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IIR's Industrial Spending Forecast is an indispensable source to support your strategy & planning
04
How much demand
will there be for our
equipment & services?
01
How is Capex
& Maintenance
Spending
trending over
the next 5YRs?
02
Where & when
are the peaks &
troughs being
predicted?
03
Which other
Industries,
Sectors &
Geographies
should be on your radar?
Our forecast model is unique in that it utilizes over 40 years of historical project and plant data, on top of current and future planned projects being actively tracked.
Key Highlights
3.9%
5YR Historical CAGR
$3.593 Billion
2023 Forecasted
-4.4%
5YR Forecasted CAGR
$3.5955 Billion
2024 Forecasted
Chemical Processing and Alternative Fuels showing 27% and 17% increase in 2024 forecasted spending. Petroleum Refining forecasted a 2.4% increase for this year.
Off-the-Shelf Forecasts
Geographies: Global & by-country
Industries: 12 Industries
Analysis: Capital & Maintenance projects
Updated Frequency: Quarterly
5 YR Forecast Cost: $7,900
1 YR Forecast Cost: $595
Industries Covered
Customizations
Our 5YR forecast can be further customized to align with your target markets and specific needs and requirements.
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