Global Surface Grinding Machines market cagr 11.3%

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Surface Grinding Machines Market

Surface Grinding Machines Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Surface Grinding Machines Market Size and Growth

The Surface Grinding Machines market is experiencing steady growth, driven by increasing demand across various industries, including automotive and aerospace. The market is valued at approximately $1.5 billion in 2023, with an expected CAGR of 4% over the next five years, reflecting advancements in technology and automation in manufacturing processes.

Companies Covered

(Covid 19 Impact Covered)

◍ Kent

◍ Supertec Machinery

◍ Mitsui High-Tec

◍ Industrial Machinery

◍ DCM Tech

◍ Kaite

◍ Clausing Industrial

◍ PROTH Industrial

◍ Lagun Machinery

◍ Amada Machine Tools

The Surface Grinding Machines Market features key players like Kent, Supertec Machinery, and Mitsui HighTec, enhancing technological advancements and expanding applications. Companies drive growth through innovative product offerings and enhanced efficiency. For instance, Kent reported sales of $50 million, while Supertec generates around $30 million annually.

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Market Segmentation

By Application

Metal

Ceramic

Glass ◍ Crystalline Materials

By Product

◍ Horizontal-Spindle

◍ Vertical-Spindle

◍ Single Disc Grinders

◍ Double-Disc Grinders

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Market Growth

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$ X Billion USD

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Global Surface Grinding Machines market cagr 11.3% by ReportPrime - Issuu