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Global Grinding Machines Market to Reach $8.9 Billion by 2030

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New York, March 09, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Grinding Machines Industry” – https://www.reportlinker.com/p04484197/?utm_source=GNW
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Grinding Machines Market to Reach $8.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Grinding Machines estimated at US$5.2 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at aCAGR of 6.9% over the period 2022-2030. Surface Grinding Machines, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cylindrical Grinding Machines segment is readjusted to a revised 7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 10.9% CAGR

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The Grinding Machines market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 10.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select Competitors (Total 143 Featured)
– 3M Company
– Amada Co, Ltd.
– ANCA Pty. Ltd.
– Chevalier Machinery, Inc.
– Danobat Group
– ELB-SCHLIFF Werkzeugmaschinen GmbH
– EMAG GmbH & Co. KG
– Falcon Machine Tools Co., Ltd.
– Fives Group
– Glebar Co.,
– Hardinge, Inc.
– Heinz Berger Maschinenfabrik GmbH & Co. KG
– JTEKT Corporation
– Kent Industrial Co., Ltd.
– Komatsu Ltd.
– Koyo Machinery USA, Inc.
– Kunshan Huachen Heavy Machinery Co., Ltd.
– Mitsubishi Heavy Industries Machine Tool Co., Ltd.
– Okamoto Corporation
– Pietro Carnaghi Spa
– Shanghai Machine Tool Works Ltd.
– Shigiya (USA) Ltd.
– Sumitomo Heavy Industries Ltd.
– Toshiba Machine Co., Ltd.
– United Grinding Group Management AG

Read the full report: https://www.reportlinker.com/p04484197/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

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1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Grinding Machines: Delivering Ever Increasing Levels of
Dimensional Accuracy, Unimaginable Tolerance Levels, and High
Precision
The Indispensable Role of Grinding Machines in Industrial
Applications: Foundation for Market Growth
Materials, Process Kinematics, and Wheel Speeds
Adaptive Control Bring Great Improvements in Removal Rates
Critical Role of Grinding Fuels
Growing Preference for Super-Abrasives Wheels, CBN and Diamond
Increasing Integration of Artificial Intelligence (AI) in
Grinding Systems
Market Fortunes Intrinsically Linked to the Machine Tools Industry
Key Growth Drivers Summarized
Technology Refinements Boost Demand for Numerical Control (NC)
Machine Tools
Advent of 3D-Printing Machines Marks the Emergence of Next
Generation Machine Tools
Steady Growth Anticipated for Multitasking Machine Tools
Smart Machines Surge in Popularity
Robotic-Assisted Technology and Automation Spurs Growth
Global Market Outlook
Continued Recovery in Global GDP & Manufacturing PMI Supports
Growth Momentum
Despite Slowdown in Economic Growth, China Continues to
Dominate Global Sales of Grinding Machines
Grinding Machines – Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
3M Company (USA)
Amada Co, Ltd. (Japan)
Amada Machine Tools America, Inc. (USA)
ANCA Pty. Ltd. (Australia)
C & B Machinery (USA)
Danobat Group (Spain)
Delapena Honing Equipment Ltd. (UK)
ELB-SCHLIFF Werkzeugmaschinen GmbH (Germany)
Aba Grinding Technologies GmbH, Aschaffenburg (Germany)
EMAG GmbH & Co. KG (Germany)
Falcon Machine Tools Co., Ltd. (Taiwan)
Chevalier Machinery, Inc. (USA)
Fives Group (France)
Gleason Corporation (USA)
Glebar Co. (USA)
Hardinge, Inc. (USA)
L. KELLENBERGER & Co. AG (Switzerland)
Jones & Shipman Hardinge Limited (UK)
Heinz Berger Maschinenfabrik GmbH & Co. KG (Germany)
HTC Sweden AB (Sweden)
IMT SpA-Stabilimento MORARA – DE.CI.MA (Italy)
JTEKT Corporation (Japan)
JTEKT Toyoda Americas Corporation (USA)
Junker Group (Germany)
Erwin Junker Maschinenfabrik GmbH (Germany)
Kent Industrial Co., Ltd. (Taiwan)
Komatsu Ltd. (Japan)
Koyo Machinery USA, Inc. (USA)
Kunshan Huachen Heavy Machinery Co., Ltd. (China)
Matrix Machine Tool (Coventry) Limited (UK)
Mitsubishi Heavy Industries Machine Tool Co., Ltd. (Japan)
Okamoto Corporation (Japan)
Okuma Corporation (Japan)
Pietro Carnaghi Spa (Italy)
Qinchuan Machine Tool & Tool (Group) Corp. (China)
Shanghai Machine Tool Works Ltd. (China)
Shigiya (USA) Ltd.
Sumitomo Heavy Industries Ltd. (Japan)
Taiyo Koki Co., Ltd. (Japan)
Toshiba Machine Co., Ltd. (Japan)
UNITED GRINDING Group Management AG (Switzerland)
UNITED GRINDING North America, Inc. (USA)
UVA LIDKÖPING AB (Sweden)

