The Grinding Power Tool Market is expected to register a CAGR of 2.6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Grinding Power Tool Market report presents a detailed analysis of the current scenario and potential future development of the market for grinding power tools. It outlines the different applications of grinding power tools in various industries such as construction, automotive and manufacturing. It sheds light on the major trends and market dynamics influencing the growth trajectory of this market involving technological advancements that are boosting the efficiency as well as precision of the tools. The report presents an analysis of segmentation of this market based on the type of power tools, the type of applications, and the regions that are witnessing a rapid rise in the development of the market. It also covers the competitive landscape that showcases the strategies adopted by the key players, their market shares and the innovations that they have developed that can alter the future of the grinding power tool market and lay down the direction for future growth.
Purpose of the ReportThe report Grinding Power Tool Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Grinding Power Tool Market Segmentation
Type- Corded
- Cordless
- Bench Grinder
- Die or Straight Grinder
- Angle Grinder
Strategic Insights
Grinding Power Tool Market Growth Drivers- Widespread applications across several domains: The increase in sales of the Grinding Power Tool Market results come from regarding various growth-inducing factors and widespread consumption in various domains of life that include industry applications.
- Globalisation of advanced techniques: An organic increase in the globalization of advanced grinding technologies, which is reported to have increased production efficiency by up to 20% in manufacturing, accounts to constitute as a contributing factor surge in demand for these tools.
- Upsurge in DIY Projects: There has been a notable upsurge in the DIY ( Do It Yourself) projects. Spending on home improvement has witnessed a 15% rise in the past 12 months alone. This creative adaptation for power tools, wherein more and more homeowners are replacing corded power tools with cordless ones, indicates a growing shift in home preferences for adopting multiple habits into a single purchase.More than 70% of respondents who use power tools values ergonomics, with design presenting an opportunity for innovation.
- Shift towards electric and battery operated tools: Latest trends indicates that the market for Grinding Power Tool is predominantly shifting towards the electric and battery operated tools as the battery life of the tool has now been improved with battery technology advancees and the battery life is now of 40% higher than the older generation.
- Preference for green products: There is also a trend that green products are considered more by customers as 60% of the buyers look for green products
Green products are considered more by customers.Only 40% of the customers would go for green products.
Green products are considered more by customers. - Technological Integration: Recent studies shows that tools that have IoT features equipped are 25% more productive and hence should be considered by the industries.
- Growth in Construction and Manufacturing Sectors: The construction and manufacturing industries are major drivers for the grinding power tool market. With rapid urbanization, infrastructure development, and an increasing number of manufacturing activities across the globe, there is a heightened demand for high-performance grinding tools.
- Expansion in Emerging Markets: Asia Pacific, Latin America, and the Middle East represent significant growth opportunities for the grinding power tool market. In these regions, there is rapid industrialization, infrastructural development, and disposable incomes-thus increasing the demand for power tools.
- Energy Efficiency and Sustainability: Manufacturers can focus on developing energy-efficient models that align with global sustainability trends, such as battery-powered or low-energy-consuming grinding tools.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Grinding Power Tool Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Grinding Power Tool Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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
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to country scope.
Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
key players in this market are - Baier, Bosch, Hilti, Hitachi Koki Co Ltd, Interskol, Makita, Snap on Incorporated, Stanley Black and Decker, Techtronic Industries Co Ltd TTI
The market is expected to register a CAGR of 2.6% during 2021–2031.
Rapid industrialisation and increased automation led to greater call for grinding power tools for better precision follow up the manufacturing activities, along with expanded safety rules. Meanwhile whenever new technology came to the market such as battery operated tools, increase the demand of grinding tools. Finally, burgeoning construction and automotive sectors tend to fuel market growth.
