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In 2023, key companies like Delta, Edco, Bosch, Husqvarna, etc. held a combined market share of 25-30%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Companies are heavily investing in research and development to develop advanced and smart tile saws that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.
Major players operating in the tile saws industry are:
The global market for tile saws was reached USD 787.7 million in 2023 and is estimated to grow at a 5.9% CAGR from 2024 to 2032, driven by the rising interest in home improvement and renovation projects.
The wet saws segment accounted for approximately USD 487.7 million in revenue in 2023 and is projected to grow at a CAGR of around 6.1% from 2024 to 2032.
The benchtop segment held around 61% share of the market in 2023 and is anticipated to grow at a CAGR of 5.7% during 2024 to 2032.
The U.S. tile saws market was valued at USD 166.1 million in 2023 and is estimated to grow at a CAGR of over 6% from 2024 to 2032, led by the U.S. housing market and a strong DIY culture.
Key players in the tile saws industry include Bosch, Delta, Dewalt, Edco, Flex, Goldblatt, Golz, Husqvarna, QEP, Raimondi, Ridgid, Rubi, and Skil.