CNC Grinding Machines Market Size & Growth Report to 2030

The global CNC grinding machines market size was valued at around USD 10 billion in 2022 and anticipated to register a significant CAGR of around 6% during the forecast period from 2023 to 2030. The market is driven by the need for automation and precision in manufacturing processes. Industries demand CNC grinding machines for their ability to produce high-quality components with consistent accuracy. The rising demand for customized and complex parts, especially in aerospace and automotive sectors, fuels the adoption of CNC grinding machines. Advancements in grinding technology, energy efficiency, and Industry 4.0 concepts further contribute to their popularity. Additionally, the medical device industry relies on CNC grinding machines for precision manufacturing. As global industrialization and economic growth continue, CNC grinding machines play a crucial role in enhancing manufacturing efficiency and gaining a competitive edge in the global market.

Market Snapshot:

Market Drivers:

• Automation and Precision Requirements: Industries are increasingly adopting CNC grinding machines due to their high level of automation and precision. CNC technology allows for automated grinding processes, reducing human errors and ensuring consistent and accurate results, making it ideal for industries that demand high-quality and precise components.
• Rising Demand for Customization and Complex Components: As industries evolve, there is a growing demand for customized and complex components with intricate shapes and tight tolerances. CNC grinding machines can handle such complex grinding tasks efficiently, enabling the manufacturing of parts with high precision and complexity.
• Increasing Industrial Automation and Industry 4.0: The adoption of Industry 4.0 and industrial automation concepts has led to a higher demand for CNC grinding machines. These machines can be integrated into smart factory setups, enabling real-time monitoring, data collection, and predictive maintenance, enhancing overall manufacturing efficiency.
• Growing Aerospace and Automotive Industries: The aerospace and automotive industries are significant consumers of CNC grinding machines. The rising demand for aircraft and automobiles has increased the need for precision-engineered components, driving the demand for CNC grinding machines.
• Advancements in Grinding Technology: Ongoing advancements in CNC grinding technology, including improved spindle designs, better tooling, and advanced software solutions, have enhanced the capabilities of CNC grinding machines, making them more versatile and efficient.
• Focus on Energy Efficiency and Sustainability: CNC grinding machines are increasingly designed with energy-efficient components and sustainable manufacturing practices, aligning with the industries’ growing focus on environmental responsibility.
• Medical Device Manufacturing: The medical device industry requires precision grinding for implants, surgical instruments, and other medical components. CNC grinding machines meet the stringent requirements of the medical sector, contributing to their increased adoption.
• Global Industrialization and Economic Growth: The overall growth in industrialization and economic development in various regions drives the need for efficient manufacturing solutions like CNC grinding machines to meet the rising demand for products across industries.
• Competitive Edge in Global Market: Industries seek to gain a competitive edge by adopting advanced technologies and improving production efficiency. CNC grinding machines offer manufacturers the ability to produce high-quality components cost-effectively, enhancing their competitiveness in the global market.

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Market Insights:

Market Analysis by Machine Type:

The global CNC grinding machines market is bifurcated into machine type, and end-use industry, and geography. on the basis of machine type, the market is further segmented into CNC roll grinders, CNC crankshaft grinders, CNC plain cylindrical grinders, and CNC surface grinders. The CNC surface grinders and CNC cylindrical grinders have been among the dominant machine type segments in the CNC grinding machines market due to their widespread applications across various industries. CNC surface grinders are used for precision grinding of flat surfaces, making them essential in tool and die making, mold manufacturing, and metalworking industries. CNC cylindrical grinders, on the other hand, are crucial in automotive, aerospace, and machinery manufacturing for grinding cylindrical components with high precision.

CNC Roll Grinders: CNC roll grinders are specialized machines used for grinding and machining large rolls and cylinders. They are commonly used in industries such as steel, paper, and textile, where precision grinding of rolls is essential for maintaining product quality and performance. CNC roll grinders offer high accuracy and repeatability in grinding processes, ensuring the proper surface finish and dimensional accuracy of the rolls.

CNC Crankshaft Grinders: CNC crankshaft grinders are designed to grind and finish the crankshafts used in internal combustion engines. They are crucial in the automotive and aerospace industries for manufacturing crankshafts with precise dimensions and surface finishes. CNC crankshaft grinders utilize advanced software and automation to achieve high-quality and consistent results in crankshaft grinding processes.

CNC Plain Cylindrical Grinders: CNC plain cylindrical grinders are used for external cylindrical grinding of workpieces. They are widely used in various industries, including automotive, aerospace, and machinery manufacturing, for achieving precise dimensions and surface finishes on cylindrical components. CNC plain cylindrical grinders offer versatility and efficiency in grinding operations, allowing for different types of workpieces to be ground accurately.

