Us Electric Grinding Machine Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Electric Grinding Machine Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The U.S. electric grinding machine market has experienced significant growth, driven by advancements in manufacturing technologies and the increasing demand for precision-engineered components across various industries. In 2023, the market size surpassed USD 1.2 billion and is projected to reach USD 2 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 5.1% during this period. This growth is primarily attributed to the automotive sector's need for high-precision grinding equipment used in the production of critical components such as engine parts, transmission components, and chassis elements. The aerospace and medical device industries also contribute to the demand for advanced grinding machinery, as they require components with tight tolerances and superior surface finishes. The integration of automation and Industry 4.0 technologies, including the Internet of Things (IoT) and artificial intelligence (AI), has further enhanced the capabilities of electric grinding machines, leading to improved efficiency and reduced operational costs. These technological advancements enable manufacturers to achieve higher precision and consistency in their production processes, meeting the stringent quality standards required by modern industries. The market is characterized by the presence of several key players, including Schaudt Mikrosa GmbH, Haas Automation, Inc., Doimak, Kellenberger & Co. AG, UNITED GRINDING North America, Inc., Okuma Corporation, Studer AG, Toyoda Machinery USA Corporation, and EMAG GmbH & Co. KG. These companies are actively involved in research and development to introduce innovative grinding solutions that cater to the evolving needs of manufacturers. The increasing adoption of electric grinding machines is also influenced by the growing trend of Do It Yourself (DIY) culture among homeowners for personal home touch-ups and renovations. Additionally, rapid urbanization in many countries is pushing the demand in the construction sector for new homes, further driving the need for electric grinding machines. However, the market faces challenges such as fluctuating prices of raw materials used in manufacturing grinding machines, which can impact production costs and pricing strategies. Despite these challenges, the U.S. electric grinding machine market is expected to continue its upward trajectory, supported by ongoing technological advancements and the expanding applications of grinding machinery across various sectors. Manufacturers are focusing on enhancing the versatility and efficiency of their products to meet the diverse requirements of end-users, thereby contributing to the market's growth and development. The integration of smart technologies and automation is anticipated to play a pivotal role in shaping the future of the electric grinding machine market, offering opportunities for innovation and improved performance in manufacturing processes. As industries continue to evolve and demand higher precision and efficiency, the U.S. electric grinding machine market is poised for sustained growth, driven by technological advancements and the increasing need for high-quality components across various sectors.
Get an In-Depth Research Analysis of the Global Electric Grinding Machine Market Size And Forecast [2025-2032]
Â
TTI
Stanley Black & Decker
KEN
CS Unitec
Robert Bosch Power Tools GmbH
Atlas Copco
FEIN Power Tools
Koki Holdings
Makita
Apex Tool Group
Hilti
Dongcheng Tools
Positec
Chervon Holdings
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Electric Grinding Machine Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Grinding Machine Market
Surface Grinding Machine
Cylindrical Grinding Machine
Centerless Grinding Machine
Tool & Cutter Grinding Machine
Bench Grinding Machine
Floor Grinding Machine
Metal Fabrication
Aerospace
Automotive
Construction
Electronics
Energy
Manufacturing
Construction
Automotive
Electronics
Metalworking
Aerospace
Electric
Pneumatic
Hydraulic
Portable Electric Grinding Machines
Stationary Electric Grinding Machines
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Electric Grinding Machine Market Research Analysis
1. Introduction of the Global Electric Grinding Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Grinding Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Grinding Machine Market, By Type
6. Global Electric Grinding Machine Market, By Application
7. Global Electric Grinding Machine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Grinding Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/