Press release
Global Grinding Machinery Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Grinding Machinery
What Is the Grinding Machinery Market Size and Projected Growth Rate?
The market size of grinding machinery has witnessed a potent surge in the previous years and will expand from $7.58 billion in 2024 to approximately $8.18 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. The robust growth during the historic period is primarily due to factors such as thriving economic conditions in emerging markets, a rise in construction activities, advancements in the aerospace industry, an upswing in automotive production, and intensified demand for machine tools.
The market size for grinding machinery is anticipated to exhibit robust expansion in the forthcoming years, reaching a value of $11.19 billion in 2029 with a CAGR of 8.1%. The projected growth in this period can be credited to factors such as rising urbanization, the expanding shipbuilding sector, and a surge in demand from the mining industry. Predominant trends anticipated during this forecast period encompass technological progress, automation strategies, the advent of robotic machinery, grinding solutions based on IIoT (Industrial Internet of Things) in the context of industry 4.0, innovative products, and strategic partnerships and collaborations.
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What Are the Major Segments in the Grinding Machinery Market?
The grinding machinery market covered in this report is segmented -
1) By Product: Angle Grinders, Bench Grinders, Belt Grinders, Wet Grinders, Die Grinders, Floor Grinders, Surface Grinders, CNC
2) By Application: Automotive, Transport Machinery, General Machinery, Precision Engineering, Other Applications
3) By Distribution: Online, Offline
Subsegments:
1) By Angle Grinders: Corded Angle Grinders, Cordless Angle Grinders
2) By Bench Grinders: Single-Speed Bench Grinders, Variable-Speed Bench Grinders
3) By Belt Grinders: Horizontal Belt Grinders, Vertical Belt Grinders
4) By Wet Grinders: Tabletop Wet Grinders, Commercial Wet Grinders
5) By Die Grinders: Pneumatic Die Grinders, Electric Die Grinders
6) By Floor Grinders: Concrete Floor Grinders, Polishing Floor Grinders
7) By Surface Grinders: Manual Surface Grinders, Automatic Surface Grinders
8) By CNC: CNC Cylindrical Grinders, CNC Tool And Cutter Grinders
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What Are The Driving Grinding Machinery Market Evolution?
The growth of the grinding machinery market is predicted to be driven by the rising prevalence of industrial automation. This encompasses the operation of machinery and industrial processes by systems like robotics, computer programming, and more. The rising integration of industrial automation is anticipated to amplify the requirement for grinding machinery, as novel machinery that aligns with automation software and systems will be essential. To illustrate, data from the Germany-based nonprofit, International Federation of Robotics, revealed that, in May 2023, there was a 12% increase in industrial robot installations in manufacturing, totaling 41,624 units compared to 2022. The sector that stood out in terms of adoption was the automotive industry, comprised largely of businesses in the US, Canada, and Mexico, where 20,391 units were installed. This was a 30% increase from 2021. Hence, the rise in industrial automation is predicted to propel the demand for grinding machinery during the estimated timeframe.
Which Firms Dominate The Grinding Machinery Market Segments?
Major companies operating in the grinding machinery market include Fanuc, JTEKT Corporation, DMG Mori, Amada Co. Ltd, Makino Milling Machine Co. Ltd, ANCA Pty Ltd, Junker Group, DANOBAT GROUP, Okuma Corporation, Gleason Corporation, Mitsubishi Heavy Industries Ltd, Koyo Machine Industries Co Ltd, Micromatic Grinding Technologies Pvt Ltd, Youil Grinding Machine Co. Ltd, Jiangsu Zhihe Intelligent Equipment Co. Ltd, Quanzhou DAFON Machinery Co. Ltd, Fujian RBT Intelligent Equipment Co. Ltd, Kingsbury, ELB-SCHLIFF Werkzeugmaschinen GmbH, Heinz Berger Maschinenfabrik GmbH & Co. KG, Sokar Mechanics, Grindaix GmbH, Sonicam SAS, Strausak AG, Netzsch, Sasta, UMAC LLC, PALMARY Machinery Co. Ltd, Srednevolgsky stankozavod Ltd, GRAFS Technology, Dialeks Trading Dariusz Lipinski, Gazela Mechanika Maszyn, SCORPION, Total Grinding Solutions, Gurmeet Machinery Corporation, Novovodolazkyi Abrasive, Delta Machine Srl, Falcon Machine Tools Co. Ltd, Hybrid Manufacturing Technologies, United Grinding North America, Grindmaster Equipment and Machines USA LLC, CS Unitec Inc, Bent River Machine, Macrodyne Technologies Inc, Weldon Solutions Inc, Rochester Abrasives Industries, Equipment Manufacturers International (EMI), WMW Machinery Company, KNUTH Machine Tools, LISSMAC, Schuler AG, Sandvik AB, Yamazaki Mazak Corporation, Flow International Corporation, EMAG Machine Tools, Midrand Grinders, B.C.F. Precision Grinding Works (pty) Ltd.
What Trends Are Expected to Dominate the Grinding Machinery Market in the Next 5 Years?
Leading entities within the grinding machinery industry are prioritizing the progression of Polish grinding techniques. These techniques aim to upgrade the load-bearing capabilities of gears, while reducing surface coarseness, resulting in less friction and a boost in efficiency for transmission systems. The term Polish grinding refers to the state-of-the-art machining processes that strive to boost the surface finish of the function parts, particularly precision components such as gears. For example, in February 2024, Nidec Machine Tool Corporation, the provider of grinding and polishing equipment based out of Japan, unveiled the global debut of a high-accuracy polishing technique for the mass-production of internal gears. These gears are vital components of automotive drive units and robotic joints. This groundbreaking method tackles common issues in gear quality, robustness, transmission efficiency and noise. This milestone highlights Nidec's dedication to escalating gear technology in response to the escalating demands for electrification and automation.
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Which Is The Largest Region In The Grinding Machinery Market?
Asia-Pacific was the largest region in the grinding machinery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the grinding machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Grinding Machinery Market?
2. What is the CAGR expected in the Grinding Machinery Market?
3. What Are the Key Innovations Transforming the Grinding Machinery Industry?
4. Which Region Is Leading the Grinding Machinery Market?
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