Grinding Machinery Market Size and Forecast 2021 - 2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, Industry, Machine Technology, and Geography

List of Tables

The Grinding Machinery market size was valued at US$ 6,102.46 million in 2024 and is expected to reach US$ 8,441.31 million by 2031; it is estimated to record a CAGR of 4.9% from 2024 to 2031.

The grinding machinery market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. Asia Pacific dominated the market in 2023, followed by Europe and North America, respectively. Asia Pacific maintains a prominent position in the grinding machinery market owing to its strong industrial base and technological advancements. China dominates the market in this region. Japan, South Korea, and India are key contributors to the Asia Pacific market. China is one of the substantial manufacturing hubs in the region. The existence of industries such as aerospace, automotive, defense, and industrial machinery manufacturing fuels the demand for grinding machinery in Asia Pacific. These industries demand advanced fabricating solutions to meet the growing demand for precision components. The defense and aerospace sectors in China and India play a prominent role in driving the grinding machinery market. The ongoing technological innovations and the boost in military spending contribute to the market's growth. In 2022, the significant expansion of China's manufacturing industry, as indicated by the high purchasing managers' index (PMI) for the manufacturing sector, suggested increased production and demand for grinding machinery. With the PMI reaching its highest level in over a decade and showing a clear expansion trend, it signifies a favorable environment for industries that rely on grinding machinery. Thus, growing development in the industrial sector and the rising trend of precision manufacturing in the manufacturing sector are boosting the growth of grinding machinery in Asia Pacific.

Europe contributes a substantial share of the global grinding machinery market. The region is identified for its well-established manufacturing industries, including automotive, aerospace, industrial machinery, and medical devices. These industries rely heavily on grinding machinery to attain high precision and proficiency in their manufacturing procedures. Germany is a key market within Europe, identified for its innovative engineering and manufacturing capacities. The country's strong emphasis on innovation, automation, and digitalization drives the demand for grinding machinery. In 2022, the government in Germany invested US$ 220 billion in industrial transformation; Germany will see development in aerospace and industrial manufacturing, which will lead to an increase in demand for cutting-edge grinding machinery. Additionally, the European market is characterized by the adoption of numerical computer control (CNC) machines and precision manufacturing. The prominence of sustainability, energy efficiency, and environmental regulations further influences market dynamics.

The adoption of grinding machinery in China is driven by rapid industrial expansion across sectors such as automotive, aerospace, medical industry, and manufacturing. As China emphasizes improving its production capabilities and the durability of critical industrial components, grinding machinery has become a crucial process in component and parts manufacturing. China is one of the world's substantial automotive producers that significantly utilizes grinding machinery to treat springs, gears, and crankshafts, ensuring durability. The presence of large automotive manufacturers such as Zhejiang Geely Holding Group Co., Ltd. (Geely) and BYD incorporate advanced procedures in their production procedures to meet consumer demands for steadfast and long-lasting vehicles. With the rise of the aerospace sector in China, led by state-owned entities such as the Commercial Aircraft Corporation of China (COMAC), CNC machine is widely implemented in the manufacturing process of aircraft components such as fuselage panels, wing structures, and turbine blades; this ensures compliance with international safety standards.

In terms of solution, the grinding machinery market is segmented into cylindrical grinding machine, coordinate grinding machine, others. The others segment dominated the grinding machinery market share in 2024 and is expected to maintain its dominance during the forecast period.

Cylindrical grinding machines are designed to perform grinding operations on cylindrical workpieces. These machines typically rotate the workpiece against a rotating grinding wheel to remove material and achieve high precision in diameter and surface finish. The grinding process may include external, internal, and contour grinding, depending on the machine type and the workpiece requirements. Cylindrical grinding machines are primarily distinguished from other grinding types by their ability to handle cylindrical components. Unlike coordinate grinding machines, which are used for multi-dimensional grinding, cylindrical grinders focus on producing accurate cylindrical shapes, ideal for shafts, rods, and bushings. The market growth for the coordinate grinding machine segment is fueled by technological advancements such as the integration of automation and smart manufacturing solutions. The increasing complexity of parts in industries such as aerospace and medical devices also drives the demand for the grinding machinery.

DANOBAT GROUP; DMG Mori Company Limited; JTEKT Corp; Okuma Corp; Kellenberger Switzerland AG; Fives SAS; Erwin Junker Maschinenfabrik GmbH; HMT Machine Tools Limited; Fritz Studer AG; Fehlmann AG; PALMARY Machinery Co., Ltd.; EMAG Systems GmbH; Robbi Group SRL; LIZZINI; and MAG IAS GmbH are among the key grinding machinery market players that are profiled in this market study.

