The global floor grinding machine market size reached US$ 269.6 Million in 2022. Looking forward, the publisher expects the market to reach US$ 331.4 Million by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028. Rapid urbanization, a significant rise in construction activities, and the introduction of remote-controlled machines represent some of the key factors driving the market.
A floor grinding machine refers to the hand-controlled equipment used for polishing and grinding marble, concrete floorings, and granite and enhancing their aesthetic appeal. It consists of a regulating handle, wheel guard, power plug, vacuum hole, toolbox, control panel, water witch, and abrasive pads. It helps remove surface imperfections, such as roughness, unevenness, and surface contaminants, and creates a smooth and even surface for further treatment and coating. It assists in preparing large areas in a short time and restoring old concrete to its original shape and form. At present, floor grinding machine is widely used in preparing surfaces for a variety of treatments, including staining, dyeing, and sealing, and maintaining different types of granite, marble, limestone, terrazzo, and concrete floors in residential and non-residential settings.
2. What is the expected growth rate of the global floor grinding machine market during 2023-2028?
3. What are the key factors driving the global floor grinding machine market?
4. What has been the impact of COVID-19 on the global floor grinding machine market?
5. What is the breakup of the global floor grinding machine market based on the head type?
6. What is the breakup of the global floor grinding machine market based on the application?
7. What is the breakup of the global floor grinding machine market based on the end user?
8. What are the key regions in the global floor grinding machine market?
9. Who are the key players/companies in the global floor grinding machine market?
A floor grinding machine refers to the hand-controlled equipment used for polishing and grinding marble, concrete floorings, and granite and enhancing their aesthetic appeal. It consists of a regulating handle, wheel guard, power plug, vacuum hole, toolbox, control panel, water witch, and abrasive pads. It helps remove surface imperfections, such as roughness, unevenness, and surface contaminants, and creates a smooth and even surface for further treatment and coating. It assists in preparing large areas in a short time and restoring old concrete to its original shape and form. At present, floor grinding machine is widely used in preparing surfaces for a variety of treatments, including staining, dyeing, and sealing, and maintaining different types of granite, marble, limestone, terrazzo, and concrete floors in residential and non-residential settings.
Floor Grinding Machine Market Trends:
Rapid urbanization and a significant rise in construction activities currently represent one of the key factors positively influencing the market across the globe. In addition, the escalating demand for floor grinding machines in malls and offices for enhancing the aesthetic appeal of the interior, removing paint and glue, and repairing and restoring the appearance of the floor are bolstering the market growth. Apart from this, floor grinding machines are employed on account of their durability, ease of functionality, and enhanced efficiency in operations, which is creating a favorable market outlook. Apart from this, key market players are introducing remote-controlled floor grinding machines that are adjustable and easy to operate. Moreover, they are integrating advanced technologies, such as artificial intelligence (AI) and machine learning (ML), with floor grinding machines to improve the quality and the production rate of the grinding process. Additionally, manufacturers are focusing on introducing environment-friendly grinders that are completely dust-free, produce less noise, decrease pollution, and are more efficient and safer to use, which is contributing to the market growth worldwide. In addition, the rising environmental concerns due to grinding are catalyzing the demand for floor grinding machines with multiple functions. Besides this, inflating disposable incomes, shifting consumer preferences towards polished concrete floorings, and increasing investments in infrastructure development are stimulating the growth of the market around the world.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global floor grinding machine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on head type, mode of operation, application and end user.Head Type Insights:
- One and Two Head
- Three and Four Head
- Others
Mode of Operation Insights:
- Remotely Controlled Grinders
- Manually Operated Grinders
- Handheld Grinders
Application Insights:
- Marble and Granite
- Concrete
- Others
End User Insights:
- Residential
- Non-Residential
Regional Insights:
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
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific was the largest market for floor grinding machine. Some of the factors driving the Asia-Pacific floor grinding machine market included the ease of functionality, developing infrastructure, inflating disposable incomes of individuals, etc.Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global floor grinding machine market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
1. What was the size of the global floor grinding machine market in 2022?2. What is the expected growth rate of the global floor grinding machine market during 2023-2028?
3. What are the key factors driving the global floor grinding machine market?
4. What has been the impact of COVID-19 on the global floor grinding machine market?
5. What is the breakup of the global floor grinding machine market based on the head type?
6. What is the breakup of the global floor grinding machine market based on the application?
7. What is the breakup of the global floor grinding machine market based on the end user?
8. What are the key regions in the global floor grinding machine market?
9. Who are the key players/companies in the global floor grinding machine market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Floor Grinding Machine Market
6 Market Breakup by Head Type
7 Market Breakup by Mode of Operation
8 Market Breakup by Application
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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 and Tyrolit Group.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 269.6 Million |
| Forecasted Market Value ( USD | $ 331.4 Million |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
