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Grinding Machinery Market Report Scope & Overview:

The Grinding Machinery Market size was valued at USD 5.44 Billion in 2023 and is expected to reach USD 7.96 Billion by 2032 with a growing CAGR of 4.32% over the forecast period 2024-2032.

Grinding Machinery Market Revenue Analysis

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This report provides insights into regional manufacturing output and trends, utilization rates across different regions, and maintenance and downtime metrics for assessing operational performance. Additionally, it covers technological adoption rates by region to understand the impact of innovation on the industry. The report also includes a comprehensive analysis of export/import data to highlight global trade patterns and their influence on the market.

Grinding Machinery Market Dynamics

DRIVERS

Rising demand for precision engineering drives the grinding machinery market as industries like aerospace, automotive, and manufacturing require high-quality surface finishes and tight tolerances.

The rising demand for precision engineering is a key driver of growth in the grinding machinery market. Some industries such as aerospace, automotive, and manufacturing operations require high-grade surface finishes. These exacting sectors require highly precise finishes achievable with advanced grinding machinery. And as automotive designs get more complex and aerospace components require tighter tolerances, the demand for high-precision grinding continues to grow. Moreover, precision engineering enables the manufacture of complex parts and components with very few defects, which is critical in industries where even small flaws can lead to severe ramifications. With the growing demand of these industries, manufacturers are investing in superior grinding technologies to sustain their competitive edge, which is leading to perpetual adoption of CNC controlled and automated grinding machines, able to provide better production process accuracy as well as efficiency.

RESTRAINT

The high initial cost of advanced grinding machinery, especially those with automation and precision features, can be a financial barrier for smaller businesses with limited budgets.

The high initial cost of advanced grinding machinery, particularly those equipped with automation and high-precision capabilities, is a significant barrier for many businesses, especially small and medium-sized enterprises (SMEs). They may also have advanced features, such as computerized (CNC) capabilities that increase its precision and efficiency but raise the overall cost. While ideal, the initial capital expenditure can be unaffordable for certain sized businesses meaning they cannot access this state-of-the-art equipment. Furthermore, these machines could need considerable maintenance and training costs, which would also increase the financial cost. Companies, for instance, might choose to invest in less effective, cheaper machines or would postpone capital equipment upgrades, which can undermine their competitiveness in the industries that require high-precision production. This predicament hampers the widespread utilization of cutting-edge grinding equipment, particularly for companies situated in developing markets or with limited budgets.

OPPORTUNITY

Customization and application-specific grinding solutions cater to industries like aerospace, medical, and electronics, addressing their unique precision and surface finish requirements.

Customization and application-specific solutions present a significant opportunity for manufacturers in the grinding machinery market. More advanced industries, like medical, aerospace, and electronics, tend to have specialized grinding processes to achieve exact tolerances and specific product parameters. Aerospace components, for instance, require ultra-precision grinding if they are to meet the performance and safety goals, and medical devices need exacting standards in surface finishes and materials. There are furthermore increasing requirements in the electronics industry for fine, precise grinding of minute, complex workpieces. Manufacturers can specialize in customized grinding equipment designed for the unique requirements of these sectors, positioning themselves in areas of market specific solutions and value addition for niche applications. This trend enables companies to capitalize on their expertise in creating customer-specific products that improve productivity, product quality and performance, while responding to rising demand for high-quality, specialized equipment in advanced manufacturing industries.

CHALLENGES

The grinding machinery market is highly competitive, requiring companies to innovate continuously and differentiate their products to maintain market share.

The grinding machinery market is characterized by intense competition due to the presence of numerous global and regional players. The major players operating in this segment, including Amada Machine Tools, ANCA Pty Ltd and its Danobat, are focused on strengthening and expanding its market share by providing advanced technology-based high quality machine tools. This is why innovation is key when it comes to differentiating yourself in a competitive landscape. Organizations need to focus on R&D (research and development) to deliver required features like automation, precision improvements and energy-efficient solutions to the customer. Similarly, customer attraction largely depends on the variety of customization options, after-sales service and cost-effectiveness. Competition deepens as race technology advances rapidly and machines must be more powerful than ever. Manufacturers also need to ensure they focus on operational efficiency, product reliability, and reach in emerging markets to maintain an edge. There will always be a particular relentless push for innovation and certain changes, which are required for companies to embed themselves in the market.

