GITNUXREPORT 2026

Machinery Industry Statistics

The global machinery industry is a massive, growing sector across major manufacturing nations.

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Statistic 1

Global machinery employment totaled 35 million workers in 2022.

Statistic 2

US machinery sector employed 1.1 million people in 2023, with 2% decline.

Statistic 3

China machinery industry workforce exceeded 20 million in 2022.

Statistic 4

Germany mechanical engineering employed 1.05 million in 2023.

Statistic 5

Japan machinery sector jobs at 1.2 million in 2022.

Statistic 6

India engineering sector employed 5 million in machinery in FY2023.

Statistic 7

EU machinery industry total employment 3.3 million in 2022.

Statistic 8

Brazil machinery manufacturing jobs 250,000 in 2023.

Statistic 9

South Korea machinery employment 450,000 workers in 2023.

Statistic 10

Italy mechanical sector employed 1.3 million in 2023.

Statistic 11

Global employment in machinery down 1.5% to 34.5 million in 2023.

Statistic 12

Machinery sector average wage $65,000 annually in US 2023.

Statistic 13

Women represent 25% of machinery workforce in EU 2023.

Statistic 14

Automation displaced 200,000 machinery jobs globally 2018-2023.

Statistic 15

Skilled labor shortage 2 million workers in China machinery 2023.

Statistic 16

Apprenticeships in German machinery 50,000 new in 2023.

Statistic 17

US machinery labor productivity up 2.8% in 2023.

Statistic 18

India machinery jobs growth 8% to 5.4 million in FY2023.

Statistic 19

Global machinery average salary $50,000 USD equivalent 2023.

Statistic 20

Youth employment in machinery 15% of total workforce globally.

Statistic 21

Unionization rate 20% in US machinery sector 2023.

Statistic 22

Remote work adoption 10% in machinery design roles 2023.

Statistic 23

Turnover rate 12% in machinery manufacturing globally.

Statistic 24

Training investment $5 billion annually in EU machinery.

Statistic 25

Machinery engineers 2 million worldwide 2023.

Statistic 26

Global machinery industry revenue reached $1.8 trillion in 2022, with construction machinery accounting for 28% of total revenue.

Statistic 27

US machinery manufacturing market size stood at $452.5 billion in 2023, up 4.2% from previous year.

Statistic 28

China's machinery industry output value hit 7.2 trillion yuan ($1.01 trillion) in 2022.

Statistic 29

European machinery market volume was €260 billion in 2023, driven by automation demand.

Statistic 30

Industrial machinery segment grew to $816 billion globally in 2023 at 3.8% CAGR since 2018.

Statistic 31

Agricultural machinery market valued at $162.5 billion in 2023, projected to $208 billion by 2030.

Statistic 32

Japan's machinery industry sales totaled ¥15.6 trillion in fiscal 2022.

Statistic 33

German mechanical engineering sector revenue €289 billion in 2022, with 2.5% growth forecast for 2023.

Statistic 34

Indian machinery market size estimated at $38 billion in FY2023, growing at 12% annually.

Statistic 35

Construction equipment market reached $198 billion globally in 2023.

Statistic 36

Asia-Pacific machinery market dominated with 45% global share in 2023.

Statistic 37

North America machinery revenue $500 billion in 2023.

Statistic 38

Latin America construction machinery market $25 billion in 2023.

Statistic 39

Middle East machinery industry $40 billion valuation in 2022.

Statistic 40

Africa mining equipment market $12 billion in 2023.

Statistic 41

Southeast Asia machinery market $150 billion in 2023.

Statistic 42

Global textile machinery market $45 billion 2023.

Statistic 43

Printing machinery segment $38 billion globally 2023.

Statistic 44

Food processing machinery $70 billion market 2023.

Statistic 45

World machinery production index rose 2.1% in 2023 compared to 2022.

Statistic 46

US industrial machinery production output increased 3.7% year-over-year in Q4 2023.

Statistic 47

China produced 1.2 million units of construction machinery in 2022.

Statistic 48

Germany manufactured 450,000 machine tools in 2023, down 5% from 2022 peak.

Statistic 49

Global tractor production totaled 1.9 million units in 2023.

Statistic 50

EU-27 engineering industry produced €1.1 trillion worth of goods in 2022.

Statistic 51

Japan output of metalworking machinery reached 120,000 units in 2022.

Statistic 52

India construction equipment production hit 118,000 units in FY2023.

Statistic 53

Brazil agricultural machinery production was 65,000 tractors in 2023.

