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Surfacing Machines Market Size, Share & Industry Analysis, By Type (Milling Machine, Grinding Machine, Others), By Application (Machinery ManufacturingMold Making, Automobile, Aerospace & Defense, Others) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105373 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

The type of tool that is utilized for grinding or milling work pieces is referred as surface machines. These machines basically utilised as a cutting tool for abrasive machining. The abrasive wheel’s rough surface shreds off small portions of the work piece as required. It is broadly used as abrasive machining process which has spinning wheel or grinding wheel covered in rough substance. These wheels cuts chips non-metallic or metallic particles from a work piece making it smooth.


These machines has different styles and configurations as well as different colours. There are broaches, grinders like belt, dry, wet & mills available with variety of designs. These machines uses formed or coated abrasives, some use later styles or models such as PCD or CBN & carbide, some are operated dry and some use coolant. In spite of these differences, the two things which are common in surface machines are, they make a misshaped surface flat or smooth, and requiring daily maintenance, care and attention. It is necessary to maintain their dependability and accuracy for smooth functioning.

The surfacing machine market is anticipated to exhibit substantial growth over the forecast period. As these machines are majorly utilised in industrial application as abrasive machining process making a face of it flat or smooth. Hence, the market is expected to show a significant growth, owing to rising industrial & commercial application.

Key Market Driver -

• Significant Technological Improvements for Micro patterns

Key Market Restraint -

• Dearth of Technically Skilled Manpower. • Daily Necessary Maintenance of Machines


Key Players Covered:


The major key players in the market are Rayner Equipment, Schaefer-Technic, Rottler Manufacturing, Precision Surfacing Solutions, Safety Protection, VSS Macropaver, MILES SUPPLY, Coburn Technologies, Dhiman Roadtech, Lapmaster Wolters, Hi-Lite Machine, CR Surfacing Laboratories, Bedrock Chem Infra, DMG Mori Seiki, DMTG, AMADA, Yamazaki Mazak, Okuma Corporation, KOMATSU NTC, Makino, Haas Automation,  JTEKT Corporation, Doosan Infracore, Emag, Rottler Manufacturing, GROB

Regional Analysis:


North America is expected to exhibit growth in the surface machine market, owing to growing industrialization & development in technological advances. For instance, Precision Surfacing Solutions based in U.S, supports manufacturing in a wide variety of industries. This includes lapping, precision grinding, deburring, polishing and advanced materials processing machines which are commonly used. Whereas, Rayner Equipment Systems headquartered in California, are manufacturers of slurry, micro surfacing machines & sealcoating which is being used to maintain asphalt pavements around the world. Therefore, these manufacturers can also be considered as driving forces contributing to growth.

Furthermore, Europe is projected to witness the growth in forecast period due to the rise in technology & innovations. Along with increase in demand & supply for surface machines, this region has more potential to grow their presence in the market. For Instances, Schäfer-Technic Gmbh, based in Germany, are manufacturer as well design the surface treatment and sealing, machines for hot asphalt paving, thin asphalt surface layers in cold paving. The company also contributes in repair of road damage with joint technology and sealing technology for concrete and asphalt surfaces, special machines, considering the environmental protection.

Asia Pacific region is projected to witness a strong growth in the market. As some of the major players are operating from Japan. For example, Japanese company like DMG Mori Seiki Co., Ltd, is the largest machine tool builders in the country. The company is a manufacturer of peripherals, machine tools & systems with more than 160,000 installations around the world. Whereas, DMTG (Dalian Machine Tool Group Corporation), China based largest machine tool builder, manufacturers flexible production lines, high-speed machining centres, high-speed CNC machine tools & CNC function components.

Africa region may witness a steady rise because of their current economy situation & lack of technology, however, Middle-east region is expected to grow as the industries & manufacturing companies are establishing themselves in the country.

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Segmentation






















  ATTRIBUTE

   DETAILS

By Type



  • Milling Machine

  • Grinding Machine

  • Others (Plasma, Electric Spark etc.)



By Application



  • Machinery Manufacturing

  • Mold Making

  • Automobile

  • Aerospace & Defense

  • Others (Ship power etc.)



By Region



  • North America (U.S., Canada and Mexico)

  • Europe (U.K., Germany, Spain, Italy, France, Benelux, Nordics and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)

  • Middle East & Africa (Israel, Turkey, GCC, North Africa, South Africa and Rest of the Middle East & Africa)

  • South America (Brazil, Argentina and Rest of South Africa)



Key Industry Developments –



  • In April 2019: Precision Surfacing Solutions (PSS) announced the acquisition of Wafering Division of Meyer Burger Technology Ltd to grow their market in semiconductor & electronic segment

  • In February 2020: - Rayner Equipment System was acquired by Etnyre International Ltd. This acquisition gave Etnyre international entry to micro-paving & slurry business. Also making them market-leading manufacturer in the pavement preservation industry.


  • Ongoing
  • 2023
  • 2019-2022

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