Grinding Machinery Market Segmentation Analysis

By Type

The Precision Grinder segment dominated with a market share of over 66% in 2023, due to its vital role in industries that demand high accuracy and exceptional surface finishes. Precision grinding is fundamentally essential in sectors such as aerospace, automotive, and electronics, where components are manufactured with tight tolerances, intricate details, and flawless finishes. These sectors typically manufacture components like turbine blades, engine parts, and microelectronics that need to adhere to strict quality standards. Precision grinders are preferred as they ensure these high-performance results thus, they are critical in applications for which quality and precision cannot be compromised. The ongoing technological progress that enables increasingly sophisticated and intricate components for these industries will help maintain the strong demand for precision grinding machinery, solidifying its dominance in the market.

By Application

The Automotive segment dominated with a market share of over 25% in 2023, due to its significant demand for precision and high-quality manufacturing processes. Automotive components consist of highly differentiated components like engine parts, transmission gears, and other mechanical components, all of which need very precise machining. Grinding machines are critical in producing the fine tolerances, surface finishes, and complex shapes required for these parts. Leading industry players are deploying the latest grinding technologies to spend less time on production lines while producing more efficient products. The resultant high efficiency coupled with unmatched quality makes grinding machinery an integral part of the automotive sector propelling its stronghold in the market.

Grinding Machinery Market Regional Outlook

Asia-Pacific region dominated with a market share of over 42% in 2023, largely due to robust manufacturing activities in key countries such as China, Japan, and South Korea. Their economies have grown to be global centers of industrial production with a focus on industries such as automobile, aerospace, and heavy manufacturing. As these industries increasingly require high precision and advanced grinding technologies, their adoption rates of grinding machinery have soared. Numerous key manufacturers in the region and continuous innovations and expansions by companies to serve domestic and international markets also support this trend. This demand coupled with expansive industry growth propels Asia-Pacific’s market leadership.

North America is witnessing rapid growth in the grinding machinery market, driven by several key factors. Grinding machine technology is being really considered system of automation and precision engineering to travel far farther. Precision grinding machines are in higher demand in the pulp and paper industry, automotive, and aerospace & defense due to the increasing demand for high production standards and improved product quality. The trend towards increased automation in production lines also drives the need for more sophisticated grinding technologies. Moreover, the increased investments into the North American manufacturing sector, with a focus especially on upgrading machinery and the construction of new facilities, is further driving the growth of this market.

Grinding-Machinery-Market-Regional-Share

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Some of the major key players of the Grinding Machinery Market

  • Amada Machine Tools Co. Ltd (Surface Grinders, CNC Surface Grinders, Cylindrical Grinders)

  • DANOBAT (Grinding Machines, Vertical Grinding Machines, Cylindrical Grinders, Internal Grinders)

  • ANCA Pty Ltd (CNC Tool & Cutter Grinders, Grinding Software, Tool Grinding Solutions)

  • Junker (CBN Grinding Machines, Cylindrical Grinders, Profile Grinding Machines)

  • Körber AG (CNC Grinding Machines, Tool Grinding Solutions, Automatic Grinding Systems)

  • Fives (High-Precision Grinding Machines, CNC Grinding Machines, Grinding Systems for Aerospace)

  • Gleason Corporation (Gear Grinding Machines, CNC Gear Grinders, Gear Production Systems)

  • Hybrid Manufacturing Technologies (Hybrid Additive and Subtractive Manufacturing Systems, Hybrid 3D Printing Solutions)

  • Makino Milling Machine Co. Ltd (Vertical Machining Centers, Grinding Machines for Aerospace)

  • JTEKT Corporation (CNC Cylindrical Grinders, Centerless Grinders, Grinding Machines for Bearings)

  • Okamoto Machine Tool Works (Surface Grinders, Cylindrical Grinders, Precision Grinders)

  • Studer (Cylindrical Grinders, CNC Grinding Machines, Precision Grinding Machines)

  • Kellenberger (Universal Cylindrical Grinders, CNC Grinding Systems)

