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Grinders (Grinding Machines) Market By Type (Non-Precision Grinder, Bench Grinder, Portable Grinder, Pedestal Grinder, Flexible Grinder, Precision Grinder, Cylindrical Grinding Machines, Surface Grinding Machines, Centre-less Grinding Machines, Tool and Cutter Grinding Machines); By Application (Automotive, Aerospace, Medical, Construction, Industrial Manufacturing, Electrical and Electronics, Marine Industry, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 97560 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Grinders (Grinding Machines) Market Size 2024 USD 4,743 million
Grinders (Grinding Machines) Market, CAGR 4.4%
Grinders (Grinding Machines) Market Size 2032 USD 8666.82 million

Market Overview

Grinders (Grinding Machines) Market size was valued at USD 4,743 million in 2024 and is anticipated to reach USD 8666.82 million by 2032, at a CAGR of 4.4% during the forecast period.

The Grinders (Grinding Machines) market is witnessing steady growth, driven by rising demand for high-precision components in automotive, aerospace, and manufacturing sectors. The increasing adoption of automation and advanced technologies, such as CNC grinding machines, enhances efficiency, accuracy, and repeatability, fueling market expansion. Growing investments in infrastructure projects and industrialization across emerging economies further boost the need for grinding machines. Market participants are focusing on product innovation, integrating smart features and energy-efficient solutions to address evolving industry requirements. Additionally, the trend towards lightweight and complex materials in various applications is propelling the adoption of advanced grinding solutions. However, the market faces challenges from high initial costs and the need for skilled operators. Despite these obstacles, ongoing technological advancements and the push for higher productivity and quality standards continue to create new opportunities, shaping the future trajectory of the Grinders (Grinding Machines) market.

The geographical analysis of the Grinders (Grinding Machines) Market highlights Asia Pacific as the leading region, driven by robust manufacturing activity and technological advancements in countries such as China, Japan, and India. Europe remains a strong contributor with its emphasis on high-quality engineering and precision machinery, especially in Germany and Italy. North America follows, benefiting from demand in aerospace, automotive, and medical sectors, with a notable presence in the United States and Canada. These regions exhibit diverse industry requirements and strong investment in automation and R&D. Key players in the Grinders (Grinding Machines) Market include AMADA MACHINERY CO., LTD., Danobat, and Junker, each recognized for their innovation, product range, and global reach. These companies drive competition and advance technological standards, ensuring reliable and efficient solutions for various end-user industries. Their continued focus on quality and customization supports sustained market leadership.

Market Insights

  • The Grinders (Grinding Machines) market is projected to grow from USD 4,743 million in 2024 to USD 8,666.82 million by 2032, with a CAGR of 4.4% during the forecast period.
  • Demand for high-precision components in automotive, aerospace, and manufacturing sectors continues to drive the need for advanced grinding solutions.
  • Integration of automation, CNC controls, and IoT-enabled features is transforming production efficiency and shaping industry trends toward smart manufacturing.
  • Key players such as AMADA MACHINERY CO., LTD., Danobat, and Junker focus on innovation, customization, and expanding their global presence to remain competitive.
  • High initial investment and the shortage of skilled labor act as restraints, especially for small and medium-sized enterprises considering technological upgrades.
  • Asia Pacific leads the global market, supported by strong industrial growth in China, Japan, and India, while Europe and North America follow due to established manufacturing sectors and technological advancements.
  • The market sees rising emphasis on sustainability, energy efficiency, and aftermarket digital support, as manufacturers respond to evolving industry standards and customer requirements.

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Market Drivers

Rising Demand for High-Precision Manufacturing Across Key Industries

The demand for high-precision components across automotive, aerospace, and electronics industries drives significant growth in the Grinders (Grinding Machines) Market. Manufacturers seek grinding machines to achieve tight tolerances and superior surface finishes, which traditional machining cannot deliver. This need intensifies with the production of complex parts, lightweight materials, and miniaturized components. The shift toward electric vehicles, advanced aircraft, and high-performance electronics has reinforced the importance of precision manufacturing. Grinding machines allow manufacturers to meet strict regulatory and quality standards. Their adoption supports the continuous innovation cycles of these industries, ensuring they remain competitive.

  • For instance, a survey by the International Organization of Motor Vehicle Manufacturers highlighted a substantial increase in the requirement for ultra-precise components to meet new efficiency and safety standards in automotive assembly lines.

Technological Advancements and Automation Fuel Market Expansion

Automation and integration of advanced control systems, such as CNC and robotics, accelerate productivity gains in the Grinders (Grinding Machines) Market. Modern grinding machines now feature intelligent sensors, real-time monitoring, and data-driven maintenance, reducing downtime and improving operational efficiency. Automation not only enhances throughput but also addresses the shortage of skilled labor. With the trend toward smart manufacturing and Industry 4.0, businesses increasingly invest in grinding equipment that aligns with digital transformation goals. The ability to automate complex grinding processes helps manufacturers scale production while maintaining consistent quality.

  • For instance, the Ministry of Heavy Industries in a recent report noted that companies implementing robotic automation in their machining processes recorded a measurable reduction in production errors and a notable improvement in equipment uptime.

Infrastructure Development and Industrial Growth in Emerging Economies

Rapid industrialization and large-scale infrastructure development in Asia Pacific, Latin America, and the Middle East drive demand for grinding machines. These regions experience robust investments in construction, transportation, and energy sectors, creating a need for advanced machining solutions. The Grinders (Grinding Machines) Market benefits as local manufacturers expand production capacity and upgrade existing facilities. Public and private sector projects increase procurement of durable and efficient grinding equipment. This trend ensures a steady pipeline of opportunities for market players, particularly in developing economies.

Focus on Product Innovation and Energy-Efficient Solutions

Continuous product innovation shapes the competitive landscape of the Grinders (Grinding Machines) Market. Manufacturers invest in R&D to introduce machines with higher efficiency, lower energy consumption, and improved precision. End-users increasingly prefer energy-efficient models to reduce operational costs and comply with stricter environmental regulations. Smart features, including IoT-enabled diagnostics and predictive maintenance, have become differentiators in purchase decisions. Product upgrades address evolving customer requirements, strengthening brand loyalty and market presence. It supports sustainable growth by enabling businesses to meet quality and sustainability targets.

Market Trends

Adoption of Automation and Digital Technologies Transforms Operational Efficiency

The Grinders (Grinding Machines) Market sees rapid adoption of automation and digital technologies, transforming operational efficiency across manufacturing environments. Manufacturers incorporate advanced CNC controls, robotic arms, and IoT-enabled sensors to optimize grinding processes and reduce human intervention. These digital solutions enable real-time data analysis, predictive maintenance, and seamless integration with other production systems. It improves overall productivity, reduces downtime, and extends the lifecycle of grinding equipment. Automation helps address workforce shortages and supports the shift toward lights-out manufacturing. Businesses that invest in such technologies achieve higher consistency in quality and meet evolving customer expectations.

  • For instance, data from the U.S. Bureau of Labor Statistics shows that facilities integrating IoT-based predictive maintenance in grinding operations experienced a reduction in unplanned equipment failures and maintenance costs.

Growth in Customization and Application-Specific Solutions

Market participants respond to rising customer demand for tailored solutions by developing application-specific grinders and offering customization options. The Grinders (Grinding Machines) Market sees an expansion of product portfolios, with machines designed for precise requirements in medical devices, aerospace parts, or advanced electronics. Customers value machines that address unique materials, component geometries, and operational challenges. Manufacturers differentiate themselves by providing modular configurations, specialized abrasives, and flexible programming features. It enables end-users to optimize their processes, improve throughput, and maximize return on investment. Customization trends continue to redefine the market’s competitive landscape.

  • For instance, a survey by the European Association of Machine Tool Industries reported a marked increase in requests for grinders with custom programming, modular add-ons, and specialized abrasive systems to support new medical device designs and next-generation electronic assemblies.