3. MARKET TRENDS & DRIVERS
Launch of Revolutionary Grinding Platforms and Solutions for
Industry 4.0/Smart Factory Drive Healthy Growth in Demand
Digital Smart Grinding Solutions from United Grinding Group
Revolutionary Air-Operated Grinder Integrated with the Novel
DIQ Platform Technology
ANCA?s Robotic Loader and Other Innovations
Robustness, Flexibility, and Numerous Other Benefits Drive
Implementation of CNC Grinding Machines in the Metal Casting
Industry
Advantages and Disadvantages of CNC Technology
Challenges to Implementing CNC Technology
Future of Automation in CNC Grinding
Multi-Robot Production Cell Technology Opens Up Several
Opportunities
Robotics to Emerge as an Intrinsic Part of CNC Grinding Machines
Superior Attributes over Milling and Turning Boosts Demand in
Aerospace Engine and Components Manufacturing
Machining Platforms Evolve to Address Specific Needs of the
Aerospace Industry
Custom Grinding and Dressing Solutions for Aerospace Parts
Use of New and Different Materials in Aerospace Building
Provide Opportunities
Rise in Aircraft Fleet Drive Long-term Opportunities
Healthy Growth of the Commercial Aviation Sector Signals
Opportunities
Surging Popularity of Laser Machines in Handling Tough Tool
Grinding Promote Market Adoption
Medical Orthopedic Implants Opens Up New Avenues for Future Growth
CNC Tool Grinders Find Growing Use in Orthopedic Implants Grinding
Increasing Use in Electrical Appliances and Electronics
Manufacturing Drive Demand for Die Grinders
Efficiency and Productivity Benefits Drive Demand in the Cement
Manufacturing Industry
Increasing Proliferation of Advanced Technologies in Gear
Grinding Lends Traction to Market Growth
Solutions to Reduce Noise
Accelerating Grinding Time
Enhanced Polish Grinding
Several Critical Applications in Semiconductor Manufacturing
Spurs Demand for Grinding Machines
Growing Demand for New Generation Automobiles Extends
Opportunities for Grinding Machines
Shortage of Skilled Labor is Driving Automation in Grinding
Machinery
Automated Grinding and Finishing Technology
Innovative System for Automated Floor Grinding
Robotic Automation and Grinding Machines: Complimentary to Each
Other or Substitutes?
Robotic Technology for Efficient High Payload Operations
Growing Share of Renewables Drive Demand for Grinding Machines
in Wind Turbines Production
Recovery in Construction Activity Worldwide Benefits Market
Prospects
Asia-Pacific Continues to Dominate the Global Market, Also
Offers Significant Growth Opportunities
Outsourcing of Manufacturing Activity Boosts Demand for
Grinding Machines in Developing Countries
Other Steadily Growing End-Use Markets for Grinding Machines
Job Shops Industry
Heavy Machinery Industry
WEINIG Rondamat Range of Universal Grinding Machines
GrindSmart Grinding Machines for Small and Large Tools
OD-1524X-CNC OD-Cylindrical Grinder
Innovative, Dual Spindle Grinding System for Complex OD and ID
Grinding
VGring-360 that Allows Solid Carbide Tools? Multi-Level Machining
Supertec?s Novel Machine Tools and Grinders Range
Five-Axis Grinding Machinery with Increased Axis Movement
Helitronic-Power 400 & Helitronic-Power Diamond 400 Systems
Spiro F12 and Spiro F5
MEISTER-G3 and GLS-150GL Grinders
NXT Tool Grinding System
The Zema Line: Novel Corundum Grinding Systems Range
3-in-1 Diamond-Grinding Wheels
VG-110 for Large Scale Internal Out-of-Round Machining Needs
Innovative Fixture for Shoe-Grinding in Cylindrical Grinding
Machines
Expanded Range of Vertical Clamp Bore Micro-finishing Grinders
Novel Swing Arm Double Disc Grinder
Innovative Machines by Thielenhaus Microfinish
Norton Pneumatic Die Grinder
Reinvention of Weldon Midas Series
WireDress ® Technology for Metal-Bonded Grinding
Electro-Discharge (EDM) and Electrochemical (ECM) Dressing
Integrated Dressing with STUDER-WireDress®
No Wear of the Dressing Device
Integrated Control Unit in the Control System of the Grinding
Machine
MicroStar iQ: A Flat-Finishing Machine that can Self-Regulate
NUMgrind Software Simplifies Programming of CNC Precision
Grinding Machines
SG 160 SKYGRIND Technology Revolutionizes Gear Grinding Process
Precision Grinding for Sheet Metal Fine Machining
Robot-Guided Flexible Deburring
Lapmaster Wolters? Device for High Quality Profile and Surface
Grinding
Varia: New Improved Universal Cylindrical Grinder
Double Column Surface Grinding Machine
High Speed Compact Internal CNC Grinder
Tiger Ceramic: High Performance Range of Cutting, Grinding, and
Combination Wheels
High Level Cylindrical Grinding Technology
Optimizing User Profitability
ILD Series of Universal Internal Grinding Machines
IRD 200 and IRD 400: Radial and Internal Grinding Machines
Rotary Surface Grinder
High Performance Precision ID Grinder
Upgrading of LGG Range of Grinding Machines
M 18 FUEL ¼? Die Grinder
GPD Double-Drive CNC Cylindrical Grinders
4.5-inch Diamond Grinding Wheel with Long Life
Dual Station Universal Belt Grinder for Enhanced Grinding
JUMAT 6S Grinding Machine
Double Disc Grinding Process for DD-7 Grinders

