Floor Saw Market: Global Industry Analysis and Forecast (2023-2029)

Floor Saw Market has valued at US$ 336.91 Mn. in 2022. The Floor Saw Market size is estimated to grow at a CAGR of 5.25% over the forecast period.
Floor Saw Market Overview:
A floor saw is a tool for cutting stone, concrete, or asphalt. This machine is powered by an electric motor and is operated by hydraulic, pneumatic, or gasoline pressure. To cut hard materials, floor saws use coarse cut-off wheels. The procedure of floor sawing is frequently used in the building industry. It is more efficient and safer than the traditional method of sawing or altering concrete slabs or other hard floor surfaces and removing them. Cutting any form of hard material with varying lengths and widths is easier. To cut hard materials, diamond saw blades are frequently used on floor saws or concrete saws.

The report explores the Floor Saw market's segments (Power, Propulsion Technology, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2022. The report investigates the Floor Saw market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Floor Saw market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Floor Saw Market Dynamics:
Increase In Advanced Technologies:

The floor saw market is being driven by rising labor wages and the modernization of the building industry. Due to advanced technologies and the introduction of efficient performance sawing machines in the global construction machinery market, as well as growing demand for floor saws in emerging economies in the reconstruction and construction services industry, the floor saw market is expected to grow in the near future.

Increase In Demand for Reconstruction:

The floor saw market is being driven by rising demand for urban redevelopment in established and emerging nations. The use of floor saws has been influenced by the growing number of infrastructure projects in industrialized and emerging economies. The construction sector is dealing with decreasing labor availability by rapidly replacing workers with floor saws, which is expected to drive the floor saw market.

Effect On Health:

Quartz, cristobalite, and tridymite are among the very small respirable crystalline silica (RCS) particles found in the dust created while cutting the concrete floor. These particles can cause major health problems for the operator, such as lung cancer or silicosis. This aspect is expected to limit market expansion.

Hike In Fuel Prices:

The operation of floor saws requires the use of fuels such as diesel and gasoline. During the forecast period, the market may be challenged by worldwide price fluctuations in these fuels.
Floor Saw Market Trends:
Because of its unique properties, such as being fast in comparison to other floor cutting methods, easy to maneuver, ideal for small & medium patch or service jobs, for cutting concrete or asphalt, and water is used during cutting to cool the diamond blade, which reduces the amount of dust produced during operation, the industry is experiencing significant growth. Product sales are being held back by the popularity of floor saw rental services. Small and medium-sized businesses that do not require regular concrete or asphalt cutting typically rent rather than buy floor saws. This is because the product has high acquisition and maintenance expenses. Renting floor saws also gives consumers more options when it comes to varying cutting depth needs.
Floor Saw Market Segmentation:
Based On Power:

The market is segmented into Below 15HP, 15HP – 30HP, Above 30HP. By 2028, demand for 15HP - 30HP long-run & deep cutting saws for bridge repair, road repairs, and heavier installations is expected to exceed 30 thousand units. These floor saws produce less vibration than high-range floor saws, allowing the cutter to precisely position the blade.

Based On Propulsion Technology:

By 2029, the petrol section of the floor saw market is expected to produce almost USD 140 million, owing to its widespread use in the commercial building industry. Because it produces a lot of dust and fumes, a gasoline-powered concrete saw is best used outside. It is more powerful than electric concrete saws and does not require an energy source. Petrol-powered floor saws can handle hard treatment and are built to last a long period. The need for petrol-powered floor saws will be fueled by the growing construction sector in developing economies. Between 2022 and 2028, the electric category is expected to grow by approximately 5.4 percent. Electric-powered floor saws are better for indoor applications because they emit less dust and fumes and are extremely quiet. They are simple to use, convenient, quicker, and environmentally beneficial. When the battery runs out of power, battery-powered concrete saws are charged and connected to an electrical source. They are extremely convenient and may be utilized in any situation.
Floor Saw Market Regional Insights:
North America accounted for the highest share of the global floor saw market thanks to increasing number of infrastructure projects in the region. Growing urbanization is helping in the development of infrastructure in areas such as power and transportation, which is a major driver of the North American floor saw market.

By reason of increased building and tunneling operations in Asia Pacific, the floor saw market is expected to grow rapidly throughout the forecast period. Demand for powered and advanced sawing machines has increased as labor wages have risen and the building sector has improved. This is likely to boost the region's floor saw market.

The objective of the report is to present a comprehensive analysis of the Floor Saw Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Floor Saw Market dynamic, and structure by analyzing the market segments and projecting the Floor Saw Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Floor Saw Market make the report investor’s guide.
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Floor Saw Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 336.91 Mn.


Forecast Period 2023 to 2029 CAGR:
5.25%
Market Size in 2029:
US $ 482.03 Mn.


 Segments Covered:
by Power
• Below 15HP
• 15HP- 30HP
• Above 30HP


by Propulsion Technology
• Diesel
• Petrol
• Electric



Floor Saw Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Floor Saw Market Key Players
• Bosch
• Makita
• TTI
• Hitachi Koki
• Husqvarna
• DEWALT
• Norton Clipper
• Ryobi
• QEP
• LISSMAC
• Fairport
• Multiquip
• Dongcheng
• KEN
• Jiangsu Guoqiang
• Stanley Black?&Decker
• MK Diamond Products
• ALTARD Belle
• Chicago Pneumatic
• Saint- Gobain
• Sima

Frequently Asked Questions:

1. Which region has the largest share in Global Floor Saw Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Floor Saw Market?
Ans: The Global Floor Saw Market is growing at a CAGR of 5.25% during forecasting period 2023-2029.

3. What is scope of the Global Floor Saw Market report?
Ans: Global Floor Saw Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Floor Saw Market?
Ans: The important key players in the Global Floor Saw Market are – Bosch, Makita, TTI, Hitachi Koki, Husqvarna, DEWALT, Norton Clipper, Ryobi, QEP, LISSMAC, Fairport, Multiquip, Dongcheng, KEN, Jiangsu Guoqiang, Stanley Black?&Decker, MK Diamond Products, ALTARD Belle, Chicago Pneumatic, Saint- Gobain, Sima

5. What is the study period of this Market?
Ans: The Global Floor Saw Market is studied from 2022 to 2029.