machine in 2017 and is estimated to lead the overall market in the years to come. The reason could be simple
to operate.
The market may be categorized based on end-users like residential sector, industrial, commercial sector, and
others that could be explored in the forecast period. Industrial sector accounted for the substantial market share
of floor grinding machine and is estimated to lead the overall market in the years to come. The reason behind
the overall market growth could be eco-friendly and cost-efficient and upsurges the toughness of the floor. In
addition, the commercial sector is estimated to grow at the fastest pace in the years to come.
Globally, Asia Pacific accounted for the significant market share of floor grinding machine and is estimated to
lead the overall market in the years to come. The reason behind the overall market growth could be the growing
manufacturers in this region, rapid urbanization, rising infrastructure renovation and construction, and the rising
demand from end-users.
The developing countries like China and India are the major consumers of floor grinding machine in this region.
North America and Europe are also estimated to have a positive influence on future growth. North America is
the second largest region with significant market share. However, Europe is estimated to grow at the highest
CAGR in the forecast period. The key players of floor grinding machine market are Xingyi Polishing, Bartell
Global, Shanghai Qiheng Machinery Co. Ltd., HTC Group, DK Holdings Ltd., National Flooring Equipment, Roll
GmbH, EDCO, Samich, Klindex, Achilli s.r.l., and ASL Machines. These players are concentrating on inorganic
growth to sustain themselves amidst fierce competition
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