Floor Grinding Machine Market Share, Size, Analysis and Forecast 2022 to 2027
IMARC Group’s latest research report, titled “Floor Grinding Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What is the projected market value of the global Floor Grinding Machine Market?
The global floor grinding machine market reached a value of US$ 258.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 321.5 Million by 2027, exhibiting a CAGR of 3.45% during 2022-2027.
Floor grinding machines are hand-controlled equipment for polishing and grinding granite, marble, and concrete floorings. They comprise a regulating handle, toolbox, control panel, water witch, wheel guard, power plug, vacuum hole, and abrasive pads. They are widely used to maintain granite, limestone, marble, terrazzo, and concrete floors, level uneven joints, renovate, and repair damaged surfaces. Since floor grinding machines help eliminate inconsistencies and flaws, minimize dirt and moisture damage, and restore the original shape and form of old concrete, they find extensive applications in the construction industry.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by head type, mode of operation, application, end user and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Floor Grinding Machine Market
- Strategies of major players and product offerings
The global floor grinding machine market is primarily driven by increasing residential and commercial construction activities. Moreover, there has been widespread adoption of floor grinding machines due to their excellent durability, ease of use, and operational efficiency. In line with this, the surging product adoption in malls and offices to remove paint and glue, improve interior design and mechanical properties, and repair and restore the floor has augmented the demand for floor grinding machines. Additionally, the shifting consumer preferences toward adjustable and easy-to-operate remote-controlled floor grinding machines have accelerated product adoption rates. Besides this, the launch of innovative, environment-friendly product variants that are dust-free, generate negligible noise and help reduce pollution has catalyzed the market growth. Other factors, including the shifting inclination toward polished concrete flooring, favorable government initiatives for smart infrastructure development, and technological advancements, are also anticipated to propel the market growth.
Key Players Included in Global Research Report:
- Achilli S.r.l
- Bartell Global Inc.
- Fujian Xingyi Polishing Machine Co.Ltd
- HTC Group
- Husqvarna AB
- Klindex Srl
- Levetec, Linax Co. Ltd.
- National Flooring Equipment
- ROLL GmbH
- Scanmaskin Sverige AB
- Tyrolit Group
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Floor Grinding Machine Market Report Scope | |
Report Coverage | Details |
Market size value in 2021 | US$ 258.5 Million |
Market forecast in 2027 | US$ 321.5 Million |
Growth Rate | CAGR of 3.45% from 2022 to 2027 |
Base year for estimation | 2021 |
Historical data | 2016-2021 |
Forecast period | 2022-2027 |
COVID-19 Impact on Market: (Positive Impact)
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Segmentation:
Breakup by Head Type:
- One and Two Head
- Three and Four Head
- Others
Breakup by Mode of Operation:
- Remotely Controlled Grinders
- Manually Operated Grinders
- Handheld Grinders
The Breakup by Application:
- Marble and Granite
- Concrete
- Others
Breakup by End User:
- Residential
- Non-Residential
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- The Middle East and Africa
TOC for the Floor Grinding Machine Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Floor Grinding Machine Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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