The grinding machinery market size has grown strongly in recent years. It will grow from $7.58 billion in 2024 to $8.18 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the growth in construction activities, the growth of the aerospace industry, increased automotive production, and increased consumption of machine tools.
The grinding machinery market size is expected to see strong growth in the next few years. It will grow to $11.19 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing urbanization, the growing shipbuilding industry, and an increasing demand from the mining industry. Major trends in the forecast period include technological advancements, automation solutions, the introduction of robotic machines, IIoT (industrial Internet of things)-based industry 4 grinding solutions, product innovations, and strategic partnerships and collaborations.
The rise in industrial automation is expected to drive the growth of the grinding machinery market in the future. Industrial automation involves the control of machinery and industrial processes by autonomous systems, including robotics and computer software. As companies increasingly adopt industrial automation, the demand for grinding machinery is likely to grow, as businesses will seek new equipment compatible with automation systems. For example, in May 2023, the International Federation of Robotics, a Germany-based non-profit organization, reported that industrial robot installations in manufacturing increased by 12% in 2022, reaching 41,624 units. The automotive industry, primarily consisting of U.S., Canadian, and Mexican businesses, was the leading adopter, with 20,391 installed units - marking a 30% rise from 2021. Thus, the growth of industrial automation is expected to boost demand for grinding machinery during the forecast period.
The expanding shipbuilding industry is poised to contribute significantly to the growth of the grinding machinery market. Shipbuilding involves the manufacturing of larger vessels for military, offshore energy, or merchant fleet applications. Grinding machines find frequent use in shipbuilding applications for tasks such as weld preparation, cleaning between weld passes, and post-weld cleaning and finishing. A Congressional Budget Office analysis of the Navy’s Fiscal Year 2023 Shipbuilding Plan in the USA forecasts a total cost of shipbuilding ranging from $30 to $33 billion over the next 30 years, surpassing Navy projections by 14% to 18%. The anticipated growth in the shipbuilding industry is expected to be a driving force for the grinding machinery market.
Major companies in the grinding machinery market are increasingly focused on developing Polish grinding methods to enhance the load-bearing capacity of gears while simultaneously reducing surface roughness. This leads to lower friction and improved efficiency in transmission systems. Polish grinding methods involve advanced machining techniques aimed at enhancing the surface finish of workpieces, particularly gears and other precision components. For instance, in February 2024, Nidec Machine Tool Corporation, a Japan-based manufacturer of grinding and polishing equipment, announced the development of the world's first high-accuracy polishing method for mass-producing internal gears, which are crucial for automotive drive units and robotic joints. This innovative technique addresses challenges related to gear quality, durability, transmission efficiency, and noise performance. This advancement highlights Nidec's commitment to improving gear technology in response to the growing demands for electrification and automation.
Major companies in the grinding machinery sector are focusing on robotic grinding machines. In October 2022, Indian technology company Grind Master launched ROBOFINISH, a groundbreaking machine for the robotic grinding of large castings, setting new standards in automatic fettling and precision grinding. Grind Master's technical partnership with US-based Roberts Sinto Corporation enables the manufacture and service of machines using ROBOFINISH technology in North America.
In September 2023, Star Cutter Company, a U.S.-based manufacturer of cutting tools, acquired Tru Tech Systems for an undisclosed amount. This acquisition is intended to enhance Star Cutter Company's capabilities in precision cutting technologies by integrating Tru Tech Systems' expertise and innovative solutions. As a result, Star Cutter aims to strengthen its market position and expand its product offerings in the cutting tool industry. Tru Tech Systems is a U.S.-based company that specializes in manufacturing grinding machinery.
