Market Overview:
The global mortiser 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 mortisers from the construction industry, packaging industry, and other industries. Additionally, the growing demand for woodworking machines in developing countries is also contributing to the growth of this market. The global mortiser market can be segmented on the basis of type into square chisel mortisers and hollow chisel mortisers. The square chiselmortiser segment is expected to hold a major share of this market duringthe forecast period owingto its high accuracy and precision levels compared with other types ofmortisers. Onthe basisof application, themarket can be divided into three segments: construction industry, packagingindustry,and others (including furniture manufacturing and repair).
Product Definition:
A mortiser is a power tool used to cut square or rectangular holes in wood, typically for the insertion of a tenon.
Square Chisel Mortiser:
The square chisel mortiser is a tool that belongs to the category of power tools. It is primarily used for removing wooden parts in furniture such as bed frames, dressers, chairs and so on. The growing construction industry across the globe has led to an increase in demand for such tools which are capable of performing tasks more efficiently than hand tools.
Hollow Chisel Mortiser:
Hollow chisel mortiser is a tool used to cut the wood and stone in Mortise & Tenon joint. It consists of two steel blades that are hinged at one end with a round or square hole through which the timber or other material can be inserted. The other end of the hollow chisel mortiser has an angle that allows it to bite into the timber, thereby creating a cavity along its length.
Application Insights:
The construction industry led the global market and accounted for more than a 38% share of the overall revenue in 2017. The growth can be attributed to increasing investments in residential, commercial, and infrastructural projects across the globe. Mortising machines are used extensively for interior as well as exterior construction applications on account of their ease of use and high precision. Moreover, they offer enhanced productivity along with cost-effectiveness owing to their compact size and low power consumption.
The packaging industry is anticipated to emerge as one of the prominent segments over the forecast period due to rapid industrialization coupled with growing domestic demand for packaged food products such as ready-to-eat meals (REMs) & frozen foods in emerging economies including China India & Brazil among others will drive growth further.
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 strong economic growth on account of increasing foreign investments coupled with rising disposable income, especially in developing countries such as China and India. Growing construction activities due to growing urbanization are also anticipated to drive the regional market growth over the forecast period.
The North America market was valued at USD X million in 2017 owing to high demand from end-use industries such as construction, automotive, packaging among others for mortising machines with advanced features including power transmission system and digital machine control (DMC). Moreover, growing focus on energy conservation by manufacturers is likely to result in increased adoption of low-power consuming equipment which will further boost product demand across this region during the forecast period.
Europe accounted for a significant share of revenue generated by Asia Pacific based on geography owing to presence of major players operating throughout Europe including JCB International plc., Komatsu Ltd.
Growth Factors:
- Increasing demand for mortisers from the furniture industry
- Rising demand for mortisers from the construction industry
- Growing popularity of mortisers among DIY enthusiasts and hobbyists
- Increasing use of mortisers in educational institutions and training centers
- Technological advancements in mortiser technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Mortiser Market Research Report
By Type
Square Chisel Mortiser, Hollow Chisel Mortiser
By Application
Construction Industry, Packaging Industry, Others
By Companies
CHANG TYPE Industrial, Wadkin Woodworking Machines, DMT Holdings, China National Building Material Group, Felder Group, SCM Group, OAV Equipment and Tools, Rockler, Y?lmaz Makine, Otto Martin Maschinenbau, Fulpow, Holzmann-maschinen
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Mortiser Market Report Segments:
The global Mortiser market is segmented on the basis of:
Types
Square Chisel Mortiser, Hollow Chisel Mortiser
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 Industry, Packaging Industry, 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:
- CHANG TYPE Industrial
- Wadkin Woodworking Machines
- DMT Holdings
- China National Building Material Group
- Felder Group
- SCM Group
- OAV Equipment and Tools
- Rockler
- Y?lmaz Makine
- Otto Martin Maschinenbau
- Fulpow
- Holzmann-maschinen
Highlights of The Mortiser 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:
- Square Chisel Mortiser
- Hollow Chisel Mortiser
- By Application:
- Construction Industry
- Packaging Industry
- 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 Mortiser 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?
Mortiser is a tool used to cut wood.
Some of the key players operating in the mortiser market are CHANG TYPE Industrial, Wadkin Woodworking Machines, DMT Holdings, China National Building Material Group, Felder Group, SCM Group, OAV Equipment and Tools, Rockler, Y?lmaz Makine, Otto Martin Maschinenbau, Fulpow, Holzmann-maschinen.
The mortiser market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mortiser 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. Mortiser Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mortiser Market - Supply Chain
4.5. Global Mortiser Market Forecast
4.5.1. Mortiser Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mortiser Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mortiser Market Absolute $ Opportunity
5. Global Mortiser 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. Mortiser Market Size and Volume Forecast by Type
5.3.1. Square Chisel Mortiser
5.3.2. Hollow Chisel Mortiser
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mortiser 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. Mortiser Market Size and Volume Forecast by Application
6.3.1. Construction Industry
6.3.2. Packaging Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mortiser 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. Mortiser 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 Mortiser 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. Mortiser 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 Mortiser Demand Share Forecast, 2019-2026
9. North America Mortiser 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 Mortiser 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 Mortiser Market Size and Volume Forecast by Application
9.4.1. Construction Industry
9.4.2. Packaging Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mortiser Market Size and Volume Forecast by Type
9.7.1. Square Chisel Mortiser
9.7.2. Hollow Chisel Mortiser
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 Mortiser Demand Share Forecast, 2019-2026
10. Latin America Mortiser 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 Mortiser 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 Mortiser Market Size and Volume Forecast by Application
10.4.1. Construction Industry
10.4.2. Packaging Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mortiser Market Size and Volume Forecast by Type
10.7.1. Square Chisel Mortiser
10.7.2. Hollow Chisel Mortiser
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 Mortiser Demand Share Forecast, 2019-2026
11. Europe Mortiser 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 Mortiser 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 Mortiser Market Size and Volume Forecast by Application
11.4.1. Construction Industry
11.4.2. Packaging Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mortiser Market Size and Volume Forecast by Type
11.7.1. Square Chisel Mortiser
11.7.2. Hollow Chisel Mortiser
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 Mortiser Demand Share, 2019-2026
12. Asia Pacific Mortiser 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 Mortiser 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 Mortiser Market Size and Volume Forecast by Application
12.4.1. Construction Industry
12.4.2. Packaging Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mortiser Market Size and Volume Forecast by Type
12.7.1. Square Chisel Mortiser
12.7.2. Hollow Chisel Mortiser
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 Mortiser Demand Share, 2019-2026
13. Middle East & Africa Mortiser 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 Mortiser 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 Mortiser Market Size and Volume Forecast by Application
13.4.1. Construction Industry
13.4.2. Packaging Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mortiser Market Size and Volume Forecast by Type
13.7.1. Square Chisel Mortiser
13.7.2. Hollow Chisel Mortiser
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 Mortiser Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mortiser Market: Market Share Analysis
14.2. Mortiser Distributors and Customers
14.3. Mortiser Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CHANG TYPE Industrial
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wadkin Woodworking Machines
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DMT Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. China National Building Material Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Felder Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SCM Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OAV Equipment and Tools
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rockler
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Y?lmaz Makine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Otto Martin Maschinenbau
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fulpow
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Holzmann-maschinen
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
