The Angle Grinder Global Market Report 2023, provides comprehensive information on the angle grinder market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Angle Grinder Market’s Growth:
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As per The Business Research Company’s Angle Grinder Global Market Report 2023, the global angle grinder market is expected to grow from $3.03 billion in 2022 to $3.14 billion in 2023 at a compound annual growth rate (CAGR) of 3.38%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The angle grinder market is expected to reach $3.63 billion in 2027 at a CAGR of 3.74%.
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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 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
Asia-Pacific was the largest region in the angle grinder market in 2022.
The table of contents in TBRC’s angle grinder market report 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
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26. South America Angle Grinder Market
27. Brazil Angle Grinder Market
28. Middle East Angle Grinder Market
29. Africa Angle Grinder Market
30. Angle Grinder Market Competitive Landscape And Company Profiles
Top Major Players:
- Robert Bosch GmbH,
- Hitachi Ltd
- 3M
- FLEX GmbH
- Wurth Group
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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