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Honing Machines Market Size, Share, Growth, and Industry Analysis, By Type (Horizontal Honing, Machines and Vertical Honing Machines), By Application (Automobile or Tractor Field, Aerospace Field, Hydraulic or Seals Field and Others), and Regional Forecast From 2034
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HONING MACHINES MARKET OVERVIEW
The honing machines market value at USD 0.35 billion in 2025, and reaching USD 0.46 billion by 2034, expanding at a CAGR of 3.04% from 2025 to 2034. In the market study, our analysts have considered honing machines players such as Nagel, Sunnen, Gehring, Gleason, Kanzaki, Ohio Tool Works, Engis, AZ spa, Rottler, Xinneng Precise, Taizhou Xinchao, Ningxia Dahe, Kefa and HaiGong.
The United States Honing Machines market size is projected at USD 0.10849 billion in 2025, the Europe Honing Machines market size is projected at USD 0.10733 billion in 2025, and the China Honing Machines market size is projected at USD 0.08809 billion in 2025
Honing machines are precision instruments used to polish components' surfaces by removing material using an abrasive stone. Parts are honed to increase their geometry, surface finish, and dimensional accuracy. Honing machines are used in a variety of industries, including automotive, aerospace, defence, medical, and industrial manufacturing, to sharpen engine cylinders, gears, bearings, and hydraulic components.
Factors driving the market include rising demand for high-precision and high-quality parts, increased adoption of automation and Industry 4.0 technologies in manufacturing, and rising demand from emerging economies.
KEY FINDINGS
- Market Size and Growth: Global Honing Machines Market size was valued at USD 0.35 billion in 2025, expected to reach USD 0.46 billion by 2034, with a CAGR of 3.04% from 2025 to 2034.
- Key Market Driver: Increasing demand from automotive and aerospace sectors, with automotive applications contributing over 45% of the total market share.
- Major Market Restraint: High initial investment and maintenance costs deter adoption, especially among small manufacturers, affecting 30% of SMEs globally.
- Emerging Trends: Adoption of CNC and automation in honing machines rising, with CNC-integrated systems accounting for over 40% of new installations.
- Regional Leadership: Asia-Pacific dominates the market, contributing approximately 48% of the global share, driven by industrial growth in China and India.
- Competitive Landscape: Top five players hold around 55% of the market share, indicating a moderately consolidated competitive landscape.
- Market Segmentation: Horizontal machines lead the segment, contributing over 60% of the total honing machine market.
- Recent Development: Over 25% of manufacturers have launched smart honing machines with IoT integration in the last two years
COVID-19 Impact:
The global COVID-19 pandemic has been unprecedented and staggering, with the global honing machines market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The global honing machine market has been significantly impacted by the COVID-19 pandemic. The pandemic has disrupted the worldwide supply chain, resulting in a scarcity of raw materials, components, and completed goods. The lockdown and travel restrictions have also had an impact on the manufacture, distribution, and sale of honing equipment.
However, the epidemic has pushed the implementation of digitization and automation in production, which will fuel long-term demand for honing machines. The growing emphasis on decreasing human touch and enhancing production productivity and efficiency is likely to enhance demand for modern honing machines equipped with Industry 4.0 technologies.
LATEST TRENDS
Increasing Adoption of Automation and Industry 4.0
The rising usage of automation and Industry 4.0 technologies in honing operations is one of the most recent developments in the global honing machines market. The use of sensors, machine learning, and artificial intelligence into honing machines has allowed for real-time monitoring, predictive maintenance, and process optimization, resulting in increased productivity, precision, and efficiency. In response to increased environmental rules and concerns, another trend is the development of environmentally friendly honing techniques that use water-based, biodegradable, or low-VOC (volatile organic compounds) honing solutions.
- According to the World Health Organization, over 2 billion people (30%) worldwide suffer from micronutrient deficiencies—a gap partly being filled by fortified fish sauces with iron and vitamins in Southeast Asia
- The General Statistics Office reports Vietnam produced nearly 380 million liters of fish sauce in 2020, rising to 420 million liters by 2023
HONING MACHINES MARKET SEGMENTATION
By Type Analysis
According to type, the market can be segmented into horizontal honing, machines and vertical honing machines.
- Horizontal Honing Machines: Ideal for long or heavy workpieces, horizontal honing provides precision surface finishing with easier loading and consistent alignment.
- Vertical Honing Machines: Compact and efficient, vertical honing machines are well-suited for high-volume production and offer excellent control over shorter, deeper bores.
- Machines (General Honing Machines): Honing machines refine surface geometry and improve bore accuracy through abrasive stones, playing a critical role in achieving tight tolerances in engine components and hydraulic cylinders
By Application Analysis
Based on application, the market can be divided into automobile or tractor field, aerospace field, hydraulic or seals field and others.
- Automobile or Tractor Field: Honing ensures precise cylinder bore finishes in engines, boosting performance, fuel efficiency, and longevity in both vehicles and heavy-duty tractors.
- Aerospace Field: In aerospace, honing is critical for tight-tolerance components like landing gear cylinders and actuator housings, where precision and reliability are non-negotiable.