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Grinding Machines by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 2: World Historic Review for Grinding Machines by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

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Table 3: World 16-Year Perspective for Grinding Machines by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2014, 2023 & 2030

Table 4: World Recent Past, Current & Future Analysis for
Surface Grinding Machines by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR

Table 5: World Historic Review for Surface Grinding Machines by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 6: World 16-Year Perspective for Surface Grinding
Machines by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030

Table 7: World Recent Past, Current & Future Analysis for
Cylindrical Grinding Machines by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2022 through 2030 and % CAGR

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Table 8: World Historic Review for Cylindrical Grinding
Machines by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGR

Table 9: World 16-Year Perspective for Cylindrical Grinding
Machines by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030

Table 10: World Recent Past, Current & Future Analysis for
Center-less Grinding Machines by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2022 through 2030 and % CAGR

Table 11: World Historic Review for Center-less Grinding
Machines by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGR

Table 12: World 16-Year Perspective for Center-less Grinding
Machines by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030

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Table 13: World Recent Past, Current & Future Analysis for
Other Product Segments by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR

Table 14: World Historic Review for Other Product Segments by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 15: World 16-Year Perspective for Other Product Segments
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 16: World Recent Past, Current & Future Analysis for
Automotive by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR

Table 17: World Historic Review for Automotive by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR

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Table 18: World 16-Year Perspective for Automotive by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 19: World Recent Past, Current & Future Analysis for
General Machinery by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 20: World Historic Review for General Machinery by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 21: World 16-Year Perspective for General Machinery by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 22: World Recent Past, Current & Future Analysis for
Precision Engineering by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR

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Table 23: World Historic Review for Precision Engineering by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 24: World 16-Year Perspective for Precision Engineering
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 25: World Recent Past, Current & Future Analysis for
Transport Machinery by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 26: World Historic Review for Transport Machinery by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 27: World 16-Year Perspective for Transport Machinery by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

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Table 28: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 29: World Historic Review for Other Applications by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 30: World 16-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 31: World Grinding Machines Market Analysis of Annual
Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

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UNITED STATES
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in the United States for 2023 (E)
Table 32: USA Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 33: USA Historic Review for Grinding Machines by Product
Segment – Surface Grinding Machines, Cylindrical Grinding
Machines, Center-less Grinding Machines and Other Product
Segments Markets – Independent Analysis of Annual Sales in US$
Million for Years 2014 through 2021 and % CAGR

Table 34: USA 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 35: USA Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 36: USA Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

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Table 37: USA 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

CANADA
Table 38: Canada Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 39: Canada Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 40: Canada 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 41: Canada Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

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Table 42: Canada Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 43: Canada 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

JAPAN
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Japan for 2023 (E)
Table 44: Japan Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 45: Japan Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 46: Japan 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

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Table 47: Japan Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 48: Japan Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 49: Japan 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

CHINA
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in China for 2023 (E)
Table 50: China Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 51: China Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

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Table 52: China 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 53: China Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 54: China Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 55: China 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

EUROPE
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Europe for 2023 (E)
Table 56: Europe Recent Past, Current & Future Analysis for
Grinding Machines by Geographic Region – France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR

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Table 57: Europe Historic Review for Grinding Machines by
Geographic Region – France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGR

Table 58: Europe 16-Year Perspective for Grinding Machines by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2014, 2023 & 2030

Table 59: Europe Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 60: Europe Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 61: Europe 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

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Table 62: Europe Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 63: Europe Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 64: Europe 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

FRANCE
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in France for 2023 (E)
Table 65: France Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 66: France Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

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Table 67: France 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 68: France Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 69: France Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 70: France 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

GERMANY
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Germany for 2023 (E)
Table 71: Germany Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

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Table 72: Germany Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 73: Germany 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 74: Germany Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 75: Germany Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 76: Germany 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

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ITALY
Table 77: Italy Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 78: Italy Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 79: Italy 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 80: Italy Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 81: Italy Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

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Table 82: Italy 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

UNITED KINGDOM
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in the United Kingdom for 2023 (E)
Table 83: UK Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 84: UK Historic Review for Grinding Machines by Product
Segment – Surface Grinding Machines, Cylindrical Grinding
Machines, Center-less Grinding Machines and Other Product
Segments Markets – Independent Analysis of Annual Sales in US$

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Artificial Intelligence

ResourceWise Brings Its Cross-Commodity Data and Analytics Expertise to New Oleochemicals Service

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ResourceWise has met a key milestone in providing cross-commodity price benchmarks, data, and analysis on chemicals, forest products, and decarbonization markets. 
CHARLOTTE, N.C., June 24, 2024 /PRNewswire/ — ResourceWise has met a key milestone in providing cross-commodity price benchmarks, data, and analysis on chemicals, forest products, and decarbonization markets. 