Cordless technology and smart features will continue to fuel growth of the grinders market in future. Manufacturing improvements that lead to greater sustainability and ergonomics will add to the functionality of grinding tools. Digitisation and automation of tools will reduce human error and increase efficiency and precision.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Grinding Power Tool Market - By Type
1.3.2 Grinding Power Tool Market - By Grinder Type
1.3.3 Grinding Power Tool Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GRINDING POWER TOOL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. GRINDING POWER TOOL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. GRINDING POWER TOOL MARKET - GLOBAL MARKET ANALYSIS
6.1. GRINDING POWER TOOL - GLOBAL MARKET OVERVIEW
6.2. GRINDING POWER TOOL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GRINDING POWER TOOL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CORDED
7.3.1. Overview
7.3.2. Corded Market Forecast and Analysis
7.4. CORDLESS
7.4.1. Overview
7.4.2. Cordless Market Forecast and Analysis
8. GRINDING POWER TOOL MARKET - REVENUE AND FORECASTS TO 2028 - GRINDER TYPE
8.1. OVERVIEW
8.2. GRINDER TYPE MARKET FORECASTS AND ANALYSIS
8.3. BENCH GRINDER
8.3.1. Overview
8.3.2. Bench Grinder Market Forecast and Analysis
8.4. DIE OR STRAIGHT GRINDER
8.4.1. Overview
8.4.2. Die or Straight Grinder Market Forecast and Analysis
8.5. ANGLE GRINDER
8.5.1. Overview
8.5.2. Angle Grinder Market Forecast and Analysis
9. GRINDING POWER TOOL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Grinding Power Tool Market Overview
9.1.2 North America Grinding Power Tool Market Forecasts and Analysis
9.1.3 North America Grinding Power Tool Market Forecasts and Analysis - By Type
9.1.4 North America Grinding Power Tool Market Forecasts and Analysis - By Grinder Type
9.1.5 North America Grinding Power Tool Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Grinding Power Tool Market
9.1.5.1.1 Canada Grinding Power Tool Market by Type
9.1.5.1.2 Canada Grinding Power Tool Market by Grinder Type
9.1.5.2 Mexico Grinding Power Tool Market
9.1.5.2.1 Mexico Grinding Power Tool Market by Type
9.1.5.2.2 Mexico Grinding Power Tool Market by Grinder Type
9.1.5.3 US Grinding Power Tool Market
9.1.5.3.1 US Grinding Power Tool Market by Type
9.1.5.3.2 US Grinding Power Tool Market by Grinder Type
9.2. EUROPE
9.2.1 Europe Grinding Power Tool Market Overview
9.2.2 Europe Grinding Power Tool Market Forecasts and Analysis
9.2.3 Europe Grinding Power Tool Market Forecasts and Analysis - By Type
9.2.4 Europe Grinding Power Tool Market Forecasts and Analysis - By Grinder Type
9.2.5 Europe Grinding Power Tool Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Grinding Power Tool Market
9.2.5.1.1 Germany Grinding Power Tool Market by Type
9.2.5.1.2 Germany Grinding Power Tool Market by Grinder Type
9.2.5.2 France Grinding Power Tool Market
9.2.5.2.1 France Grinding Power Tool Market by Type
9.2.5.2.2 France Grinding Power Tool Market by Grinder Type
9.2.5.3 Italy Grinding Power Tool Market
9.2.5.3.1 Italy Grinding Power Tool Market by Type
9.2.5.3.2 Italy Grinding Power Tool Market by Grinder Type
9.2.5.4 United Kingdom Grinding Power Tool Market
9.2.5.4.1 United Kingdom Grinding Power Tool Market by Type
9.2.5.4.2 United Kingdom Grinding Power Tool Market by Grinder Type
9.2.5.5 Russia Grinding Power Tool Market
9.2.5.5.1 Russia Grinding Power Tool Market by Type
9.2.5.5.2 Russia Grinding Power Tool Market by Grinder Type
9.2.5.6 Rest of Europe Grinding Power Tool Market
9.2.5.6.1 Rest of Europe Grinding Power Tool Market by Type
9.2.5.6.2 Rest of Europe Grinding Power Tool Market by Grinder Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Grinding Power Tool Market Overview
9.3.2 Asia-Pacific Grinding Power Tool Market Forecasts and Analysis
9.3.3 Asia-Pacific Grinding Power Tool Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Grinding Power Tool Market Forecasts and Analysis - By Grinder Type
9.3.5 Asia-Pacific Grinding Power Tool Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Grinding Power Tool Market
