The global CNC Cylindrical Grinding Machine market size was USD 2.08 Billion in 2022 and is expected to reach USD 4.27 Billion in 2032, and register a revenue CAGR of 4% during the forecast period. Rising demand for precision grinding across a range of industries, growing trend toward automation in production, and technological developments are some of the major factors driving the market revenue growth.

With the requirement for precise grinding of intricate components, demand for CNC cylindrical grinding machines is rising across several industries, including automotive, aerospace, and medical sectors. To guarantee the quality of completed products, this equipment must be able to produce accurate and reliable results. In addition, the adoption of these devices across many industries is being driven by the desire for increased productivity and less downtime in manufacturing operations.

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The market revenue growth is a result of the trend toward automation in manufacturing. The need for manual intervention is decreased by efficient and accurate regulation of the grinding process made possible by integration of these machines with computer-controlled systems and software. The manufacturing sector's demand for CNC cylindrical grinding machines is also being driven by these machines' capacity to complete intricate grinding tasks with little assistance from an operator.

Technology development is also a major factor driving the market revenue growth. The need for CNC cylindrical grinding machines is expected to increase as a result of the development of novel grinding technologies such as abrasive machining and electrochemical grinding. In addition, the need for sophisticated CNC cylindrical grinding machines that can integrate with Industry 4.0 technologies, such as the Internet of Things (IoT) and Artificial Intelligence (AI), is growing.

With the need to reduce energy consumption and adhere to environmental standards, there is a rising demand on the market for energy-efficient CNC cylindrical grinding machines. By using these devices, energy consumption is decreased, which lowers costs and cuts down on carbon emissions.

Competitive Landscape:

• Schaudt Mikrosa GmbH
• Danobat Group
• Körber Schleifring GmbH
• Junker Group
• United Grinding Group AG
• Tacchella Macchine S.p.A.
• Okuma Corporation
• Toyoda Machinery & Engineering Corporation
• JTEKT Corporation
• TOS Varnsdorf
• Makino Milling Machine Co., Ltd.

The global market is further segmented into type and application:

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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