Global Cut-off Tools Market Research Report Information by Tool Type, by Diameter, by Technology, by End-use Industry, and by Region

Description

List of Tables

Global Cut-off Tools Market Research Report Information by Tool Type (Grip Cut-off Tool, Angle Cut-off Tool, and Inline Cut-off Tool), by Diameter (Small, Medium, and Large), by Technology (Electric, and Pneumatic), by End-use Industry (Automotive, Aerospace, Construction, Metal Fabrication, Woodworking, Electronics, Energy & Power, and Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Forecast Till 2032

Market Overview

The cut-off tools market was valued at USD 3,212.6 million in 2023. The global cut-off tools industry is expected to increase from USD 3,212.6 million in 2023 to USD 4,904.5 million by 2032, with a compound yearly growth rate (CAGR) of 4.8% over the forecast period (2024-2032).

A cutoff tool is a sort of power tool used to cut metal, but it may also be used to cut other materials such as wood and others that require more force or accuracy. These cut off tools are easy to use with one hand and come in both corded and cordless versions.

The global cut off tools market is predicted to develop due to key reasons such as increased industrialization and manufacturing activities around the world, as well as rising demand for electric and cordless tools. In addition, high starting costs and maintenance expenses are projected to limit market expansion. On the other hand, technological developments and material innovation present attractive prospects for the Global Cut Off Tools Market throughout the forecast period.

Global industrialization and manufacturing activity are key drivers of the cut off tools industry. As industrial sectors grow and adapt, there is a greater demand for efficient cutting solutions to enable a variety of operations, including metalworking, fabrication, construction, aerospace, and automobile manufacture.

Market Segment insights

The global Cut Off Tools Market is divided into three groups based on tool type: grip cut-off tools, angle cut-off tools, and inline cut-off tools.

By diameter, the market is split into the following segments: Small, medium, and large.

Based on technology, the market is divided into two segments: electric and pneumatic.

The Market is divided into the following end user industries: automotive, aerospace, construction, metal fabrication, woodworking, electronics, energy and power, and others.

Regional insights

The Asia Pacific region encompasses China, India, Japan, South Korea, and the rest of Asia Pacific. In the Asia-Pacific area, growing infrastructure, particularly in China and India, is boosting demand for cutting tools in the construction, automotive, and other manufacturing sectors. Major businesses in India are working on expanding their distribution network to reach rural locations where cutting tool demand is increasing as a result of increased industrialization and infrastructure developments.

North America held the second biggest market share in 2023. The countries of North America include the United States, Canada, and Mexico. Several variables influence the North American cut off tool market, which is predicted to develop.

The countries in the Europe region include Germany, France, the United Kingdom, Spain, Italy, and the rest of Europe. Germany, France, and the United Kingdom are home to important automotive sectors, which employ cut off tools for a variety of metal applications such as metal cutting, fabrication, and assembly. The increase of the construction industry, where infrastructure development and urbanization result in duties such as cutting metal pipes and rods, is driving demand for cut off equipment.

The Middle East and Africa region encompasses Saudi Arabia, the UAE, South Africa, and the remainder of the Middle East and Africa. Saudi Arabia, the UAE, and South Africa are investing extensively in infrastructure projects such as building, power plants, and transportation. This surge in activity will raise demand for cutting equipment including metal fabrication, pipe cutting, and demolition.

Major Players

Bosch, Dewalt, Makita, Milwaukee Tool, Hilti, Metabo, Ridgid, 3M, Snap-on, and Bahco are among the leading participants in the global cut off tool industry.

Product Code: MRFR/IA - E/20574-HCR

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS

1. EXECUTIVE'S HANDBOOK

1.1. THE TOP PERFORMING SEGMENTS
1.2. KEY TRENDS SUMMARIZED
1.3. PRICING OUTLOOK
1.4. STRATEGIC INSIGHTS
1.5. WHO ARE THE KEY PLAYERS IN THE MARKET?

SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE

2. MARKET INTRODUCTION

2.1. DEFINITION
2.2. REPORT SEGMENTATION & SCOPE
2.3. REGIONAL & COUNTRY LEVEL COVERAGE
2.4. WHY YOU NEED THIS REPORT?

3. RESEARCH METHODOLOGY

3.1. OVERVIEW
3.2. DATA FLOW
- 3.2.1. DATA MINING PROCESS
3.3. PURCHASED DATABASE:
3.4. SECONDARY SOURCES:
- 3.4.1. SECONDARY RESEARCH DATA FLOW:
3.5. PRIMARY RESEARCH:
- 3.5.1. PRIMARY RESEARCH DATA FLOW:
- 3.5.2. PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3. PRIMARY RESEARCH: REGIONAL COVERAGE
3.6. APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1. REVENUE ANALYSIS APPROACH
3.7. DATA FORECASTING
- 3.7.1. DATA FORECASTING TECHNIQUE
3.8. DATA MODELING
- 3.8.1. MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2. DATA MODELING:
3.9. TEAMS AND ANALYST CONTRIBUTION

