According to the report by Expert Market Research (EMR), the global floor saw cutting equipment market size is projected to grow at a CAGR of 4.2% between 2023 and 2028. Aided by the increasing demand for precision-based cutting operations and the growing applications of floor saw cutting equipment across multiple sectors, the market is expected to grow significantly by 2028.
Floor saw cutting equipment, known for their superior precision and efficiency in cutting concrete, asphalt, masonry, and other similar materials, are primarily used in the construction industry. Apart from their principal role in cutting operations, floor saws are also notable for their robustness, durability, and ease of operation, thereby becoming an essential asset in various industrial applications, including road construction and masonry.
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The growing need for precision-based cutting operations is a major driver of the global floor saw cutting equipment market growth. With the rising standards in construction and manufacturing sectors, there has been a significant move towards the usage of floor saw cutting equipment to ensure accurate and high-quality outputs. Furthermore, their capability to perform intricate cuts with minimal waste has boosted the demand for these machines.
The broadening applications of floor saw cutting equipment in multiple sectors also play a crucial role in bolstering the floor saw cutting equipment market demand. In the construction sector, floor saws are indispensable for creating joints in concrete to prevent cracking. In road construction, these tools are used for cutting asphalt and making room for expansion and contraction due to temperature changes. Moreover, the burgeoning demand in masonry for precision cuts further fuels the market growth.
Technological advancements, particularly in the field of automation and IoT, have also contributed to the floor saw cutting equipment market expansion. Modern floor saws equipped with advanced technologies like automatic depth control and remote operation ensure more precise, efficient, and safe operations, thereby enhancing their appeal to consumers.
The increasing infrastructure development activities worldwide, especially in emerging economies, have further propelled the demand for floor saw cutting equipment. With rapid urbanisation, industrialisation, and population growth, the need for high-quality, precise cutting operations in construction and road works has surged, providing significant growth opportunities for the floor saw cutting equipment market.
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Floor Saw Cutting Equipment Market Segmentation
The market can be divided based on propulsion technology, application, and region.
Market Breakup by Propulsion Technology
- Diesel
- Petrol
- Electric
- Others
Market Breakup by Application
- Industrial Construction
- Household and Commercial Buildings
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global floor saw cutting equipment companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Husqvarna AB
- Wacker Neuson SE
- Stanley Black & Decker, Inc.
- Makita Corporation
- Saint-Gobain
- Multiquip Inc.
- Cuts Diamant 1983 srl
- Sociedad Industrial De Maquinaria Andaluza, S.A. (SIMA)
- LISSMAC Maschinenbau GmbH
- Fairport Construction Equipment Ltd.
- Others
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