According to the latest report by IMARC Group, “Global Floor Grinding Machine Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, 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.
A floor grinding machine is specialized equipment used for grinding and polishing granite, marble and concrete floorings. It is widely used for repairing damaged surfaces, levelling uneven joints and increasing the durability of the floor. It also helps minimize dirt and moisture damage, remove inconsistencies and imperfect concrete, and restore old concrete to its original shape and form.
Floor Grinding Machine Market Trends and Drivers:
The market is primarily driven by rapid urbanization and significant growth of the construction industry. Besides this, floor grinding machines are environment-friendly, completely noiseless, dust-free and aid in decreasing pollution. As a result, malls and offices are rapidly adopting this machinery to eradicate the usage of paint and glue, and enhance their aesthetics, mechanical properties, and interiors.
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Moreover, the surging demand for remote-controlled floor grinding machines that are adjustable and effortless to operate is also escalating the demand for floor grinding machines. Furthermore, various initiatives undertaken by the governments of different nations that encourage smart infrastructure development are anticipated to drive the market further.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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.
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 and Tyrolit Group.
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
The 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
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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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