Fuel Grinder Market Intelligence Report Offers Growth Prospects 2018-2027

Fuel Grinder: Introduction

Grinders are one of the main hand-held power tools used by tradesmen all over the world, owing to their versatility. They are used for cutting, grinding and prepping surfaces of metals for various operations. Traditionally, corded grinders were used for these applications but recent times have seen the emergence of fuel grinders or cordless grinders that use batteries as fuel. Fuel grinders are easy to operate and move as they are not restricted by the length of the cord. Fuel grinders are run by efficient and brushless motors, which offer longer working time and longer motor life, making them the preferred choice over corded grinders.

Fuel grinders are also easy to carry and operate in harsh conditions, given their wide variety of adaptive features, which make them the more preferred choice industry wide. The need for innovation and modernization across industries has seen a rise in the demand for fuel grinders in recent years.

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Fuel Grinder: Dynamics

Fuel grinders are powerful industrial power tools used across industries, usually for machining, cutting and shaping metal surfaces or equipment. Fuel grinders offer higher productivity and convenience of operation over cord grinders, which create high demand in the present market given the range of complex activities and the conditions they are used in.

They are used in various metallurgical, industrial and construction activities for cutting and shaping metal surfaces, metals, rods and other equipment and given the increased industrialization, the demand for fuel grinders is set to increase over the forecast period. The construction industry is set to create the highest demand for fuel grinders, given the increased activities in the construction industry all over the world, especially in growing economies.

One of the other factors driving the growth of the fuel grinders market is the lack of availability of power sources at activity sites. Fuel grinders also have an advantage over cord grinders as they have a better motor life and can perform better in harsh conditions. All these factors, coupled with growing urbanization and industrialization in growing economies, will contribute towards the growth of the fuel grinder market.

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Some traditional tradesmen still prefer the use of corded grinders given the familiarity and ease of use, which can restrict the growth of the fuel grinders market. But given their other advantages and the need for industry-wide innovation, the fuel grinder market is set to register hefty growth over the forecast period. 

Fuel Grinder Market: Regional Overview

Rapid industrialization and urbanization, especially across growing economies, is set to create huge demand for fuel grinders. Economies such as China and India in Asia-Pacific are expected to register high growth in the fuel grinder market over the forecast period. North America, being already modernized and technologically-advanced, occupies the highest market share and is expected to hold a large share over the forecast period.

With the construction boom and no significant growth in the construction sector in Japan, the fuel grinder market is not expected to register great demand in the region. Europe is pegged to exhibit moderate demand for the fuel grinder market. With recent investments in Africa, the region is showing slow progress in the construction and urbanization sector, which is expected to create significant demand for the fuel grinder market over the forecast period.

Brief Approach to Research

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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This release was published on openPR.