Grinding Machine Market Size - By Type, By Application Analysis, Share, Growth Forecast, 2025 - 2034

Grinding Machine Market Size

The global grinding machine market was estimated at USD 6 billion in 2024 and is expected to reach USD 10.1 billion by 2034, growing at a CAGR of 5.4% from 2025 to 2034, driven by increasing demand for precision manufacturing, growth in automotive industry, advancement in industrial automation and smart manufacturing and expanding metalworking market.
 

Grinding machines are the cornerstone of mass production because they run all day and night, turning product after product to standard quality. Grinding machines can manufacture complex structures. The grinding machines produce intricate structures with unparalleled accuracy and speed, whether the precise tooth shape of a gear or the bow shape of a turbine blade. This flexibility allows manufacturers to respond quickly to different manufacturing needs, creating different operations.
 

In 2023, Manufacturing added $2.3 trillion to U.S. GDP valued at 10.2 % of all U.S. GDP in chained 2017 dollars, as reported by BEA data. China produces approximately three times as much gross production as the second-largest producer, the United States, at 12%. Gross production is defined as the collective sales from production manufacturers in said country. Next are Japan at 6%, Germany at 4%, India and South Korea, both 3%. Italy, France, and Taiwan contribute 2% each, while the remaining 31% of the world accounts for the remaining percentage. In 2024 the value added was a record $8.6 trillion, an increase from $8.5 trillion in the prior year. In recent years, the overall yearly gain has been around $100 billion, and this is likely to continue.
 

Grinding Machine Market Trends

• Resource efficiency, e-mobility, digitalization and automation, individualization, ergonomics, and Industry 4.0 are the key mega trends changing the appearance of grinding machines, which is also affected by the availability of innovative technologies, especially sensors, actuators and the control or machine intelligence.
   
• At GrindingHub, Erwin Junker Maschinenfabrik GmbH from Nordrach presented grinding machines based on the newly developed Platform 3 for the first time. These are grinding machines that can be flexibly adapted to their application using various configurations. A modular construction kit allows implementation of grinding machines and processes designed for various applications on a uniform basis and using as many identical parts as possible.
   
• In the field of external cylindrical grinding, the NSH Group, Chemnitz, exhibited its latest Wotan S3A model at GrindingHub. This is a compact external cylindrical grinding machine for processing small to medium-sized workpieces up to a maximum of 600 kg and a selectable centre width of between 600 and 2,000 mm, depending on the version. In addition to a granite machine bed, the machine has two CNC-controlled linear axes with hydrostatic bearings in the z and x directions.
   

Grinding Machine Market Analysis

Based on type market is segmented into non-precision grinder and precision grinder. In 2024, the non-precision grinder segment was worth over USD 3.5 billion and precision grinder segment is expected to grow at CAGR of around 5.1% during 2025 to 2034.
 

• The recent advances in machine technology have produced faster, more precise and accurate grinding. Improved control systems have been a leading contributor to this advancement.
   
• Ongoing research has enhanced accuracy and reproducibility of surface finishes. Improved abrasive materials and bonders have been a major factor in advances in grinding wheel technology. Machine control systems have also been upgraded with sophisticated sensors and computer interfaces to provide the operator with greater control of the grinding process.
   
• Due to improved design of the machines, employees are able to execute hard grinding tasks effectively and precisely. With advanced control systems, new prospects for automation and flexibility emerge and, hence, productivity rises. And due to the production of sophisticated materials like ceramics and diamond, grinding rates and surfaces unthinkable in the past are attained using abrasive wheels.  
   

According to the application, the grinding machine market is segmented into automotive, aerospace, medical, construction, industrial manufacturing, electrical and electronics, marine industry and others. The construction segment accounted for over 25% revenue share in 2024.
 

• The growth of construction activities, especially in developing countries, is generating demand for high-precision parts in the manufacture of heavy machinery, construction equipment, and tools.
   
• Grinding machines sharpen construction equipment, such as cutting tools, blades, drills, and grinders that need sharp edges and smooth finishes for proper functioning.
   
• With the construction field embracing more mechanized options for production, automated grinding systems have a bright future in the potential to improve efficiency and minimize errors on the part of humans.
   
• Toyo Advanced Technologies has produced new versions of THG-35C, a horizontal internal grinding machine, and TGG-26-2W-HS, a gear grinding machine. In improvement on the existing model (T-1254N), the Company has embraced new materials in order to achieve stable machining and at the same time the automation of centering work. By so doing, it will introduce high precision machining that will be able to be put into practice with minimal reliance on expert labor.
   

North American grinding machine market captured more than 82% revenue share in 2024 and is estimated to reach USD 1.09 billion, driven by advancement in industrial technology, advancement in industrial automation and smart manufacturing and expanding metalworking market.
 

• The US economy will see a modest slowing on the back of geopolitical tensions. Canadian GDP growth, which has been slow in 2024, is going to pick up steam on the back of infrastructure spending and rising exports.
   
