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CNC Cylindrical Grinding Machines Market worth $2.27 billion by 2030, growing at a CAGR of 5.83% - Exclusive Report by 360iResearch
CNC Cylindrical Grinding Machines Market | 360iResearch
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CNC (Computer Numerical Control) cylindrical grinding machines are precision tools designed for shaping exterior surfaces of cylindrical and non-cylindrical objects through pre-programmed commands input via computer software, ensuring high accuracy and efficiency. Widely used in automotive, aerospace, defense, and manufacturing industries, they enhance productivity, reduce human error, and facilitate complex geometries crucial for high-quality component production. Applications include automotive parts such as engine components and gears, aerospace components like landing gear parts, surgical instruments and prosthetics in medical devices, precision tools in tool and die making, and precision weaponry in defense. End-users span automotive manufacturers, aerospace firms, defense contractors, medical device producers, and tool companies, with usage by both SMEs and large-scale industries. Key growth factors include technological advancements involving AI and Industrial IoT (IIoT) for precision and predictive maintenance, the transition to Industry 4.0 with interconnected smart factories, increased demand for precision engineering, and the evolution of electric vehicles (EVs) driving demand for precise components. Potential opportunities lie in the integration of AI and machine learning for self-correcting systems, IoT-enabled machines for real-time monitoring and maintenance optimization, customized solutions for specific industry needs, and expansion into emerging markets such as India, China, and Brazil. Challenges include high initial costs, a skill gap in operating advanced machinery, substantial maintenance costs, and rapid technological obsolescence requiring frequent upgrades. Innovation can focus on developing hybrid machines, enhancing software solutions for user-friendly interfaces and better CAD/CAM integration, adopting sustainable practices with eco-friendly materials, and integrating robotic systems for automated operations. The competitive market, driven by technological innovation and the need for high precision, presents significant growth opportunities in regions adopting advanced manufacturing and Industry 4.0 methodologies. Recommended strategies include investing in R&D for advanced capabilities, implementing workforce development programs to bridge the skill gap, forming strategic partnerships with tech companies, and diversifying product ranges to explore untapped markets.
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Market Segmentation & Coverage:
This research report categorizes the CNC Cylindrical Grinding Machines Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across CNC Centerless Cylindrical Grinding Machine, CNC External Cylindrical Grinding Machine, CNC Internal Cylindrical Grinding Machine, and CNC Universal Cylindrical Grinding Machine.
Based on Application, market is studied across Aerospace & Defense, Automotive, Electrical & Electronics, and Medical.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the CNC Cylindrical Grinding Machines Market, highlighting leading vendors and their innovative profiles. These include GP-Rundschleiftechnik GmbH, Zhejiang Quanshun Machine Tool Co., Ltd., Okuma Corporation, Wuxi Changyi Machine Tool Co., Ltd., Weihai Huadong Automation Co., Ltd., Hardinge, Inc., GERmh Grinding Solutions, United Grinding North America, Inc., Tengzhou Hoton Machinery Co., Ltd., Weingaernter Maschinenbau GmbH, Okamoto Machine Tool Works, Ltd., Sharp-Industries, Inc., Kent Industrial USA, Inc., Palmary Machinery Co., Ltd., Ziersch GmbH, Robi Group Srl, Junker Group, Nantong Guosheng Intelligence Technology Group, KAAST Machine Tools, Inc., ELB-Schliff Werkzeugmaschinen GmbH, Hagen & Goebel Werkzeugmaschinen GmbH, Maschinen Wagner Werkzeugmaschinen GmbH, SuperTech Machinery, Inc., Shanghai Machine Tool Works Ltd., Precision Tsugami (China) Corporation Limited, Lapmaster Wolters GmbH, Chevalier Machinery, Inc., Tengzhou Borui CNC Machine Tool Co,. Ltd., Lecn Anhui Co., Ltd., Weldon Solutions, Jainnher Machine Co., Ltd., and JTEKT Corporation.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. CNC Cylindrical Grinding Machines Market, by Type
7. CNC Cylindrical Grinding Machines Market, by Application
8. Americas CNC Cylindrical Grinding Machines Market
9. Asia-Pacific CNC Cylindrical Grinding Machines Market
10. Europe, Middle East & Africa CNC Cylindrical Grinding Machines Market
11. Competitive Landscape
12. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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