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Concrete Saws Market Analysis

  • Report ID: GMI12277
  • Published Date: Nov 2024
  • Report Format: PDF

Concrete Saws Market Analysis

Nevertheless, the high cost of advanced concrete saws, particularly those with specialized features like diamond blades or dust control systems, presents a substantial barrier. This financial challenge is especially acute for smaller contractors and businesses, limiting their adoption. Additionally, operating these advanced saws requires skilled labour, and there is a shortage of trained operators in many regions, particularly in developing countries. Regular maintenance is crucial for heavy-duty concrete saws to maintain optimal performance, adding to operational expenses. Furthermore, cutting blades wear out quickly and need frequent replacement. In urban and densely populated areas, manufacturers and operators face increased challenges due to stringent environmental regulations regarding emissions, dust control, and noise pollution.

 

Based on product type, the handheld saws segment was reached USD 298.8 million in 2023 and is estimated to grow at a CAGR of around 5.2% from 2024 to 2032.
 

The global handheld concrete saws market constitutes a specialized segment within the expansive concrete cutting industry, characterized by unique growth drivers. These versatile tools are predominantly employed for precise, small-scale cutting tasks such as plumbing, electrical installations, and road repairs, where portability and ease of use are paramount. Handheld concrete saws are proficient in cutting concrete as well as materials like asphalt, brick, and stone. They play a crucial role in home renovation projects, effectively cutting through concrete floors, walls, and sidewalks.
 

The rise in urban home improvement activities has significantly bolstered the demand for these tools. Homeowners and small contractors favor handheld models due to their user-friendliness for minor tasks compared to larger walk-behind saws. The imperative to renovate or repair aging infrastructure, including roads, bridges, and tunnels, has heightened the demand for precise cutting equipment. Handheld saws are particularly preferred for maintenance tasks and creating openings for pipes, ducts, and electrical wiring.
 

Global Concrete Saws Market Revenue Share, By Power Source, (2023)

 Based on the power source, the electric segment held around 40% of the market share in 2023 and is anticipated to grow at a CAGR of 5.2% during 2024 to 2032.  A primary driver of the electric concrete saws market is the global push to minimize environmental impact. Governments and regulatory bodies are enforcing stricter emissions standards, prompting the construction and industrial sectors to shift from fossil-fuel-powered equipment to electric alternatives. Gasoline-powered saws emit carbon, contributing to air pollution and climate change. As countries adopt more stringent air quality standards, the demand for electric concrete saws, which produce zero direct emissions, is increasing. These electric saws provide a more sustainable option, aligning with international sustainability goals and reducing the environmental footprint of construction operations.
 

With the growing adoption of green building standards and environmental certifications such as LEED and BREEAM, the construction industry is increasingly selecting tools and equipment that meet these eco-friendly criteria. Electric concrete saws, with their lower carbon emissions and reduced noise pollution, are well-positioned to meet these evolving regulatory requirements.  
 

 U.S. Concrete Saws Market Size, 2021 – 2032, (USD Million)

U.S. concrete saws market size surpassed USD 142.8 million in 2023 and is estimated to grow at a CAGR of over 4.9% through 2032, driven by government funding initiatives, the need to address aging structures, and urban expansion demands. Recently, the U.S. government has implemented significant infrastructure investments, notably through the Infrastructure Investment and Jobs Act (IIJA). This act allocates funds for various projects, including transportation, utilities, and essential road repairs.
 

Consequently, there has been a marked increase in the demand for concrete cutting tools and saws, essential for repairs on roads, bridges, and utilities. Urbanization is accelerating in the U.S., with cities expanding and evolving. This urban growth amplifies the demand for new constructions, including buildings, roads, and utilities, which heavily rely on concrete cutting for foundational work, pipeline installations, and utility setups. To meet these needs, there is a growing demand for handheld, walk-behind, and ride-on concrete saws.
 

Country-level Analysis

North America: In terms of the country, the US dominated 79% share of the North America concrete saws market in 2023. In the U.S. market, there is significant momentum towards advancements in concrete cutting technologies. Innovations such as electric saws, battery-operated variants, and high-performance diamond blades are leading the charge. The U.S. is particularly shifting towards electric and cordless concrete saws, driven by a commitment to reduce emissions, minimize noise, and lower maintenance costs. Advances in battery technology now enable electric saws to match the power output of their gas counterparts, making them increasingly favored by contractors for both indoor and outdoor projects.
 

On the other hand, Canada concrete saws market expressing notable growth rate of around 4.1% through 2032. In Canada, the government is making substantial investments in infrastructure projects. Major urban centers, including Toronto, Vancouver, and Montreal, are witnessing enhancements in roads, bridges, public transit systems, and utilities. These investments have spurred a heightened demand for concrete cutting tools, essential for road repairs, bridge upgrades, utility installations, and broader construction endeavors. Provinces such as Ontario and Quebec are actively upgrading their aging infrastructure, expanding transportation networks, and revitalizing urban landscapes. These initiatives, at various stages, necessitate concrete cutting. With a strong focus on reducing its carbon footprint, Canada is promoting the adoption of green technologies across industries, including construction.
 

Asia Pacific: The Asia Pacific concrete saws market accounted for over 41% of the revenue share in 2023 and anticipated to grow with a CAGR of around 5.9% during 2024 to 2032.
 

In terms of country, China concrete saws industry expressing notable growth rate of around 7.8% up to 2032. China leads the global market for concrete saws, propelled by rapid infrastructure expansion, urbanization, and the integration of advanced construction technologies. The Belt and Road Initiative (BRI), a pivotal element of China's international infrastructure agenda, has markedly increased the demand for concrete saws. These tools are indispensable for the construction of roads, railways, ports, and urban buildings, both within China and in partner nations across Asia, Africa, and Europe.
 

Concrete cutting is essential for various construction operations, including road repairs, tunnels, bridges, and railway systems. The swift pace of urbanization in China, characterized by the development of new cities, high-rise buildings, and smart city projects, underscores the necessity of concrete saws for both new constructions and renovations. Major metropolitan areas such as Beijing, Shanghai, Shenzhen, and Chongqing have seen significant growth in residential and commercial construction, further fueling the demand for concrete cutting tools.

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for concrete saws was reached USD 677.3 million in 2023 and is estimated to grow at a CAGR of over 4.8% from 2024 to 2032, driven by the rising trend of home renovations and DIY culture.

The handheld saws segment accounted for approximately USD 298.8 million in 2023 and is estimated to grow at a CAGR of around 5.2% from 2024 to 2032, led by their versatility and ease of use.

The electric segment held around 40% of the market share in 2023 and is anticipated to grow at a CAGR of 5.2% during the forecast period, due to their efficiency and lower operational costs.

The U.S. concrete saws market was valued at USD 142.8 million in 2023 and is estimated to grow at a CAGR of over 4.9% from 2024 to 2032, propelled by robust infrastructure development and significant government investments under the Infrastructure Investment and Jobs Act (IIJA).

Key players in the concrete saws market include Dewalt, Makita, Milwaukee, Saint-Gobain, Bosch, Husqvarna, Wacker Neuson, Hilti, Ryobi, Koki Holdings, and MK Diamond Products.

Concrete Saws Market Scope

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  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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