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Concrete Saws Market Trends

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

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Concrete Saws Market Trends

Precision cutting is essential in contemporary construction projects, particularly within high-tech and heavily regulated sectors such as HVAC, piping, and electrical system installations. The demand for advanced concrete saws is driven by the need for precise cuts that minimize material waste. As building designs grow more intricate, the requirement for accurate cutting to integrate systems like wiring, plumbing, and air ducts into existing concrete structures increases. Consequently, concrete saws with advanced depth control, guide lasers, and other precision tools are becoming indispensable.

A significant innovation in this field is the development of diamond blades, which offer extended lifespan, faster cutting speeds, and superior performance in challenging materials. These blades enable efficient cutting through hard substances such as reinforced concrete, asphalt, and granite, with minimal wear and tear, thereby enhancing efficiency and reducing downtime.

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.