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Stone Processing Machine Market Share

Report ID: GMI8985
Published Date: Apr 2024
Report Format: PDF

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Stone Processing Machine Market Share

Global Stone Processing Machine Company Market Share Analysis, 2023

The stone processing machine industry exhibits a moderate level of fragmentation, featuring numerous regional players worldwide. In 2023, prominent market leaders included Hitachi Construction Machinery Co., Ltd., Volvo Group, Caterpillar Inc., Biesse Group, and Komatsu Ltd., among others. These entities frequently utilize their established distribution networks and resources to penetrate new markets. They actively pursue strategic endeavors like mergers, acquisitions, facility expansions, and partnerships to diversify their product portfolios, reach broader customer bases, and fortify their market positions.

Stone Processing Machine Market Companies

Major players operating in the stone processing machine industry are:

Achilli S.r.l.
Biesse Group
Breton S.p.A.
Caterpillar Inc.
CMS Stone Technology
Donatoni Macchine S.r.l.
GMM S.p.A.
Hitachi Construction Machinery Co., Ltd.
Intermac
Komatsu Ltd.
Marmo Meccanica S.p.A.
Park Industries
Pedrini S.p.A.
Thibaut S.A.S.
Volvo Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of stone processing machine was worth USD 10.8 billion in 2023 and will exhibit 4.7% CAGR between 2024 and 2032, attributed to rise in renovation and remodeling activities in both residential and commercial sectors and advancements in technology, such as CNC-based machines.

The cutting machine segment in the stone processing machine market captured USD 4 billion in 2023 and will record USD 6.1 billion by 2032, owing to its crucial role in various applications, such as precision cutting, shaping, and sizing of stones for construction and artistic purposes.

Asia Pacific stone processing machine market registered 40% revenue share in 2023 and will grow at 42% share by 2032 due to rising urbanization and mining sector, coupled with rising investments in residential and commercial projects.

Breton S.p.A., Caterpillar Inc., CMS Stone Technology, Donatoni Macchine S.r.l., GMM S.p.A., Hitachi Construction Machinery Co., Ltd., Intermac, Komatsu Ltd., Marmo Meccanica S.p.A., Park Industries, Pedrini S.p.A., Thibaut S.A.S., Volvo Group among others.