Though often outside of the consumer eye, industrial components are what make the world – and your business – go round. Freedonia understands that these components are much more than established commodities: they're critical products of their own, with market threats and opportunities, materials competition, and ongoing product development to improve their ability to help products and companies meet big goals such as automation, net-zero energy use, and traveling to Mars.
Though the COVID-19 pandemic caused global durable goods production to decline in 2020 and many of these industries remained weak into 2021, the outlook for many industrial components industries is expected to strengthen through 2026. Gains will be aided by increases in manufacturing activity, a rebound in international trade, and the expansion of the global distribution sector as well as the growing use of more advanced industrial components in the next generation of durable goods.
By incorporating state-of-the-art industrial components into their durable goods, manufacturers can greatly boost the performance, productivity, and/or efficiency of their products. In many instances, the use of advanced industrial components in the next generation of durable goods will dramatically increase product capability over those of currently available models.
Leading suppliers of durable goods are continuing to increase investment in technological innovation and product development as:
This report forecasts to 2023 and 2027 US metal stampings demand in nominal and real (inflation-adjusted) US dollars at the manufacturer level.
This report forecasts to 2023 and 2027 US manufacturers' shipments in nominal US dollars at the manufacturer level.
This report forecasts to 2026 global demand for vehicle sensors by type, market, and major world region in nominal US dollars at the manufacturer level.
Global demand for pumps is forecast to increase 5.1% per year to $97.9 billion in 2026.
Global demand for pumps in the water infrastructure market is forecast to increase 3.4% per year to $13.5 billion in 2026, driven by ongoing investment in utilities infrastructure in industrializing countries.
Demand for commercial indoor air quality equipment – including indoor air cleaning systems, mechanical ventilation systems, and replacement filters – is expected to grow 3.0% per year through 2025 to $1.2 billion.
Demand for indoor air filtration equipment – including central systems, local units, and replacement filters – is expected to grow 2.0% per year through 2025 to $1.8 billion from a high 2020 base.
This report forecasts to 2026 pump demand and production in nominal US dollars at the manufacturer level in Canada.
This report forecasts to 2026 pump demand and production in nominal US dollars at the manufacturer level in China.
This report forecasts to 2026 pump demand and production in nominal US dollars at the manufacturer level in Europe.