Germany leads the global export market for numerically controlled grinding machines, capturing 29.1% of the share, followed by Japan (22.1%) and Switzerland (17.37%). Recent trends highlight modest growth from Germany (0.47%) and Japan (1.11%), while Switzerland faces a slight decline (-0.32%). Notable growth was observed in Austria (7.03%) and New Zealand (85.67%). Mainstream markets such as the United States and United Kingdom report declines, reflecting challenges in these regions.
Looking ahead, expect continued advancements in automation technology to drive demand, with Asia-Pacific markets showing potential for growth due to economic advancement and industrial expansion.
Top countries in Export of Numerically Controlled Grinding Machines Not Surface Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.1 | 2023 | +0.93% | +0.47% | View data |
| 2 | 2 Japan | 22.1 | 2023 | +2.26% | +1.11% | View data |
| 3 | 3 Switzerland | 17.37 | 2023 | +1.5% | -0.32% | View data |
| 4 | 4 Czech Republic | 13.03 | 2023 | +1.88% | -2.87% | View data |
| 5 | 5 Italy | 3.88 | 2023 | -3.93% | -4.83% | View data |
| 6 | 6 United States | 2.59 | 2023 | -1.03% | -0.87% | View data |
| 7 | 7 United Kingdom | 1.55 | 2023 | -5.21% | -7.58% | View data |
| 8 | 8 Spain | 1.22 | 2023 | -0.9% | +1.99% | View data |
| 9 | 9 China | 1.22 | 2023 | +2.06% | +3.72% | View data |
| 10 | 10 South Korea | 0.84 | 2023 | +2.63% | +1.63% | View data |