For the first time, one digital product encompasses expertise that spans all the key commodity sectors that ResourceWise covers. Dedicated to renewable feedstock, the new platform-based oleochemicals analysis and insight tools draw on decades of experience within each distinct business sector. 
Dwight Lynch, Biomaterials Business Manager at ResourceWise, is leading the transition towards data and insight on renewable intermediates and biobased and biodegradable polymer inputs. 
“Navigating oleochemicals markets at a time when regulation, legislation, and competition from renewable fuels markets are the key drivers is a challenge. Our new service offers pricing and analysis that informs decision-makers and allows sustainable business to thrive.” 
The new oleochemicals portal in ResourceWise’s flagship chemicals market intelligence platform, OrbiChem360, has evolved beyond its legacy biomaterials insights to focus on the fats and oils markets that are key to sustainability.  
It presents pricing data and analysis that ResourceWise biomaterials experts have furnished within OrbiChem360 this past decade and includes a crude tall oil (CTO) price index. The inclusion of a forest-based output introduces the ResourceWise platform FisherSolve’s pulp and paper industry insight to our portfolio. 
Pete Stewart, the CEO of ResourceWise, is focused on the future. “From raw material converters to end-use consumer goods producers, manufacturing value chain participants are increasingly seeking cross-commodity insights to meet low-carbon targets. We are building and providing the data and analytics businesses need to achieve environmental, social, and governance (ESG) targets and market products competitively worldwide.  
“The ResourceWise mission is to use the intelligence within the increasingly inter-related business sectors we have harnessed to guide customers in their journey toward a net-zero future. This new offering is the first of many milestones in our endeavor to do just that,” adds Stewart.  
A Streamlined Renewable Chemicals Service  
The new product leverages oleochemical pricing and commentary gathered by ResourceWise legacy brands since 2014 and insight collected since the 1990s. It extends our regional reach with additional price points and streamlines the data and analytics provided.  
The new portal is designed with personal care, cosmetics, detergents, lubricants, pharmaceuticals, flavor and fragrance, and food and beverage market participants in mind. However, it provides pricing data and insights for producers, intermediaries, and consumer product manufacturers in broader industries. 
More Than Forty Current and Historical Prices          
International price indexes for oleochemicals include the feedstocks soybean, coconut, tall, rapeseed, and palm oils, as well as tallow and glycerine grades Dozens of spot and contract prices for fatty acids and fatty alcohols plus comprehensive commentary based on intelligence from a worldwide contact base       Low-carbon price benchmarks and commentary in our oleochemicals offering will increasingly leverage intelligence on the biofuels sector within the Prima CarbonZero platform      Global Trade Flow graphics for all oils and tallow to help customers understand how key plant and animal-based feedstocks are traded globally to identify new markets and sources   Industry experts contextualize data, making it actionable, and respond personally to customer inquiries By bridging information gaps in the chemicals market, OrbiChem360 subscribers gain a competitive edge in volatile markets. The platform provides decision makers with robust, data-driven insight that unravels market trends so they can harness growth opportunities. For more information on the OrbiChem360 platform, visit the ResourceWise OrbiChem360 page. 
CONTACT:
Contact:Suz-Anne Kinney          Vice President, Marketing & Communications at [email protected]  +1 (980) 233-4021
This information was brought to you by Cision http://news.cision.com
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Artificial Intelligence

AI Vulnerability Scanning market Size to Grow USD 7,574.30 Million by 2030 at a CAGR of 13.52% | Valuates Reports

