Floor Saw Market size is projected to exceed USD 540 million by 2032, according to recent research report by Global Market Insights Inc.
Rapid recovery in the building and construction sector of Europe will have a positive influence on the industry dynamics. A promising post-pandemic construction and building outlook in countries such as the U.K., France, and Italy will offer lucrative scope for manufacturers and suppliers. According to Eurostat, between December 2021 to January 2022, the construction output in Europe witnessed a 3.9% growth. Floor saw has extensive residential and commercial building construction applications.
Technological advancements and innovation in the field of construction and masonry have shifted user preference from high-power machinery to high-safety equipment. For instance, vacuum dust collection tools are being used in masonry cutting work to eliminate silica and dust respiration with a significant reduction in the harmful impacts. These systems can effectively incorporate hoses, shrouds, hoods, and vacuum into saw components. Such advancements will augment the further development of floor saw market.
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Dust-control features to drive demand for below 15HP floor saws
The below 15HP floor saw industry size is expected to reach over USD 177 million by 2032. Growing demand for below 15HP floor saws can be attributed to benefits such as easy portability and handling, and less noise production as compared to high-power saws used to cut concrete. A wide variety of diamond saw blades are available offering the removal of excess slurry and relatively lesser dust generation during cutting processes. Advancements in the design and model of floor saws capable of cutting depths are allowing product applications.
Browse key industry insights spread across 205 pages with 263 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) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023 - 2032”, in detail along with the table of contents:
Sustainability trends to propel adoption of battery-powered floor saws
Electric floor saw market is anticipated to record 5% CAGR between 2023 and 2032. Electric saws are gaining significant demand as they are environmentally friendly, user-friendly, convenient, and faster than traditional saws. Recent breakthroughs in electrification and battery-powered concrete saws are introducing a new generation of cordless equipment for concrete cutting. Additionally, growing efforts to reduce the consumption of fossil fuels such as petrol and diesel will proliferate the espousal of electric floor saws.
Booming construction sector to favor North America industry outlook
North America floor saw market is poised to cross USD 76 million by the end of 2032. Rising construction activities across residential and commercial sectors in the U.S., and Canada will augment the industry expansion in the region. Moreover, the regional real estate business is picking pace as pandemic-related losses start to recover, thus increasing the number of repair and maintenance construction works. Residential infrastructure projects are also gaining momentum, which will help consolidate a sustainable floor saws demand.
New deals and agreements by leading players to define competitive landscape
Altrad Belle, Saint-Gobain S.A., Diamond Products, Fairport Construction Equipment, Chicago Pneumatic, Husqvarna AB, LISSMAC Maschinenbau GmbH, Saint-Gobain S.A., SIMA SA, Tyrolit, Wacker Neuson SE are some of the k companies in the global floor saw industry. These participants are focusing on potential deals and agreements to expand their business presence.