North America Machinery Market (2025-2031) | Companies, Size, Trends, Growth, Outlook, Analysis, Industry, Revenue, Forecast, Share & Value

Market Forecast by Countries (United States, Canada), By Type (Agriculture, Construction, And Mining Machinery, Industrial Machinery, Commercial And Service Industry Machinery, Ventilation, Heating, Air-Conditioning, Commercial Refrigeration Equipment), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others, Others), By Nature (Organic, Conventional) And Competitive Landscape

Product Code: ETC437746 Publication Date: Nov 2022 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

North America Machinery Market Highlights

Report Name North America Machinery Market
Forecast period 2025-2031
Forecast Size USD 19.08 billion by 2031
CAGR 6.2%
Growing Sector Industrial Machinery

Topics Covered in North America Machinery Market Report

The report on the North America Machinery Market offers a comprehensive analysis by types, application segments, leading players, and key government initiatives. This elaborate report provides stakeholders with valuable insights into current and forecasted market trends, major drivers, fast-growing segments, and main challenges to assist in making strategic decisions and adjusting marketing plans according to evolving industrial dynamics.

North America Machinery Market Size Analysis

North America Machinery Market was valued at USD 14.79 billion and is expected to reach USD 19.08 billion, growing at a CAGR of around 6.2% from 2025 to 2031. Technological advancements, increased automation, and substantial investments in infrastructure are some of the key factors that are fuelling the growth of this market.

North America Machinery Market Synopsis

North America Machinery Market is a cornerstone of various industries including construction, agriculture and manufacturing at large. With continuous technological advances coupled with escalating automation activities, it is poised for significant growth. Key market drivers include smart machines implementation, energy-saving systems as well as move towards sustainability. Besides that, the U.S. economic stability together with regulatory landscape within Canada serve as enablers for the said market to develop further over time.

According to 6Wresearch, The North America Machinery Market size is expected to grow at a significant CAGR of 6.2% during the forecast period 2025-2031. The North America Machinery Market is propelled by a number of factors including technological developments that improve efficiency and productivity of machines. Changes in regulations that are meant to enhance sustainable practices has created escalating demand for energy-efficient machines. The market is also being driven by consumer preference for automation and intelligent systems. Moreover, huge investments in infrastructure and industrial projects are helping to drive the machinery business, particularly in agriculture and construction sectors.

In spite of its robust growth, the North America Machinery Market faces a number of hurdles. High initial costs associated with sophisticated machinery prevent small and medium-sized enterprises from adopting up-to-date technologies. Additionally, economic factors such as fluctuating prices of raw materials or trading policies can impact on market stability. Furthermore, the difficulty surrounding running and maintaining advanced equipment necessitates highly trained employees who are currently hard to find thus posing a big challenge to market expansion.

North America Machinery Market Leading Players

The North America machinery market comprises of big names like Caterpillar Inc., General Electric, and John Deere among others. These top firms lead in terms of technological advancements with a variety of machines meant for different uses. Continuous commitment to research, partnerships and mergers are used by these companies to maintain their competitive advantage thus enhancing the growth of the market.

North America Machinery Market Government Initiatives

In North America, government initiatives are crucial for the machinery market. Initiatives such as the “Advanced Manufacturing Partnership” and the “Energy Efficiency Improvement Act” aim to promote innovation in technology and save energy. They provide grants and rewards to companies that incorporate green strategies in their production processes with a view of increasing market size. The development projects on infrastructure sponsored by state and federal governments also increase demand for modernized machinery.

Future Insights of the Market

The North America Machinery Market is expected to witness exciting developments in the near future. Emerging trends include the integration of artificial intelligence and IoT in machinery for real-time monitoring and predictive maintenance. There will be a greater emphasis on sustainable and eco-friendly machinery solutions. The market is also anticipated to benefit from growing investments in infrastructure and increased automation in manufacturing processes, paving the way for new growth opportunities.

Market Segmentations By Countries

According to Ravi Bhandari, Research Head, 6Wresearch, the United States is leading the growth within the machinery market. The country's vast industrial base, robust construction activities, and continuous advancements in agricultural technology are driving this expansion. Additionally, substantial investments in mining and renewable energy projects contribute significantly to the market's growth.

Market Segmentations By Type

Among the various types of machinery, the Industrial Machinery segment is experiencing the fastest growth in North America. This segment's rise is fueled by increasing automation and digitization across manufacturing processes, a surge in demand for high-precision equipment, and the need for efficient production lines to meet escalating consumer demands.

Market Segmentations By Distribution Channel

E-commerce stands out as the fastest-growing distribution channel for machinery in North America. The convenience, extensive reach, and ability to offer a wide variety of machinery options online cater to businesses looking for efficient purchasing solutions. This trend is amplified by advances in supply chain management and logistics technologies, ensuring timely delivery and service.

