What is Global Commercial Battery Operated Reciprocating Saws Market?
The Global Commercial Battery Operated Reciprocating Saws Market is a specialized and in-depth study of the tools and hardware industry, focusing on the global market trend. The reciprocating saw is a type of saw in which the cutting action is achieved through a push-and-pull motion of the blade. The term is commonly applied to a type of saw used in construction and demolition work. This type of saw, also known as a hognose or recip saw, has a large blade resembling that of a jigsaw. The blade is exposed so the operator can direct it into tight spaces. These saws are primarily used for cutting through wood and metal. The global market for these saws is growing due to the increasing demand from various end-use industries such as construction, automotive, and others. The market is also driven by the increasing adoption of cordless power tools due to their convenience and ease of use. However, the high cost of these tools and the availability of cheaper alternatives may hinder the market growth. The report provides key statistics on the market status of the Commercial Battery Operated Reciprocating Saws manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
18V, 20V, Others in the Global Commercial Battery Operated Reciprocating Saws Market:
The Global Commercial Battery Operated Reciprocating Saws Market is segmented based on voltage into 18V, 20V, and others. The 18V segment is expected to hold a significant share in the market due to its wide usage in various applications such as cutting through wood, metal, and other materials. These saws are lightweight, compact, and offer high performance, making them suitable for both professional and DIY use. The 20V segment is also expected to witness significant growth due to the increasing demand for high-power tools for heavy-duty applications. The other segment includes saws with different voltage ratings such as 12V, 24V, and others. These saws are used for specific applications based on their power and performance characteristics. The market growth for these segments is driven by the increasing construction activities globally and the growing demand for efficient and convenient power tools.
Online Channel, Offline Channel in the Global Commercial Battery Operated Reciprocating Saws Market:
The Global Commercial Battery Operated Reciprocating Saws Market is also segmented based on the distribution channel into online and offline channels. The online channel segment is expected to witness significant growth due to the increasing penetration of internet and smartphones globally. Consumers prefer online shopping due to the convenience it offers, such as easy price comparison, wide product range, and home delivery. The offline channel segment includes sales through retail stores, supermarkets, and others. This segment is also expected to hold a significant share in the market due to the preference of consumers to physically check the product before purchase. The growth of this segment is driven by the increasing number of retail stores and supermarkets globally.
Global Commercial Battery Operated Reciprocating Saws Market Outlook:
According to a recent survey, the global Commercial Battery Operated Reciprocating Saws market is expected to experience a steady growth in the coming years. The market, which was valued at US$ 718 million in 2022, is projected to reach a value of US$ 870.1 million by 2029. This represents a compound annual growth rate (CAGR) of 2.7% during the forecast period from 2023 to 2029. This growth can be attributed to several factors such as the increasing construction activities globally, the growing demand for efficient and convenient power tools, and the increasing adoption of cordless power tools. However, the high cost of these tools and the availability of cheaper alternatives may hinder the market growth. Despite these challenges, the market is expected to witness significant growth due to the continuous innovations and advancements in the power tools industry.
| Report Metric | Details |
| Report Name | Commercial Battery Operated Reciprocating Saws Market |
| Accounted market size in 2022 | US$ 718 million |
| Forecasted market size in 2029 | US$ 870.1 million |
| CAGR | 2.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | TTI, Stanley Black & Decker, Bosch, Makita, HiKOKI, Hilti, Snap-on Incorporated, Dongcheng, Festool, CHERVON, Jiangsu Jinding, Positec Group, Zhejiang Boda Industrial, Total Tools, Kimo Tools, Ingco Curacao, WEN Products, Greenworks |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
