The global Automotive Manufacturing Equipment Market size is estimated to reach USD 6.8 billion in 2024. It is anticipated to register strong growth, with overall automotive manufacturing equipment demand rising at a CAGR of 11.1% during the forecast period. Accordingly, the total market valuation is projected to reach USD 19.4 billion by 2034.
Demand remains high for conveyor belts owing to their growing usage in the automotive sector for moving materials and parts. The target segment is expected to thrive at 11.0% CAGR during the assessment period.
Automotive manufacturing equipment, consisting of several machines, devices, and tools, is witnessing strong demand, and the trend is expected to continue through 2034. This is due to their growing adoption in the automotive sector.
The ultimate search for enhanced productivity and reduced labor costs is prompting the automotive industry to embrace automation. This, in turn, is expected to fuel sales of automotive manufacturing equipment during the assessment period.
Several automotive manufacturers are employing advanced manufacturing technologies to boost their productivity, improve product quality, and reduce labor costs. This is expected to boost the growth of the automotive manufacturing equipment industry.
Some widely used equipment in the auto sector include conveyor belts, bending machines, stamping presses, CNC machines, grinding machines, and drilling and milling machines. Similarly, welding robots, assembly robots, painting robots, and coordinate measuring machines (CMMs) are employed in the automotive industry.
Leading automotive equipment manufacturers are expanding their product portfolios by launching advanced technologies, including smart robots and advanced CNC machines, to meet growing demand for the auto sector. For instance,
Other Factors Boosting the Automotive Manufacturing Equipment Market Growth
| Attributes | Key Insights |
|---|---|
| Base Market Value (2023) | USD 6.0 billion |
| Estimated Global Automotive Manufacturing Equipment Market Value (2024E) | USD 6.8 billion |
| Projected Automotive Manufacturing Equipment Market Revenue (2034F) | USD 19.4 billion |
| Value-based CAGR (2024 to 2034) | 11.1% |
Rapid Penetration of Automation is a Key Market-shaping Trend
Global sales of automotive manufacturing equipment grew at a CAGR of 13.8% from 2019 to 2023. Total market valuation at the end of 2023 reached about USD 6.0 billion. Over the forecast period, the global market for automotive manufacturing equipment is set to grow at 11.1% CAGR.
During the historical period, top automakers increasingly adopted automation due to the labor shortage caused by the COVID-19 pandemic. For instance, they employed automotive welding equipment, robotic manufacturing systems, and automotive painting equipment. As a result, the demand for automotive manufacturing equipment grew rapidly.
In the assessment period, factors like the growing adoption of smart manufacturing practices and rising demand for autonomous vehicles are expected to boost the automotive manufacturing equipment market growth. Similarly, advancements in CNC machines and robotic manufacturing systems will benefit the market.
Governments across the world are enforcing stringent regulations and emission standards to promote sustainable practices and address environmental issues. Compliance with these regulations often necessitates using novel manufacturing equipment in the automotive industry, fueling their demand.
| Particular | Value CAGR |
|---|---|
| H1 | 10.9% (2023 to 2033) |
| H2 | 10.7% (2023 to 2033) |
| H1 | 11.8% (2024 to 2034) |
| H2 | 10.8% (2024 to 2034) |
Growing Emphasis on Lightweight Materials
Rising demand for fuel-efficient vehicles and growing environmental concerns are prompting the automotive sector to utilize lightweight materials like carbon fiber, aluminum, and advanced composites. This is expected to boost the target market as the adoption of these materials requires specialized manufacturing equipment to handle their unique properties.
Transition toward Electric and Hybrid Vehicles
There is a gradual transition from traditional internal combustion engine vehicles towards electric and hybrid ones. This is anticipated to uplift demand for automotive manufacturing equipment as these vehicles require different assembly processes and equipment.
To capitalize on this trend and boost their sales, top companies are introducing advanced automotive production machinery and robots. For instance, in April 2020, YASKAWA launched a shelf-type robot called MOTOMAN-GP300R.
The new robot lineup will help companies shorten the line length to save space and construct high-value lines during the assembly process of lightweight vehicles or environmentally friendly vehicles.
The table below highlights the automotive manufacturing equipment market revenue in top nations. The United States, China, and Japan are expected to remain the top three consumers of automotive production machinery, with expected valuations of USD 3.5 billion, USD 3.2 billion, and USD 2.1 billion, respectively, in 2034.
| Countries | Estimated Automotive Manufacturing Equipment Market Value (2034) |
|---|---|
| United States | USD 3.5 billion |
| China | USD 3.2 billion |
| Japan | USD 2.1 billion |
| South Korea | USD 1.2 billion |
| United Kingdom | USD 795.1 million |
The below table shows the estimated growth rates of the top countries. South Korea, the United Kingdom, and China are set to record high CAGRs of 13.3%, 12.3%, and 12.1%, respectively, through 2034.
Robust growth of the automotive industry across these countries is a key factor boosting the automotive manufacturing equipment market. Similarly, these countries are witnessing rising adoption of automation and digital twin technology, creating growth opportunities for automotive manufacturing equipment manufacturers.
| Countries | Expected Automotive Manufacturing Equipment Market CAGR (2024 to 2034) |
|---|---|
| United States | 11.3% |
| China | 12.1% |
| Japan | 11.9% |
| South Korea | 13.3% |
| United Kingdom | 12.3% |
The United States automotive manufacturing equipment market size is projected to reach USD 3.5 billion in 2034. It will continue to dominate the global market, with overall demand for automotive manufacturing equipment rising at 11.3% CAGR throughout the forecast period. Some of the key drivers/trends include:
Advanced technologies like automation and robotics are gaining immense traction across industries like manufacturing and automotive in the United States. These technologies help industries increase productivity while reducing labor requirements. This is expected to drive demand for automotive manufacturing equipment in the nation.
Several automakers in the United States are employing robots for welding, painting, and assembly tasks. As per the International Federation of Robotics (IFR), around 30787 industrial robot units were installed in the United States during 2020. Thus, the growing adoption of robots will likely play a key role in fostering the growth of the automotive manufacturing market through 2034.
The strong presence of top automotive manufacturers and rising government support are expected to positively impact sales of automotive manufacturing equipment. Similarly, the growing popularity of electric and hybrid vehicles will likely improve the nation’s automotive manufacturing equipment market share through 2034.
As per the latest analysis, sales of automotive manufacturing equipment in China are projected to soar at 12.1% CAGR during the forecast period. By 2034, China's automotive manufacturing equipment market value is set to total USD 3.2 billion, driven by factors like:
When it comes to automotive manufacturing, China leads from the forefront. It is the world’s leading automotive market and is set to witness robust growth owing to rising vehicle demand. This, in turn, is expected to fuel sales of sophisticated automotive manufacturing equipment.
An increasing push from the government for industrial automation is acting as a catalyst fueling the growth of China's automotive manufacturing equipment industry. Various initiatives and policies are being launched in China to promote the production and usage of robotics.
For instance, China introduced a five-year plan in 2021 to transform the country into a global robotics innovation hub by 2025. From the electronics to the automotive sector, manufacturers constantly embrace automation and robotics. This will likely foster market growth through 2034.
China is home to several leading robot manufacturing companies. As per the USA International Trade Commission, there are around 7,000 robotics companies in China. Easy accessibility and reduction in robot prices are expected to benefit China market during the forecast period.
Japan’s automotive manufacturing equipment market is poised to exhibit a CAGR of 11.9% during the forecast period. It will likely attain a valuation of USD 2.1 billion by 2034. This is attributable to factors like:
Amid rising environmental concerns and the implementation of stringent regulations, Japan’s automotive industry is embracing electrification. This is expected to drive demand for advanced automotive manufacturing technologies.
Electric and hybrid vehicles are gaining wider popularity in the country, which is expected to boost the growth of the automotive manufacturing equipment market. This is because these vehicles require different processes and equipment than traditional internal combustion engine vehicles.
The section below offers profound insights into top segments and their respective growth rates for the assessment period. Based on equipment type, the conveyor belt segment is set to grow at a robust CAGR of 11.0% through 2034. By vehicle type, the passenger vehicles segment will likely exhibit a CAGR of 10.5% during the forecast period.
| Top Segment | Conveyor Belt (Equipment Type) |
|---|---|
| Estimated CAGR (2024 to 2034) | 11.0% |
As per the latest analysis, conveyor belts remain the most sought-after equipment type in the automotive industry. The target segment is projected to grow at a robust CAGR of 11.0% during the forecast period.
