Grinding Machinery Market Forecast, Trend And Competition Analysis by 2018- 2025

This report studies the Grinding Machinery market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A grinding machine, often shortened to grinder, is any of various power tools or machine tools used for grinding, which is a type of machining using an abrasive wheel as the cutting tool. Each grain of abrasive on the wheel's surface cuts a small chip from the workpiece via shear deformation.

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The increasing demand for grinding machines in aerospace applications will drive the growth prospects for the global grinding machinery market until the end of 2021. One of the major factors responsible for the growing demand for grinding machines in aircraft is its application in turbine rotors, shafts, fasteners, landing gear, and other parts to ensure quality and precision in various complex parts. The preference for grinding machines will further increase since they save time and help in manufacturing huge volumes of parts. With the increasing demand for new aircraft, the coming years will witness a rise in the demand for aircraft components, which will in turn, will spur the need for grinding machines.

APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecast period. The demand for grinding machinery from the automotive, aerospace, and shipbuilding industries is the major factor fueling the growth of the market in this region.

The global Grinding Machinery market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Grinding Machinery in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

AMADA MACHINE TOOLS

ANCA

DANOBAT

JUNKER

Autania

Fives

Gleason

JTEKT

Makino

Master Abrasives

OKUMA

STUDER

TAIYO KOKI

Toyoda Americas

By the product type, the market is primarily split into

General Machinery

Automotive Machinery

Precision Machinery

By the end users/application, this report covers the following segments

Automotive

Consumer Goods

Aerospace & Defense

Electrical & Electronics

Shipbuilding

Others

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This release was published on openPR.