Floor Saw Market Size

Floor Saw Market Size

Floor Saw Market size surpassed USD 330 million in 2022 and is estimated to exhibit over 5% CAGR from 2023 to 2032. The rapidly expanding construction sector in North America will positively influence industry trends.

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Despite the devastating impact of the COVID-19 pandemic, construction activities are resuming worldwide with notable developments in residential projects in developed economies. Countries such as the U.S., and Canada witnessed a dynamic economic recovery, which fostered substantial growth in construction sectors. With an increasing focus on infrastructure development, new construction, maintenance, and repair of buildings and roads in the post-pandemic era, the demand for floor saws will rise considerably.

Availability of alternative products may impede deployment of floor saws. A wide variety of product substitutes are available such as wire saws, which are effectively used for concrete demolition, and cutting purposes. Due to their ability to cut anything from thick stonework to heavily reinforced concrete, wire saws are increasingly being used for the technical demolition of bridges and foundations. Similarly, handheld concrete saws are highly preferred by consumers as they are battery-operated and portable. The availability of substitutes that reduce noise, vibration, and dust production could restrain floor saw market growth.