Statistic 54

South Korea shipped 45,000 industrial robots from production in 2023.

Statistic 55

Russia machinery production output 2.5 million tons in 2023.

Statistic 56

France produced 25,000 agricultural machines in 2022.

Statistic 57

UK engineering output £170 billion in machinery in 2023.

Statistic 58

Turkey machinery production capacity utilization 78% in 2023.

Statistic 59

Australia manufactured 15,000 mining machines in 2023.

Statistic 60

Global CNC machine production 250,000 units in 2023.

Statistic 61

US farm machinery production up 5.2% to 300,000 units in 2023.

Statistic 62

Plastic machinery production 1.5 million tons globally 2023.

Statistic 63

Wind turbine machinery output 120 GW capacity 2023.

Statistic 64

Semiconductor machinery production $100 billion 2023.

Statistic 65

Elevators and escalators 1.2 million units produced 2023.

Statistic 66

Forklifts global production 1.4 million units 2023.

Statistic 67

Pumps and compressors 50 million units manufactured 2023.

Statistic 68

Global R&D spending in machinery industry $120 billion in 2022.

Statistic 69

US machinery firms invested $25 billion in R&D in 2023.

Statistic 70

China filed 150,000 machinery-related patents in 2022.

Statistic 71

Germany machinery R&D expenditure €15 billion in 2023.

Statistic 72

Japan invested ¥3.5 trillion in industrial machinery R&D in 2022.

Statistic 73

EU Orgalim members spent €32 billion on R&D in 2022.

Statistic 74

India machinery patents granted 12,000 in FY2023.

Statistic 75

Global industrial robot installations reached 553,000 units in 2023.

Statistic 76

Additive manufacturing market in machinery $20 billion in 2023.

Statistic 77

AI integration in machinery projected to add $3.7 trillion by 2030.

Statistic 78

Global machinery patents 450,000 filed in 2023.

Statistic 79

Robotics R&D funding $10 billion US government 2023.

Statistic 80

3D printing machinery innovations 15% CAGR to 2030.

Statistic 81

IoT devices in machinery market $85 billion by 2025.

Statistic 82

Electrification of construction machinery 20% adoption by 2030.

Statistic 83

Digital twins technology in machinery $20 billion market 2023.

Statistic 84

Global machine vision market $14 billion in 2023.

Statistic 85

Hydrogen-powered machinery prototypes 50+ in development 2023.

Statistic 86

Cybersecurity R&D in machinery $8 billion 2023.

Statistic 87

Cobots collaborative robots 50,000 shipped 2023.

Statistic 88

Predictive maintenance software market $10 billion 2023.

Statistic 89

Sustainable machinery designs 30% increase in patents 2023.

Statistic 90

AR/VR in machinery training $2 billion market 2023.

Statistic 91

Quantum computing applications in machinery early stage 50 projects.

Statistic 92

Biodegradable materials in machinery 5% adoption 2023.

Statistic 93

South Korea exported $28.5 billion worth of machinery in 2023.

Statistic 94

US machinery exports totaled $174 billion in 2023, up 6% from 2022.

Statistic 95

Germany recorded €171 billion in machinery exports in 2023.

Statistic 96

China machinery imports reached $250 billion in 2022.

Statistic 97

Japan machinery trade surplus was ¥2.1 trillion in 2023.

Statistic 98

EU machinery exports grew 4.2% to €370 billion in 2023.

Statistic 99

India machinery exports surged 35% to $14.4 billion in FY2023.

Statistic 100

Mexico imported $45 billion in machinery in 2023.

Statistic 101

Italy exported €50 billion in mechanical products in 2023.

Statistic 102

Canada machinery imports from US hit $30 billion in 2023.

Statistic 103

EU machinery trade deficit $50 billion in 2023.

Statistic 104

China exported 500,000 construction machines 2023.

Statistic 105

Swiss precision machinery exports CHF 20 billion 2023.

Statistic 106

Australia machinery exports $15 billion mining equipment 2023.

Statistic 107

Vietnam imported $20 billion machinery for manufacturing 2023.

Statistic 108

Netherlands re-exported €60 billion machinery 2023.

Statistic 109

UK machinery imports £40 billion post-Brexit 2023.

1/109

Sources

Trusted by 500+ publications

+497

The global machinery industry, now worth nearly two trillion dollars, is a powerhouse of innovation and economic might, transforming every sector from construction to agriculture with unprecedented automation and efficiency.

