Concrete Saw Market Report
The report on the Concrete Saw Market is segmented, By Type (Gas Powered Concrete Saw, Electric Concrete Saw, Others), Application (Road Construction, Masonry Work, Sewage Work, Other), and Region. This report also covers the COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Concrete Saw market. The historic years considered for the study are 2016-2019, the base year is 2020, and the forecast period is 2021-2026
The report on the Concrete Saw Market is segmented, By Type (Gas Powered Concrete Saw, Electric Concrete Saw, Others), Application (Road Construction, Masonry Work, Sewage Work, Other), and Region. This report also covers the COVID-19 Impact Analysis and Forecast to 2026....
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Concrete Saw market is projected to grow from USD 1.8 billion in 2020 to USD 2.7 billion by 2026 at a CAGR of around 7.0% during the forecast period.
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.
Key players operating in the Concrete Saw market are-
The growth of the concrete saw market is primarily driven by surging demand for concrete saw in the building & construction industries.
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 2020 and is projected to register significant growth during the review period on account of increasing commercial construction activities across geographies.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period.
The covid-19 outbreak posed significant challenges on the various verticals across geographies. It impacted the growth of the concrete saw market negatively as an imposition of complete lockdown and restrictions on trade affected the product supply and demand.
The following is a list of the customers that the Concrete Saw market aims to convert the most:
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The concrete saw market is expected to witness an impressive growth of 7.0% 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 concrete saw market.
The concrete saw market size is expected to reach USD 2.7 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 concrete saw 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 concrete saw market.