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The sand tile saw industry seems to be consolidated in nature due to the presence of local and global players across the globe. In 2023, the market players such MK Diamond, QEP, RIDGID, Rubi Tools, Skil, Stanley Black & Decker, Stihl and WEN collectively held around 10%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers and acquisitions, facility expansions, and collaborations, to expand their product portfolios, broaden their customer base, and strengthen their market positions.
Major players operating in the sand tile saw industry are:
The global market for sand tile saw was reached USD 861.3 million in 2023 and is estimated to grow at a 4.5% CAGR from 2024 to 2032, driven by the overall growth of the construction sector.
The wet tile saws segment recorded over USD 350.7 million in 2023 and is expected to exceed USD 535 million by 2032, due to their high precision and clean cuts, essential for hard materials like porcelain and stone.
The mid-sized blades segment held a 45% market share in 2023 as they offer a balance between portability and cutting capacity, making them popular among professionals and serious DIYers.
The North America sand tile saw industry recorded over USD 227.3 million in 2023 and is expected to reach USD 342.6 million by 2032, led by a booming housing market and stricter regulations regarding building materials and installation practices.
The industry features key players such as Bosch, Delta, Dremel, Genesis, Husqvarna, Makita, Metabo, MK Diamond, QEP, RIDGID, Rubi Tools, Skil, Stanley Black & Decker, Stihl, and WEN.