PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1756377
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1756377
The global power cutter market is expected to grow at a CAGR of 3.58% from 2024 to 2030.
POWER CUTTER MARKET NEWS
KEY TAKEAWAYS
POWER CUTTER MARKET TRENDS
MARKET DRIVERS
INDUSTRY RESTRAINTS
POWER CUTTER MARKET SEGMENTATION INSIGHTS
INSIGHTS BY CUTTER TYPE
In 2024, the ring cutter segment accounted for the largest global power cutter market share of over 63%. A ring cutter is a power cutting tool that is specialized for deep and accurate cuts in abrasive materials such as concrete, stone, and metal. A ring cutter uses a ring-shaped blade that revolves on a central drive mechanism, enabling one to cut deeper without being constrained by a central arbor. Ring cutters have cutting depths of up to 325 mm, which are higher than those of conventional disc cutters. The structure enables deep cuts from one side without the necessity of access on both sides of the material. These are ideal for cutting reinforced concrete, stone, and metal. The vendors are continuously developing the ring cutter with emphasis placed on power output upgrade, vibration mitigation, and increased versatility of use. Some vendors like STIHL, Makita, and Husqvarna provide anti-vibration devices for the comfort of users.
INSIGHTS BY POWER SOURCE
The battery-powered cutters segment shows significant growth, with the fastest-growing CAGR of 4.55% during the forecast period. Battery-powered power cutters are powered by rechargeable lithium-ion batteries. They are typically cordless, portable, and designed to reduce emissions and maintenance. Stricter global and regional limits on carbon emissions, especially in developed regions like North America and Europe, are forcing industries to go for greener choices. Zero direct emissions are provided by battery-powered cutters, and therefore, they are highly appealing to be utilized in urban or indoor developments when gas-powered equipment is restricted due to air quality and safety laws. Contractors and construction personnel are increasingly calling for cordless tools due to the convenience and flexibility of use, as well as productivity. Battery-powered cutters eliminate the fuel, hoses, or cables, which saves time setting up and provides access to remote or cramped areas such as basements, rooftops, or tunnels where hoses and cords are not practical, thus helping segmental growth.
INSIGHTS BY END-USERS
By end-users, the industrial segment dominates and holds the largest share of the global power cutter market. The industrial segment comprises large-scale industries that require high-performance power cutters for various operations. The industrial segment is the largest consumer base for power cutters because of the intense, heavy-scale, and precision-oriented cutting requirements across various segments such as construction, aerospace, automotive, shipbuilding, energy, and electronics, where cutting solutions are critical for productivity and safety. Construction is the largest consumer of power cutters. Power cutters are utilized to cut concrete, masonry, steel rods (rebar), asphalt, bricks, and pipes in the process of building construction, road construction, and demolition work. The Husqvarna K970 Ring Cutter is extensively utilized on construction sites to cut heavy concrete, floors and walls, pipes, blocks, curbstones, and pavers. Other principal industries like the marine industry and shipbuilding, the energy industry, and electronics require power cutters to be used in a range of applications. ICS Hydraulic Chain Cutters find usage in the marine industry for their capacity for deep cutting as well as for working in wet or submerged conditions.
POWER CUTTER MARKET GEOGRAPHICAL ANALYSIS
North America is the leading global power cutter market with the largest share of over 30%, fueled by robust infrastructure growth, industrial safety standards at high levels, and a mature construction equipment landscape. Early adoption of technology, high-performance, and ergonomic tool preferences, and increased movement towards battery-powered and eco-friendly cutting machines characterize the region.
The U.S. power cutter market is one of the most technologically developed and mature in the globe. It is a major driver of the overall North American market owing to high demand from the construction, infrastructure, emergency services, manufacturing, and utility industries. There is a compelling transition from gasoline-powered to cordless electric power cutters motivated by emissions rules and the need for cleaner, quieter tools. The trend of rising preference for ergonomically designed, low-vibration tools to reduce operator fatigue and injury risk is boosting the market for ergonomically designed power cutters.
The PAC region shows prominent growth, with the highest CAGR of 4.59% during the forecast period. The APAC region, particularly countries like China, India, Indonesia, and Vietnam, is undergoing tremendous infrastructure development, one of the major demand drivers for power cutters. Rapid industrialization in APAC is rapidly driving demand for industrial-scale power cutters, especially from production hubs such as India, China, Vietnam, and Thailand. According to China Briefing, as of 2024, China accounts for nearly 30% of global manufacturing production, ranking China the world's largest manufacturing powerhouse.
The APAC region is experiencing rapid uptake of advanced power cutters due to the increasing significance of workplace safety, efficiency, and sustainability. With improvements in regional power grids and more affordable battery technology, electric cutters are gaining ground over traditional petrol-based cutters, especially in urban and environmentally conscious regions.
POWER CUTTER MARKET VENDOR LANDSCAPE
The global power cutter market report consists of exclusive data on 30 vendors. The market is moderately to highly competitive, with a mix of global giants and regional players. Major players such as Husqvarna, Makita, Robert Bosch, STIHL, Techtronic Industries, etc. are dominating the market, mostly in developed markets like North America, Europe, and some parts of APAC. The market is showing an inclination towards battery-powered cutters owing to their lower noise, no emissions, and increasing power capacity. The innovation in Li-ion batteries with brushless motors offers longer life and better torque.
The market experiences challenges due to regulatory pressure, safety risks, and challenges with gas-powered tools. The risk of workplace accidents and resistance to adopting advanced tools that require trained users impact the growth of the power cutters. Manufacturers are focusing on reducing vibration, improving weight distribution, and enhancing operator comfort, especially for long-duration cutting. Husqvarna K 770 features a SmartTension system for optimal belt tensioning and anti-vibration handles to reduce fatigue.
Key Vendors
Other Prominent Vendors
SEGMENTATION & FORECASTS
KEY QUESTIONS ANSWERED:
CHAPTER - 1: Global Power Cutter Market Overview
CHAPTER - 2: Global Power Cutter Market Segmentation Data
CHAPTER - 3: Global Power Cutter Market Prospects & Opportunities
CHAPTER - 4: Global Power Cutter Market Overview
CHAPTER - 5: Appendix