Angle grinder Market Size - By Product Type (Electric Angle Grinder, Pneumatic Angle Grinder, Cordless Angle Grinder), By Application (Metal Processing, Wood Processing, Construction, Automotive, Others), By Distribution Channel (Online, Offline), & Forecast, 2024 – 2032

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Industrial-Machinery | Format: Report available in PDF / Excel Format

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Angle grinder Market Size - By Product Type (Electric Angle Grinder, Pneumatic Angle Grinder, Cordless Angle Grinder), By Application (Metal Processing, Wood Processing, Construction, Automotive, Others), By Distribution Channel (Online, Offline), & Forecast, 2024 – 2032

Angle grinder Market Size

Angle Grinder Market was valued at USD 3.07 billion in 2023 and is anticipated to register a CAGR of 3.8% during 2024 to 2032. With urbanization and infrastructure development projects taking place worldwide, there's a growing demand for angle grinders in tasks such as cutting, grinding, polishing, and shaping various construction materials like concrete, metal, and stone. Angle grinders find applications across various industries, including construction, metalworking, automotive, and woodworking. Their versatility makes them indispensable tools in industrial settings, thereby driving the demand for industrial tools overall.

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Additionally, integration of digital features and automation capabilities in industrial tools, including angle grinders, enhances efficiency and productivity in industrial operations. As industries embrace Industry 4.0 technologies, there's a growing demand for advanced tools that can seamlessly integrate into automated workflows. With the growth in infrastructure projects globally, there is a corresponding increase in demand for angle grinders and other industrial tools. In addition, Emerging economies, particularly in Asia Pacific and Latin America, are witnessing rapid urbanization and industrialization, driving the demand for angle grinders. Manufacturers are expanding their presence in these regions to capitalize on market opportunities.
 

Angle Grinder Market Report Attributes
Report Attribute Details
Base Year 2023
Angle Grinder Market Size in 2023 USD 3.07 Billion
Forecast Period 2024 - 2032
Forecast Period 2024 - 2032 CAGR 3.8%
2032 Value Projection USD 4.46 Billion
Historical Data for 2021 - 2023
No. of Pages 181
Tables, Charts & Figures 212
Segments covered Product Type, Application, and Distribution Channel
Growth Drivers
  • Industrialization and infrastructure development
  • Expansion of the manufacturing sector
  • Growth in metalworking industry
Pitfalls & Challenges
  • Noise and vibration
  • Safety concerns

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Angle grinders can be dangerous if not used properly. There have been instances of accidents and injuries related to their misuse, leading to concerns among consumers and regulatory bodies. Safety regulations and guidelines must be strictly followed, which could affect market growth as users may opt for safer alternatives. Angle grinders generate significant noise and vibration during operation, which can lead to discomfort for users and potentially cause health issues with prolonged exposure. This factor might limit their use in certain environments or industries where noise regulations are strict, or where worker safety is a top priority.

Additionally, the manufacturing and disposal of angle grinders can have adverse effects on the environment. This includes the use of materials, energy consumption during production, and the disposal of worn-out or damaged units. With increasing environmental awareness and regulations, manufacturers are under pressure to develop more eco-friendly products, which could increase production costs.

Angle grinder Market Trends

Angle grinders got a major upgrade! Now they have snazzy motors that work better, comfy designs that make them easier to hold, and built-in safety features to keep workers protected. No wonder industries are lining up to get their hands on these new tools! Plus, with safety being a top priority in workplaces these days, companies want tools like angle grinders that can keep their crews safe and meet all the rules. It's like a win-winbetter tools mean happier, more productive workers. And guess what? Angle grinders are even showing up in automated factories, where they help make products faster, more precisely, and with fewer accidents. Talk about a perfect fit!

Additionally, safety remains a paramount concern in industrial settings. Manufacturers are investing in the development of angle grinders with advanced safety features like automatic shut-off mechanisms, vibration reduction, and enhanced guard systems to minimize the risk of accidents and injuries. There's a growing emphasis on eco-friendly manufacturing practices and products. Some manufacturers are introducing angle grinders with lower energy consumption, reduced emissions, and recyclable materials to align with sustainability goals.

Angle grinder Market Analysis

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In 2023, the electric angle grinder market was booming, hitting a whopping 1.85 billion dollars. And guess what? It's only going to get bigger, with experts predicting it'll reach a staggering 2.66 billion dollars by 2032. These electric grinders are like the Swiss Army knives of tools. They're so versatile, you can use them for everything from slicing through metal to polishing up your car. No wonder they're the go-to choice for construction workers, metalworkers, and even car enthusiasts. And here's the kickerthese electric grinders aren't just versatile; they're powerful workhorses too. They've got the juice to tackle even the toughest jobs, and they'll keep going strong without breaking a sweat. Safety first! These grinders come with built-in safety features like blade guards and kickback reduction, so you can use them with confidence. They're also designed to be comfortable to hold, so you can work all day without getting sore hands.

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When it comes to metalworking, angle grinders are like the Swiss Army knife of power tools. They're super versatile and can handle all sorts of tasks, like cutting, grinding, polishing, and even removing burrs. That's why they're so popular in metalworking shops and construction sites. And here's the cool partangle grinders are pretty fast, so you can get the job done quickly and efficiently. This makes them really productive tools for working with metal. Plus, they're not too expensive compared to other power tools, so they're a great option for both hobbyists and professionals alike. So, if you're into metalworking, an angle grinder should definitely be in your toolbox. It's the perfect tool for getting the job done right, and it won't break the bank.

