Market Overview:
The global annular 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 annular cutters in construction and industrial manufacturing applications. Additionally, the growing demand for annular cutters from emerging economies such as China and India is also contributing to the growth of this market. The global annular cutter market can be segmented on the basis of type into HSS type and TCT type. The HSS type segment is expected to account for a larger share of the global annular cutter market than the TCT type segment during the forecast period. This can be attributed to factors such as lower cost and higher durability offered by HSS-based annular cutters as compared with TCT-based ones. On basis application, construction accounted for majority share in 2017 owing high adoption rate across various regions due rising infrastructural development activities globally coupled with replacement & retrofit projects being carried out in developed countries across Europe & North America region .
Product Definition:
Annular Cutters are specifically designed for cutting through material in a circular pattern. This allows for a cleaner and more precise cut than with traditional saw blades. Annular Cutters are often used in industrial settings where precision is key, such as in the manufacturing of metal parts.
HSS Type:
High Speed Steel (HSS) is a form of steel with high carbon and low alloy content. It has excellent mechanical properties, such as hardness, strength, toughness and ductility. HSS can be used for making fasteners, drill bits cutting tools or knives.
TCT Type:
The TCT type is used in annular cutters market for cutting of metal rings. It is a machine tool design that consists of three main components namely spindle, collet, and work table. The spindle holds the work piece while the collet feeds it through from one end to another by using a system of dogs or teeths.
Application Insights:
The construction application segment accounted for the largest share of over 40.0% in 2017 and is expected to witness significant growth over the forecast period. The product has wide applications in residential, commercial and industrial constructions including roads, railway sleepers, pavements, footpaths & walkways among others. In addition to this annular cutters are used for various other purposes such as landscaping & ground maintenance and forestry among others.
The industrial manufacturing segment is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to increasing demand from end-use industries such as automotive.
Regional Analysis:
Asia Pacific dominated the global annular cutters market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction and industrial manufacturing activities in emerging economies of India, China, and Southeast Asian countries. In addition, rising disposable income coupled with a growing population will drive demand for consumer goods such as automobiles and electronics which will further propel product demand over the next eight years.
The European market is anticipated to grow at a CAGR of XX% from 2018 to 2030 due to stringent regulations regarding energy consumption coupled with environmental protection policies by various governments across Europe are expected favorably impact industry growth. Moreover, high investments in research & development activities by major players are also likely fuel regional product demand over the coming years.
In North America, UHMWPE products have gained popularity among end-users including military & defense; automotive; healthcare; packaging industries owing its excellent performance characteristics such as high strength (at elevated temperature), wear resistance etc.
Growth Factors:
- Increasing demand for annular cutters in the automotive and aerospace industries due to their high precision and accuracy.
- Rising demand for annular cutters from the construction industry as they are used in various applications such as drilling, hole sawing, and thread cutting.
- Growing popularity of annular cutters among DIY enthusiasts and home improvement enthusiasts due to their ease of use and versatility.
- Increasing adoption of annular cutters in the medical industry for various surgical applications such as laparoscopic surgery, endoscopy, arthroscopy, etc.
- Technological advancements that have led to the development of new types of annular cutters with enhanced features such as longer life span, higher precision levels, etc., which is expected to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Annular Cutters Market Research Report
By Type
HSS Type, TCT Type
By Application
Construction, Industrial Manufacturing, Others
By Companies
Euroboor, Milwaukee, Hougen Rotabroach, CS Unitec, OJASVI CORPORATION, Lalson, Nitto Kohki, Zhejiang Xinxing Tools, Euroboor
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Annular Cutters Market Report Segments:
The global Annular Cutters market is segmented on the basis of:
Types
HSS Type, TCT Type
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
Construction, Industrial Manufacturing, 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:
- Euroboor
- Milwaukee
- Hougen Rotabroach
- CS Unitec
- OJASVI CORPORATION
- Lalson
- Nitto Kohki
- Zhejiang Xinxing Tools
- Euroboor
Highlights of The Annular 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:
- HSS Type
- TCT Type
- By Application:
- Construction
- Industrial Manufacturing
- 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 Annular 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?
Annular cutters are a type of cutter that have an annulus (ring) around the blade. This ring helps to keep the material being cut from flying off the blade, which can cause injury.
Some of the key players operating in the annular cutters market are Euroboor, Milwaukee, Hougen Rotabroach, CS Unitec, OJASVI CORPORATION, Lalson, Nitto Kohki, Zhejiang Xinxing Tools, Euroboor.
The annular cutters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Annular Cutters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Annular Cutters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Annular Cutters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Annular Cutters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Annular Cutters Market Size & Forecast, 2020-2028
4.5.1 Annular Cutters Market Size and Y-o-Y Growth
4.5.2 Annular Cutters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 HSS Type
5.2.2 TCT Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Industrial Manufacturing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Annular Cutters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Annular Cutters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 HSS Type
9.6.2 TCT Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Industrial Manufacturing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 HSS Type
10.6.2 TCT Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Industrial Manufacturing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 HSS Type
11.6.2 TCT Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Industrial Manufacturing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 HSS Type
12.6.2 TCT Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Industrial Manufacturing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 HSS Type
13.6.2 TCT Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Industrial Manufacturing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Annular Cutters Market: Competitive Dashboard
14.2 Global Annular Cutters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Euroboor
14.3.2 Milwaukee
14.3.3 Hougen Rotabroach
14.3.4 CS Unitec
14.3.5 OJASVI CORPORATION
14.3.6 Lalson
14.3.7 Nitto Kohki
14.3.8 Zhejiang Xinxing Tools
14.3.9 Euroboor