  • SCHAUDT (Cylindrical Grinders, Internal Grinders, Grinding Machines for Automotive)

  • Ziersch GmbH (Surface Grinders, Cylindrical Grinders, Special Grinding Solutions)

  • Toshiba Machine Co., Ltd. (Surface Grinders, CNC Grinding Machines, Vertical Grinders)

  • Heald Machine Co. (Precision Grinding Machines, Horizontal Grinders, CNC Grinders)

  • Chevalier Machinery Inc. (Surface Grinders, CNC Grinders, Double-Column Grinders)

  • Sunnen Products Company (Honing Machines, Vertical Honing, CNC Honing Systems)

  • Taiwan Grinding Machine Manufacturer (Cylindrical Grinders, CNC Grinding Machines, Surface Grinders)

Suppliers for (grinders, cylindrical grinders, and internal grinders. They are renowned for their ability to offer high-quality, customizable grinding solutions for various industries) on Grinding Machinery Market

  • Amada Machine Tools Co. Ltd

  • DANOBAT

  • ANCA Pty Ltd

  • Junker

  • Körber AG

  • Fives

  • Gleason Corporation

  • Hybrid Manufacturing Technologies

  • Makino Milling Machine Co. Ltd

  • Nidec Corporation

RECENT DEVELOPMENT

In February 2024: Nidec Machine Tool Corporation, a subsidiary of Nidec Corporation, announced the development of the world's first high-precision polishing (grinding) technique for machining internal gears. This method is designed for the mass production of gears used in automobile drive units, transmissions, and robot joints.

Grinding Machinery Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 5.44 Billion
Market Size by 2032 USD 7.96 Billion
CAGR CAGR of 4.32%  From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Non-precision Grinder (Bench Grinder, Portable Grinder, Pedestal Grinder, Flexible Grinder), (Precision Grinder (Cylindrical Grinding Machines, Surface Grinding Machines, Centre-less Grinding Machines, Tool and Cutter Grinding Machines))
• By Application (Automotive, Aerospace, Medical, Construction, Industrial Manufacturing, Electrical and Electronics, Marine Industry, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles 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, Okamoto Machine Tool Works, Studer, Kellenberger, SCHAUDT, Ziersch GmbH, Toshiba Machine Co., Ltd., Heald Machine Co., Chevalier Machinery Inc., Sunnen Products Company, Taiwan Grinding Machine Manufacturer.

Frequently Asked Questions

Ans:  The Grinding Machinery Market is expected to grow at a CAGR of 4.32% during 2024-2032.

Ans: The Grinding Machinery Market was USD 5.44 billion in 2023 and is expected to Reach USD 7.96 billion by 2032.

Ans: Rising demand for precision engineering drives the grinding machinery market as industries like aerospace, automotive, and manufacturing require high-quality surface finishes and tight tolerances.

Ans: The “Precision Grinder” segment dominated the Grinding Machinery Market.

Ans: Asia-Pacific dominated the Grinding Machinery Market in 2023

Table of Contents:

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

4.1 Market Driving Factors Analysis

4.1.2 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Manufacturing Output, by Region (2020-2023)

5.2 Utilization Rates, by Region (2020-2023)

5.3 Maintenance and Downtime Metrics

5.4 Technological Adoption Rates, by Region

5.5 Export/Import Data, by Region (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and supply chain strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Grinding Machinery Market Segmentation, By Type