Sustainability and Energy Efficiency Become Central Priorities

Sustainability emerges as a key trend, with companies in the Grinders (Grinding Machines) Market focusing on developing energy-efficient models and environmentally friendly manufacturing processes. Manufacturers prioritize low-emission technologies, resource conservation, and reduced waste in equipment design. Energy-efficient machines help customers lower operational costs and achieve regulatory compliance. Sustainable practices now influence procurement policies and investment decisions. It positions manufacturers that invest in green technologies as preferred partners for environmentally conscious clients. The market aligns with global sustainability goals by advancing cleaner production methods.

Expansion of Aftermarket Services and Digital Support Platforms

Aftermarket services and digital support platforms gain traction, shaping customer experience and long-term equipment value in the Grinders (Grinding Machines) Market. Providers offer remote diagnostics, predictive maintenance, and online training to support end-users throughout the machine lifecycle. Access to real-time technical assistance and spare parts ordering improves machine uptime and customer satisfaction. Digital platforms create new revenue streams and help manufacturers build stronger client relationships. It enhances the overall service ecosystem and reinforces brand loyalty. This trend underscores the market’s shift toward holistic, technology-driven customer support.

Market Challenges Analysis

High Initial Investment and Operational Costs Restrain Widespread Adoption

The Grinders (Grinding Machines) Market faces challenges related to high initial investment and ongoing operational costs, which can deter small and medium-sized enterprises from adopting advanced grinding solutions. Procurement of sophisticated grinding machines requires substantial capital, often leading to longer payback periods for end-users. Maintenance, tooling, and energy consumption contribute to the overall expense, raising concerns about cost efficiency for budget-conscious businesses. Fluctuating raw material prices further impact the affordability of these machines. It creates barriers for new market entrants and slows the pace of modernization among established manufacturers. Companies must carefully assess return on investment before committing to large-scale upgrades.

  • For instance, fluctuating raw material prices have a direct impact on the affordability of these machines, making cost efficiency a major concern for budget-conscious businesses.

Shortage of Skilled Labor and Complexity of Advanced Technologies

The shortage of skilled labor presents a significant challenge, especially with the growing integration of digital and automated technologies in the Grinders (Grinding Machines) Market. Operators need specialized training to handle modern grinding equipment, CNC controls, and automated systems. The complexity of advanced machines increases the risk of operational errors and production downtime if not managed by experienced professionals. Limited access to technical training programs in some regions exacerbates this skills gap. It slows the effective adoption of new technology and may reduce the operational efficiency gains that automation promises. The industry must invest in workforce development to bridge this critical gap.

Market Opportunities

Expansion into Emerging Markets and Industrial Sectors Fuels Growth Potential

Emerging markets present strong opportunities for the Grinders (Grinding Machines) Market, supported by rapid industrialization and rising investments in manufacturing infrastructure. Governments in Asia Pacific, Latin America, and Africa prioritize industrial growth, driving demand for advanced machining solutions. Manufacturers have the chance to establish a robust presence in these regions through localized production, distribution, and after-sales support. It enables companies to capture new customer segments and respond swiftly to local requirements. Growth in automotive, aerospace, and electronics industries further enhances the need for high-precision grinding machines. These expanding sectors offer a steady pipeline of projects and partnerships for market players.

Development of Smart, Sustainable, and Customizable Solutions Drives Innovation

Opportunities arise from developing smart, energy-efficient, and customizable grinding machines that align with global trends in automation and sustainability. End-users increasingly seek equipment with IoT integration, predictive maintenance, and flexible configuration to support diverse production needs. The Grinders (Grinding Machines) Market can leverage these trends by investing in R&D and forming collaborations with technology providers. It positions manufacturers as leaders in digital transformation and environmental responsibility. Offering solutions that address evolving quality standards and operational efficiency requirements creates a competitive edge. Continuous innovation opens new revenue streams and secures long-term client relationships.

Market Segmentation Analysis:

By Type:

the market divides into non-precision and precision grinders. Non-precision grinders include bench grinders, portable grinders, pedestal grinders, and flexible grinders. These machines find utility in basic material removal, sharpening, and light-duty finishing tasks. Non-precision grinders suit workshops and smaller manufacturing environments where high accuracy is not the primary concern. Their robust build and cost-effectiveness drive demand across smaller industries and maintenance sectors.

Precision grinders represent a more technologically advanced segment and include cylindrical grinding machines, surface grinding machines, centre-less grinding machines, and tool and cutter grinding machines. This segment addresses the requirements of industries demanding exact tolerances, fine finishes, and complex geometries. Precision grinders dominate high-end applications in automotive, aerospace, and medical device manufacturing, where reliability and consistency are essential. Their integration with CNC and automation technologies positions this segment for accelerated growth as manufacturers prioritize efficiency and quality.

By Application:

Application-wise, the Grinders (Grinding Machines) Market finds strong traction in the automotive sector, where it supports the production of engine components, gears, and other critical parts requiring tight tolerances. Aerospace manufacturers rely on advanced grinders to achieve high standards in turbine blades, landing gear, and precision assemblies. The medical industry demands ultra-precise grinders for surgical instruments and implants, emphasizing accuracy and biocompatibility. Construction applications leverage grinding machines for surface preparation and tooling, while industrial manufacturing uses them across diverse tasks to ensure consistency and productivity. Electrical and electronics industries benefit from grinders in the fabrication of intricate parts, and the marine industry applies grinding solutions in shipbuilding and repair. Other emerging applications reflect the market’s adaptability to evolving industrial requirements.

Segments:

Based on Type:

    • Non-precision Grinder
      • Bench Grinder
      • Portable Grinder
      • Pedestal Grinder
      • Flexible Grinder
      • Precision Grinder
    • Precision Grinder
      • Cylindrical Grinding Machines
      • Surface Grinding Machines
      • Centre-less Grinding Machines
      • Tool and Cutter Grinding Machines

Based on Application:

    • Automotive
    • Aerospace
    • Medical
    • Construction
    • Industrial Manufacturing
    • Electrical and Electronics
    • Marine Industry
    • Others

Based on the Geography:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Russia
    • Belgium
    • Netherlands
    • Austria
    • Sweden
    • Poland
    • Denmark
    • Switzerland
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Thailand
    • Indonesia
    • Vietnam
    • Malaysia
    • Philippines
    • Taiwan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Peru
    • Chile
    • Colombia
    • Rest of Latin America
  • Middle East
    • UAE
    • KSA
    • Israel
    • Turkey
    • Iran
    • Rest of Middle East
  • Africa
    • Egypt
    • Nigeria
    • Algeria
    • Morocco
    • Rest of Africa

Regional Analysis

Asia Pacific

Asia Pacific dominates the Grinders (Grinding Machines) Market, holding a commanding market share of approximately 45% in 2024. Rapid industrialization, significant investments in manufacturing infrastructure, and a thriving automotive sector drive the region’s leadership position. China and Japan stand out as primary contributors, benefitting from a well-established machine tool industry and strong export orientation. India, South Korea, and Southeast Asian countries follow with ongoing expansion in aerospace, electronics, and construction industries. The presence of major manufacturing hubs and the adoption of advanced CNC and automated grinding machines accelerate market growth. Government initiatives to promote local production and technology upgrades further support expansion. As the need for high-precision components increases, Asia Pacific is expected to maintain its dominance, with local and international players investing in product innovation, capacity expansion, and strategic partnerships.

Europe

Europe accounts for around 27% of the Grinders (Grinding Machines) Market, supported by a strong tradition of engineering excellence and innovation. Germany, Italy, and Switzerland remain leading markets, supplying high-quality grinding equipment to domestic and export customers. The region’s focus on Industry 4.0, automation, and sustainable production techniques fuels the adoption of advanced grinding solutions. European manufacturers place strong emphasis on energy efficiency, digital integration, and custom machine development, catering to specialized needs in automotive, aerospace, and precision engineering sectors. Research and development investments keep European companies at the forefront of technology. The market also benefits from collaborations between equipment suppliers, research institutions, and end-users to address emerging industry requirements. Europe’s robust aftermarket services and comprehensive technical support enhance the value proposition for buyers, sustaining the region’s position in the global landscape.

