Market Overview:
The global miter saw 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 miter saws from various applications, such as home use, industrial use and commercial use. In addition, the growing construction and automotive industries are also contributing to the growth of the global miter saw market.
Product Definition:
A miter saw is a power tool used to make accurate crosscuts and miters in woodworking. It is a type of circular saw but with a sliding arm that allows the blade to be set at an angle, usually 45° or 22.5°, to the horizontal.
Sliding Miter Saw:
Sliding miter saw is a type of saw which is used for cutting long pieces of wood into shorter ones with greater accuracy. It has sliding miters on both the sides of the blade, which allows it to cut different sizes of wood with ease and precision. The device offers various advantages such as accurate sizing and fitting, reduced labor work along with easy transportation and storage.
Compound Miter Saw:
Compound miter saw is a kind of saw which has sliding miters in the blade. It's used to cut right angle or at angles other than 90 degrees. Compound miter saw can be categorized into two types based on its cutting capacity and application: low-capacity and high-capacity compound miter saws. The market for low-capacity compound miter Saw is less as compared to that of high capacity compounds, hence it holds less share in the global market.
Application Insights:
The home use segment dominated the global miter saw market in 2017. The growing preference for DIY projects and the easy availability of tools have led to an increase in the number of people who own a miter saw. According to data published by Home Improvement Trends, around 60% of U.S households purchased a basic or ¢â‚¬Å“dumb¢â‚¬ mitre saw during the year 2016-2017, which is higher than that recorded for previous years. This factor is likely to fuel industry growth over the forecast period.
The commercial use segment accounted for 24% share of total revenue in 2017 owing to increasing demand from construction and other industries as well as repair & renovation activities at hotels, hospitals.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for miter saws. China is one of the largest markets for compound mitersaw globally as there are many local players offering these products at competitive prices. In addition, rising construction activities in developing countries such as India and China have created a significant demand for compound mitersaws that can be used to build extensions or alterations on houses or buildings quickly and easily. This factor will also help maintain Asia Pacific’s position as one of the most lucrative regions over the next eight years.
North America accounted for more than 20% share in 2017 owing to high product penetration by key companies such as DeWALT Corporation; Stanley Black & Decker; Skil Corporation; Emerson Electric Co.; Milwaukee Electric Tool Corp.; and Bosch Security Systems Inc.
Growth Factors:
- Increasing demand for woodworking and carpentry products in the construction industry.
- Rising popularity of do-it-yourself (DIY) projects among homeowners.
- Growing demand for customized furniture and other wood products.
- Technological advancements in miter saws that offer better performance and precision cuts.
- increasing awareness about the benefits of using a miter saw for various woodworking applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Miter Saw Market Research Report
By Type
Sliding Miter Saw, Compound Miter Saw, Others
By Application
Home Use, Industrial Use, Commercial Use
By Companies
DEWALT, RYOBI, CRAFTSMAN, Festool, Makita, Hitachi, Milwaukee Tool
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Miter Saw Market Report Segments:
The global Miter Saw market is segmented on the basis of:
Types
Sliding Miter Saw, Compound Miter Saw, Others
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
Home Use, Industrial Use, Commercial Use
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
- RYOBI
- CRAFTSMAN
- Festool
- Makita
- Hitachi
- Milwaukee Tool
Highlights of The Miter Saw 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:
- Sliding Miter Saw
- Compound Miter Saw
- Others
- By Application:
- Home Use
- Industrial Use
- Commercial Use
- 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 Miter Saw 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?
A miter saw is a saw that has a sliding blade that can be adjusted to makecuts at angles. It is used for cutting wood, plastic, and other materials with precise angles.
Some of the key players operating in the miter saw market are DEWALT, RYOBI, CRAFTSMAN, Festool, Makita, Hitachi, Milwaukee Tool.
The miter saw market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Miter Saw 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. Miter Saw Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Miter Saw Market - Supply Chain
4.5. Global Miter Saw Market Forecast
4.5.1. Miter Saw Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Miter Saw Market Size (000 Units) and Y-o-Y Growth
4.5.3. Miter Saw Market Absolute $ Opportunity
5. Global Miter Saw 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. Miter Saw Market Size and Volume Forecast by Type
5.3.1. Sliding Miter Saw
5.3.2. Compound Miter Saw
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Miter Saw 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. Miter Saw Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Industrial Use
6.3.3. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Miter Saw 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. Miter Saw 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 Miter Saw 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. Miter Saw 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 Miter Saw Demand Share Forecast, 2019-2026
9. North America Miter Saw 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 Miter Saw 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 Miter Saw Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Industrial Use
9.4.3. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Miter Saw Market Size and Volume Forecast by Type
9.7.1. Sliding Miter Saw
9.7.2. Compound Miter Saw
9.7.3. Others
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 Miter Saw Demand Share Forecast, 2019-2026
10. Latin America Miter Saw 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 Miter Saw 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 Miter Saw Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Industrial Use
10.4.3. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Miter Saw Market Size and Volume Forecast by Type
10.7.1. Sliding Miter Saw
10.7.2. Compound Miter Saw
10.7.3. Others
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 Miter Saw Demand Share Forecast, 2019-2026
11. Europe Miter Saw 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 Miter Saw 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 Miter Saw Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Industrial Use
11.4.3. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Miter Saw Market Size and Volume Forecast by Type
11.7.1. Sliding Miter Saw
11.7.2. Compound Miter Saw
11.7.3. Others
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 Miter Saw Demand Share, 2019-2026
12. Asia Pacific Miter Saw 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 Miter Saw 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 Miter Saw Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Industrial Use
12.4.3. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Miter Saw Market Size and Volume Forecast by Type
12.7.1. Sliding Miter Saw
12.7.2. Compound Miter Saw
12.7.3. Others
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 Miter Saw Demand Share, 2019-2026
13. Middle East & Africa Miter Saw 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 Miter Saw 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 Miter Saw Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Industrial Use
13.4.3. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Miter Saw Market Size and Volume Forecast by Type
13.7.1. Sliding Miter Saw
13.7.2. Compound Miter Saw
13.7.3. Others
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 Miter Saw Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Miter Saw Market: Market Share Analysis
14.2. Miter Saw Distributors and Customers
14.3. Miter Saw 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. RYOBI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CRAFTSMAN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Festool
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Makita
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Milwaukee Tool
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
