Asia Pacific Grinding Machinery Market Size & Outlook

The grinding machinery market in Asia Pacific is expected to reach a projected revenue of US$ 3,459.2 million by 2030. A compound annual growth rate of 4.7% is expected of Asia Pacific grinding machinery market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,505.6
Forecast, 2030 (US$M)
$3,459.2
CAGR, 2024 - 2030
4.7%
Report Coverage
Asia Pacific

Asia Pacific grinding machinery market, 2018-2030 (US$M)

Asia

Asia Pacific grinding machinery market highlights

  • The Asia Pacific grinding machinery market generated a revenue of USD 2,505.6 million in 2023.
  • The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
  • In terms of segment, non-precision grinder was the largest revenue generating type in 2023.
  • Non-Precision Grinder is the most lucrative type segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 2,505.6 million
Market revenue in 2030USD 3,459.2 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentNon-precision grinder
Fastest growing segmentNon-Precision Grinder
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNon-Precision Grinder
Key market players worldwideAMADA Co Ltd, DANOBAT, Korber AG, Fives Group, Saurer, Murata Machinery, Trutzschler Group


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 44.5% of the global grinding machinery market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,459.2 million by 2030.

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Grinding Machinery Market Scope

Grinding machinery market segmentation & scope
Portable Grinder
Pedestal Grinder
Flexible Grinder
Precision Grinder
Precision Grinder
Cylindrical Grinding Machines
Surface Grinding Machines
Centre-less Grinding Machines
Tool and Cutter Grinding Machines
Application
Automotive
Medical
Construction
Industrial Manufacturing
Electrical and Electronics
Marine Industry
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
Japan
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE

Grinding Machinery Market Companies

Name Profile # Employees HQ Website

Asia Pacific grinding machinery market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grinding machinery market will help companies and investors design strategic landscapes.


Non-precision grinder was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific grinding machinery market based on non-precision grinder covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of grinding machinery market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific grinding machinery market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific grinding machinery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific grinding machinery market

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