Over the past two years, this industry has experienced significant impacts and disruptions caused by the COVID-19 pandemic. However, the consistent replacement of traditional equipment with modern, automated, and efficient machinery is expected to drive the growth of this industry after the crisis comes to an end.

What’s included?

• Forecasts through the year 2024
• Management summary
• COVID-19 impact
• Industry financial numbers
• Trade flows
• Investment figures
• Selected top companies in the industry
• Research & development activities

Executive summary

• With US$1,253.4bn, Mainland China generated the highest revenue in 2021
• Asia’s exports of machinery and equipment products reached US$230 billion in 2021
• A wide range of tariffs is imposed on “machinery” and related products by Asian countries
• From 2017 to 2021, Asia’s share in global FDI flows increased by more than 8%
• With US$50 billion, South-East Asia had the highest value for cross-border M&A in 2021
• Mitsubishi Heavy Industries, Ltd. registered the largest revenue in 2021
• The number of employees in this industry increased by 42.92% from 2018 to 2020

Table of Contents
Introduction
Financial numbers
Trade
Investment
Companies
Employees and salaries
Research and development
Appendix

1. Introduction

2. Financial numbers

3. Trade

4. Investment

5. Companies

6. Employees and salaries

7. Research and development

8. Appendix

Source from Statista

The information set forth above is provided by Statista independently of Alibaba.com. Alibaba.com makes no representation and warranties as to the quality and reliability of the seller and products.