Market Overview:
The global industrial bench grinder 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 industrial bench grinders from various end-use industries, such as equipment processing, shipping industry, metal processing, and others. In addition, the growing demand for precision grinding across different applications is also contributing to the growth of this market.
Product Definition:
An industrial bench grinder is a machine that is used to sharpen the edges of metal tools. They are often found in machine shops and other industrial settings.
1 HP:
Industrial Bench Grinder is used for grinding and polishing of ferrous and non-ferrous metals. It works on the principle of rotary motion, which is powered by a motor. The product has different applications in industries such as automotive, aerospace & defense, construction equipment industry etc.
1 HP means 1 Horse Power which is equivalent to 746 W or 746 x 0.01 kgms per hour or 0.746 kW).
3 HP:
Industrial bench grinder is used for grinding and polishing of ferrous and non-ferrous metals, concrete, rubber, glass. It has different types of 3 HP motors depending upon the power rating required by the machine. The power rating is decided according to the application in which it will be used.
Application Insights:
Equipment processing was the largest application segment in 2017 and is projected to continue its dominance over the forecast period. Equipment processing includes metal cutting, crushing and screening operations. The global equipment processed includes construction & mining equipment, automotive parts, food & beverage machinery and other industrial machinery.
The demand for heavy machineries is growing across various industries such as construction; mining; automotive; food & beverage etc., which require a high degree of precision in their production processes owing to which these machines are highly preferred for manufacturing such heavy machinery components with ease of use and efficiency. In addition to this they offer advanced technology features along with easy maintenance access that boosts their adoption rate among users worldwide. These factors are responsible for driving the demand globally over the coming years as well as contributing towards a significant share of overall revenue in 2017 itself.
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 several emerging economies, including China, India, and Japan. These countries are among the largest consumers of industrial bench grinders owing to their extensive manufacturing sector. Moreover, these countries have a high demand for heavy machinery as well as metal processing equipment due to rapid industrialization and urbanization over the past few decades.
The Asia Pacific regional market includes major countries such as China, India, Indonesia (formerly known as East Timor), South Korea (formerly known as Korea Republic), Malaysia (formerly known called Federation of Malaya) Philippines (former name: Republic of Palawan), Vietnam( formerly named Truc Bach). Besides this long list of prominent markets; there are many other Southeast Asian nations that export a significant amount of goods worldwide but may be forgotten about when looking at specific regions within Asia Pacific or even globally for that matter.
Growth Factors:
- Increasing demand for industrial bench grinders from the automotive and aerospace industries due to the growing need for precision grinding and finishing operations.
- The increasing popularity of online shopping is driving the demand for small, portable industrial bench grinders that can be easily shipped to consumers' homes or businesses.
- Growing awareness about the benefits of using industrial bench grinders, such as improved work quality and efficiency, is prompting more businesses to invest in these machines.
- The increasing use of automated manufacturing processes in factories is leading to a greater demand for industrial bench grinders that can quickly and accurately sharpen tools and blades used in these systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Bench Grinder Market Research Report
By Type
1 HP, 3 HP, 5 HP, Other
By Application
Equipment Processing, Shipping Industry, Metal Processing, Other
By Companies
ACETI MACCHINE, ANG International, echoENG, FEMI, Iseli & Co AG, Metabowerke, SPARKY Power Tools, Thorvie International, WMH Tool Group, Wood-Mizer, ACETI MACCHINE
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Bench Grinder Market Report Segments:
The global Industrial Bench Grinder market is segmented on the basis of:
Types
1 HP, 3 HP, 5 HP, Other
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
Equipment Processing, Shipping Industry, Metal Processing, 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:
- ACETI MACCHINE
- ANG International
- echoENG
- FEMI
- Iseli & Co AG
- Metabowerke
- SPARKY Power Tools
- Thorvie International
- WMH Tool Group
- Wood-Mizer
- ACETI MACCHINE
Highlights of The Industrial Bench Grinder 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:
- 1 HP
- 3 HP
- 5 HP
- Other
- By Application:
- Equipment Processing
- Shipping Industry
- Metal Processing
- 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 Industrial Bench Grinder 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
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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?
Industrial Bench Grinder is a machine that is used to grind materials. It can be used to grind metals, plastics, and other materials.
Some of the key players operating in the industrial bench grinder market are ACETI MACCHINE, ANG International, echoENG, FEMI, Iseli & Co AG, Metabowerke, SPARKY Power Tools, Thorvie International, WMH Tool Group, Wood-Mizer, ACETI MACCHINE.
The industrial bench grinder 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 Industrial Bench Grinder 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 Industrial Bench Grinder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Bench Grinder 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 Industrial Bench Grinder 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 Industrial Bench Grinder Market Size & Forecast, 2020-2028
4.5.1 Industrial Bench Grinder Market Size and Y-o-Y Growth
4.5.2 Industrial Bench Grinder 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 1 HP
5.2.2 3 HP
5.2.3 5 HP
5.2.4 Other
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 Equipment Processing
6.2.2 Shipping Industry
6.2.3 Metal Processing
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Bench Grinder 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 Industrial Bench Grinder 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 1 HP
9.6.2 3 HP
9.6.3 5 HP
9.6.4 Other
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 Equipment Processing
9.10.2 Shipping Industry
9.10.3 Metal Processing
9.10.4 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 1 HP
10.6.2 3 HP
10.6.3 5 HP
10.6.4 Other
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 Equipment Processing
10.10.2 Shipping Industry
10.10.3 Metal Processing
10.10.4 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 1 HP
11.6.2 3 HP
11.6.3 5 HP
11.6.4 Other
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 Equipment Processing
11.10.2 Shipping Industry
11.10.3 Metal Processing
11.10.4 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 1 HP
12.6.2 3 HP
12.6.3 5 HP
12.6.4 Other
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 Equipment Processing
12.10.2 Shipping Industry
12.10.3 Metal Processing
12.10.4 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 1 HP
13.6.2 3 HP
13.6.3 5 HP
13.6.4 Other
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 Equipment Processing
13.10.2 Shipping Industry
13.10.3 Metal Processing
13.10.4 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 Industrial Bench Grinder Market: Competitive Dashboard
14.2 Global Industrial Bench Grinder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACETI MACCHINE
14.3.2 ANG International
14.3.3 echoENG
14.3.4 FEMI
14.3.5 Iseli & Co AG
14.3.6 Metabowerke
14.3.7 SPARKY Power Tools
14.3.8 Thorvie International
14.3.9 WMH Tool Group
14.3.10 Wood-Mizer
14.3.11 ACETI MACCHINE