Major companies operating in the grinding machinery market include Fanuc, JTEKT Corporation, DMG Mori, Amada Co. Ltd, Makino Milling Machine Co. Ltd, ANCA Pty Ltd, Junker Group, DANOBAT GROUP, Okuma Corporation, Gleason Corporation, Mitsubishi Heavy Industries Ltd, Koyo Machine Industries Co Ltd, Micromatic Grinding Technologies Pvt Ltd, Youil Grinding Machine Co. Ltd, Jiangsu Zhihe Intelligent Equipment Co. Ltd, Quanzhou DAFON Machinery Co. Ltd, Fujian RBT Intelligent Equipment Co. Ltd, Kingsbury, ELB-SCHLIFF Werkzeugmaschinen GmbH, Heinz Berger Maschinenfabrik GmbH & Co. KG, Sokar Mechanics, Grindaix GmbH, Sonicam SAS, Strausak AG, Netzsch, Sasta, UMAC LLC, PALMARY Machinery Co. Ltd, Srednevolgsky stankozavod Ltd, GRAFS Technology, Dialeks Trading Dariusz Lipinski, Gazela Mechanika Maszyn, SCORPION, Total Grinding Solutions, Gurmeet Machinery Corporation, Novovodolazkyi Abrasive, Delta Machine Srl, Falcon Machine Tools Co. Ltd, Hybrid Manufacturing Technologies, United Grinding North America, Grindmaster Equipment and Machines USA LLC, CS Unitec Inc, Bent River Machine, Macrodyne Technologies Inc, Weldon Solutions Inc, Rochester Abrasives Industries, Equipment Manufacturers International (EMI), WMW Machinery Company, KNUTH Machine Tools, LISSMAC, Schuler AG, Sandvik AB, Yamazaki Mazak Corporation, Flow International Corporation, EMAG Machine Tools, Midrand Grinders, B.C.F. Precision Grinding Works (pty) Ltd.
Asia-Pacific was the largest region in the grinding machinery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the grinding machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the grinding machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Grinding machinery refers to a category of tools designed to remove the rough surface of a workpiece through the use of a rotating abrasive wheel. This equipment is employed for grinding workpieces and producing highly precise products. Various components make up a grinding machine, including the wheel, wheel head, base, saddle, table, headstock, tailstock, and cross-feed.
The primary types of products within grinding machinery encompass angle grinders, bench grinders, belt grinders, wet grinders, die grinders, floor grinders, surface grinders, and CNC machines. Angle grinders, also known as disc or side grinders, are specifically utilized for grinding and polishing purposes. These products find applications in industries such as automotive, transport machinery, general machinery, precision engineering, and others. They are available for distribution through both online and offline channels.
The grinding machinery market research report is one of a series of new reports that provides grinding machinery market statistics, including grinding machinery industry global market size, regional shares, competitors with a grinding machinery market share, detailed grinding machinery market segments, market trends and opportunities, and any further data you may need to thrive in the grinding machinery industry. This grinding machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The grinding machinery market consists of sales of hand grinders, pedestal grinders, portable grinders, and flexible grinders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The grinding machinery market size is expected to see strong growth in the next few years. It will grow to $11.19 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing urbanization, the growing shipbuilding industry, and an increasing demand from the mining industry. Major trends in the forecast period include technological advancements, automation solutions, the introduction of robotic machines, IIoT (industrial Internet of things)-based industry 4 grinding solutions, product innovations, and strategic partnerships and collaborations.
The rise in industrial automation is expected to drive the growth of the grinding machinery market in the future. Industrial automation involves the control of machinery and industrial processes by autonomous systems, including robotics and computer software. As companies increasingly adopt industrial automation, the demand for grinding machinery is likely to grow, as businesses will seek new equipment compatible with automation systems. For example, in May 2023, the International Federation of Robotics, a Germany-based non-profit organization, reported that industrial robot installations in manufacturing increased by 12% in 2022, reaching 41,624 units. The automotive industry, primarily consisting of U.S., Canadian, and Mexican businesses, was the leading adopter, with 20,391 installed units - marking a 30% rise from 2021. Thus, the growth of industrial automation is expected to boost demand for grinding machinery during the forecast period.
The expanding shipbuilding industry is poised to contribute significantly to the growth of the grinding machinery market. Shipbuilding involves the manufacturing of larger vessels for military, offshore energy, or merchant fleet applications. Grinding machines find frequent use in shipbuilding applications for tasks such as weld preparation, cleaning between weld passes, and post-weld cleaning and finishing. A Congressional Budget Office analysis of the Navy’s Fiscal Year 2023 Shipbuilding Plan in the USA forecasts a total cost of shipbuilding ranging from $30 to $33 billion over the next 30 years, surpassing Navy projections by 14% to 18%. The anticipated growth in the shipbuilding industry is expected to be a driving force for the grinding machinery market.
Major companies in the grinding machinery market are increasingly focused on developing Polish grinding methods to enhance the load-bearing capacity of gears while simultaneously reducing surface roughness. This leads to lower friction and improved efficiency in transmission systems. Polish grinding methods involve advanced machining techniques aimed at enhancing the surface finish of workpieces, particularly gears and other precision components. For instance, in February 2024, Nidec Machine Tool Corporation, a Japan-based manufacturer of grinding and polishing equipment, announced the development of the world's first high-accuracy polishing method for mass-producing internal gears, which are crucial for automotive drive units and robotic joints. This innovative technique addresses challenges related to gear quality, durability, transmission efficiency, and noise performance. This advancement highlights Nidec's commitment to improving gear technology in response to the growing demands for electrification and automation.
Major companies in the grinding machinery sector are focusing on robotic grinding machines. In October 2022, Indian technology company Grind Master launched ROBOFINISH, a groundbreaking machine for the robotic grinding of large castings, setting new standards in automatic fettling and precision grinding. Grind Master's technical partnership with US-based Roberts Sinto Corporation enables the manufacture and service of machines using ROBOFINISH technology in North America.
In September 2023, Star Cutter Company, a U.S.-based manufacturer of cutting tools, acquired Tru Tech Systems for an undisclosed amount. This acquisition is intended to enhance Star Cutter Company's capabilities in precision cutting technologies by integrating Tru Tech Systems' expertise and innovative solutions. As a result, Star Cutter aims to strengthen its market position and expand its product offerings in the cutting tool industry. Tru Tech Systems is a U.S.-based company that specializes in manufacturing grinding machinery.
Major companies operating in the grinding machinery market include Fanuc, JTEKT Corporation, DMG Mori, Amada Co. Ltd, Makino Milling Machine Co. Ltd, ANCA Pty Ltd, Junker Group, DANOBAT GROUP, Okuma Corporation, Gleason Corporation, Mitsubishi Heavy Industries Ltd, Koyo Machine Industries Co Ltd, Micromatic Grinding Technologies Pvt Ltd, Youil Grinding Machine Co. Ltd, Jiangsu Zhihe Intelligent Equipment Co. Ltd, Quanzhou DAFON Machinery Co. Ltd, Fujian RBT Intelligent Equipment Co. Ltd, Kingsbury, ELB-SCHLIFF Werkzeugmaschinen GmbH, Heinz Berger Maschinenfabrik GmbH & Co. KG, Sokar Mechanics, Grindaix GmbH, Sonicam SAS, Strausak AG, Netzsch, Sasta, UMAC LLC, PALMARY Machinery Co. Ltd, Srednevolgsky stankozavod Ltd, GRAFS Technology, Dialeks Trading Dariusz Lipinski, Gazela Mechanika Maszyn, SCORPION, Total Grinding Solutions, Gurmeet Machinery Corporation, Novovodolazkyi Abrasive, Delta Machine Srl, Falcon Machine Tools Co. Ltd, Hybrid Manufacturing Technologies, United Grinding North America, Grindmaster Equipment and Machines USA LLC, CS Unitec Inc, Bent River Machine, Macrodyne Technologies Inc, Weldon Solutions Inc, Rochester Abrasives Industries, Equipment Manufacturers International (EMI), WMW Machinery Company, KNUTH Machine Tools, LISSMAC, Schuler AG, Sandvik AB, Yamazaki Mazak Corporation, Flow International Corporation, EMAG Machine Tools, Midrand Grinders, B.C.F. Precision Grinding Works (pty) Ltd.
Asia-Pacific was the largest region in the grinding machinery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the grinding machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the grinding machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Grinding machinery refers to a category of tools designed to remove the rough surface of a workpiece through the use of a rotating abrasive wheel. This equipment is employed for grinding workpieces and producing highly precise products. Various components make up a grinding machine, including the wheel, wheel head, base, saddle, table, headstock, tailstock, and cross-feed.
The primary types of products within grinding machinery encompass angle grinders, bench grinders, belt grinders, wet grinders, die grinders, floor grinders, surface grinders, and CNC machines. Angle grinders, also known as disc or side grinders, are specifically utilized for grinding and polishing purposes. These products find applications in industries such as automotive, transport machinery, general machinery, precision engineering, and others. They are available for distribution through both online and offline channels.
