Product Code: GVR-4-68040-367-1
Grinding Machinery Market Size & Trends
The global grinding machinery market size was estimated at USD 5.63 billion in 2023 and is anticipated to grow at a CAGR of 4.3% from 2024 to 2030. The growing construction and automotive industry is expected to drive the market demand. The automotive industry demands high-precision components with tight tolerances and fine surface finishes for engine parts, transmission components, and chassis elements, driving the demand for precision grinding machines. Moreover, the aerospace industry requires components with the highest levels of quality, reliability, and safety, leading to a growing demand for grinding machines to machine complex aerospace components such as turbine blades, engine casings, and structural components.
The demand for grinding machinery is rising across various industries, driven by the need for precision components and the growth of sectors like automotive, aerospace, and construction. Grinding machines are highly valued for their precision, efficiency, and ability to automate industrial processes. They are widely used in aerospace, machinery manufacturing, and automotive industries, where tight tolerances and high-quality finishes are critical.
For instance, the automotive industry uses grinding machines extensively to manufacture components like brake cylinders, gear shafts, and brake pistons, ensuring the precise fitting required for these parts. Grinding machines are also essential for processing construction materials like concrete, stone, ceramics, and asphalt, as they enable the precise shaping and finishing of these materials.
Global Grinding Machinery Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global grinding machinery market based on type, application, and region:
- Type Outlook (Revenue, USD Billion, 2018 - 2030)
- Non-precision Grinder
Bench Grinder
Portable Grinder
Pedestal Grinder
Flexible Grinder
Cylindrical Grinding Machines
Surface Grinding Machines
Centre-less Grinding Machines
Tool and Cutter Grinding Machines
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Automotive
- Aerospace
- Medical
- Construction
- Industrial Manufacturing
- Electrical and Electronics
- Marine Industry
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Third Party Perspective
- 1.4.5. Information Analysis
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.5.2. Market Formulation & Data Visualization
- 1.5.3. Data Validation & Publishing
- 1.6. Research Scope and Assumptions
- 1.6.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Grinding Machinery Variables, Trends, & Scope
- 3.1. Market Concentration & Penetration Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Type Outlook
- 3.2.2. Application Outlook
- 3.2.3. Regional Outlook
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Drivers Analysis
- 3.5.2. Market Restraints Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Grinding Machinery Analysis Tools
- 3.6.1. Porter's Analysis
- 3.6.1.1. Bargaining power of the suppliers
- 3.6.1.2. Bargaining power of the buyers
- 3.6.1.3. Threats of substitution
- 3.6.1.4. Threats from new entrants
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Economic and Social landscape
- 3.6.2.3. Technological landscape
- 3.6.2.4. Environmental landscape
- 3.6.2.5. Legal landscape
- 3.7. Economic Mega Trend Analysis
Chapter 4. Grinding Machinery: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Grinding Machinery: Type Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Non-precision Grinder
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.2. Market Estimates and Forecasts, By Type, 2018 - 2030 (USD Billion)
- 4.4. Precision Grinder
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4.2. Market Estimates and Forecasts, By Type, 2018 - 2030 (USD Billion)
Chapter 5. Grinding Machinery: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Grinding Machinery: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Automotive
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Aerospace
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Medical
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Construction
- 5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Industrial Manufacturing
- 5.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.8. Electrical and Electronics
- 5.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.9. Marine Industry
- 5.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.10. Others
- 5.10.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Grinding Machinery: Region Estimates & Trend Analysis
- 6.1. Grinding Machinery Share, By Region, 2023 & 2030 (USD Billion)
- 6.2. North America
- 6.2.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.2.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.2.4. U.S.
