Europe Grinding Machinery Market Size & Outlook, 2023-2030
Europe grinding machinery market, 2018-2030 (US$M)
Europe grinding machinery market highlights
- The Europe grinding machinery market generated a revenue of USD 1,327.8 million in 2023.
- The market is expected to grow at a CAGR of 3.8% 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.
Europe data book summary
| Market revenue in 2023 | USD 1,327.8 million |
| Market revenue in 2030 | USD 1,729.2 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Non-precision grinder |
| Fastest growing segment | Non-Precision Grinder |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Precision Grinder |
| Key market players worldwide | AMADA Co Ltd, DANOBAT, Korber AG, Fives Group, Saurer, Murata Machinery, Trutzschler Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.6% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 Europe grinding machinery market based on non-precision grinder covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Europe grinding machinery market databook
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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 Europe grinding machinery market , including forecasts for subscribers. This continent databook contains high-level insights into Europe grinding machinery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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