PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762295
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762295
The global grinding machinery market size is expected to reach USD 8.82 billion by 2034, according to a new study by Polaris Market Research. The report "Grinding Machinery Market Size, Share, & Industry Analysis Report: By Type, By Application (Automotive, Aerospace, Medical, Construction, Industrial Manufacturing, Electrical and Electronics, Marine, and Others), and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Grinding machinery refers to industrial equipment designed to reduce the size of materials or refine their surfaces through abrasion, typically using rotating wheels or belts coated with abrasive particles. These machines are essential in manufacturing, metalworking, construction, and other industries where precision shaping, smoothing, or material removal is required. Grinding machinery operates on principles of friction and cutting action, enabling it to work on metals, ceramics, plastics, and composites with high accuracy. Common types include surface grinders, cylindrical grinders, centerless grinders, and tool and cutter grinders, each serving specific applications based on workpiece geometry and desired finish.
Grinding machinery plays a critical role in multiple industries due to its versatility and precision. In metalworking, it is used to finish machined parts, sharpen tools, and achieve tight tolerances in components such as engine parts, engine bearings, and gears. The automotive industry relies on grinding for camshafts, crankshafts, and transmission components to ensure durability and performance. In aerospace, grinding ensures the precision of turbine blades and other high-stress components. The construction sector uses grinding machines to smooth concrete, polish stone, and cut hard materials. Additionally, the medical industry employs precision grinding for implants and surgical instruments, where surface finish and dimensional accuracy are crucial.
In terms of type, the precision grinder segment accounted for a major grinding machinery market share in 2024 due to the rising demand for high-accuracy machining across key industries such as automotive, aerospace, and medical device manufacturing.
Based on application, the industrial manufacturing segment dominated the market share in 2024 due to the increasing need for high-precision equipment and efficient material removal processes in sectors such as metalworking.
Asia Pacific accounted for a major market share in 2024 due to rapid industrialization, expanding automotive production, and the growing presence of precision engineering firms across countries such as China, Japan, South Korea, and India.
The market in North America is expected to grow at a robust pace in the coming years, owing to the growing aerospace, automotive, and medical device manufacturing.
A few of the global key market players are AMADA MACHINERY CO., LTD.; ANCA; Danobat; Fives; Junker; Korber AG; LMW Limited; Murata Machinery USA; Rieter; Saurer Intelligent Technology AG; and Trutzschler Group SE.
Polaris Market Research has segmented the grinding machinery market report on the basis of type, application, and region:
By Type Outlook (Revenue, USD Billion, 2020-2034)
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 Outlook (Revenue, USD Billion, 2020-2034)
Automotive
Aerospace
Medical
Construction
Industrial Manufacturing
Electrical and Electronics
Marine
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America