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Diamond Tools Market Share

  • Report ID: GMI5798
  • Published Date: Apr 2024
  • Report Format: PDF

Diamond Tools Market Share

Key players involve in the market are Bosch, Hilti, Makita, Sumitomo Electric Industries, Ltd., and Husqvarna AB accounting market share of 8-12% in 2023. Manufacturers in the diamond tools industry are focusing on expanding their product portfolios and offering a diverse range of diamond tools. This allows manufacturers to cater to a wider customer base and capture a larger market share. Additionally, many manufacturers are also investing in establishing a strong global presence by expanding their distribution networks and partnering with local distributors in key markets.
 

Diamond Tools Market Companies

Major companies operating in the market include:

  • Asahi Diamond Industrial
  • Bosch
  • Bosun
  • Continental Diamond Tool Corporation
  • Core Plus Specialist
  • Hilti
  • Husqvarna AB
  • Makita
  • Metabo Power Tools
  • MK Diamond Products
  • Oregon Construction Business
  • OX Group International
  • Saint-Gobain
  • Sumitomo Electric Industries, Ltd.
  • Tyrolit
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for diamond tools was valued at USD 10 billion in 2023 and is set to grow at 5.9% CAGR between 2024 to 2032, due to the increasing demand from various industries.

The drilling tools type segment in the diamond tools market reached USD 5 billion in 2023 and is set to reach USD 8 billion by 2032, owing to its durability and precision.

Europe market reached USD 3 billion in 2023 and is set to exceed USD 5 billion by 2032, driven by the rise of the renewable energy sector.

Asahi Diamond Industrial, Bosch, Bosun, Continental Diamond Tool Corporation , Core Plus Specialist, Hilti, Husqvarna AB, Makita, Metabo Power Tools, MK Diamond Products among others.

Diamond Tools Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 161
  • Countries covered: 22
  • Pages: 290
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