Thailand Grinding Machines Market (2025-2031) | Trends, Revenue, Value, Size, Industry, Share, Outlook, Companies, Analysis, Forecast & Growth

Thailand Grinding Machines Market Highlights

Report Name	Thailand Grinding Machines Market
Forecast Period	2025-2031
Market Size	USD  385 Million by 2031
CAGR	6.3%
Growing Sector	Automotive

Topics Covered in the Thailand Grinding Machines Market Report

The Thailand Grinding Machines market report thoroughly covers the market by product type, by application and by control type. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Grinding Machines Market Size & Analysis

In 2025, the Thailand Grinding Machines market is valued at approximately $ 255 million, with a projected compound annual growth rate (CAGR) of 6.3% over the next five years. Additionally, by 2031, the market is expected to reach around $ 385 million. The automotive sector holds significant position in the overall market.

Thailand Grinding Machines Market Synopsis

The grinding machines market in Thailand is experiencing steady growth, fueled by the country’s strong manufacturing sector, which serves key industries such as automotive, aerospace, electronics, and metalworking. As Thailand becomes an increasingly important manufacturing hub in Southeast Asia, there is a growing demand for advanced grinding technologies, including CNC and automated systems, to meet the need for precision components with tight tolerances. The automotive sector, in particular, is driving demand for grinding machines to produce critical parts such as engine components, transmission systems, and shafts. Additionally, Thailand’s push for Industry 4.0 adoption and the modernization of manufacturing processes is further contributing to the demand for high-efficiency grinding machines. While challenges such as supply chain disruptions and reliance on imported technologies remain, the market is expected to continue its growth as industries focus on improving production capabilities and adopting more advanced manufacturing solutions.

According to 6Wresearch, Thailand Grinding Machines market size is projected to grow at a CAGR of 6.3% during 2025-2031. The growth of the grinding machines market in Thailand is primarily driven by the robust expansion of the country’s manufacturing sector, particularly in industries such as automotive, aerospace, and electronics, which require high-precision components. The rise in demand for high-quality, finely finished parts in automotive applications, such as engine components, transmission systems, and shafts, is significantly boosting the need for advanced grinding machines. Additionally, the increasing adoption of CNC and automated grinding technologies is optimizing production efficiency and precision, further contributing to market growth. Thailand’s push for Industry 4.0 and smart manufacturing technologies, including IoT and real-time monitoring systems, is also driving the demand for more sophisticated grinding machines. However, challenges remain, including Thailand’s reliance on imported grinding machines and components, which can lead to higher costs and supply chain vulnerabilities. Economic fluctuations, trade barriers, and competition from other regional manufacturing hubs may also pose risks. Furthermore, while the automotive sector is growing, the initial capital investment required for advanced grinding technologies may be a barrier for some smaller manufacturers, limiting their ability to fully capitalize on these innovations.

Thailand Grinding Machines Market Trends

Adoption of CNC and Automation - Increased demand for CNC and automated grinding machines to improve precision, reduce human error, and enhance overall production efficiency.

Smart Manufacturing Integration - Integration of Industry 4.0 technologies, such as IoT and real-time monitoring, to optimize grinding processes and enable predictive maintenance.

Automotive Industry Growth - Rising demand for grinding machines in the automotive sector to manufacture critical components like engine parts, transmission systems, and shafts.

Energy-Efficient Solutions - Focus on developing energy-efficient grinding machines to lower operational costs and meet sustainability goals.

Custom Grinding Solutions - Growing demand for customized grinding machines to meet the specific needs of industries like aerospace and automotive.

Investment Opportunities in the Thailand Grinding Machines Market

CNC and Automated Grinding Machines - Investment in advanced CNC and automated grinding technologies to meet the growing demand for precision and efficiency in manufacturing processes.

Energy-Efficient Technologies - Opportunities to develop and invest in energy-efficient grinding machines that reduce operating costs and support sustainability initiatives.

Smart Manufacturing Solutions - Investment in IoT-enabled grinding machines and smart technologies to enhance production efficiency, provide real-time data, and enable predictive maintenance.

Automotive Sector Expansion - Capitalizing on the increasing demand for grinding machines in the automotive sector, particularly for high-precision components like engine parts, gears, and shafts.

Key Players in the Thailand Grinding Machines Market

Key companies in the Thailand grinding machines market include both global and local players. International brands such as Okuma Corporation, Körber AG (United Grinding Group), and Amada Machine Tools provide advanced CNC and automated grinding solutions that cater to the growing demand for precision and high-quality components in sectors like automotive, aerospace, and electronics. Local companies, such as Thai Machinery & Tools Co., Ltd. and Siam Machine Tools, also contribute to the market by offering specialized grinding machines and services tailored to the regional needs of manufacturers. Additionally, some of these players hold majority of the Thailand Grinding Machines market share. Moreover, these companies play a significant role in the continued growth of Thailand’s manufacturing sector by providing cutting-edge technology, aftermarket services, and customized solutions to meet industry-specific demands.

