The latest research study “Global Floor Grinding Machine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that 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.
Covid-19 Impact:
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.
Industry Definition and Application:
A floor grinding machine is a customized, hand-controlled device that is used for grinding and polishing marble, granite, and other concrete floorings. It is designed with a handle, power plug, wheel guard, vacuum hole, control panel, water witch, toolbox, and abrasive pads. A floor grinding machine helps with leveling uneven joints, repairing damaged surfaces, renovating, and maintaining various types of floors, including marble, granite, terrazzo, etc. It assists in reducing moisture and dirt damage and restoring old concrete to its former shape. Consequently, floor grinding machines find widespread applications in the construction industry and are in high demand among both residential and non-residential consumers.
Global Floor Grinding Machine Market Trends and Drivers:
The expanding construction sector across countries and the increasing need among malls, hotels, educational facilities, offices, etc., to enhance the aesthetics of their interiors are primarily driving the floor grinding machine market. Besides this, the development of remote-controlled variants that are adjustable and easy to operate is also positively influencing the global market. Additionally, the escalating shift towards polished concrete flooring is further catalyzing the product demand. In line with this, the rising innovations, such as the introduction of environment-friendly grinders, which are dust-free, have low noise emission levels, and help in decreasing pollution, are further augmenting the market growth. Moreover, the launch of favorable policies by various government bodies to popularize smart infrastructure development is expected to propel the floor grinding machine market over the forecasted period.
| 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 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Head Type, Mode of Operation, Application, End User and Region |
| Regional scope | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
| Key companies profiled | 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. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
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
By Geography:
- 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
List of Major Key Players:
The major players in the market are 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.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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List of Tables
Table 1: Global: Floor Grinding Machine Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Floor Grinding Machine Market Forecast: Breakup by Head Type (in Million US$), 2022-2027
Table 3: Global: Floor Grinding Machine Market Forecast: Breakup by Mode of Operation (in Million US$), 2022-2027
Table 4: Global: Floor Grinding Machine Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Floor Grinding Machine Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Floor Grinding Machine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Floor Grinding Machine Market: Competitive Structure
Table 8: Global: Floor Grinding Machine Market: Key Players
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