Vertical Cylinder Honing Machine Market size is estimated to be USD 150 Million in 2024 and is expected to reach USD 250 Million by 2033 at a CAGR of 6.2% from 2026 to 2033.
The global Vertical Cylinder Honing Machine Market was valued at approximately USD 685.3 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2030. The growth is driven by the increasing demand for precision engineered automotive and aerospace components, where surface finishing and accurate cylindrical geometries are critical. The vertical honing process, known for delivering superior bore geometry and surface finish, continues to gain traction in both OEMs and aftermarket services. Increasing adoption of CNC integrated honing machines is further accelerating the market by enabling high speed, consistent, and repeatable operations in high volume production environments.
Regionally, Asia Pacific dominated the market in 2022, accounting for over 38% of the global share, fueled by strong manufacturing bases in China, India, and Japan. North America followed, with around 27% share, backed by the robust presence of the automotive and aerospace sectors in the United States. Europe held approximately 22% of the market, with Germany, Italy, and France as the key contributors due to their established industrial automation ecosystems. The rest of the world, including Latin America and the Middle East & Africa, collectively accounted for the remaining 13%, presenting emerging opportunities as industrialization and demand for precision machining rise. Market opportunities are being shaped by increasing investments in automation, rising demand for electric vehicle components, and technological upgrades that enhance machine efficiency and process control across these regions.
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HP Singh Machinery
H&Y Technique Pte
Ohio Tool Works
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KADIA Production
Stahli USA
Robbi Group
PEMAMO SA
AMC-SCHOU A/S
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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. 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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Vertical Cylinder Honing Machine Market
Vertical honing machines
Portable vertical honing machines
Automotive industry
Aerospace industry
Engineering machinery
Consumer electronics
Others
Manual operation
Automatic operation
Semi-automatic operation
Manufacturers
OEMs (Original Equipment Manufacturers)
Aftermarket service providers
Power head
Worktable
Honing tool
Control system
Other components
US (United States, US 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)
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1. Introduction of the Global Vertical Cylinder Honing 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 Vertical Cylinder Honing Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vertical Cylinder Honing Machine Market, By Type
6. Global Vertical Cylinder Honing Machine Market, By Application
7. Global Vertical Cylinder Honing Machine Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Vertical Cylinder Honing Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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