Electric Angle Grinder Market SWOT Analysis by 2031
MARKET OVERVIEW
An electric angle grinder is a handheld power tool that uses an electric motor to rotate a disc, typically made of abrasive materials such as aluminum oxide. The tool is primarily used for grinding, sanding, and cutting various materials, including metal, masonry, and stone. The compact and lightweight design of the angle grinder makes it a versatile tool widely used in various industries, such as construction, metalworking, and manufacturing. The growing demand for electric angle grinders is driven by the need for efficient and versatile tools that can handle various applications. With advancements in technology, electric angle grinders are becoming more efficient, durable, and user-friendly, which is expected to drive future electric angle grinder market growth.
MARKET DYNAMICS
Growing building & construction activities and increasing use of power tools are driving the growth of the electric angle grinder market. However, the rise in the cost of raw materials used for electric angle grinders directly affects the operational costs of the manufacturing process, this may restrain the growth of the electric angle grinder market. Furthermore, the growing consumer shift towards DIY products is anticipated to create a market opportunity for the electric angle grinder market during the forecast period.
MARKET SCOPE
The "Global Electric Angle Grinder Market Analysis To 2031" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The electric angle grinder market report aims to provide an overview of the electric angle grinder market with detailed market segmentation by product type, angle grinder size, application, and geography. The global electric angle grinder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric angle grinder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electric angle grinder market is segmented based on product type, angle grinder size, and application. Based on product type, the electric angle grinder market is segmented into: corded angle grinder and cordless angle grinder. On the basis of angle grinder size, the electric angle grinder market is segmented into: compact angle grinder and large angle grinder. Based on application, the electric angle grinder market is segmented into: industrial, commercial, and residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electric angle grinder market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electric angle grinder market by each region is later sub-segmented by respective countries and segments. The electric angle grinder market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electric angle grinder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the electric angle grinder market in these regions.
IMPACT OF COVID-19 ON ELECTRIC ANGLE GRINDER MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has a negative impact on the electric angle grinder market in 2021. The manufacturing businesses were on halt during the COVID-19 pandemic due to governmental norms across several countries. Further, the raw materials were not easily available. This factor reduces the manufacturing activities in the industries. The supply and the demand side were both affected. The lockdown imposition has resulted in lesser production of commodities, goods, and services. However, in 2021, with the uplifting of lockdown and vaccination processes, the manufacturing businesses have started working again. And the demand for power tools in the industrial sector increases. So, the demand for electric angle grinder market has started rising in 2021.
Electric Angle Grinder Market Report Analysis
CAGR (2023 - 2031)
US$ XX Million
US$ XX Million
Report Coverage
Key Players
Regional Overview
Market Segmentation
By Product Type
By Angle Grinder Size
By Application
The reports cover key developments in the electric angle grinder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from electric angle grinder market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the electric angle grinder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electric angle grinder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- C. and E. Fein GmbH
- Emerson Electric Co.
- Hilti Corporation
- Hitachi, Ltd.
- JK Files (India) Limited
- Ken-Tool
- Makita Corporation
- Positec Machinery
- Robert Bosch GmbH
- Stanley Black and Decker, Inc.
Electric Angle Grinder Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
- C. and E. Fein GmbH
- Emerson Electric Co.
- Hilti Corporation
- Hitachi, Ltd.
- JK Files (India) Limited
- Ken-Tool
- Makita Corporation
- Positec Machinery
- Robert Bosch GmbH
- Stanley Black and Decker, Inc.
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