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  • Concrete Saw Market Growth Analysis | 2023-2028

    Concrete Saw Market Growth Analysis | 2023-2028

    Concrete Saw Market Growth Analysis | 2023-2028
    Report code - SR1146 Delivery - 2 Weeks
    Concrete Saw Market Size, Share, Trends, Dynamics, Forecast, and Growth Analysis - 20 See more...

    Market Insights

    The concrete saw market was estimated at USD 2.16 billion in 2022 and is likely to grow at a CAGR of 6.93% during 2023-2028 to reach USD 3.23 billion in 2028.

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    What is a concrete saw?

    A concrete saw also known as road saw, cut-off saw, slab saw or consaw is defined as a powerful tool that is used to cut concrete, brick, asphalt, tiles, and masonry among others. Based on type, a concrete saw can be categorized as gas-powered concrete saw, electric concrete saw, and others.

    COVID-19 Impact

    The covid-19 outbreak posed significant challenges on the various verticals across geographies. It impacted the growth of the market negatively as an imposition of complete lockdown and restrictions on trade affected the product supply and demand.

    Concrete Saw Market Highlights

    Market Size in 2028

    USD 3.23 Billion

    Market Size in 2022

    USD 2.16 Billion

    Market Growth (2023-2028)

    CAGR of 6.93%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Key Players

    Key players operating in the Concrete Saw market are-

    • Husqvarna AB (Sweden),
    • Makita Corporation (Japan),
    • Hilti Corporation (Liechtenstein),
    • Stihl (Germany),
    • Saint-Gobain (France),
    • DeWalt Industrial Tool Company (The U.S),
    • MK Diamond Products, Inc. (The U.S),
    • Evolution Power Tools (UK),
    • QVTools (The U.S),
    • Ryobi Limited (Japan),
    • Hitachi, Ltd. (Japan),
    • Tomahawk Power & Pulp Co (The U.S),
    • The Milwaukee Electric Tool Corporation (The U.S), and
    • SKILSAW Power Tools (The U.S).

    Market Dynamics

    The growth of the concrete saw market is primarily driven by surging demand for concrete saw in the building & construction industries.

    • Increasing road construction projects for infrastructural development is likely to propel market growth at a significant rate during the review period.
    • In addition to this, rising demand for high-quality and cost-effective concrete saw is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    Concrete-Saw-Market-Dynamics

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    Segment's Analysis

    Application Trends

    By application, the concrete saw market has been bifurcated into road construction, masonry work, sewage work and other. Under these, the road construction segment accounted for the largest market share in 2022 and is projected to register significant growth during the review period on account of increasing commercial construction activities across geographies.

    Regional Analysis

    By region, the market in Asia-Pacific accounted for the largest market share in 2022 and is projected to grow at a significant CAGR during the assessment period.

    • The regional growth can be attributed to increased spending on commercial construction for infrastructure development in developing countries particularly India and China.
    • The market growth in North America region is expected to be driven by the established presence of the end-use industries and increasing demand for high-quality and cost-effective concrete saw.

    Concrete-Saw-Market-Regional-Analysis

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    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The Concrete Saw Market is segmented into the following categories:

    By Type

    • Gas Powered Concrete Saw
    • Electric Concrete Saw
    • Others

    Application:

    • Road Construction
    • Masonry Work
    • Sewage Work
    • Other

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Concrete-Saw-Market-Segmentation

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    Target Audience

    The following is a list of the customers that the Concrete Saw market aims to convert the most:

    • Concrete saw distributors
    • Concrete saw suppliers
    • Concrete saw manufacturers
    • Logistics organizations
    • Government bodies

    Report Features

    This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the global market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Concrete Saw Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Report Customization Option

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The concrete saw market is expected to witness an impressive growth of 6.93% CAGR in the coming years.

    Husqvarna AB (Sweden), Makita Corporation (Japan), Hilti Corporation (Liechtenstein), Stihl (Germany), Saint-Gobain (France), DeWalt Industrial Tool Company (The U.S), MK Diamond Products, Inc. (The U.S), Evolution Power Tools (UK), QVTools (The U.S), Ryobi Limited (Japan), Hitachi, Ltd. (Japan), Tomahawk Power & Pulp Co (The U.S), The Milwaukee Electric Tool Corporation (The U.S), and SKILSAW Power Tools (The U.S) are among the key players in the market.

    The concrete saw market size is expected to reach USD 3.23 billion in the foreseeable future.

    Surging demand for concrete saw in the building & construction industries, increasing road construction projects for infrastructural development are the factors driving the growth of the market.

    Asia-Pacific accounted for the largest share in 2020 and is projected to grow at a significant CAGR.

    Concrete saw distributors, Concrete saw suppliers, Concrete saw manufacturers, Logistics organizations, Government bodies are the target audience in the market.