Saw Blades Market: Global Industry Analysis And Forecast (2023-2029)

Saw Blades Market size was valued at US$ 599.14 Mn. in 2022. Saw Blades will encourage a great deal of transformation in the Furniture and Equipment Industry.
Saw Blades Market Overview:
Saw blades are the tools that are used to shape and cut metal, wood, tiles, stones, concrete, and other materials. A saw blade is made up of a chain, blade, or toothed edges, which make cutting easier. Saw blades are available in a variety of styles and types, depending on the materials they are used on. They have titanium, zirconium, or chrome coatings and are made with toothed edges to assist smooth and clean cutting. Physical vapour deposition is used to create these coatings, which help to improve the cut piece's tooth durability, performance, and quality. As a result, these blades are widely used in a variety of industries, including automotive, furniture, mining, and construction.To know about the Research Methodology :- Request Free Sample Report
Saw Blades Market Dynamics:
Increased demand from the furniture industry is expected to drive the demand for saw blades across the globe. Saw blades are widely used in the furniture-making business to shape and cut wood. Growing demand for opulent interiors are expected to boost the furniture demand, which will fuel demand for power equipment such as saw blades. The rising living standards, there is a growing preference for decorative interiors and furnishings, which is driving up demand for high-quality saw blades that can cut intricate designs and give products a premium finish. In addition, the saw blades market is expected to continue to grow as new house construction and remodelling/renovation activities increase across the globe.

The technological developments in saw blades are expected to assist the industry's growth through the forecast period. For example, when a table saw comes into touch with a finger, it instantly stops. The saw stop system uses a small electrical signal to monitor and detect the finger. As the human body is conductive, the signal alters as it comes into touch with the blade. As a result of the signal shift, the device inserts an aluminum brake into the spinning blade through a spring, allowing the saw wheel to halt in less than 5 milliseconds. Due to its angular motion, the saw blade's possibility of the following contact is eliminated.

Saw blades are come with a variety of coatings to improve tool durability, performance, and cut piece quality. The most common method of coating is physical vapor deposition (PVD), which forms thin metallic coatings on a variety of surfaces. The technique is normally done in a vacuum, with the materials to be deposited evaporating. Titanium, zirconium, and chrome are the most used coating materials.

Product designers are also focusing on the development of variations with longer operational lives and blades with accurate cuts to save wear and tear. The major producers are also concentrating on delivering a wide range of products for various applications. For example, Bosch Limited, is a leading maker of wood circular saw blades with excellent cutting performance in wood. Their products are made with highly strong carbide grains for long-term endurance, along with robust microteq teeth and an ATB (Alternate Top Bevel) tooth shape. The corrosion-prevention and friction-reduction coatings, as well as the anti-vibration slots for smooth cutting with minimal noise and vibration, are some of the essential features that make the device simple to use. In addition, the growing need for power saws in the automotive industry to shape the vehicle's body, door seams, and seat frames, are expected to drive the market even further.
Saw Blades Market Segment Analysis:
Stone cutting, band, chain, circular, and hand saw blades are several types of saw blades available on the market. Marble, granite, concrete, sandstone, glass, ceramic tiles, and hard stone are all shaped and cut with stone-cutting saw blades. These materials are mostly used in the construction industry. Because of the increase in residential and commercial buildings, demand for stone-cutting saw blades is expected to grow at significant rate through the forecast period. Because of increased advances in building design and a greater focus on efficient energy frameworks for building structures, manufacturers in the circular saw blades market have growth potential.
Saw Blades Market Regional Insights:
Europe accounted for the largest market share in 2022, with a market value of US$ xx Mn; the regional market is expected to register a CAGR of xx% during the 2023-2029. Through the forecast period, the saw blades market is expected to be driven by rise in the in the reconstruction & renovations activities in the Europe. Belgium, Austria, the Czech Republic, Finland, France, Hungary, Germany, and Ireland are among the 19 main European countries where construction activity is expected to be significant.

Thanks to numerous factors such as industrial growth, increasing consumer base, increased disposable income of individuals, and others, Asia Pacific is expected to grow at a CAGR of 4.9% through the forecast period.

The North America region is expected to witness a significant growth at a CAGR of 4.2% during the forecast period. The region’s growth is primarily attributed to the rise in residential and commercial applications in the region.

The objective of the report is to present a comprehensive analysis of the Saw Blades 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 report also helps in understanding the Saw Blades market dynamics, structure by analyzing the market segments and projecting the Saw Blades market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Saw Blades market make the report investor’s guide.
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Saw Blades Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 599.14 Mn.


Forecast Period 2023 to 2029 CAGR:
4.63%
Market Size in 2029:
US $ 822.47 Mn.


 Segments Covered:
by Product
Circular Saw
Band Saw
Chain Saw
Hand Saw
Others


by Applications
Wood Cutting
Metal Cutting
Stone Cutting
Others


by Material Type
High Speed Steel
Steel
Carbide
Others



Saw Blades 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)
Saw Blades Market Key Players are:
1. Dimar
2. AKE
3. LEUCO
4. Freud
5. PILANA
6. Lenox
7. Kinkelder
8. M. K. Morse
9. DoAll Sawing Products
10.Stanley Black & Decker
11.Simonds International
12.Ledermann GmbH & Co. KG
13.Leuco Tool Corporation

FAQ:

1] What segments are covered in the Saw Blades Market report?
Ans. The segments covered in the Saw Blades Market report are based on Product and Application.

2] Which region is expected to hold the highest share in the Saw Blades Market?
Ans. Europe Region is expected to hold the highest share in the Saw Blades Market.

3] What is the market size of the Saw Blades Market by 2029?
Ans. The market size of Saw Blades Market by 2029 is US $ 822.47 Mn.

4] What is the forecast period for the Saw Blades Market?
Ans. The Forecast period for Saw Blades Market is 2023-2029.

5] What was the market size of the Saw Blades Market in 2022?
Ans. The market size of Saw Blades Market in 2022 was US $ 599.14 Mn.