Power Saw & Blade Market to Reach $34.09 Billion Revenue by 2029 - Online Sales Experience Rapid Growth - Arizton

According to Arizton's latest research report, the power saw & blade market [https://www.arizton.com/market-reports/power-saw-and-blade-market] is growing at a CAGR of 5.46% during 2023-2029.

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Report Summary

Market Size (2029): USD 34.09 Billion

Market Size (2023): USD 24.77 Billion

CAGR (2023-2029): 5.46%

Historic Year: 2020-2022

Base Year: 2023

Forecast Year: 2024-2029

Market Segmentation: Product, Applications, Distribution Channel, and Geography

Geographic Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa

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In 2023, the global power saw and blade market thrived due to rising home renovations driven by urbanization and increased population density. Saw blades led to revenue and were essential for cutting wood and materials in renovations and construction. The demand for power saws is bolstered by wood production and newer materials like tile, PVC, and drywall. Technological advancements, including laser-guided cutting, enhance efficiency and safety. APAC is the fastest-growing region, with China and India leading in revenue. Europe follows, while Latin America, North America, and MEA grow significantly. Offline channels remain dominant in revenue, but online sales are rapidly expanding.

Segmentation Analysis

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The power saw & blade market in 2023 highlights saw blades as the top revenue-generating product due to their enhanced performance and noise-reduction features. The metal application segment is rapidly expanding, driven by infrastructure demands. Online distribution channels are experiencing the highest growth due to convenience and competitive pricing.

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In 2023, saw blades led the global power saw & blade market due to their durability and technological advancements. The metal segment is the fastest-growing application, fueled by increased infrastructure and metalworking needs. Online distribution channels are growing rapidly, offering wider reach and convenience to consumers.

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The power saw & blade market's 2023 insights reveal saw blades as the primary revenue contributor, thanks to advancements and noise reduction benefits. Metal applications are booming due to rising infrastructure projects, while online sales channels are growing due to accessibility and efficiency.

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In 2023, the dominance of saw blades in power saw their durability and technological upgrades mark & blade market. Metal applications are the fastest-growing segment, driven by infrastructure expansion, and online distribution channels show the most significant growth due to their convenience and lower costs.

Vendor Activities in the Global Power Saw & Blade Market

In 2023, Zhejiang SALI Abrasive Technology launched the SALI cordless chain saw, with key features such as an adjustable blade from 1.2in/30mm to 0.6in/15mm for different cutting needs, a safety switch, equipped with SK5 high carbon steel blade, and others. Moreover, the organization has stringent adherence to the ISO9001 quality system, ensuring products consistently meet the highest standards. With MPA certification and compliance with EN12413 and EU safety regulations, the firm guarantees product offerings' safety and reliability. This commitment safeguards products and strengthens customer trust, driving sustainable growth and success in the industry.

In 2024, Hilti launched the SM 60-22 Miter Saw, with innovative features such as a compound 12" miter saw designed for precision cutting in wood, PVC, and aluminum, providing accuracy and reliability for various applications. Easily accessible controls across the entire saw make operation convenient, and a dark shadow cut line allows for quick and accurate cuts. The compact design features all-in-one front handle controls and a small footprint, eliminating the need for extra backspace and maximizing efficiency in tight workspaces.

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Key Company Profiles

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Husqvarna AB

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Koki Holdings

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Makita

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Robert Bosch

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Stanley Black & Decker

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Techtronic Industries

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Albert Knebel

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Amada Machinery America

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Atlas Copco

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CHERVON

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CMT Orange Tools

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CUMI

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Chengdu Yibai Technology

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DoAll Saws

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Delta Power Equipment

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Einhell Germany AG

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Emerson Electric

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Freud

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Forrest Manufacturing Company

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FEIN

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FELDER KG

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Greenworks

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Hangzhou Accurate International Co., Ltd.

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Hilti

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Ingersoll Rand

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IBISE SAW CO., LIMITED

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IRWIN Tools

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KPT Industries

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Karnasch Professional Tools

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KinkelderB.V.

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Kasco

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KANEFUSA CORPORATION

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King Canada

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Leitz

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M.K. Morse Company

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Metabowerke

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McCulloch

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Oregon Tool

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Panasonic Industry Europe

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Positec Group

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PILANA Group

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Ronix

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STIHL

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Simonds International

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Triton Tools

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TENRYU SAW MFG. CO., LTD

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Zhejiang SALI Abrasive Technology

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3M

Market Segmentation

Product

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Saw Blade

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Saw

Applications

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Stone

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Wood

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Metal

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Others

Distribution Channel

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Offline

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Online

Geography

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North America

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The US

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Canada

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Europe

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Germany

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France

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The UK

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Italy

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Russia

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Belgium

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Spain

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APAC

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China

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India

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Japan

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South Korea

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Australia

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Latin America

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Mexico

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Brazil

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Argentina

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Colombia

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Middle East & Africa

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Turkey

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Saudi Arabia

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Saudi Africa

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The UAE

Key Questions Answered in the Report:

How big is the global power saw & blade market?

What is the growth rate of the global power saw & blade market?

Which region dominates the global power saw & blade market share?

What are the significant trends in the power saw & blade market?

Who are the key players in the global power saw & blade market?

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