Floor Grinding Machine Market

Market Overview:

The global floor grinding machine market size reached US$ 278.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 360.8 Million by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032. 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.

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:

IMARC Group 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 2024-2032. 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
   

The report has provided a detailed breakup and analysis of the floor grinding machine market based on the head type. This includes one and two head, three and four head, and others. According to the report, three and four head represented the largest segment.

Mode of Operation Insights:

• Remotely Controlled Grinders
• Manually Operated Grinders
• Handheld Grinders
   

A detailed breakup and analysis of the floor grinding machine market based on the mode of operation has also been provided in the report. This includes remotely controlled grinders, manually operated grinders, and handheld grinders.

Application Insights:

• Marble and Granite
• Concrete
• Others
   

The report has provided a detailed breakup and analysis of the floor grinding machine market based on the application. This includes marble and granite, concrete, and others. According to the report, concrete represented the largest segment.

End User Insights:

• Residential
• Non-Residential
   

The report has provided a detailed breakup and analysis of the floor grinding machine market based on the end user. This includes residential and non-residential. According to the report, residential represented the largest segment.

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.

Report Coverage:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the floor grinding machine market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global floor grinding machine market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the floor grinding machine industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.