Market Overview:
The global CNC surface grinding machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CNC surface grinding machines from various end-use industries, such as automotive, shipbuilding, and equipment manufacturing. In addition, the growing demand for high-precision machining across different regions is also contributing to the growth of this market. Based on type, the global CNC surface grinding machine market can be segmented into horizontal surface grinding machines and vertical surface grinding machines. The horizontal surface grinding machines segment is expected to account for a larger share of this market in 2018 owing to its higher adoption by various end-use industries. By application, the automotive industry accounted for a major share of this market in 2017 and is projected to grow at a higher rate during the forecast period. This can be attributed to increasing demand for automobiles across different regions worldwide.
Product Definition:
A CNC surface grinding machine is a computer-controlled machine that uses a grinding wheel to smooth or shape the surface of metal or other materials.
Horizontal Surface Grinding Machine:
Horizontal surface grinding machine is used to grind and polish the work piece by moving the grinding wheel or plate horizontally. The horizontal surface grinding machine has a number of advantages over vertical surface grinder, it can be used for both small and large size work pieces at a time, it can be used for both hard and soft materials, there is no need to change tools as material changes, etc.
Vertical Surface Grinding Machine:
Vertical surface grinding machine is used to grind the workpiece at a constant and high speed. It is also known as vertical mill or vertical shaft grinder. Vertical surface grinding machine consists of two main components, namely motor and gearbox. The gearbox helps in changing the rotational speed while the motor drives it towards the work piece by using reduction drive system i.e., via chain or belts (if applicable).
Application Insights:
The global market is segmented by application into the auto industry, shipbuilding industry, equipment manufacturing and others. The other applications include aerospace and defense. In 2017, the auto industry was the largest consumer of CNC surface grinding machines with a share of over 60%. The growth can be attributed to increasing production levels of passenger cars and commercial vehicles across the globe coupled with rising demand for high-quality automotive components.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for precision tools from various end-use industries, such as aerospace & defense, automotive, industrial machinery, medical equipment & devices manufacturing.
The Asia Pacific regional market is also characterized by rapidly expanding shipbuilding industry due to rising demand for cruise ships and other watercrafts. Moreover, growing investments in automation are anticipated to propel CNC surface grinding machine demand over the forecast period. For instance: In January 2018; SANY Group Co., Ltd., a Chinese manufacturer of turning machines and machining centers announced about opening a new factory that will produce horizontal surface grinders with speeds up to 150 meters per minute at an investment of USD X million (approximately 16 million Euros).
Growth Factors:
- Increasing demand for high precision surface grinding machines from the automotive and aerospace industries.
- Growing demand for CNC surface grinding machines from small and medium-sized enterprises (SMEs).
- Rising adoption of CNC surface grinding machines in the manufacture of medical devices and implants.
- Increasing use of CNC surface grinding machines in the production of optical components and lenses.
- Technological advancements that have led to the development of more efficient, faster, and affordable CNC surface grinding machines
Scope Of The Report
Report Attributes
Report Details
Report Title
CNC Surface Grinding Machine Market Research Report
By Type
Horizontal Surface Grinding Machine, Vertical Surface Grinding Machine
By Application
Auto Industry, Shipbuilding Industry, Equipment Manufacturing, Other
By Companies
Doimak, Ecotech Machinery, EMAG GmbH & Co. KG, Erwin Junker Maschinenfabrik GmbH, Fives Cinetic, GIORIA S.p.a., AGATHON, AZ spa, BEIER MACHINE TOOL WORKS, Benign Enterprise, Blohm Maschinenbau, Buderus Schleiftechnik GmbH, BURRI Werkzeugmaschinen, BUSINARO, DANOBATGROUP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global CNC Surface Grinding Machine Market Report Segments:
The global CNC Surface Grinding Machine market is segmented on the basis of:
Types
Horizontal Surface Grinding Machine, Vertical Surface Grinding Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Auto Industry, Shipbuilding Industry, Equipment Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Doimak
- Ecotech Machinery
- EMAG GmbH & Co. KG
- Erwin Junker Maschinenfabrik GmbH
- Fives Cinetic
- GIORIA S.p.a.
- AGATHON
- AZ spa
- BEIER MACHINE TOOL WORKS
- Benign Enterprise
- Blohm Maschinenbau
- Buderus Schleiftechnik GmbH
- BURRI Werkzeugmaschinen
- BUSINARO
- DANOBATGROUP
Highlights of The CNC Surface Grinding Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Horizontal Surface Grinding Machine
- Vertical Surface Grinding Machine
- By Application:
- Auto Industry
- Shipbuilding Industry
- Equipment Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CNC Surface Grinding Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A CNC surface grinder is a machine that uses computer-controlled grinding and cutting to create intricate shapes or patterns on a variety of materials. The machine typically has several grinding and cutting heads that can be moved independently, allowing for precise control over the shape and size of the finished product.
