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LAMEA Rebar Cutting Tools Market Size, Share & Trends Analysis Report By Application (Construction Site and Steel Product Manufacturing), By Type (Semi-automatic and Fully Automatic), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 89 Pages
  • June 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5988661
The Latin America, Middle East and Africa Rebar Cutting Tools Market is projected to witness market growth of 8.7% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Rebar Cutting Tools Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $138.2 Million by 2031. The Argentina market is showcasing a CAGR of 9.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.4% during (2024 - 2031).



The increasing emphasis on environmentally favorable construction practices and sustainability has an impact on safety standards and regulations. Tools that minimize waste, reduce energy consumption and have longer lifespans are increasingly favored. Compliance with these evolving standards requires manufacturers to focus on developing eco-friendly rebar cutting tools that meet both safety and environmental criteria.

The market for rebar cutting tools is significantly influenced by regulatory frameworks. Safety standards and building codes mandate high-quality tools that ensure the structural integrity of construction projects. It is imperative that construction companies comply with these regulations, as any deviation from safety standards may lead to severe penalties, project delays, and increased liability. As a result, there is a strong demand for certified rebar cutting tools that meet or exceed regulatory requirements, further driving the market growth.

The Brazilian government has invested heavily in infrastructure projects to boost economic growth. The Growth Acceleration Program (PAC) has allocated billions of reais to infrastructure projects, including transportation, energy, and urban development. According to the Brazilian Ministry of Infrastructure, significant investments are being made to improve the national highway system, railways, and airports.

These large-scale projects require substantial rebar reinforcement, driving the demand for efficient rebar cutting tools. Brazil's industrial sector is also expanding, particularly in manufacturing and energy. The construction of new industrial facilities and the modernization of existing ones require reinforced concrete structures, increasing the demand for rebar cutting tools. Hence, increasing regional government initiatives will ensure the continuous demand for rebar cutting tools.

List of Key Companies Profiled

  • Toyo Kensetsu Kohki Co., Ltd.
  • PEDAX GmbH
  • Schnell S.p.A
  • TJK Machinery (Tianjin) Co, Ltd.
  • Gensco Equipment Inc.
  • EUROBEND GmbH
  • E.P. Macchine Elettroniche Piegatrici S.p.A.
  • Hitachi, Ltd.
  • Hilti AG
  • Makita Corporation

Market Report Segmentation

By Application
  • Construction Site
  • Steel Product Manufacturing
By Type
  • Semi-automatic
  • Fully Automatic
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Rebar Cutting Tools Market, by Application
1.4.2 LAMEA Rebar Cutting Tools Market, by Type
1.4.3 LAMEA Rebar Cutting Tools Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Rebar Cutting Tools Market by Application
4.1 LAMEA Construction Site Market by Country
4.2 LAMEA Steel Product Manufacturing Market by Country
Chapter 5. LAMEA Rebar Cutting Tools Market by Type
5.1 LAMEA Semi-automatic Market by Country
5.2 LAMEA Fully Automatic Market by Country
Chapter 6. LAMEA Rebar Cutting Tools Market by Country
6.1 Brazil Rebar Cutting Tools Market
6.1.1 Brazil Rebar Cutting Tools Market by Application
6.1.2 Brazil Rebar Cutting Tools Market by Type
6.2 Argentina Rebar Cutting Tools Market
6.2.1 Argentina Rebar Cutting Tools Market by Application
6.2.2 Argentina Rebar Cutting Tools Market by Type
6.3 UAE Rebar Cutting Tools Market
6.3.1 UAE Rebar Cutting Tools Market by Application
6.3.2 UAE Rebar Cutting Tools Market by Type
6.4 Saudi Arabia Rebar Cutting Tools Market
6.4.1 Saudi Arabia Rebar Cutting Tools Market by Application
6.4.2 Saudi Arabia Rebar Cutting Tools Market by Type
6.5 South Africa Rebar Cutting Tools Market
6.5.1 South Africa Rebar Cutting Tools Market by Application
6.5.2 South Africa Rebar Cutting Tools Market by Type
6.6 Nigeria Rebar Cutting Tools Market
6.6.1 Nigeria Rebar Cutting Tools Market by Application
6.6.2 Nigeria Rebar Cutting Tools Market by Type
6.7 Rest of LAMEA Rebar Cutting Tools Market
6.7.1 Rest of LAMEA Rebar Cutting Tools Market by Application
6.7.2 Rest of LAMEA Rebar Cutting Tools Market by Type
Chapter 7. Company Profiles
7.1 Toyo Kensetsu Kohki Co., Ltd.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 PEDAX GmbH
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Schnell S.p.A.
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 TJK Machinery (Tianjin) Co., Ltd.
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Gensco Equipment Inc.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 EUROBEND GmbH
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 M.E.P. Macchine Elettroniche Piegatrici S.p.A.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Hitachi, Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Hilti AG
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.10. Makita Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research and Development Expense

Companies Mentioned

  • Toyo Kensetsu Kohki Co., Ltd.
  • PEDAX GmbH
  • Schnell S.p.A
  • TJK Machinery (Tianjin) Co, Ltd.
  • Gensco Equipment Inc.
  • EUROBEND GmbH
  • M.E.P. Macchine Elettroniche Piegatrici S.p.A.
  • Hitachi, Ltd.
  • Hilti AG
  • Makita Corporation

Methodology

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