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The global grinding machinery market is expected to grow from $6.05 billion in 2021 to $6.47 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The grinding machinery market is expected to grow to $8.57 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%

Grinding Machinery Global Market Report 2022: Ever-Increasing Rise in Industrial Automation Driving Sector Growth - ResearchAndMarkets.com

The "Grinding Machinery Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering

By AP News
Published - Oct 17, 2022, 07:03 AM ET
Last Updated - Jun 26, 2024, 11:44 PM EDT

DUBLIN--(BUSINESS WIRE)--Oct 17, 2022--

The "Grinding Machinery Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global grinding machinery market is expected to grow from $6.05 billion in 2021 to $6.47 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The grinding machinery market is expected to grow to $8.57 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%.

The grinding machinery market consists of the sales of grinding machinery products by entities (organizations, sole traders, and partnerships) that are used for grinding work pieces and delivering highly accurate products. It refers to a type of tool that removes the rough surface of a workpiece by using a rotating abrasive wheel. Wheel, wheel head, base, saddle, table, headstock, tail stock, and cross feed are some of the parts present in a grinding machine.

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