Circular Saw Machine Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
Looking ahead, from 2023 to 2033, the demand for circular saw machines is expected to experience steady growth. The industrial automation trend, coupled with increased manufacturing capabilities, is anticipated to drive the demand for more advanced and precise circular saw machines. Furthermore, innovations such as laser-guided cutting systems, improved ergonomics, and high-performance blades will continue to enhance the machine’s capabilities, catering to diverse industrial needs. The increasing focus on sustainability and energy efficiency is expected to lead to the development of machines that are not only high-performing but also eco-friendly. These factors, combined with the continued growth in sectors like automotive manufacturing and construction, are poised to make the circular saw machine market more lucrative in the next decade.
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The Circular Saw Machine market has witnessed notable growth from 2018 to 2022, driven by the rising demand for efficient and precise cutting tools in industries such as construction, automotive, and metalworking. In these years, technological advancements and innovations have enabled circular saw machines to achieve improved cutting speeds, accuracy, and durability. The shift towards automation and the increasing use of these machines in industries such as wood processing, metal cutting, and plastics processing have further bolstered the demand. Additionally, the expanding construction sector, particularly in emerging economies, has played a pivotal role in the growth of the circular saw machine market. The introduction of user-friendly, energy-efficient, and multi-functional machines has further contributed to this trend.
Bosch
Makita
Dewalt
Ryobi
Milwaukee
Skil
Ridgid
Hitachi
Rockwell
Porter Cable
Craftsman
Aoben
Dongcheng
Dayou
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Circular Saw Machine Market
DIY Application
Construction Industry
Wood Product Industry
Others
Based on Types the Market is categorized into Below types that held the largest Circular Saw Machine market share In 2023.
Corded Machine
Cordless Machine
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Circular Saw Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Circular Saw Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Circular Saw Machine Market, By Type
6. Global Circular Saw Machine Market, By Application
7. Global Circular Saw Machine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Circular Saw Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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