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Global Saw Blades Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Saw Blades Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-20 28
," the global saw blades market size reached US$ 15.2 Billion in 2022.
Saw blades are replaceable cutting components of various hand, portable, and stationary power tools. Some common types of saw blades include circular, band, straight, and chain saw blades. They are designed with toothed edges and varying tooth configurations to facilitate smooth and clean cutting action and obtain the desired cut without damaging the workpiece.
They are widely used to cut and modify the shape of rigid materials, such as marble, granite, wood, metal, stone, and concrete. They are coated with titanium, zirconium, or chrome coatings made through physical vapor deposition to improve the tooth durability, performance, and quality of the cut piece. As a result, saw blades find extensive applications across numerous industrial sectors, including furniture, automotive, mining, and construction.
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The escalating demand for saw blades from the furniture manufacturing industry represents the primary factor driving the market growth. This can be attributed to the shifting consumer inclination toward luxury interiors and furniture, which has augmented the demand for high-quality saw blades that can cut through intricate designs and add a premium finish to the products. Besides this, the rising construction and renovation activities due to the expanding urban population, elevating living standards, and inflating consumer expenditure capacities is another major growth-inducing factor. Furthermore, there has been a significant rise in the use of power saws across the automotive sector for cutting metal or rubber parts to shape the vehicle’s engine body, wheels, door seams, and seat frames. Along with this, the increasing sales of fuel-efficient cars and electric vehicles (EVs) have propelled market growth. Additionally, the leading manufacturers are developing innovative saws with longer operational life and blades with precise cuts to minimize wear and tear. In line with this, several product innovations, such as the launch of automatic table saws embedded with monitors and sensors to prevent accidents and improve workers’ safety, have propelled the market growth.
Looking forward, IMARC Group expects the market to reach US$ 19.0 Billion by 2028, exhibiting at a CAGR of 4% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/saw-blades-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Product Type:
• Circular Saw
• Band Saw
• Chain Saw
• Hand Saw
• Others
Breakup by Application:
• Wood Cutting
• Metal Cutting
• Stone Cutting
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• AKE Knebel GmbH & Co. KG
• DoAll Company
• Freud America Inc
• Kinkelder B.V
• Ledermann GmbH & Co. KG
• Leuco Tool Corporation
• The M K Morse Company
• Pilana Knives A.S
• Simonds International L.L.C. (BGR Saws Inc.)
• Stanley Black & Decker Inc
1. What was the size of the global saw blades market in 2022?
2. What is the expected growth rate of the global saw blades market during 2023-2028?
3. What are the key factors driving the global saw blades market?
4. What has been the impact of COVID-19 on the global saw blades market?
5. What is the breakup of the global saw blades market based on the product type?
6. What are the key regions in the global saw blades market?
7. Who are the key players/companies in the global saw blades market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/saw-blades-market/toc
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