Cylindrical Grinding Machine Market Growth & Forecast to 2031

Cylindrical Grinding Machine Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage:By Type (External, Internal, and Others), Industry (Medical, Mold and Die Industry, Aerospace and Defense, Automotive, Electrics and Electronics, Industrial Machinery, and Others), Machine Technology (CNC or NC Machine and Conventional Machines), and Geography

Publication Month : Sep 2025

  • Report Code : TIPRE00041009
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 350
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The Cylindrical Grinding Machine Market size is projected to reach US$ 2,828.91 million by 2031 from US$ 1,998.51 million in 2024. The market is expected to register a CAGR of 5.2% during 2025–2031.

Cylindrical Grinding Machine Market Analysis

Surging demand for cylindrical grinding machines from the automotive industry and increasing use in the aerospace and defense industries are driving growth in this market. Additionally, the growing need for precision in the MedTech industry and the rising significance of cylindrical grinding machines in manufacturing are expected to create opportunities for key players in the market. A key trend shaping the market is the integration of new technology in cylindrical grinding machines.

Cylindrical Grinding Machine Market Overview

A cylindrical grinding machine is the core of the whole precision manufacturing which has been used in the last decades in the sectors of the automotive, aerospace, electronics, and medical industries. The need for extremely accurate parts is the main reason that cylindrical grinding machines are being used to a great extent because they can guarantee both accuracy and high-quality finishing of the cylinders. The major work areas of the machine are the production of the engine shafts, orthopedic implants, and aerospace components. The three products mentioned above are the ones that require the highest possible accuracy and surface quality. The performance of the cylindrical grinders is actually getting better due to the combination of CNC and automation technologies. This change results in higher productivity, more precision, and less operational costs. The advancement in technology is what the aerospace and medical device industries are looking for and it is exactly in this place where they need very tight tolerances and quality that is constant.

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Cylindrical Grinding Machine Market: Strategic Insights

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Cylindrical Grinding Machine Market Drivers and Opportunities

Market Drivers:

  • Precision Engineering Demand:

    There is a growing need for high-accuracy components in the automotive, aerospace, and medical industries, which drives demand for cylindrical grinding machines.
  • Automation in Manufacturing:

    Companies are adopting CNC and automated grinding solutions to improve productivity and cut down on human error.
  • Tooling and Component Wear:

    The frequent replacement of worn-out tools and components in industrial machinery increases the demand for grinding machines.
  • Growth in Automotive Sector:

    The rise in vehicle production and the demand for high-performance engine components increase the need for precision grinding.  

Market Opportunities:

  • Industry 4.0 Integration

    Connected Smart grinding machines having IoT connectivity together with real-time monitoring can make better use of the equipment as well as provide predictive maintenance.
  • Growing Markets in the Developing World

    The rapid industrialization in such countries as India, Brazil, and Southeast Asia, gives grinding machine manufacturers the possibility to expand in these areas.
  • Adaptability and Personalization

    The necessity of such kind of machines that are able to handle different materials and complicated shapes is increasing, and this fact is the motivation lender for the innovation of machine design.
  • Environmentally Friendly Grinding Practices

    The introduction of energy-efficient and low-emission grinding technologies has continued to support sustainability programs all over the world.
  • Spare-parts, Services, and Upgrades

    In addition, there are opportunities to convert older machines to CNC capabilities and to provide contracts for maintenance.

Market Trends:

  • Rise of CNC Cylindrical Grinding Machines:

    More companies are adopting CNC machines for their precision, repeatability, and automation.
  • Hybrid Grinding Technologies:

    Grinding is being combined with other machining processes, like turning and milling, to offer multi-functional capabilities.
  • Use of Advanced Materials:

    There is a growing demand for ceramics, composites, and hardened alloys in various industries, which requires better grinding solutions.
  • Digital Twin and Simulation:

    The use of digital twins for simulating and optimizing machine performance is becoming more popular.
  • Collaborative Robots (Cobots)

    Cobot integration in grinding operations improves safety and productivity.

