The global floor grinding machine market size is expected to grow from American dollar 303 million in 2022 to American dollar 356 million by 2027, in compound annual growth rate 3.3% from 2022 to 2027.
The commercial sub-segment within the non-residential segment to be the fastest growing end user of floor milling machines
The non-residential sector includes commercial and industrial spaces such as healthcare, education, hospitality, retail, office and public buildings. The demand for floor grinding machines in this segment is expected to be driven by increased spending on office space and other commercial and institutional construction and focus on employee comfort. The floors of non-residential buildings need to withstand heavy traffic and the load of heavy furniture.
The application and preparation of the appropriate flooring surface in non-residential structures helps reduce the impact of noise from footsteps and adds to the aesthetic value of the interior space. An increasing number of business owners, general contractors and commercial property managers are expanding their businesses with a heavy focus on project milling. Floor grouting is beneficial for commercial spaces because it results in cost savings by using the slab on the row as the finish floor. It also reduces maintenance costs. Commercial spaces include malls, educational institutions, hotels, restaurants, office space, retail stores, and healthcare facilities.
The shift in flooring trends across the commercial segment is expected to increase the share of the non-residential segment in the floor grinding machinery market. Concrete is preferred for floors due to its affordability, aesthetic appearance, ease of maintenance and sustainability. Many concrete manufacturers have promoted it as a green movement due to its high reflectivity, neutral effect on indoor air quality, and long life. Furthermore, concrete aid manufacturers achieve LEED ratings for their organizations.
Single-disc machine configuration to be the largest segment of floor grinding machines during the forecast period
Single disc floor grinders use a horizontal rotating disc for light grinding and polishing operations. These machines are balanced, light in weight and produce less vibration during the grinding process. Single grinding head allows all machine pressure to be distributed onto a single diamond disc.
This makes the machine ideal for vigorous grinding. Single disc grinders cover ten to twelve inches in one pass, with a disc rotation speed of 250 to 3,000 rpm. Single disc grinders are easy to maneuver and transport due to their low weight. Central and Long Press – Permanent diamond tools make these machines ideal for removing old paint and leveling floors simultaneously.
The Specialty Stores segment experienced an uptick in compound annual growth rate (CAGR) during the forecast period.
Consumer products are mainly sold through large retail chains. The manufacturer’s retail customers, such as the large DIY chains, are getting larger and fewer in number, which gives them more bargaining power. Many large retailers also source products that are marketed under their own brands. Larger retailers can display their products in more retail outlets in a wider geographic area. However, this also carries risks such as unsold inventory.
Failure to build or maintain strong supply relationships with do-it-yourself retailers can negatively impact volumes and profitability. Conversely, successfully maintaining these customer relationships can lead to greater dependence on fewer customers, with higher levels of trade receivables and credit risk related to those customers.
Moreover, any reduction in the relative market success of a retailer with whom the manufacturer has a strong relationship could disproportionately negatively affect the brand. Retailers take many measures to reduce sales channel risk, including setting annual credit limits for customers.