7.1 Chapter Overview

7.2 Non-precision Grinder

7.2.1 Non-precision Grinder Market Trends Analysis (2020-2032)

7.2.2 Non-precision Grinder Market Size Estimates and Forecasts to 2032 (USD Billion)

7.2.3 Bench Grinder

7.2.3.1 Bench Grinder Market Trends Analysis (2020-2032)

7.2.3.2 Bench Grinder Market Size Estimates and Forecasts to 2032 (USD Billion)

7.2.4 Portable Grinder

7.2.4.1 Portable Grinder Market Trends Analysis (2020-2032)

7.2.4.2 Portable Grinder Market Size Estimates and Forecasts to 2032 (USD Billion)

7.2.5 Pedestal Grinder

7.2.5.1 Pedestal Grinder Market Trends Analysis (2020-2032)

7.2.5.2 Pedestal Grinder Market Size Estimates and Forecasts to 2032 (USD Billion)

7.2.6 Flexible Grinder

7.2.6.1 Flexible Grinder Market Trends Analysis (2020-2032)

7.2.6.2 Flexible Grinder Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 Precision Grinder

7.3.1 Precision Grinder Market Trends Analysis (2020-2032)

7.3.2 Precision Grinder Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3.3 Cylindrical Grinding Machines

7.3.3.1 Cylindrical Grinding Machines Market Trends Analysis (2020-2032)

7.3.3.2 Cylindrical Grinding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3.4 Surface Grinding Machines

7.3.4.1 Surface Grinding Machines Market Trends Analysis (2020-2032)

7.3.4.2 Surface Grinding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3.5 Centre-less Grinding Machines

7.3.5.1 Centre-less Grinding Machines Market Trends Analysis (2020-2032)

7.3.5.2 Centre-less Grinding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3.6 Tool and Cutter Grinding Machines

7.3.5.1 Tool and Cutter Grinding Machines Market Trends Analysis (2020-2032)

7.3.5.2 Tool and Cutter Grinding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Grinding Machinery Market Segmentation, By Application

8.1 Chapter Overview

8.2 Automotive

             8.2.1 Automotive Market Trends Analysis (2020-2032)

8.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 Aerospace

8.3.1 Aerospace Market Trends Analysis (2020-2032)

8.3.2 Aerospace Market Size Estimates and Forecasts to 2032 (USD Billion)

8.4 Medical

         8.4.1 Medical Market Trends Analysis (2020-2032)

8.4.2 Medical Market Size Estimates and Forecasts to 2032 (USD Billion)

8.5 Construction

8.5.1 Construction Market Trends Analysis (2020-2032)

8.5.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)

8.6 Industrial Manufacturing

8.6.1Industrial Manufacturing Market Trends Analysis (2020-2032)

8.6.2 Industrial Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)

8.7 Electrical and Electronics

8.7.1 Electrical and Electronics Market Trends Analysis (2020-2032)

8.7.2 Electrical and Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)

8.8 Marine Industry

8.8.1 Marine Industry Market Trends Analysis (2020-2032)

8.8.2 Marine Industry Market Size Estimates and Forecasts to 2032 (USD Billion)

8.9 Others

8.9.1 Others Market Trends Analysis (2020-2032)

8.9.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

9. Regional Analysis

9.1 Chapter Overview

9.2 North America

9.2.1 Trends Analysis

9.2.2 North America Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.2.3 North America Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.2.4 North America Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.2.5 USA

9.2.5.1 USA Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.2.5.2 USA Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.2.6 Canada

9.2.6.1 Canada Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.2.6.2 Canada Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.2.7 Mexico

9.2.7.1 Mexico Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.2.7.2 Mexico Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3 Europe

9.3.1 Eastern Europe

9.3.1.1 Trends Analysis

9.3.1.2 Eastern Europe Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.3.1.3 Eastern Europe Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.3.1.4 Eastern Europe Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.1.5 Poland

9.3.1.5.1 Poland Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.1.5.2 Poland Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.1.6 Romania

9.3.1.6.1 Romania Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.1.6.2 Romania Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.1.7 Hungary

9.3.1.7.1 Hungary Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.1.7.2 Hungary Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.1.8 Turkey

9.3.1.8.1 Turkey Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.1.8.2 Turkey Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.1.9 Rest of Eastern Europe

9.3.1.9.1 Rest of Eastern Europe Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.1.9.2 Rest of Eastern Europe Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2 Western Europe

9.3.2.1 Trends Analysis

9.3.2.2 Western Europe Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.3.2.3 Western Europe Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.3.2.4 Western Europe Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.5 Germany

9.3.2.5.1 Germany Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.5.2 Germany Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.6 France

9.3.2.6.1 France Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.6.2 France Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.7 UK

9.3.2.7.1 UK Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.7.2 UK Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.8 Italy

9.3.2.8.1 Italy Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.8.2 Italy Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.9 Spain

9.3.2.9.1 Spain Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.9.2 Spain Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.10 Netherlands

9.3.2.10.1 Netherlands Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.10.2 Netherlands Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.11 Switzerland