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Hey there! Did you know that in 2023, the angle grinder market in Asia Pacific was worth over a billion US dollars? That's a lot of grinders! So, why is Asia Pacific such a popular spot for angle grinder production? Well, there are a few reasons. First off, labor costs are lower there. The governments also give businesses a helping hand with supportive policies. And finally, there's a boom in construction and infrastructure development going on. You see, countries like China and India are growing fast, with lots of new cities and industries popping up. That means they're building a lot of stuff, from roads and bridges to factories and homes. And what do you need for all that? Angle grinders! They're like the Swiss Army knives of construction, used for cutting, grinding, and polishing. So, as the construction industry in Asia Pacific continues to grow, so will the demand for angle grinders. It's a win-win situation for businesses and for the region's development.

U.S. is likely to dominate in North America angle grinder market with a growing CAGR of 3.9% through 2032. The U.S. has a well-established manufacturing infrastructure, including advanced machinery and skilled labor, enabling efficient production of angle grinders. This infrastructure contributes to the competitiveness of U.S.-based angle grinder manufacturers in terms of quality and cost. The U.S. is a hub for technological innovation, and this extends to the tools and machinery industry. American companies often invest heavily in research and development, leading to the creation of cutting-edge angle grinder models that attract customers both domestically and internationally.

Germany is likely to dominate in Europe angle grinder market. Germany has strict standards and regulations governing the manufacturing and safety of industrial equipment. German angle grinder manufacturers adhere to these standards rigorously, ensuring that their products meet or exceed the necessary requirements for performance and safety. Germany has a strong reputation for producing high-quality industrial machinery and tools. This reputation has been built over decades of consistent delivery of reliable products that meet the needs of professionals and DIY enthusiasts alike.

China is likely to dominate in Asia pacific angle grinder market. Chinese manufacturers often offer angle grinders at lower prices compared to their counterparts in other APAC countries or regions. This cost advantage makes Chinese products more attractive to consumers and businesses alike, driving market dominance. The Chinese government has implemented various policies and initiatives to support the manufacturing sector, including subsidies, tax incentives, and infrastructure development. These measures encourage innovation, investment, and expansion within the angle grinder industry, strengthening China's position in the APAC market.

Angle Grinder Market Share

These prominent companies are proactively involved in strategic endeavors including mergers & acquisitions, facility expansion, and partnerships to diversify their product offerings, expand their customer reach, and solidify their market position. Together, the top five mentioned companies collectively occupied around 5% to 10% of the global market share in 2023. They consistently allocate resources to research & development, enhancing their products and integrating innovative technologies to maintain a competitive edge.

Angle Grinder Market Companies

Major players operating in the angle grinder industry include -

  • Bosch
  • Bosun
  • Devon
  • Dongcheng Tools
  • Fein
  • Guoqiang Tools
  • Hilti
  • Hitachi
  • Ken Tools
  • Makita
  • Milwaukee Tool (TTI)
  • Positec Machinery
  • Stanley Black & Decker
  • TTI
  • Wurth

Angle Grinder Industry News

  • In July 2023, the United States Census Bureau (USCB) reported that construction expenditure in February 2023 totaled $1.84 million. During the first two months of that year, construction investment saw a notable increase of $260.8 million, representing a gain of 5.9% (1.2%) compared to the $246.1 million spent during the equivalent period in 2022.
  • In May 2023, the European Automobile Manufacturers Association announced that global motor vehicle production in 2022 reached 85.4 million units, marking a notable 5.7% increase from the previous year. Moreover, as per Brand Finance plc's report in February 2022, the automobile sector witnessed approximately 78-million-unit sales, indicating a significant 10% rise. Consequently, the surge in demand within the automotive industry is driving the growth of the angle grinder market.
  • In March 2022, Bouygues Construction SA, a French construction company specializing in angle grinders, initiated a partnership with C. And E. Fein GmbH. The goal of this collaboration is to create an advanced angle grinder tailored for construction sites, emphasizing safety enhancements through a cordless design. This innovative grinder will boast a power drive motor that is 30% more efficient than traditional 1,100-watt corded machines, contributing to elevated safety standards on construction sites.
  • In February 2021, Makita U.S.A., Inc., a power tool manufacturer based in the United States, introduced X-LOCK angle grinders. These innovative grinders facilitate accessory changes five times faster than traditional systems, providing users with enhanced convenience and efficiency. They are compatible with a wide range of premium accessories such as diamond blades, grinding wheels, cut-off wheels, flap discs, and wire brushes, all specifically engineered for use with X-LOCK angle grinders.

This angle grinder market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) and volume (Million Units) from 2021 to 2032, for the following segments

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Market, By Product Type 

 

  • Electric Angle Grinder
  • Pneumatic Angle Grinder
  • Cordless Angle Grinder

Market, By Application

  • Metal Processing
  • Wood Processing
  • Construction
  • Automotive
  • Others (aerospace, agriculture, and aquaculture. etc.)

Market, By Distribution Channel

  • Online
  • Offline

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia    
    • Indonesia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

 

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