Grinding Machinery Market Research Report - Global Forecast till 2027

Grinding Machinery Market Research Report: By Type (Cylindrical, Surface, Gear, Tool & Cutter, and Other Grinding Machinery), Application (Aerospace & Defense, Automotive, Electrical & Electronics, Shipbuilding, and Others), Distribution Channel (Online and Offline), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2027

ID: MRFR/IA - E/2488-HCR | February 2021 | Region: Global | 100 pages

Grinding Machinery Market Synopsis


Grinding machinery market is expected to reach around USD 7 billion by 2025, exhibiting a CAGR of approximately 5% during the forecast period.


Grinding machinery is a power tool designed for grinding work pieces. The grinding machine uses an abrasive wheel as a cutting tool that provides high surface quality and low surface roughness. The grinding machinery is available in various types, such as bench grinder, belt grinder, jig grinder, and gear grinder, used for different applications such as automobile, engineering, and electrical. .


Growing sale of automobiles especially electric vehicles globally, developing aerospace & defense infrastructure in emerging markets,. growing number of innovations in grinding machines and deployment of grinders in mid- and small-scale industries are driving the growth of global market.


The capital-intensive nature of grinding machinery and high initial investment required to setup a plant is considered as the key factors restraining the growth of this market. However, improving economies of developing countries, growth in the number of industrial and mining activities, and technological upgrades in grinding machinery are providing growth opportunities for the vendors operating in the global grinding machinery market.


Prominent players


The prominent players operating in the global grinding machinery market are Amada Machine Tools Co. Ltd, (Japan), DANOBAT (Spain), ANCA Pty Ltd (Australia), Junker (Germany), Körber AG (Germany), Fives (France), Gleason Corporation (US), Hybrid Manufacturing Technologies (US), Makino Milling Machine Co. Ltd (Japan), and JTEKT Corporation (Japan).


Segmentation: Grinding Machinery Market


The global grinding machinery market has been segmented based on type, application, distribution channel, and region. On the basis of type, the global market has been segmented into cylindrical, surface, gear, tool & cutter, and others. The cylindrical surface segment is projected to exhibit significant growth over the forecast period owing to the rapid adoption of CNC cylindrical grinding machines from machine tools & parts manufacturers. By application, the global grinding machinery market has been segmented into aerospace & defense, automotive, electrical & electronics, shipbuilding, and others. The automotive segment is projected to hold the largest share of the global grinding machinery market over the forecast period due to the expansion of automotive infrastructure in emerging economies and increasing production and sale of electric vehicles globally. On the basis of distribution channel, the global market has been segmented into online and offline. The online segment is projected to grow at rapid pace over the forecast period due to the growing number of multi-brand e-commerce sites.


Geographically, the global grinding machinery market has been divided into Asia-Pacific, North America, Europe, and the rest of the world. In 2018, the global grinding machinery market was led by Asia-Pacific, followed by Europe and North America, respectively. The market in Asia-Pacific is expected to dominate the global grinding machinery market during the forecast period. Developing economies are driving growth in the regional market. The rapid industrialization and rising government initiatives in the region such as Make in India are some of the factors expected to boost the growth of the market in the forecast period.


The market in North America is expected to grow at a significant rate over the forecast period. The factors contributing to the growth of the grinder machinery market in North America are advanced technology, stable economy, heavy industrialization, and presence of key market players such as Gleason Corporation and Hybrid Manufacturing Technologies in the US. Whereas, Europe is projected to hold the second-largest position in the global market over the forecast period due growth in manufacturing industry across the region.


The report for the global grinding machinery market of Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historic and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.


Intended Audience:

  • Grinding machinery manufacturers

  • Grinding Machinery manufacturers, distributors, and suppliers

  • State and national regulatory authorities

  • Rolling Stock Manufacturers

  • Raw material suppliers

  • Transport authorities

  • Market research and consulting firm

  • Investors/shareholders

  • Government and industry associations

  • State or government-owned corporations

  • Research organizations



Report Scope:
Report Attribute/Metric Details
  Market Size   2025: USD 7 billion
  CAGR   5% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application, Distribution Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Amada Machine Tools Co. Ltd, (Japan), DANOBAT (Spain), ANCA Pty Ltd (Australia), Junker (Germany), Körber AG (Germany), Fives (France), Gleason Corporation (US), Hybrid Manufacturing Technologies (US), Makino Milling Machine Co. Ltd (Japan), and JTEKT Corporation (Japan)
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Growing sale of automobiles especially electric vehicles globally
  • Developing aerospace & defense infrastructure in emerging markets
  • Growing number of innovations in grinding machines
  • Deployment of grinders in mid- and small-scale industries


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    Frequently Asked Questions (FAQ) :


    The market for grinding machinery has been studied thoroughly with respect to the primary segments of application, distribution channel, and type.

    The capital-intensive nature of grinding machinery and the high initial investment required to set up a plant is touted to be the top restraint in the market growth over the years ahead.

    Growing sale of automobiles especially electric vehicles globally, developing aerospace & defense infrastructure in emerging markets. The increasing number of innovations in grinding machines and deployment of grinders in mid- and small-scale industries are stimulating the growth of the worldwide market.

    The Asia Pacific market can lead the global market for grinding machinery market in the ensuing years. Developing countries in the region are responsible for the robust market growth. Increasing industrialization, as well as risng number of government initiatives including Make in India, are few other growth-inducing factors in the market.

    The prominent players in the global grinding machinery market include Makino Milling Machine Co. Ltd (Japan), ANCA Pty Ltd (Australia), Junker (Germany), Fives (France), Amada Machine Tools Co. Ltd, (Japan), DANOBAT (Spain), Hybrid Manufacturing Technologies (US), Körber AG (Germany), JTEKT Corporation (Japan), Gleason Corporation (US), among others.