Global Grinding Machinery Market 2024-2028

Global Grinding Machinery Market 2024-2028


The grinding machinery market is forecasted to grow by USD 1614.11 mn during 2023-2028, accelerating at a CAGR of 5.7% during the forecast period. The report on the grinding machinery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in global automotive industry, increase in manufacturing and industrialization, and increasing demand for good surface finish and aesthetics in components.

Technavio's grinding machinery market is segmented as below:

By Type
  • CNC grinding machine
  • Conventional grinding machine
By Application
  • Automotive
  • Industrial machinery
  • Precision machinery
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the integration of industry 4.0 solutions with grinding machines as one of the prime reasons driving the grinding machinery market growth during the next few years. Also, precision grinding machines gaining traction and increasing demand for tool and cutter grinding machines will lead to sizable demand in the market.

The report on the grinding machinery market covers the following areas:
  • Grinding machinery market sizing
  • Grinding machinery market forecast
  • Grinding machinery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading grinding machinery market vendors that include Amada Co. Ltd., ANCA Pty Ltd., DMG MORI Co. Ltd., Erwin Junker Maschinenfabrik GmbH, FALCON MACHINE TOOLS Co. Ltd., FIVES SAS, Hardinge Inc., JTEKT Machinery Americas Corp., Makino Inc., Mitsubishi Heavy Industries Ltd., MONDRAGON Corp., MTI Technology, Okuma Corp., Phillips Machine Tools India Pvt. Ltd., FFG European and American Holdings GmbH, Geo Kingsbury Machine Tools Ltd, KEHREN GmbH, Lecn Anhui Co., Ltd., Master Abrasives Ltd., and UNITED GRINDING North America, Inc.. Also, the grinding machinery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global grinding machinery market 2018 - 2022
      • Table Historic Market Size – Data Table on global grinding machinery market 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • CNC grinding machine - Market size and forecast 2023- 2028
      • Table Chart on CNC grinding machine - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on CNC grinding machine - Market size and forecast 2023-2028 ($ million)
      • Table Chart on CNC grinding machine - Year-over-year growth 2023-2028 (%)
      • Table Data Table on CNC grinding machine - Year-over-year growth 2023-2028 (%)
    • Conventional grinding machine - Market size and forecast 2023-2028
      • Table Chart on Conventional grinding machine - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Conventional grinding machine - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Conventional grinding machine - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Conventional grinding machine - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Automotive - Market size and forecast 2023-2028
      • Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • Industrial machinery - Market size and forecast 2023- 2028
      • Table Chart on Industrial machinery - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial machinery - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Industrial machinery - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Industrial machinery - Year-over-year growth 2023-2028 (%)
    • Precision machinery - Market size and forecast 2023- 2028
      • Table Chart on Precision machinery - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Precision machinery - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Precision machinery - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Precision machinery - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Italy - Market size and forecast 2023-2028
      • Table Chart on Italy - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Italy - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Italy - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growth in global automotive industry
      • Increase in manufacturing and industrialization
      • Increasing demand for good surface finish and aesthetics in components
    • Market challenges
      • High costs associated with grinding machines
      • Fluctuations in raw material prices
      • Shortage of skilled machinists
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Integration of Industry 4.0 solutions with grinding machines
      • Precision grinding machines gaining traction
      • Increasing demand for tool and cutter grinding machines
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Amada Co. Ltd.
      • Table Amada Co. Ltd. - Overview
      • Table Amada Co. Ltd. - Business segments
      • Table Amada Co. Ltd. - Key offerings
      • Table Amada Co. Ltd. - Segment focus
    • ANCA Pty Ltd.
      • Table ANCA Pty Ltd. - Overview
      • Table ANCA Pty Ltd. - Product / Service
      • Table ANCA Pty Ltd. - Key offerings
    • DMG MORI Co. Ltd.
      • Table DMG MORI Co. Ltd. - Overview
      • Table DMG MORI Co. Ltd. - Business segments
      • Table DMG MORI Co. Ltd. - Key offerings
      • Table DMG MORI Co. Ltd. - Segment focus
    • Erwin Junker Maschinenfabrik GmbH
      • Table Erwin Junker Maschinenfabrik GmbH - Overview
      • Table Erwin Junker Maschinenfabrik GmbH - Product / Service
      • Table Erwin Junker Maschinenfabrik GmbH - Key offerings
    • FALCON MACHINE TOOLS Co. Ltd.
      • Table FALCON MACHINE TOOLS Co. Ltd. - Overview
      • Table FALCON MACHINE TOOLS Co. Ltd. - Product / Service
      • Table FALCON MACHINE TOOLS Co. Ltd. - Key offerings
    • FIVES SAS
      • Table FIVES SAS - Overview
      • Table FIVES SAS - Business segments
      • Table FIVES SAS - Key offerings
      • Table FIVES SAS - Segment focus
    • Geo Kingsbury Machine Tools Ltd
      • Table Geo Kingsbury Machine Tools Ltd - Overview
      • Table Geo Kingsbury Machine Tools Ltd - Product / Service
      • Table Geo Kingsbury Machine Tools Ltd - Key offerings
    • Hardinge Inc.
      • Table Hardinge Inc. - Overview
      • Table Hardinge Inc. - Product / Service
      • Table Hardinge Inc. - Key offerings
    • JTEKT Machinery Americas Corp.
      • Table JTEKT Machinery Americas Corp. - Overview
      • Table JTEKT Machinery Americas Corp. - Product / Service
      • Table JTEKT Machinery Americas Corp. - Key offerings
    • Lecn Anhui Co., Ltd.
      • Table Lecn Anhui Co., Ltd. - Overview
      • Table Lecn Anhui Co., Ltd. - Product / Service
      • Table Lecn Anhui Co., Ltd. - Key offerings
    • Makino Inc.
      • Table Makino Inc. - Overview
      • Table Makino Inc. - Business segments
      • Table Makino Inc. - Key offerings
      • Table Makino Inc. - Segment focus
    • Mitsubishi Heavy Industries Ltd.
      • Table Mitsubishi Heavy Industries Ltd. - Overview
      • Table Mitsubishi Heavy Industries Ltd. - Business segments
      • Table Mitsubishi Heavy Industries Ltd. - Key news
      • Table Mitsubishi Heavy Industries Ltd. - Key offerings
      • Table Mitsubishi Heavy Industries Ltd. - Segment focus
    • MONDRAGON Corp.
      • Table MONDRAGON Corp. - Overview
      • Table MONDRAGON Corp. - Business segments
      • Table MONDRAGON Corp. - Key offerings
      • Table MONDRAGON Corp. - Segment focus
    • Okuma Corp.
      • Table Okuma Corp. - Overview
      • Table Okuma Corp. - Business segments
      • Table Okuma Corp. - Key offerings
      • Table Okuma Corp. - Segment focus
    • UNITED GRINDING North America, Inc.
      • Table UNITED GRINDING North America, Inc. - Overview
      • Table UNITED GRINDING North America, Inc. - Product / Service
      • Table UNITED GRINDING North America, Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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