Market Overview:
The global grinding-polishing machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for grinding-polishing machines from various applications such as laboratories and industries. Additionally, the growing demand for precision machining is also fueling the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market. On the basis of type, manual machines accounted for a major share in 2017 and are expected to dominate during the forecast period owing to their low price and easy operability.
Product Definition:
A grinding-polishing machine is a type of machinery used for grinding and polishing objects. This type of machinery is important because it allows for the smooth finishing of objects. without this type of machinery, many objects would have an unfinished or rough appearance.
Manual Machine:
Manual machine is a hand-driven device that is used to perform the grinding and polishing of metal parts. The manual machine consists of two main components, namely base or mount and handle or gear. The base has fixed positioning with respect to the work piece while the gear is mounted on an axis which can be shifted in order to achieve different cutting speeds.
Semi-automatic Machine:
Semi-automatic machine is used in grinding and polishing applications. It is also known as a dual-purpose or double purpose machine. The major application of semi-automatic machines includes finishing, where they are used for both rough grinding and fine grinding operations.
The development of the industrial sector has led to an increase in the demand for semi-automated systems that can perform two different functions; one for coarse material.
Application Insights:
The laboratory application segment led the global grinding-polishing machine market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for lab grinding machines from educational institutions, research organizations and pharmaceutical companies across the globe.
Laboratory applications include powder metallurgy, ceramic ware, glassware, medical equipment and others (microstructural engineering). Powder metallurgy includes metal powders used in various industries such as automotive & transportation (cast iron), building & construction (steel) and others (aluminum). Ceramic ware includes pottery shapers, kiln shelves as well as molds for making ceramic products. These require fine scratches on ceramics surface that are difficult to achieve using manual methods only; hence automatic machines are used for this purpose.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of several emerging economies, such as China and India. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing foreign investments in developing countries of Asia Pacific and Latin America. For instance, In January 2018, SGS SA announced that it has acquired a majority stake in Brazilian Grinding-polishing Machine manufacturer MPS Indústria e Comércio de Materiais Médicos LTDA., which would help expand its business across South America.
North America accounted for a significant share due to growing demand from end-use industries such as medical & healthcare and automotive among others. Moreover, rising R&D activities are anticipated to fuel regional product demand over the forecast period The U.S.
Growth Factors:
- Increasing demand for automobiles and other transportation equipment
- Growing construction and infrastructure activities
- Rising demand from the medical device industry
- Proliferation of nanotechnology and advanced materials
- Technological advancements in grinding-polishing machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Grinding-polishing Machine Market Research Report
By Type
Manual Machine, Semi-automatic Machine, Automatic Machine
By Application
Laboratory, Industry
By Companies
Struers, LECO, Buehler, ATM GmbH, Allied, METKON, Kemet, PRESI, TOP TECH
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Grinding-polishing Machine Market Report Segments:
The global Grinding-polishing Machine market is segmented on the basis of:
Types
Manual Machine, Semi-automatic Machine, Automatic 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
Laboratory, Industry
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:
- Struers
- LECO
- Buehler
- ATM GmbH
- Allied
- METKON
- Kemet
- PRESI
- TOP TECH
Highlights of The Grinding-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:
- Manual Machine
- Semi-automatic Machine
- Automatic Machine
- By Application:
- Laboratory
- Industry
- 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 Grinding-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 grinding-polishing machine is a machine that is used to polish or grind surfaces.
Some of the major companies in the grinding-polishing machine market are Struers, LECO, Buehler, ATM GmbH, Allied, METKON, Kemet, PRESI, TOP TECH.
The grinding-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 Grinding-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 Grinding-polishing Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grinding-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 Grinding-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 Grinding-polishing Machine Market Size & Forecast, 2020-2028
4.5.1 Grinding-polishing Machine Market Size and Y-o-Y Growth
4.5.2 Grinding-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 Manual Machine
5.2.2 Semi-automatic Machine
5.2.3 Automatic 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 Laboratory
6.2.2 Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grinding-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 Grinding-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 Manual Machine
9.6.2 Semi-automatic Machine
9.6.3 Automatic 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 Laboratory
9.10.2 Industry
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 Manual Machine
10.6.2 Semi-automatic Machine
10.6.3 Automatic 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 Laboratory
10.10.2 Industry
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 Manual Machine
11.6.2 Semi-automatic Machine
11.6.3 Automatic 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 Laboratory
11.10.2 Industry
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 Manual Machine
12.6.2 Semi-automatic Machine
12.6.3 Automatic 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 Laboratory
12.10.2 Industry
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 Manual Machine
13.6.2 Semi-automatic Machine
13.6.3 Automatic 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 Laboratory
13.10.2 Industry
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 Grinding-polishing Machine Market: Competitive Dashboard
14.2 Global Grinding-polishing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Struers
14.3.2 LECO
14.3.3 Buehler
14.3.4 ATM GmbH
14.3.5 Allied
14.3.6 METKON
14.3.7 Kemet
14.3.8 PRESI
14.3.9 TOP TECH
