What are the Historical Developments and Current Growth Metrics of the Angle Grinder Market?
The angle grinder market has seen considerable growth due to a variety of factors.
•The growth of the angle grinder market has been consistent over the past few years. It is predicted to escalate from $3.23 billion in 2024 to $3.34 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.4%.
This uptick during the historically important period is due to factors such as an increase in construction and remodeling tasks, the escalating trend of do-it-yourself (DIY) projects, the emergence of e-commerce platforms, the lack of proficient workers in several sectors, and the expansion of the metal fabrication industry.
What Does Future Hold for The Angle Grinder Market Size?
The angle grinder market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the angle grinder market is projected to experience consistent growth, hitting $4.04 billion by 2029 with a 4.9% CAGR.
This forecast period growth is associated with factors such as a rising demand for construction and renovation, quickened pace of urbanization and industrialization, market enlargement and global diversity, the surge in popularity of DIY projects, and emphasis on sustainability. Forthcoming trends within the period include the fusion of IoT and AI technology, advances in material processing, the rising appeal of brushless motors in angle grinders, heightened focus on safety features, and the emergence of cordless angle grinders.
What Key Factors and Trends are Driving the Growth of the Angle Grinder Market?
The upsurge in construction activities is anticipated to fuel the expansion of the angle grinder market. Construction activities involve numerous tasks associated with the creation, alteration, or maintenance of structures, infrastructure, and facilities. Angle grinders equipped with metal-cutting discs are widely employed in the construction industry to sever metal elements such as pipes, rebar, steel plates, or structural components. These tools provide a swift and efficient method of executing precise cuts. As an example, the United States Census Bureau (USCB), a government entity, released reports in July 2023 indicating that expenditure on construction in February 2023 amounted to $1.84 billion. The initial two months of that year witnessed a $260.8 billion surge in construction-related investments, equating to a 5.9 percent (1.2 percent) rise from USD 246.1 billion during the same period in the previous year, 2022. Public construction contributed an investment of USD 388.0 billion, whereas private sector construction accounted for a USD 1.45 billion investment in 2022. As such, the escalating demand from the construction sector is propelling the angle grinder market's growth.
What are the Market Segments in the Angle Grinder Market?
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
Subsegments:
1) By Electric Angle Grinder: Standard Electric Angle Grinders, Variable Speed Angle Grinders, Heavy-Duty Angle Grinders
2) By Pneumatic Angle Grinder: Mini Pneumatic Angle Grinders, Heavy-Duty Pneumatic Angle Grinders, Angle Grinders With Dust Extraction
3) By Cordless Angle Grinder: 18V Cordless Angle Grinders, 20V Cordless Angle Grinders, Specialty Cordless Angle Grinders
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What Trends are Shaping the Angle Grinder Market?
The surge in creative product development is a significant trend emerging in the angle grinder market. Predominant businesses in the industry are inventing novel products to maintain their market standing. For example, in June 2023, a US firm specializing in automated tool production, ATI Industrial Automation, introduced the CGV-900 compliant angle grinder. This product presents a machinery-based alternative to manual grinding and polishing, enhancing adaptability and reducing employee safety concerns. Equipped with inherent compliance, the CGV-900 is capable of detecting imperfections in components and maintaining contact with the object being worked on. It allows operators to modify the compliance force as needed to tailor their finishing operations.
Who Are the Key Players in the Angle Grinder Market?
Major companies operating in the angle grinder market include:
• Robert Bosch GmbH
• Hitachi Ltd.
• 3M
• FLEX GmbH
• Wurth Group
• Stanley Black & Decker Inc.
• 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
• Jiangsu Guoqiang Tools Co. Ltd.
• SKIL Power Tools
• Fiamgroup
• JK Files & Engineering Limited
What are the Regional Insights into the Angle Grinder Market?
Asia-Pacific was the largest region in the angle grinder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angle grinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