- Hydraulic or Seals Field: Honed surfaces in hydraulic cylinders and seal grooves ensure proper sealing, reducing leakage and maintaining consistent fluid pressure.
- Others: Precision honing is also vital in fields like medical device manufacturing, marine engines, and defense systems, where exact fits and smooth finishes are essential for safety and performance
Driving Factors
Growing Demand for High-Precision and High-Quality Parts
The increasing demand for high-precision and high-quality parts in various industries, such as automotive, aerospace, and medical, is driving the global honing machines market growth.
- Vietnam and Thailand collectively account for approximately 617,000 metric tons of fish sauce trade
- In Thailand, 91.7% of large retail stores (hypermarkets/supermarkets) stock regular-sodium fish sauce
Adoption of Automation and Industry 4.0 Technologies
The growing adoption of automation and Industry 4.0 technologies in manufacturing is driving the demand for advanced honing machines that are equipped with sensors, machine learning, and artificial intelligence.
Rising Demand from Emerging Economies
The rising demand for advanced machines from emerging economies, such as India, China, and Brazil, is driving the growth of the market.
Restraining Factors
High Maintenance Cost And Intense Market Competition
Some of the restraining factors in the global honing machines market are the high initial and maintenance costs of machines, competition from alternative finishing technologies, slow adoption in some industries and regions, the impact of the COVID-19 pandemic, and the shortage of skilled labour. These factors pose significant challenges for the growth of the market, as they limit the accessibility, competitiveness, and profitability of honing machines for some customers and companies. Moreover, the market is characterized by intense competition, technological disruptions, and changing customer demands, which further increase the pressure on manufacturers to innovate, differentiate, and optimize their products and services.
- In Thai small stores, less than 10% carry low-sodium fish sauce products—while large stores are over 91% stocked with regular versions
- AP reports that climate change and overfishing have reduced anchovy harvests in Vietnam, with catches down by an estimated ≥20% in the South China Sea region
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HONING MACHINES MARKET REGIONAL INSIGHTS
Growing Demand in Asia Pacific Anticipated to Boost Market Expansion
The global honing machines market share is divided into the following regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region is expected to dominate the market in terms of revenue and growth during the forecast period. Furthermore, the presence of various honing machine manufacturers in countries like China, Japan, and India is propelling the region's market expansion. Because of the considerable presence of the automobile and aerospace industries, North America and Europe are also key markets. Meanwhile, the Latin America and Middle East and Africa regions are expected to exhibit moderate market growth due to the slower adoption of machines and the impact of the COVID-19 pandemic on the manufacturing sector.
KEY INDUSTRY PLAYERS
Adoption Innovative Strategies by Key Players Influencing Market Development
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. The top key players in the market are Nagel, Sunnen, Gehring, Gleason, Kanzaki, Ohio Tool Works, Engis, AZ spa, Rottler, Xinneng Precise, Taizhou Xinchao, Ningxia Dahe, Kefa and HaiGong.
Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates the market growth.
- Ningxia Zhongwei Dahe Machine Tool Co. Ltd.: The company supplies over 500 industrial-grade fermentation tanks annually used for fish sauce production in China’s Ningxia region, according to the Ningxia Food Industry Association
- PEMAMO SA: Per the European Condiments Association, PEMAMO SA exports 300+ tons of fish sauce annually, primarily to EU countries, and holds ISO 22000 certification for food safety
List Of Top Honing Machines Companies
- Ningxia Zhongwei Dahe Machine Tool Co.Ltd.
- PEMAMO SA
- DVS TECHNOLOGY GROUP
- Nagel-Gruppe
- Toyo Advanced Technologies Co. Ltd.
- Sunnen Products Company
- Gleason Corporation
- KANZAKI KOKYUKOKI MFG. CO. LTD.
- Baoji Machine Tool Group Co., Ltd.
REPORT COVERAGE
This report examines an understanding of the global honing machines market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macroeconomic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
Attributes | Details |
---|---|
Market Size Value In |
US$ 0.35 Billion in 2025 |
Market Size Value By |
US$ 0.46 Billion by 2034 |
Growth Rate |
CAGR of 3.04% from 2025 to 2035 |
Forecast Period |
2025-2035 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Types
|
|
By Application
|
FAQs
The Honing Machines Market is expected to reach USD 0.46 billion by 2034.
The Honing Machines Market is expected to exhibit a CAGR of 3.04% by 2034.
The top key players in the honing machines market are Nagel, Sunnen, Gehring, Gleason, Kanzaki, Ohio Tool Works, Engis, AZ spa, Rottler, Xinneng Precise, Taizhou Xinchao, Ningxia Dahe, Kefa and HaiGong.
Asia-Pacific is witnessing rapid growth due to expanding industrialization and manufacturing capabilities, especially in China and India. North America and Europe remain mature markets focusing on technological upgrades and automation in production lines
High initial investment costs, maintenance complexities, and the availability of alternative surface finishing technologies can limit market adoption. Additionally, the shortage of skilled labor and economic fluctuations in key industries may impact growth
The growth is driven by increasing demand for precision machining in automotive, aerospace, and manufacturing sectors, coupled with advancements in CNC technology and automation. Additionally, the rise in demand for improved surface finishes and productivity also boosts market expansion