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Grinding Machine Market Trends

Report ID: GMI5589
Published Date: Apr 2024
Report Format: PDF

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Grinding Machine Market Trends

The integration of Industry 4.0 principles and digital technologies into grinding machines is a significant trend shaping the market. Manufacturers are incorporating features such as IoT (Internet of Things) connectivity, real-time monitoring, predictive maintenance, and data analytics into grinding machines to improve efficiency, productivity, and reliability. Industry 4.0-enabled grinding machines facilitate remote monitoring, predictive maintenance scheduling, and performance optimization, enabling manufacturers to maximize equipment uptime, reduce downtime, and enhance overall equipment effectiveness (OEE). Automation and robotics are increasingly being integrated into grinding machines to automate repetitive tasks, improve process consistency, and enhance productivity.

Manufacturers are deploying robotic grinding cells, automated loading/unloading systems, and robotic tool changers to streamline production, reduce labor costs, and increase throughput. Robotic grinding systems offer benefits such as higher accuracy, faster cycle times, and 24/7 unmanned operation, driving adoption in industries such as automotive, aerospace, and medical device manufacturing.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of grinding machine was reached USD 5.7 billion in 2023 and is expected to register 5.1% CAGR from 2024 to 2032, owing to the growth of industries such as automotive, aerospace, machinery, electronics, and construction worldwide.

Grinding machine industry from the non precision grinders segment recorded USD 3.3 billion in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to their cost-effectiveness in machining applications where high precision is not a primary requirement.

North America grinding machine industry crossed USD 1.2 billion in 2023 and is expected to register a commendable CAGR up to 2032, due to the continuous production of critical components such as engine parts, transmission components, and chassis elements in the region.

Schaudt Mikrosa GmbH, Haas Automation, Inc., Doimak, Kellenberger & Co. AG, UNITED GRINDING North America, Inc., Okuma Corporation, Studer AG, Toyoda Machinery USA Corporation, and EMAG GmbH & Co. KG, are some of the major grinding machine companies worldwide.