Cylindrical Grinding Machine Market Report: Size, Share and Outlook by 2031

The global cylindrical grinding machine market size was valued at US$ 1,998.51 million in 2024 and is expected to reach US$ 2,828.91 million by 2031; it is estimated to record a CAGR of 5.2% from 2025 to 2031.

The global cylindrical grinding machine market is segmented into five major regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Asia Pacific registered the largest market share in the cylindrical grinding machine market, followed by the Europe and North America. The market growth in Asia Pacific can be attributed to the presence of key players and increasing demand for cylindrical grinding machines from manufacturing industry in the region. Asia Pacific registered the significant growth rate during the forecast period.

The Asia Pacific (APAC) cylindrical grinding machine market is segmented into Australia, China, India, Japan, South Korea, Malaysia, Taiwan, Thailand, and Rest of Asia Pacific. Asia Pacific is a major hub for aerospace manufacturing, with Hindustan Aeronautics Limited (India) and Singapore Technologies Engineering using advanced grinding technologies to produce components such as turbine blades, landing gear, and fuselage structures. The region's focus on renewable energy, particularly wind power, drives demand for cylindrical grinding machines. Manufacturers such as Goldwind in China and Suzlon in India rely on these machines to ensure turbine components' durability and surface finish. Electric vehicle (EV) manufacturers in the automotive sector require lightweight, durable, and precisely machined parts, making cylindrical grinding machines essential for production. Government support for infrastructure and clean energy projects across the region strengthens the market outlook.

In India, the medical sector is a major application area for cylindrical grinding machines. Companies such as Meril Life Sciences use grinding technology to manufacture high-quality implants that meet global regulatory standards. Singapore's oil and gas industry employs cylindrical grinding for fabricating offshore equipment such as pipelines and valves. With such diverse and expanding applications, APAC remains a vital and high-growth market for cylindrical grinding machines.

As China enhances its production capabilities and improves critical components' durability, grinding machinery becomes essential to precision manufacturing. In the automotive sector-where China remains one of the world's largest producers-grinding machines process components such as springs, gears, and crankshafts to ensure long-term reliability. Manufacturers such as Zhejiang Geely Holding Group and BYD are integrating advanced grinding technologies into their production lines to meet rising consumer expectations for high-performance vehicles.

In the aerospace industry, state-owned enterprises such as the Commercial Aircraft Corporation of China (COMAC) adopt CNC grinding systems to fabricate aircraft components, including fuselage panels, wing structures, and turbine blades. These technologies help ensure compliance with international safety and quality standards. According to the World Steel Association, China was the leading steel producer in the world in 2024, with a production volume exceeding 1,005 million tonnes. Major players such as China Baowu Group, ShaGang Group, Jianglong Group, and Shougang Group drive growth in the metal production industry, where grinding machines are critical for refining and finishing steel products. As China leads global manufacturing output, the demand for advanced grinding solutions remains strong, supported by investments in automation, smart manufacturing, and industrial innovation.

DMG Mori Company Limited; JTEKT Corp; Kellenberger Switzerland AG; Fives SAS; Erwin Junker Maschinenfabrik GmbH; HMT Machine Tools Limited; Fritz Studer AG; PALMARY Machinery Co., Ltd.; EMAG Systems GmbH; Robbi Group SRL; LIZZINI; and MAG IAS GmbH are among the key global cylindrical grinding machine market players that are profiled in this market study.

The overall global cylindrical grinding machine market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the global cylindrical grinding machine market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global cylindrical grinding machine market.