The Global Other Commercial And Service Industry Machinery Manufacturing Market Was Valued At $93.6 Billion In 2017 According To TBRC’s Latest Report

Other commercial and service industry machinery manufacturing industry comprises of establishments mainly involved in manufacturing commercial and service industry equipment, such as amusement park rides, water treatment equipment, vending...

Other commercial and service industry machinery manufacturing industry comprises of establishments mainly involved in manufacturing commercial and service industry equipment, such as amusement park rides, water treatment equipment, vending machines, commercial cooking equipment, and commercial washing machines.

 

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The global other commercial and service industry machinery manufacturing market was valued at $93.6 billion in 2017. Asia Pacific was the largest geographic region in the market, accounting for nearly 54% of the global market share. This can be attributed to the region’s large manufacturing base demanding these machines and parts, and in part to high government spending in emerging countries on research in the field of astronomy and military. North America was the second largest region accounting for around one-fifth of the market share. South America was the smallest region accounting for less than 1% of the market. This was mainly due to lack of a large manufacturing base relative to other markets and limited modern infrastructure and government support for consumption of commercial machinery.

The other commercial and service industry machinery manufacturing was split into: photographic and photocopying equipment manufacturing and optical instrument and lens manufacturing.

 

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China was the largest country in the market, accounting for nearly one-fourth of the global other commercial and service industry machinery manufacturing market share. China was followed by India and Japan as the next largest countries in the market.

 

The top five competitors in the market are: Casio, Texas Instrument, Washtec, Ainsworth Game Technology, and Lockheed Martin. Casio Computer Co., Ltd. is a Japanese multinational consumer electronics and commercial electronics manufacturing company headquartered in Shibuya, Tokyo, Japan. Its products include calculators, mobile phones, digital cameras, electronic musical instruments, and digital watches.

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Industrial Mechanical
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