The global centerless grinding market size was approximately USD 7.20 Billion in 2024. The market is assessed to grow at a CAGR of 8.50% between 2025 and 2034, reaching a value of USD 16.28 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
8.5%
Value in USD Billion
2025-2034
Centerless Grinding Market Outlook
*this image is indicative*
Centerless grinding refers to the process of removal of materials from the OD (outside diameter) of a workpiece by deploying an abrasive wheel. It is used for refining carbide rods, motor shafts, pivots, and axles, among other crucial components of industrial machines. It facilitates the manufacturing of tight tolerance components that have strict design parameters and provide an excellent surface finish and roundness/straightness to them.
The EMR’s report titled “Centerless Grinding Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Machine Type:
Market Breakup by Application:
Market Breakup by Region:
As per the centerless grinding market analysis, the manufacturing sector is expected to be one of the major end-users of centerless grinding. This is because in-feed grinding helps in shaping geometrically complex components of various finished products accurately. This system results in immense cost savings because it requires very low maintenance and helps save production time by automating repetitive tasks. It also benefits in terms of product dimension and scale, manufacturing components based on specific requirements.
Apart from the manufacturing sector, the adoption of centerless grinding technology is also expected to increase across the aerospace, defence, and electronics sectors.
The Asia Pacific is expected to account for a significant centerless grinding market share. This growth can be attributed to the expansion of the manufacturing sector in China, Japan, India, South Korea, and Indonesia, among other countries. These countries rely on their manufacturing sector for self-sufficiency, which impacts their economic growth and decision-making ability. The performance of manufacturing units also determines the output level of their end-use industries which are engaged in providing various services to other sectors. Thus, these countries attach the utmost importance to the performance of their manufacturing sectors, which favours the centerless grinding market demand.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global centerless grinding market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Fives SAS was founded in 1812 and is headquartered in Paris, France. It designs and supplies machines, process equipment, and production lines for various industries, including steel, automotive, logistics, and aerospace, among others. It has three business segments that operate in high precision machines, process technologies, and smart automation solutions.
Acme Manufacturing was founded in 1910 and is headquartered in Michigan, the United States. It is one of the leading manufacturers of robotic finishing systems and precision centerless grinding machines with a coated abrasive belt. Acme Manufacturing is one of the most important business partners of FANUC Ltd. and the recipient of several awards. It provides leading cost-saving automation solutions to its clients and is ISO 9001 certified.
Total Grinding Solutions Inc. is headquartered in Michigan, the United States and has more than 150 years of experience in designing and manufacturing centerless grinding machines. It integrates its cutting-edge technologies with product experience to manufacture low-cost CNC machines that enhance the productivity of centerless grinding machines, while improving output quality, increasing accuracy, and reducing set up time.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other centerless grinding market players include United Grinding Group AG, Erwin Junker Maschinenfabrik GmbH, DANOBAT S. Coop., Jainnher Machine Co., Ltd., Cincinnati Grinding Systems & Automation Group, Medical Manufacturing Technologies, LLC, and Royal Master Grinders, Inc., among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 7.20 Billion.
The market is estimated to grow at a CAGR of 8.50% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of around USD 16.28 Billion by 2034.
The market is being driven by the rapid expansion of the manufacturing sector and increased adoption of precision griding for manufacture of scientific equipment.
The key trends aiding the market expansion include technological innovations in the sector, increased demand for new surgical tools by the pharmaceutical sector, and rising utilisation of precision grinding.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant types of centerless grinding machines are precision centerless grinding machine and general purpose centerless grinding machine.
The key players in the market are United Grinding Group AG, Erwin Junker Maschinenfabrik GmbH, DANOBAT S. Coop., Fives SAS, Acme Manufacturing, Jainnher Machine Co., Ltd., Cincinnati Grinding Systems & Automation Group, Total Grinding Solutions Inc., Medical Manufacturing Technologies, LLC, and Royal Master Grinders, Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Machine Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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