Other commercial and service industry machinery manufacturing industry
comprises of establishments mainly involved in manufacturing commercial and
service industry equipment, such as amusement park rides, water treatment
equipment, vending machines, commercial cooking equipment, and commercial
washing machines.
The global other commercial and service industry machinery
manufacturing market was valued at $93.6 billion in 2017. Asia Pacific was the
largest geographic region in the market, accounting for nearly 54% of the
global market share. This can be attributed to the region’s large manufacturing
base demanding these machines and parts, and in part to high government
spending in emerging countries on research in the field of astronomy and
military. North America was the second largest region accounting for around
one-fifth of the market share. South America was the smallest region accounting
for less than 1% of the market. This was mainly due to lack of a large
manufacturing base relative to other markets and limited modern infrastructure
and government support for consumption of commercial machinery.
The other commercial and service industry machinery manufacturing was split into: photographic and photocopying equipment manufacturing and optical instrument and lens manufacturing.
The other commercial and service industry machinery manufacturing was split into: photographic and photocopying equipment manufacturing and optical instrument and lens manufacturing.
China was the largest country in the market, accounting for nearly
one-fourth of the global other commercial and service industry machinery
manufacturing market share. China was followed by India and Japan as the next
largest countries in the market.
The top five competitors in the market
are: Casio, Texas Instrument, Washtec, Ainsworth Game Technology, and Lockheed
Martin. Casio Computer Co., Ltd. is a Japanese multinational
consumer electronics
and commercial electronics manufacturing company
headquartered in Shibuya,
Tokyo,
Japan.
Its products include calculators,
mobile phones,
digital cameras,
electronic musical instruments,
and digital watches.
About The Business
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