The angle grinder market size has grown steadily in recent years. It will grow from $3.14 billion in 2023 to $3.25 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The expansion observed during the historical period can be ascribed to an increase in construction and renovation endeavors, a heightened prevalence of do-it-yourself (DIY) projects, the emergence of e-commerce platforms, a scarcity of skilled labor across various industries, and the flourishing growth of the metal fabrication sector.
The angle grinder market size is expected to see steady growth in the next few years. It will grow to $3.82 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The anticipated growth in the forecast period can be linked to a rising need for construction and renovation, swift urbanization and industrialization, market expansion with global diversity, a surge in the popularity of do-it-yourself (DIY) projects, and a heightened focus on sustainable activities. Key trends expected in the forecast period encompass the incorporation of IoT and AI technologies, progress in material processing, a growing preference for brushless motors in angle grinders, an increased emphasis on safety features, and the advancement of cordless angle grinders.
The anticipated surge in the angle grinder market is expected to be driven by the increasing demand for construction activities. Construction activities encompass a broad spectrum of operations involved in the creation, modification, or repair of structures, infrastructure, and facilities. Angle grinders equipped with metal-cutting discs are frequently utilized in construction projects for cutting metal components such as pipes, rebar, steel plates, or structural parts, providing a fast and efficient method for precise cuts. For example, as per reports from the United States Census Bureau (USCB) in July 2023, the expenditure on construction in February 2023 amounted to $1.84 billion. In the initial two months of that year, construction investment increased by $260.8 billion, marking a 5.9% (1.2%) gain over the $246.1 billion spent during the same period in 2022. Public construction made an investment of $388.0 billion, while private construction invested $1.45 billion in 2022. Consequently, the escalating demand for construction is propelling the growth of the angle grinder market.
The burgeoning demand in the automotive industry is anticipated to drive the growth of the angle grinder market. The automotive industry encompasses the design, development, manufacturing, marketing, and sales of vehicles. Angle grinders play a crucial role in various processes within the automotive industry, including metal fabrication, bodywork, repair, maintenance, and customization, handling a diverse range of materials. Notably, in May 2023, the European Automobile Manufacturers Association reported that the global production of motor vehicles in 2022 reached 85.4 million units, showing a significant 5.7% increase compared to 2021. Additionally, according to Brand Finance plc in February 2022, the automobile sector achieved approximately 78 million unit sales, indicating a substantial 10% increase. Hence, the growing demand in the automotive industry is fueling the expansion of the angle grinder market.
The angle grinder market is witnessing a significant trend towards innovative products, with major companies actively engaged in the development of such solutions to maintain their market standing. A case in point is ATI Industrial Automation, a US-based manufacturer of automated tools, which introduced the CGV-900 compliant angle grinder in June 2023. This grinder serves as a machine-based alternative to manual grinding and finishing, enhancing adaptability in the grinding process while addressing safety concerns for employees. The CGV-900 incorporates built-in compliance, allowing the device to accommodate surface flaws in parts and maintain contact with the workpiece. Users have the flexibility to adjust compliance force in real-time to suit their finishing procedures.
Prominent companies in the angle grinder market are strategically focusing on introducing next-generation solutions, such as the quick-change system, to gain a competitive advantage. The quick-change system facilitates the swift and efficient exchange of components, tools, or parts within a larger system. For example, in February 2021, Makita U.S.A., Inc., a US-based power tool manufacturer, launched X-LOCK angle grinders. These grinders enable five times faster accessory changes compared to traditional systems, offering convenience and efficiency for users. Compatible with a variety of premium accessories, including diamond blades, grinding wheels, cut-off wheels, flap discs, and wire brushes, specifically designed for use with X-LOCK angle grinders, these products are available in both cordless and corded models, providing versatility and performance across a broad spectrum of grinding and cutting applications.
In March 2022, Bouygues Construction SA, a France-based construction company that supplies angle grinders, entered into a partnership with C. And E. Fein GmbH. This collaboration aims to develop a high-safety angle grinder for construction sites, elevating safety standards with a cordless design and featuring a power drive motor that is 30% more efficient than a 1,100-watt corded machine. C. And E. Fein GmbH, a Germany-based machine industry company, specializes in providing angle grinders.
Major companies operating in the angle grinder market report are Robert Bosch GmbH, Hitachi Ltd., 3M, FLEX GmbH, Wurth Group, Emerson Electric Co., Stanley Black & Decker Inc., Atlas Copco Group, Techtronic Industries Company Limited, Hilti Corporation, Makita Corporation, Positec Machinery Co. Ltd., Jiangsu Dongcheng Power Tools Co. Ltd., Chicago Pneumatic, AEG Power Tools, C. & E. Fein GmbH, Bosun Co. Ltd., Metabo HPT, Festool Power Tools, Walter Surface Technologies, General Tools And Instruments LLC, Jiangsu Guoqiang Tools Co. Ltd., SKIL Power Tools, Fiamgroup, JK Files & Engineering Limited.
