Grinding Machinery Market Size Worth USD 8.82 Billion by 2034 | CAGR: 4.20%

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.

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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.

Grinding Machinery Market Report Highlights

• 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; Körber AG; LMW Limited; Murata Machinery USA; Rieter; Saurer Intelligent Technology AG; and Trützschler 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