Grinding Machinery Market Report Scope & Overview:

The Grinding Machinery Market size was valued at USD 5.28 Bn in 2023 and is expected to reach USD 7.76 Bn by 2031 with a growing CAGR of 4.94% over the forecast period 2024-2031.

Grinding machinery is a type of power tool used to grind work parts. The grinding machine cuts using an abrasive wheel, which produces a high-quality surface with minimum surface roughness. Grinding machinery comes in a variety of shapes and sizes, including bench grinders, belt grinders, jig grinders, and gear grinders, and is used in a variety of industries, including automotive, engineering, and electrical. Grinding machinery improves productivity and lowers production costs. Furthermore, the grinding process allows for simple loading and unloading of raw materials. Grinding machinery quality, safety, and standards are regulated by several regulatory agencies across the world. Grinding gear has several advantages, including ease of cleaning, adaptability, and maintenance. These advantages have made grinding quite popular across the world.

Grinding Machinery Market Revenue Analysis

To get more information on Grinding Machinery Market - Request Free Sample Report



  • Globally, the sale of automobiles, particularly electric ones, is increasing.

  • Infrastructure development in developing markets for aerospace and military

  • Grinding machine advancements are increasing.

  • Grinder deployment in mid-and small-scale industries


  • A high initial investment cost is required to set up the plant.

  • small-scale industries face a struggle in investing.


  • Technological advancements in grinding machines.

  • Rising of industrial and mining activities


The impact of COVID-19 on the demand for grinding machines has been negative. The year-over-year increase in value in 2020 was smaller. As a result of the outbreak, demand for grinding machines plummeted as building and non-essential output slowed across the world.


The grinding market is divided into CNC and Conventional segments based on the product. CNC is divided into cylindrical grinding machines, surface grinding machines, and other types of equipment. The CNC grinding machine sector dominates the market for grinding machines. This is due to the increased need for time efficiency, accuracy, lower operating costs, and increased production. One of the primary reasons driving the grinding machine market is the increasing growth in the utilization of cylindrical grinding machines. This is due to a rise in demand for high-precision items including bearings, busing, tubes, and rods. The grinding machine market is predicted to grow as product and software technology improves.

The grinding machines market is likely to be driven by rising demand for a variety of applications, including medical, die & mould, aerospace, and automotive. Grinding machines are widely used in the automobile sector for diverse applications such as hydraulic steering pistons, brake cylinders, brake pistons, spline, and gear shafts, connecting rods, and camshafts for outer diameter and interior diameter grinding. Grinding ensures that vehicle parts are fitted with extreme accuracy. Precision engineering is the fastest-growing market, thanks to rising demand for crucial components in semiconductors, consumer electronics and electrical, medical, oil and gas, and aerospace sectors. Furthermore, as developing nations such as China, India, and Vietnam become more industrialized, general machinery is contributing favorably to market size. 



  • Cylindrical

  • Gear

  • Surface 

  • Tools and cutter

  • Others(centerless)

  • Conventional


  • Aerospace and Defence

  • Automotive

  • Electrical and electronics

  • Shipbuilding

  • Others


The market for grinding machines is dominated by the Asia Pacific. This is due to increased demand from a variety of industries, including aerospace, automotive, and tooling. The grinding machine market is projected to be driven by rising demand for aerospace in the Asia Pacific region. The aerospace sector is expanding due to new aircraft purchases by developing countries such as Indonesia, Vietnam, and India. Because of increased demand from the metal processing sector, North America has seen tremendous expansion. Because of its large automotive sector, Europe is likely to contribute favorably to the growth of the grinding machinery market. The Middle East and Africa are expanding as Turkey's machine manufacturing industry expands. This is because construction and mining machinery is in high demand. The market for grinding machines in Latin America is expected to develop as demand for metal manufacturing rises.

Grinding Machinery Market By Region

Need any customization research on Grinding Machinery Market - Enquiry Now


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players of the market are Amada Machine Tools Co. Ltd, DANOBAT, ANCA Pty Ltd, Junker, Körber AG, Fives , Gleason Corporation, Hybrid Manufacturing Technologies, Makino Milling Machine Co. Ltd, JTEKT Corporation & Other Players

DANOBAT (Spain)-Company Financial Analysis

Company Landscape Analysis

Grinding Machinery Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 5.28  Billion
Market Size by 2031 US$ 7.76 Billion
CAGR CAGR of 4.94% From 2024 to 2031
Base Year 2021
Forecast Period 2024-2031
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Cylindrical, Surface, Gear, Tools and cutter, Others (centerless) and Conventional)
• by Application (Aerospace and Defence, Automotive, Electrical and electronics, Shipbuilding, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Amada Machine Tools Co. Ltd, (Japan), DANOBAT (Spain), ANCA Pty Ltd (Australia), Junker (Germany), Körber AG (Germany), Fives (France), Gleason Corporation (US), Hybrid Manufacturing Technologies (US), Makino Milling Machine Co. Ltd (Japan), and JTEKT Corporation (Japan).
Key Drivers Grinding machine advancements are increasing.

•Grinder deployment in mid-and small-scale industries
Restraints •A high initial investment cost is required to set up the plant.

•small-scale industries face a struggle in investing.

Frequently Asked Questions

Ans: - The Grinding Machinery Market size was valued at USD 5.28 Bn in 2023.

Ans: - The Grinding Machinery Market is to grow at a CAGR of 4.94% From 2024 to 2031.

Ans: - The segments covered in the Grinding Machinery Market report for study are on the basis of type and application.

Ans: - The primary growth tactics of Grinding Machinery market participants include merger and acquisition, business expansion, and product launch.

Ans: - Alto-Shaam, Inc., Cambro Manufacturing Co. Inc., Castle Stove, Duke Manufacturing Co. Inc., Dover Corporation, Electrolux Professional, Illinois Tool Works Inc., Ali Group, Middleby Corporation, Welbilt, Inc. are the key players in the Food Service Equipment market.

Table of Contents


1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis 

6. Porter’s 5 forces model

7. PEST Analysis

8. Grinding Machinery Market Segmentation, By Type

8.1 Cylindrical

8.2 Surface 

8.3 Gear

8.4 Tool and cutter

8.5 Other(centreless)

8.6 conventional

9. Grinding Machinery Market Segmentation, By Application

9.1 Aerospace and Defence

9.2 Automotive

9.3 Electrical and electronics

9.4 Shipbuilding

9.5 Others

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe


10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company Profiles

11.1 Amada Machine Tools Co. Ltd

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view


11.3 ANCA Pty Ltd

11.4 Junker

11.5 Körber AG

11.6 Fives

11.7 Gleason Corporation

11.8 Hybrid Manufacturing Technologies 

11.9 Makino Milling Machine Co. Ltd

11.10 JTEKT Corporation

12. Competitive Landscape

12.1 Competitive Benchmarking

12.2 Market Share Analysis

12.3 Recent Developments

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

  •            5000 (33% Discount)

  •            8950 (40% Discount)

  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone