Market Overview:
The global surface grinding machines 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 surface grinding machines from various end-use industries, such as metal, ceramic, glass and crystalline materials. In terms of type, the horizontal-spindle segment is expected to lead the global surface grinding machines market during the forecast period. This can be attributed to its high accuracy and precision levels along with its ability to process large workpieces. In terms of application, metal is expected to lead the global surface grinding machines market during the forecast period owing to its high demand from various end-use industries across different regions.
Product Definition:
A surface grinding machine uses a grinding wheel to smooth the surface of a workpiece. The workpiece is held against a rotating table with a chuck or vise, and the grinding wheel is moved back and forth across the face of the workpiece.
Horizontal-Spindle:
Horizontal-spindle is a machine part used in surface grinding machines. It is fixed at the bottom of the machine and rotates around its vertical axis. The horizontal spindle has different tools mounted on it which are used for cutting or grinding different materials such as metals, ceramics, etc. Horizontal-spindle finds its application in various sectors including automotive industry, construction sector among others where high accuracy and precision are required during manufacturing process.
Vertical-Spindle:
Vertical spindle is a device that is mounted in the vertical plane and it's used to carry out different operations such as cutting, drilling, reaming etc. It can also be used for changing tools or work pieces. Vertical spindle has different types such as ball bearing type, auger type and gearless type among others.
Application Insights:
The metal application segment led the global surface grinding machines 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 steel from construction, automotive, infrastructure and industrial applications. In addition, rapid urbanization leading to increased construction activities is expected to drive the product demand over the coming years.
Ceramic applications are anticipated to witness significant growth in near future on account of rising product adoption across various industries including building & construction, electrical & electronics manufacturing and energy generation owing to its properties such as high durability along with low maintenance cost which makes it an ideal choice for replacement or refurbishment of traditional equipment.
Regional Analysis:
Asia Pacific dominated the global surface grinding machines market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing demand for industrial machinery in emerging economies, such as China and India. In addition, rising investments by multinational companies for manufacturing facilities in these countries are anticipated to further boost product demand.
The Asia Pacific was followed by Europe with a share of over 20% in 2016 owing to high consumption levels of metal cutting machines across numerous industries, including automotive and aerospace.
Growth Factors:
- Increasing demand for precision surface grinding machines from automotive and aerospace industries
- Rising demand for surface grinding machines with high accuracy and precision
- Growing popularity of automated surface grinding machines among manufacturers
- Proliferation of micro-surface grinding technology in the market
- Increasing adoption of surface grinding machines for manufacturing medical devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Surface Grinding Machines Market Research Report
By Type
Horizontal-Spindle, Vertical-Spindle, Single Disc Grinders, Double-Disc Grinders
By Application
Metal, Ceramic, Glass, Crystalline Materials
By Companies
Kent, Supertec Machinery, Mitsui High-Tec, Industrial Machinery, DCM Tech, Kaite, Clausing Industrial, PROTH Industrial, Lagun Machinery, Amada Machine Tools
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Surface Grinding Machines Market Report Segments:
The global Surface Grinding Machines market is segmented on the basis of:
Types
Horizontal-Spindle, Vertical-Spindle, Single Disc Grinders, Double-Disc Grinders
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
Metal, Ceramic, Glass, Crystalline Materials
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:
- Kent
- Supertec Machinery
- Mitsui High-Tec
- Industrial Machinery
- DCM Tech
- Kaite
- Clausing Industrial
- PROTH Industrial
- Lagun Machinery
- Amada Machine Tools
Highlights of The Surface Grinding Machines 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-Spindle
- Vertical-Spindle
- Single Disc Grinders
- Double-Disc Grinders
- By Application:
- Metal
- Ceramic
- Glass
- Crystalline Materials
- 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 Surface Grinding Machines 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.
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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?
Surface grinding machines are used to grind various types of materials. They can be used for a variety of purposes, such as manufacturing parts or products, or for cleaning and polishing surfaces.
Some of the major companies in the surface grinding machines market are Kent, Supertec Machinery, Mitsui High-Tec, Industrial Machinery, DCM Tech, Kaite, Clausing Industrial, PROTH Industrial, Lagun Machinery, Amada Machine Tools.
The surface grinding machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surface Grinding Machines 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 Surface Grinding Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Surface Grinding Machines 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 Surface Grinding Machines 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 Surface Grinding Machines Market Size & Forecast, 2020-2028 4.5.1 Surface Grinding Machines Market Size and Y-o-Y Growth 4.5.2 Surface Grinding Machines 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 Horizontal-Spindle
5.2.2 Vertical-Spindle
5.2.3 Single Disc Grinders
5.2.4 Double-Disc Grinders
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 Metal
6.2.2 Ceramic
6.2.3 Glass
6.2.4 Crystalline Materials
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surface Grinding Machines 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 Surface Grinding Machines 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 Horizontal-Spindle
9.6.2 Vertical-Spindle
9.6.3 Single Disc Grinders
9.6.4 Double-Disc Grinders
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 Metal
9.10.2 Ceramic
9.10.3 Glass
9.10.4 Crystalline Materials
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 Horizontal-Spindle
10.6.2 Vertical-Spindle
10.6.3 Single Disc Grinders
10.6.4 Double-Disc Grinders
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 Metal
10.10.2 Ceramic
10.10.3 Glass
10.10.4 Crystalline Materials
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 Horizontal-Spindle
11.6.2 Vertical-Spindle
11.6.3 Single Disc Grinders
11.6.4 Double-Disc Grinders
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 Metal
11.10.2 Ceramic
11.10.3 Glass
11.10.4 Crystalline Materials
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 Horizontal-Spindle
12.6.2 Vertical-Spindle
12.6.3 Single Disc Grinders
12.6.4 Double-Disc Grinders
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 Metal
12.10.2 Ceramic
12.10.3 Glass
12.10.4 Crystalline Materials
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 Horizontal-Spindle
13.6.2 Vertical-Spindle
13.6.3 Single Disc Grinders
13.6.4 Double-Disc Grinders
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 Metal
13.10.2 Ceramic
13.10.3 Glass
13.10.4 Crystalline Materials
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 Surface Grinding Machines Market: Competitive Dashboard
14.2 Global Surface Grinding Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kent
14.3.2 Supertec Machinery
14.3.3 Mitsui High-Tec
14.3.4 Industrial Machinery
14.3.5 DCM Tech
14.3.6 Kaite
14.3.7 Clausing Industrial
14.3.8 PROTH Industrial
14.3.9 Lagun Machinery
14.3.10 Amada Machine Tools