Latin America Grinding Machinery Market Size & Outlook
The grinding machinery market in Latin America is expected to reach a projected revenue of US$ 538.6 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America grinding machinery market from 2025 to 2030.
- Machinery & Manufacturing
- Machinery & Equipment
- Grinding Machinery Market Outlook
- Machinery & Equipment
Revenue, 2024 (US$M)
$405.7
Forecast, 2030 (US$M)
$538.6
CAGR, 2025 - 2030
4.9%
Report Coverage
Latin America
Global Market
Related Markets
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Latin America grinding machinery market highlights
- The Latin America grinding machinery market generated a revenue of USD 405.7 million in 2024.
- The market is expected to grow at a CAGR of 4.9% from 2025 to 2030.
- In terms of segment, precision grinder was the largest revenue generating type in 2024.
- Non-Precision Grinder is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 405.7 million |
| Market revenue in 2030 | USD 538.6 million |
| Growth rate | 4.9% (CAGR from 2025 to 2030) |
| Largest segment | Precision grinder |
| Fastest growing segment | Non-Precision Grinder |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Precision Grinder, Precision Grinder |
| Key market players worldwide | AMADA Co Ltd, DANOBAT, Korber AG, Fives Group, Saurer, Murata Machinery, Trutzschler Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.8% of the global grinding machinery market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 538.6 million by 2030.
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Publish Date: Feb 28, 2025
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Grinding Machinery Market Scope
Grinding Machinery Market segmentation & scope
Others
Grinding Machinery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitsubishi Heavy Industries Ltd | View profile | 86,331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | www.mhi.com |
| AMADA Co Ltd | View profile | 8,958 | 200, Ishida, Kanagawa Prefecture, Isehara, Japan, 259-1196 | www.amada.co.jp |
| Korber AG | View profile | 10001+ | Hamburg, Hamburg, Germany, Europe | www.koerber.com/en/ |
| Fives Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | www.fivesgroup.com/ |
| Toyota Kirloskar Motor Pvt Ltd | View profile | 5001-10000 | Bangalore, Karnataka, India, Asia | www.toyotabharat.com |
| DANOBAT | View profile | 501-1000 | Elgóibar, Pais Vasco, Spain, Europe | www.danobat.com |
| Saurer | View profile | 1001-5000 | Wattwil, Sankt Gallen, Switzerland, Europe | saurer.com |
| Murata Machinery | View profile | 501-1000 | Kyoto, Kyoto, Japan, Asia | muratec.net/ |
| Trutzschler Group | View profile | 1001-5000 | Mönchengladbach, Nordrhein-Westfalen, Germany, Europe | www.truetzschler.com |
| Rieter | View profile | 1001-5000 | Spartanburg, South Carolina, United States, North America | www.rieter.com/ |
Latin America Grinding Machinery Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Grinding Machinery Market Outlook will help companies and investors design strategic landscapes.
Precision Grinder was the largest segment with a revenue share of 69.68% in 2024.
Horizon Databook has segmented the Latin America grinding machinery market based on non-precision grinder, precision grinder covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Grinding Machinery Market Type Outlook (Revenue, USD Million , 2018-2030)
- Non-Precision Grinder
- Precision Grinder
- Latin America Grinding Machinery Market Application Outlook (Revenue, USD Million , 2018-2030)
- Automotive
- Medical
- Construction
- Industrial Manufacturing
- Electrical and Electronics
- Marine Industry
- Others
- Aerospace
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Grinding Machinery Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Grinding Machinery Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Grinding Machinery Market, 2018-2030 (US$M)
Latin America grinding machinery market statistics, by type, 2018-2030 (US$M)
