Market movement
In 2024, machine-tools: cylindrical grinding machines (excluding flat-surface and centreless), numerically controlled trade exhibited strong growth, with global flows reaching $944,678,891 and a three-year compound annual growth rate of +11.1% (five-year: +0.6%). The all-time peak of $1,123,122,502 was recorded in 2012; the current level is 16% below that high-water mark.
Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+11.4% acceleration).
