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The global stationary band saws market was valued at USD 1.73 billion in 2023 and is estimated to grow at a CAGR of over 5.6% from 2024 to 2032. Key industries such as automotive, aerospace, construction, metalworking, and woodworking rely heavily on precise material cutting, encompassing metals, plastics, and wood. Stationary band saws are essential in these sectors due to their versatility, capability to cut various materials, and high precision. In the automotive and aerospace industries, there is a substantial requirement for stationary band saws to cut metals like aluminum, steel, and titanium, which are prevalent in these sectors.
In the metalworking and woodworking sectors, precision and customization are critical. Stationary band saws offer the flexibility manufacturers need to tailor their cutting operations to specific requirements. The metal and wood processing industries are significant consumers of stationary band saws due to the necessity for precise and efficient cutting of raw materials into smaller, workable pieces. The global demand for processed metal (utilized in machinery, manufacturing, and electronics) and wood (used in furniture and construction) continues to grow.
The U.S. stationary band saws market size surpassed USD 380 million in 2023 and is estimated to grow at a 4.7% CAGR from 2024 to 2032, led by the growing adoption of electric vehicles and the reshoring trend in manufacturing.
The metalworking segment held around 67% of the market share in 2023 and is anticipated to grow at a 6% CAGR from 2024 to 2032, led by the demand for precise metal cutting in various industries.
The CNC segment was worth around USD 1.3 billion in 2023 and is expected to grow at a 6.1% CAGR from 2024 to 2032, due to technological advancements and evolving industrial requirements.
The global market for stationary band saws was reached USD 1.73 billion in 2023 and is estimated to grow at a 5.6% CAGR from 2024 to 2032, driven by the expanding wood and metal processing industry.
Key players in the industry include Amada Machinery, Dayton, Delta Power Equipment, DoAll Saws, Grizzly, HEM Saw, JPW Industries, Laguna Tools, Palmgren, Rikon, and Santec Group.