CNC Surface Grinders: CNC surface grinders are utilized for precision grinding of flat surfaces on workpieces. They are widely used in industries such as tool and die making, metalworking, and mold manufacturing. CNC surface grinders provide high accuracy and consistency in surface finishing, making them suitable for achieving tight tolerances and smooth surfaces on various materials.

Market Analysis by End-Use Industry:

On the basis of end-use industry, the global CNC grinding machines market is further segmented into automotive, aerospace, construction, industrial manufacturing, electrical & electronics, and others. The automotive industry has been one of the dominant segments in the CNC grinding machines market. The automotive sector extensively utilizes CNC grinding machines for precision grinding of engine components, transmission parts, and other critical automotive parts. The demand for CNC grinding machines in the automotive industry is driven by the need for tight tolerances and high-quality surface finishes in various components. In contrast, the aerospace industry is also a significant consumer of CNC grinding machines due to the stringent requirements for precision and quality in aerospace components. CNC grinding machines play a crucial role in the aerospace sector for grinding critical parts used in aircraft and spacecraft.

Automotive: The automotive industry extensively utilizes CNC grinding machines for precision grinding of engine components, transmission parts, and other automotive parts. CNC grinding machines play a crucial role in achieving tight tolerances and high-quality finishes required for automotive components.

Aerospace: CNC grinding machines are widely used in the aerospace industry for grinding critical components with tight tolerances and high precision. These machines ensure the precise shaping and finishing of aerospace parts, contributing to the safety and performance of aircraft and spacecraft.

Construction: The construction industry utilizes CNC grinding machines for manufacturing high-quality construction equipment and components. CNC grinding machines help in achieving precise and accurate dimensions in construction machinery parts, improving their performance and durability.

Industrial Manufacturing: CNC grinding machines are vital in various industrial manufacturing processes, such as machinery manufacturing, metalworking, and tool and die making. They enable the production of precision components and tools used in diverse industrial applications.

Electrical & Electronics: The electrical and electronics industry relies on CNC grinding machines for producing precise components used in electrical devices, electronics, and appliances. CNC grinding ensures the required shape and surface finish for electrical connectors, switches, and other components.

Others: The “others” category includes various other industries that use CNC grinding machines for specific applications. This encompasses industries such as energy, defense, and consumer goods manufacturing, where precision grinding is essential for producing critical components.

The CNC grinding machines market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Machine Type:

• CNC Roll Grinders
• CNC Crankshaft Grinders
• CNC Plain Cylindrical Grinders
• CNC Surface Grinders

By End-Use Industry:

• Automotive
• Aerospace
• Construction
• Industrial Manufacturing
• Electrical & Electronics
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Europe is accounted to hold the largest revenue share of the global CNC grinding machines market in 2022 and expected to grow at the same trend by 2030. Europe has a well-established manufacturing base and a strong presence in industries such as automotive, aerospace, and machinery manufacturing. The region’s focus on precision engineering and quality manufacturing has led to high demand for CNC grinding machines. Moreover, European countries have been early adopters of advanced manufacturing technologies, including CNC grinding machines, to improve efficiency and maintain their competitive edge.

On the other hand, the Asia Pacific is anticipated to register a considerable CAGR over the forecast period. The Asia-Pacific region, including countries like China, Japan, India, South Korea, and others, is a significant manufacturing hub. The region’s rapid industrialization, growing automotive and aerospace sectors, and increased infrastructure development have contributed to the rising demand for CNC grinding machines. Additionally, the presence of a large electronics manufacturing industry in Asia-Pacific further drives the market for precision grinding equipment.

Competitive Assessment:

Some of the major market players operating in the global CNC grinding machines market are ANCA Pty Ltd., DANOBAT Group (Danobat-Overbeck), Amada Machine Tools Co., Ltd., JTEKT Corporation (Toyoda), and Schleifring Group. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• ANCA Pty Ltd.
• DANOBAT Group (Danobat-Overbeck)
• Amada Machine Tools Co., Ltd.
• JTEKT Corporation (Toyoda)
• Schleifring Group (Studer, Schaudt, Mikrosa)
• Makino Milling Machine Co., Ltd.
• Okuma Corporation
• Gleason Corporation
• Haas Automation, Inc.
• EMAG Group

Key Questions Answered by CNC Grinding Machines Market Report

• Global CNC grinding machines market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• CNC grinding machines submarket forecasts from 2023-2030 covering the market by machine type, end-use industry, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level CNC grinding machines markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market