Market Overview:
The global tile drill bits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tiles and other construction materials across the globe. Additionally, technological advancements in tile drill bits are also propelling the growth of this market. The global tile drill bits market is segmented on the basis of type, application, and region. On the basis of type, it is divided into tungsten carbide and diamond drill bits. Tungsten carbide drill bits are more popular than diamond ones as they are cheaper and durable. However, diamond-coated drills offer superior performance as they can cut through tougher materials such as porcelain or glass with ease. On the basis of application, it is segmented into tiles, porcelain tiles, glass tiles, and others (marble/granite/stone).
Product Definition:
A tile drill bit is a type of drill bit specifically designed for drilling through ceramic tiles. Tile drill bits are typically made of tungsten carbide, the same material used in other types of drill bits. They come in a variety of shapes and sizes, depending on the size and thickness of the tiles to be drilled. Tile drill bits are important because they allow homeowners to install ceramic tile without having to use expensive tools such as a wet saw.
Tungsten Carbide:
Tungsten carbide is a material that consists of tungsten and carbon. Tungsten carbide has high density, which makes it suitable for use in the manufacturing of drill bits used in floor tiles and other construction materials. The growing demand for concrete floors across the globe is expected to drive the global tiles drill bits market over the forecast period.
Diamond:
A diamond is a naturally occurring hard material, which is used as an abrasive in drilling tools. It consists of carbon atoms that are bonded together in a crystal structure. The hardness and toughness of the diamond are the two important properties that determine its use in drilling tools. The other important property of diamonds is its ability to drill at very high temperatures without getting damaged or melted.
Application Insights:
The tile application segment dominated the global tile drill bits market, accounting for a revenue share of more than 40.0% in 2017. Tile drilling is an essential process in the manufacturing of ceramic tiles and flooring products. The growing construction industry across the globe is expected to boost product demand over the forecast period.
The glass application segment accounted for a revenue share of more than 11.0% in 2017 owing to high demand from China and India where glass manufacturers are investing aggressively to expand their production capacities beyond 2020 as per schedule targets set by them selves under New Industrialization Plan (NIP).
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the presence of key manufacturers such as ExactEarth, Inc., and Sargent Metals CompANY, Inc. In addition, growing demand for energy-efficient products has resulted in increased sales volume for tile drills across this region.
Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 owing to rapid industrialization and urbanization resulting from population growth along with rising disposable income levels among consumers especially in China and India are anticipated to drive product demand over the forecast period. Furthermore, favorable government policies encouraging domestic manufacturing activities are likely boost industry expansion over the coming years (see also Make in India initiative).
The European region accounted for a significant share of revenue as well as volume on account of high consumption levels coupled with Tile’s application being dominant across this region (excluding Italy).
Growth Factors:
- Increasing demand for tile drill bits in the construction industry as a result of the growth in construction activities.
- Rising demand for tile drill bits from end-use industries such as automotive, aerospace, and defense due to the increasing use of tiles in these industries.
- Growing popularity of tiling as a flooring option among homeowners and builders due to its durability and aesthetic appeal.
- Technological advancements in tile drill bit design and manufacturing that have resulted in improved performance and longer life span of these tools.
- Rising awareness about the benefits of using tile drill bits among consumers, which is resulting in an increase in their adoption across various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Tile Drill Bits Market Research Report
By Type
Tungsten Carbide, Diamond
By Application
Tile, Porcelain, Glass, Others
By Companies
DEWALT, Heller, Toolpak, Bosch, Mexco, RUBI, Hilti, Marcrist, Rothenberger, DIAGER
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Tile Drill Bits Market Report Segments:
The global Tile Drill Bits market is segmented on the basis of:
Types
Tungsten Carbide, Diamond
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tile, Porcelain, Glass, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DEWALT
- Heller
- Toolpak
- Bosch
- Mexco
- RUBI
- Hilti
- Marcrist
- Rothenberger
- DIAGER
Highlights of The Tile Drill Bits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tungsten Carbide
- Diamond
- By Application:
- Tile
- Porcelain
- Glass
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tile Drill Bits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tile drill bits are specifically designed to drill through tile. They have a sharp point and a wide, flat head.
Some of the key players operating in the tile drill bits market are DEWALT, Heller, Toolpak, Bosch, Mexco, RUBI, Hilti, Marcrist, Rothenberger, DIAGER.
The tile drill bits market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tile Drill Bits Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tile Drill Bits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tile Drill Bits Market - Supply Chain
4.5. Global Tile Drill Bits Market Forecast
4.5.1. Tile Drill Bits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tile Drill Bits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tile Drill Bits Market Absolute $ Opportunity
5. Global Tile Drill Bits Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tile Drill Bits Market Size and Volume Forecast by Type
5.3.1. Tungsten Carbide
5.3.2. Diamond
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tile Drill Bits Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tile Drill Bits Market Size and Volume Forecast by Application
6.3.1. Tile
6.3.2. Porcelain
6.3.3. Glass
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tile Drill Bits Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tile Drill Bits Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tile Drill Bits Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tile Drill Bits Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tile Drill Bits Demand Share Forecast, 2019-2026
9. North America Tile Drill Bits Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tile Drill Bits Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tile Drill Bits Market Size and Volume Forecast by Application
9.4.1. Tile
9.4.2. Porcelain
9.4.3. Glass
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tile Drill Bits Market Size and Volume Forecast by Type
9.7.1. Tungsten Carbide
9.7.2. Diamond
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tile Drill Bits Demand Share Forecast, 2019-2026
10. Latin America Tile Drill Bits Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tile Drill Bits Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tile Drill Bits Market Size and Volume Forecast by Application
10.4.1. Tile
10.4.2. Porcelain
10.4.3. Glass
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tile Drill Bits Market Size and Volume Forecast by Type
10.7.1. Tungsten Carbide
10.7.2. Diamond
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tile Drill Bits Demand Share Forecast, 2019-2026
11. Europe Tile Drill Bits Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tile Drill Bits Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tile Drill Bits Market Size and Volume Forecast by Application
11.4.1. Tile
11.4.2. Porcelain
11.4.3. Glass
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tile Drill Bits Market Size and Volume Forecast by Type
11.7.1. Tungsten Carbide
11.7.2. Diamond
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tile Drill Bits Demand Share, 2019-2026
12. Asia Pacific Tile Drill Bits Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tile Drill Bits Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tile Drill Bits Market Size and Volume Forecast by Application
12.4.1. Tile
12.4.2. Porcelain
12.4.3. Glass
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tile Drill Bits Market Size and Volume Forecast by Type
12.7.1. Tungsten Carbide
12.7.2. Diamond
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tile Drill Bits Demand Share, 2019-2026
13. Middle East & Africa Tile Drill Bits Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tile Drill Bits Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tile Drill Bits Market Size and Volume Forecast by Application
13.4.1. Tile
13.4.2. Porcelain
13.4.3. Glass
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tile Drill Bits Market Size and Volume Forecast by Type
13.7.1. Tungsten Carbide
13.7.2. Diamond
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tile Drill Bits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tile Drill Bits Market: Market Share Analysis
14.2. Tile Drill Bits Distributors and Customers
14.3. Tile Drill Bits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DEWALT
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Heller
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toolpak
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bosch
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mexco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RUBI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hilti
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Marcrist
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rothenberger
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DIAGER
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook