Global Flat Grinding Machine Market Growth 2024-2030

Global Flat Grinding Machine Market Growth 2024-2030

A flat grinding machine is a machine tool used for surface grinding, a type of machining process in which a grinding wheel rotates on a horizontal axis to grind flat surfaces. This machine typically has a flat grinding wheel mounted on a spindle and a reciprocating table that moves back and forth under the grinding wheel. The workpiece is placed on the table and fed into the grinding wheel, which removes material to create a flat surface with a high level of precision and smoothness. Flat grinding machines are commonly used in the manufacturing industry for finishing machined parts and components to tight tolerances.

The global Flat Grinding Machine market size is projected to grow from US$ 923 million in 2024 to US$ 1345 million in 2030; it is expected to grow at a CAGR of 6.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Flat Grinding Machine Industry Forecast” looks at past sales and reviews total world Flat Grinding Machine sales in 2023, providing a comprehensive analysis by region and market sector of projected Flat Grinding Machine sales for 2024 through 2030. With Flat Grinding Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flat Grinding Machine industry.

This Insight Report provides a comprehensive analysis of the global Flat Grinding Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flat Grinding Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Flat Grinding Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flat Grinding Machine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flat Grinding Machine.

The core manufacturers of global Flat Grinding Machine include United Grinding Group, Okamoto and Precision Surface Solutions. The top three companies have a market share of about 43%. Asia Pacific is the world's largest Flat Grinding Machine market with a market share of about 47%, followed by Europe and North America with a market share of 35% and 15%, respectively. In terms of product type, Vertical Grinding Machine is the largest segment with approximately 53% market share. In terms of application, Automotive is the largest downstream segment, accounting for about 43% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Flat Grinding Machine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Vertical Grinding Machine
Horizontal Grinding Machine

Segmentation by Application:
Automotive
Aerospace
General Machinery
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
United Grinding Group
Okamoto
Sumitomo Heavy Industries
Precision Surface Solutions
KURODA Precision Industries
Koyo Machinery
Nagase Integrex
Zhejiang Hangji Machine Tool
KENT INDUSTRIAL
Weihai Huadong Automation
Joen Lih Machinery
PROTH
Junker
Chevalier

Key Questions Addressed in this Report

What is the 10-year outlook for the global Flat Grinding Machine market?

What factors are driving Flat Grinding Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Flat Grinding Machine market opportunities vary by end market size?

How does Flat Grinding Machine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.