South Korea Grinding Machinery Market to 2032
Overview
The South Korea Grinding Machinery Market is expected to reach a 219.66 USD Million by 2032 and is projected to grow at a CAGR of 3.46% from 2025 to 2032.
Revenue, 2024 (USD Million)
170.29
Forecast, 2032 (USD Million)
219.66
CAGR, 2024 - 2032
3.46%
Report Coverage
South Korea
South Korea Grinding Machinery Market 2018-2032 USD Million
South Korea Grinding Machinery Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 170.29 USD Million
- Projected Market Size (2032): 219.66 USD Million
- CAGR (2025-2032): 3.46%
Key Findings of South Korea Grinding Machinery Market
- The South Korea Grinding Machinery Market was valued at 170.29 USD Million in 2024.
- The South Korea Grinding Machinery Market is likely to grow at a CAGR of 3.46% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Offline in Distribution Channel Segment accounted for the largest share of the market with a revenue of 162.38 USD Million
- The fastest growing segment Automotive in Application Segment grew Fastest with a CAGR of 4.11% during the forecast period from 2024 to 2032.
South Korea Grinding Machinery Market Scope
South Korea Grinding Machinery Market Segmentation & Scope
Distribution Channel
- Online
- Offline
Application
- Others
- Shipbuilding
- Electrical & Electronics
- Aerospace & Defense
- Automotive
Type
- Other Grinding Machinery
- Tools & Cutter
- Gear
- Cylindrical
- Surface
South Korea Grinding Machinery Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 170.29 USD Million |
| Market Value in 2032 | 219.66 USD Million |
| CAGR (2025-2032) | 3.46% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 170.29 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 170.29 USD Million in 2024.
Segments and Scope
-
South Korea Grinding Machinery Market to 2032, By Distribution Channel
- Offline is the largest segment in South Korea Grinding Machinery Market to 2032 with a revenue of 162.38 USD Million in the year 2024.
- Offline is the Fastest growing segment in South Korea Grinding Machinery Market to 2032 with a Growth rate of 3.47 % in forecast period 2025-2032.
-
South Korea Grinding Machinery Market to 2032, By Application
- Automotive is the largest segment in South Korea Grinding Machinery Market to 2032 with a revenue of 52.38 USD Million in the year 2024.
- Automotive is the Fastest growing segment in South Korea Grinding Machinery Market to 2032 with a Growth rate of 4.11 % in forecast period 2025-2032.
-
South Korea Grinding Machinery Market to 2032, By Type
- Surface is the largest segment in South Korea Grinding Machinery Market to 2032 with a revenue of 59.64 USD Million in the year 2024.
- Surface is the Fastest growing segment in South Korea Grinding Machinery Market to 2032 with a Growth rate of 4.10 % in forecast period 2025-2032.
South Korea Grinding Machinery Market Company Share Analysis
| Company Name |
|
||
| AMADA MACHINERY CO., LTD. | |||
| Rieter | |||
| EMAG Systems GmbH | |||
| Gleason Corporation | |||
| Danobatgroup | |||
South Korea Grinding Machinery Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Grinding Machinery Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Grinding Machinery Market is segmented based on Segmentation Distribution Channel,Application,Type.
South Korea Grinding Machinery Market was valued at USD 170.29(Revenue in USD Million) in 2024.
South Korea Grinding Machinery Market is projected to grow at a CAGR of 3.46% during the forecast period of 2024 to 2032.
The Offline segment is expected to dominate the South Korea Grinding Machinery Market, holding a largest market share of 162.38 USD Million in 2024
South Korea Grinding Machinery Market Scope
South Korea Grinding Machinery Market Segmentation & Scope
Distribution Channel
- Online
- Offline
Application
- Others
- Shipbuilding
- Electrical & Electronics
- Aerospace & Defense
- Automotive
Type
- Other Grinding Machinery
- Tools & Cutter
- Gear
- Cylindrical
- Surface
Frequently Asked Questions
The South Korea Grinding Machinery Market is segmented based on Segmentation Distribution Channel,Application,Type.
South Korea Grinding Machinery Market was valued at USD 170.29(Revenue in USD Million) in 2024.
South Korea Grinding Machinery Market is projected to grow at a CAGR of 3.46% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Grinding Machinery Market for final year is USD 219.66 (USD Million).
South Korea Grinding Machinery Market Company Profiling
Frequently Asked Questions
The South Korea Grinding Machinery Market is segmented based on Segmentation Distribution Channel,Application,Type.
South Korea Grinding Machinery Market was valued at USD 170.29(Revenue in USD Million) in 2024.
South Korea Grinding Machinery Market is projected to grow at a CAGR of 3.46% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Grinding Machinery Market for final year is USD 219.66 (USD Million).
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