The latest research study “Floor Grinding Machine Market: Global 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:
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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Global 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 |
| 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
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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.
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