Global Equipment as a Service
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Equipment as a Service market size was USD 1,112.02 Million in 2022 and it is forecasted to reach USD 23,853.08 Million by 2030. Equipment as a Service Industry's Compound Annual Growth Rate will be 46.7% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Equipment as a Service market size was USD 1,112.02 Million in 2022 and it is forecasted to reach USD 23,853.08 Million by 2030. Equipment as a Service Industry's Compound Annual Growth Rate will be 46.7% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Equipment as a Service Market Sales Revenue 2022 | $ 1112.02 Million |
Global Equipment as a Service Market Sales Revenue 2030 | $ 23853.1 Million |
Global Equipment as a Service Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 46.7% |
Market Split by Equipment |
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Market Split by End-Use |
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Market Split by Financing Models |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Equipment as a Service industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Equipment as a Service Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Equipment as a Service (EaaS) is a business model in which companies offer equipment or machinery to customers as a service rather than selling it outright. In this model, the consumer pays a regular fee for the use of the equipment, and the service provider is responsible for maintaining and repairing the equipment as needed.
The Global Equipment as a Service Market is becoming popular among a variety of industries due to its benefits to both customers and service providers. Equipment as a Service enables customers to avoid large upfront capital expenditures for equipment purchases and increases flexibility. These are some of the factors supporting the growth of the Global Equipment as a Service Market.
Moreover, increasing demand for equipment, and advancements in technology such as the Internet of Things (IoT) and cloud computing, have made it easier to manage and monitor equipment remotely. This has enabled service providers to offer more sophisticated EaaS solutions. Overall, the Global Equipment as a Service market is growing due to the increasing demand for equipment, technological advancements, sustainability concerns, increased flexibility, and improved cash flow.
We have various report editions of Equipment as a Service Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In June 2022, ISTMA Global Partner DMG MORI launched PAYZR, making the entry into the market of data-based business models of subscription and pay-per-use.
Top Companies Market Share in Equipment as a Service Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America dominated the Global Equipment as a Service market in the year 2022 owing to the growing construction sector, technological advancements, and the presence of large a number of players. Furthermore, the Asia Pacific region is expected to register significant growth during the forecast period. This is attributed to the increasing spending on construction activities, improvement in digitalization, and increasing awareness of the Global Equipment as a Service market.
The current report Scope analyzes Equipment as a Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Equipment as a Service Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Equipment as a Service Industry growth. Equipment as a Service market has been segmented with the help of its Equipment, End-Use Financing Models, and others. Equipment as a Service market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The laser cutting machine equipment segment held the major share of the Equipment as a Service market. This is attributed to the high cost of laser-cutting machines, for which the companies are focusing on implementing the Equipment as a Service model for cost-cutting, which is driving the market growth.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Equipment as a Service Industry. Request a Free Sample PDF!
Based on End Use, the construction segment held the major share owing to growing infrastructure and urbanization globally.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Equipment as a Service market report 2024 Edition by contacting our team.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
As a research analyst, Swasti brings a unique blend of analytical prowess and strategic thinking to the table. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations. Her passion lies in leveraging data-driven approaches to guide decision-making and drive organizational success.
I played a central role in market research endeavors and competitive analysis. I have a demonstrated ability to leverage diverse data sources, employing advanced analytics tools to discern patterns and trends. My collaborative approach facilitated effective communication of insights, fostering a culture of data-driven decision-making within the organization. I am committed to continuous professional development, actively seeking opportunities for skill enhancement through workshops, industry conferences, and staying abreast of emerging trends in research methodologies.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Equipment as a Service Market is witnessing significant growth in the near future.
In 2023, the Air Compressor segment accounted for noticeable share of global Equipment as a Service Market and is projected to experience significant growth in the near future.
The Manufacturing segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Heidelberger Druckmaschinen, Kaeser Compressors and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Equipment | Air Compressor, Pump, Power Tools, Ground Power Units, laser cutting machines, Printing Machines, CNC machines, Material handling system, Packaging Machine, Excavators, Cranes, Others |
End-Use | Manufacturing, Construction, Material Handling, Packaging, Mining |
Financing Models | Subscription-Based, Outcome-Based |
List of Competitors | Heidelberger Druckmaschinen, Aluvation, Kaeser Compressors, Gothaer, Marlin Capital, Heller, Microsoft, PTC, Relayr, Siemens, Rolls Royce, SAP, TCS, T Systems |
This chapter will help you gain GLOBAL Market Analysis of Equipment as a Service. Further deep in this chapter, you will be able to review Global Equipment as a Service Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Equipment as a Service Market Trends North America Equipment as a Service Technological Road Map North America Equipment as a Service Market Drivers North America Equipment as a Service Market Restraints North America Equipment as a Service Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Equipment Analysis 2019 -2031, will provide market size split by Equipment. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Equipment Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-Use Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Financing Models Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Equipment as a Service market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Air Compressor have a significant impact on Equipment as a Service market? |
What are the key factors affecting the Air Compressor and Pump of Equipment as a Service Market? |
What is the CAGR/Growth Rate of Manufacturing during the forecast period? |
By type, which segment accounted for largest share of the global Equipment as a Service Market? |
Which region is expected to dominate the global Equipment as a Service Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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