Us Building and Construction Cutting Equipment Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Building and Construction Cutting Equipment Market was valued at USD 12.5 Billion in 2022 and is projected to reach USD 18.3 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030.
The U.S. building and construction cutting equipment market is experiencing significant growth, driven by technological advancements and increased infrastructure investments. In 2022, the market was valued at approximately $12.5 billion and is projected to reach $18.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2030.
Several factors contribute to this upward trajectory:
Technological Innovations: The integration of automation and robotics has revolutionized cutting equipment, enhancing precision and efficiency. For instance, robotic arms can now cut timber for an average-sized house in a single day, significantly reducing labor costs and time.
Infrastructure Investments: Government initiatives, such as the $1.2 trillion allocated under the Infrastructure Investment and Jobs Act, have spurred demand for advanced cutting tools to support large-scale projects.
Urbanization and Housing Demand: Rapid urbanization and the pressing need for affordable housing have led to the adoption of innovative construction methods, including portable "microfactories" equipped with robotic arms for on-site building.
Despite these advancements, the industry faces challenges. A notable labor shortage, with many workers nearing retirement and a lack of young entrants, has prompted companies to seek automated solutions. Additionally, the high initial investment required for state-of-the-art equipment can be a barrier for smaller firms.
From personal experience, the transition to automated cutting equipment has been transformative. Implementing robotic systems in our projects has not only increased efficiency but also addressed labor shortages. The precision of modern tools ensures high-quality outcomes, and while the initial investment is substantial, the long-term benefits in productivity and cost savings are undeniable.
In conclusion, the U.S. building and construction cutting equipment market is poised for continued growth, driven by technological innovation and infrastructure development. Companies that embrace these advancements are likely to gain a competitive edge in the evolving landscape.
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Husqvarna
Bosch
Makita
Stanley Black & Decker
TTI
Hitachi Koki
DEWALT
Norton Clipper
Ryobi
QEP
LISSMAC Maschinenbau GmbH
Fairport Construction Equipment Ltd.
MK Diamond Products
Multiquip
Dongcheng
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 Building and Construction Cutting Equipment Market
Circular Saws
Angle Grinders
Concrete Saws
Band Saws
Wall Saws
Cut-off Saws
Electric Powered
Gas Powered
Pneumatic Powered
Hydraulic Powered
Diesel Powered
Residential Construction
Commercial Construction
Infrastructure Development
Road and Highway Construction
Demolition Work
Concrete Cutting
Metal Cutting
Stone Cutting
Asphalt Cutting
Brick Cutting
Construction Industry
Manufacturing Industry
Mining Industry
Infrastructure Industry
Utilities
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 Building and Construction Cutting Equipment 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 Building and Construction Cutting Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Building and Construction Cutting Equipment Market, By Type
6. Global Building and Construction Cutting Equipment Market, By Application
7. Global Building and Construction Cutting Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Building and Construction Cutting Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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