The latest research study “Floor Grinding Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that 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.
A floor grinding machine is a specialized, hand-controlled tool used for polishing and grinding marble, granite, and concrete floorings. Some commonly available product variants include quadrupole, single, and dual disk machines. They comprise a water witch, power plug, vacuum hole, toolbox, wheel guard, control panel, regulating handle, and abrasive pads. They are also used for renovating, repairing damaged surfaces, leveling uneven joints, and maintaining numerous kinds of granite, terrazzo, limestone, marble, and concrete floors. In addition, they help reduce dirt and moisture damage, remove inconsistencies and imperfect concrete, and restore old concrete to its original shape and form. Owing to these properties, floor grinding machines are widely utilized in the construction industry across the globe.
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Floor Grinding Machine Market Trends:
The market is primarily driven by the rising product adoption in the construction industry due to the various benefits such as ease of functionality, enhanced efficiency in operations, and durability. In addition, the increasing utilization of floor grinding machines in malls and corporate sectors for removing paint and glue, improving aesthetics, mechanical properties, and interiors, and restoring and reparation of the floor is contributing to the market growth.
Moreover, the introduction of environment-friendly grinders with dust-free features that decrease pollution and create a low level of noise represents another major growth-inducing factor. Besides this, the widespread adoption of remote-controlled floor grinding machines with adjustable and simple-to-operate features is providing a positive thrust to the market growth. Furthermore, the implementation of various government initiatives to encourage smart infrastructure development and extensive research and development (R&D) activities conducted by leading market players are also creating a favorable market outlook.
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Floor Grinding Machine Market 2022-2027 Competitive Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
- 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
Key Market Segmentation:
The report has segmented the market on the basis of head type, mode of operation, application, end user and region.
Breakup by Head Type:
- One and Two Head
- Three and Four Head
Breakup by Mode of Operation:
- Remotely Controlled Grinders
- Manually Operated Grinders
- Handheld Grinders
Breakup by Application:
- Marble and Granite
Breakup by End User:
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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