Global and Japan Honing Machines Market Insights, Forecast to 2027

Honing is an abrasive machining process that produces a precision surface on a metal workpiece by scrubbing an abrasive stone against it along a controlled path. Honing is primarily used to improve the geometric form of a surface, but may also improve the surface texture
Global Honing Machines key players include Nagel, Sunnen, Gehring, Gleason, etc. Global top four manufacturers hold a share about 35%.
China is the largest market, with a share about 30%, followed by Europe, and North America, both have a share about 45 percent.
In terms of product, Horizontal Honing Machines is the largest segment, with a share over 85%. And in terms of application, the largest application is Automobile or tractor field, followed by Aerospace field, Hydraulic or seals field, etc.

Market Analysis and Insights: Global and Japan Honing Machines Market
This report focuses on global and Japan Honing Machines market.
In 2020, the global Honing Machines market size was US$ 301 million and it is expected to reach US$ 368.4 million by the end of 2027, with a CAGR of 3.0% during 2021-2027. In Japan the Honing Machines market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Honing Machines Scope and Market Size
Honing Machines market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Honing Machines market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Honing Machines market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
Horizontal Honing Machines
Vertical Honing Machines

Segment by Application
Automobile or Tractor Field
Aerospace Field
Hydraulic or Seals Field
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Nagel
Sunnen
Gehring
Gleason
Kanzaki
Ohio Tool Works
Engis
AZ spa
Rottler
Xinneng Precise
Taizhou Xinchao
Ningxia Dahe
Kefa
HaiGong