The rising usage of conveyor belts for moving materials and parts around automotive factories is a key factor driving the growth of the target segment. Conveyors automate the movement of parts and vehicles, thereby streamlining production flow and reducing labor costs. They operate continuously, maximizing throughput and minimizing downtime.
Demand for robots is also expected to increase significantly during the assessment period. This is attributable to the increasing installation of robots in the automotive sector to handle various tasks due to their efficiency and versatility.
Leading automotive giants are increasingly employing robots, including articulated robots, in their facilities to improve safety and productivity as well as reduce labor costs. Robots are expected to replace around 20 million jobs by 2030, as per the Oxford Economics.
This will create lucrative growth opportunities for automotive manufacturing equipment companies.
As robotic technology continues to advance, the role of robots in automotive manufacturing is set to grow even further. Hence, the robot segment will likely record strong growth during the assessment period.
| Top Segment | Passenger Vehicles (Vehicle Type) |
|---|---|
| Estimated CAGR (2024 to 2034) | 10.5% |
Based on vehicle type, the passenger vehicles segment is expected to grow at a CAGR of 10.5% during the assessment period. As a result, it will generate lucrative growth opportunities for automotive manufacturing equipment companies.
The automotive manufacturing equipment market is highly competitive due to the presence of several players. Top manufacturers of automotive equipment are constantly innovating to develop novel solutions integrated with advanced technologies. For instance, they are introducing advanced automotive robots and CNC machines.
Many automotive production machinery companies are also employing strategies like partnerships, facility expansions, acquisitions, mergers, and collaborations. These strategies will help them boost their revenue and gain a competitive edge in the market. Similarly, they are participating in exhibitions and other events to expand their customer reach.
Recent Developments in the Automotive Manufacturing Equipment Market
| Attribute | Details |
|---|---|
| Estimated Market Value (2024) | USD 6.8 billion |
| Projected Market Value (2034) | USD 19.4 billion |
| Anticipated Growth Rate (2024 to 2034) | 11.1% CAGR |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | Value (USD billion), Volume (Units), and CAGR for 2024 to 2034 |
| Key Regions Covered | Latin America; North America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; and Middle East & Africa |
| Key Countries Covered | Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others |
| Key Market Segments Covered | Equipment Type, Vehicle Type, and Region |
| Key Companies Profiled | ABB; FANUC CORPORATION; KUKA AG; Dürr Group; AMADA CO; Yaskawa Electric Corporation; Kawasaki Heavy Industries; Schuler Group |
Table 1: Global Market Value (US$ billion) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 5: Global Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 7: North America Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 10: North America Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 11: North America Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 12: North America Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 13: Latin America Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 16: Latin America Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 17: Latin America Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 18: Latin America Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 19: Western Europe Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 22: Western Europe Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 24: Western Europe Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 30: Eastern Europe Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 37: East Asia Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 40: East Asia Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 41: East Asia Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 42: East Asia Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ billion) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ billion) Forecast by Equipment Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ billion) Forecast by Vehicle Type, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034
Figure 1: Global Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 2: Global Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 3: Global Market Value (US$ billion) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ billion) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 9: Global Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 12: Global Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 13: Global Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 16: Global Market Attractiveness by Equipment Type, 2024 to 2034
Figure 17: Global Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 20: North America Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 21: North America Market Value (US$ billion) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 27: North America Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 30: North America Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 31: North America Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 34: North America Market Attractiveness by Equipment Type, 2024 to 2034
Figure 35: North America Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 39: Latin America Market Value (US$ billion) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 45: Latin America Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 49: Latin America Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Equipment Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 57: Western Europe Market Value (US$ billion) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 67: Western Europe Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Equipment Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ billion) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Equipment Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ billion) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Equipment Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 111: East Asia Market Value (US$ billion) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 117: East Asia Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 121: East Asia Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Equipment Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ billion) by Equipment Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ billion) by Vehicle Type, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ billion) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ billion) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ billion) Analysis by Equipment Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Equipment Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ billion) Analysis by Vehicle Type, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Equipment Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Vehicle Type, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The global market value is estimated to total USD 6.8 billion in 2024.
The global automotive manufacturing equipment market size is set to reach USD 19.4 billion by 2034.
Global demand is projected to rise at 11.1% CAGR through 2034.
Conveyor belts, robots, CNC machines, and jig welders, among others
The global market registered a CAGR of 13.8% from 2019 to 2023.
China's market size is expected to reach USD 3.2 billion in 2034.
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Automotive Manufacturing Equipment Market
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