The overall grinding machinery market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the grinding machinery market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the grinding machinery market.

Product Code: TIPRE00010613

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Analyst Market Outlook
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Grinding Machinery Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 Raw Material and Component Suppliers:
- 4.3.2 Machine Manufacturers:
- 4.3.3 End Users:
- 4.3.4 List of Vendors in Value Chain
4.4 Average Selling Price
4.5 ESG Outlook
4.6 Import and Export Analysis (As Per the Nearest HS Code)
- 4.6.1 Export Analysis
- 4.6.2 Import Analysis

5. Grinding Machinery Market - Key Market Dynamics

5.1 Grinding Machinery Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Growing Demand in Automotive Industry
- 5.2.2 Increasing Use of Grinding Machines in Aviation Industry
5.3 Market Restraints
- 5.3.1 Technical Limitations
5.4 Market Opportunities
- 5.4.1 Increasing Need for Precision in MedTech Industry
- 5.4.2 Growing Importance of Grinding Machines in Manufacturing Industry
5.5 Future Trends
- 5.5.1 Integration of Advanced Technologies
5.6 Impact of Drivers and Restraints:

6. Grinding Machinery Market - Global Market Analysis

6.1 Grinding Machinery Market Revenue (US$ Million), 2021-2031
6.2 Grinding Machinery Market Forecast Analysis

7. Grinding Machinery Market Analysis - by Type

7.1 Cylindrical Grinding Machine
- 7.1.1 Overview
- 7.1.2 Cylindrical Grinding Machine: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Coordinate Grinding Machine
- 7.2.1 Overview
- 7.2.2 Coordinate Grinding Machine: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Others
- 7.3.1 Overview
- 7.3.2 Others: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
- 7.3.3 Grinding Machinery Market Analysis - by Cylindrical Grinding Machine Type
  - 7.3.3.1 Grinding Machinery Market Analysis - by External Diameter Size
  - 7.3.3.2 Grinding Machinery Market Analysis - by Internal Diameter Size

8. Grinding Machinery Market Analysis - by Industry

8.1 Medical
- 8.1.1 Overview
- 8.1.2 Medical: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Mold and Die Industry
- 8.2.1 Overview
- 8.2.2 Mold and Die Industry: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Aerospace and Defense
- 8.3.1 Overview
- 8.3.2 Aerospace and Defense: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Automotive
- 8.4.1 Overview
- 8.4.2 Automotive: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Electronics and Electrics
- 8.5.1 Overview
- 8.5.2 Electronics and Electrics: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Industry Machinery
- 8.6.1 Overview
- 8.6.2 Industry Machinery: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)

9. Grinding Machinery Market Analysis - by Machine Technology

9.1 CNC or NC Machine
- 9.1.1 Overview
- 9.1.2 CNC or NC Machine: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Conventional Machine
- 9.2.1 Overview
- 9.2.2 Conventional Machine: Grinding Machinery Market - Revenue and Forecast to 2031 (US$ Million)

