As per this study the Global Floor Grinding Machine Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Floor grinding machine is the equipment designed to grind and polish the floor made up of wood, concrete, marble, granite, and other materials. The main purpose of the equipment is to remove the materials by using abrasive materials from the floor and expose the surface present underneath. It uses abrasive such as diamond tools and silicon carbide to impart a better finish to the surface. Apart from polishing, it is used to fix uneven surfaces, deteriorated surfaces, spalled areas, and floor with a poor concrete installation.
The rising construction activities along with the refurbishment of existing floors to give attractive finish is driving the market growth. Technological advancement for producing more efficient and advanced machines to polish the surfaces made up of various materials is again boosting the market growth. Also, rapid adoption of the product to enhance look, the durability of the surfaces is pushing is demand across various industries.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of floor grinding machine.
The broad floor grinding machine market has been sub-grouped into an application, floor type, and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Floor Type
- Grinding & Polishing
- Buffing & Stripping
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for floor grinding machine in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Floor Grinding Machine Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the floor grinding machine market includes ASL Machines, Bartell Global, Blastrac, HTC Group, Husqvarna AB, Klindex, Linax, Roll Gmbh, Scanmaskin Sverige AB, Shanghai Qing, Shanghai Tuomei, Substrate Technology, Superabrasive, Terrco, Weijie Environmental and Xingyi Polishing among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.