5.8.8.3Vertical

Process Equipment & Pressure Vessels

Manufacturers of industrial process vessels, heat exchangers, and reactors.

Market snapshot

These figures describe Industrial Equipment & Machinery (5.8.8), the segment that Process Equipment & Pressure Vessels sits within — not Process Equipment & Pressure Vessels on its own.

FragmentationConsolidatingEstimate

Profiled and sized under the dedicated Heavy & Industrial Equipment Manufacturing sector (NAICS 333 machinery); not separately sized here to avoid double-counting.

Business model & economics

Revenue model

Equipment sales plus aftermarket parts and service

Key economics

Recurring revenue
Moderate–High

recurring aftermarket and service

EBITDA margin
Cyclical equipment; richer aftermarket
Capex intensity
High

Characteristics

  • Mature, cyclical capital-goods industry.
  • Aftermarket and service the recurring layer.
  • Fully profiled under Heavy & Industrial Equipment Mfg.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMississippiMontanaNew HampshireNew YorkOregonTennesseeUtahVirginiaWashingtonNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandIndianaMichiganOhioWisconsin

Industrial equipment and machinery manufacturing concentrates in the Great Lakes belt — Michigan, Wisconsin, Ohio, and Indiana — the historic core of U.S. capital-goods production.

MichiganWisconsinOhioIndiana

U.S. Census Bureau — 2022 County Business Patterns (establishments by state), NAICS 333. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Global equipment OEMs
  • PE-backed industrial platforms
  • Component consolidators

What’s driving deals

  • Aftermarket and technology acquisition.
  • Automation and electrification.
  • See the Heavy & Industrial Equipment sector.

Find Process Equipment & Pressure Vessels acquisition targets

Search Acquisera’s index for companies classified under Process Equipment & Pressure Vessels (5.8.8.3) and build a targeted deal pipeline.

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