SECTION III: QUALITATIVE ANALYSIS

4. MARKET DYNAMICS

4.1. INTRODUCTION
4.2. GROWTH PARAMETERS MAPPED - DRIVERS
- 4.2.1. INCREASING INDUSTRIALIZATION AND MANUFACTURING ACTIVITIES GLOBALLY DRIVE THE DEMAND FOR CUT OFF TOOLS
- 4.2.2. RISING DEMAND FOR ELECTRIC AND CORDLESS TOOLS
- 4.2.3. DRIVERS IMPACT ANALYSIS
4.3. WHAT ARE THE CHALLENGES FACED BY INDUSTRY PARTICIPANTS?
- 4.3.1. HIGH INITIAL COST AND MAINTENANCE EXPENSES
- 4.3.2. RESTRAINT IMPACT ANALYSIS
4.4. OPPORTUNITIES
- 4.4.1. ADVANCEMENTS IN TECHNOLOGY AND MATERIAL INNOVATION
4.5. IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON OVERALL IAE INDUSTRY
  - 4.5.1.1 ECONOMIC IMPACT
- 4.5.2 IMPACT ON SUPPLY CHAIN
  - 4.5.2.1 IMPACT ON PRICE VARIATION OF KEY RAW MATERIALS
  - 4.5.2.2 PRODUCTION SHUTDOWN
  - 4.5.2.3 CASH FLOW CONSTRAINTS
  - 4.5.2.4 IMPACT ON IMPORT/EXPORT
- 4.5.3 IMPACT ON MARKET DEMAND
  - 4.5.3.2 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.5.3.2 CONSUMER SENTIMENTS
- 4.5.4 IMPACT ON PRICING

5. MARKET FACTOR ANALYSIS

5.1. SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1. PARTICIPANTS
- 5.1.2. VALUE PERCOLATION ACROSS THE CHAIN
- 5.1.3. INTEGRATION LEVELS
- 5.1.4. KEY ISSUES ADDRESSED
5.2. PORTER'S FIVE FORCES MODEL
- 5.2.1. BARGAINING POWER OF SUPPLIERS
- 5.2.2. BARGAINING POWER OF BUYERS
- 5.2.3. THREAT OF NEW ENTRANTS
- 5.2.4. THREAT OF SUBSTITUTES
- 5.2.5. INTENSITY OF RIVALRY

SECTION IV: QUANTITATIVE ANALYSIS

6. GLOBAL CUT-OFF TOOLS MARKET, BY TOOL TYPE

6.1. INTRODUCTION
6.2. GRIP CUT-OFF TOOL
6.3. ANGLE CUT-OFF TOOL
6.4. INLINE CUT-OFF TOOL

7. GLOBAL CUT-OFF TOOLS MARKET, BY DIAMETER

7.1. INTRODUCTION
7.2. SMALL (3" AND SMALLER THAN 3")
7.3. MEDIUM (MORE THAN 3" AND UP TO 6", INCLUDE 6")
7.4. LARGE (MORE THAN 6" AND UP TO 9", INCLUDE 9")

8. GLOBAL CUT-OFF TOOLS MARKET, BY TECHNOLOGY

8.1. INTRODUCTION
8.2. ELECTRIC
8.3. PNEUMATIC

9. GLOBAL CUT-OFF TOOLS MARKET, BY END-USER INDUSTRY

9.1. INTRODUCTION
9.2. AUTOMOTIVE
9.3. AEROSPACE
9.4. CONSTRUCTION
9.5. METAL FABRICATION
9.6. WOODWORKING
9.7. ELECTRONICS
9.8. ENERGY & POWER
9.9. OTHERS

10. GLOBAL CUT-OFF TOOLS MARKET, BY REGION

10.1. INTRODUCTION
10.2. NORTH AMERICA
- 10.2.1. U.S.
- 10.2.2. CANADA
- 10.2.3. MEXICO
10.3. EUROPE
- 10.3.1. GERMANY
- 10.3.2. FRANCE
- 10.3.3. U.K.
- 10.3.4. ITALY
- 10.3.5. SPAIN
- 10.3.6. REST OF EUROPE
10.4. ASIA PACIFIC
- 10.4.1. CHINA
- 10.4.2. JAPAN
- 10.4.3. INDIA
- 10.4.4. SOUTH KOREA
- 10.4.5. REST OF ASIA-PACIFIC
10.5. MIDDLE EAST & AFRICA
- 10.5.1. SAUDI ARABIA
- 10.5.2. UAE
- 10.5.3. SOUTH AFRICA
- 10.5.4. REST OF MEA
10.6. SOUTH AMERICA
- 10.6.1. ARGENTINA
- 10.6.2. BRAZIL
- 10.6.3. REST OF SOUTH AMERICA

