The factors such as rise in recovery in the construction industry and growth in urbanization drive the growth of the market. In addition, urban population is projected to rise by 2050; thereby, fueling the demand for floor grinding machines for residential construction in the near future. Furthermore, surge in standard of living, particularly in the developing countries encourages the repair and renovation of floors, which drives market growth. However, high maintenance and repair cost is expected to hamper market growth. Furthermore, the growth in machinery and equipment manufacturing sectors around the globe and technological advancements by manufacturers offers lucrative growth opportunities for the market players during the forecast period.
The global floor grinding machines market is classified into head type, application end user, and region. By head type, the market is categorized into one & two head, three & four head, and others. By application, it is divided into marble & granite, concrete, and others. By end user, the market is categorized into residential and non-residential.
By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global market during the analysis period due to growth in urbanization and increase in infrastructure investments.
COMPETITION ANALYSIS
The key companies profiled in the report include Achilli S.r.l., Blastrac, Fujian Xingyi Polishing Machine Co., Ltd., Klindex S.r.l., Levetec, Scanmaskin Sverige AB, Linax Co ltd, Stonekor Company, and Tyrolit Construction Products GmbH.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging floor grinding machines market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.
- Extensive analysis of the floor grinding machines market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global floor grinding machines market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within floor grinding machines market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the floor grinding machines industry.
GLOBAL FLOOR GRINDING MACHINES MARKET SEGMENTS
BY HEAD TYPE
- One & Two Head
- Three & Four Head
- Others
BY END USER
- Marble & Granite
- Concrete
- Others
BY APPLICATION
- Residential
- Non-residential
BY REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Achilli S.r.l.
- Blastrac
- Fujian Xingyi Polishing Machine Co., Ltd.
- Klindex S.r.l.
- Levetec
- Scanmaskin Sverige AB
- Linax Co ltd
- Stonekor Company
- Tyrolit Construction Products GmbH
What is the estimated value of the Global Floor Grinding Machine Market?
What is the growth rate of the Global Floor Grinding Machine Market?
What is the forecasted size of the Global Floor Grinding Machine Market?
Who are the key companies in the Global Floor Grinding Machine Market?
Report Attribute | Details |
---|---|
No. of Pages | 243 |
Published | June 2020 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 271 million |
Forecasted Market Value ( USD | $ 344.6 million |
Compound Annual Growth Rate | 3.0% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |
Table of Contents
Companies Mentioned
- Achilli Srl
- Blastrac
- Fujian Xingyi Polishing Machine Co Ltd
- Klindex Srl
- Levetec
- Scanmaskin Sverige AB
- Linax Co ltd
- Stonekor company
- Tyrolit Construction Products GmbH
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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