Market Segmentations By Nature

Organic machinery is witnessing the most rapid growth within the North American market. Growing environmental awareness and stringent regulations are pushing businesses to adopt eco-friendly machinery solutions. The preference for sustainable practices among consumers and businesses alike has accelerated the development and adoption of organic machinery, which includes equipment that is energy-efficient and made from sustainable materials.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • North America Machinery Market Outlook
  • Market Size of North America Machinery Market, 2024
  • Forecast of North America Machinery Market, 2031
  • Historical Data and Forecast of North America Machinery Revenues & Volume for the Period 2021 - 2031
  • North America Machinery Market Trend Evolution
  • North America Machinery Market Drivers and Challenges
  • North America Machinery Price Trends
  • North America Machinery Porter's Five Forces
  • North America Machinery Industry Life Cycle
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Agriculture, Construction, And Mining Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Industrial Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Commercial And Service Industry Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Ventilation for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Heating for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Air-Conditioning for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Commercial Refrigeration Equipment for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Agriculture, Construction, And Mining Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Industrial Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Commercial And Service Industry Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Ventilation for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Heating for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Air-Conditioning for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Commercial Refrigeration Equipment for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Agriculture, Construction, And Mining Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Industrial Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Commercial And Service Industry Machinery for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Ventilation for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Heating for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Air-Conditioning for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Commercial Refrigeration Equipment for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Distribution Channel for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Convenience Stores for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By E-Commerce for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Distribution Channel for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Convenience Stores for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By E-Commerce for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Distribution Channel for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Convenience Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By E-Commerce for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Nature for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Organic for the Period 2021 - 2031
  • Historical Data and Forecast of North America Machinery Market Revenues & Volume By Conventional for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Nature for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Organic for the Period 2021 - 2031
  • Historical Data and Forecast of United States Machinery Market Revenues & Volume By Conventional for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Nature for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Organic for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Machinery Market Revenues & Volume By Conventional for the Period 2021 - 2031
  • North America Machinery Market - Key Performance Indicators
  • North America Machinery Market - Import Export Trade Statistics
  • North America Machinery Market - Opportunity Assessment By Countries
  • North America Machinery Market - Opportunity Assessment By Type
  • North America Machinery Market - Opportunity Assessment By Distribution Channel
  • North America Machinery Market - Opportunity Assessment By Nature
  • North America Machinery Market - Top Companies Market Share
  • North America Machinery Market - Top Companies Profiles
  • North America Machinery Market - Comparison of Players in Technical and Operating Parameters
  • North America Machinery Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the following market segments

By Countries

  • United States
  • Canada

By Type

  • Agriculture, Construction, and Mining Machinery
  • Industrial Machinery
  • Commercial and Service Industry Machinery
  • Ventilation, Heating, Air-Conditioning, Commercial Refrigeration Equipment

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • E-Commerce
  • Others

By Nature

  • Organic
  • Conventional
North America Machinery Market (2025-2031): FAQs
Technological advancements, regulatory changes promoting sustainability, consumer preferences for automation, and investments in infrastructure projects.
High initial costs, economic factors like raw material price volatility, trade policies, and a shortage of skilled workforce.
Caterpillar Inc., John Deere, and General Electric.
Initiatives like the "Advanced Manufacturing Partnership" and the "Energy Efficiency Improvement Act" support market growth through grants and incentives.
The market outlook is positive with trends towards AI and IoT integration, sustainable solutions, and increased automation, despite challenges like raw material price volatility and skill shortages.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America Machinery Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America Machinery Market Revenues & Volume, 2021 & 2031F
3.3 North America Machinery Market - Industry Life Cycle
3.4 North America Machinery Market - Porter's Five Forces
3.5 North America Machinery Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 North America Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F
3.7 North America Machinery Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F
3.8 North America Machinery Market Revenues & Volume Share, By Nature, 2021 & 2031F
4 North America Machinery Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America Machinery Market Trends
6 North America Machinery Market, 2021 - 2031
6.1 North America Machinery Market, Revenues & Volume, By Type, 2021 - 2031
6.2 North America Machinery Market, Revenues & Volume, By Distribution Channel, 2021 - 2031
6.3 North America Machinery Market, Revenues & Volume, By Nature, 2021 - 2031
7 United States Machinery Market, 2021 - 2031
7.1 United States Machinery Market, Revenues & Volume, By Type, 2021 - 2031
7.2 United States Machinery Market, Revenues & Volume, By Distribution Channel, 2021 - 2031
7.3 United States Machinery Market, Revenues & Volume, By Nature, 2021 - 2031
8 Canada Machinery Market, 2021 - 2031
8.1 Canada Machinery Market, Revenues & Volume, By Type, 2021 - 2031
8.2 Canada Machinery Market, Revenues & Volume, By Distribution Channel, 2021 - 2031
8.3 Canada Machinery Market, Revenues & Volume, By Nature, 2021 - 2031
9 North America Machinery Market Key Performance Indicators
10 North America Machinery Market - Opportunity Assessment
10.1 North America Machinery Market Opportunity Assessment, By Countries, 2021 & 2031F
10.2 North America Machinery Market Opportunity Assessment, By Type, 2021 & 2031F
10.3 North America Machinery Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F
10.4 North America Machinery Market Opportunity Assessment, By Nature, 2021 & 2031F
11 North America Machinery Market - Competitive Landscape
11.1 North America Machinery Market Revenue Share, By Companies, 2024
11.2 North America Machinery Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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