Press release
Diamond Hole Saw Market Projected to Witness a Single-Digit CAGR During 2018 to 2026(On the basis of product type, diamond hole saw market can be further segmented: Mini Hole Saw Multipurpose Hole Saw )
Diamond hole saw is a type of power cutting tool which is used for drilling circular holes in various applications such as glass, cement board, and ceramic tiles, among others. Diamond hole saw is available in different type of sizes according to respective end use applications. Diamond hole saws have different type of cutting edges such as vacuum brazed, electroplated, among others. Diamond hole saw are made up of tough alloy body in order to affording extend durability and high quality finishing. Diamond hole saw has proper segmented edges that provides smooth grab free cutting at low and high speed. Two types of diamond hole saw are available mini diamond hole saw and multipurpose diamond hole saw. Mini purpose diamond hole saw are used for hard porcelain and ceramic tile, stone and glass whereas multipurpose diamond hole saw are used in hard and abrasive materials such as hard porcelain and ceramic tile, stone, slate, cement board, plastic, fiberglass, brick and Blocks.
Diamond Hole Saw Market: Market Dynamics
Diamond hole saws are widely used in construction industry for drilling circular holes in different applications as these saws reduce the man power and time, which positively affect the growth of diamond hole saw market. Globally, the residential construction industry has been witnessing a period of relatively strong growth, consequently fuelling the demand for power and hand tools. This factor is expected to drive the growth of the diamond hole saw market over the assessment period. Improving economic conditions and rapid urbanization in emerging markets leads to the growth of the said market. Moreover, growing demand for consumer electronics with added functionality, higher performance and lesser operating time, is estimated to propel the demand for power tools which in turn accelerate the growth of diamond hole saw market.
Incessant competition between tool manufacturers is inhibiting growth of the diamond hole saw market to a large extent. Moreover, evidence that imported steel prices are falling, and falling unfairly, can be witnessed from the declining imports and rapid growth in the number of unfair trade complaints filed in the U.S. during 2014, this factor is expected to adversely affect the growth of diamond hole saw market.
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Diamond Hole Saw Market: Segmentation
Diamond Hole Saw market can be segmented by product type, by edge type, by end use and by sales channel:-
On the basis of product type, diamond hole saw market can be further segmented:
Mini Hole Saw
Multipurpose Hole Saw
On the basis of edge type, diamond hole saw market can be further segmented:
Vacuum Brazed
Electroplated
Sintered
On the basis of end use, diamond hole saw market can be further segmented:
Industrial
Commercial
Residential
On the basis of Sales Channel, Diamond Hole Saw market can be further segmented:
Online
Offline
Diamond Hole Saw Market: Regional Overview
Diamond hole saw market is expected to grow with relatively high growth rate in the developing economies of the world. In Asia Pacific, countries such as India and China are growing significant growth rate, owing to rapid growth in industrial & commercial sector. Moreover, in developed economy of Asia Pacific such as Japan, diamond hole saw market is estimated to grow, owing to the demand for high end products. Increased demand for high quality products and growing demand for power cutting tools in the end use industries in the developed regions such as North America and Western Europe are expected to boost the growth of diamond hole saw market. In Middle East & Africa, construction industry is growing with healthy growth rate which indirectly affect the growth of diamond hole saw market over the forecast period. Other regions such as Eastern Europe and Latin America are anticipated to the growth of diamond hole saw market at moderate CAGR over the forecast period.
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Diamond Hole Saw Market: Market Participants
Examples of some of the market participants identified across the value chain of the global Diamond Hole Saw market includes:
Lenox (Stanley Black & Decker)
Bosch Limited
The L.S. Starrett Company
C4carbides
Archer USA
Milwaukee
DEWALT
Ostar Tools Co., Ltd.
HOLESAWMFG
Karnasch
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.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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