Key Takeaways

Global machinery industry revenue reached $1.8 trillion in 2022, with construction machinery accounting for 28% of total revenue.
US machinery manufacturing market size stood at $452.5 billion in 2023, up 4.2% from previous year.
China's machinery industry output value hit 7.2 trillion yuan ($1.01 trillion) in 2022.
World machinery production index rose 2.1% in 2023 compared to 2022.
US industrial machinery production output increased 3.7% year-over-year in Q4 2023.
China produced 1.2 million units of construction machinery in 2022.
South Korea exported $28.5 billion worth of machinery in 2023.
US machinery exports totaled $174 billion in 2023, up 6% from 2022.
Germany recorded €171 billion in machinery exports in 2023.
Global machinery employment totaled 35 million workers in 2022.
US machinery sector employed 1.1 million people in 2023, with 2% decline.
China machinery industry workforce exceeded 20 million in 2022.
Global R&D spending in machinery industry $120 billion in 2022.
US machinery firms invested $25 billion in R&D in 2023.
China filed 150,000 machinery-related patents in 2022.

The global machinery industry is a massive, growing sector across major manufacturing nations.

Employment Data

Global machinery employment totaled 35 million workers in 2022.
US machinery sector employed 1.1 million people in 2023, with 2% decline.
China machinery industry workforce exceeded 20 million in 2022.
Germany mechanical engineering employed 1.05 million in 2023.
Japan machinery sector jobs at 1.2 million in 2022.
India engineering sector employed 5 million in machinery in FY2023.
EU machinery industry total employment 3.3 million in 2022.
Brazil machinery manufacturing jobs 250,000 in 2023.
South Korea machinery employment 450,000 workers in 2023.
Italy mechanical sector employed 1.3 million in 2023.
Global employment in machinery down 1.5% to 34.5 million in 2023.
Machinery sector average wage $65,000 annually in US 2023.
Women represent 25% of machinery workforce in EU 2023.
Automation displaced 200,000 machinery jobs globally 2018-2023.
Skilled labor shortage 2 million workers in China machinery 2023.
Apprenticeships in German machinery 50,000 new in 2023.
US machinery labor productivity up 2.8% in 2023.
India machinery jobs growth 8% to 5.4 million in FY2023.
Global machinery average salary $50,000 USD equivalent 2023.
Youth employment in machinery 15% of total workforce globally.
Unionization rate 20% in US machinery sector 2023.
Remote work adoption 10% in machinery design roles 2023.
Turnover rate 12% in machinery manufacturing globally.
Training investment $5 billion annually in EU machinery.
Machinery engineers 2 million worldwide 2023.

Employment Data Interpretation

The global machinery industry is a colossal engine of 34.5 million jobs, but it’s a sputtering one, with China as its giant factory floor facing a skilled labor crisis, the US boosting output with fewer hands, and Germany meticulously training its next generation, all while automation quietly unbolts positions worldwide.

Market Size

Global machinery industry revenue reached $1.8 trillion in 2022, with construction machinery accounting for 28% of total revenue.
US machinery manufacturing market size stood at $452.5 billion in 2023, up 4.2% from previous year.
China's machinery industry output value hit 7.2 trillion yuan ($1.01 trillion) in 2022.
European machinery market volume was €260 billion in 2023, driven by automation demand.
Industrial machinery segment grew to $816 billion globally in 2023 at 3.8% CAGR since 2018.
Agricultural machinery market valued at $162.5 billion in 2023, projected to $208 billion by 2030.
Japan's machinery industry sales totaled ¥15.6 trillion in fiscal 2022.
German mechanical engineering sector revenue €289 billion in 2022, with 2.5% growth forecast for 2023.
Indian machinery market size estimated at $38 billion in FY2023, growing at 12% annually.
Construction equipment market reached $198 billion globally in 2023.
Asia-Pacific machinery market dominated with 45% global share in 2023.
North America machinery revenue $500 billion in 2023.
Latin America construction machinery market $25 billion in 2023.
Middle East machinery industry $40 billion valuation in 2022.
Africa mining equipment market $12 billion in 2023.
Southeast Asia machinery market $150 billion in 2023.
Global textile machinery market $45 billion 2023.
Printing machinery segment $38 billion globally 2023.
Food processing machinery $70 billion market 2023.

Market Size Interpretation

Despite its imposing global trillion-dollar scale and promising growth rates, the machinery industry can be neatly summarized as a relentless, multi-continental workshop where humanity is constantly hired to build the future, farm its food, and print the invoices.

