Los Angeles, CA -- (SBWIRE) -- 03/22/2019 -- A grinding machine, often shortened to grinder, is any of various power tools or machine tools used for grinding, which is a type of machining using an abrasive wheel as the cutting tool. Each grain of abrasive on the wheel's surface cuts a small chip from the workpiece via shear deformation.
The increasing demand for grinding machines in aerospace applications will drive the growth prospects for the global grinding machinery market until the end of 2021. One of the major factors responsible for the growing demand for grinding machines in aircraft is its application in turbine rotors, shafts, fasteners, landing gear, and other parts to ensure quality and precision in various complex parts. The preference for grinding machines will further increase since they save time and help in manufacturing huge volumes of parts. With the increasing demand for new aircraft, the coming years will witness a rise in the demand for aircraft components, which will in turn, will spur the need for grinding machines.
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APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecast period. The demand for grinding machinery from the automotive, aerospace, and shipbuilding industries is the major factor fueling the growth of the market in this region.
The global Grinding Machinery market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Grinding Machinery volume and value at global level, regional level and company level. From a global perspective, this report represents overall Grinding Machinery market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
AMADA MACHINE TOOLS
ANCA
DANOBAT
JUNKER
Autania
Fives
Gleason
JTEKT
Makino
Master Abrasives
OKUMA
STUDER
TAIYO KOKI
Toyoda Americas
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Grinding Machinery Market Segment by Regions
North America
Europe
China
Japan
Grinding Machinery Market Segment by Type
General Machinery
Automotive Machinery
Precision Machinery
Grinding Machinery Market Segment by Application
Automotive
Consumer Goods
Aerospace & Defense
Electrical & Electronics
Shipbuilding
Others
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