• US construction is projected to grow 2.5% CAGR till 2024, driven by rising investment in non-residential sectors such as data centers, manufacturing, infrastructure, and energy and utilities. The expansion is supported by government stimulus legislation such as the Infrastructure Investment and Jobs Act (IIJA), the Inflation Reduction Act (IRA), and the CHIPS and Science Act.
   
• Canadian construction sector witnesses a decline in production of 3.1% in 2024, owing primarily to ongoing issues in residential building. After 2025, the sector is expected to bounce back with a growth rate of 2.2% per annum, fueled by huge spending by the government in transportation, renewable energy, health and education.
   

Europe: Europe has a highly advanced manufacturing sector, including automobile, aerospace, medical equipment, and industrial production, all of which require grinding machines for precision cutting and surface finishing. With prominent aerospace players like Airbus and Rolls-Royce, the demand for grinding machines to produce such critical components as turbine blades, landing gears, and engine components with high quality and safety standards is growing.   
 

Grinding Machine Market Share

• The top five companies in EMAG, Junker, Kellenberger, Schaudt Mikrosa, United Grinding North America and they collectively hold a share of 10%-15% in the market.
   
•  These companies continue to acquire and merge with others, expand facilities, and make various collaborations to increase their product offerings, access customer bases, and secure their market positions.
   
• Switzerland-based Rollomatic SA highlighted its new GrindSmart 630 RS machine. This is a 6-axis tool grinding machine for manufacturing tools with up to a total length of 500 mm within a diameter range from 0.1 to 20.0 mm and an overall maximum groove length of 140 mm.
   
• In the Emag Group stand at GrindingHub, the Salach-based Emag Group introduced components of the machining process chain for hard-coated brake rotors, e.g., the VLC 450 DG, a special grinding machine for the high-precision hard-coated brake rotor grinding. Double-side grinding is employed. Because of high productivity by simultaneous machining of the two friction ring surfaces, high throughput and low cycle times, the process is applied in brake rotor production. The cross-ground structures formed orthogonal to the axis of rotation enhance the tribological running-in characteristic of the brake rotors relative to circumferential direction structures.
   

Grinding Machine Market Companies

Major players operating in the grinding machine industry are:

• Amada Machine Tools
• Danobat
• Doimak
• EMAG
• Gleason
• Haas Automation
• JTEKT Machinery Americas
• Junker
• Kellenberger
• Makino Milling Machine
• Okamoto
• Schaudt Mikrosa
• Studer
• Toyoda Machinery USA Corporation
• United Grinding North America
   

To improve the services and market share key players are constantly investing in technological activities and are also entering into partnerships to provide improved and better solutions for the customers. These investments are benefiting both companies and customers as they help develop and offer solutions as per the changing technological trends and thus the customer requirements.
 

Avyac featured their 5-axis NC18 CNC drill grinding machine. It is a highly automated, compact machine design for the manufacture of HSS and solid carbide drills in the range from 1 to 8 mm, optionally up to 14.5 mm. The tool length is 320 mm maximum. A circular loader makes it possible to use up to 90 tools, which are loaded and unloaded via gravity due to a special design.
 

United Grinding Group declares signing an agreement with Georg Fischer AG (GF) on the purchase of its GF Machining Solutions Division (GFMS) with a view to enhancing its market position and providing its global customers with even more extensive solutions. United Grinding and GFMS will come together and become a worldwide ultra-precision machining leader.
 

Grinding Machine Industry News

• In January 2024, Koyo Machinery USA, which supplies precision grinding machines and production systems, has been absorbed into JTEKT Machinery's product offerings, services, and customer support functions. The integration is a follow-up to JTEKT Corporation's international brand "unification initiative" announced in 2021 aimed at transforming the company strategically for higher efficiency and enhanced intercompany synergy.
   
• In February 2024, Nidec Machine Tool Corporation, a group company of Nidec Corporation, has declared that it has established the world's first high-accuracy polishing (grinding) technique to machine internal gears for mass production, which are utilized for automobiles' drive units and transmissions and for robots' joints.
   
• In September 2023, Okamoto exhibited several new grinding machines at EMO Hannover 2023. They can be sourced in the UK from DF Precision Machinery Ltd, Lutterworth. The first is the new IGM15NCIII-2B twin-spindle boxer-type internal grinder with independently travelling wheel spindles for grinding wheels of various sizes. This enables various external and internal grinding operations with greater flexibility and capacity simultaneously.
   
• In September 2023, Star Cutter Company purchased Tru Tech CNC grinding systems from Resonetics (Nashua, N.H.), This is most likely to enhance its expansion in North America and Europe region of the companies and assist to carry out its operation in the Michigan facilities in Mt. Clemens and Lewiston.  
   

This grinding machine market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) and volume (Million Units) from 2021 to 2034, for the following segments:

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Market, By Type

• Non-precision grinder
  • Bench grinder
  • Portable grinder
  • Pedestal grinder
  • Flexible grinder
• Precision grinder
  • Cylindrical grinding machines
  • Surface grinding machines
  • Centre-less grinding machines
  • Tool and cutter grinding machines
  • Others   

Market, By Application

• Automotive
• Aerospace
• Medical
• Construction
• Industrial manufacturing
• Electrical and electronics
• Marine industry
• Other

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa