1. What is the projected Compound Annual Growth Rate (CAGR) of the Concrete Cutting Market?
The projected CAGR is approximately 4.7%.
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Concrete Cutting MarketConcrete Cutting Market by Product Type (Equipment, Attachment), by Attachment Application (Wheel Loader, Skid Steer, Excavators), by Payload Capacity for Attachment Application (Less than 1 Ton, 1-5 Ton, 5-15 Ton, 15-20 Ton, More than 20 Ton), by End Use Vertical (Demolition, Refurbishment), by Sales Channel (OEM, Aftermarket), by North America (U.S., Canada) Forecast 2026-2034
The Concrete Cutting Market size was valued at USD 5.48 USD Billion in 2023 and is projected to reach USD 7.56 USD Billion by 2032, exhibiting a CAGR of 4.7 % during the forecast period. Concrete cutting is the concrete-cutting technique which involves sawing, drilling or removing the concrete the exact way it is required. It is especially important in construction and rebuilding as well as demolition jobs, allowing one's concrete forming and cutting to have a perfect finish. Types of concrete cutting are flat sawing, core drilling, wall sawing and wire sawing, and can be chosen according to project needs and requirements. These cutting techniques through different thicknesses and angles have high versatility hence efficiency and accuracy are achieved in the operations. Concrete cutting is applied to a wide range of tasks and it is used in construction, infrastructure development, and remodelling projects, allowing for openings to be made for the installation of doors, windows, and utilities. Its advantages comprise exactness, efficient hauling, less noise pollution and dust pollution, and zero interference with neighbouring buildings.
Product Type
Attachment Application
Payload Capacity for Attachment Application
End Use Vertical
Sales Channel
This comprehensive market analysis delves deeply into the concrete cutting industry, providing a thorough understanding of the prevailing trends, challenges, and growth opportunities. It meticulously examines the market's segmentation, competitive landscape, and key developments, enabling stakeholders to make informed decisions.
Market Segmentation:
Leading Players:
The report profiles prominent players in the concrete cutting market, including their market share, financial performance, product offerings, and strategic initiatives. Key players include:
Key Developments:
Future Outlook:
The report provides projections for the future growth of the concrete cutting market, taking into account factors such as infrastructure development, urbanization, and technological advancements. It identifies potential opportunities for market participants and outlines strategies for success in the evolving landscape.
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.7% from 2020-2034 |
| Segmentation |
|
Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 4.7%.
Key companies in the market include Abortech (Australia), Atlas Copco (Sweden), Cedima GmbH (Germany), Hilti Corporation (Liechtenstein), Husqvarna Group (Sweden), iQ Power Tools (U.S.), Makita Corporation (Japan), Stanley Black & Decker Inc (U.S.), Stihl Group (Germany), Tyrolit (Austria).
The market segments include Product Type, Attachment Application, Payload Capacity for Attachment Application, End Use Vertical, Sales Channel.
The market size is estimated to be USD 5.48 USD Billion as of 2022.
Rising Demand from the Automotive and Construction Sectors to Aid Market Growth.
Technological Advancement in Equipment to Propel Market Growth.
High Cost of Maintenance and Procurement Costs to Restraint the Market Growth.
August 2022: Tyrolit announced the acquisition of Turkish Egeli Egesan that manufactures grinding tools for several applications to strengthen its global abrasive market position. The main aim of the acquisition was to improve the product portfolio of concrete cutters.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in K Units.
Yes, the market keyword associated with the report is "Concrete Cutting Market," which aids in identifying and referencing the specific market segment covered.
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