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2021
Tile Cutting Machine Market

Tile Cutting Machine Market - Opportunity Analysis and Industry Forecast, 2020–2027

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Dec 2021 | 344 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Tile Cutting Machine Market Outlook - 2027

Tile cutter machine is also known as power cutter, quick cut, slab saw, cut-off saw, road saw, or con saw. It cuts concrete, tiles, asphalt, brick, and other hard & solid materials. The concrete saw has a tough diamond circular blade for cutting. A concrete saw is generally used for cutting, reshaping, and resizing various hard construction materials such as natural stone and masonry; and reinforced tile cutter can be used both for indoor and outdoor applications. In a concrete saw, the cutting operation is performed by the rotation of the diamond blade. A magnesium blade guard protects the diamond blade from damage. The speed of the diamond blade is measured in revolutions per minute (RPM). Furthermore, a concrete saw is used in the construction industry for cutting concrete walls and bricks. These cutters are used in road construction for cutting over surfaces of concrete and asphalt. They are used in sewerage work for cutting plastic pipes, concrete, and metal cutting. Increase in both residential and commercial construction across the world escalates the demand for concrete saws. In addition, they are also used in pavement laying to cut paving slabs and curbstones to size. Rise in pavement laying work increases the demand for concrete saws. In emerging economies, such as Asia-Pacific, there is rise in construction activities both for residential and commercial purposes. Therefore, China and India are the major countries in Asia-Pacific, which increase the demand for concrete saws in the region.

Market scope and structure analysis:

             Report Metric

                                      Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD Million)

  Segments covered

  Type, Application, End-user industry

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Husqvarna Group, Makita Corporation, Hilti Corporation, Andreas Stihl AG & Company KG, Saint-Gobain, Stanley Black & Decker, Inc., and MK Diamond Products Inc.

 

COVID-19 scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the tile cutting machine market, owing to the prolonged lockdown in major countries. This has hampered the growth of the tile cutting machine market significantly from the last few months, and is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020, and is likely to cause a negative impact on the market growth during the year.
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries, including the U.S., Germany, Italy, the UK, and China, which are badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Tile cutting machine is used for cutting and reshaping in the construction industry. Its high demand is a driving factor for the market. 

  • Rise in demand for commercial construction projects

The growing commercial sector construction projects, increase in preference for installation of vitrified tiles for superior aesthetics, low maintenance cost, and durability are expected to increase the demand for tiles and drive the growth of the tile cutter market over the forecast period. Key players involved in providing tile cutters focus on various strategies for production, promotion, and positioning, such as launching of new prototypes, to expand their geographical presence. Such factors are expected to increase the demand for tile cutters during the forecast period. In terms of product type, electric type tile cutters are expected to catapult over the sales of manual-based tile cutters. Furthermore, energy conservation by the tile cutter machine is being considered by the manufacturers during the product design.

  • Increase in demand for traditional wooden flooring 

Increase in demand for traditional wooden flooring in several countries hampers the demand for tile cutters in the concerned regional markets. The availability of substitute flooring materials being equally economical and durable, such as vinyl, textile, and PU, may hinder the growth of tile cutter market. Nowadays, people prefer traditional designs of flooring, which has led to the increase in demand for the product. 

Key segments covered:

           Segments

                              Sub-segments

  Type

  • Alumina-Magnesia-Carbon Brick
  • Magnesia-Alumina Carbon Brick
  • Magnesia-Calcium-Carbon Brick

  Application

  • Converter
  • AC Electric Arc Furnace
  • DC Arc Furnace
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the tile cutting machine market along with the current trends and future estimations to determine the future of the market.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the tile cutting machine market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the tile cutting machine market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
 
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