Government Regulations in the Thailand Grinding Machines Market

In Thailand, government regulations related to grinding machines focus on safety, environmental compliance, and industrial efficiency. The Thai Industrial Standards Institute (TISI) sets national standards for machinery, including grinding machines, ensuring they meet safety and performance criteria. The Department of Industrial Works (DIW) oversees industrial safety and enforces regulations to prevent workplace accidents, requiring companies to implement safety protocols when operating grinding machines. Environmental regulations enforced by the Ministry of Industry and the Ministry of Natural Resources and Environment require manufacturers to adopt eco-friendly practices, such as waste management and emissions reduction, to minimize environmental impact.

Further, these initiatives have further boosted the Thailand Grinding Machines market revenues. Furthermore, the Thai government promotes the adoption of advanced manufacturing technologies under initiatives like Thailand 4.0, which aims to modernize industries and enhance productivity while adhering to international standards of quality and sustainability. These regulations help create a safe, efficient, and sustainable manufacturing environment while supporting the growth of the grinding machines market.

Future Insights of the Thailand Grinding Machines Market

The future of the grinding machines market in Thailand looks promising, driven by the continued growth of key industries such as automotive, aerospace, electronics, and manufacturing. As the country focuses on advancing its industrial capabilities under the Thailand 4.0 initiative, the demand for high-precision grinding machines, particularly CNC and automated systems, is expected to rise. The automotive sector will be a significant contributor, with increasing demand for critical components like engine parts and transmission systems. The integration of smart manufacturing technologies, such as IoT and real-time monitoring, will enhance operational efficiency, leading to greater adoption of advanced grinding machines. Moreover, sustainability will become a focal point, with manufacturers seeking energy-efficient and environmentally friendly solutions.

Cylindrical Category to Dominate the Market - By Product Type

According to Ravi Bhandari, Research Head, 6Wresearch, the cylindrical grinding machines category in Thailand is expected to experience steady growth, driven by increasing demand from industries that require high-precision cylindrical components such as shafts, bearings, and engine parts. As the automotive, aerospace, and manufacturing sectors continue to expand, the need for cylindrical grinding machines to achieve tight tolerances and smooth finishes will rise. These machines are essential for producing components used in high-performance applications, making them critical to industries that prioritize quality and precision. With technological advancements in automation and CNC systems, cylindrical grinding machines are becoming more efficient, further boosting their adoption across industries.

Automotive to Dominate the Market – By Application

The automotive application of grinding machines in Thailand is set to grow significantly, driven by the expansion of the automotive sector and the increasing demand for high-precision components. As Thailand strengthens its position as a manufacturing hub for automotive parts, the need for advanced grinding machines to produce critical components such as engine parts, gears, transmission systems, and shafts will rise. The growing focus on improving vehicle performance and quality standards will further accelerate the demand for grinding machines capable of achieving tight tolerances and superior surface finishes.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year - 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand Grinding Machines Market Overview
• Thailand Grinding Machines Market Outlook
• Market Size of Thailand Grinding Machines Market, 2024
• Forecast of Thailand Grinding Machines Market, 2031
• Historical Data and Forecast of Thailand Grinding Machines Revenues & Volume for the Period 2021-2031
• Thailand Grinding Machines Market Trend Evolution
• Thailand Grinding Machines Market Drivers and Challenges
• Thailand Grinding Machines Price Trends
• Thailand Grinding Machines Porter's Five Forces
• Thailand Grinding Machines Industry Life Cycle
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Product Types for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Cylindrical for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Surface for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Gear for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Tool & Cutter for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Others for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Aerospace & Defense for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Automotive for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Electrical & Electronics for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Consumer goods for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Machine tools & Parts for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Control Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By Conventional for the Period 2021-2031
• Historical Data and Forecast of Thailand Grinding Machines Market Revenues & Volume, By CNC for the Period 2021-2031
• Thailand Grinding Machines - Import Export Trade Statistics
• Market Opportunity Assessment, By Type
• Market Opportunity Assessment, By End-User Industry
• Thailand Grinding Machines Market - Top Companies Market Share
• Thailand Grinding Machines Market - Competitive Benchmarking, By Technical and Operational Parameters
• Thailand Grinding Machines Market - Company Profiles
• Thailand Grinding Machines Market - Key Strategic Recommendations

Markets Covered

The Thailand Grinding Machines market report provides a detailed analysis of the following market segments -

By Product Type

• Cylindrical
• Surface
• Gear
• Tool & Cutter
• Others

By Application

• Aerospace & Defense
• Automotive
• Electrical & Electronics
• Consumer Goods
• Machine Tools & Parts

By Control Type

• Conventional
• CNC