Categories: Market Research

Angle Grinder Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Angle Grinder Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Angle Grinder Market:

https://www.thebusinessresearchcompany.com/report/angle-grinder-global-market-report

According to The Business Research Company’s Angle Grinder Global Market Report 2024, The angle grinder market size has grown steadily in recent years. It will grow from $3.14 billion in 2023 to $3.25 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%.  The  growth in the historic period can be attributed to rise in construction and renovation activities, increased popularity of do-it-yourself (diy) projects, rise of e-commerce platforms, shortage of skilled labor in various industries, growth of the metal fabrication industry.

The angle grinder market size is expected to see steady growth in the next few years. It will grow to $3.82 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%.  The growth in the forecast period can be attributed to increasing demand for construction and renovation, rapid urbanization and industrialization, market expansion and global diversity, increasing popularity of do-it-yourself (diy) projects, rising emphasis on sustainable activities. Major trends in the forecast period include integration of iot and ai technologies, advancements in material processing, increasing popularity of brushless motors in angle grinders, growing emphasis on safety features, development of cordless angle grinders.

The increasing demand for construction activities is expected to propel the growth of the angle grinder market going forward. Construction activities refer to a wide range of operations involved in creating, modifying, or repairing structures, infrastructure, and facilities. Angle grinders with metal-cutting discs are frequently used in construction projects to cut metal components like pipes, rebar, steel plates, or structural parts. They offer a rapid and effective way to make fine cuts. For instance, in July 2023, according to the reports shared by the United States Census Bureau (USCB), a US-based government agency, the amount spent on construction in February 2023 was $1.84 billion. The first two months of this year saw a $260.8 billion increase in construction investment, a 5.9 percent (1.2 percent) gain over USD 246.1 billion for the same period in 2022. Public construction had made an investment of USD 388.0 billion, while private construction made a USD 1.45 billion investment in 2022. Therefore, the increasing demand for construction is driving the growth of the angle grinder market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=12624&type=smp

The angle grinder market covered in this report is segmented –

1) By Type: Electric Angle Grinder, Pneumatic Angle Grinder, Cordless Angle Grinder

2) By Distribution Channel: Online, Offline

3) By Application: Metal Processing, Wood Processing, Construction, Automotive, Aerospace, Aquaculture, Agriculture, Other Applications

Innovative products are a key trend gaining popularity in the angle grinder market. Major companies operating in the angle grinder market are developing innovative products to sustain their position in the market. For instance, in June 2023, ATI Industrial Automation, a US-based automated tools manufacturing company, launched CGV-900 compliant angle grinder to offer a machine-based substitute for manual grinding and finishing. The device increases grinding process adaptability while lowering employee safety issues. The CGV-900 has built-in compliance, which enables the device to account for surface flaws in parts and keep in touch with a workpiece. Users can alter the compliance force in real-time to adjust their finishing procedures.

The angle grinder market report table of contents includes:

 

  1. Executive Summary
  2. Angle Grinder Market Characteristics
  3. Angle Grinder Market Trends And Strategies
  4. Angle Grinder Market – Macro Economic Scenario
  5. Global Angle Grinder Market Size and Growth

.

.

.

  1. Global Angle Grinder Market Competitive Benchmarking
  2. Global Angle Grinder Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Angle Grinder Market
  4. Angle Grinder Market Future Outlook and Potential Analysis
  5. Appendix

Top Major Players:

  • Robert Bosch GmbH
  • Hitachi Ltd.
  • 3M
  • FLEX GmbH
  • Emerson Electric Co

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company  

Twitter: https://twitter.com/tbrc_info  

Facebook: https://www.facebook.com/TheBusinessResearchCompany  

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ  

Blog: https://blog.tbrc.info/  

Healthcare Blog: https://healthcareresearchreports.com/  

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model  

Good PR News

Recent Posts

Asset Reliability Software Market Growth Insights & Forecast 2024-2033

The asset reliability software global market report 2024 from The Business Research Company provides comprehensive…

4 hours ago

Aortic Endograft Market Insights, Size & Competitive Landscape 2024-2033

The aortic endograft global market report 2024 from The Business Research Company provides comprehensive market…

4 hours ago

Advanced Therapeutics Outsourcing Market Size & Key Insights 2024-2033

The advanced therapeutics pharmaceutical outsourcing global market report 2024 from The Business Research Company provides…

4 hours ago

Vertical Take-Off And Landing UAV Market Size & Trends 2024-2033

The vertical take-off and landing (vtol) uav global market report 2024 from The Business Research…

4 hours ago

Global Solar Cells Market Insights & Competitive Landscape 2024-2033

The solar cells global market report 2024 from The Business Research Company provides comprehensive market…

4 hours ago

Security Analytics Market Growth Opportunities & Key Players 2024-2033

The security analytics global market report 2024 from The Business Research Company provides comprehensive market…

4 hours ago