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The latest report by IMARC, titled “
FloorGrindingMachineMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForeca st2023-2028
” " the global floor grinding machine market reached a value of US$ 269.6 Million in 2022.
Floor grinding machines refer to hand-controlled industrial devices that are employed to polish hardwood, granite, concrete, and marble flooring. They are commercially available in single, dual, and quadrupole discs product types.
These devices encompass regulating handles, wheel guard, vacuum hole, control panel, and abrasive pads at the bottom, which aid in grinding the surface. Floor grinding machines assist in removing the surface-level blemishes, finishing flat, cylindrical, or cone surfaces, expelling rough projections from castings, repairing damaged surfaces by preventing imperfections and rain damage, and making the floor attractive. As a result, floor grinding machines are extensively used by do-it-yourself (DIY) individuals and restoration professionals across the residential and commercial sectors.
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The ongoing construction activities and the rising investments in renovation and infrastructural projects have facilitated the widespread adoption of floor grinding machines across the residential and commercial sectors to improve the aesthetics of the surface, which is primarily driving the market growth. This is further influenced by the growing user awareness regarding the multiple product benefits, such as ease of operability, enhanced efficiency, durability, excellent workability, and improved performance. In line with this, the increasing need for augmenting mechanical properties of the interior and restoring or maintaining floor compositions of malls, official spaces, and restaurants is supplementing the product demand. Additionally, the escalating environmental concerns have prompted manufacturers to engineer eco-friendly floor grinders to ensure the production of minimal noise and dust during the polishing procedure, which is acting as another growth-inducing factor. Moreover, the advent of adjustable and wireless remote-control floor grinding machines that enable the operator to perform safe floor construction operations is contributing to the market growth. Such technologies reduce the labor intensity of workers, improve floor construction efficiency and optimize the workforce. Other factors, such as rapid urbanization, the sudden shift toward polished concrete flooring, and continuous strategic collaborations amongst key players to engineer product variants with enhanced efficacy are creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 331.4 Million by 2028, growing at a CAGR of 3.3% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
HeadTypeInsights:
• One and Two Head
• Three and Four Head
• Others
ModeofOperationInsights:
• Remotely Controlled Grinders
• Manually Operated Grinders
• Handheld Grinders
ApplicationInsights:
• Marble and Granite
• Concrete
• Others
EndUserInsights:
• Residential
• Non-Residential
RegionalInsights:
• 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
CompetitiveLandscapewithKeyPlayers:
• 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.
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