Cylindrical Grinding Machine Market Report Segmentation Analysis

The cylindrical grinding machine market is divided into different segments to provide a clearer understanding of market dynamics, growth potential, and emerging trends. Below is the standard segmentation approach used in industry reports:

By Type: 

  • External 

    These machines grind the outer surface of cylindrical parts. They are widely used in automotive, industrial machinery, and mold and die applications.  
  • Internal 

    These are for precision grinding of internal surfaces. They are commonly used in aerospace, defense, and medical device manufacturing. 
  • Others 

    This category includes centerless, universal, and specialized grinding machines designed for unique or complex shapes. 

By Industry: 

  • Medical 

    These machines make precise components like implants and surgical instruments. 
  • Mold and Die Industry 

    They are essential for producing highly accurate molds and dies used in casting and forming processes. 
  • Aerospace and Defense 

    These machines are needed for high-tolerance parts like turbine shafts, landing gear components, and missile systems. 
  • Automotive 

    They are used for engine parts, transmission shafts, and other rotating components.
  • Electrics and Electronics 

    These support the production of small and high-precision components for consumer and industrial electronics. 
  • Industrial Machinery 

    They play a key role in making durable and high-performance machine parts. 
  • Others 

    This includes emerging sectors like renewable energy, robotics, and precision engineering. 

By Machine Technology: 

  • CNC or NC Machines 

    These computer-controlled machines provide high precision, repeatability, and automation. They are suitable for complex and high-volume production. 
  • Conventional Machines 

    These manually operated or semi-automatic machines are preferred for simpler tasks or cost-sensitive operations. 

By Geography:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The cylindrical grinding machine market in the Asia Pacific has been expanding exponentially lately due to a number of factors. The industrialization in the region has been very rapid and the energy demand has soared in the last few years particularly in China, India, Indonesia, and Malaysia. This has resulted in a boom of exploration and production activities in the related countries. Local authorities in these nations are allocating funds to the oil and gas infrastructure in their areas in an effort to decrease dependence on imports and lift the stability of the energy supply. Plus, the changes happening in the field of drilling and well-completion equipment, as well as in the method of recovery, are making the operations more effective and that is the reason why the companies get more interest in investing in the region. There is a lot of oil left to be tapped specifically in the Saint-Pierre, the basin of the Antarctic Ocean which is an extension of the Pacific Ocean, thus these offshore reserves are offering very attractive opportunities for the service providers in this area. Besides, regulatory changes which are favorable and foreign investments are acting as the catalyzing factors in the expansion of this market further.

Cylindrical Grinding Machine Market Report ScopeCylindrical Grinding Machine Market Share Analysis by Geography

The Cylindrical Grinding Machine Market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. North America dominated the market in 2024, followed by the Middle East and Africa and the Asia Pacific.

Asia Pacific and Latin America are becoming key contributors to cylindrical grinding machine market growth, driven by rapid industrialization and economic development. Tamil Nadu’s Aerospace and Defense Industrial Policy in India aims to attract substantial investment in precision manufacturing. The projected rise in global defense spending—from US$ 2.38 trillion in 2023 to US$ 2.46 trillion in 2024—fuels demand for advanced cylindrical grinding machines that produce military and surveillance equipment. In the medical field, Stryker and Zimmer Biomet leverage precision cylindrical grinding techniques to enhance their implants' surface quality and longevity, ensuring they remain durable within the human body.

Below is a summary of cylindrical grinding machine market share and trends by region:

1. North America

  • Market Share:

    Significant share due to strong industrial base and advanced manufacturing technologies, especially in the US
  • Focus Areas:

    Automotive, aerospace, and medical device industries.
  • Characteristics:

    High adoption of CNC machines, emphasis on precision and automation.