10. Grinding Machinery Market - Geographical Analysis

10.1 Overview
10.2 North America
- 10.2.1 North America Grinding Machinery Market Overview
- 10.2.2 North America: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
- 10.2.3 North America: Grinding Machinery Market Breakdown, by Type
  - 10.2.3.1 North America: Grinding Machinery Market- Revenue and Forecast Analysis - by Type
    - 10.2.3.1.1 North America: Grinding Machinery Market- Revenue and Forecast Analysis - by Cylindrical Grinding Machine Type
      - 10.2.3.1.1.1 North America: Grinding Machinery Market- Revenue and Forecast Analysis - by External Diameter Size
      - 10.2.3.1.1.2 North America: Grinding Machinery Market- Revenue and Forecast Analysis - by Internal Diameter Size
- 10.2.4 North America: Grinding Machinery Market Breakdown, by Industry
  - 10.2.4.1 North America: Grinding Machinery Market- Revenue and Forecast Analysis - by Industry
- 10.2.5 North America: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.2.5.1 North America: Grinding Machinery Market- Revenue and Forecast Analysis - by Machine Technology
- 10.2.6 North America: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.1 North America: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.2 United States: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.2.6.2.1 United States: Grinding Machinery Market Breakdown, by Type
      - 10.2.6.2.1.1 United States: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.2.6.2.1.1.1 United States: Grinding Machinery Market Breakdown, by External Diameter Size
        10.2.6.2.1.1.2 United States: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.2.6.2.2 United States: Grinding Machinery Market Breakdown, by Industry
    - 10.2.6.2.3 United States: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.2.6.3 Canada: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.2.6.3.1 Canada: Grinding Machinery Market Breakdown, by Type
      - 10.2.6.3.1.1 Canada: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.2.6.3.1.1.1 Canada: Grinding Machinery Market Breakdown, by External Diameter Size
        10.2.6.3.1.1.2 Canada: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.2.6.3.2 Canada: Grinding Machinery Market Breakdown, by Industry
    - 10.2.6.3.3 Canada: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.2.6.4 Mexico: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.2.6.4.1 Mexico: Grinding Machinery Market Breakdown, by Type
      - 10.2.6.4.1.1 Mexico: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.2.6.4.1.1.1 Mexico: Grinding Machinery Market Breakdown, by External Diameter Size
        10.2.6.4.1.1.2 Mexico: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.2.6.4.2 Mexico: Grinding Machinery Market Breakdown, by Industry
    - 10.2.6.4.3 Mexico: Grinding Machinery Market Breakdown, by Machine Technology
10.3 Europe
- 10.3.1 Europe Grinding Machinery Market Overview
- 10.3.2 Europe: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
- 10.3.3 Europe: Grinding Machinery Market Breakdown, by Type
  - 10.3.3.1 Europe: Grinding Machinery Market- Revenue and Forecast Analysis - by Type
    - 10.3.3.1.1 Europe: Grinding Machinery Market- Revenue and Forecast Analysis - by Cylindrical Grinding Machine Type
      - 10.3.3.1.1.1 Europe: Grinding Machinery Market- Revenue and Forecast Analysis - by External Diameter Size
      - 10.3.3.1.1.2 Europe: Grinding Machinery Market- Revenue and Forecast Analysis - by Internal Diameter Size
- 10.3.4 Europe: Grinding Machinery Market Breakdown, by Industry
  - 10.3.4.1 Europe: Grinding Machinery Market- Revenue and Forecast Analysis - by Industry
- 10.3.5 Europe: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.5.1 Europe: Grinding Machinery Market- Revenue and Forecast Analysis - by Machine Technology
- 10.3.6 Europe: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.1 Europe: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.2 Germany: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.2.1 Germany: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.2.1.1 Germany: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.2.1.1.1 Germany: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.2.1.1.2 Germany: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.2.2 Germany: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.2.3 Germany: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.3 France: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.3.1 France: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.3.1.1 France: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.3.1.1.1 France: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.3.1.1.2 France: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.3.2 France: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.3.3 France: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.4 Italy: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.4.1 Italy: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.4.1.1 Italy: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.4.1.1.1 Italy: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.4.1.1.2 Italy: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.4.2 Italy: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.4.3 Italy: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.5 United Kingdom: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.5.1 United Kingdom: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.5.1.1 United Kingdom: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.5.1.1.1 United Kingdom: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.5.1.1.2 United Kingdom: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.5.2 United Kingdom: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.5.3 United Kingdom: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.6 Poland: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.6.1 Poland: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.6.1.1 Poland: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.6.1.1.1 Poland: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.6.1.1.2 Poland: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.6.2 Poland: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.6.3 Poland: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.7 Austria: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.7.1 Austria: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.7.1.1 Austria: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.7.1.1.1 Austria: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.7.1.1.2 Austria: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.7.2 Austria: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.7.3 Austria: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.8 Switzerland: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.8.1 Switzerland: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.8.1.1 Switzerland: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.8.1.1.1 Switzerland: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.8.1.1.2 Switzerland: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.8.2 Switzerland: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.8.3 Switzerland: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.9 Sweden: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.9.1 Sweden: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.9.1.1 Sweden: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.9.1.1.1 Sweden: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.9.1.1.2 Sweden: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.9.2 Sweden: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.9.3 Sweden: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.10 Norway: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.10.1 Norway: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.10.1.1 Norway: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.10.1.1.1 Norway: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.10.1.1.2 Norway: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.10.2 