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Floor Saw Market size worth over $430 Mn by 2028

  • Published Date: March 22, 2022

Floor Saw Market size is estimated to reach USD 430 million by 2028, according to a new research study published by Global Market Insights Inc.
 

The advantages of floor saws over track & wall saws are they do not require a setup time; they have a built-in engine or electric motor for power and are a very rapid cutting machine. In runways, roads, ground floors & warehouse aprons, floor saw machines are ideal. Depending on the guard and blade size, cutting depths can reach 550mm and further. Currently, some corporations are also using laser-guided machines in their workshops and warehouses to obtain accurate & straight lines.
 

Reviving the European building & construction sector

The construction industry in Europe is reviving from an economic slowdown and in some parts of the region, the sector is boosting the regional economy. Eurostat, the EU statistical agency, stated that the total seasonally adjusted construction dropped by 1.3% in August 2021 compared to the previous month. The major forces driving the sector are house building and civil engineering. In an attempt to encourage more citizens to buy houses, the mortgage rates in Europe remain low & competitive, enabling the industry to regain its pace and thereby increasing the demand for housing. Building renovations and new housing projects are estimated to boost floor saw industry growth
 

Floor Saw Market By Propulsion Technology

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Browse key industry insights spread across 180 pages with 239 market data tables & 27 figures & charts from the report, “Floor Saw Market Size, By Power (Below 15HP, 15HP – 30HP, Above 30HP), By Propulsion Technology (Diesel, Petrol, Electric), COVID-19 Impact Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/floor-saw-market

 

The above 30HP segment will witness a CAGR of over 4% in the floor saw market through 2028. Durability is a stand-out characteristic of above 30HP floor saws. Compared to other floor saws, they are incredibly durable as they have a circular steel disk and can cut up to 1,200mm concrete with segments situated on the outer edge. Higher horsepower floor saws with diamond cutting blades are fused under high heat and pressure. This increases the longevity and durability of the floor saw, which can last for years without losing its performance. Moreover, the higher engine power and torque also increase the production rate of floor saws. The above 30HP floor saws are ideally used for deeper and straighter cuts.
 

The diesel floor saws segment is anticipated to generate nearly USD 230 million revenue by 2028. Spray guns are useful in painting large areas quickly. Diesel-powered floor saws do not need an electrical source, thus making them very convenient to use anywhere including roadway construction. They are recommended for dry sawing as they usually have a dust-containment feature; however, they still produce some dust & fumes. The expansion of diesel power floor saws depends on concrete or asphalt cutting depth and the power required. The advantage of diesel engines is that they have more torque, which is more than a gas engine.
 

Asia Pacific floor saw market size valued at around USD 120 million in 2021 and is set to observe 5% gains up to 2028. Improvements in the overall economic growth are poised to support the business expansion. The Asia Pacific construction industry is the key factor augmenting the regional market growth. China plays a significant role by dominating the construction sector in this region.
 

Some of the major manufacturers in floor saw market include Wacker Neuson Group, ALTRAD Belle, Chicago Pneumatic, Diamond Products, Fairport Construction Equipment, Husqvarna AB, LISSMAC Maschinenbau GmbH, Saint-Gobain, Sima, and TYROLIT.
 

Authors: Kiran Pulidindi, Akshay Prakash