Global Angle Grinder Market Professional Research Report 2014-2026, Segmented by Players, Types, End-Users in Major 40 Countries or Regions
Angle Grinder Introduction
An angle grinder is a tool that uses high-speed rotating thin grinding wheels and rubber wheels to grind, cut, clean, polish metal, wood and stone.
Scope of Angle Grinder Market
This report studies the Angle Grinder market from the perspectives of enterprises, regions, product types and terminal industries, and forecasts the market through the analysis of the status quo. In this study, 2018 has been considered as the base year and 2019 to 2026 as the forecast period to estimate the market size for Angle Grinder.
The global Angle Grinder market size is valued at USD 242 million in 2019 and is projected to reach USD 335 million by 2026, witnessing a CAGR of 4.74% throughout the forecast period.
The downstream industries of angle grinder products are metal processing, wood processing and construction. In recent years, with the recovery of the global economy and the development of emerging countries, the benefits of construction will be obvious. In the foreseeable future, the angle grinder products will show an optimistic upward trend.
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Growth Factors
Increasing awareness among consumers in developing economies is paving the way for DIY tools in numerous applications, such as non-vehicular products and services, which is a factor driving the growth of the angle grinder market. The promotion of cordless tools equipped with high-capacity lithium-ion batteries and the continued recovery of housing investment have led to a significant increase in sales of angle grinders. Technological developments such as the development of rechargeable electric tools featuring small, light and high-capacity lithium-ion batteries are also projected to spur the angle grinder market growth over the forecast period.
On the other hand, the volatile and unstable market in developing region has direct widespread implications on manufacturing companies. Moreover, the rise in the cost of raw materials used for angle grinders directly affects the operational costs of the manufacturing process, which is the primary concern of manufacturers. These factors may act as roadblocks to the growth of the market.
Key participants
Key global participants in the Angle Grinder market include Bosch, Stanley Black & Decker, Makita, TTI, Hitachi, Hilti, Wurth, Fein, Dongcheng Tools, Positec Machinery, Devon, Ken Tools, Guoqiang Tools, Boda, Bosun, and etc.
Geographical Perspective
In 2018, the global angle grinder market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe, with the production market share of 31.51%, 29.14% and 25.10% respectively, accounting for a total of 85.75%. The Asia-Pacific is predicted to have major market in the global angle grinder market due to growing industrialization and urbanization in some major countries. Growing building and construction activities in ASEAN, India and China further boost the demand for angle grinder in Asia-Pacific region.
North America is also a major market for angle grinder owing to high adoption of such tools in the U.S. and Canada. Sales in North America grew as business conditions in the U.S., including housing investment, finally began to recover from the last few years. European countries including Germany, Spain, France, and the U.K. are projected to have high growth in the global angle grinder market on account of high production facilities in these countries. Moreover, Latin America and the Middle East are expected to show moderate growth in the global angle grinder market over the forecast period.
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Type Synopsis
On the basis of type, the market comprises of 4-1/2, 5 & 6'' Grinders, 7-9'' Grinders, and Other.
Application Synopsis
The Angle Grinder Market by application are Metal Processing, Wood Processing, Construction, and Other.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Angle Grinder Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Angle Grinder Market by Types
4 Segmentation of Angle Grinder Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Angle Grinder Market in Major Countries
7 North America Angle Grinder Landscape Analysis
8 Europe Angle Grinder Landscape Analysis
9 Asia Pacific Angle Grinder Landscape Analysis
10 Latin America, Middle East & Africa Angle Grinder Landscape Analysis
11 Major Players Profile
11.1 Bosch
11.1.1 Bosch Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Stanley Black & Decker
11.3 Makita
11.4 TTI
11.5 Hitachi
11.6 Hilti
11.7 Wurth
11.8 Fein
11.9 Dongcheng Tools
11.10 Positec Machinery
11.11 Devon
11.12 Ken Tools
11.13 Guoqiang Tools
11.14 Boda
11.15 Bosun
…
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Target Audience:
Angle Grinder manufacturers
Distributors and resellers of Angle Grinder
Angle Grinder industry associations
Angle Grinder key stakeholders
Product managers, Angle Grinder industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
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