Floor Grinding Machines Market Growth Expected to Reach $344.6 Million by 2027

Floor Grinding Machines Market Key Players, SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2027

PORTLAND, OR, UNITES STATES, September 22, 2021 /EINPresswire.com/ -- The global floor grinding machines market size was valued at $271.0 million in 2019, and is projected to reach $344.6 million by 2027, registering a CAGR of 3.1% from 2020 to 2027.

Floor grinding machines are used in various applications such as residential, and commercial. By end user, the residential segment accounted for the largest market share in the floor grinding machines market in 2019. Increased adoption of floor grinding machines in non-residential applications, owing to its durability drives the floor grinding machines market growth. In addition, increase in urbanization around the globe especially in developing regions has created the need for residential construction; thereby, boosting the demand for floor grinding machine products.

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Top Players:

The key players profiled in the floor grinding machines market report include Achilli S.r.l., Blastrac, Fujian Xingyi Polishing Machine Co., Ltd., Klindex S.r.l., Levetec, Scanmaskin Sverige AB, Linax Co Ltd, Stonekor Company, and Tyrolit Construction Products GmbH.

Global Floor Grinding Machines Market Segments

By Head Type
• One & Two Head
• Three & Four Head
• Others

By Application
• Residential
• Non-residential

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The construction and renovation activities include use of floor grinding machines for any activity conducted by an unprofessional individual. This can be generalized as home improvement activities. However, rise in trend of e-retail platforms in the developing nations has made it easy for the non-professional users to buy floor grinding machines.

Key Findings Of The Study:

• The report provides an extensive analysis of the current and emerging floor grinding machines market trends and dynamics.
• By head type, the three and four head segment dominated the floor grinding machines market, in terms of revenue in 2019 and one and two head
segment is projected to grow at a CAGR of 3.6% during the forecast period.
• By end user, the residential segment registered highest growth in the floor grinding machines market in 2019.
• The Asia-Pacific region is projected to register the highest growth rate in the coming years.
• The report provides an extensive analysis of the floor grinding machines market trends and emerging opportunities of the market.
• In-depth floor grinding machines market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.

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David Correa
Allied Analytics LLP
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