Global Floor Grinding Machines Market Size, Share, and COVID-19 Impact Analysis, By Type (Single Disc, Triple Disc, Quad Disc), By Application (Marble & Limestone, Wood, Concrete, Granite, Others), By End-Use Industry (Residential, Commercial, Industrial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032
Industry: Machinery & EquipmentGlobal Floor Grinding Machines Market Insights Forecasts to 2032
- The Global Floor Grinding Machines Market Size was valued at USD 281.75 Million in 2022.
- The Market Size is Growing at a CAGR of 3.78% from 2022 to 2032
- The Worldwide Floor Grinding Machines Market Size is expected to reach USD 408.35 Million by 2032
- North America is expected to grow the fastest during the forecast period
Get more details on this report -
The Global Floor Grinding Machines Market Size is expected to reach USD 408.35 Million by 2032, at a CAGR of 3.78% during the forecast period 2022 to 2032. The increase in the number of residential and non-residential buildings in the past few years, because of large-scale urbanization and industrialization, is driving the worldwide demand for floor grinding machines. These machines are commonly employed for enhancing the looks of a building. Furthermore, the convenience of operation, long-term reliability, and improved operational efficiency are among the factors predicted to fuel the explosive development of the floor grinding market throughout the forecast period.
A floor grinding machine, which is additionally known as a concrete grinder, is equipment employed by the building services sector to smooth and polish the surface of concrete, granite, wood, and other floor types. A floor grinding machine is a strong piece of equipment used for grinding away stains, scratches, and defects from surface floors. It employs a rotating disc to grind down the surface of the concrete, leaving it smooth and even. These types of machines are available in a number of sizes and shapes, with a wide range of functionalities. Single disks, multiple disks, and quadrupole discs are all possible choices for floor grinders. Floor grinding machines' coarse disks typically clear less than 1/16 inch of the surface area.
It has wide applications in concrete floors for polishing and repairing using floor grinding equipment. Furthermore, floor grinders can be utilized to remove paint and adhesives from the floor and prepare the area for refinishing. There are two kinds of floor grinders: wet and dry. The fluid operates as a lubricant in wet floor grinders to control dust during operation. Dry floor grinders do not employ liquid and gather dust in a container installed on a machine using a suction. Floor grinding machines are currently commonly employed in preparing surfaces for a variety of treatments such as staining, dyeing, and sealing, as well as preserving many kinds of granite, marble, limestone, terrazzo, and concrete floors in both residential and non-residential settings.
Global Floor Grinding Machines Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022 : | USD 281.75 Million |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 3.78% |
2032 Value Projection: | USD 408.35 Million |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Type, By Application, By End-Use Industry, By Region |
Companies covered:: | Husqvarna Group, Achilli S.R.L, WerkMaster Grinders & Sanders Inc., SASE Company, LLC, Klindex S.R.L, Linax Co., Ltd., Terrco, Inc., ASL Machines USA, Substrate Technology, Inc., Shanghai Tuomei Machinery Auto Equipment Co., Ltd., Fujian Xingyi Polishing Machine Co., Ltd., Levetec, Scanmaskin Sverige AB, Linax Co ltd, National Flooring Equipment, ROLL GmbH, Weijie Environmental, HTC Group |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The rapid growth of urbanization and a large increase in construction activity are now one of the main drivers that are helping to drive the floor grinding machine market globally. Furthermore, the growing demand for floor grinding machines in malls and workplaces for improving the visual appeal of the interior, removing paint and adhesive, and fixing and reconstructing the physical appearance of the surface is floor grinding machine driving market expansion. Furthermore, the floor grinding machine market is projected to increase significantly in the coming years owing to the flourishing construction industry, a major development in the retail sector, commercial, and hospitality segments, advancements in technology and developments in the flooring industry, and changing consumer preferences toward cutting-edge and rapid construction methods.
Aside from that, prominent market participants recently introduced customizable and simple-to-use remote-controlled floor grinding machines. Remote-controlled floor grinding equipment allows the user complete control over the unit. Furthermore, they are merging sophisticated technologies, such as automation, artificial intelligence (AI), Internet of Things (IoT), and machine learning (ML), with floor grinding equipment to increase the grinding process's quality and output rate. In addition, producers are concentrating on producing environmentally friendly grinders that are fully dust-free, make less noise, reduce environmental impact, and are less dangerous and more effective to operate, all of which contribute to global floor grinding machines market growth. Moreover, the smart remote floor construction approach minimizes worker labor costs and increases floor construction efficiency by maximizing employees, setup duration, and dust-free construction procedure.
Restraining Factors
However, there are growing health concerns about floor grinding activities since concrete cutting and grinding generate an excessive amount of dust during construction, providing a major health risk to construction workers. Long-term exposure to this dangerous dust can cause silicosis, a severe and irreversible pulmonary condition. Furthermore, the unpredictable raw material costs associated with floor grinding machines raise the total capital required in the manufacturing process. Diamond, silicon carbide, ceramic, steel, and aluminum are a few of the raw materials utilized in the manufacture of floor grinding machines. Increased expenditures and unanticipated price fluctuations in raw materials destabilize supply chains, making it challenging for manufacturers to compete in the global floor grinding machines industry.