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BANGALORE, India, June 24, 2024 /PRNewswire/ — AI Vulnerability Scanning market is Segmented by Type (On-premises, Cloud-Based), by Application (SMEs, Large Enterprise): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global AI Vulnerability Scanning market was valued at USD 3121.56 million in 2023 and is anticipated to reach USD 7,574.30 million by 2030, witnessing a CAGR of 13.52% during the forecast period 2024-2030.
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 Major Factors Driving the Growth of AI Vulnerability Scanning Market:
The market for AI vulnerability assessment is being pushed by the growing requirement for strong cybersecurity defenses against increasingly complex and dynamic cyberthreats. AI-specific vulnerabilities are becoming more likely as organizations use machine learning (ML) and artificial intelligence (AI) more extensively, which calls for the use of specialized scanning solutions. AI vulnerability scanners use cutting-edge algorithms to find and fix security flaws in AI models, shielding against criminal activity, data breaches, and adversarial attacks. The demand for AI vulnerability screening tools is being driven primarily by the increasing awareness of AI security concerns, regulatory constraints for strict data protection, and the integration of AI across multiple sectors, including banking, healthcare, and automotive. Furthermore, improvements in AI and ML methods boost these scanning solutions’ efficacy and propel the market forward.
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TRENDS INFLUENCING THE GROWTH OF THE AI VULNERABILITY SCANNING MARKET
Because cloud-based AI vulnerability scanning provides scalable, effective, and all-encompassing security solutions, it is driving the growth of the AI vulnerability scanning market in major companies. By constantly monitoring and analyzing enormous volumes of data across enterprise networks, these cloud-based systems make use of cutting-edge AI algorithms to spot possible vulnerabilities in real time. Large businesses can effectively manage security across different and complex IT infrastructures thanks to the flexibility and scalability of cloud solutions, which guarantees strong defense against constantly changing cyber threats. Furthermore, cloud-based platforms’ centralized architecture makes it simpler to integrate and upgrade with pre-existing security frameworks, which improves overall resiliency. The market is expanding significantly as a result of large organizations prioritizing cybersecurity and the increased need for advanced, AI-driven vulnerability detection solutions.
The market for AI vulnerability scanning is primarily driven by the rise in complex cyberthreats. Organizations are becoming more cognizant of the necessity for sophisticated security measures as cyber threats escalate in complexity and frequency. When it comes to identifying and countering these contemporary threats, traditional vulnerability scanning techniques frequently fall short. Real-time detection and prediction analysis capabilities are provided by AI-powered vulnerability scanning solutions, which can detect possible security breaches before they happen. Organizations must make significant investments in AI-based security solutions in order to preserve business continuity and protect critical data.
One major element propelling the market expansion for AI vulnerability scanning is regulatory compliance. Tight laws are being passed by governments and business associations across the globe to guarantee cybersecurity and data security. Sufficient observance of regulations like GDPR, HIPAA, and CCPA necessitates ongoing security vulnerability reporting and monitoring. AI vulnerability scanning systems offer thorough and automated security assessments, which assist enterprises in meeting these legal obligations. This ability not only guarantees compliance but also lowers the possibility of fines and harm to one’s reputation, which motivates more companies to choose AI-powered security solutions.
Another important element propelling the market for AI vulnerability scanning is cost effectiveness. Conventional security methods are resource-intensive and can require a large amount of manual effort, which raises operational costs. The identification and mitigation of security threats are automated by AI-powered vulnerability scanning solutions, which minimizes the need for significant human participation. Organizations save a significant amount of money because of this automation, especially big businesses with sophisticated IT infrastructures. Furthermore, early vulnerability detection reduces the possible financial effect of cyberattacks, which makes AI-driven solutions a financially viable choice for companies.
The market for AI vulnerability scanning is expanding due in large part to the need for real-time threat identification. Real-time security threat detection and response is essential in today’s fast-paced digital world. Artificial intelligence (AI)-driven vulnerability scanning solutions enable businesses to quickly respond to possible threats by offering continuous monitoring and instantaneous analysis of security weaknesses. Reducing the effects of cyberattacks and preserving the integrity of vital systems depend on this real-time detection capabilities. Adoption of AI-based security solutions is driven by the increased requirement for quick reaction to threats.
The market for AI vulnerability screening is being driven by several factors, including increased accuracy and precision. Conventional vulnerability scanning techniques can miss subtle security risks and generate false positives. On the other hand, AI-powered products use sophisticated analytics and machine learning algorithms to pinpoint vulnerabilities extremely precisely. This lowers the quantity of false alarms and guarantees that serious dangers are dealt with right away. Because AI-driven solutions are more accurate, security measures are more effective overall, which is why businesses looking for dependable and all-inclusive vulnerability management choose them.
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AI VULNERABILITY SCANNING MARKET SHARE ANALYSIS
The market for AI vulnerability scanning is dominated by North America because of the region’s strong emphasis on cybersecurity and technical improvements. Because there are so many tech businesses, financial institutions, and government organizations in the US that need to implement strong cybersecurity measures, the country is a big participant in this space. The development and uptake of sophisticated vulnerability scanning solutions are aided by the presence of significant AI and cybersecurity companies in the area. The industry is additionally driven by strict regulatory requirements, such as those imposed by the Health Insurance Portability and Accountability Act (HIPAA) and the Federal Information Security Management Act (FISMA), which force firms to install extensive security measures. The increased frequency of cyberattacks in North America emphasizes the necessity for sophisticated AI-powered security measures.
Key Players:
European UnionCRYPTTECHSecPointTheSmartScannerSecureWorksCybotsCyber OrionImmuniWeb SAVertaHuawei CloudFreeBufAlibaba CloudIBMGoogle CloudBARUTUAmazon AWSPurchase Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-12L15782/Global_AI_Vulnerability_Scanning_Market_Research_Report_2023
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Artificial Intelligence

