What is Global Electric Angle Grinder Market?
The Global Electric Angle Grinder Market is a vast and dynamic sector that is gaining significant attention worldwide. An electric angle grinder, also known as a side or disc grinder, is a handheld power tool used for grinding and polishing. It is often used in workshops and construction sites for tasks such as metalworking, polishing, and grinding. The global market for these versatile tools is expanding, driven by the increasing demand in various industries such as construction, metal processing, and wood processing. The market's growth is also fueled by the continuous advancements in technology, leading to the development of more efficient and user-friendly grinders. The global electric angle grinder market is not just confined to one region or country but spans across the globe, making it a truly international market.
Compact Angle Grinder, Large Angle Grinder in the Global Electric Angle Grinder Market:
The Global Electric Angle Grinder Market is segmented into two main types based on the size of the grinder: Compact Angle Grinder and Large Angle Grinder. Compact Angle Grinders are smaller, lighter, and more portable, making them ideal for small-scale tasks and DIY projects. They are typically used for grinding, cutting, and polishing smaller surfaces. On the other hand, Large Angle Grinders are more powerful and are used for heavy-duty tasks. They are typically used in professional settings like workshops and construction sites for grinding, cutting, and polishing larger surfaces. Both types of grinders have their unique features and uses, and their demand varies based on the requirements of the end-users. The choice between a compact and a large angle grinder depends on the nature of the task at hand.
Metal Processing, Wood Processing, Construction, Others in the Global Electric Angle Grinder Market:
The Global Electric Angle Grinder Market finds its usage in various areas such as Metal Processing, Wood Processing, Construction, and Others. In Metal Processing, these grinders are used for cutting, grinding, and polishing metals. They are also used for removing excess material from metal pieces. In Wood Processing, they are used for tasks like carving, shaping, and sanding wood. In the Construction sector, angle grinders are used for cutting and grinding construction materials like bricks, tiles, and concrete. They are also used for polishing and finishing surfaces. The 'Others' category includes uses in various other sectors like automotive, shipbuilding, and emergency rescues. The versatility of electric angle grinders makes them an essential tool in various industries.
Global Electric Angle Grinder Market Outlook:
Looking at the market outlook, the Global Electric Angle Grinder Market was valued at US$ 1854 million in 2023. It is expected to grow and reach a value of US$ 2306.1 million by 2030. This growth represents a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period from 2024 to 2030. The market is dominated by the top 3 players who hold about 40% of the global market shares. China is the leading market for electric angle grinders, holding about 60% of the global market. The Construction sector is the primary application area for these grinders, holding about 40% of the market share.
| Report Metric | Details |
| Report Name | Electric Angle Grinder Market |
| Accounted market size in 2023 | US$ 1854 million |
| Forecasted market size in 2030 | US$ 2306.1 million |
| CAGR | 3.1% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| 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 | 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 |