- 6.2.4.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.2.4.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.2.5. Canada
- 6.2.5.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.5.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.2.5.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.2.6. Mexico
- 6.2.6.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.6.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.2.6.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.3.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.3.4. UK
- 6.3.4.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.3.4.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.3.5. Germany
- 6.3.5.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.5.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.3.5.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.3.6. France
- 6.3.6.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.6.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.3.6.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.3.7. Italy
- 6.3.7.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.7.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.3.7.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.3.8. Spain
- 6.3.8.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.8.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.3.8.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.4.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.4.4. China
- 6.4.4.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.4.4.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.4.5. India
- 6.4.5.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.5.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.4.5.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.4.6. Japan
- 6.4.6.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.6.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.4.6.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.4.7. South Korea
- 6.4.7.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.7.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.4.7.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.4.8. Australia
- 6.4.8.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.8.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.4.8.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.5. Latin America
- 6.5.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.5.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.5.4. Brazil
- 6.5.4.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.4.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.5.4.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.5.5. Argentina
- 6.5.5.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.5.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.5.5.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.6. Middle East & Africa
- 6.6.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.6.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.6.4. South Africa
- 6.6.4.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.4.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.6.4.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.6.5. Saudi Arabia
- 6.6.5.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.5.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.6.5.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 6.6.6. UAE
- 6.6.6.1. Grinding Machinery Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.6.2. Grinding Machinery Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 6.6.6.3. Grinding Machinery Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis, 2023
- 7.5. Company Heat Map Analysis, 2023
- 7.6. Strategy Mapping
- 7.7. Company Profiles
- 7.7.1. Amada Machine Tools Co., Ltd
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Strategic Initiatives
- 7.7.2. DANOBAT
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Strategic Initiatives
- 7.7.3. ANCA Pty Ltd
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Strategic Initiatives
- 7.7.4. Junker
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Strategic Initiatives
- 7.7.5. Korber AG
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Strategic Initiatives
- 7.7.6. Fives
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Strategic Initiatives
- 7.7.7. Rieter
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Strategic Initiatives
- 7.7.8. Saurer Intelligent Technology AG
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Strategic Initiatives
- 7.7.9. Murata Machinery USA, Inc.
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Strategic Initiatives
- 7.7.10. LAKSHMI MACHINE WORKS LIMITED
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.10.4. Strategic Initiatives
- 7.7.11. Trutzschler
- 7.7.11.1. Participant's Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Product Benchmarking
- 7.7.11.4. Strategic Initiatives
- 7.7.12. KIRLOSKAR TOYOTA TEXTILE MACHINERY PVT LTD.
- 7.7.12.1. Participant's Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Product Benchmarking
- 7.7.12.4. Strategic Initiatives
- 7.7.13. A.T.E. Private Limited
- 7.7.13.1. Participant's Overview
- 7.7.13.2. Financial Performance
- 7.7.13.3. Product Benchmarking
- 7.7.13.4. Strategic Initiatives
- 7.7.14. Itema S.p.A.
- 7.7.14.1. Participant's Overview
- 7.7.14.2. Financial Performance
- 7.7.14.3. Product Benchmarking
- 7.7.14.4. Strategic Initiatives
- 7.7.15. Marzoli Grinding Solutions
- 7.7.15.1. Participant's Overview
- 7.7.15.2. Financial Performance
- 7.7.15.3. Product Benchmarking
- 7.7.15.4. Strategic Initiatives
- 7.7.16. Savio Macchine Tessili S.p.A.
- 7.7.16.1. Participant's Overview
- 7.7.16.2. Financial Performance
- 7.7.16.3. Product Benchmarking
- 7.7.16.4. Strategic Initiatives
- 7.7.17. United Grinding North America
- 7.7.17.1. Participant's Overview
- 7.7.17.2. Financial Performance
- 7.7.17.3. Product Benchmarking
- 7.7.17.4. Strategic Initiatives
- 7.7.18. Mitsubishi Heavy Industries, Ltd
- 7.7.18.1. Participant's Overview
- 7.7.18.2. Financial Performance
- 7.7.18.3. Product Benchmarking
- 7.7.18.4. Strategic Initiatives