North America
North America captures a market share of roughly 19%, driven by strong demand for grinding machines in aerospace, defense, medical device, and automotive industries. The United States remains the largest market, with Canada and Mexico contributing through their growing manufacturing bases. North American companies lead in technological innovation, often pioneering new applications in high-precision and automated grinding. Adoption of smart manufacturing practices and digital transformation strategies underpins market growth. Investment in research, training, and technical upgrades ensures operational efficiency and helps address skilled labor shortages. A well-developed distribution network and strong focus on customer service provide an added advantage. North America is expected to maintain steady growth through advanced applications and high-value projects in sectors demanding strict tolerances and regulatory compliance.

Latin America
Latin America accounts for approximately 5% of the global Grinders (Grinding Machines) Market, with market expansion closely tied to infrastructure projects and local industrial development. Brazil and Mexico lead regional growth, supported by increased investment in construction, mining, and automotive sectors. Governments prioritize modernization of manufacturing facilities and encourage technology adoption, opening opportunities for grinding machine suppliers. While the region faces challenges such as limited skilled labor and fluctuating economic conditions, ongoing public and private sector investments drive gradual improvement. Partnerships with global players and expansion of distribution networks further support growth. The market outlook for Latin America remains positive, particularly as local production and export potential improve.

Middle East and Africa
The Middle East and Africa collectively hold around 4% market share in the Grinders (Grinding Machines) Market, supported by ongoing efforts to diversify economies and build advanced manufacturing capabilities. The Gulf Cooperation Council (GCC) countries invest in infrastructure, energy, and industrial projects, fueling demand for high-quality grinding machines. South Africa, Nigeria, and Egypt drive growth in the African subcontinent, leveraging opportunities in mining, transportation, and construction. Regional governments introduce policies to attract foreign investment, enhance skill development, and promote technology transfer. The market in these regions remains at a developing stage but shows strong potential for future expansion. Strategic partnerships and investment in local support services help overcome operational challenges and improve adoption rates.

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Key Player Analysis

  • Murata Machinery USA
  • Danobat
  • LMW Limited
  • ANCA
  • Fives
  • Saurer Intelligent Technology AG
  • Junker
  • Trützschler Group SE
  • AMADA MACHINERY CO., LTD.
  • Rieter
  • Körber AG

Competitive Analysis

The competitive landscape of the Grinders (Grinding Machines) Market features prominent players such as AMADA MACHINERY CO., LTD., Danobat, Junker, ANCA, Körber AG, Fives, Rieter, Saurer Intelligent Technology AG, Murata Machinery USA, LMW Limited, and Trützschler Group SE. These companies lead the market through a combination of technological innovation, extensive product portfolios, and strategic global expansion. Leading manufacturers focus on integrating advanced automation, digital controls, and smart features into their grinding solutions to meet the evolving demands of industries such as automotive, aerospace, and precision engineering. Companies compete on the basis of technology leadership, reliability, customization capabilities, and comprehensive aftersales support. Continuous investment in research and development ensures that new product introductions address higher productivity, energy efficiency, and increasingly complex machining requirements. Market participants also seek to strengthen their positions through partnerships, acquisitions, and regional expansion strategies, allowing them to access new customer segments and adapt to local industry needs. Competitive differentiation is driven by the ability to deliver high-performance machines that support consistent quality, operational efficiency, and the unique needs of each application. The market remains dynamic, with companies adapting to new trends and customer expectations to maintain their leadership.

Recent Developments

  • In August 2024, Coventry-based Advanced Grinding Solutions (AGS) partnered with Spanish manufacturer Danobat to promote its range of internal, external, and multi-tasking grinding machines in the UK. The collaboration, initiated at the Mach show and formalized at the BIEMH exhibition, expands AGS’s offerings, particularly with Danobat’s high-precision solutions for large parts. Danobat’s global presence and extensive machine capabilities enhance AGS’s portfolio, enabling it to provide a wider range of grinding solutions to UK and Irish customers.
  • In May 2024, UNITED GRINDING, a leading manufacturer of grinding machinery, launched two innovative products, namely HELITRONIC VISION 400 L and HELICHECK PLUS, to enhance automation and productivity in the tool-grinding industry. HELITRONIC VISION 400 L is a tool-grinding machine that offers advanced capabilities. HELICHECK PLUS is a fully automatic measuring machine, which is part of the “Automated Tool Production” (ATP) system. The launch of these new products demonstrates the company’s commitment to providing advanced grinding machinery that improves efficiency, productivity, and automation in tool manufacturing applications.
  • In February 2024, Nidec Machine Tool Corporation, a subsidiary of Nidec Corporation, revealed the creation of the world’s first high-precision polishing technique for mass-producing internal gears used in automotive drive units, transmissions, and robotic joints. While advanced polishing methods for external gears in mass production already exist, Nidec’s innovation tackles the challenge of achieving the necessary accuracy and efficiency for internal gears, a task that traditional grinding, honing, or skiving methods have struggled to accomplish.
  • In February 2024, Koyo Machinery USA, a prominent supplier of precision grinding machines, was integrated into JTEKT Machinery’s range of products, services, and customer support operations as part of JTEKT’s global brand consolidation strategy. This merger formally incorporated Koyo into JTEKT’s operational infrastructure, thereby expanding its customer support, service responsiveness, spare parts availability, engineering resources, and machine rebuild capabilities and enhancing the value and benefits offered to customers across the U.S.

Market Concentration & Characteristics

The Grinders (Grinding Machines) Market demonstrates moderate concentration, with several established global and regional manufacturers shaping the competitive landscape. It features a mix of large multinational companies and specialized firms, each offering a broad range of products tailored to various industrial requirements. The market reflects strong emphasis on technological advancement, automation, and product customization, enabling suppliers to address evolving precision and productivity needs across automotive, aerospace, and industrial manufacturing sectors. Entry barriers remain high due to significant capital investment and technical expertise required for advanced grinding solutions. It continues to witness steady innovation, with participants introducing energy-efficient, digitally integrated, and smart-featured machines. The market favors suppliers who can deliver high reliability, comprehensive service support, and the flexibility to adapt solutions to changing industry standards.

Report Coverage

The research report offers an in-depth analysis based on Type, Application and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The market is projected to grow steadily, driven by increasing demand for high-precision components across various industries.
  2. Integration of advanced technologies such as CNC controls and IoT-enabled features is enhancing operational efficiency and product quality.
  3. Adoption of Industry 4.0 practices is leading to the development of smart grinding machines with real-time monitoring and predictive maintenance capabilities.
  4. Emerging economies are investing in manufacturing infrastructure, creating new opportunities for market expansion.
  5. The automotive sector’s shift towards electric vehicles is increasing the need for precision grinding of specialized components.
  6. Advancements in abrasive materials are enabling grinding machines to handle a wider range of materials with improved efficiency.
  7. Environmental regulations are prompting manufacturers to develop energy-efficient and sustainable grinding solutions.
  8. The medical industry’s demand for intricate and precise components is fostering innovation in micro-grinding technologies.
  9. Collaborations between machine tool manufacturers and software developers are resulting in more integrated and user-friendly systems.
  10. Continuous research and development efforts are expected to lead to the introduction of more versatile and high-performance grinding machines.

1. Introduction  

1.1. Report Description

1.2. Purpose of the Report

1.3. USP & Key Offerings

1.4. Key Benefits for Stakeholders

1.5. Target Audience

1.6. Report Scope

1.7. Regional Scope

2. Scope and Methodology  

2.1. Objectives of the Study

2.2. Stakeholders

2.3. Data Sources

2.3.1. Primary Sources

2.3.2. Secondary Sources

2.4. Market Estimation

2.4.1. Bottom-Up Approach

2.4.2. Top-Down Approach

2.5. Forecasting Methodology

3. Executive Summary  

4. Introduction  

4.1. Overview

4.2. Key Industry Trends

5. Global Grinders (Grinding Machines) Market  

5.1. Market Overview

5.2. Market Performance

5.3. Impact of COVID-19

5.4. Market Forecast

6. Market Breakup Based on Type  

6.1. Non-precision Grinder

6.1.1. Market Trends

6.1.2. Market Forecast

6.1.3. Revenue Share

6.1.4. Revenue Growth Opportunity

6.2. Bench Grinder

6.2.1. Market Trends

6.2.2. Market Forecast

6.2.3. Revenue Share

6.2.4. Revenue Growth Opportunity

6.3. Portable Grinder

6.3.1. Market Trends

6.3.2. Market Forecast

6.3.3. Revenue Share

6.3.4. Revenue Growth Opportunity

6.4. Pedestal Grinder

6.4.1. Market Trends

6.4.2. Market Forecast

6.4.3. Revenue Share

6.4.4. Revenue Growth Opportunity

6.5. Flexible Grinder

6.5.1. Market Trends

6.5.2. Market Forecast

6.5.3. Revenue Share

6.5.4. Revenue Growth Opportunity

6.6. Precision Grinder

6.6.1. Market Trends

6.6.2. Market Forecast

6.6.3. Revenue Share

6.6.4. Revenue Growth Opportunity

6.7. Cylindrical Grinding Machines

6.7.1. Market Trends

6.7.2. Market Forecast

6.7.3. Revenue Share

6.7.4. Revenue Growth Opportunity

6.8. Surface Grinding Machines

6.8.1. Market Trends

6.8.2. Market Forecast

6.8.3. Revenue Share

6.8.4. Revenue Growth Opportunity

6.9. Centre-less Grinding Machines

6.9.1. Market Trends

6.9.2. Market Forecast

6.9.3. Revenue Share

6.9.4. Revenue Growth Opportunity

6.10. Tool and Cutter Grinding Machines

6.10.1. Market Trends

6.10.2. Market Forecast

6.10.3. Revenue Share

6.10.4. Revenue Growth Opportunity

7. Market Breakup Based on Application  

7.1. Automotive

7.1.1. Market Trends

7.1.2. Market Forecast

7.1.3. Revenue Share

7.1.4. Revenue Growth Opportunity

7.2. Aerospace

7.2.1. Market Trends

7.2.2. Market Forecast

7.2.3. Revenue Share

7.2.4. Revenue Growth Opportunity

7.3. Medical

7.3.1. Market Trends

7.3.2. Market Forecast

7.3.3. Revenue Share

7.3.4. Revenue Growth Opportunity

7.4. Construction

7.4.1. Market Trends

7.4.2. Market Forecast

7.4.3. Revenue Share

7.4.4. Revenue Growth Opportunity

7.5. Industrial Manufacturing

7.5.1. Market Trends

7.5.2. Market Forecast

7.5.3. Revenue Share

7.5.4. Revenue Growth Opportunity

7.6. Electrical and Electronics

7.6.1. Market Trends

7.6.2. Market Forecast

7.6.3. Revenue Share

7.6.4. Revenue Growth Opportunity

7.7. Marine Industry

7.7.1. Market Trends

7.7.2. Market Forecast

7.7.3. Revenue Share

7.7.4. Revenue Growth Opportunity

7.8. Others

7.8.1. Market Trends

7.8.2. Market Forecast

7.8.3. Revenue Share

7.8.4. Revenue Growth Opportunity

8. Market Breakup by Region

8.1. North America

8.1.1. United States

8.1.1.1. Market Trends

8.1.1.2. Market Forecast

8.1.2. Canada

8.1.2.1. Market Trends

8.1.2.2. Market Forecast

8.2. Asia-Pacific

8.2.1. China

8.2.2. Japan

8.2.3. India

8.2.4. South Korea

8.2.5. Australia

8.2.6. Indonesia

8.2.7. Others

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Italy

8.3.5. Spain

8.3.6. Russia

8.3.7. Others

8.4. Latin America

8.4.1. Brazil

8.4.2. Mexico

8.4.3. Others

8.5. Middle East and Africa

8.5.1. Market Trends

8.5.2. Market Breakup by Country

8.5.3. Market Forecast

9. SWOT Analysis

9.1. Overview

9.2. Strengths

9.3. Weaknesses

9.4. Opportunities

9.5. Threats

10. Value Chain Analysis

11. Porters Five Forces Analysis

11.1. Overview

11.2. Bargaining Power of Buyers

11.3. Bargaining Power of Suppliers

11.4. Degree of Competition

11.5. Threat of New Entrants

11.6. Threat of Substitutes

12. Price Analysis

13. Competitive Landscape

13.1. Market Structure

13.2. Key Players

13.3. Profiles of Key Players

13.3.1. Murata Machinery USA

13.3.1.1. Company Overview

13.3.1.2. Product Portfolio

13.3.1.3. Financials

13.3.1.4. SWOT Analysis

13.3.2. Danobat

13.3.2.1. Company Overview

13.3.2.2. Product Portfolio

13.3.2.3. Financials

13.3.2.4. SWOT Analysis

13.3.3. LMW Limited

13.3.3.1. Company Overview

13.3.3.2. Product Portfolio

13.3.3.3. Financials

13.3.3.4. SWOT Analysis

13.3.4. ANCA

13.3.4.1. Company Overview

13.3.4.2. Product Portfolio

13.3.4.3. Financials

13.3.4.4. SWOT Analysis

13.3.5. Fives

13.3.5.1. Company Overview

13.3.5.2. Product Portfolio

13.3.5.3. Financials

13.3.5.4. SWOT Analysis

13.3.6. Saurer Intelligent Technology AG

13.3.6.1. Company Overview

13.3.6.2. Product Portfolio

13.3.6.3. Financials

13.3.6.4. SWOT Analysis

13.3.7. Junker

13.3.7.1. Company Overview

13.3.7.2. Product Portfolio

13.3.7.3. Financials

13.3.7.4. SWOT Analysis

13.3.8. Trützschler Group SE

13.3.8.1. Company Overview

13.3.8.2. Product Portfolio

13.3.8.3. Financials

13.3.8.4. SWOT Analysis

13.3.9. AMADA MACHINERY CO., LTD.

13.3.9.1. Company Overview

13.3.9.2. Product Portfolio

13.3.9.3. Financials

13.3.9.4. SWOT Analysis

13.3.10. Rieter

13.3.10.1. Company Overview

13.3.10.2. Product Portfolio

13.3.10.3. Financials

13.3.10.4. SWOT Analysis

13.3.11. Körber AG

13.3.11.1. Company Overview

13.3.11.2. Product Portfolio

13.3.11.3. Financials

13.3.11.4. SWOT Analysis

14. Research Methodology

 

Frequently Asked Questions

What is the current size of the Grinders (Grinding Machines) Market?

The market is valued at USD 4,743 million in 2024 and is expected to reach USD 8,666.82 million by 2032.

What factors are driving the growth of the Grinders (Grinding Machines) Market?

in infrastructure and industrial sectors.Growth is driven by rising demand for high-precision components, automation, and investments in infrastructure and industrial sectors.

What are some challenges faced by the Grinders (Grinding Machines) Market?

Challenges include high initial investment, operational costs, and a shortage of skilled labor.

Who are the major players in the Grinders (Grinding Machines) Market?

Major players include AMADA MACHINERY CO., LTD., Danobat, Junker, ANCA, Fives, and Körber AG.

About Author

Sushant Phapale

Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

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Gunakesh Parmar

Reviewed By
Gunakesh Parmar

Research Consultant

With over 15 years of dedicated experience in market research since 2009, specializes in delivering actionable insights from data.

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