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 global market for building and construction cutting equipment was valued at approximately USD 10.5 billion in 2022. This market is projected to experience a compound annual growth rate (CAGR) of 5.8% from 2022 to 2027. The increasing adoption of advanced cutting technologies in the construction sector is a significant driver of this growth. As infrastructure development accelerates globally, particularly in emerging economies, there is a rising demand for efficient and precise cutting tools that enhance productivity and safety on construction sites. Additionally, the integration of automation and smart technologies into cutting equipment is further fueling market expansion.
Opportunity analysis highlights considerable growth potential in emerging markets such as Asia-Pacific and Latin America. These regions are witnessing rapid urbanization and industrialization, leading to a surge in construction activities and infrastructure projects. The need for advanced cutting solutions to meet the growing demand for high-quality construction standards presents a lucrative opportunity for market players. Furthermore, innovations in cutting equipment, including improved materials and technologies that increase durability and performance, are expected to open new avenues for growth in these developing regions.
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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
Building
Bridge
Others
Based on Types the Market is categorized into Below types that held the largest Building and Construction Cutting Equipment market share In 2023.
Masonry Saw Cutting Equipment
Floor Saw Cutting Equipment
Tile Cutting Equipment
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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