Key Takeaways
- 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 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.
- 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.
- 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 hit 35 million and revenue reached $1.8 trillion in 2022, signaling steady growth.
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Global machinery employment: 2022 to 2023 shift
Global machinery employment edged down in 2023 compared with 2022.
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Marcus Afolabi. (2026, February 13). Machinery Industry Statistics. Gitnux. https://gitnux.org/machinery-industry-statistics
Marcus Afolabi. "Machinery Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/machinery-industry-statistics.
Marcus Afolabi. 2026. "Machinery Industry Statistics." Gitnux. https://gitnux.org/machinery-industry-statistics.
Sources & references
88 datasets cited across this report · attribution is report-level