Asia-Pacific was the largest region in the angle grinder market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angle grinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the angle grinder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of angle grinders include electric angle grinders, pneumatic angle grinders, and cordless angle grinders. Electric angle grinders, specifically powered by electricity, find extensive use in cutting various materials such as metal, stone, concrete, or tiles. They are widely distributed through both online and offline channels, catering to applications such as metal processing, wood processing, construction, automotive, aerospace, aquaculture, agriculture, and more.
The angle grinder research report is one of a series of new reports that provides angle grinder market statistics, including the angle grinder industry's global market size, regional shares, competitors with angle grinder market share, detailed angle grinder market segments, market trends and opportunities, and any further data you may need to thrive in the angle grinder industry. This angle grinder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The angle grinder market consists of sales of grinding wheels, cut-off wheels, flap discs, wire wheels, diamond discs, strip discs, corded angle grinders, and ceramic sanding discs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The angle grinder market size is expected to see steady growth in the next few years. It will grow to $3.82 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The anticipated growth in the forecast period can be linked to a rising need for construction and renovation, swift urbanization and industrialization, market expansion with global diversity, a surge in the popularity of do-it-yourself (DIY) projects, and a heightened focus on sustainable activities. Key trends expected in the forecast period encompass the incorporation of IoT and AI technologies, progress in material processing, a growing preference for brushless motors in angle grinders, an increased emphasis on safety features, and the advancement of cordless angle grinders.
The anticipated surge in the angle grinder market is expected to be driven by the increasing demand for construction activities. Construction activities encompass a broad spectrum of operations involved in the creation, modification, or repair of structures, infrastructure, and facilities. Angle grinders equipped with metal-cutting discs are frequently utilized in construction projects for cutting metal components such as pipes, rebar, steel plates, or structural parts, providing a fast and efficient method for precise cuts. For example, as per reports from the United States Census Bureau (USCB) in July 2023, the expenditure on construction in February 2023 amounted to $1.84 billion. In the initial two months of that year, construction investment increased by $260.8 billion, marking a 5.9% (1.2%) gain over the $246.1 billion spent during the same period in 2022. Public construction made an investment of $388.0 billion, while private construction invested $1.45 billion in 2022. Consequently, the escalating demand for construction is propelling the growth of the angle grinder market.
The burgeoning demand in the automotive industry is anticipated to drive the growth of the angle grinder market. The automotive industry encompasses the design, development, manufacturing, marketing, and sales of vehicles. Angle grinders play a crucial role in various processes within the automotive industry, including metal fabrication, bodywork, repair, maintenance, and customization, handling a diverse range of materials. Notably, in May 2023, the European Automobile Manufacturers Association reported that the global production of motor vehicles in 2022 reached 85.4 million units, showing a significant 5.7% increase compared to 2021. Additionally, according to Brand Finance plc in February 2022, the automobile sector achieved approximately 78 million unit sales, indicating a substantial 10% increase. Hence, the growing demand in the automotive industry is fueling the expansion of the angle grinder market.
The angle grinder market is witnessing a significant trend towards innovative products, with major companies actively engaged in the development of such solutions to maintain their market standing. A case in point is ATI Industrial Automation, a US-based manufacturer of automated tools, which introduced the CGV-900 compliant angle grinder in June 2023. This grinder serves as a machine-based alternative to manual grinding and finishing, enhancing adaptability in the grinding process while addressing safety concerns for employees. The CGV-900 incorporates built-in compliance, allowing the device to accommodate surface flaws in parts and maintain contact with the workpiece. Users have the flexibility to adjust compliance force in real-time to suit their finishing procedures.
Prominent companies in the angle grinder market are strategically focusing on introducing next-generation solutions, such as the quick-change system, to gain a competitive advantage. The quick-change system facilitates the swift and efficient exchange of components, tools, or parts within a larger system. For example, in February 2021, Makita U.S.A., Inc., a US-based power tool manufacturer, launched X-LOCK angle grinders. These grinders enable five times faster accessory changes compared to traditional systems, offering convenience and efficiency for users. Compatible with a variety of premium accessories, including diamond blades, grinding wheels, cut-off wheels, flap discs, and wire brushes, specifically designed for use with X-LOCK angle grinders, these products are available in both cordless and corded models, providing versatility and performance across a broad spectrum of grinding and cutting applications.