9.3.2.11.1 Switzerland Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.11.2 Switzerland Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.12 Austria

9.3.2.12.1 Austria Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.12.2 Austria Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.3.2.13 Rest of Western Europe

9.3.2.13.1 Rest of Western Europe Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.3.2.13.2 Rest of Western Europe Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4 Asia-Pacific

9.4.1 Trends Analysis

9.4.2 Asia-Pacific Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.4.3 Asia-Pacific Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.4.4 Asia-Pacific Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.5 China

9.4.5.1 China Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.5.2 China Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.6 India

9.4.5.1 India Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.5.2 India Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.5 Japan

9.4.5.1 Japan Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.5.2 Japan Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.6 South Korea

9.4.6.1 South Korea Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.6.2 South Korea Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.7 Vietnam

9.4.7.1 Vietnam Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.2.7.2 Vietnam Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.8 Singapore

9.4.8.1 Singapore Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.8.2 Singapore Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.9 Australia

9.4.9.1 Australia Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.9.2 Australia Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.4.10 Rest of Asia-Pacific

9.4.10.1 Rest of Asia-Pacific Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.4.10.2 Rest of Asia-Pacific Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5 Middle East and Africa

9.5.1 Middle East

9.5.1.1 Trends Analysis

9.5.1.2 Middle East Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.5.1.3 Middle East Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.5.1.4 Middle East Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.1.5 UAE

9.5.1.5.1 UAE Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.1.5.2 UAE Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.1.6 Egypt

9.5.1.6.1 Egypt Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.1.6.2 Egypt Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.1.7 Saudi Arabia

9.5.1.7.1 Saudi Arabia Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.1.7.2 Saudi Arabia Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.1.8 Qatar

9.5.1.8.1 Qatar Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.1.8.2 Qatar Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.1.9 Rest of Middle East

9.5.1.9.1 Rest of Middle East Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.1.9.2 Rest of Middle East Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.2 Africa

9.5.2.1 Trends Analysis

9.5.2.2 Africa Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.5.2.3 Africa Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.5.2.4 Africa Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.2.5 South Africa

9.5.2.5.1 South Africa Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.2.5.2 South Africa Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.5.2.6 Nigeria

9.5.2.6.1 Nigeria Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.5.2.6.2 Nigeria Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.6 Latin America

9.6.1 Trends Analysis

9.6.2 Latin America Grinding Machinery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.6.3 Latin America Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)  

9.6.4 Latin America Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.6.5 Brazil

9.6.5.1 Brazil Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.6.5.2 Brazil Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.6.6 Argentina

9.6.6.1 Argentina Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.6.6.2 Argentina Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.6.7 Colombia

9.6.7.1 Colombia Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.6.7.2 Colombia Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

9.6.8 Rest of Latin America

9.6.8.1 Rest of Latin America Grinding Machinery Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

9.6.8.2 Rest of Latin America Grinding Machinery Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

11. Company Profiles

           11.1 Amada Machine Tools Co. Ltd

             11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

            11.2 DANOBAT

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

            11.3 ANCA Pty Ltd

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 Junker

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Körber AG

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 Gleason Corporation

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 Hybrid Manufacturing Technologies

11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Makino Milling Machine Co. Ltd

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 JTEKT Corporation

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Fives 

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

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.

Key Segments:

By Type

  • Non-precision Grinder

    • Bench Grinder

    • Portable Grinder

    • Pedestal Grinder

    • Flexible Grinder

  • Precision Grinder

    • Cylindrical Grinding Machines

    • Surface Grinding Machines

    • Centre-less Grinding Machines

    • Tool and Cutter Grinding Machines

By Application

  • Automotive

  • Aerospace

  • Medical

  • Construction

  • Industrial Manufacturing

  • Electrical and Electronics

  • Marine Industry

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request 

Regional Coverage: 

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

Middle East

  • UAE

  • Egypt

  • Saudi Arabia

  • Qatar

  • Rest of the Middle East

Africa

  • Nigeria

  • South Africa

  • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request 

Available Customization 

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report: 

  • Detailed Volume Analysis 

  • Criss-Cross segment analysis (e.g. Product X Application) 

  • Competitive Product Benchmarking 

  • Geographic Analysis 

  • Additional countries in any of the regions 

  • Customized Data Representation 

  • Detailed analysis and profiling of additional market players


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