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

Vietnam Grinding Machines Market Highlights

Report Name	Vietnam Grinding Machines Market
Forecast Period	2025-2031
Market Size	USD 300 Million by 2031
CAGR	7.4%
Growing Sector	Automotive

Topics Covered in the Vietnam Grinding Machines Market Report

The Vietnam 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.

Vietnam Grinding Machines Market Size & Analysis

In 2025, the Vietnam Grinding Machines market is valued at approximately $ 110 million, with a projected compound annual growth rate (CAGR) of 7.4% over the next five years. Additionally, by 2031, the market is expected to reach around $ 300 million. The automotive sector holds significant position in the overall market.

Vietnam Grinding Machines Market Synopsis

The Vietnam grinding machines market is experiencing steady growth, fueled by the country's expanding manufacturing sector, particularly in industries like automotive, electronics, and metalworking. As Vietnam positions itself as a manufacturing hub in Southeast Asia, demand for high-precision grinding machines is increasing to meet the needs of both domestic production and export markets. The adoption of advanced technologies, including CNC grinding and automation, is enhancing productivity and precision, which is crucial for producing components with tight tolerances and superior surface finishes. Additionally, Vietnam's focus on improving infrastructure and fostering industrialization through government initiatives is creating a favorable environment for the growth of the grinding machines market. As industries look to modernize and improve efficiency, the demand for sophisticated grinding solutions is expected to rise, positioning the market for continued expansion in the coming years.

According to 6Wresearch, Vietnam Grinding Machines market size is projected to grow at a CAGR of 7.4% during 2025-2031. The growth of the Vietnam grinding machines market is primarily driven by the country’s rapid industrialization, rising manufacturing output, and increasing demand for high-precision components across sectors such as automotive, electronics, and construction. Government initiatives, including favorable tax policies, subsidies, and infrastructure development, are enhancing the growth environment for manufacturing and, consequently, for grinding machine adoption.

Additionally, the shift toward automation, advanced CNC technology, and energy-efficient solutions is pushing the market forward by improving productivity, precision, and sustainability in production processes. However, the Vietnam Grinding Machines industry faces challenges such as lack of skilled labor to operate sophisticated machinery, high initial investment costs, and the dependence on imported components, which can lead to supply chain vulnerabilities. Additionally, the competitive pressure from low-cost regional players and the potential volatility of the global economy can hinder consistent market growth. Despite these hurdles, the increasing push for modernization and the rising demand for high-quality, precise products offer strong growth potential for the grinding machines market in Vietnam.

Vietnam Grinding Machines Market Trends

• Adoption of Automation and CNC Technology - Growing use of CNC and automated grinding machines to enhance precision, efficiency, and reduce manual intervention.
• Energy-Efficient Solutions - Increasing demand for grinding machines that reduce energy consumption and adhere to environmental sustainability standards.
• Growth in Manufacturing and Industrial Sectors - Expansion of Vietnam’s manufacturing base, especially in automotive, electronics, and metalworking industries, driving demand for advanced grinding solutions.
• Customization of Grinding Machines - Rising demand for specialized and customized grinding machines tailored to meet specific industry requirements.
• Integration of IoT and Smart Technologies - Incorporation of IoT and Industry 4.0 technologies to enable real-time monitoring, predictive maintenance, and process optimization in grinding operations.

Investment Opportunities in the Vietnam Grinding Machines Market

• Advanced CNC and Automated Grinding Machines - Investment in the development and manufacturing of high-tech, automated, and CNC-based grinding solutions to meet the growing demand for precision and efficiency.
• Energy-Efficient Grinding Solutions - Capitalizing on the demand for energy-saving and eco-friendly grinding machines to align with environmental regulations and sustainability goals.
• Industry-Specific Customization - Investing in the creation of specialized grinding machines for industries such as automotive, electronics, and aerospace, which require customized solutions for complex components.
• Smart Manufacturing Integration - Expanding investments in IoT-enabled grinding machines that integrate with Industry 4.0 for real-time data analytics, predictive maintenance, and improved operational efficiency.

Key Players in the Vietnam Grinding Machines Market

Key companies in the Vietnam grinding machines market include prominent global and local players that are driving innovation and meeting the increasing demand for advanced machining solutions. Leading international brands such as Amada Machine Tools Co., Ltd., Okuma Corporation, and Körber AG (United Grinding Group) are significant contributors, offering high-precision CNC and automated grinding technologies. Additionally, local players like HNC Group and VTC Group are making strides in providing tailored solutions for various industries, particularly in automotive and electronics manufacturing.

Additionally, some of these players hold majority of the Vietnam Grinding Machines market share. Moreover, these companies are focusing on enhancing product offerings with smart technologies, energy-efficient systems, and customizable solutions, while strengthening their presence through strategic partnerships and local manufacturing facilities to cater to the growing demand in the Vietnamese market.

Government Regulations in the Vietnam Grinding Machines Market

The Government regulations in the Vietnam grinding machines market primarily focus on ensuring safety, environmental protection, and industrial standards. The Ministry of Industry and Trade oversees policies that promote manufacturing efficiency and technological innovation, while the Vietnam Ministry of Natural Resources and Environment enforces regulations related to reducing environmental impact, including guidelines for waste disposal, emissions, and energy consumption in manufacturing processes. Further, these initiatives have further boosted the Vietnam Grinding Machines market revenues.

Furthermore, occupational Safety and Health Administration (OSHA)-inspired regulations govern the safe operation of grinding machines, ensuring worker safety in industrial environments. With a growing emphasis on sustainability, the Vietnamese government is encouraging the adoption of energy-efficient and eco-friendly technologies in industrial machinery. Compliance with international quality standards, such as ISO certifications, is also becoming increasingly important for companies competing in the global market. These regulations aim to foster a safer, more sustainable, and competitive environment for the growth of the grinding machines industry.

Future Insights of the Vietnam Grinding Machines Market

The future of the Vietnam grinding machines market looks promising, with continued growth driven by industrial expansion, technological advancements, and increasing demand for high-precision components. As the country continues to attract foreign investment and strengthen its manufacturing sector, there will be a rising need for advanced grinding technologies, particularly in sectors like automotive, electronics, and aerospace.

The adoption of automation, AI, and smart manufacturing technologies will revolutionize grinding processes, improving efficiency, precision, and sustainability. Moreover, the emphasis on environmental sustainability and energy-efficient machines will shape the market, as manufacturers seek solutions that comply with global standards. As Vietnam progresses towards becoming a key manufacturing hub in Southeast Asia, the demand for both locally produced and imported grinding machines is expected to rise, creating significant opportunities for innovation and investment in the coming years.

Cylindrical Category to Dominate the Market - By Product Type

According to Ravi Bhandari, Research Head, 6Wresearch, the cylindrical grinding machines category in Vietnam is witnessing strong growth, driven by the increasing demand for high-precision cylindrical components used in industries such as automotive, aerospace, and manufacturing. These machines are essential for producing parts with tight tolerances and smooth surface finishes, which are critical in sectors requiring high levels of accuracy, such as engine components, shafts, and bearings. As Vietnam's industrial base expands, particularly in the automotive and heavy machinery sectors, the need for cylindrical grinding machines capable of meeting advanced production standards is rising. The integration of CNC technology and automation is further enhancing the capabilities of cylindrical grinding machines, improving production efficiency and reducing human error.

Automotive to Dominate the Market – By Application

The automotive application of grinding machines in Vietnam is experiencing significant growth, fueled by the country’s expanding automotive manufacturing sector and the increasing demand for high-precision components. As both domestic and international automotive manufacturers set up or expand production facilities in Vietnam, there is a rising need for advanced grinding technologies to produce critical parts such as engine components, transmission systems, and braking systems. The shift toward electric vehicles (EVs) is also contributing to the demand for grinding machines capable of producing lightweight, durable, and efficient components. Additionally, the adoption of automation and CNC grinding technologies is helping improve production efficiency, precision, and cost-effectiveness in the automotive industry.

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:

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

Markets Covered

The Vietnam 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