According to Arizton’s latest research report, the power saw & 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
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.
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.
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.
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
Husqvarna AB
Koki Holdings
Makita
Robert Bosch
Stanley Black & Decker
Techtronic Industries
Albert Knebel
Amada Machinery America
Atlas Copco
CHERVON
CMT Orange Tools
CUMI
Chengdu Yibai Technology
DoAll Saws
Delta Power Equipment
Einhell Germany AG
Emerson Electric
Freud
Forrest Manufacturing Company
FEIN
FELDER KG
Greenworks
Hangzhou Accurate International Co., Ltd.
Hilti
Ingersoll Rand
IBISE SAW CO., LIMITED
IRWIN Tools
KPT Industries
Karnasch Professional Tools
Kinkelder B.V.
Kasco
KANEFUSA CORPORATION
King Canada
Leitz
M.K. Morse Company
Metabowerke
McCulloch
Oregon Tool
Panasonic Industry Europe
Positec Group
PILANA Group
Ronix
STIHL
Simonds International
Triton Tools
TENRYU SAW MFG. CO., LTD
Zhejiang SALI Abrasive Technology
3M
Market Segmentation
Product
Saw Blade
Saw
Applications
Stone
Wood
Metal
Others
Distribution Channel
Offline
Online
Geography
North America
The US
Canada
Europe
Germany
France
The UK
Italy
Russia
Belgium
Spain
APAC
China
India
Japan
South Korea
Australia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
Saudi Africa
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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