Global Floor Grinding Machines Market is valued approximately USD 293.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 3.3% over the forecast period 2022-2028.In the construction business, floor grinding machines are used to polish and grind granite, concrete, and marble. This equipment can also be used to restore damaged surfaces and level uneven joins. Floor grinders improve the floor's durability and aesthetic appeal. In floor grinders, different types of revolving discs are used to level, smooth, and clean the floor surface. Single discs, multiple discs, and quadrupole discs are all options for floor grinders. Floor grinding machines' coarse discs typically remove less than 1/16 inch of the floor.Because of the thriving construction industry, significant development in the retail, commercial, and hospitality segments, technological advancements and innovations in the flooring industry, and shifting demand toward modern and fast construction techniques, the Floor Grinding Machine Market is expected to grow significantly in the future. Key players operating in the market are taking strategic moves in the market. For instance, Blastrac N.A., one of the major producer of surface preparation solutions for the global construction and remediation industries, was bought by The Husqvarna Group's Construction Division in December 2020. The acquired product line expands Husqvarna Construction Division's concrete surface and floor portfolio. Similarly, the Sase firm opened a service and distribution centre in Orange, California in August 2020. A showroom and fully stocked warehouse, repair and rental department, will-call and next-day shipment, onsite demos, and financing services are all available at the new location. However, rising costs and unexpected price fluctuations in raw materials destabilise supply chains, making it difficult for manufacturers to compete in the competitive floor grinding machines market. Whereas, rise in demand for remote-controlled floor grinding machines is expected to be an opportunity for the market.
The key regions considered for the global Floor Grinding Machines Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. the APAC region held the greatest market share. China, India, and Japan are the key drivers of floor grinding machine demand in APAC. During the forecast period, China is expected to be the world's fastest-growing market. These countries' expanding populations provide a large customer base. Increased public and private sector investments, rising population, an expanding economy, and high disposable income all contribute to the construction industry's expansion. North America is another important area in the global floor grinding machines market. The worldwide floor grinding machines market in the region is growing as technology advancements and residential development activities increase. .
Major market player included in this report are:
Husqvarna Group
SASE Company LLC
Terrco Inc
Achilli S.R.L
Klindex SRL
Linax co., ltd.
Terrco, Inc.
Asl Machines Usa
Substrate Technology, Inc.
Shanghai Tuomei Machinery Auto Equipment Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByFloor Type:
Marble & Limestone
Concrete
Granite
Wood
Non- Residential
By Machine Configuration:
Single disc
Tri & quadruple disc
Others
By End-use:
Residential
Non-residential
Industrial
By Distribution Channel:
Direct
Specialized stores
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Floor Grinding Machines Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Floor Grinding Machines Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Floor Grinding Machines Market, by Floor Type ,2020-2028 (USD Million)
- 1.2.3. Floor Grinding Machines Market, by Machine Configuration,2020-2028 (USD Million)
- 1.2.4. Floor Grinding Machines Market, by Distribution Channel,2020-2028 (USD Million)
- 1.2.5. Floor Grinding Machines Market, by End-use,2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Floor Grinding Machines Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Floor Grinding Machines Market Dynamics
- 3.1. Floor Grinding Machines Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Durability, ease of functionality, and enhanced efficiency in operations
