Global Saw Blades Market to Reach US$ 18.3 Billion by 2027 at 4.2% CAGR - Report By IMARC Group

The latest research study "Saw Blades Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group offers a comprehensive analysis of the industry, which comprises insights on the global saw blades market

Is the global saw blades market good for investment or future trends?

The saw blades market is expected to exhibit a CAGR of 4.2% during 2022-2027.

What is the saw blades market?

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.

Impact of Covid-19: 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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What is the drivers of change in trends for the global saw blades market: 

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.

Global Saw Blades Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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.) and Stanley Black & Decker Inc.

The report has segmented the market on the basis of region, product type and application.

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: (United States, Canada)
Asia Pacific: (China,Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization

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