The growth of aerospace industry has increased at a rapid pace over the past few years, which can be attributed to the rising disposable income, particularly in developing countries. Moreover, technological advancements in the industry are further resulting in its expansion. According to the International Air Transport Association, the number of passengers opting for air travel is predicted to double from 2018 to 2036, increasing to 7.8 billion each year.

There is no doubt about the fact that the components in the aircraft industry are of a critical nature and need to be prepared with utmost care and certainty. Attributed to this, metal finishing equipment are extensively used in the aerospace industry to make sure that the integrity of the components of aircrafts is top-notch. Under the metal finishing process, a metal coating is done over a metallic surface for different purposes, including enhancing appearance, making the surface resistant to chemicals, corrosion, wear, and tarnish, improving hardness, and modifying conductivity of the substrate. Therefore, due to the expansion of the aerospace industry, the demand for metal finishing equipment is also growing.

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Geographically, Asia-Pacific emerged as the largest metal finishing equipment market in the past instead of North America, due to the high demand for this equipment from the large-scale manufacturing sector in the region, particularly in countries including Japan, China, and India. In addition, the consumer electronics industry in Taiwan, South Korea, Japan, Malaysia, and China is growing swiftly as well, which is further projected to create high demand for metal finishing equipment in the coming years.

In conclusion, the advancement of the aerospace and automotive industries is resulting in the rising need for metal finishing equipment.