Production Statistics

World machinery production index rose 2.1% in 2023 compared to 2022.
US industrial machinery production output increased 3.7% year-over-year in Q4 2023.
China produced 1.2 million units of construction machinery in 2022.
Germany manufactured 450,000 machine tools in 2023, down 5% from 2022 peak.
Global tractor production totaled 1.9 million units in 2023.
EU-27 engineering industry produced €1.1 trillion worth of goods in 2022.
Japan output of metalworking machinery reached 120,000 units in 2022.
India construction equipment production hit 118,000 units in FY2023.
Brazil agricultural machinery production was 65,000 tractors in 2023.
South Korea shipped 45,000 industrial robots from production in 2023.
Russia machinery production output 2.5 million tons in 2023.
France produced 25,000 agricultural machines in 2022.
UK engineering output £170 billion in machinery in 2023.
Turkey machinery production capacity utilization 78% in 2023.
Australia manufactured 15,000 mining machines in 2023.
Global CNC machine production 250,000 units in 2023.
US farm machinery production up 5.2% to 300,000 units in 2023.
Plastic machinery production 1.5 million tons globally 2023.
Wind turbine machinery output 120 GW capacity 2023.
Semiconductor machinery production $100 billion 2023.
Elevators and escalators 1.2 million units produced 2023.
Forklifts global production 1.4 million units 2023.
Pumps and compressors 50 million units manufactured 2023.

Production Statistics Interpretation

The world's machinery industry is humming along with cautious optimism, showing modest global growth peppered with stark national contrasts—from America's farm-ready boom and China's construction might to Germany's slight toolroom retreat and South Korea's robotic march.

R&D and Innovation

Global R&D spending in machinery industry $120 billion in 2022.
US machinery firms invested $25 billion in R&D in 2023.
China filed 150,000 machinery-related patents in 2022.
Germany machinery R&D expenditure €15 billion in 2023.
Japan invested ¥3.5 trillion in industrial machinery R&D in 2022.
EU Orgalim members spent €32 billion on R&D in 2022.
India machinery patents granted 12,000 in FY2023.
Global industrial robot installations reached 553,000 units in 2023.
Additive manufacturing market in machinery $20 billion in 2023.
AI integration in machinery projected to add $3.7 trillion by 2030.
Global machinery patents 450,000 filed in 2023.
Robotics R&D funding $10 billion US government 2023.
3D printing machinery innovations 15% CAGR to 2030.
IoT devices in machinery market $85 billion by 2025.
Electrification of construction machinery 20% adoption by 2030.
Digital twins technology in machinery $20 billion market 2023.
Global machine vision market $14 billion in 2023.
Hydrogen-powered machinery prototypes 50+ in development 2023.
Cybersecurity R&D in machinery $8 billion 2023.
Cobots collaborative robots 50,000 shipped 2023.
Predictive maintenance software market $10 billion 2023.
Sustainable machinery designs 30% increase in patents 2023.
AR/VR in machinery training $2 billion market 2023.
Quantum computing applications in machinery early stage 50 projects.
Biodegradable materials in machinery 5% adoption 2023.

R&D and Innovation Interpretation

While the US and Germany write hefty checks, China files patents by the truckload, robots steadily join the workforce, and AI looms as a multi-trillion-dollar foreman, proving the global machinery race is less about brute force and more about who can code, connect, and compute their way to the future first.

Trade and Exports

South Korea exported $28.5 billion worth of machinery in 2023.
US machinery exports totaled $174 billion in 2023, up 6% from 2022.
Germany recorded €171 billion in machinery exports in 2023.
China machinery imports reached $250 billion in 2022.
Japan machinery trade surplus was ¥2.1 trillion in 2023.
EU machinery exports grew 4.2% to €370 billion in 2023.
India machinery exports surged 35% to $14.4 billion in FY2023.
Mexico imported $45 billion in machinery in 2023.
Italy exported €50 billion in mechanical products in 2023.
Canada machinery imports from US hit $30 billion in 2023.
EU machinery trade deficit $50 billion in 2023.
China exported 500,000 construction machines 2023.
Swiss precision machinery exports CHF 20 billion 2023.
Australia machinery exports $15 billion mining equipment 2023.
Vietnam imported $20 billion machinery for manufacturing 2023.
Netherlands re-exported €60 billion machinery 2023.
UK machinery imports £40 billion post-Brexit 2023.

Trade and Exports Interpretation

These statistics reveal the global machinery industry as a titanic chessboard where nations like Germany and the US are the master players, China is the insatiable consumer king, and countries like India and Vietnam are the ambitious and rapidly advancing knights.

Sources & References

Logos provided by Logo.dev