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Industrial machinery markets projected to grow through 2031
Market Research Center Co., Ltd. has released several reports detailing the global market outlook for specialized industrial machinery through 2031.
The emulsification equipment market is projected to grow from $1.044 billion in 2024 to $1.703 billion by 2031, driven by demand in the food, pharmaceutical, and cosmetic sectors. This growth is supported by a need for high-quality mixing processes for products like mayonnaise, skincare, and medicines.
In the field of surface treatment, the automatic dipping coating equipment market is expected to expand from $1.398 billion in 2024 to $2.747 billion by 2031. This sector is fueled by requirements for high-precision thin films in optics, medical devices, and semiconductors. The integration of industrial internet and intelligent manufacturing is noted as a significant growth driver.
Additionally, the cylindrical grinding machine market is forecasted to grow from $471 million in 2024 to $587 million by 2031. This steady growth is attributed to the increasing demand for precision machining in the automotive, aerospace, and electronic industries.