Some of the key players operating in the cnc surface grinding machine market are Doimak, Ecotech Machinery, EMAG GmbH & Co. KG, Erwin Junker Maschinenfabrik GmbH, Fives Cinetic, GIORIA S.p.a., AGATHON, AZ spa, BEIER MACHINE TOOL WORKS, Benign Enterprise, Blohm Maschinenbau, Buderus Schleiftechnik GmbH, BURRI Werkzeugmaschinen, BUSINARO, DANOBATGROUP.
The cnc surface grinding machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. CNC Surface Grinding Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. CNC Surface Grinding Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. CNC Surface Grinding Machine Market - Supply Chain
4.5. Global CNC Surface Grinding Machine Market Forecast
4.5.1. CNC Surface Grinding Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. CNC Surface Grinding Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. CNC Surface Grinding Machine Market Absolute $ Opportunity
5. Global CNC Surface Grinding Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. CNC Surface Grinding Machine Market Size and Volume Forecast by Type
5.3.1. Horizontal Surface Grinding Machine
5.3.2. Vertical Surface Grinding Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global CNC Surface Grinding Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. CNC Surface Grinding Machine Market Size and Volume Forecast by Application
6.3.1. Auto Industry
6.3.2. Shipbuilding Industry
6.3.3. Equipment Manufacturing
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global CNC Surface Grinding Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. CNC Surface Grinding Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global CNC Surface Grinding Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. CNC Surface Grinding Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global CNC Surface Grinding Machine Demand Share Forecast, 2019-2029
9. North America CNC Surface Grinding Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America CNC Surface Grinding Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America CNC Surface Grinding Machine Market Size and Volume Forecast by Application
9.4.1. Auto Industry
9.4.2. Shipbuilding Industry
9.4.3. Equipment Manufacturing
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America CNC Surface Grinding Machine Market Size and Volume Forecast by Type
9.7.1. Horizontal Surface Grinding Machine
9.7.2. Vertical Surface Grinding Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America CNC Surface Grinding Machine Demand Share Forecast, 2019-2029
10. Latin America CNC Surface Grinding Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America CNC Surface Grinding Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America CNC Surface Grinding Machine Market Size and Volume Forecast by Application
10.4.1. Auto Industry
10.4.2. Shipbuilding Industry
10.4.3. Equipment Manufacturing
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America CNC Surface Grinding Machine Market Size and Volume Forecast by Type
10.7.1. Horizontal Surface Grinding Machine
10.7.2. Vertical Surface Grinding Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America CNC Surface Grinding Machine Demand Share Forecast, 2019-2029
11. Europe CNC Surface Grinding Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe CNC Surface Grinding Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe CNC Surface Grinding Machine Market Size and Volume Forecast by Application
11.4.1. Auto Industry
11.4.2. Shipbuilding Industry
11.4.3. Equipment Manufacturing
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe CNC Surface Grinding Machine Market Size and Volume Forecast by Type
11.7.1. Horizontal Surface Grinding Machine
11.7.2. Vertical Surface Grinding Machine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe CNC Surface Grinding Machine Demand Share, 2019-2029
12. Asia Pacific CNC Surface Grinding Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific CNC Surface Grinding Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific CNC Surface Grinding Machine Market Size and Volume Forecast by Application
12.4.1. Auto Industry
12.4.2. Shipbuilding Industry
12.4.3. Equipment Manufacturing
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific CNC Surface Grinding Machine Market Size and Volume Forecast by Type
12.7.1. Horizontal Surface Grinding Machine
12.7.2. Vertical Surface Grinding Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific CNC Surface Grinding Machine Demand Share, 2019-2029
13. Middle East & Africa CNC Surface Grinding Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa CNC Surface Grinding Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa CNC Surface Grinding Machine Market Size and Volume Forecast by Application
13.4.1. Auto Industry
13.4.2. Shipbuilding Industry
13.4.3. Equipment Manufacturing
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa CNC Surface Grinding Machine Market Size and Volume Forecast by Type
13.7.1. Horizontal Surface Grinding Machine
13.7.2. Vertical Surface Grinding Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa CNC Surface Grinding Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global CNC Surface Grinding Machine Market: Market Share Analysis
14.2. CNC Surface Grinding Machine Distributors and Customers
14.3. CNC Surface Grinding Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Doimak
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ecotech Machinery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. EMAG GmbH & Co. KG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Erwin Junker Maschinenfabrik GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fives Cinetic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GIORIA S.p.a.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AGATHON
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AZ spa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BEIER MACHINE TOOL WORKS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Benign Enterprise
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Blohm Maschinenbau
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Buderus Schleiftechnik GmbH
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BURRI Werkzeugmaschinen
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BUSINARO
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. DANOBATGROUP
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook