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Concrete cutting is a primary job taken up at every construction or refurbishment site by skilled operators. This cutting technique includes sawing, drilling and removal of unwanted concrete debris with the help of specially designed saws integrated with diamond impregnated blades. This process has important applications in the construction sector for the refurbishment and demolition projects enabling unwanted collection of the concrete debris at the site. Emerging construction project throughout the world has led increasing investments in refurbishment and other infrastructure plans with enhancement in raw material demand. The Concrete Sawing & Drilling Association Australia (CSDAA) president stated that the current concrete cutting market progress is satisfactory with the ongoing tunnel and infrastructure projects in Sydney and Melbourne.
Owing to rise in the global population, the need for commercial, residential and other infrastructure development is expected to increase exponentially, by driving the concrete cutting market globally. Similarly, emerging customer interest in remodelling and refurbishing thier exsisting buildings is anticipated to drastically surge the market growth. This tend towards the rising demand for construction raw material and the concrete cutting equipment across the market. Rising demand for modular units and the modular kitchens has led to increase in the demand for the concrete cutting machine and other portable drills. Sawing and drilling equipment have unstable prices with respect to thier operating facility, such as the cordless machines are of high prices wherein the wired/cord machines are of low prices, limiting the global market growth.
Key Market Driver -
• Rising demand for modular kitchens and modular units • Growth in infrastructural projects • Emerging need of building refurbishment
Key Market Restraint -
• Unstable price of the concrete cutting machines
Major market players are focusing over the investments in the research and development for the new concrete cutting equipment. Cordless equipment are playing key market role as they are light in weight and have higher functioning. Manufacturers focus over the upcoming and ongoing infrastructural projects along with the renovation plans.
Some of the key competitors in the concrete cutting market include Ніltі, Нuѕqvаrnа, Туrоlіt, СЕDІМА, Вrаun Маѕсhіnеnfаbrіk, Dеmсо Тесhnіс АG, Теаm-D, Makita, Stihl, Norton (Saint-Gobain), Texas Cutting and Coring, Dewalt, MK Diamond, and others.
The increasing investments in refurbishment projects of old highways, railways, and subway systems in China, Japan and India is driving the construction cutting tool market in Asia Pacific. For instance, the government of India has developed Special Accelerated Road Development Programme For North-East (SARDP-NE). The 'Phase A' of SARDP includea the refurbishment of around 4,099 km of road with the estimated cost of USD 3.3 billion. The North America construction cutting industry is anticipated to witness a significant growth over the forecast timeline, owing to the rapidly developing construction industry across the U.S. and Canada. Construction companies across the region are adopting advanced concrete cutting tools over traditional methods due to their several advantages such as reduced downtime, reduced noise, precision cutting, and ability to cut heavily reinforced concrete etc.
Europe is expected to witness progressive market growth, owing to the increasing government & private sector focus on building renovation projects. Due to the increasing energy consumption and rising CO2 emissions from buildings and home, around USD 250 million homes & buildings across the European Union will need energy renovation by 2050. This is anticipated to create huge demand for construction machinery in the region iver coming years. Moreover, the increasing investment in new home & building development projects in Latin America and MEA countries, including Brazil, Mexico, UAE, and Saudi will propel the construction cutting tool market size over the forecast timeline.
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