United States Electric Plaster Saws Market was valued at USD 0.08 Billion in 2022 and is projected to reach USD 0.14 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The US electric plaster saws market is experiencing significant growth, driven by advancements in construction technology and an increasing demand for efficient cutting tools. In 2023, the global market was valued at approximately $1.59 billion, with projections suggesting it will reach $2.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of around 5.16% during the forecast period from 2024 to 2032. This growth is largely attributed to the construction industry's shift towards electric tools, which offer superior performance and environmental benefits over traditional gas-powered alternatives.
Electric plaster saws are essential for cutting materials like plasterboard, drywall, and other building substrates. Their adoption in the US construction sector is influenced by several key factors:
Environmental Concerns: Electric models produce zero emissions, contributing to improved air quality on construction sites and aligning with sustainable building practices.
Operational Efficiency: Electric saws are generally lighter, quieter, and generate less vibration compared to their pneumatic counterparts, enhancing user comfort and productivity.
Cost-Effectiveness: While the initial investment may be higher, the reduced maintenance and operational costs of electric saws make them a financially sound choice in the long run.
The market is also segmented by mobility, with portable electric plaster saws gaining popularity due to their flexibility and ease of use across various job sites. The global market for portable electric plaster saws is expected to reach $1.2 billion by 2025, growing at a CAGR of 5.5%. This trend underscores the industry's move towards tools that offer both convenience and high performance.
In terms of regional dynamics, the Asia Pacific region leads in the adoption of electric plaster saws, propelled by rapid urbanization and extensive construction activities. North America, particularly the United States, follows closely, with a robust market driven by technological advancements and a focus on sustainable construction practices. Europe also represents a significant market, with countries like Germany and the UK investing in modernizing their construction equipment fleets.
The competitive landscape of the electric plaster saws market is highly fragmented, featuring a mix of established manufacturers and emerging players. Companies are increasingly focusing on research and development to innovate and meet the evolving needs of the construction industry. This includes enhancing the performance, durability, and ergonomics of their products to cater to both professional contractors and DIY enthusiasts.
Looking ahead, the market is poised for continued growth, supported by ongoing construction projects, infrastructure development, and a collective industry shift towards more sustainable and efficient tools. As electric plaster saws become more prevalent, stakeholders can anticipate further advancements that will shape the future of construction equipment.
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DeSoutter Medical
Erbrich Instrumente
Ermis MedTech GmbH
Hanshin Medical
HEBUmedical
Oscimed
Rimec
Shanghai Bojin Electric Instrument & Device
Stryker
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 US Electric Plaster Saws Market
Standard Electric Plaster Saws
Cordless Electric Plaster Saws
Heavy-Duty Electric Plaster Saws
Lightweight Electric Plaster Saws
Medical Applications
Construction Industry
DIY and Home Renovation
Industrial Uses
Diamond-Blade Electric Plaster Saws
Stainless Steel-Blade Electric Plaster Saws
Ceramic-Blade Electric Plaster Saws
Composite-Blade Electric Plaster Saws
Electric Corded Saws
Battery-Powered Saws
Healthcare Facilities
Construction Companies
DIY Enthusiasts
Specialized Industrial Services
US (United States, US 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 US Electric Plaster Saws 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. US Electric Plaster Saws Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Electric Plaster Saws Market, By Type
6. US Electric Plaster Saws Market, By Application
7. US Electric Plaster Saws Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Electric Plaster Saws Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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