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Oct 16, 2019 5:00 PM ET

Global Floor Grinding Machine Sales Increased From 31675 Units In 2013 To 37135 Units In 2017

iCrowd Newswire - Oct 16, 2019

Global Info Research offers a latest published report on Floor Grinding Machine Market Analysis and Forecast 2019-2024 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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Floor grinding machine, or floor grinder, is a purpose-built machine that are used for grinding and polishing marble, granite, concrete and any other kind of floor. Machines that grind concrete floors are usually made to handle much more stress and will have more power to drive the unit as concrete has a much higher sliding friction than marble or granite which is also worked wet, therefore with less friction. In fact some types of marble will spark when it is ground dry, causing deep damage to the marble surface.


First, for industry structure analysis, the Floor Grinding Machine industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 30 % of the revenue market. Regionally, Asia-Pacific is the biggest revenue area, also the leader in the whole Floor Grinding Machine industry.


Second, the sales of Floor Grinding Machine increased from 31675 units in 2013 to 37135 units in 2017 with an average growth rate of 4.06%.


Third, Asia-Pacific occupied the largest sales market share with 43.11% in 2017. It is followed by North America and Europe, which respectively accounted for 28.10% and 20.17% of the global sales market in 2017. Other countries have a smaller amount of sales.


Fourth, for price trend analysis, a key variable in the performance of Floor Grinding Machine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.


Fifth, for forecast, the global Floor Grinding Machine revenue would keep increasing with annual growth rate with 2~4%. We tend to believe that this industry still has a good future, considering the current demand of Floor Grinding Machine.

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Keywords:    Floor Grinding Machine market revenue

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