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Angle grinder Market Analysis

  • Report ID: GMI5937
  • Published Date: Apr 2024
  • Report Format: PDF

Angle grinder Market Analysis

Based on product type, the electric segment size exceeded USD 1.85 billion in 2023 which is expected to exceed USD 2.66 billion by 2032. Electric angle grinders are highly versatile tools that can be used for a wide range of tasks, including cutting, grinding, polishing, and sanding. Their versatility makes them indispensable in various industries such as construction, metalworking, and automotive. Additionally, electric angle grinders typically offer high levels of power and performance, allowing users to tackle tough materials and demanding applications with ease. They can generate high rotational speeds and torque, enabling efficient material removal and shaping. Modern electric angle grinders often come equipped with safety features such as blade guards, kickback reduction mechanisms, and ergonomic designs, enhancing user safety during operation. These safety features are crucial in preventing accidents and injuries.
 

Angle Grinder Market Revenue Share, By Application, 2023

Based on application, the metal processing segment accounted for about 34% share of angle grinder market in 2023 and is likely to capture 37% by 2032. Angle grinders can be used for various metal processing tasks, including cutting, grinding, polishing, and deburring. Their versatility makes them indispensable tools in metalworking workshops and construction sites. Angle grinders are known for their high rotational speeds, which enable quick material removal and efficient processing of metal surfaces. This speed and efficiency contribute to increased productivity in metalworking operations. In addition, angle grinders are relatively affordable compared to other power tools used in metalworking. Their affordability makes them accessible to a wide range of users, from DIY enthusiasts to professional tradespeople.
 

Asia Pacific Angle Grinder Market Size, 2021 - 2032 (USD Million)

Asia Pacific angle grinder market size exceeded USD 1.05 billion in 2023, due to the factors such as low labor costs, favorable government policies, and infrastructure development. This makes it a preferred location for angle grinder production, leading to a strong presence in the market. The Asia Pacific region has been experiencing rapid urbanization and industrialization, especially in countries like China and India. This has led to increased construction activities, infrastructure development, and manufacturing, driving the demand for angle grinders in applications such as metal fabrication, construction, and automotive industries. Thus, the construction industry in the Asia Pacific region is witnessing robust growth due to investments in infrastructure development, residential and commercial construction projects, and urban renewal initiatives. Angle grinders are essential tools in construction activities for tasks such as cutting, grinding, and polishing, thus contributing to their high demand in the region.
 

U.S. is likely to dominate in North America angle grinder market with a growing CAGR of 3.9% through 2032. The U.S. has a well-established manufacturing infrastructure, including advanced machinery and skilled labor, enabling efficient production of angle grinders. This infrastructure contributes to the competitiveness of U.S.-based angle grinder manufacturers in terms of quality and cost. The U.S. is a hub for technological innovation, and this extends to the tools and machinery industry. American companies often invest heavily in research and development, leading to the creation of cutting-edge angle grinder models that attract customers both domestically and internationally.
 

Germany is likely to dominate in Europe angle grinder market. Germany has strict standards and regulations governing the manufacturing and safety of industrial equipment. German angle grinder manufacturers adhere to these standards rigorously, ensuring that their products meet or exceed the necessary requirements for performance and safety. Germany has a strong reputation for producing high-quality industrial machinery and tools. This reputation has been built over decades of consistent delivery of reliable products that meet the needs of professionals and DIY enthusiasts alike.
 

China is likely to dominate in Asia pacific angle grinder market. Chinese manufacturers often offer angle grinders at lower prices compared to their counterparts in other APAC countries or regions. This cost advantage makes Chinese products more attractive to consumers and businesses alike, driving market dominance. The Chinese government has implemented various policies and initiatives to support the manufacturing sector, including subsidies, tax incentives, and infrastructure development. These measures encourage innovation, investment, and expansion within the angle grinder industry, strengthening China's position in the APAC market.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of angle grinder was registered USD 3.07 billion in 2023 and will record 3.8% CAGR from 2024 to 2032, fueled by increasing industrialization and construction projects in emerging economies, and the rising adoption of power tools for various applications.

Electric angle grinder market size was reached USD 1.85 billion in 2023 and could exceed USD 2.66 billion by 2032, owing to the growing focus on sustainability and environmental concerns, their convenience and compatibility, and advancements in electric motor technology.

Asia Pacific angle grinder market revenue to crosses USD 1.05 billion in 2023, due to availability of inexpensive labor, supportive governmental regulations, and advancements in infrastructure.

Angle grinder market comprises companies including Bosch, Bosun, Devon, Dongcheng Tools, Fein, Guoqiang Tools, Hilti, Hitachi, Ken Tools, Makita, Milwaukee Tool (TTI), Positec Machinery, Stanley Black & Decker, TTI, and Wurth among others.

Angle Grinder Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 212
  • Countries covered: 23
  • Pages: 181
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