Process Equipment Market Size | Size, Share & Industry Forecast 2025

Q: How does 6W market outlook report help businesses in making decisions?

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.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA10481

Publication Date: Nov 2025

What is the size of Process Equipment Market?

According to 6Wresearch internal database and industry insights, the Global Process Equipment Market was valued at USD 46.8 Billion in 2024 and is expected to reach USD 61.9 Billion by 2031, growing at a compound annual growth rate of 16.80% during the forecast period (2025-2031).

The main drivers of this growth are the rising pace of industrialisation across manufacturing sectors, heightened adoption of automation and IoT-enabled systems, and increasing investments in efficient and sustainable processing machinery.

Growth Factors for Process Equipment Industry

Rising demand for efficient processing machines due to expansion of chemical and petrochemical plants.
Growing automation and digitalisation in manufacturing driving replacement of legacy equipment.
Increasing regulatory focus on energy efficiency and emissions prompting equipment upgrades.
Expansion of processing infrastructure in emerging markets boosting equipment installation.
Innovation in modular, compact and high-throughput equipment improving operational flexibility.

Process Equipment Market Trends

The Process Equipment Market trends reflect significant uptake of smart and connected equipment that enable predictive maintenance and real-time monitoring. Suppliers are increasingly offering modular, plug-and-play units with lower installation time and higher flexibility. There is also a shift towards equipment designed for sustainability and lower energy consumption, while end-users prioritise lifecycle cost and digital integration.

View Main Report

Schedule Analyst Call

Emerging Developments in the Process Equipment Market

The Process Equipment Market developments include the expansion of single-use and modular skids in pharmaceutical and biotech sectors, adoption of advanced materials such as high-nickel alloys for corrosive services, and use of digital twins in equipment design and monitoring. Equipment manufacturers are forming partnerships with software and data-analytics firms to deliver services beyond hardware, enabling subscribers to monitor performance and optimise maintenance.