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Portable Grinders Market Size, Share & Industry Analysis, By Type (Pneumatic Portable Grinder, Hydraulic Portable Grinder, Electric Portable Grinder), By Application (Do-it-yourself (DIY), Industrial (Metallurgy, power generation, etc.)) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104756 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

A portable grinder is a type of handheld power tool that is utilized for polishing and grinding applications. Portable grinders are pneumatic, electric and hydraulic. The emergence of portable grinder is attributed to the augmented brand consciousness for portable grinders. This in turn, is complimenting the raised average selling price of quality portable grinders. These grinders are widely utilized in developed countries such as, U.S., Japan, etc. owing to, its reliability, low maintenance and compactness. Increasing utilization in household improvement standards, is complimenting the advancement of these grinders across developed and several developing countries.


The market is fragmented with the presence of several global and local portable grinder manufacturers across the globe. In order to gain competitive advantage, the manufacturers are emphasizing on differentiating the product from their competitors. This is generating the need for innovative and less harmful products. Moreover, as the developing countries offer great product expansion opportunities, the leading manufacturers are adopting mergers and acquisitions strategy to expand the product reach in developing countries including, India, Malaysia, Thailand, etc. Therefore, the global portable grinders market is expected to observe substantial growth in the forecast period.

In order to avoid injury incidence while handling portable grinders, Occupational Safety and Health Administration (OSHA) have given safety measurements as follows:


  • Check if the grinder is vibrating roughly

  • Hold the grinder in horizontal, vertical or right-angle direction

  • Use racks to store the grinders

  • Ensure wheel guard is placed while operating the grinder

  • Wear appropriate safety guards

  • Ensure proper ventilation system to reduce inhalation of dust and coolent mists


Since the COVID-19 outbreak in December 2019, the portable grinders market is affected globally. Several countries in Europe, Middle East and Asia Pacific have closed down the international borders that results in disrrupted transportation and supply chain processes of grinding machines. Moreover, the Middle East & North Africa (MENA) region has faced dual shock with collapse in oil prices along with the COVID-19 pandemic. Furthermore, the high volatility in raw materials, owing to imbalanced transportation has also hampered the market growth. On the long term basis, the impact is expected to affect significantly on portable grinders market. The support of the governmental bodies across countries including India, U.K., Sweden, Ireland, etc. is expected to downgrade the exacting impact with the help of unidirectional monitory policy and trade policy.

Key Market Driver -

• Increased adoption of portable grinders in Do-It-Yourself (DIY) culture • Introduction of cordless portable grinders

Key Market Restraint -

• Instability in raw materials and unawareness about portability applications


Key Players Covered:


Key players operating in the global portable grinders market are Makita Corporation, Hilti, Robert Bosch GmbH, Koki Holdings Co., Ltd., Stanley Black & Decker, Inc., ATA Group, Chicago Pneumatic, Techtronic Industries Co. Ltd., HOPRIO GROUP, FLEX-Elektrowerkzeuge GmbH, Apex Machines and Tools Co., Metabo, Snap-on Incorporated, EP+Co., General Tools & Instruments LLC., Emerson Electric Co., Klein Tools, Inc., JK FILES (INDIA) LIMITED, Hitachi, Ltd., Ess Kay Lathe Engineers & Traders and others.

Regional Analysis


Asia Pacific is expected to witness highest CAGR in the forecast period. It is attributed to the rise in spending by the manufacturers in response to adapt newer opportunities for market expansion. Additionally, manufacturers are establishing their subsidiaries across countries including India, China, etc. to offer cordless pneumatic portable grinders for DIY applications.

Europe is expected to witness substantial growth, owing to the rising demand for portable machines in industrial applications including, power generation, metallurgy, etc. Moreover, the presence of leading players including, Hilti, Robert Bosch GmbH, FLEX and others is also boosting the portable grinders market growth.

North America is anticipated to witness steady growth in the forecast period, owing to the expansion of portable grinders business by acquiring or merging with local layers to establish subsidiaries. For instance, in the U.S., Makita Corporation operates with Makita U.S.A., Inc. in the portable grinders market.

Middle East and Africa and Latin America are expected to witness steady growth. It is attributed to the dedicated spending in power tools industry in order to broaden the usability of portable grinders.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Pneumatic Portable Grinder

  • Hydraulic Portable Grinder

  • Electric Portable Grinder



By Application



  • Do-it-yourself (DIY)

  • Industrial (Metallurgy, power generation, etc.)



By Region



  • North America (U.S. and Canada)

  • Europe (UK, Spain, Italy, France, DACH, Benelux, Nordics, CIS and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)

  • Middle East & Africa (Turkey, GCC, North Africa, South Africa and Rest of the Middle East & Africa)

  • Latin America (South America, Central America and Caribbean)



Key Industry Developments



  • March 2020: Makita U.S.A., Inc., a subsidiary of Makita Corporation introduced power supply solution for high-draw tools including, grinders and hammers. The Makita ‘LXT X2 (36V)’ and ‘18V LXT’ backpack portable power supply (PDC01) utilizes ‘LXT lithium-ion batteries’ to offer prolonged run time.

  • January 2018: FLEX-Elektrowerkzeuge GmbH introduced new generation ‘FLEX angle grinder’ that has 40% extra runtime and power classes up to 2,600 watts. The new grinder combines ideal power with durability for every possible application.





  • Ongoing
  • 2023
  • 2019-2022

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