Market Overview:
The global bolt cutters 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 bolt cutters in commercial and household applications. Additionally, the growing construction and automotive industries are also expected to drive the growth of the global bolt cutters market during the forecast period. The global bolt cutters market can be segmented on the basis of type, application, and region. On basis of type,the globalbolt cuttermarket can be segmented into compactbolt cutter, battery-poweredbolt cutterand hydraulicboltcutter.
Product Definition:
Bolt Cutters are a hand tool used to cut bolts, chains, and other similar objects. They are often used by locksmiths, mechanics, and electricians.
Compact:
Compact is a tool that is used in the manufacturing industry to cut metal and other materials. It's basically a specialized cutting device which has high speed, less power requirement and can be operated by one person. Compact can perform various operations such as drilling, facing, grinding & polishing among others. The demand from the global bolt cutters market has been witnessing growth for many years now owing to its features like easy handling & operation with high efficiency coupled with competitive pricing.
Battery-powered:
The global market for battery-powered and it's usage in Bolt cutters is expected to witness significant growth over the forecast period. The primary factor that propels the demand for battery-powered and it's usage in bolt cutters is its capability to perform heavy-duty operations with less human intervention. In addition, these tools are designed compactly so as to be easily portable; they require less space, which further encourages users to adopt this product category.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017. The demand for bolts cutters in the commercial sector is expected to witness growth owing to its use at construction sites, industrial units, and other similar applications. In addition, increasing number of infrastructure projects across various regions is likely to propel product demand over the forecast period.
The household application segment was valued over USD 100 million in 2017 and is expected to witness significant growth during the forecast period on account of growing preference for energy-efficient products among consumers globally. Furthermore, increasing penetration of advanced electrical equipment such as LED lightings and smart meters coupled with rising awareness regarding power conservation are anticipated to drive product demand from households during the forecast period significantly contributing towards overall market growth during this timeframe.
Regional Analysis:
North America dominated the global bolt cutters market in 2017. The region is expected to maintain its position during the forecast period. Increasing demand for electric power tools in North American countries such as U.S., Canada, and Mexico is one of the major factors driving growth of this regional market.
Asia Pacific is anticipated to be the fastest-growing region over the forecast period owing to rapid development taking place in economies including China and India along with other South Asian countries such as Bangladesh and Pakistan.
In addition, increasing penetration rates for industrial machinery used by manufacturers across various end-use industries are projected to fuel product sales over next eight years especially within developing economies like China.
Growth Factors:
- Increasing demand for bolt cutters in the automotive and aerospace industries due to the increasing production of these vehicles.
- The increasing popularity of DIY projects, which has led to an increase in the use of bolt cutters by consumers for a variety of tasks.
- The growing number of construction projects, which has led to an increase in demand for bolt cutters from contractors and other professionals working in the construction industry.
- The expanding range of applications that bolt cutters can be used for, including cutting through chains, locks, and other metal objects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bolt Cutters Market Research Report
By Type
Compact, Battery-powered, Hydraulic
By Application
Commercial, Household
By Companies
ABC TOOLS SPA, Adolf Würth, BAHCO, Beta Utensili, BOST, Carl Kammerling International Ltd., Dese Machine, Ega Master, FRIEDRICH PETIG GMBH, GEDORE Tool Center KG, Gensco Equipment, GREENLEE, HEBEI BOTOU SAFETY TOOLS CO.,LTD, HITACHI KOKI, KNIPEX, MOB, NWS, SAM OUTILLAGE, SFE / SFE International, Snap-on, Stanley Tools, Unior d.d., Universeal (UK) Ltd, Wiha, WMH Tool Group
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 Bolt Cutters Market Report Segments:
The global Bolt Cutters market is segmented on the basis of:
Types
Compact, Battery-powered, Hydraulic
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
Commercial, Household
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:
- ABC TOOLS SPA
- Adolf Würth
- BAHCO
- Beta Utensili
- BOST
- Carl Kammerling International Ltd.
