Market Overview:
The global concrete cutting service 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 demolition and refurbishment services across the globe. In addition, growing urbanization and infrastructure development are also contributing to the growth of this market. The global concrete cutting service market is segmented on the basis of type, application, and region. On the basis of type, it is divided into residential and commercial segments. The commercial segment accounted for a larger share of the global concrete cutting service market in 2017 owing to increased demand from construction and infrastructure development sectors across regions. On the basis of application, it is classified into demolition and refurbishment segments.
Product Definition:
Concrete Cutting Service is a service that cuts concrete using various methods and tools. This type of cutting is often used to create openings in concrete walls, floors, and ceilings. Concrete Cutting Service can also be used to remove sections of concrete, such as when breaking up a driveway or sidewalk.
Residential:
Residential is a construction term used for the buildings that are occupied by humans. It can be used in reference to a single person living alone or two people sharing an apartment. The residential sector is growing globally due to an increase in population and migration, which has led to growth of cities and their surrounding areas. This factor has positively affected concrete cutting services market as there would be more demand for these services during the forecast period from 2016-2021.
Commercial:
Commercial is a type of grinder used in the construction industry for grinding concrete and other hard surfaces. It is also known as a portable or mobile grinder, which can be moved from one site to another according to the demand. The main function of this machine is to reduce the size of particles so that they are easily fit for transportation and also lessens wastage during mixing process.
The global concrete cutting service market was valued at USD 6,500 million in 2016.
Application Insights:
The global market is segmented by application into demolition, refurbishment and others. The other applications include infrastructure development, road construction and civil engineering projects. Refurbishment accounted for the largest share in 2017 owing to rising demand for renovation of old buildings or structures with modern facilities at affordable costs. This can be attributed to the growing population as well as rapid urbanization in developing countries such as India and China.
The commercial sector is expected to witness significant growth over the forecast period owing to increasing investments from companies operating in various sectors including IT & telecommunication, FMCG (Food & Consumer Products), retail etc., which are looking forward towards creating a corporate culture that will propel their growth further. These companies are investing significantly both financially and physically on building new offices or expanding their existing office spaces which is anticipated to boost product demand globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased construction activities. Moreover, rising disposable income levels and growing population have spurred demand for commercial spaces such as offices, hotels, restaurants and retail showrooms. This scenario is anticipated to drive the growth of the construction industry in Asia Pacific over the coming years.
The European market was valued at USD X million in 2017 owing to high consumption of concrete cutting services across countries such as Germany (Germany), Italy (Italy) and U.K.(U K). In addition Europe’s aging infrastructure including buildings is creating opportunities for innovative solutions that would reduce operational costs while maintaining or enhancing structural strength of structures involved during refurbishment or reconstruction projects undertaken by local governments along with EU member states government agencies & departments etc.
Growth Factors:
- Increasing demand for concrete cutting services in the construction industry as a result of growing population and rapid urbanization.
- Rising investment in infrastructure development projects across the globe, which is expected to create new opportunities for concrete cutting service providers.
- Growing trend of pre-cast construction and modular buildings, which requires efficient and timely execution of concrete cutting services.
- Proliferation of advanced technologies such as lasers and robotics that are helping to improve the accuracy and efficiency of concrete cutting operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Concrete Cutting Service Market Research Report
By Type
Residential, Commercial
By Application
Demolition, Refurbishment
By Companies
Centex, Penhall Company, American Concrete Company, Diamond, States Concrete Cutting
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Concrete Cutting Service Market Report Segments:
The global Concrete Cutting Service market is segmented on the basis of:
Types
Residential, Commercial
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
Demolition, Refurbishment
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:
- Centex
- Penhall Company
- American Concrete Company
- Diamond
- States Concrete Cutting
Highlights of The Concrete Cutting Service 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:
- Residential
- Commercial
- By Application:
- Demolition
- Refurbishment
- 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 Concrete Cutting Service 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
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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?
Concrete cutting service is a type of construction services that involves the removal of concrete from a building or structure. Concrete cutting can be done manually or with the use of power tools.
Some of the key players operating in the concrete cutting service market are Centex, Penhall Company, American Concrete Company, Diamond, States Concrete Cutting.
The concrete cutting service market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Concrete Cutting Service 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 Concrete Cutting Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Concrete Cutting Service 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 Concrete Cutting Service 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 Concrete Cutting Service Market Size & Forecast, 2018-2028
4.5.1 Concrete Cutting Service Market Size and Y-o-Y Growth
4.5.2 Concrete Cutting Service Market Absolute $ Opportunity
Chapter 5 Global Concrete Cutting Service 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 Concrete Cutting Service Market Size Forecast by Type
5.2.1 Residential
5.2.2 Commercial
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Concrete Cutting Service 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 Concrete Cutting Service Market Size Forecast by Applications
6.2.1 Demolition
6.2.2 Refurbishment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Concrete Cutting Service 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 Concrete Cutting Service 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 Concrete Cutting Service Analysis and Forecast
9.1 Introduction
9.2 North America Concrete Cutting Service 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 Concrete Cutting Service Market Size Forecast by Type
9.6.1 Residential
9.6.2 Commercial
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 Concrete Cutting Service Market Size Forecast by Applications
9.10.1 Demolition
9.10.2 Refurbishment
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 Concrete Cutting Service Analysis and Forecast
10.1 Introduction
10.2 Europe Concrete Cutting Service 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 Concrete Cutting Service Market Size Forecast by Type
10.6.1 Residential
10.6.2 Commercial
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 Concrete Cutting Service Market Size Forecast by Applications
10.10.1 Demolition
10.10.2 Refurbishment
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 Concrete Cutting Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Concrete Cutting Service 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 Concrete Cutting Service Market Size Forecast by Type
11.6.1 Residential
11.6.2 Commercial
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 Concrete Cutting Service Market Size Forecast by Applications
11.10.1 Demolition
11.10.2 Refurbishment
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 Concrete Cutting Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Concrete Cutting Service 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 Concrete Cutting Service Market Size Forecast by Type
12.6.1 Residential
12.6.2 Commercial
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 Concrete Cutting Service Market Size Forecast by Applications
12.10.1 Demolition
12.10.2 Refurbishment
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) Concrete Cutting Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Concrete Cutting Service 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) Concrete Cutting Service Market Size Forecast by Type
13.6.1 Residential
13.6.2 Commercial
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) Concrete Cutting Service Market Size Forecast by Applications
13.10.1 Demolition
13.10.2 Refurbishment
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 Concrete Cutting Service Market: Competitive Dashboard
14.2 Global Concrete Cutting Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Centex
14.3.2 Penhall Company
14.3.3 American Concrete Company
14.3.4 Diamond
14.3.5 States Concrete Cutting