Main topics covered:
2. Research Methodology
3. Executive Summary
4. Distinctive Insights
4.1 Asia Pacific To grow at a large rate due to rapid urbanization
4.2 Asia Pacific: Floor Grinding Machine Market, by Machine Configuration and Countries
4.3 Floor grinding machines market by floor type
4.4 Floor grinding machines market, by end user
4.5 floor grinding machine market by machine composition
4.6 Floor Grinders Market by Distribution Channel
4.7 Floor Grinding Machinery Market, By Major Countries
5. Market Overview
5.2 Market dynamics
126.96.36.199 Durability, ease of performance and enhanced efficiency in operations
188.8.131.52 Increasing demand for polished concrete for flooring applications
184.108.40.206 Volatile Prices of Raw Materials
220.127.116.11 Population growth and rapid urbanization translate into a large number of construction projects
18.104.22.168 Increasing demand for remote controlled floor milling machines
22.214.171.124 Health Concerns Associated with Floor Grinding Operations
6. Industry trends
6.1 Porter’s Five Forces Analysis
6.2 Supply Chain Analysis
6.2.1 Raw material manufacturers
126.96.36.199 Notable Companies
188.8.131.52 Small and Medium Enterprises
6.2.2 Contractors / Service Providers
6.3 Ecosystem Mapping
6.4 Technology Analysis
6.5 Case Study Analysis
6.6 Pricing Analysis
6.6.1 average price of floor grinding machines
6.7 Trade Analysis
6.8 Trends / Disruptions Affecting Customers’ Business
6.9 Patent Analysis
6.9.3 Document Type
6.9.4 Publication trends – the last 10 years
6.9.6 Legal status of patents
6.9.7 Jurisdiction Analysis
6.9.8 Senior Companies / Applicants
184.108.40.206 Patent List
6.10 Major conferences and events in 2022-2023
6.11 Regulatory Analysis of Tariffs and Regulations
6.11.1 OSHA (Occupational Safety and Health Administration) Standards for Cement and Concrete
6.11.2 EU standards for silica dust
6.11.3 Regulatory bodies, government agencies and other organizations
7. Floor grinding machines market by floor type
7.2 Marble and limestone
8. Floor grinding machine market, by machine configuration
8.2 1 tablet
8.3 triple and quadruple disc
9. Floor Grinding Machine Market, by Application
9.2 Grinding and polishing
10. Floor Grinding Machine Market by Distribution Channel
10.3 Specialty Stores
11. Floor grinding machines market, by end user
11.2.1 One family
11.2.2 Multiple families
11.3.2 Shopping malls
11.3.3 Educational Institutions
11.3.4 Hotels and restaurants
11.3.5 Office Space
11.4.1 Factories and plants
12. Floor grinding machines market by region
13. Competitive landscape
13.2 Strategies adopted by the major players
13.3 Market Ranking Analysis
13.3.1 Husqvarna Group
13.3.2 Sase LLC
13.3.3 Terrco, Inc.
13.3.4 Achilles SRL
13.3.5 Klindex Srl
13.4 Market share analysis
13.5 Analysis of the company’s product footprint
13.6 quarter company valuation
13.6.2 Emerging Leaders
13.7 SME Matrix, 2021
13.7.1 Progressive Companies
13.7.2 Respondent companies
13.7.3 Dynamic Companies
13.7.4 Starting blocks
13.8 Quarter of Startup / SME Rating
13.9 Competitive Scenario
13.9.1 Expansion and acquisition
14. Company Profiles
14.1 Main companies
14.1.1 Husqvarna Group
14.1.2 Achilles SRL
14.1.3 Werkmaster Grinders & Sanders Inc.
14.1.4 Sase Corporation, LLC
14.1.5 Klindex SRL
14.1.6 The Linux Corporation. Ltd.
14.1.7 Terrco, Inc.
14.1.8 ASL Machines United States of America
14.1.9 Substrate Technology, Inc.
14.1.10 Shanghai Tuomei Machinery Auto Equipment Co.Ltd.
14.2 Other companies
14.2.1 Fujian Xingyi Polishing Machine Co.Ltd
14.2.2 Scanmaskin Sverige Ab
14.2.3 Superabrasive Inc.
14.2.4 Schwamborn Gera? Tebau GmbH
14.2.5 Roll GmbH
14.2.6 Bartell Global
14.2.7 d. Schulze GmbH
14.2.8 Hangzhou Bycon Industry Co., Ltd. Ltd.
14.2.9 Shaanxi Runlon Machinery Co., Ltd.
14.2.10 Mikea SRL
14.2.11 Onfloor Technologies
14.2.12 Diamatic USA
14.2.13 Phx . Industries
14.2.14 Bimack SRL
14.2.15 warrior equipment
For more information on this report, visit https://www.researchandmarkets.com/r/rjkupo
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SOURCE Research & Markets