Cylindrical Grinding Machine Market is expected to reach US$ 2,828.91 Million by 2031

Surging Utilization of Cylindrical Grinding Machines in Aerospace and Defense Industry Boosts Cylindrical Grinding Machine Market Growth  

According to our latest market study on "Cylindrical Grinding Machine Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Location, Solution, Equipment Type, and Service," the market was valued at US$ 1,998.51 million in 2024 and is anticipated to reach US$ 2,828.91 million by 2031; it is estimated to register a CAGR of 5.20% during 2025–2031. The report includes growth prospects in light of current Cylindrical Grinding Machine Market trends, and propelling the market growth.

The demand for precision machining in the automotive, aerospace, and medical sectors is on the rise, and this trend has a positive impact on the cylindrical grinding machine market share, which is the main reason why this market has a strong potential. CNC integration, IoT-enabled monitoring and environmentally friendly designs are contributing to the change of the manufacturing standards. The industrial expansion in emerging economies is the main driver of the market growth while those in the developed regions are focusing on automation and sustainability. Customization and digital transformation have become a new source of the market demand and the manufacturers are trying to keep up with the pace by introducing new products. The market potential in the field of smart manufacturing and energy-efficient solutions is still very high even though the competition is at a moderate level. The market is growing at a moderate pace which is a result of the interplay of various factors including changes in customer preferences, the need for regulatory compliance, and demand for high-performance grinding systems at low-cost.

Cylindrical Grinding Machine Market Analysis – by Geography, 2024

Source: The Insight Partners Analysis

This trend is underlined by recent developments in the world. Airbus increased its production activities in China by inaugurating a second A320 assembly line in Tianjin in 2023. The aim is to manufacture 75 A320neo aircraft per month by 2026. 

Similarly, the sphere of defense is also experiencing a rise in investment, in different parts of the globe. BAE systems has won a contract worth US$ 184 million to deliver 48 more AMPV units to the US army. At the same time, Russia came up with the new armored vehicles including the BTR-22 and Zubilo. Poland, Spain, and India have been the big purchasers of the defense sector, they have bought infantry fighting vehicles and made upgrades for combat vehicles. This is indicative of the world trend towards modernizing military fleets.

The collaboration between Deutsche Aircraft and Weerts Group to build a final assembly line for the D328eco airplane is an example of the aerospace sector’s commitment to innovation and sustainability. These changes lead to the increased demand for the grinding technologies with high-performance that can meet the requirements of precision and reliability in the production of aerospace and defense.

The scope of the Cylindrical Grinding Machine Market report focuses on North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, United Kingdom, Poland, Austria, Switzerland, Sweden, Norway, Denmark, Czech Republic, Belgium, Netherlands, Croatia, Romania, Slovenia, and Rest of Europe), Asia Pacific (Australia, China, India, Japan, South Korea, Malaysia, Taiwan, Thailand, and the Rest of Asia Pacific), the Middle East and Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East and Africa), and South America (Brazil, Argentina, and the Rest of South America).

Geographically, the global cylindrical grinding machine market is divided into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The cylindrical grinding machine market growth is fuelled by the expansion of the industrial sector, the rise of technology, and the need for precise production.

Asia-Pacific registered the highest market share in 2024 and is expected to growth at highest CAGR during the cylindrical grinding machine market forecast period due to the region's extensive industrial base and rapid technological growth. The robust manufacturing activities in China, as evidenced by the very high PMI in 2022, is a strong signal of the rising demand of cylindrical grinders. China's commitment to high-precision manufacturing and state-of-the-art technology has been a major factor in expanding the cylindrical grinding machine market share. Japan, South Korea, and India are also making contributions through precision engineering and defense manufacturing, which apart from being a source of growth have now become a common trend in these countries.

In the US and Canada the revitalization of manufacturing is the reason why the demand for cylindrical grinding machines is going up. Reshoring is the process of bringing production back to local areas. Hence this is resulting in the increase of output and also in the attraction of investments in different capabilities.

The automotive and aerospace industries are major influences in this shift, consistently looking for high-quality CNC machines that can meet their strict requirements for tight tolerances and excellent surface finishes. The cylindrical grinding machines market in Europe is large, comparable to that in North America. The strong industrial history gives Europe a big stake in this cylindring grinding machine market trend. Germany has become the center of the engineering innovation, it is very active in the automating and digitalizing of its industrial processes. The country’s investment of US$ 220 billion in industrial transformation in 2022 is a major factor that drives the demand for modern grinding technologies. The region is increasingly adopting CNC machines and emphasizing energy efficiency and environmental issues, which set it apart from other areas and establish it as a hub for high-quality cylindrical grinding solutions. The MEA region and South America are attracting investments because of their ongoing infrastructure and economic development. In the coming years, the UAE, Saudi Arabia, Brazil, and South Africa are expected to invest heavily in oil and gas, automotive, and construction—three crucial sectors that require precision grinding machines. In the MEA region, grinding machines are widely used in oil and gas exploration and refining, while the rising automotive and electronics industries in South America are driving increased demand in cylindrical grinding machine market analysis. 

DMG Mori Company Limited; JTEKT Corp; Kellenberger Switzerland AG; Fives SAS; Erwin Junker Maschinenfabrik GmbH; HMT Machine Tools Limited; Fritz Studer AG; PALMARY Machinery Co., Ltd.; EMAG Systems GmbH; Robbi Group SRL; LIZZINI; and MAG IAS GmbH. are among the key players profiled in the Cylindrical Grinding Machine Market report. The report also studied and analyzed other players to get a holistic view of the market and its ecosystem. The cylindrical grinding machine market forecast helps stakeholders plan their growth strategies. The market study provides detailed market insights, which help the key players strategize their growth.    

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