North America Grinding Machinery Market Analysis and Forecast by Size, Share, Growth, Trends 2031

The North America Grinding Machinery Market size is expected to reach US$ 1,633.4 Million by 2031 from US$ 1,220.4 Million in 2024. The market is estimated to record a CAGR of 4.4% from 2025 to 2031.

Executive Summary and North America Grinding Machinery Market Analysis:

North America consists of the US, Canada, and Mexico. Technological advancements have led to high competition in the manufacturing industry across North America. The US is the second largest country in the world in terms of manufacturing machinery and equipment. Also, the country is one of the leading fabricated metal product manufacturers across the world.

The aerospace & defense industry in North America is reporting tremendous growth owing to the stable economy, developed infrastructure, high technology adoption rate, and mounting investments by governments. In 2023, the government of Canada announced an investment of approx US$ 7.44 million to support Swiss business H55's opening in Canada. This investment is expected to attract global leaders in aircraft manufacturing to make Greater Montréal its platform for manufacturing products. The rising trend of precision in the aerospace and defense sector, where components must adhere to strict tolerances and specifications, is one of the major drivers for the market. Grinding machines are utilized to achieve high levels of accuracy in the manufacturing process. In February 2025, the US Army sealed a contract with BAE Systems to purchase 309 additional AMPVs. The new armored personnel carriers will be ordered for fiscal years 2025, 2026, and 2027, with an increase in production from 81 vehicles in 2025 to 122 in 2026 and 2027. In August 2024, the US Army awarded General Dynamics Land Systems with another low-rate initial production contract for the M10 Booker Combat Vehicle. The US$ 322.7 million contract modifies an identical contract awarded in June 2024, with estimated completion in October 2026. Techniques such as CNC (Computer Numerical Control) grinding allow manufacturers to produce intricate geometries and complex shapes that are essential for aerospace components.

North America Grinding Machinery Market: Strategic Insights

North America Grinding Machinery Market Segmentation Analysis:

• By Type, the North America Grinding Machinery Market is segmented into Cylindrical Grinding Machine, Coordinate Grinding Machine, and Others. Others held the largest share of the market in 2024.
• By Cylindrical Grinding Machine Type, the North America Grinding Machinery Market is segmented into External, Internal, and Others. External held the largest share of the market in 2024.
• By External Diameter Size, the North America Grinding Machinery Market is segmented into Upto 150 mm, 151-250 mm, 251-500 mm, and Above 501 mm. Upto 150 mm held the largest share of the market in 2024.
• By Internal Diameter Size, the North America Grinding Machinery Market is segmented into Upto 100 mm, 101-200 mm, 201-300 mm, and Above 301 mm. Upto 100 mm held the largest share of the market in 2024.
• By Industry, the North America Grinding Machinery Market is segmented into Medical, Mold and Die Industry, Aerospace and Defense, Automotive, Electronics and Electrics, Industry Machinery, and Others. Automotive held the largest share of the market in 2024.
• By Machine Technology, the North America Grinding Machinery Market is segmented into CNC or NC Machine and Conventional Machine. CNC or NC Machine held the largest share of the market in 2024.

North America Grinding Machinery Market Players Density: Understanding Its Impact on Business Dynamics

The North America Grinding Machinery Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

