Market Overview:
The Global Panel Saw Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for panel furniture, wood-based panels, wooden door and floor boards, and other applications across the globe. In terms of type, the electronic panel saw segment is projected to lead the global market during the forecast period owing to its high efficiency and low maintenance requirements. However, in terms of revenue share, the reciprocating panel saw segment is expected to dominate in 2018 due its lower cost as compared with other types of panel saws.
Product Definition:
A Panel Saw is a saw used to cut panels and boards. They are typically larger than a chop saw and smaller than a table saw, making them the perfect size for cutting down large sheets of wood or plywood.
Electronic Panel Saw:
An electronic panel saw is a type of power tool used to cut wood, metal or other stiff materials. It's an advanced version of the hand saw; it has several advantages over the traditional hand saw and this is expected to drive its demand in panel Saw market. The primary benefit offered by these tools is that they can be used without any physical contact with the material being cut. In addition, they are much faster than manual tools and hence provide better productivity during cutting operations.
Reciprocating Panel Saw:
Reciprocating panel saw is a tool used to cut metal and non-metal materials in cross or backward and forward strokes. It uses a reciprocating motion of the handle to propel the blade into the material for cutting. The main function of this equipment is to provide high speed, accuracy, and superior cuts at an economical price.
Application Insights:
The panel furniture segment dominated the global market in 2017. The product is widely used for manufacturing cabinets, shelves, and other furniture items. Growing demand for customized cabinet solutions along with rising preference for manufactured goods is expected to propel the product demand over the forecast period.
Wood based panel application segment accounted for a significant share of revenue in 2017 owing to increasing use of wood-based panels in construction and non-residential applications such as hotels and restaurants. Increasing infrastructural development activities across various developing countries are likely to augment industry growth 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 growth of this region can be attributed to rising product demand from residential application segment owing to low cost of ownership as compared to other alternatives such as concrete flooring, steel frame construction, etc. Moreover, increasing number of manufacturing facilities in emerging economies including China and India are anticipated to fuel product demand over the next eight years.
Europe accounted for a significant share in terms of revenue due to growing trend towards eco-friendly panel saws that consume less energy and produce little or no noise as compared electric powered tools used for cutting wood panels. Furthermore, presence of key manufacturers including Bosch-Saws Ltd., Makita Corporation; TEKA-AB Sweden AB; Skiliftsenteret AS; Unitec SAW Ltd.; Kreg Tool Company Inc.; among others is likely drive regional growth over the coming years.
Growth Factors:
- Increasing demand for wood-based products in construction and furniture industry
- Rising awareness about the benefits of using panel saws among small businesses and DIY enthusiasts
- Technological advancements that have made panel saws more efficient and easier to use
- Growing popularity of home improvement projects among homeowners
- Expansion of global trade, which is creating new opportunities for panel saw manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Panel Saw Market Research Report
By Type
Electronic Panel Saw, Reciprocating Panel Saw, Sliding Table Saw
By Application
Panel Furniture, Wood Based Panel, Wooden Door & Floor Board, Others
By Companies
HOMAG, Schelling, Weinig, Nanxing, KDT, Fulpow, Hendrick, TAI CHAN, MeiJing, Qingdao Sanmu
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Panel Saw Market Report Segments:
The global Panel Saw market is segmented on the basis of:
Types
Electronic Panel Saw, Reciprocating Panel Saw, Sliding Table Saw
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
Panel Furniture, Wood Based Panel, Wooden Door & Floor Board, 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:
- HOMAG
- Schelling
- Weinig
- Nanxing
- KDT
- Fulpow
- Hendrick
- TAI CHAN
- MeiJing
- Qingdao Sanmu
Highlights of The Panel 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:
- Electronic Panel Saw
- Reciprocating Panel Saw
- Sliding Table Saw
- By Application:
- Panel Furniture
- Wood Based Panel
- Wooden Door & Floor Board
- 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 Panel 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 panel saw is a type of saw that has a large, circular blade that is mounted on an arm. The blade can be moved across the workpiece to create cuts.
Some of the major companies in the panel saw market are HOMAG, Schelling, Weinig, Nanxing, KDT, Fulpow, Hendrick, TAI CHAN, MeiJing, Qingdao Sanmu.
The panel saw market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Panel 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. Panel Saw Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Panel Saw Market - Supply Chain
4.5. Global Panel Saw Market Forecast
4.5.1. Panel Saw Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Panel Saw Market Size (000 Units) and Y-o-Y Growth
4.5.3. Panel Saw Market Absolute $ Opportunity
5. Global Panel 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. Panel Saw Market Size and Volume Forecast by Type
5.3.1. Electronic Panel Saw
5.3.2. Reciprocating Panel Saw
5.3.3. Sliding Table Saw
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Panel 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. Panel Saw Market Size and Volume Forecast by Application
6.3.1. Panel Furniture
6.3.2. Wood Based Panel
6.3.3. Wooden Door & Floor Board
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Panel 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. Panel 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 Panel 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. Panel 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 Panel Saw Demand Share Forecast, 2019-2026
9. North America Panel 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 Panel 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 Panel Saw Market Size and Volume Forecast by Application
9.4.1. Panel Furniture
9.4.2. Wood Based Panel
9.4.3. Wooden Door & Floor Board
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Panel Saw Market Size and Volume Forecast by Type
9.7.1. Electronic Panel Saw
9.7.2. Reciprocating Panel Saw
9.7.3. Sliding Table Saw
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 Panel Saw Demand Share Forecast, 2019-2026
10. Latin America Panel 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 Panel 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 Panel Saw Market Size and Volume Forecast by Application
10.4.1. Panel Furniture
10.4.2. Wood Based Panel
10.4.3. Wooden Door & Floor Board
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Panel Saw Market Size and Volume Forecast by Type
10.7.1. Electronic Panel Saw
10.7.2. Reciprocating Panel Saw
10.7.3. Sliding Table Saw
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 Panel Saw Demand Share Forecast, 2019-2026
11. Europe Panel 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 Panel 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 Panel Saw Market Size and Volume Forecast by Application
11.4.1. Panel Furniture
11.4.2. Wood Based Panel
11.4.3. Wooden Door & Floor Board
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Panel Saw Market Size and Volume Forecast by Type
11.7.1. Electronic Panel Saw
11.7.2. Reciprocating Panel Saw
11.7.3. Sliding Table Saw
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 Panel Saw Demand Share, 2019-2026
12. Asia Pacific Panel 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 Panel 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 Panel Saw Market Size and Volume Forecast by Application
12.4.1. Panel Furniture
12.4.2. Wood Based Panel
12.4.3. Wooden Door & Floor Board
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Panel Saw Market Size and Volume Forecast by Type
12.7.1. Electronic Panel Saw
12.7.2. Reciprocating Panel Saw
12.7.3. Sliding Table Saw
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 Panel Saw Demand Share, 2019-2026
13. Middle East & Africa Panel 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 Panel 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 Panel Saw Market Size and Volume Forecast by Application
13.4.1. Panel Furniture
13.4.2. Wood Based Panel
13.4.3. Wooden Door & Floor Board
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Panel Saw Market Size and Volume Forecast by Type
13.7.1. Electronic Panel Saw
13.7.2. Reciprocating Panel Saw
13.7.3. Sliding Table Saw
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 Panel Saw Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Panel Saw Market: Market Share Analysis
14.2. Panel Saw Distributors and Customers
14.3. Panel Saw Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HOMAG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schelling
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Weinig
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nanxing
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KDT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fulpow
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hendrick
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TAI CHAN
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MeiJing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Qingdao Sanmu
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