In March 2022, Bouygues Construction SA, a France-based construction company that supplies angle grinders, entered into a partnership with C. And E. Fein GmbH. This collaboration aims to develop a high-safety angle grinder for construction sites, elevating safety standards with a cordless design and featuring a power drive motor that is 30% more efficient than a 1,100-watt corded machine. C. And E. Fein GmbH, a Germany-based machine industry company, specializes in providing angle grinders.
Major companies operating in the angle grinder market report are Robert Bosch GmbH, Hitachi Ltd., 3M, FLEX GmbH, Wurth Group, Emerson Electric Co., Stanley Black & Decker Inc., Atlas Copco Group, Techtronic Industries Company Limited, Hilti Corporation, Makita Corporation, Positec Machinery Co. Ltd., Jiangsu Dongcheng Power Tools Co. Ltd., Chicago Pneumatic, AEG Power Tools, C. & E. Fein GmbH, Bosun Co. Ltd., Metabo HPT, Festool Power Tools, Walter Surface Technologies, General Tools And Instruments LLC, Jiangsu Guoqiang Tools Co. Ltd., SKIL Power Tools, Fiamgroup, JK Files & Engineering Limited.
Asia-Pacific was the largest region in the angle grinder market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angle grinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the angle grinder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of angle grinders include electric angle grinders, pneumatic angle grinders, and cordless angle grinders. Electric angle grinders, specifically powered by electricity, find extensive use in cutting various materials such as metal, stone, concrete, or tiles. They are widely distributed through both online and offline channels, catering to applications such as metal processing, wood processing, construction, automotive, aerospace, aquaculture, agriculture, and more.
The angle grinder research report is one of a series of new reports that provides angle grinder market statistics, including the angle grinder industry's global market size, regional shares, competitors with angle grinder market share, detailed angle grinder market segments, market trends and opportunities, and any further data you may need to thrive in the angle grinder industry. This angle grinder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The angle grinder market consists of sales of grinding wheels, cut-off wheels, flap discs, wire wheels, diamond discs, strip discs, corded angle grinders, and ceramic sanding discs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Angle Grinder Market Characteristics3. Angle Grinder Market Trends and Strategies32. Global Angle Grinder Market Competitive Benchmarking33. Global Angle Grinder Market Competitive Dashboard34. Key Mergers and Acquisitions in the Angle Grinder Market
4. Angle Grinder Market - Macro Economic Scenario
5. Global Angle Grinder Market Size and Growth
6. Angle Grinder Market Segmentation
7. Angle Grinder Market Regional and Country Analysis
8. Asia-Pacific Angle Grinder Market
9. China Angle Grinder Market
10. India Angle Grinder Market
11. Japan Angle Grinder Market
12. Australia Angle Grinder Market
13. Indonesia Angle Grinder Market
14. South Korea Angle Grinder Market
15. Western Europe Angle Grinder Market
16. UK Angle Grinder Market
17. Germany Angle Grinder Market
18. France Angle Grinder Market
19. Italy Angle Grinder Market
20. Spain Angle Grinder Market
21. Eastern Europe Angle Grinder Market
22. Russia Angle Grinder Market
23. North America Angle Grinder Market
24. USA Angle Grinder Market
25. Canada Angle Grinder Market
26. South America Angle Grinder Market
27. Brazil Angle Grinder Market
28. Middle East Angle Grinder Market
29. Africa Angle Grinder Market
30. Angle Grinder Market Competitive Landscape and Company Profiles
31. Angle Grinder Market Other Major and Innovative Companies
35. Angle Grinder Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Angle Grinder Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on angle grinder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for angle grinder? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Electric Angle Grinder; Pneumatic Angle Grinder; Cordless Angle Grinder
2) By Distribution Channel: Online; Offline
3) By Application: Metal Processing; Wood Processing; Construction; Automotive; Aerospace; Aquaculture; Agriculture; Other Applications
Key Companies Mentioned: Robert Bosch GmbH; Hitachi Ltd.; 3M; FLEX GmbH; Wurth Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Robert Bosch GmbH
- Hitachi Ltd.
- 3M
- FLEX GmbH
- Wurth Group
- Emerson Electric Co.
- Stanley Black & Decker Inc.
- Atlas Copco Group
- Techtronic Industries Company Limited
- Hilti Corporation
- Makita Corporation
- Positec Machinery Co. Ltd.
- Jiangsu Dongcheng Power Tools Co. Ltd.
- Chicago Pneumatic
- AEG Power Tools
- C. & E. Fein GmbH
- Bosun Co. Ltd.
- Metabo HPT
- Festool Power Tools
- Walter Surface Technologies
- General Tools And Instruments LLC
- Jiangsu Guoqiang Tools Co. Ltd.
- SKIL Power Tools
- Fiamgroup
- JK Files & Engineering Limited.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 3.25 Billion |
| Forecasted Market Value ( USD | $ 3.82 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