SECTION V: COMPETITIVE ANALYSIS

11. COMPETITIVE LANDSCAPE

11.1. INTRODUCTION
11.2. COMPETITION DASHBOARD
11.3. COMPANY MARKET SHARE ANALYSIS,
11.4. WHO ARE THE MARKET DISRUPTORS & INNOVATORS?
11.5. WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS?
11.6. THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN THE MARKET
11.7. COMPETITIVE BENCHMARKING
11.8. PUBLIC PLAYERS STOCK SUMMARY
11.9. COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
11.10. KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.10.1. PRODUCT DEVELOPMENTS
- 11.10.2. MERGER & ACQUISITION
- 11.10.3. EXPANSION

12. COMPANY PROFILES

12.1. BOSCH
- 12.1.1. COMPANY OVERVIEW
- 12.1.2. FINANCIAL OVERVIEW
- 12.1.3. PRODUCT OFFERED
- 12.1.4. KEY DEVELOPMENTS
- 12.1.5. SWOT ANALYSIS
- 12.1.6. KEY STRATEGIES
12.2. DEWALT
- 12.2.1. COMPANY OVERVIEW
- 12.2.2. FINANCIAL OVERVIEW
- 12.2.3. PRODUCT OFFERED
- 12.2.4. KEY DEVELOPMENTS
- 12.2.5. SWOT ANALYSIS
- 12.2.6. KEY STRATEGIES
12.3. MILWAUKEE TOOL
- 12.3.1. COMPANY OVERVIEW
- 12.3.2. FINANCIAL OVERVIEW
- 12.3.3. PRODUCT OFFERED
- 12.3.4. KEY DEVELOPMENTS
- 12.3.5. SWOT ANALYSIS
- 12.3.6. KEY STRATEGIES
12.4. MAKITA
- 12.4.1. COMPANY OVERVIEW
- 12.4.2. FINANCIAL OVERVIEW
- 12.4.3. PRODUCT OFFERED
- 12.4.4. KEY DEVELOPMENTS
- 12.4.5. SWOT ANALYSIS
- 12.4.6. KEY STRATEGIES
12.5. HILTI
- 12.5.1. COMPANY OVERVIEW
- 12.5.2. FINANCIAL OVERVIEW
- 12.5.3. PRODUCT OFFERED
- 12.5.4. KEY DEVELOPMENTS
- 12.5.5. SWOT ANALYSIS
- 12.5.6. KEY STRATEGIES
12.6. METABO
- 12.6.1. COMPANY OVERVIEW
- 12.6.2. FINANCIAL OVERVIEW
- 12.6.3. PRODUCT OFFERED
- 12.6.4. KEY DEVELOPMENTS
- 12.6.5. SWOT ANALYSIS
- 12.6.6. KEY STRATEGIES
12.7. RIDGID
- 12.7.1. COMPANY OVERVIEW
- 12.7.2. FINANCIAL OVERVIEW
- 12.7.3. PRODUCT OFFERED
- 12.7.4. KEY DEVELOPMENTS
- 12.7.5. SWOT ANALYSIS
- 12.7.6. KEY STRATEGIES
12.8. 3M
- 12.8.1. COMPANY OVERVIEW
- 12.8.2. FINANCIAL OVERVIEW
- 12.8.3. PRODUCT OFFERED
- 12.8.4. KEY DEVELOPMENTS
- 12.8.5. SWOT ANALYSIS
- 12.8.6. KEY STRATEGIES
12.9. SNAP-ON
- 12.9.1. COMPANY OVERVIEW
- 12.9.2. FINANCIAL OVERVIEW
- 12.9.3. PRODUCT OFFERED
- 12.9.4. KEY DEVELOPMENTS
- 12.9.5. SWOT ANALYSIS
- 12.9.6. KEY STRATEGIES
12.10. BAHCO
- 12.10.1. COMPANY OVERVIEW
- 12.10.2. FINANCIAL OVERVIEW
- 12.10.3. PRODUCT OFFERED
- 12.10.4. KEY DEVELOPMENTS
- 12.10.5. SWOT ANALYSIS
- 12.10.6. KEY STRATEGIES

13. RECOMMENDATIONS & EXPERT INSIGHTS

13.1. WHAT IS THE SHORT-TERM VS LONG-TERM OUTLOOK FOR MARKET?
13.2. WHO ARE THE PLAYERS TO LOOK OUT FOR?
13.3. WHAT WILL THE PRODUCT MIX LOOK IN COMING YEARS?

14. MRFR OFFERINGS & TEAM

14.1. CITATIONS & MEDIA
14.2. OUR REGIONAL REPRESENTATIVES
14.3. RELATED REPORTS
14.4. OUR DOMAIN COVERAGE