The latest research study “Floor Grinding Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global floor grinding machine market reached a value of US$ 258.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 321.5 Million by 2027, exhibiting a CAGR of 3.45% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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A floor grinding machine is specialized equipment used for grinding and polishing granite, marble and concrete floorings. It is widely used for repairing damaged surfaces, levelling uneven joints and increasing the durability of the floor. It also helps minimize dirt and moisture damage, remove inconsistencies and imperfect concrete, and restore old concrete to its original shape and form.
Global Floor Grinding Machine Market Trends and Drivers:
The market is primarily driven by rapid urbanization and significant growth of the construction industry. Besides this, floor grinding machines are environment-friendly, completely noiseless, dust-free and aid in decreasing pollution. As a result, malls and offices are rapidly adopting this machinery to eradicate the usage of paint and glue, and enhance their aesthetics, mechanical properties, and interiors. Moreover, the surging demand for remote-controlled floor grinding machines that are adjustable and effortless to operate is also escalating the demand for floor grinding machines. Furthermore, various initiatives undertaken by the governments of different nations that encourage smart infrastructure development are anticipated to drive the market further.
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The report has been segmented the market into following categories:
Breakup by Mode of Operation:
List of Major Key Players:
The major players in the market are 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 and Tyrolit Group.
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