What is Global Cordless Angle Grinder Market?
The Global Cordless Angle Grinder Market is a comprehensive study of the various aspects of the industry, including its size, growth, trends, and forecast. This market revolves around cordless angle grinders, which are handheld power tools used for grinding, cutting, and polishing. These tools are typically powered by a rechargeable battery, making them portable and convenient for a variety of tasks. The global market for these tools is vast and diverse, encompassing a wide range of manufacturers, distributors, and end-users. The market's value was estimated at US$ 1854 million in 2022, and it is expected to grow steadily over the coming years. However, the specifics of this growth, such as the exact rate and the factors driving it, are complex and multifaceted, requiring detailed analysis and understanding.
4-1/2, 5 & 6’’ Grinders, 7-9’’ Grinders, Others in the Global Cordless Angle Grinder Market:
The Global Cordless Angle Grinder Market is segmented into different types based on the size of the grinders. These include 4-1/2, 5 & 6’’ Grinders, 7-9’’ Grinders, and others. The 4-1/2, 5 & 6’’ Grinders are the most common type, accounting for about 70% of the market. These grinders are versatile and can be used for a variety of tasks, making them popular among users. The 7-9’’ Grinders, on the other hand, are larger and more powerful, making them suitable for heavy-duty tasks. The 'others' category includes a variety of other types of grinders, each with their own unique features and uses.
Metal Processing, Wood Processing, Construction, Others in the Global Cordless Angle Grinder Market:
The Global Cordless Angle Grinder Market also varies based on the application of the grinders. These applications include Metal Processing, Wood Processing, Construction, and others. The construction industry is the largest user of cordless angle grinders, accounting for about 40% of the market. These tools are used in construction for tasks such as cutting and grinding materials, polishing surfaces, and more. In metal processing, they are used for tasks such as removing rust and polishing metal surfaces. In wood processing, they are used for tasks such as cutting and shaping wood. The 'others' category includes a variety of other applications, each with their own unique uses for cordless angle grinders.
Global Cordless Angle Grinder Market Outlook:
Looking at the market outlook for the Global Cordless Angle Grinder Market, it is clear that the industry is set for steady growth. In 2022, the market was valued at US$ 1854 million. This value is expected to increase to US$ 2306.1 million by 2029, representing a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period from 2023 to 2029. The 4-1/2, 5 & 6’’ Grinders segment is the main type in the market, holding about 70% of the market share. Meanwhile, the construction industry is the main application of these tools, accounting for about 40% of the market. This data provides a clear picture of the current state of the market, as well as its potential future growth.
| Report Metric | Details |
| Report Name | Cordless Angle Grinder Market |
| Accounted market size in 2023 | US$ 1920.1 million |
| Forecasted market size in 2029 | US$ 2306.1 million |
| CAGR | 3.1 |
| Base Year | 2023 |
| 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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| Sales by Region |
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| By Company | Bosch, Stanley Black & Decker, Makita, TTI, Hitachi, Hilti, Wurth, Fein, Dongcheng Tools, Positec Machinery, Devon, Ken Tools, Guoqiang Tools, Boda, Bosun |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
