Global Die Grinder Market 2016-2020

Published: Feb 2016 Pages: 63 SKU: IRTNTR8724

The key findings from our die grinder market forecast report are summarized below

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Global Die Grinder Industry Outlook

Die grinders are handheld power tools that are used for grinding, sanding, honing, polishing, or machining materials like metal, plastic, or wood. The increasing application of die grinders in the metal fabrication industry and the automotive industry will result in this market’s steady growth during the forecast period. In the metal fabrication industry, die grinders help in the removal of unwanted and unfinished parts. Fabricated metal products find usage in end-user industries such as construction and machinery. In the automotive industry, straight die grinders and right angle die grinders are widely utilized for the production of automobiles and electric vehicles. The recent growth of the automobile industry will, in turn, spur the prospects for growth in the global die grinders market, which is estimated to post an impressive market growth rate of almost 7% by 2020.

Technavio’s market research analyst has estimated factors like the augmented demand for electronics and electrical appliances to foster market growth during the forecast period. Electronics and electrical appliances use metal casings for protection from external shocks. The process by which these metal casings are manufactured requires processing activities such as cutting, bending, welding, forming, and machining. Consequently, it can be estimated that a rise in the demand for electronics and electrical products will boost the demand for die grinders until 2020.

Die grinder market segmentation by end-user 

  • Metalworks
  • Automobile

In this market research, analysts have estimated the metal works segment to be the largest market segment during the forecast period. At present, the metal works sector dominates this market and is envisaged to further enhance its hold over the market until 2020 owing to the rising utilization of die grinders for fabrication, forging, and vacuum treatment processes. Furthermore, the ability of die grinders to aid in the production of metal castings will result in its impressive market share of more than 44% by 2020.

Die grinder market segmentation by geography

  • APAC
  • Europe
  • North America
  • ROW

Geographically, the APAC region is anticipated to account for the largest market share during the forecast period. The relocation of automobile manufacturers to low-cost labour countries like Indonesia, Vietnam, and India to reduce market response time and transportation costs will aid in the growth of this market during the forecast period. Comprehensive market analysis carried out by the analysts at Technavio has shown that the market for die grinders in APAC will exhibit an impressive CAGR of around 8% during the predicted period.

 

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Competitive landscape and key vendors

The global die grinder market is intensely competitive due to the presence of numerous large players that account for a major part of the overall market share. In the developed countries, the level of competition is tougher due to the presence of many multinational vendors. However, in emerging countries such as China and India, the local players play a major role in fostering market growth. The local players have an advantage over global players in terms of pricing and supply chains.

The report offers a detailed analysis of several leading companies, including:

  • Atlas
  • Bosch
  • Danaher
  • Hitachi Koki
  • Makita

Other prominent vendors analyzed in this market research are Apex Tool Group, Milwaukee Tool, Dewalt, Walter Surface Technologies, Grainger (MRO distributor), Ken Power Tools, Kulkarni Power Tools, Ingersoll Rand, C. & E. Fein, and 3M.

Key highlights of the global die grinder market for the forecast years 2016-2020:

  • CAGR of the market during the forecast period 2016-2020
  • Detailed information on factors that will accelerate the growth of the die grinder market during the next five years
  • Precise estimation of the global die grinder market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • Growth of the die grinder industry across various geographies such as the APAC, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of die grinder companies

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Supply chain of power tools manufacturing

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by end-user

  • Global die grinder market in metal works industry
  • Global die grinder market in automotive industry

PART 07: Geographical segmentation

  • Die grinder market in APAC
  • Die grinder market in North America
  • Die grinder market in Europe

PART 08: Market drivers

  • Growing demand for fabricated metal products
  • Increased demand for electronics and electrical appliances
  • Rise in demand for HVAC systems

PART 09: Impact of drivers

PART 10: Market challenges

  • Slowdown of Chinese economy
  • High after-purchase cost
  • Fluctuation in raw material prices
  • Growing price war and threat from local vendors

PART 11: Impact of drivers and challenges

PART 12: Market trends

  • Replacement of Ni-Cd batteries with Li-ion batteries
  • Shift from corded to cordless die grinders

PART 13: Vendor landscape

  • Competitive landscape
  • Other prominent vendors

PART 14: Key vendor analysis

  • Atlas Copco
  • Danaher
  • Hitachi Koki
  • Makita
  • Bosch

PART 15: Appendix

  • List of abbreviations

PART 16: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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