Norway: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.10.3 Norway: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.11 Denmark: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.11.1 Denmark: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.11.1.1 Denmark: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.11.1.1.1 Denmark: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.11.1.1.2 Denmark: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.11.2 Denmark: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.11.3 Denmark: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.12 Czech Republic: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.12.1 Czech Republic: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.12.1.1 Czech Republic: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.12.1.1.1 Czech Republic: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.12.1.1.2 Czech Republic: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.12.2 Czech Republic: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.12.3 Czech Republic: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.13 Belgium: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.13.1 Belgium: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.13.1.1 Belgium: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.13.1.1.1 Belgium: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.13.1.1.2 Belgium: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.13.2 Belgium: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.13.3 Belgium: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.14 Netherlands: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.14.1 Netherlands: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.14.1.1 Netherlands: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.14.1.1.1 Netherlands: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.14.1.1.2 Netherlands: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.14.2 Netherlands: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.14.3 Netherlands: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.15 Croatia: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.15.1 Croatia: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.15.1.1 Croatia: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.15.1.1.1 Croatia: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.15.1.1.2 Croatia: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.15.2 Croatia: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.15.3 Croatia: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.16 Romania: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.16.1 Romania: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.16.1.1 Romania: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.16.1.1.1 Romania: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.16.1.1.2 Romania: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.16.2 Romania: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.16.3 Romania: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.17 Slovenia: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.17.1 Slovenia: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.17.1.1 Slovenia: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.17.1.1.1 Slovenia: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.17.1.1.2 Slovenia: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.17.2 Slovenia: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.17.3 Slovenia: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.3.6.18 Rest of Europe: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.3.6.18.1 Rest of Europe: Grinding Machinery Market Breakdown, by Type
      - 10.3.6.18.1.1 Rest of Europe: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.3.6.18.1.1.1 Rest of Europe: Grinding Machinery Market Breakdown, by External Diameter Size
        10.3.6.18.1.1.2 Rest of Europe: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.3.6.18.2 Rest of Europe: Grinding Machinery Market Breakdown, by Industry
    - 10.3.6.18.3 Rest of Europe: Grinding Machinery Market Breakdown, by Machine Technology
10.4 Asia Pacific
- 10.4.1 Asia Pacific Grinding Machinery Market Overview
- 10.4.2 Asia Pacific: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
- 10.4.3 Asia Pacific: Grinding Machinery Market Breakdown, by Type
  - 10.4.3.1 Asia Pacific: Grinding Machinery Market- Revenue and Forecast Analysis - by Type
    - 10.4.3.1.1 Asia Pacific: Grinding Machinery Market- Revenue and Forecast Analysis - by Cylindrical Grinding Machine Type
      - 10.4.3.1.1.1 Asia Pacific: Grinding Machinery Market- Revenue and Forecast Analysis - by External Diameter Size
      - 10.4.3.1.1.2 Asia Pacific: Grinding Machinery Market- Revenue and Forecast Analysis - by Internal Diameter Size
- 10.4.4 Asia Pacific: Grinding Machinery Market Breakdown, by Industry
  - 10.4.4.1 Asia Pacific: Grinding Machinery Market- Revenue and Forecast Analysis - by Industry
- 10.4.5 Asia Pacific: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.5.1 Asia Pacific: Grinding Machinery Market- Revenue and Forecast Analysis - by Machine Technology
- 10.4.6 Asia Pacific: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.1 Asia Pacific: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.2 Australia: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.2.1 Australia: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.2.1.1 Australia: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.2.1.1.1 Australia: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.2.1.1.2 Australia: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.2.2 Australia: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.2.3 Australia: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.3 China: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.3.1 China: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.3.1.1 China: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.3.1.1.1 China: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.3.1.1.2 China: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.3.2 China: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.3.3 China: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.4 India: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.4.1 India: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.4.1.1 India: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.4.1.1.1 India: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.4.1.1.2 India: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.4.2 India: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.4.3 India: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.5 Japan: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.5.1 Japan: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.5.1.1 Japan: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.5.1.1.1 Japan: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.5.1.1.2 Japan: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.5.2 Japan: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.5.3 Japan: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.6 South Korea: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.6.1 South Korea: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.6.1.1 South Korea: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.6.1.1.1 South Korea: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.6.1.1.2 South Korea: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.6.2 South Korea: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.6.3 South Korea: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.7 Malaysia: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.7.1 Malaysia: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.7.1.1 Malaysia: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.7.1.1.1 Malaysia: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.7.1.1.2 Malaysia: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.7.2 Malaysia: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.7.3 Malaysia: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.8 Taiwan: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.8.1 Taiwan: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.8.1.1 Taiwan: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.8.1.1.1 Taiwan: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.8.1.1.2 Taiwan: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.8.2 Taiwan: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.8.3 Taiwan: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.9 Thailand: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.9.1 Thailand: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.9.1.1 Thailand: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.9.1.1.1 Thailand: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.9.1.1.2 Thailand: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.9.2 Thailand: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.9.3 Thailand: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.4.6.10 Rest of APAC: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.4.6.10.1 Rest of APAC: Grinding Machinery Market Breakdown, by Type