2. Europe

  • Market Share:

    Moderate share with strong presence in Germany, Italy, and Switzerland.
  • Focus Areas:

    Mold and die, automotive, and industrial machinery sectors.
  • Characteristics:

    Emphasis on sustainable manufacturing and high-precision engineering.

3. Asia Pacific

  • Market Share:

    Fastest-growing region driven by industrialization in China, India, Japan, and Southeast Asia.
  • Focus Areas:

    Automotive, electronics, and general manufacturing.
  • Characteristics:

    High demand for CNC and conventional machines; cost-sensitive and volume-driven market.

4. Middle East and Africa

  • Market Share:

    Emerging market with growing industrial and infrastructure development.
  • Focus Areas:

    Industrial machinery and automotive components.
  • Characteristics:

    Increasing investment in manufacturing capabilities and technology upgrades.

5. South America

  • Market Share:

    Developing market with potential growth in Brazil and Argentina.
  • Focus Areas:

    Automotive and industrial machinery.
  • Characteristics:

    Gradual shift toward automation and precision manufacturing.

Cylindrical Grinding Machine Market Players Density: Understanding Its Impact on Business Dynamics

Medium Market Density and Competition

The market experiences moderate competition due to the presence of established players such as 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.

This medium level of competition urges companies to stand out by offering the following:

  • Manufacturers make different machines that work in various fields such as a car, an airplane, and medical.
  • The low entry barriers allowed the local companies to compete with the global ones by concentrating on affordable niche solutions.
  • Customization and modularity have become key features contributing to the development of new machine designs.
  • Local companies as well as global ones compete on the same grounds which are precision, reliability, and the provision of after-sales service.
  • Technologies like IoT and AI are integrated into CNC grinding machines.
  • The objectives of sustainability are pushing the production of energy-saving and eco-friendly machines.
  • The suppliers are coming up with products that are based on the performance and are valued by the buyers as they are becoming more price sensitive.

Opportunities and Strategic Moves

  • Market Size and Growth Rate:

    The market has a positive trend that is attributable to the demand for precise machining procedures, which has been rising in various industries.
  • Key Market Players:

    The leadership of the market is held by multinational manufacturers such as JUNKER, STUDER, and several CNC machine tool companies of the localities.
  • Technological Advancements:

    The amalgamation of CNC, IoT, and AI results in more intelligent and time-saving grinding operations.
  • Application Areas:

    The technology is the mainstay of automotive, aerospace, medical, mold and die, and electronics industries.
  • Regional Market Analysis:

    After Asia Pacific which is the leader in growth, there is a tall industrialized North America and Europe that is the closest follower.
  • Competitive Landscape:

    The competition between the players is at a moderate level and is mainly based on customization, automation, and service support.
  • Industry Challenges:

    The mentioned difficulties in the sector are high initial capital requirement, scarcity of skilled labor, and continuous innovation necessity.
  • Regulatory Environment:

    There is an even more important concern about energy saving and conforming to worldwide manufacturing standards.
  • Customer Preferences and Trends:

    The cylindrical grinding machine market trend is in the direction of automated, modular, and environment-friendly grinding solutions.
  • Future Market Projections:

    The market will be experiencing a positive trend of developments in the field of smart manufacturing and will have the need for the parts of high precision.

Major companies operating in the Cylindrical Grinding Machine Market are:

  1. DMG Mori Company Limited
  2. JTEKT Corp
  3. Kellenberger Switzerland AG
  4. Fives SAS
  5. Erwin Junker Maschinenfabrik GmbH
  6. HMT Machine Tools Limited
  7. Fritz Studer AG
  8. PALMARY Machinery Co., Ltd.
  9. EMAG Systems GmbH
  10. Robbi Group SRL
  11. LIZZINI
  12. MAG IAS GmbH

Disclaimer: The companies listed above are not ranked in any particular order.

Other companies analyzed during the course of research:

  • KAAST Machine Tools, Inc.
  • Weldon Solutions, Inc.
  • Kent Machine, Inc.
  • H. H. Arnold Co., Inc.
  • Chevalier Machinery USA
  • Sharp Industries, Inc.
  • AZ spa
  • DANOBATGROUP
  • Ecotech Machinery, Inc.
  • PARAGON MACHINERY CO., LTD

Cylindrical Grinding Machine Market News and Recent Developments

  • The United Grinding Group opened its Subsidiary in Singapore

    The UNITED GRINDING Group has been present in Southeast Asia for years through representatives and the WALTER EWAG Asia Pacific subsidiary. Now the specialist for grinding, eroding, laser, and measuring machines bundles and intensified its activities in this region by founding a group subsidiary in Singapore, United Grinding Asia Pacific Pte. Ltd. (Source: United Grinding Group, Press Release, November 2023)
  • EMAG Opened its Sales Company in the Middle East

    The EMAG Group opened its new sales company, EMAG Middle East, with the International Free Zone Authority (IFZA) in Dubai. With this expansion, the company is taking an important step into the fast-growing markets of Central Asia and the Middle East. (Source: EMAG Group, Press Release, February 2024)

Cylindrical Grinding Machine Market Report Coverage and Deliverables

The "Cylindrical Grinding Machine Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering the following areas:

  • Cylindrical Grinding Machine Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Cylindrical Grinding Machine Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST and SWOT analysis
  • Cylindrical Grinding Machine Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Cylindrical Grinding Machine Market
  • Detailed company profiles
 
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Which type segment is holding the major market share of the Cylindrical Grinding Machine Market?

The external segment held the largest market share in 2024, owing to the growing demand for cylindrical grinding machines.

What are the opportunities in the Cylindrical Grinding Machine Market?

The rising need for precision in the MedTech industry and the growing importance of cylindrical grinding machines in manufacturing are key opportunities in the Cylindrical Grinding Machine Market.

Which regions are expected to witness the highest growth in the Cylindrical Grinding Machine Market?

Asia Pacific and Europe are projected to lead due to increased demand from the automotive, industrial machinery, aerospace, and defense sectors.

Which are the key players holding the major market share of the Cylindrical Grinding Machine Market?

The key players holding majority shares in the Cylindrical Grinding Machine Market include 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.

Which region is holding the major market share of the Cylindrical Grinding Machine Market?

Asia Pacific held the largest cylindrical grinding machine market share in 2024.

What are the future trends of the Cylindrical Grinding Machine Market?

A key trend defining the market is advanced technology integration in cylindrical grinding machines.

What are the driving factors impacting the Cylindrical Grinding Machine Market?

Surging demand for cylindrical grinding machines from the automotive industry and increasing utilization in the aerospace and defense industry are key factors driving the growth of the cylindrical grinding machine market.

What are the prospects for the Cylindrical Grinding Machine Market?

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, 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 cylindrical grinding machine 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.

What is the estimated market size for the Cylindrical Grinding Machine Market in 2024 and 2031?

The Cylindrical Grinding Machine Market was valued at US$ 1,998.51 million in 2024 and is projected to reach US$ 2,828.91 million by 2031; it is expected to register a CAGR of 5.20% during the cylindrical grinding machiner market forecast period.

What are the industry segments shaping the future of the Cylindrical Grinding Machine Market?

The automotive segment held the largest market share in 2024 and is shaping the market's future, owing to the industry's growing demand for cylindrical grinding machines.

The List of Companies - Cylindrical Grinding Machine Market

  • 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
  • MAG IAS GmbH
  • KAAST Machine Tools, Inc.
  • Weldon Solutions, Inc.
  • Kent Machine, Inc.
  • H. H. Arnold Co., Inc.
  • Chevalier Machinery USA
  • Sharp Industries, Inc.
  • AZ spa
  • DANOBATGROUP
  • Ecotech Machinery, Inc.
  • PARAGON MACHINERY CO., LTD

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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