The concrete saw market study analyzes the industry's reach, revenue potential, and growth trajectory while tracking current regional trends. It also provides a qualitative assessment based on various factors, including the immediate impact on economic implications, sector size, emerging opportunities, regulatory frameworks, and strategies adopted by key players. The report features a company profile section, highlighting a company overview, key executives, product/service offerings, operational business segments, business performance, R&D investments, and significant strategic initiatives and developments.
The study incorporates Porter’s Five Forces model and a PESTEL analysis to assess the industry's competitive landscape. It also identifies key investment opportunities for stakeholders to implement within the sector. These analytical frameworks are evaluated based on their CAGR and relative market share. A report published by Allied Market Research indicates that the concrete saw market is predicted to generate $1.1 billion with a noteworthy CAGR of 4.8% by 2032.
Top players covered in the report
Norton Clipper (Saint-Gobain Abrasives)
Makita Corporation
Husqvarna AB
TYROLIT Group
Bosch Power Tools
Dewalt (Stanley Black and Decker Inc.)
Milwaukee Tool(Techtronic Industries Co. Ltd.)
Hilti Corp
Wacker Neuson SE
Andreas Stihl AG and Co KG
Trend analysis
Trend analysis in the report consolidates data from various sources, enabling businesses to make decisions based on empirical evidence rather than intuition. This reduces the risk associated with new product launches or marketing campaigns. Some of the recent trends in the concrete saw industry are:
Transition to Electric and Battery-Powered Saws: The industry is witnessing a significant move toward electric and battery-operated concrete saws, driven by their lower emissions, quieter operation, and enhanced portability compared to traditional gas-powered counterparts. This trend aligns with global sustainability objectives and regulatory demands for eco-friendly construction practices.
Rising Demand for Precision Cutting: The demand for accurate cutting has surged as construction designs become more intricate. Advanced concrete saws featuring laser guides and enhanced depth control have become essential for achieving accuracy and reducing material waste.
Emerging Technologies: The adoption of IoT and automation in concrete saws is revolutionizing operational efficiency and enabling data-driven decision-making in construction projects. Features such as telematics for monitoring usage and scheduling maintenance are increasingly prevalent, enhancing productivity and equipment management.
Sectoral developments
Husqvarna introduced the K1 PACE cutter, a high-power battery-operated tool for heavy-duty tasks, in June 2021. This was the first product to feature the new PACE battery system. The K1 PACE provides performance and power comparable to petrol-powered cutters while offering the advantages of battery-operated equipment for the environment and operators.
In January 2022, Makita launched a range of new XGT products across various trades and applications, including concrete, outdoor power equipment, lighting, and fastening. These releases are part of Makita's expanding XGT system, which takes in 40V and 80V max cordless tools and equipment.
In summary, the AMR report offers an in-depth analysis of the concrete saw industry, providing detailed insights into the strategies employed by multinational companies in this sector. It also includes interviews with key stakeholders and market participants, offering valuable perspectives that help new entrants better understand the sector's evolving landscape.