Market Overview:
The global concrete polishing equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polished concrete floors in construction and commercial applications. In terms of type, the hand held polishing machine segment is expected to lead the market during the forecast period, followed by walk behind and ride-on polishing machines. In terms of application, construction is expected to be the largest segment during the forecast period, followed by commercial applications.
Product Definition:
Concrete polishing is the process of making a concrete surface smoother and more lustrous by applying a series of abrasives and sealers.
Hand Held Polishing Machine:
Hand held polishing machine is used to polish the concrete surface by using rotating abrasive wheels or pads. The product is mostly used in floor polishing applications and it's also applicable in wall and ceiling polishing. It helps to remove the roughness of concrete along with providing an ultra smooth finish, which cannot be achieved through manual labor.
The global hand held polishing machine market size was valued at USD 552.1 million in 2016.
Walk Behind Polishing Machine:
A walk behind polishing machine is a device used to polish the surface of concrete with the help of human or automated treading. It is also known as walking beam, conveyor belt, or trolley. The product helps in removing scratches and defects from the concrete surface while maintaining its original shape and size.
The global walk behind polishing machine.
Application Insights:
The construction application segment accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The rising demand for concrete polishing equipment in construction applications owing to properties such as high durability, long life, low maintenance is expected to drive the market growth during the forecast period.
Increasing infrastructure spending by governments across various regions coupled with growing urbanization has resulted in an increased requirement of polished concrete surfaces which act as a durable alternative to traditional flooring systems such as wood or tiles. Polished Concrete offers aesthetic appeal along with superior resistance against scratches and dents which may occur due to heavy footfall or vehicle traffic on a daily basis thereby enhancing its lifespan significantly. This factor is anticipated to fuel product demand during the estimated time frame.
The commercial application segment was valued at USD 1,000 - 2,500 million in 2017.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major emerging economies, such as China and India. Increasing construction activities in these countries are anticipated to fuel product demand. In addition, increasing investments by governments for infrastructure development are likely to benefit industry growth over the coming years.
The Asia Pacific was followed by Europe, which accounted for a revenue share of more than 20% in 2017 owing to high demand from countries like Germany and Russia that witness heavy traffic every day. The growing automotive sector across this region will also drive product demand further as concrete polishing machines help polish raw surface of car body panels before painting operations commence thus aiding aesthetic appeal and enhancing resale value of vehicles parked at parking lots or garages after completion date has passed out with no use or intention whatsoever other than just being there on paper (i.e., vanity).
Growth Factors:
- Increasing demand for polished concrete floors in residential and commercial buildings
- Rising awareness about the benefits of polished concrete floors among consumers
- Growing popularity of decorative concrete flooring among architects and interior designers
- Proliferation of online marketing channels that promote polished concrete flooring solutions
- Advances in polishing equipment technology that improve the quality and efficiency of polishing operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Concrete Polishing Equipment Market Research Report
By Type
Hand Held Polishing Machine, Walk Behind Polishing Machine, Ride-on Polishing Machine
By Application
Construction, Commercial
By Companies
SASE Company, Diamatic, Bosch, Canzac, Husqvarna AB, SASE Company
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Concrete Polishing Equipment Market Report Segments:
The global Concrete Polishing Equipment market is segmented on the basis of:
Types
Hand Held Polishing Machine, Walk Behind Polishing Machine, Ride-on 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
Construction, Commercial
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:
- SASE Company
- Diamatic
- Bosch
- Canzac
- Husqvarna AB
- SASE Company
Highlights of The Concrete Polishing Equipment 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:
- Hand Held Polishing Machine
- Walk Behind Polishing Machine
- Ride-on Polishing Machine
- By Application:
- Construction
- Commercial
- 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 Concrete Polishing Equipment 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?
Concrete polishing equipment is a machine used to remove the surface finish of concrete. It consists of a rotating drum or disc that rotates at high speed and removes the top layer of concrete.
Some of the major players in the concrete polishing equipment market are SASE Company, Diamatic, Bosch, Canzac, Husqvarna AB, SASE Company.
The concrete polishing equipment market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Concrete Polishing Equipment 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 Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size & Forecast, 2018-2028
4.5.1 Concrete Polishing Equipment Market Size and Y-o-Y Growth
4.5.2 Concrete Polishing Equipment Market Absolute $ Opportunity
Chapter 5 Global Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size Forecast by Type
5.2.1 Hand Held Polishing Machine
5.2.2 Walk Behind Polishing Machine
5.2.3 Ride-on Polishing Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Concrete Polishing Equipment 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 Concrete Polishing Equipment 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 Concrete Polishing Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size Forecast by Type
9.6.1 Hand Held Polishing Machine
9.6.2 Walk Behind Polishing Machine
9.6.3 Ride-on 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 Concrete Polishing Equipment Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Commercial
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 Concrete Polishing Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size Forecast by Type
10.6.1 Hand Held Polishing Machine
10.6.2 Walk Behind Polishing Machine
10.6.3 Ride-on 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 Concrete Polishing Equipment Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Commercial
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 Concrete Polishing Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size Forecast by Type
11.6.1 Hand Held Polishing Machine
11.6.2 Walk Behind Polishing Machine
11.6.3 Ride-on 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 Concrete Polishing Equipment Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Commercial
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 Concrete Polishing Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Concrete Polishing Equipment 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 Concrete Polishing Equipment Market Size Forecast by Type
12.6.1 Hand Held Polishing Machine
12.6.2 Walk Behind Polishing Machine
12.6.3 Ride-on 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 Concrete Polishing Equipment Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Commercial
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) Concrete Polishing Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Concrete Polishing Equipment 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) Concrete Polishing Equipment Market Size Forecast by Type
13.6.1 Hand Held Polishing Machine
13.6.2 Walk Behind Polishing Machine
13.6.3 Ride-on 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) Concrete Polishing Equipment Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Commercial
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 Concrete Polishing Equipment Market: Competitive Dashboard
14.2 Global Concrete Polishing Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SASE Company
14.3.2 Diamatic
14.3.3 Bosch
14.3.4 Canzac
14.3.5 Husqvarna AB
14.3.6 SASE Company