      - 10.4.6.10.1.1 Rest of APAC: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.4.6.10.1.1.1 Rest of APAC: Grinding Machinery Market Breakdown, by External Diameter Size
        10.4.6.10.1.1.2 Rest of APAC: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.4.6.10.2 Rest of APAC: Grinding Machinery Market Breakdown, by Industry
    - 10.4.6.10.3 Rest of APAC: Grinding Machinery Market Breakdown, by Machine Technology
10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Grinding Machinery Market Overview
- 10.5.2 Middle East and Africa: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
- 10.5.3 Middle East and Africa: Grinding Machinery Market Breakdown, by Type
  - 10.5.3.1 Middle East and Africa: Grinding Machinery Market- Revenue and Forecast Analysis - by Type
    - 10.5.3.1.1 Middle East and Africa: Grinding Machinery Market- Revenue and Forecast Analysis - by Cylindrical Grinding Machine Type
      - 10.5.3.1.1.1 Middle East and Africa: Grinding Machinery Market- Revenue and Forecast Analysis - by External Diameter Size
      - 10.5.3.1.1.2 Middle East and Africa: Grinding Machinery Market- Revenue and Forecast Analysis - by Internal Diameter Size
- 10.5.4 Middle East and Africa: Grinding Machinery Market Breakdown, by Industry
  - 10.5.4.1 Middle East and Africa: Grinding Machinery Market- Revenue and Forecast Analysis - by Industry
- 10.5.5 Middle East and Africa: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.5.5.1 Middle East and Africa: Grinding Machinery Market- Revenue and Forecast Analysis - by Machine Technology
- 10.5.6 Middle East and Africa: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.1 Middle East and Africa: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.2 South Africa: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.5.6.2.1 South Africa: Grinding Machinery Market Breakdown, by Type
      - 10.5.6.2.1.1 South Africa: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.5.6.2.1.1.1 South Africa: Grinding Machinery Market Breakdown, by External Diameter Size
        10.5.6.2.1.1.2 South Africa: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.5.6.2.2 South Africa: Grinding Machinery Market Breakdown, by Industry
    - 10.5.6.2.3 South Africa: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.5.6.3 Saudi Arabia: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.5.6.3.1 Saudi Arabia: Grinding Machinery Market Breakdown, by Type
      - 10.5.6.3.1.1 Saudi Arabia: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.5.6.3.1.1.1 Saudi Arabia: Grinding Machinery Market Breakdown, by External Diameter Size
        10.5.6.3.1.1.2 Saudi Arabia: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.5.6.3.2 Saudi Arabia: Grinding Machinery Market Breakdown, by Industry
    - 10.5.6.3.3 Saudi Arabia: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.5.6.4 United Arab Emirates: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.5.6.4.1 United Arab Emirates: Grinding Machinery Market Breakdown, by Type
      - 10.5.6.4.1.1 United Arab Emirates: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.5.6.4.1.1.1 United Arab Emirates: Grinding Machinery Market Breakdown, by External Diameter Size
        10.5.6.4.1.1.2 United Arab Emirates: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.5.6.4.2 United Arab Emirates: Grinding Machinery Market Breakdown, by Industry
    - 10.5.6.4.3 United Arab Emirates: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.5.6.5 Rest of Middle East and Africa: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.5.6.5.1 Rest of Middle East and Africa: Grinding Machinery Market Breakdown, by Type
      - 10.5.6.5.1.1 Rest of Middle East and Africa: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.5.6.5.1.1.1 Rest of Middle East and Africa: Grinding Machinery Market Breakdown, by External Diameter Size
        10.5.6.5.1.1.2 Rest of Middle East and Africa: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.5.6.5.2 Rest of Middle East and Africa: Grinding Machinery Market Breakdown, by Industry
    - 10.5.6.5.3 Rest of Middle East and Africa: Grinding Machinery Market Breakdown, by Machine Technology
10.6 South and Central America
- 10.6.1 South and Central America Grinding Machinery Market Overview
- 10.6.2 South and Central America: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
- 10.6.3 South and Central America: Grinding Machinery Market Breakdown, by Type
  - 10.6.3.1 South and Central America: Grinding Machinery Market- Revenue and Forecast Analysis - by Type
    - 10.6.3.1.1 South and Central America: Grinding Machinery Market- Revenue and Forecast Analysis - by Cylindrical Grinding Machine Type
      - 10.6.3.1.1.1 South and Central America: Grinding Machinery Market- Revenue and Forecast Analysis - by External Diameter Size
      - 10.6.3.1.1.2 South and Central America: Grinding Machinery Market- Revenue and Forecast Analysis - by Internal Diameter Size
- 10.6.4 South and Central America: Grinding Machinery Market Breakdown, by Industry
  - 10.6.4.1 South and Central America: Grinding Machinery Market- Revenue and Forecast Analysis - by Industry
- 10.6.5 South and Central America: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.6.5.1 South and Central America: Grinding Machinery Market- Revenue and Forecast Analysis - by Machine Technology
- 10.6.6 South and Central America: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.1 South and Central America: Grinding Machinery Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.2 Brazil: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.6.6.2.1 Brazil: Grinding Machinery Market Breakdown, by Type
      - 10.6.6.2.1.1 Brazil: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.6.6.2.1.1.1 Brazil: Grinding Machinery Market Breakdown, by External Diameter Size
        10.6.6.2.1.1.2 Brazil: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.6.6.2.2 Brazil: Grinding Machinery Market Breakdown, by Industry
    - 10.6.6.2.3 Brazil: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.6.6.3 Argentina: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.6.6.3.1 Argentina: Grinding Machinery Market Breakdown, by Type
      - 10.6.6.3.1.1 Argentina: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.6.6.3.1.1.1 Argentina: Grinding Machinery Market Breakdown, by External Diameter Size
        10.6.6.3.1.1.2 Argentina: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.6.6.3.2 Argentina: Grinding Machinery Market Breakdown, by Industry
    - 10.6.6.3.3 Argentina: Grinding Machinery Market Breakdown, by Machine Technology
  - 10.6.6.4 Rest of South and Central America: Grinding Machinery Market - Revenue, 2021 - 2031 (US$ Million)
    - 10.6.6.4.1 Rest of South and Central America: Grinding Machinery Market Breakdown, by Type
      - 10.6.6.4.1.1 Rest of South and Central America: Grinding Machinery Market Breakdown, by Cylindrical Grinding Machine Type
        
