Report : Cylindrical Grinding Machine Market Report: Size, Share and Outlook by 2031
According to our latest study on "Global Cylindrical Grinding Machine Market Size and Forecasts (2021 - 2031), Regional Share, Trends, and Growth Opportunity Analysis - by Type, Industry and Machine Technology," 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 North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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 dominates this market due to its strong industrial base and rapid technological progress. China leads the region as a major manufacturing hub, supported by thriving sectors such as aerospace, automotive, defense, and industrial machinery. Japan, South Korea, and India contribute significantly, with rising precision engineering and defense manufacturing investments. China's high Purchasing Managers' Index (PMI) in 2022 indicated a surge in manufacturing activity, signaling increased demand for grinding machinery, including cylindrical grinders. The region's focus on precision manufacturing and technological innovation drives market expansion.
In North America, the resurgence of domestic manufacturing, especially in the US and Canada, fuels demand for cylindrical grinding machines. The trend toward reshoring and increased investment in local production capabilities has led to a need for high-precision grinding solutions. The automotive and aerospace sectors require cylindrical grinding machines to produce critical components with tight tolerances and superior surface finishes.
Europe holds a substantial share of the cylindrical grinding machine market, supported by its well-established manufacturing industries. Countries such as Germany are at the forefront, known for their engineering excellence and emphasis on automation and digitalization. Germany's US$ 220 billion investment in industrial transformation in 2022 boosts demand for advanced grinding technologies. The region's adoption of CNC machines and focus on sustainability and energy efficiency shape market dynamics, making Europe a hub for high-end cylindrical grinding solutions.
MEA and South America are emerging as promising markets due to ongoing infrastructure development and economic diversification. Countries such as the UAE, Saudi Arabia, Brazil, and South Africa are investing in sectors such as oil & gas, automotive, and construction, all of which require precision grinding machinery. In the MEA, grinding machines are used in oil and gas exploration and refining processes, while in South America, the growing automotive and electronics industries are contributing to market demand.
Overall, the global cylindrical grinding machine market is propelled by regional industrial growth, technological innovation, and the need for precision-engineered components across sectors.
Key Findings of Global Cylindrical grinding machine market Study:
The cylindrical grinding machine market is segmented on the basis of type, industry and machine technology.
Based on machine technology, the market is bifurcated into CNC/NC machines and conventional machines. CNC/NC Machine technology registered the highest market share in 2024 and is expected to maintain its dominance during the forecast period. Computer Numerical Control (CNC) grinding machines use computerized instructions to control grinding wheel movements, enabling the production of complex geometries with high accuracy and repeatability. Unlike conventional machines that require manual setup and operation, CNC cylindrical grinders are programmed to perform multiple tasks with minimal human intervention, improving productivity and consistency. This automation is valuable in aerospace, automotive, and medical industries, where precision and efficiency are critical. The growing demand for high-performance components and the global shift toward smart manufacturing drive the adoption of CNC grinding machines. Their ability to reduce labor costs, minimize errors, and enhance throughput makes them a preferred choice for manufacturers aiming to stay competitive. As Industry 4.0 technologies evolve, CNC cylindrical grinding machines play a central role in modernizing production processes and meeting the rising standards of precision engineering.
Cylindrical Grinding Machine Market include 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 players profiled in the global cylindrical grinding machine market report. Several other major players were studied and analyzed during the global cylindrical grinding machine market analysis to get a holistic view of the market and its ecosystem. The global cylindrical grinding machine market also provides detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current global cylindrical grinding machine market trends and their foreseeable impact during the forecast period.
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