China's grinding machine industry in 2025: industrial chain, market size, supply and demand structure and market competition pattern
The growing demand for high precision and high surface quality in industries such as aerospace, 3C consumer electronics, medical and humanoid robots is expected to increase the share of precision grinders in the sub-categories. Driven by downstream application areas, the global grinding machine industry market size is generally on the rise. In 2023, the global grinding machine industry market size is about US$5.7 billion, and it is expected to be about US$8.9 billion in 2032.
In the fourth industrial revolution represented by artificial intelligence, my country has introduced a number of policies to promote the development of the humanoid robot industry. In the development of emerging fields, the output and demand of China's grinding machine industry have shown a stable development trend. At the same time, the transformation and upgrading of the equipment manufacturing industry represented by intelligent manufacturing and the rapid development of strategic emerging industries have brought good development opportunities for the future development of the grinding machine industry. In 2023, the output of China's grinding machine industry will be about 68,700 units and the demand will be about 64,000 units.
Competitors in China's CNC grinding machine market can be roughly divided into three levels: the first level is internationally renowned manufacturers with leading technology, such as Germany's Emma, the United States' Lemate, Japan's Mitsui Seiki, etc.; the second level is domestic mid-to-high-end companies with core competitiveness, such as Qinchuan Machine Tool, Huachen Equipment, Yuhuan CNC and other national specialized and innovative "little giant" grinding machine companies; the third level is a large number of low-end companies, which have neither formed a large business scale nor lack representative technologies in subdivided fields, and their products are highly homogenized.