The grinding machinery market research report is one of a series of new reports that provides grinding machinery market statistics, including grinding machinery industry global market size, regional shares, competitors with a grinding machinery market share, detailed grinding machinery market segments, market trends and opportunities, and any further data you may need to thrive in the grinding machinery industry. This grinding machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The grinding machinery market consists of sales of hand grinders, pedestal grinders, portable grinders, and flexible grinders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Grinding Machinery Market Characteristics3. Grinding Machinery Market Trends and Strategies4. Grinding Machinery Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Grinding Machinery Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Grinding Machinery Market34. Recent Developments in the Grinding Machinery Market
5. Global Grinding Machinery Growth Analysis and Strategic Analysis Framework
6. Grinding Machinery Market Segmentation
7. Grinding Machinery Market Regional and Country Analysis
8. Asia-Pacific Grinding Machinery Market
9. China Grinding Machinery Market
10. India Grinding Machinery Market
11. Japan Grinding Machinery Market
12. Australia Grinding Machinery Market
13. Indonesia Grinding Machinery Market
14. South Korea Grinding Machinery Market
15. Western Europe Grinding Machinery Market
16. UK Grinding Machinery Market
17. Germany Grinding Machinery Market
18. France Grinding Machinery Market
19. Italy Grinding Machinery Market
20. Spain Grinding Machinery Market
21. Eastern Europe Grinding Machinery Market
22. Russia Grinding Machinery Market
23. North America Grinding Machinery Market
24. USA Grinding Machinery Market
25. Canada Grinding Machinery Market
26. South America Grinding Machinery Market
27. Brazil Grinding Machinery Market
28. Middle East Grinding Machinery Market
29. Africa Grinding Machinery Market
30. Grinding Machinery Market Competitive Landscape and Company Profiles
31. Grinding Machinery Market Other Major and Innovative Companies
35. Grinding Machinery Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Grinding Machinery Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on grinding machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for grinding machinery? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The grinding machinery market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Angle Grinders, Bench Grinders, Belt Grinders, Wet Grinders, Die Grinders, Floor Grinders, Surface Grinders, CNC2) By Application: Automotive, Transport Machinery, General Machinery, Precision Engineering, Other Applications
3) By Distribution: Online, Offline
Subsegments:
1) By Angle Grinders: Corded Angle Grinders; Cordless Angle Grinders2) By Bench Grinders: Single-Speed Bench Grinders; Variable-Speed Bench Grinders
3) By Belt Grinders: Horizontal Belt Grinders; Vertical Belt Grinders
4) By Wet Grinders: Tabletop Wet Grinders; Commercial Wet Grinders
5) By Die Grinders: Pneumatic Die Grinders; Electric Die Grinders
6) By Floor Grinders: Concrete Floor Grinders; Polishing Floor Grinders
7) By Surface Grinders: Manual Surface Grinders; Automatic Surface Grinders
8) By CNC: CNC Cylindrical Grinders; CNC Tool and Cutter Grinders
Key Companies Mentioned: Fanuc; JTEKT Corporation; DMG Mori; Amada Co. Ltd; Makino Milling Machine Co. Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Fanuc
- JTEKT Corporation
- DMG Mori
- Amada Co. Ltd
- Makino Milling Machine Co. Ltd
- ANCA Pty Ltd
- Junker Group
- DANOBAT GROUP
- Okuma Corporation
- Gleason Corporation
- Mitsubishi Heavy Industries Ltd
- Koyo Machine Industries Co Ltd
- Micromatic Grinding Technologies Pvt Ltd
- Youil Grinding Machine Co. Ltd
- Jiangsu Zhihe Intelligent Equipment Co. Ltd
- Quanzhou DAFON Machinery Co. Ltd
- Fujian RBT Intelligent Equipment Co. Ltd
- Kingsbury
- ELB-SCHLIFF Werkzeugmaschinen GmbH
- Heinz Berger Maschinenfabrik GmbH & Co. KG
- Sokar Mechanics
- Grindaix GmbH
- Sonicam SAS
- Strausak AG
- Netzsch
- Sasta
- UMAC LLC
- PALMARY Machinery Co. Ltd
- Srednevolgsky stankozavod Ltd
- GRAFS Technology
- Dialeks Trading Dariusz Lipinski
- Gazela Mechanika Maszyn
- SCORPION
- Total Grinding Solutions
- Gurmeet Machinery Corporation
- Novovodolazkyi Abrasive
- Delta Machine Srl
- Falcon Machine Tools Co. Ltd
- Hybrid Manufacturing Technologies
- United Grinding North America
- Grindmaster Equipment and Machines USA LLC
- CS Unitec Inc
- Bent River Machine
- Macrodyne Technologies Inc
- Weldon Solutions Inc
- Rochester Abrasives Industries
- Equipment Manufacturers International (EMI)
- WMW Machinery Company
- KNUTH Machine Tools
- LISSMAC
- Schuler AG
- Sandvik AB
- Yamazaki Mazak Corporation
- Flow International Corporation
- EMAG Machine Tools
- Midrand Grinders
- B.C.F. Precision Grinding Works (pty) Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 8.18 Billion |
Forecasted Market Value ( USD | $ 11.19 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 57 |