North America Grinding Machinery Market Outlook

Manufacturers in the automotive industry seek ways to enhance production efficiencies, reduce costs, and improve product quality. To achieve this, they deploy grinding machines such as CNC machines that offer high precision, flexibility, and automation capabilities in their facilities. The automotive industry relies immensely on conventional and advanced grinding machines for applications such as component assembly, fabrication, and surface finishing. In the automotive industry, grinding machines are used mainly in the manufacturing of engine parts, chassis components, and body panels. Grinding machines are employed in various stages of automotive production, from the manufacturing of individual components to the assembly of complete vehicles. Grinding is essential for producing engine parts such as camshafts, crankshafts, and cylinder heads. These components require high precision and surface finish to ensure optimal performance and longevity. For instance, crankshafts are often ground to achieve tight tolerances that are vital for engine efficiency. Components such as gears and shafts undergo grinding to enhance their surface properties and dimensional accuracy. The grinding process also helps in reducing wear and friction, which is necessary for smooth transmission operation.
Additionally, a grinding machine is used to fabricate brake discs and pads, ensuring that they meet stringent safety standards. The surface finish achieved through grinding contributes to better braking performance and reduced noise. Parts such as control arms and bushings are ground to achieve the necessary fit and finish, which is critical for vehicle handling and stability. In the final assembly stages, grinding machines are leveraged to ensure that all components mount together seamlessly, boosting the overall quality of the vehicle.

The increasing demand for automotive vehicles is prompting ongoing investments in the automotive sector within the country, such as the assembly plant established by the Mazda-Toyota joint venture for manufacturing in Huntsville in 2021. Car sales in North America remained resilient in 2024, with the region recording a ~3.8% growth. This indicates a vast need for grinding machines in this industry. The globally expanding automotive industry, with huge investments, continues to favor the progress of the grinding machines market, as these machines are used in a wide range of processes in this industry, including surface finishing. The growing demand for high-precision, durable, and high-performance vehicle components is fueling the adoption of grinding machines across the automotive industry. From engine parts to brake systems and final assembly, grinding plays a vital role in ensuring quality, safety, and efficiency. As global automotive production rises, investments in grinding technologies will continue to surge, driving sustained growth in the grinding machines market.

North America Grinding Machinery Market Country Insights

By country, the North America Grinding Machinery Market is segmented into the United States, Canada, and Mexico. The United States held the largest share in 2024.

The US aerospace and defense market is accelerating owing to the increased defense investment by the government. According to a report published by the Aerospace Industries Association (AIA), the air and defense industry sales in the US increased by 7.1%, accounting for US$ 892.2 billion in 2023. The industry generated US$ 425 billion in economic value, which contributed to 1.6% of the total nominal GDP of the country in 2023. As per the US Department of State, in FY2024, the total value of transferred defense articles and services and security cooperation activities conducted under the Foreign Military Sales system was US$ 117.9 billion; this represents a ~45.7% increase, up from US$ 80.9 billion in FY2023. In 2023, BAE Systems was awarded a US$ 211 million firm-fixed-price modification to a previously awarded contract by the US Marine Corps for more amphibious combat vehicles (ACVs) under the Marine Corps' fourth order for full-rate production (FRP). In addition to vehicle production, the award covers the procurement of 40 FRP ACV Personnel (ACV-P) variants, fielding and support expenditures, and test equipment. In 2024, BAE Systems was awarded US$ 25 million to deliver the US Marine Corps more ACV-P units under its fourth order for full-rate production. The rising sales in the air and defense industry are supporting the growth of the end-use industry, such as manufacturing and the supply chain. Thus, the growing aerospace industry of the US is driving the growth of the grinding machinery market.

North America Grinding Machinery Market Company Profiles

Some of the key players operating in the market include JTEKT Corp, DANOBATGROUP, Fives SAS, Okuma Corp, DMG MORI, Kellenberger Switzerland AG, Erwin Junker Maschinenfabrik GmbH, HMT Machine Tools Limited, Fritz Studer AG, Fehlmann AG, PALMARY Machinery Co., Ltd., EMAG Systems GmbH, Robbi Group SRL, LIZZINI, MAG IAS GmbH.

These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

North America Grinding Machinery Market Research Methodology

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research

The research process begins with comprehensive secondary research, utilizing internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations
• Industry trade journals and other relevant publications
• Government documents, statistical databases, and market reports
• News articles, press releases, and webcasts specific to companies operating in the market

Note:

Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:

• Validate and refine findings from secondary research
• Enhance the expertise and market understanding of the analysis team
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, Business Development Managers, Market Intelligence Managers, and National Sales Managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise