Global Grinding Machines Industry

Global Grinding Machines Industry

  • February 2020 •
  • 164 pages •
  • Report ID: 4484197 •
  • Format: PDF
Grinding Machines market worldwide is projected to grow by US$1.5 Billion, driven by a compounded growth of 4.4%. Surface Grinding Machines, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2 Billion by the year 2025, Surface Grinding Machines will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 3.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$55.2 Million to the region’s size and clout in the next 5 to 6 years. Over US$44.8 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Surface Grinding Machines will reach a market size of US$91 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.9% over the next couple of years and add approximately US$441.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • 3M Company
  • Amada Co, Ltd.
  • ANCA Pty. Ltd.
  • C & B Machinery
  • Danobat Group
  • ELB-SCHLIFF Werkzeugmaschinen GmbH
  • EMAG GmbH & Co. KG
  • Falcon Machine Tools Co., Ltd.
  • Chevalier Machinery, Inc.
  • Fives Group
  • Glebar Co., Hardinge, Inc.
  • L. Kellenberger & Co. AG
  • Heinz Berger Maschinenfabrik GmbH & Co. KG
  • JTEKT Corporation
  • Junker Group
  • Kent Industrial Co., Ltd.
  • Komatsu Ltd.
  • Koyo Machinery USA, Inc.
  • Kunshan Huachen Heavy Machinery Co., Ltd.
  • Mitsubishi Heavy Industries Machine Tool Co., Ltd.
  • Okamoto Corporation
  • Pietro Carnaghi Spa
  • Shanghai Machine Tool Works Ltd.
  • Shigiya (USA) Ltd.
  • Sumitomo Heavy Industries Ltd.
  • Toshiba Machine Co., Ltd.
  • United Grinding Group Management AG