Saw Blades Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR45071
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The saw blades market has the potential to grow by USD 700.46 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.89%.

This saw blades market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (stone cutting saw blades, circular saw blades, band saw blades, chain saw blades, and others) and geography (Europe, APAC, North America, MEA, and South America). The saw blades market report also offers information on several market vendors, including AKE Knebel GmbH & Co. KG, AMADA Co. Ltd., Freud America Inc., Illinois Tool Works Inc., Ingersoll Rand Inc, LEUCO AG, Makita USA Inc., Pilana Metal Sro, Snap-on Inc., and Stanley Black and Decker Inc. among others.

What will the Saw Blades Market Size be in 2021?

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Saw Blades Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased demand for automobiles is notably driving the saw blades market growth, although factors such as lack of product differentiation may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the saw blades industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • The increasing demand for automobiles will stimulate growth in the saw blades market.
  • The automotive industry extensively utilizes saw blades for cutting metals or rubber and shaping the vehicle, engine body, and wheels.
  • During the metal cutting stage, saw blades are used to shape door beams, seat frames, side sills, suspension arms, and other parts to a specific dimension.
  • The demand for fuel-efficient and technologically advanced cars equipped with more safety features is increasing across the globe due to the rising disposable income and the change in consumer lifestyle. These developments in the automotive sector will create a demand for manufacturing equipment such as saw blades.
  • One of the key trends that will gain traction in the saw blades market during the forecast period is the growing demand for furniture.
  • The furniture manufacturing industry extensively depends on saw blades to cut and shape the wood.
  • The growing demand for fancy interiors will create a demand for furniture, which in turn, will drive the adoption of power tools such as saw blades.
  • The purchase volume of saw blades for table saws will further increase in the coming years due to the rising construction activities of new houses and remodeling of houses.

This saw blades market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Saw Blades Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AKE Knebel GmbH & Co. KG
  • AMADA Co. Ltd.
  • Freud America Inc.
  • Illinois Tool Works Inc.
  • Ingersoll Rand Inc
  • LEUCO AG
  • Makita USA Inc.
  • Pilana Metal Sro
  • Snap-on Inc.
  • Stanley Black and Decker Inc.

 

This statistical study of the saw blades market encompasses successful business strategies deployed by the key vendors. The saw blades market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The saw blades market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Saw Blades Market?

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40% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for saw blades in Europe. Market growth in this region will be faster than the growth of the market in South America.

The increasing construction activities will facilitate the saw blades market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Saw Blades Market?

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The saw blades market share growth by the stone-cutting saw blades segment will be significant during the forecast period. Stone-cutting saw blades are the ones that are used for the cutting and shaping of thick materials like granite, marble, sandstone, concrete, ceramic tiles, glass, and hard stone. These materials are commonly used in the construction industry. The increased demand for commercial and residential construction is creating demand for stone-cutting saw blades. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the saw blades market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Saw Blades Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive saw blades market growth during the next five years
  • Precise estimation of the saw blades market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the saw blades industry across Europe, APAC, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of saw blades market vendors

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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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT 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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The saw blades market growth will increase by $735.35 million during 2019-2024.
The saw blades market is expected to grow at a CAGR of 5.04% during 2019-2024.
Technavio has segmented the saw blades market by product (Stone cutting saw blades, Circular saw blades, Band saw blades, Chain saw blades, and Others) and geographic (Europe, APAC, North America, MEA, and South America).
AKE Knebel GmbH & Co. KG, AMADA HOLDINGS Co. Ltd., Freud America Inc., Illinois Tool Works Inc., Ingersoll Rand Inc., LEUCO AG, Makita Corp., Pilana Metal Sro, Snap-on Inc., Stanley Black & Decker Inc. are a few of the key vendors in the saw blades market.
Europe will register the highest growth rate of 40.23% among the other regions. Therefore, the saw blades market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the saw blades market growth are:
  • Increased demand of residential construction
The saw blades market vendors should focus on grabbing business opportunities from the stone cutting saw blades segment as it accounted for the largest market share in the base year.
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