- 3.1.1.2. Increasing demand for polished concrete for flooring applications
- 3.1.2. Market Challenges
- 3.1.2.1. Volatile prices of raw materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Population growth and rapid urbanization translate to large number of construction projects
- 3.1.3.2. Rise in demand for remote-controlled floor grinding machines
Chapter 4. Global Floor Grinding Machines MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Floor Grinding Machines Market, by Floor Type
- 6.1. Market Snapshot
- 6.2. Global Floor Grinding Machines Market by Floor Type , Performance - Potential Analysis
- 6.3. Global Floor Grinding Machines Market Estimates & Forecasts by Floor Type 2018-2028 (USD Million)
- 6.4. Floor Grinding Machines Market, Sub Segment Analysis
- 6.4.1. Marble & Limestone
- 6.4.2. Concrete
- 6.4.3. Granite
- 6.4.4. Wood
- 6.4.5. Non- Residential
Chapter 7. Global Floor Grinding Machines Market, by Machine Configuration
- 7.1. Market Snapshot
- 7.2. Global Floor Grinding Machines Market by Machine Configuration, Performance - Potential Analysis
- 7.3. Global Floor Grinding Machines Market Estimates & Forecasts by Machine Configuration2018-2028 (USD Million)
- 7.4. Floor Grinding Machines Market, Sub Segment Analysis
- 7.4.1. Single disc
- 7.4.2. Tri & quadruple disc
- 7.4.3. Others
Chapter 8. Global Floor Grinding Machines Market, by Distribution Channel
- 8.1. Market Snapshot
- 8.2. Global Floor Grinding Machines Market by Distribution Channel, Performance - Potential Analysis
- 8.3. Global Floor Grinding Machines Market Estimates & Forecasts by Distribution Channel2018-2028 (USD Million)
- 8.4. Floor Grinding Machines Market, Sub Segment Analysis
- 8.4.1. Direct
- 8.4.2. Specialized stores
Chapter 9. Global Floor Grinding Machines Market, by End-use
- 9.1. Market Snapshot
- 9.2. Global Floor Grinding Machines Market by End-use, Performance - Potential Analysis
- 9.3. Global Floor Grinding Machines Market Estimates & Forecasts by End-use2018-2028 (USD Million)
- 9.4. Floor Grinding Machines Market, Sub Segment Analysis
- 9.4.1. Residential
- 9.4.2. Non-residential
- 9.4.3. Industrial
Chapter 10. Global Floor Grinding Machines Market, Regional Analysis
- 10.1. Floor Grinding Machines Market, Regional Market Snapshot
- 10.2. North America Floor Grinding Machines Market
- 10.2.1. U.S. Floor Grinding Machines Market
- 10.2.1.1. Floor Type breakdown estimates & forecasts, 2018-2028
- 10.2.1.2. Machine Configuration breakdown estimates & forecasts, 2018-2028
- 10.2.1.3. Distribution Channel breakdown estimates & forecasts, 2018-2028
- 10.2.1.4. End-use breakdown estimates & forecasts, 2018-2028
- 10.2.2. CanadaFloor Grinding Machines Market
- 10.3. Europe Floor Grinding Machines Market Snapshot
- 10.3.1. U.K. Floor Grinding Machines Market
- 10.3.2. Germany Floor Grinding Machines Market
- 10.3.3. France Floor Grinding Machines Market
- 10.3.4. Spain Floor Grinding Machines Market
- 10.3.5. Italy Floor Grinding Machines Market
- 10.3.6. Rest of EuropeFloor Grinding Machines Market
- 10.4. Asia-PacificFloor Grinding Machines Market Snapshot
- 10.4.1. China Floor Grinding Machines Market
- 10.4.2. India Floor Grinding Machines Market
- 10.4.3. JapanFloor Grinding Machines Market
- 10.4.4. Australia Floor Grinding Machines Market
- 10.4.5. South Korea Floor Grinding Machines Market
- 10.4.6. Rest of Asia PacificFloor Grinding Machines Market
- 10.5. Latin America Floor Grinding Machines Market Snapshot
- 10.5.1. Brazil Floor Grinding Machines Market
- 10.5.2. Mexico Floor Grinding Machines Market
- 10.6. Rest of The World Floor Grinding Machines Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Husqvarna Group
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Machine ConfigurationSummary
- 11.2.1.5. Recent Developments
- 11.2.2. SASE Company LLC
- 11.2.3. Terrco Inc
- 11.2.4. Achilli S.R.L
- 11.2.5. Klindex SRL
- 11.2.6. Linax co., ltd.
- 11.2.7. Terrco, Inc.
- 11.2.8. Asl Machines Usa
- 11.2.9. Substrate Technology, Inc.
- 11.2.10. Shanghai Tuomei Machinery Auto Equipment Co., Ltd.
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption