January 09, 2019 - The global floor grinding machine market is predicted to grow at substantial CAGR during the forecast period (2017 to 2022), according to a report available on Radiant Insights, Inc. Growing requirement for grinding and polishing of floors made from concrete, marble, and granite to provide finish is anticipated to propel demand for floor grinding machines. These machines are likely to have more power to drive the unit as concrete is likely to have high sliding friction than marble or granite. Hence, they can be utilized for roughing and finishing flat, cylindrical, and expelling rough projections from casting and stampings. It is likely to be used for removal of adhesives, rain damage, imperfections, and coatings.
Increasing use of floor grinding machine to make any floor look attractive and enhance its durability can augment growth of market. Effective properties of the machine such as robust construction, high-quality, single speed, simple design can influence market growth. Growing adoption of environment-friendly and economical techniques in construction sector can fuel growth of market over next few years. Continual technological advancements in floor grinding machines by making them multi-purpose and autonomous to deliver better services can stimulate growth of market during the forecast period (2017 to 2022).
Increasing use of floor grinding machine to make any floor look attractive and enhance its durability can augment growth of market. Effective properties of the machine such as robust construction, high-quality, single speed, simple design can influence market growth. Growing adoption of environment-friendly and economical techniques in construction sector can fuel growth of market over next few years. Continual technological advancements in floor grinding machines by making them multi-purpose and autonomous to deliver better services can stimulate growth of market during the forecast period (2017 to 2022).
To cater to rising demand for floor grinding machine, most companies are likely to invest in R&D activities to develop advanced products. For instance, Maverick Surface Preparations recently introduced the guardian and triton floor grinding machines. These machines are expected to be lightweight, easy to operate, and quiet. In addition, these machines are likely to offer some useful features including phone holder, built-in cup holder, floating dust shroud, chord handle, light, and magnetic plates for tooling.
In another instance, Husqvarna is expected to offer remote controlled concrete floor grinder named PG 820 RC. This machine is based on company’s dual drive technology. It can enable significantly higher productivity, effortless transportation, and ergonomic operations. With grinding width of 820mm, it can be suitable for factory applications to prepare concrete floor both wet and dry.
The floor grinding machine market can be segregated on the basis of application and region. Based on application, the market can be categorized into commercial building, factory, and others. Factory segment is expected to dominate the market and account for highest market share over the forecast period attributed to rising demand for such machines in construction work within factories.
Regional segmentation includes Europe, North America, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is predicted to dominate the market accounting for largest market share. Increasing number of construction activities in developing countries including India and China are expected to surge demand for floor grinding machines. This, in turn can augment growth of market in the region.
North America is estimated to follow Asia Pacific in terms of market share over the forecast period. Prevalence of manufacturing companies offering advanced floor grinding machines to local construction companies can augment market growth in the region. In addition, rising demand for finished concrete floor in factories and commercial buildings can fuel growth of market over the forecast period.
In Europe, the market is estimated to grow well during the forecast period owing to demand for floor grinding machines in construction activities in the region.
Some of the leading companies offering floor grinding machines are HTC Group, Husqvarna AB, Klindex, Linax, and Roll GmbH.
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