Machinery Demand Forecasting: Mapping Future Requirements Across Applications and Equipment Classes
Machinery demand rarely moves as one market. A new factory may require several equipment classes, while an established plant may generate demand through replacement, modernization, capacity expansion, or automation. Forecasting therefore requires more than applying an industry growth rate to historical machinery sales. The more useful question is where future equipment requirements will emerge, which applications will create them, and whether the demand represents new capacity, replacement deman