9.3.5.1.1 Australia Grinding Power Tool Market by Type
9.3.5.1.2 Australia Grinding Power Tool Market by Grinder Type
9.3.5.2 China Grinding Power Tool Market
9.3.5.2.1 China Grinding Power Tool Market by Type
9.3.5.2.2 China Grinding Power Tool Market by Grinder Type
9.3.5.3 India Grinding Power Tool Market
9.3.5.3.1 India Grinding Power Tool Market by Type
9.3.5.3.2 India Grinding Power Tool Market by Grinder Type
9.3.5.4 Japan Grinding Power Tool Market
9.3.5.4.1 Japan Grinding Power Tool Market by Type
9.3.5.4.2 Japan Grinding Power Tool Market by Grinder Type
9.3.5.5 South Korea Grinding Power Tool Market
9.3.5.5.1 South Korea Grinding Power Tool Market by Type
9.3.5.5.2 South Korea Grinding Power Tool Market by Grinder Type
9.3.5.6 Rest of Asia-Pacific Grinding Power Tool Market
9.3.5.6.1 Rest of Asia-Pacific Grinding Power Tool Market by Type
9.3.5.6.2 Rest of Asia-Pacific Grinding Power Tool Market by Grinder Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Grinding Power Tool Market Overview
9.4.2 Middle East and Africa Grinding Power Tool Market Forecasts and Analysis
9.4.3 Middle East and Africa Grinding Power Tool Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Grinding Power Tool Market Forecasts and Analysis - By Grinder Type
9.4.5 Middle East and Africa Grinding Power Tool Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Grinding Power Tool Market
9.4.5.1.1 South Africa Grinding Power Tool Market by Type
9.4.5.1.2 South Africa Grinding Power Tool Market by Grinder Type
9.4.5.2 Saudi Arabia Grinding Power Tool Market
9.4.5.2.1 Saudi Arabia Grinding Power Tool Market by Type
9.4.5.2.2 Saudi Arabia Grinding Power Tool Market by Grinder Type
9.4.5.3 U.A.E Grinding Power Tool Market
9.4.5.3.1 U.A.E Grinding Power Tool Market by Type
9.4.5.3.2 U.A.E Grinding Power Tool Market by Grinder Type
9.4.5.4 Rest of Middle East and Africa Grinding Power Tool Market
9.4.5.4.1 Rest of Middle East and Africa Grinding Power Tool Market by Type
9.4.5.4.2 Rest of Middle East and Africa Grinding Power Tool Market by Grinder Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Grinding Power Tool Market Overview
9.5.2 South and Central America Grinding Power Tool Market Forecasts and Analysis
9.5.3 South and Central America Grinding Power Tool Market Forecasts and Analysis - By Type
9.5.4 South and Central America Grinding Power Tool Market Forecasts and Analysis - By Grinder Type
9.5.5 South and Central America Grinding Power Tool Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Grinding Power Tool Market
9.5.5.1.1 Brazil Grinding Power Tool Market by Type
9.5.5.1.2 Brazil Grinding Power Tool Market by Grinder Type
9.5.5.2 Argentina Grinding Power Tool Market
9.5.5.2.1 Argentina Grinding Power Tool Market by Type
9.5.5.2.2 Argentina Grinding Power Tool Market by Grinder Type
9.5.5.3 Rest of South and Central America Grinding Power Tool Market
9.5.5.3.1 Rest of South and Central America Grinding Power Tool Market by Type
9.5.5.3.2 Rest of South and Central America Grinding Power Tool Market by Grinder Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GRINDING POWER TOOL MARKET, KEY COMPANY PROFILES
11.1. BAIER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BOSCH
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HILTI
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HITACHI KOKI CO. LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. INTERSKOL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MAKITA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SNAP-ON INCORPORATED
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STANLEY BLACK AND DECKER
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TECHTRONIC INDUSTRIES CO. LTD.(TTI)
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WALTER SURFACE TECHNOLOGIES INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Baier
2.Bosch
3.Hilti
4.Hitachi Koki Co. Ltd
5.Interskol
6.Makita
7.Snap-on Incorporated
8.Stanley Black and Decker
9.Techtronic Industries Co. Ltd.(TTI)
10.Walter Surface Technologies Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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