Global Grinding Machinery Market Is Expected To Grow At A CAGR Of 4.2% By 2023
Grinding Machinery is used for the common form of abrasive machining. The process involves material cutting which consists of an abrasive tool whose cutting elements are grains of abrasive material known as grit. These grits are characterized by sharp cutting points, high hot hardness, and wear resistance.
The growth of global grinding machinery market can majorly be attributed to growing global automotive industry and rising demand from end-use industries. Also, the growing number of innovation in grinding machines is expected to boost the market growth. Several companies have continuously been focusing on evolving grinding machinery market by developing technologically advanced grinding machines. This has led to the introduction of advance machinery that helps in the manufacture of precise and accurate products in lesser time and at lower costs.
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Market Research Analysis:
The global grinding machinery market has been analyzed based on the three segments, namely types, end-user and regions. On the basis of types, the global grinding machinery market is segmented as cylindrical, surface, gear, tool & cutter and others. The market is collectively driven by cylindrical, surface and gear grinding machines segments.
Based on end-user, the global Grinding Machinery Market is bifurcated as general machinery, automotive machinery, precision machinery, and others, among which, general machinery accounted for the largest share in 2016 and is anticipated to continue the dominance during the forecast period. The growth of this segment is driven by factors such as rapid growth in emerging economies, rising innovation & up gradation of machines and the establishment of new manufacturing units.
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Amada Machine Tools Co. Ltd, (Japan), DANOBAT (Spain), ANCA Pty Ltd. (Australia), Junker (Germany), Körber AG (Germany), Fives (France), Gleason Corporation (U.S.), Hybrid Manufacturing Technologies (U.S.), Makino Milling Machine Co. Ltd. (Japan), and JTEKT Corporation (Japan) are some of the leading players operating in the global grinding machinery market.
Scope of the Report:
This study provides an overview of the Global Grinding Machinery Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global grinding machinery market by its types, by end-user and regions.
- Tool & Cutter
- General Machinery
- Automotive Machinery
- Precision Machinery
- Asia Pacific
- North America
- Rest of World
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List Of Tables
Table 1 Global Grinding Machinery Market, By Types
Table 2 Global Grinding Machinery Market, By End-User
Table 3 Global Grinding Machinery Market, By Region
Table 4 Asia-Pacific Grinding Machinery Market, By Types
Table 5 Asia-Pacific Grinding Machinery Market, By End-User
Table 6 Asia-Pacific Grinding Machinery Market, By Country
Table 7 China Grinding Machinery Market, By Types
Table 8 China Grinding Machinery Market, By End-User
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