        10.6.6.4.1.1.1 Rest of South and Central America: Grinding Machinery Market Breakdown, by External Diameter Size
        10.6.6.4.1.1.2 Rest of South and Central America: Grinding Machinery Market Breakdown, by Internal Diameter Size
    - 10.6.6.4.2 Rest of South and Central America: Grinding Machinery Market Breakdown, by Industry
    - 10.6.6.4.3 Rest of South and Central America: Grinding Machinery Market Breakdown, by Machine Technology

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Market Share Analysis, 2024

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions

13. Company Profiles

13.1 DANOBATGROUP
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 DMG MORI COMPANY LIMITED
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 JTEKT Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Okuma Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Kellenberger Switzerland AG
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Fives SAS
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Erwin Junker Maschinenfabrik GmbH
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 HMT Machine Tools Limited
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Fritz Studer AG
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Fehlmann AG
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 PALMARY Machinery Co., Ltd.
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments
13.12 EMAG Systems GmbH
- 13.12.1 Key Facts
- 13.12.2 Business Description
- 13.12.3 Products and Services
- 13.12.4 Financial Overview
- 13.12.5 SWOT Analysis
- 13.12.6 Key Developments
13.13 Robbi Group SRL
- 13.13.1 Key Facts
- 13.13.2 Business Description
- 13.13.3 Products and Services
- 13.13.4 Financial Overview
- 13.13.5 SWOT Analysis
- 13.13.6 Key Developments
13.14 LIZZINI
- 13.14.1 Key Facts
- 13.14.2 Business Description
- 13.14.3 Products and Services
- 13.14.4 Financial Overview
- 13.14.5 SWOT Analysis
- 13.14.6 Key Developments
13.15 MAG IAS GmbH
- 13.15.1 Key Facts
- 13.15.2 Business Description
- 13.15.3 Products and Services
- 13.15.4 Financial Overview
- 13.15.5 SWOT Analysis
- 13.15.6 Key Developments

14. Appendix

14.1 About The Insight Partners