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The major players participating in the stand tile saw market include
2 - 5 HP stand tile saws segment could surpass USD 680 million over 2022-2028 in remuneration owing to their efficiency, accuracy, and constant technological developments.
In 2021, the market size of stand tile saw crossed USD 800 billion and is poised to grow at 3.8% CAGR through 2028 driven by rapid urbanization and increase in construction activities.
The residential sector is anticipated to account for nearly 65% of the overall market share by 2028 due to increasing construction activities in developed and developing nations.
Stand tile saws demand in Europe is estimated to exceed 550 thousand units by 2028 owing to government-planned mega projects and rise in construction activities in residential and construction sector in the region.