- Dese Machine
- Ega Master
- FRIEDRICH PETIG GMBH
- GEDORE Tool Center KG
- Gensco Equipment
- GREENLEE
- HEBEI BOTOU SAFETY TOOLS CO.,LTD
- HITACHI KOKI
- KNIPEX
- MOB
- NWS
- SAM OUTILLAGE
- SFE / SFE International
- Snap-on
- Stanley Tools
- Unior d.d.
- Universeal (UK) Ltd
- Wiha
- WMH Tool Group
Highlights of The Bolt Cutters 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:
- Compact
- Battery-powered
- Hydraulic
- By Application:
- Commercial
- Household
- 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 Bolt Cutters 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.
How you may use our products:
- 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?
Bolt cutters are a type of hand tool that is used to cut metal. They have a serrated blade that can quickly and easily slice through metal.
Some of the major players in the bolt cutters market are ABC TOOLS SPA, Adolf WƒÂ¼rth, BAHCO, Beta Utensili, BOST, Carl Kammerling International Ltd., Dese Machine, Ega Master, FRIEDRICH PETIG GMBH, GEDORE Tool Center KG, Gensco Equipment, GREENLEE, HEBEI BOTOU SAFETY TOOLS CO.,LTD, HITACHI KOKI, KNIPEX, MOB, NWS, SAM OUTILLAGE, SFE / SFE International, Snap-on, Stanley Tools, Unior d.d., Universeal (UK) Ltd, Wiha, WMH Tool Group.
The bolt cutters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bolt Cutters 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. Bolt Cutters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bolt Cutters Market - Supply Chain
4.5. Global Bolt Cutters Market Forecast
4.5.1. Bolt Cutters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bolt Cutters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bolt Cutters Market Absolute $ Opportunity
5. Global Bolt Cutters 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. Bolt Cutters Market Size and Volume Forecast by Type
5.3.1. Compact
5.3.2. Battery-powered
5.3.3. Hydraulic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bolt Cutters 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. Bolt Cutters Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Household
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bolt Cutters 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. Bolt Cutters 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 Bolt Cutters 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. Bolt Cutters 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 Bolt Cutters Demand Share Forecast, 2019-2026
9. North America Bolt Cutters 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 Bolt Cutters 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 Bolt Cutters Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Household
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bolt Cutters Market Size and Volume Forecast by Type
9.7.1. Compact
9.7.2. Battery-powered
9.7.3. Hydraulic
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 Bolt Cutters Demand Share Forecast, 2019-2026
10. Latin America Bolt Cutters 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 Bolt Cutters 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 Bolt Cutters Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Household
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bolt Cutters Market Size and Volume Forecast by Type
10.7.1. Compact
10.7.2. Battery-powered
10.7.3. Hydraulic
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 Bolt Cutters Demand Share Forecast, 2019-2026
11. Europe Bolt Cutters 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 Bolt Cutters 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 Bolt Cutters Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Household
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bolt Cutters Market Size and Volume Forecast by Type
11.7.1. Compact
11.7.2. Battery-powered
11.7.3. Hydraulic
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 Bolt Cutters Demand Share, 2019-2026
12. Asia Pacific Bolt Cutters 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 Bolt Cutters 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 Bolt Cutters Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Household
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bolt Cutters Market Size and Volume Forecast by Type
12.7.1. Compact
12.7.2. Battery-powered
12.7.3. Hydraulic
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 Bolt Cutters Demand Share, 2019-2026
13. Middle East & Africa Bolt Cutters 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 Bolt Cutters 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 Bolt Cutters Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Household
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bolt Cutters Market Size and Volume Forecast by Type
13.7.1. Compact
13.7.2. Battery-powered
13.7.3. Hydraulic
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 Bolt Cutters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bolt Cutters Market: Market Share Analysis
14.2. Bolt Cutters Distributors and Customers
14.3. Bolt Cutters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABC TOOLS SPA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Adolf Würth
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BAHCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Beta Utensili
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BOST
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Carl Kammerling International Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dese Machine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ega Master
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FRIEDRICH PETIG GMBH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GEDORE Tool Center KG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gensco Equipment
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GREENLEE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HEBEI BOTOU SAFETY TOOLS CO.,LTD
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HITACHI KOKI
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. KNIPEX
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MOB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NWS
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SAM OUTILLAGE
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SFE / SFE International
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Snap-on
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
