A grinding machine, often shortened to grinder, is any of various power tools or machine tools used for grinding, which is a type of machining using an abrasive wheel as the cutting tool. Each grain of abrasive on the wheel's surface cuts a small chip from the workpiece via shear deformation.
The increasing demand for grinding machines in aerospace applications will drive the growth prospects for the global grinding machinery market until the end of 2021. One of the major factors responsible for the growing demand for grinding machines in aircraft is its application in turbine rotors, shafts, fasteners, landing gear, and other parts to ensure quality and precision in various complex parts. The preference for grinding machines will further increase since they save time and help in manufacturing huge volumes of parts. With the increasing demand for new aircraft, the coming years will witness a rise in the demand for aircraft components, which will in turn, will spur the need for grinding machines.
APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecast period. The demand for grinding machinery from the automotive, aerospace, and shipbuilding industries is the major factor fueling the growth of the market in this region.
In 2019, the market size of Grinding Machinery is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Grinding Machinery.
This report studies the global market size of Grinding Machinery, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Grinding Machinery production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AMADA MACHINE TOOLS
ANCA
DANOBAT
JUNKER
Autania
Fives
Gleason
JTEKT
Makino
Master Abrasives
OKUMA
STUDER
TAIYO KOKI
Toyoda Americas
Market Segment by Product Type
General Machinery
Automotive Machinery
Precision Machinery
Market Segment by Application
Automotive
Consumer Goods
Aerospace & Defense
Electrical & Electronics
Shipbuilding
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Grinding Machinery status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Grinding Machinery manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Grinding Machinery are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Grinding Machinery. Industry analysis & Market Report on Grinding Machinery is a syndicated market report, published as Global (United States, European Union and China) Grinding Machinery Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Grinding Machinery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.