Market Overview:
The global CNC polishing 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 high-quality finished products across different industries, such as wood, metal, plastic, glass and others. In addition, the growing adoption of CNC polishing machines by small and medium-sized enterprises is also contributing to the growth of this market. Based on type, the global CNC polishing machine market can be segmented into pneumatic polishing machines and electric polishing machines. Pneumatic polishing machines are more popular than electric ones owing to their low cost and easy operability. However, electricpolishers are gaining popularity due their high precision levels and better finish quality as compared to pneumatic ones. Among these applications, wood Polishers account for a major share in terms of revenue contribution followed by metal Polishers .
Product Definition:
A CNC polishing machine is a computerized device that uses numerical control to guide a head fitted with abrasive pads or wheels in the polishing of surfaces. The importance of CNC polishing machines is that they provide an extremely accurate and consistent method for polishing parts or products.
Pneumatic Polishing Machine:
Pneumatic Polishing Machine is used for surface finishing of metal parts in automotive, aerospace and industrial machinery industries. The machine uses compressed air as a power source to polish the part with high speed and accuracy. Pneumatic polishing machines are widely accepted due to their ability to provide an excellent finish in minimum time along with providing an abrasive wear resistance surface.
Electric Polishing Machine:
Electric polishing machine is used to remove scratches from the surface of metal parts by passing them over a rotating magnet. It uses an electric current and magnetic field for this purpose. The working principle of electric polishing machine is based on the Law of Induction, which states that when an electrical current flows through a coil, it creates a magnetic field around it. This magnetic field induces pressure and scratches in the surface of metal parts due to high speed impact.
Application Insights:
The wood application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth during the forecast period. The growing furniture industry across the globe is expected to be a major factor driving product demand in this segment. Metal, plastic, glass and other segments are also anticipated to witness considerable growth during the forecast period owing to rising applications in various end-use industries such as automotive, construction and medical devices among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the increasing demand for wood polishing machines from furniture and flooring manufacturers. The region is expected to continue its dominance over the forecast period due to growing industrialization, rising disposable income of consumers, and expanding manufacturing sector.
The growth of automotive industry in Asia Pacific countries such as India, China, Japan has increased exponentially over the past few years which has led to an increase in demand for metal finishing equipment including CNC polishing machines. The growing use of these machines at automobile factories is anticipated to drive regional market growth during the forecast period.
North America accounted for a significant share owing to early adoption by users coupled with high spending power among consumers who are willing spend on technologically advanced products that enhance productivity and efficiency resulting into higher profits margins for manufacturers operating within this region.
Growth Factors:
- Increasing demand for high-quality products: The global CNC polishing machine market is expected to grow at a significant pace in the next few years, owing to the increasing demand for high-quality products. This is mainly because of the growing awareness among consumers about the importance of quality and durability in products.
- Rising investments by leading players: Key players in the global CNC polishing machine market are making significant investments to expand their production capacities and cater to rising demand from consumers worldwide. This is likely to boost growth of the overall market in the next few years.
- Growing popularity of automated machines: Automated machines are becoming increasingly popular due to their ability to offer high accuracy and speed while reducing labor costs significantly. This is likely to fuel growth of the global CNC polishing machine market in coming years as well, as more manufacturers adopt these machines for their production needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
CNC Polishing Machine Market Research Report
By Type
Pneumatic Polishing Machine, Electric Polishing Machine
By Application
Wood, Metal, Plastic, Glass, Other
By Companies
GARBOLI, NS Maquinas Industiais, Lapmaster Wolters GmbH, Langzauner, EchoLAB, AUTOPULIT, OptoTech, Scantool Group, Surface Engineering, Tamis Machinery, GARBOLI
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global CNC Polishing Machine Market Report Segments:
The global CNC Polishing Machine market is segmented on the basis of:
Types
Pneumatic Polishing Machine, Electric Polishing 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
Wood, Metal, Plastic, Glass, 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:
- GARBOLI
- NS Maquinas Industiais
- Lapmaster Wolters GmbH
- Langzauner
- EchoLAB
- AUTOPULIT
- OptoTech
- Scantool Group
- Surface Engineering
- Tamis Machinery
- GARBOLI
Highlights of The CNC Polishing 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:
- Pneumatic Polishing Machine
- Electric Polishing Machine
- By Application:
- Wood
- Metal
- Plastic
- Glass
- 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 Polishing 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 polishing machine is a type of industrial robot that uses diamond-coated rotary disks to polish parts or entire objects. The high speed and precision of the process results in smooth, shiny surfaces.
Some of the major companies in the cnc polishing machine market are GARBOLI, NS Maquinas Industiais, Lapmaster Wolters GmbH, Langzauner, EchoLAB, AUTOPULIT, OptoTech, Scantool Group, Surface Engineering, Tamis Machinery, GARBOLI.
The cnc polishing machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CNC Polishing Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CNC Polishing Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CNC Polishing Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CNC Polishing Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CNC Polishing Machine Market Size & Forecast, 2020-2028
4.5.1 CNC Polishing Machine Market Size and Y-o-Y Growth
4.5.2 CNC Polishing Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pneumatic Polishing Machine
5.2.2 Electric Polishing Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wood
6.2.2 Metal
6.2.3 Plastic
6.2.4 Glass
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CNC Polishing Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CNC Polishing Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pneumatic Polishing Machine
9.6.2 Electric Polishing Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wood
9.10.2 Metal
9.10.3 Plastic
9.10.4 Glass
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pneumatic Polishing Machine
10.6.2 Electric Polishing Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wood
10.10.2 Metal
10.10.3 Plastic
10.10.4 Glass
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pneumatic Polishing Machine
11.6.2 Electric Polishing Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wood
11.10.2 Metal
11.10.3 Plastic
11.10.4 Glass
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pneumatic Polishing Machine
12.6.2 Electric Polishing Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wood
12.10.2 Metal
12.10.3 Plastic
12.10.4 Glass
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pneumatic Polishing Machine
13.6.2 Electric Polishing Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wood
13.10.2 Metal
13.10.3 Plastic
13.10.4 Glass
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CNC Polishing Machine Market: Competitive Dashboard
14.2 Global CNC Polishing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GARBOLI
14.3.2 NS Maquinas Industiais
14.3.3 Lapmaster Wolters GmbH
14.3.4 Langzauner
14.3.5 EchoLAB
14.3.6 AUTOPULIT
14.3.7 OptoTech
14.3.8 Scantool Group
14.3.9 Surface Engineering
14.3.10 Tamis Machinery
14.3.11 GARBOLI
