According to the Market Statsville Group (MSG), the Floor Grinding Machines Market size is expected to grow from USD 291.4 million in 2021 to USD 400.6 million by 2030 at a CAGR of 3.6% from 2022 to 2030. A floor grinding machine is a specialized, hand-operated machine that polishes and grinds granite, marble, and concrete floors. Some of the most frequent product variations include single, quadrupole, and dual discs. A regulating handle, wheel guard, power plug, vacuum hole, toolbox, control panel, water witch, and abrasive pads are all included in these machines. Leveling uneven joints, refurbishing, mending damaged surfaces, and preserving various granite, limestone, marble, terrazzo, and concrete floors are common uses for floor grinding equipment. These machines help restore old concrete to its original shape and form by removing inconsistencies and imperfect concrete, avoiding dirt and moisture damage, and removing inconsistencies and imperfect concrete.

The growing construction industry is producing a bright picture for the sector. Floor grinding machines are widely employed because of their durability, ease of use, and increased operational efficiency. Accordingly, the extensive use of the product in malls and workplaces for removing paint and adhesive, improving the mechanical qualities, aesthetics, and interiors, and repairing and restoring the floor is boosting the market growth. Furthermore, various product innovations, such as introducing completely dust-free and environmentally friendly grinders, produce low noise and help reduce pollution, thus, boosting the market growth.

Additionally, demand for customizable and simple-to-operate remote-controlled floor grinding machines boosts market expansion. Other reasons, such as increased product demand as a result of the rapid transition to polished concrete flooring and the execution of different government efforts to support smart infrastructure development, are expected to propel the market even higher.

COVID-19 Impact on the Floor Grinding Machines Market

The world economy is shrinking as a consequence of the coronavirus pandemic, which is causing havoc on global economic activity. Due to the global lockdown imposed by governments to combat the exponential spread of the COVID-19 virus, the building construction and maintenance industry has come to a standstill. This had a negative impact on demand for floor grinding machines in both residential and non-residential applications in 2020. Many governments worldwide are allowing construction to begin; however, companies must adhere to specific guidelines to create a safe and healthy workplace for both workers and occupants.

The high maintenance costs of floor grinder machines are projected to limit the growth of the global floor grinding machines market. Increased demand for housing as a result of population increase needs floor grinding; this factor creates prospective opportunities for the global floor grinding machines market over the forecast period.

Scope of the Floor Grinding Machines Market

The study categorizes the floor grinding machines market based on head type, mode of operation, application and end user at regional and global levels.

By Head Type Outlook (Sales, USD Million, 2017-2030)

• One and Two Head
• Three and Four Head
• Others

By Mode of Operation Outlook (Sales, USD Million, 2017-2030)

• Remotely Controlled Grinders
• Manually Operated Grinders
• Handheld Grinders

By Application Outlook (Sales, USD Million, 2017-2030)

• Marble and Granite
• Concrete
• Others

By End User Outlook (Sales, USD Million, 2017-2030)

• Residential
• Non-Residential

By Region Outlook (Sales, USD Million, 2017-2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • Slovenia
  • Slovakia
  • the Netherlands
  • Belgium
  • Norway
  • Denmark
  • Czech Republic
  • Sweden
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • the Philippines
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA

Remote controlled floor grinding machines to hold notable share throughout the forecast period

During the forecast period, the global floor grinding machines market is expected to increase demand for remote controlled floor grinding machines. The characteristics that end-users find appealing include a smart and easy-to-use keypad with all important information, and easily accessible hose connection, an ergonomic adjustable steer, over-voltage protection, and simple, effective, are amazes consumers. The remote-controlled floor grinding machine's plug and grind technology provides a safer working environment and a noticeable boost in output with more consistent results. The market for remote control floor grinding machines is expected to develop in the next years as technology acceptability grows along with the implementation of smart systems.

Asia Pacific accounts for the highest CAGR during the forecast period

Based on the regions, the Global Floor Grinding Machines Market has been analyzed across five major regions: North America, Asia Pacific, the Middle East & Africa, Europe, and Latin or South America. Asia-Pacific is predicted to lead the worldwide floor grinding machines market during the forecast period, due to rising urbanization and infrastructure spending. Furthermore, China is a significant exporter of floor grinding machines worldwide. China's rapid industrial development encourages floor grinding machines and accessory manufacturers to set up a company there. China's low labor and material costs enable manufacturers to create floor grinding machines and accessories at reduced costs while also increasing industrial productivity. Many small manufacturers fulfill the Asian demand for floor grinding machines in the Chinese market for floor grinding machines. In addition, China's growing construction and natural stone sectors provide the potential for the growth of floor grinding equipment.

Key Market Players in Floor Grinding Machines Market

The floor grinding machine market is mildly concentrated in nature, with few numbers of global players operating in the market, such as:

• Achilli S.r.l
• Bartell Global Inc
• Fujian Xingyi Polishing Machine Co. Ltd.
• HTC Group
• Husqvarna AB
• Klindex Srl
• Levetec
• Linax Co. Ltd
• National Flooring Equipment
• ROLL GmbH
• Scanmaskin Sverige AB
• Tyrolit Group
• Blastrac
• Shanghai Tuomi
• Xingyi Polishing
• Scanmaskin Sverige AB
• Superabrasive
• Linux
• Terrco
• ASL Machines
• Substrate Technology
• Shanghai Qing
• Weijie Environmental

Recent Developments

• In December 2020, Blastrac N.A., was acquired by The Husqvarna Group's Construction Division. The Husqvarna Construction Division's offering in concrete surfaces and floors will be enhanced by adding the acquired product line. 
• In August 2020, The Sase company inaugurated a service and distribution center in Orange, California: a showroom and fully stocked warehouse, a repair and rental department, will-call and next-day shipment, onsite demos, and financing options are all available at the new facility.
• In April 2018, HTC Group launched an entirely new grinder, the DURATIQ 5.  This new grinder comes with 75 new features, including a digital control panel that offers users complete control over the grinder's operation and capacity, a dustproof and hermetically sealed new grinding head, and an energy-efficient engine.

Key Issues Addressed

• What is the market size by various segmentation of the floor grinding machines by region and its respective countries?
• What is the customer buying behavior, key takeaways, and Porter's five forces of the floor grinding machines market?
• What are the key opportunities and trends for manufacturers involved in the floor grinding machines supply chain?
• What are the market's fundamental dynamics (drivers, restraints, opportunities, and challenges)?
• What and how are regulations, schemes, patents, and policies impacting the market's growth?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of floor grinding machines in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.