Bench Grinder Market Growth, Size, Share, Trends, and Forecast 2032

Bench Grinder Industry Prospective:

The global bench grinder market size was worth around USD 26.99 billion in 2023 and is predicted to grow to around USD 36.15 billion by 2032 with a compound annual growth rate (CAGR) of roughly 3.30% between 2024 and 2032.

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Bench Grinder Market: Overview

Bench grinders are common equipment stationed in metal fabrication shops. A bench grinder is a type of grinding machine placed on a bench. It is used for hand grinding different types of cutting tools. The machine is highly versatile since it can also be used for performing other rough grinding activities. The highly powerful stationary tool has several applications including polishing, sharpening, and grinding thus making it widely popular among woodworkers, metalworkers, engineers, artists, and blacksmiths. The wheels of bench grinders are often made of aluminum oxide or silicon carbide. Bench grinders are made of fine and coarse grinding wheels mounted on the top of a spindle powered by a motor. The wheel rotates at extremely high speeds thus promoting high-precision performance. Bench grinders are used for performing delicate and coarse tasks. The most prominent application of bench grinders is in the form of sharpening and shaping metal tools such as chisels, knives, and drill bits. However, their application can also be extended to dust removal and smoothening of rough edges across metal surfaces. The cost-effectiveness of a bench grinder depends on the final intended application. The equipment is highly versatile which is also one of the key drivers for higher demand for bench grinders. During the forecast period, the growing launch of next-generation solutions is expected to contribute to the steady growth rate.

Key Insights:

• As per the analysis shared by our research analyst, the global bench grinder market is estimated to grow annually at a CAGR of around 3.30% over the forecast period (2024-2032)
• In terms of revenue, the global bench grinder market size was valued at around USD 26.99 billion in 2023 and is projected to reach USD 36.15 billion, by 2032.
• The market is projected to grow at a significant rate due to the increasing demand in the woodworking industry
• Based on the application, the construction segment is growing at a high rate and will continue to dominate the global market as per industry projection
• Based on the type, the corded segment is anticipated to command the largest market share
• Based on region, Europe is projected to dominate the global market during the forecast period

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Bench Grinder Market: Growth Drivers

Increasing demand in the woodworking industry will drive the market growth rate

The global bench grinder market is expected to witness high growth due to greater demand for the equipment in the growing woodworking industry. Bench grinders are used in wood processing activities for sharpening tools such as blades and chisels. They are also used for restoring the original sharpness of screwdrivers and polishing metal parts. The wood processing industry has been growing at a steady pace with the rising demand for wood-based items across residential and commercial centers. Wood products are used in industries such as construction, furniture, musical instruments, sporting items, packaging, and others. The demand for wood-based furniture items has soared in the last few years since these products have longer shelf life and are more aesthetically pleasing. In addition to this, the emerging sector of online sales of wood furniture has further helped the industry flourish. Furniture made out of solid wood can last decades and be passed down for generations. They provide good value for investment which is a key reason for the rise in the number of companies selling customized modern and contemporary wood furniture. In addition to this, wooden flooring is a crucial influencer of the higher bench grinders in the woodworking sector. Wooden flooring is considered healthier as compared to carpets or other forms of flooring. Wooden flooring does not trap dirt, dust, or pollen. They are easy to maintain, further leading to a growing rate of adoption in urban settings. 

Growing investments in the construction of transport-facilitating mediums may aid the industry’s growth trend

Nations worldwide are witnessing a steady rise in the investments directed toward the construction of roadways, railways, and waterways that facilitate the transportation of people and commodities from one location to another. The transport infrastructure development projects are expected to witness rapid growth during the forecast period as international partnerships for developing new trade and transport routes are growing at a faster pace. Such projects are likely to drive the demand in the global bench grinder market. In May 2024, Iran and India announced a 10-year collaboration for the development of a new trade route connecting India, Iran, and Afghanistan using the Chabahar Port. The new agreement is expected to be strategically important since it is expected to have a direct impact on the International North-South Transport Corridor (INSTC) project.

Bench Grinder Market: Restraints

Safety risks associated with the use of bench grinders could restrict the market adoption rate

The global industry for bench grinders is expected to be restricted due to the safety risks that are associated with the use of these equipment. Bench grinders must be safely placed and carefully mounted on workbenches to avoid mishaps or accidents. In addition to this, workers are required to wear the necessary safety kits including gloves, glasses, and ear gear. Certain bench grinders may also demand the use of lubrication or coolants to prevent overheating. Experts suggest that too much pressure on the equipment should be avoided to prevent premature wearing of the grinding wheels.

Bench Grinder Market: Opportunities

Surging launch of improved bench grinders may open new avenues for higher growth during the projection period

The global bench grinder market growth rate may further gain more momentum due to the increasing investments in the development of improved solutions that deliver exceptional precision and overall performance. In July 2023, Ferndale Safety, a leading solutions provider for machine safety, fabrication, and engineering, launched the ViziGuard bench grinder safety system. The product is the latest offering by the company and is designed to take bench grinder safety at higher levels thus reducing the risk of accidents. ViziGuard is made using an advanced electrical interlocking system which will allow higher safety during the grinding process. Furthermore, the tool is also equipped with shields protecting the worker from accidental wheel projections. In June 2023, Metabo, a significant provider of corded and cordless hand-held power tools, introduced 3 new corded versions of bench grinders called the DS 200 Plus, DS 150 Plus, and DS 150M. As per company claims, the Plus versions have professional-grade applications while DS 150 can be used in workshops. Manufacturers must focus on key aspects of bench grinders such as performance, safety, and versatility to attract more buyers.

Growth in the automotive industry to impact demand for bench grinders

The automotive industry is a leading consumer of bench grinders. These grinding tools are used for metal work or fabrication which is an important process during automobile production. As per official data, around 900 kilograms of steel is used in every car. Moreover, the automotive industry has been gaining traction due to the growing demand for electric vehicles (EVs) thus also impacting the global bench grinder market. Official data indicates that the emerging market of India registered a sale of 1.5 million EVs. Rising government support in the form of tax subsidies and increasing calls for sustainable automotive solutions will contribute to growth in the automotive sector.

Bench Grinder Market: Challenges

Market’s high competitiveness to challenge its market growth rate

The global bench grinder industry is expected to be challenged by the presence of several players and products in the commercial industry. All bench grinders typically offer the same set of functions and features thus making it difficult to distinguish between the products. Moreover, the cost of high-end bench grinders may also limit the market’s adoption rate.

Bench Grinder Market: Segmentation

The global bench grinder market is segmented based on application, type, and region.

Based on the application, the global market segments are construction and general manufacturing. In 2023, the highest growth was observed in the construction segment. The global building & construction industry is witnessing massive investments. The infrastructure development projects have escalated in the last decade driven by changing geopolitical circumstances and greater investments to tap the potential of emerging economies. In March 2024, India’s Adani Group announced an investment of INR 30,000 crore to be used for the improvements in airport terminals. The investments will be used in the next 5 years.

Based on the type, the global industry divisions are corded and cordless. In 2023, the highest growth was registered in the corded segment. These variants obtain energy directly from electrical outlets thus maintaining a constant supply of electricity. Additionally, corded bench grinders can be used for heavy-duty applications and deliver extended use. Corded grinders are readily available and high-end variants can cost over USD 240.

Bench Grinder Market Scope

Bench Grinder Market: Regional Analysis

Europe will deliver the most optimal results during the projection period

The global bench grinder market is expected to witness the highest growth in Europe. Several influential equipment makers are headquartered in Europe. These companies continue to operate at international scale. The rising investments in global expansion and reaching a broader group of consumers will benefit Europe’s growth trajectory. Germany is a leading exporter of high precision tools and devices used across metal fabrication and wood working industries. In addition to this, the growing demand for bench grinders in the regional automotive industry will drive the market growth in Europe. In April 2024, India and the European Union (EU) announced the launch of an Expression of Interest through which the regions will provide necessary support to new companies focusing on Battery Recycling Technologies made of electric vehicles. In January 2024, Volvo Car Corporation signed a new deal for a loan from the European Investment Bank (EIB). Through this agreement, Volvo has obtained a loan of €420 million which it will use to convert all its cars to electric versions by the end of 2030.

Asia-Pacific has high demand for bench grinders. Countries such as South Korea, India, China, and Japan will fuel the regional market demand. India, for instance, is upgrading its infrastructure and there has been a surge in investments for development of new construction projects. China, on the other hand, is the leading EV producer and a dominant region in the global automotive industry. The growing rate of bench grinder innovation will also fuel higher growth in Asia-Pacific.

Bench Grinder Market: Competitive Analysis

The global bench grinder market is led by players like:

• Makita
• DeWalt
• Sunex
• Ironton
• Rikon
• Metabo
• Central Machinery
• WEN
• Craftsman
• Ryobi
• Baldor
• SKIL
• Jet
• Porter-Cable
• Delta.

The global bench grinder market is segmented as follows:

By Application

• Construction
• General Manufacturing

By Type

• Corded
• Cordless

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa