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Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 212
Countries covered: 23
Pages: 181
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Angle grinder Market
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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.
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 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.