According to the report by IMARC Group, titled “Floor Grinding Machine Market Analysis: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global floor grinding machine market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global floor grinding machine market reached a value of US$ 258.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 321.5 Million by 2027, exhibiting a CAGR of 3.45% during 2022-2027.
Floor grinding machines are hand-controlled equipment for polishing and grinding granite, marble, and concrete floorings. They comprise a regulating handle, toolbox, control panel, water witch, wheel guard, power plug, vacuum hole, and abrasive pads. They are widely used to maintain granite, limestone, marble, terrazzo, and concrete floors, level uneven joints, renovate, and repair damaged surfaces. Since floor grinding machines help eliminate inconsistencies and flaws, minimize dirt and moisture damage, and restore the original shape and form of old concrete, they find extensive applications in the construction industry.
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Floor Grinding Machine Market Trends and Drivers:
The global floor grinding machine market is primarily driven by increasing residential and commercial construction activities. Moreover, there has been widespread adoption of floor grinding machines due to their excellent durability, ease of use, and operational efficiency. In line with this, the surging product adoption in malls and offices to remove paint and glue, improve interior design and mechanical properties, and repair and restore the floor has augmented the demand for floor grinding machines.
Additionally, the shifting consumer preferences toward adjustable and easy-to-operate remote-controlled floor grinding machines have accelerated product adoption rates. Besides this, the launch of innovative, environment-friendly product variants that are dust-free, generate negligible noise and help reduce pollution has catalyzed the market growth. Other factors, including the shifting inclination toward polished concrete flooring, favorable government initiatives for smart infrastructure development, and technological advancements, are also anticipated to propel the market growth.
Floor Grinding Machine Market Report Scope | |
Report Coverage | Details |
Market size value in 2021 | US$ 258.5 Million |
Market forecast in 2027 | US$ 321.5 Million |
Growth Rate | CAGR of 3.45% from 2022 to 2027 |
Base year for estimation | 2021 |
Historical data | 2016-2021 |
Global Floor Grinding Machine Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
• Achilli S.r.l
• Bartell Global Inc.
• Fujian Xingyi Polishing Machine Co.Ltd
• HTC Group
• Husqvarna AB
• Klindex Srl
• Levetec, Linax Co. Ltd.
• National Flooring Equipment
• ROLL GmbH
• Scanmaskin Sverige AB
• Tyrolit Group
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The report has segmented the market on the basis of region, head type, mode of operation, application and end user.
Breakup by Head Type:
- One and Two Head
- Three and Four Head
- Others
Breakup by Mode of Operation:
- Remotely Controlled Grinders
- Manually Operated Grinders
- Handheld Grinders
Breakup by Application:
- Marble and Granite
- Concrete
- Others
Breakup by End User:
- Residential
- Non-Residential
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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