Timekettle Announces HybridComm 3.0 Upgrade, Marking a New Era in Near-human-level AI Translation Technology

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SHENZHEN, China, June 24, 2024 /PRNewswire/ — Timekettle is excited to announce the release of its latest software upgrade, the AI Semantic Segmentation. Powered by Timekettle’s cutting-edge TurboFast Technology under HybridComm 3.0, the AI Semantic Segmentation sets a new standard in real-time language translation, solidifying Timekettle’s position as the expert in AI translator earbuds.

As the pioneer and innovator in cross-language communication solutions, Timekettle has relentlessly advanced the field through innovative products, marking a significant chapter in AI translation devices. Initially offering handheld translators for simple exchanges, Timekettle’s breakthrough came with the WT2 Plus Translator Earbuds, featuring HybridComm 1.0 for seamless, one-way translation and a speaker mode for broader communication. The subsequent launch of the WT2 Edge Real-time Translator Earbuds, with HybridComm 2.0, enabled natural, bidirectional conversations. The latest advancement, powered by HybridComm 3.0 featuring the AI Semantic Segmentation, significantly enhances translation efficiency and accuracy, marking a new era in near-human-level AI translation technology.
Leveraging the advanced TurboFast Technology, the AI Semantic Segmentation ensures a seamless and instant translation experience, helping the translated speech align perfectly with the speaker’s rhythm, and eradicating the issue of delayed translated output in crucial communication scenarios. It begins by grasping the core meaning of sentences. Once it aligns closely with the “entirely correct” benchmark, it begins translating while still processing the original voice, allowing users to hear the translated audio sooner.
Thanks to the AI Semantic Segmentation, the delay in receiving translated audio has been reduced by 200%, bringing its real-time translation capabilities on par with live interpretation. Internal test conducted recently revealed that with the AI Semantic Segmentation, a translated speech only delays a sentence lag time, while other traditional speech translation devices may experience significant delays of 30 to 40 seconds.
This significant reduction, cutting over 20 seconds of waiting time, has revolutionized continuous communication. Picture being at a conference room where attendees can instantly hear the translation of a sentence right as the speaker starts the next. Such a seamless flow of communication marks a new era of cross-language interaction, paving the way for a more connected world.
The AI Semantic Segmentation is now available on Timekettle WT2 Edge Real-time Translator Earbuds, M3 Language Translator Earbuds, and X1 AI Interpreter Hub (One-on-one mode, Listen & Play mode, and Ask & Go mode for now; Voice Call mode and more starting June 28th) and upon installing the latest software update for existing users. 
About Timekettle
Established in 2016, Timekettle is dedicated to advancing cross-language communication through innovative products and solutions. Recognized with numerous international accolades, including the CES Innovation Award, iF Design Award, and Japan Good Design Award, Timekettle’s products have proudly served the needs of cross-language communication in a variety of user scenarios, including abroad-living, traveling, multi-language meetings and classrooms, as well as in manufacturing and logistics, and beyond. Having solidified a user database of more than 400,000, Timekettle continues its journey as the Global No.1 AI Translator Device.
For further information, please visit https://www.timekettle.co/ or contact [email protected]
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