Market Segmentation
By End-Use Industry Insights
The residential segment accounted for the largest revenue share of more than 43.2% over the forecast period.
On the basis of the end-use industry, the global floor grinding machines market is segmented into residential, commercial, and industrial. Among these, the residential segment is dominating the market with the largest revenue share of 43.2% over the forecast period. The increasing popularity of green building development to counteract global warming and rising energy prices have enormous prospects for the expansion of floor grinding machines in this industry. Floor grinding is a contemporary and appealing option for residential flooring. Grinding concrete flooring removes waste materials like adhesives and concrete, and the resulting byproducts are utilized to make hardwood floors, carpets, and tiles. Housing remodeling and maintenance costs have consistently risen and are likely to rise more as financial freedom has risen. All of these reasons are projected to drive demand for residential floor grinding machines.
By Application Insights
The concrete segment is witnessing significant CAGR growth over the forecast period.
On the basis of application, the global floor grinding machines market is segmented into marble & limestone, wood, concrete, granite, and others. Among these, the concrete segment is witnessing significant CAGR growth over the forecast period. Flooring is critical for the building business since it contributes to the entire ambiance of a residential or commercial landscape. Finished concrete flooring is applied to improve the aesthetic of interior spaces in both residential and non-residential settings, such as offices, educational institutions, healthcare facilities, hotels, recreation centers, and retail shops. The rising construction sector, an increase in restoration and remodeling activities, and fast-growing globalization and urbanization are all contributing to the current expansion of the floor grinding machines market in the construction materials segment.
By Type Insights
The triple disc segment is dominating the market with the largest revenue share over the forecast period.
On the basis of type, the global floor grinding machines market is segmented into the single disc, triple disc, and quad disc. Among these, the triple disc segment is dominating the market with the largest revenue share of 41.6% over the forecast period. The triple disc, sometimes known as the tri disc, is a floor grinding equipment that has three grinding plates. Diamond grinding tools are typically used on these types of plates to obtain a smooth surface. The triple disc grinder's three planetary rotating discs provide optimal coverage along with efficient pressure distribution on the floor. The triple disc machine is predicted to rise rapidly due to increased demand from commercial uses that include airports, warehouses, parking decks, manufacturing plants, malls, and sports arenas.
Regional Insights
Asia Pacific dominates the market with the largest market share over the forecast period.
Get more details on this report -
Asia Pacific is dominating the market with more than 46.3% market share over the forecast period. Emerging economies like China, India, and Japan are driving demand for floor grinding machines in the Asia Pacific region. These countries' expanding populations provide a large customer base. The construction business is expanding due to an increase in both private and government investments, an expanding population, an improving economy, and a high consumer base. The increasing need for floor grinding machines may be linked largely to the expanding market for polished flooring, which is a result of the increased demand in the infrastructure sector for durable, glossy finish, and minimal maintenance flooring systems.
North America, on the contrary, is expected to grow the fastest during the forecast period. The market for floor grinding machines in the region is being driven by the vast range of applications it has in the industry. Floor grinding machines serve as an important tool for enterprises moving across the value chain as well as new entrants by helping them to identify opportunities and build business practices.
List of Key Market Players
- Husqvarna Group
- Achilli S.R.L
- WerkMaster Grinders & Sanders Inc.
- SASE Company, LLC
- Klindex S.R.L
- Linax Co., Ltd.
- Terrco, Inc.
- ASL Machines USA
- Substrate Technology, Inc.
- Shanghai Tuomei Machinery Auto Equipment Co., Ltd.
- Fujian Xingyi Polishing Machine Co., Ltd.
- Levetec, Scanmaskin Sverige AB
- Linax Co ltd
- National Flooring Equipment
- ROLL GmbH
- Weijie Environmental
- HTC Group
Key Market Developments
- On July 2022, Husqvarna Construction, part of Husqvarna Group, announced its partnership with Doha-based Oriental Trading to act as an exclusive authorized distributor in the region for its surface preparation products such as advanced shot-blasting, scraping, shaving and scarifying solutions. With the acquisition of Blastrac by Husqvarna Construction, customers and partners in the region will now have access to a complete portfolio of modern tools and equipments including surface preparation products. The complete range of surface preparation products include floor scrapers, shavers, scarifiers and floor grinders. These tools can also be beneficial for floor finishing such as Terazzo or polished concrete where buildings utilize the floor as an architectural feature of the overall design concept.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Floor Grinding Machines Market based on the below-mentioned segments:
Floor Grinding Machines Market, Type Analysis
- Single Disc
- Triple Disc
- Quad Disc
Floor Grinding Machines Market, Application Analysis
- Marble & Limestone
- Wood
- Concrete
- Granite
- Others
Floor Grinding Machines Market, End-Use Industry Analysis
- Residential
- Commercial
- Industrial
Floor Grinding Machines Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Need help to buy this report?