Insights Into The Angle Grinder Market’s Growth Potential 2024-2033
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Angle grinder market grew steadily from $3.14 billion in 2023 to $3.25 billion in 2024, with a 3.7% CAGR. Construction demand and IoT integration fuel growth, projected at $3.82 billion in 2028, driven by safety features and brushless motors.
Construction activities are on the rise, propelling the angle grinder market forward. These grinders are essential for cutting metal components in construction projects. In February 2023, construction investment in the US increased by $260.8 billion, reflecting a 5.9% gain over the previous year. With robust construction demand, the angle grinder market is set to expand.
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What Are The Key Trends That Influence Angle Grinder Market Share Analysis?
Innovation in the angle grinder market is gaining traction as major companies strive to maintain their market position through product development. For example, in June 2023, ATI Industrial Automation introduced the CGV-900 compliant angle grinder, offering a machine-based alternative to manual grinding and finishing. This device enhances grinding adaptability while addressing safety concerns. Featuring built-in compliance to adjust for surface irregularities, the CGV-900 allows real-time compliance force adjustments for precise finishing processes.
Which Market Players Are Driving Growth In The Angle Grinder Market?
Major companies operating in the angle grinder market report are Robert Bosch GmbH, Hitachi Ltd., 3M, FLEX GmbH, Wurth Group, Emerson Electric Co., Stanley Black & Decker Inc., Atlas Copco Group, Techtronic Industries Company Limited, Hilti Corporation, Makita Corporation, Positec Machinery Co. Ltd., Jiangsu Dongcheng Power Tools Co. Ltd., Chicago Pneumatic, AEG Power Tools, C. & E. Fein GmbH, Bosun Co. Ltd., Metabo HPT, Festool Power Tools, Walter Surface Technologies, General Tools And Instruments LLC, Jiangsu Guoqiang Tools Co. Ltd., SKIL Power Tools, Fiamgroup, JK Files & Engineering Limited.
How Is The Global Angle Grinder Market Segmented?
The angle grinder market covered in this report is segmented –
1) By Type: Electric Angle Grinder, Pneumatic Angle Grinder, Cordless Angle Grinder
2) By Distribution Channel: Online, Offline
3) By Application: Metal Processing, Wood Processing, Construction, Automotive, Aerospace, Aquaculture, Agriculture, Other Applications
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The Angle Grinder Global Market Report 2024 provides an overview of the angle grindermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The angle grinder market forecast analyzes angle grinder market size, angle grinder market share, leading competitor and their market positions.
The Table Of Content For The Angle Grinder Market Include
1. Angle Grinder Market Executive Summary
2. Angle Grinder Market Segments
3. Angle Grinder Market Size And Template Market Growth Rate
4. Key Angle Grinder Market Trends
5. Major Angle Grinder Market Drivers
……
25. Key Mergers And Acquisitions In The Angle Grinder Market
26. Top Angle Grinder Companies
27. Angle Grinder Market Opportunities And Strategies
28. Angle Grinder Market, Conclusions And Recommendations
29. Appendix
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