MEA and South America) – Forecast to 2026 | Technavio


Parent Market Analysis

Technavio categorizes the world reconditioning of industrial machines market within the global industrial machinery market within the global industrial market.

Technavio uses total revenue generated by manufacturers to estimate the size of the global industrial machinery remanufacturing market. The external factors influencing the growth potential of the parent market in the coming years have been thoroughly studied in our research analysis, to know more about the Industrial Machinery Refurbishment market growth levels throughout the the forecast period, Download a free sample.

Remanufacturing of industrial machinery Market value chain analysis

To maximize profit margins and evaluate business plans, an end-to-end understanding of industrial machinery refurbishment is required. The report will help vendors reduce costs and improve customer services over the forecast period.

  • Submissions
  • Inbound Logistics
  • Operations
  • External logistics
  • Marketing and Sales
  • After-sales and service
  • Industry News

To unlock information on supplier travel costs and customer service, download our free sample report.

Supplier Information

The industrial machinery refurbishment market is fragmented, and vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the most of this opportunity, sellers in the market should focus more on the growth prospects of the fast-growing segment while maintaining their positions in the slow-growing segments.

We provide a detailed analysis of the vendors operating in the Industrial Machinery Refurbishment market including some of the vendors such as ABB Ltd., Astro Machine Works Inc., Caterpillar Inc., CNH Industrial NV, Deere and Co., Elmas SRL, Exline Inc., L and H Industrial Inc., Lee Industrial Contracting, Pamco Machine Works Inc.

Backed by competitive intelligence and benchmarking, our Industrial Machinery Remanufacturing Market research reports are designed to provide entry-level support, customer profile and mergers & acquisitions as well as go-to-market strategic support. the market.

Product information and news

  • ABB Ltd. -Ooffers refurbished robots, refurbished arm swaps and many more.
  • Astro Machine Works Inc.Offers industrial machinery refurbishment for heavy machinery, as well as pneumatic and hydraulic cylinder and CNC upgrade work.
  • Caterpillar inc. Offers industrial machinery remanufacturing services that provide lower cost products, shorter downtime, and fast, reliable service options.

The Industrial Machinery Refurbishment Solutions Market forecast report offers in-depth information about key vendor profiles and offerings Download a free sample report

Geographical Highlights

The growth in the industrial machinery remanufacturing market share in APAC region will be significant over the forecast period. China and India are the key markets for the industrial machinery remanufacturing market in Asia Pacific. Market growth in this region will be slower than market growth in North America and AME.

Due to factors such as increasing industrialization and urbanization, APAC is the fastest growing geographic market in the global industrial machinery remanufacturing industry. Due to reasons such as increasing population, economic development and purchasing power of farmers, the F&B business in APAC is experiencing significant growth. China, Singaporeand India are the first countries in this region. In terms of agricultural production, China and India are among the major regional markets, and these countries are expected to attract significant investments in nanotechnology research during the forecast period.

In addition, countries like the United States, China, India, Germanyand UK is the key market for the industrial machinery remanufacturing market in APAC, owing to the rapid industrialization and urbanization in this region.

To unlock the best strategies practiced by the region that generates maximum growth, View sample report

Key Market Dynamics-

  • Key Drivers of Industrial Machinery Remanufacturing Market:
    • Rising demand for increased asset utilization in manufacturing industries

One of the motivations for upgrading and modernizing manufacturing plants is the growing awareness of end users about energy savings. The selection of industrial machinery helps improve working efficiency and reduce energy consumption. When choosing a pump, consider factors such as the size of the pump and the operating speed of industrial machinery. These considerations help determine the operational functionality of the pumps and choose the best model. End users who can successfully operate the pumps can save money on operating costs by extending the life of industrial machinery. Over the projected period, this is expected to drive the demand for industrial machinery reconditioning worldwide.

  • Key Industrial Machinery Remanufacturing Market Trends:
    • Growing adoption of repair and refurbishment for industrial machinery

In general, industrial machinery is exposed to corrosive and hostile environments, especially in end-user segments, which can cause significant wear and tear. To solve this problem, manufacturers of industrial machinery offer refurbishment and repair services that use technologies such as plasma arc welding and laser coating. The cost of replacing all the components could be quite large, which would put significant financial pressure on the machine operator or owner. Under these circumstances, owners frequently use laser coating procedures to restore or extend the life of the component.

Download a free sample for highlights on market drivers and trends affecting the reconditioning of industrial machines Marlet.

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Scope of Industrial Machinery Remanufacturing Market

Report cover


Page number


Year of reference


Forecast period


Growth momentum and CAGR

Slowing down to a CAGR of 16.81%

Market Growth 2022-2026

$304.36 billion

Market structure


Annual growth (%)


Regional analysis

APAC, North America, Europe, MEA and South America

Successful market contribution

Asia-Pacific at 39%

Main consumer countries

USA, China, India, Germany and UK

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

ABB Ltd., Astro Machine Works Inc., Caterpillar Inc., CNH Industrial NV, Deere and Co., Elmas SRL, Exline Inc., L and H Industrial Inc., Lee Industrial Contracting and Pamco Machine Works Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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