Market Overview:
The global tubing cutter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented by type, application and region. By type, the ratchet tube cutters segment is expected to hold the largest share of the market in 2018, followed by three way tube cutters and power tube cutters segments. By application, the cut tubes segment is expected to hold the largest share of the market in 2018, followed by other applications segments. North America dominates this market with highest revenue contribution in 2017 and it will continue its dominance during forecast period as well (2018-2030).
Product Definition:
A tubing cutter is a small hand-held tool that is used to cut metal tubing. It has a circular blade that is mounted on a rotating shaft. The blade cuts through the tubing when it is pressed against the side of the tube. Tubing cutters are used in plumbing and other metalworking applications.
Ratchet Tube Cutters:
The ratchet tube cutters are used to cut the end off a tube. It is mainly used in medical and oil & gas industries. The product has applications in various sectors such as automotive, aerospace, construction, electronics manufacturing and healthcare among others. In the automotive sector it is widely used for removing wheel nuts which are then replaced by hand tools or torque wrenches; whereas in the aerospace industry it is extensively utilized for removing aircraft sprockets without any external assistance.
Three way Tube Cutters:
Three way tube cutters is a device used to cut three different types of tubes namely, round, o.d., and square tubes at the same time.
Application Insights:
The other application segment dominated the global market in terms of revenue share in 2017. This is attributed to the growing demand for products from various end-use industries including oil & gas, construction, mining and civil engineering. The growth of these industries is directly related to Tubing Cutter manufacturers as they require a large number of tubes on a daily basis.
The cut tube segment accounted for more than 50% share in 2017 and will continue its dominance over the forecast period owing to increasing demand from various sectors such as energy, chemicals and petrochemicals among others. In addition to this, rising awareness about safety along with an increase in spending capacity are expected to propel industry growth over the forecast period thereby driving demand for tubing cutters across all regions globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for construction equipment and machinery in various applications including mining, civil engineering, and agriculture. Moreover, growing infrastructure activities are anticipated to fuel product demand over the coming years.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to rapid industrialization along with increasing government initiatives for infrastructural development across countries such as China and India.
Growth Factors:
- Increasing demand from construction and manufacturing industries for tubing cutter as a precision tool for cutting tubes of different sizes accurately.
- Rising popularity of tubing cutter among DIY enthusiasts and home handymen due to its easy operability and affordability.
- Growing demand for portable tubing cutters that can be easily carried around on job sites.
- Technological advancements in the design and functionality of tubing cutters, making them more efficient and user-friendly than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tubing Cutter Market Research Report
By Type
Ratchet Tube Cutters, Three way Tube Cutters, Power Tube Cutters, Wheel Tube Cutters, Pivot Joint Tube Cutters, Trigger Tube Cutters, Soil and Drain Tube Cutters
By Application
Cut Tube, Other
By Companies
Ridgid, Tools Plus, Wheeler-Rex, Rothenberger, Reed, Milwaukee, Imperial, Lenox, Yellow Jacket, Huskie Tools, Bosch, General, Ratch Cut, Klein Tools
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Tubing Cutter Market Report Segments:
The global Tubing Cutter market is segmented on the basis of:
Types
Ratchet Tube Cutters, Three way Tube Cutters, Power Tube Cutters, Wheel Tube Cutters, Pivot Joint Tube Cutters, Trigger Tube Cutters, Soil and Drain Tube Cutters
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
Cut Tube, Other
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:
- Ridgid
- Tools Plus
- Wheeler-Rex
- Rothenberger
- Reed
- Milwaukee
- Imperial
- Lenox
- Yellow Jacket
- Huskie Tools
- Bosch
- General
- Ratch Cut
- Klein Tools
Highlights of The Tubing Cutter 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:
- Ratchet Tube Cutters
- Three way Tube Cutters
- Power Tube Cutters
- Wheel Tube Cutters
- Pivot Joint Tube Cutters
- Trigger Tube Cutters
- Soil and Drain Tube Cutters
- By Application:
- Cut Tube
- Other
- 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 Tubing Cutter 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
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- Consumer Insights
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- Product & Brand Management
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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?
A tubing cutter is a tool used to cut tubes of various shapes and sizes. It typically has a blade that can be rotated around the circumference of the tube, making it easy to make precise cuts.
Some of the key players operating in the tubing cutter market are Ridgid, Tools Plus, Wheeler-Rex, Rothenberger, Reed, Milwaukee, Imperial, Lenox, Yellow Jacket, Huskie Tools, Bosch, General, Ratch Cut, Klein Tools.
The tubing cutter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tubing Cutter 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. Tubing Cutter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tubing Cutter Market - Supply Chain
4.5. Global Tubing Cutter Market Forecast
4.5.1. Tubing Cutter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tubing Cutter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tubing Cutter Market Absolute $ Opportunity
5. Global Tubing Cutter 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. Tubing Cutter Market Size and Volume Forecast by Type
5.3.1. Ratchet Tube Cutters
5.3.2. Three way Tube Cutters
5.3.3. Power Tube Cutters
5.3.4. Wheel Tube Cutters
5.3.5. Pivot Joint Tube Cutters
5.3.6. Trigger Tube Cutters
5.3.7. Soil and Drain Tube Cutters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tubing Cutter 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. Tubing Cutter Market Size and Volume Forecast by Application
6.3.1. Cut Tube
6.3.2. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tubing Cutter 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. Tubing Cutter 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 Tubing Cutter 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. Tubing Cutter 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 Tubing Cutter Demand Share Forecast, 2019-2026
9. North America Tubing Cutter 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 Tubing Cutter 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 Tubing Cutter Market Size and Volume Forecast by Application
9.4.1. Cut Tube
9.4.2. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tubing Cutter Market Size and Volume Forecast by Type
9.7.1. Ratchet Tube Cutters
9.7.2. Three way Tube Cutters
9.7.3. Power Tube Cutters
9.7.4. Wheel Tube Cutters
9.7.5. Pivot Joint Tube Cutters
9.7.6. Trigger Tube Cutters
9.7.7. Soil and Drain Tube Cutters
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 Tubing Cutter Demand Share Forecast, 2019-2026
10. Latin America Tubing Cutter 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 Tubing Cutter 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 Tubing Cutter Market Size and Volume Forecast by Application
10.4.1. Cut Tube
10.4.2. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tubing Cutter Market Size and Volume Forecast by Type
10.7.1. Ratchet Tube Cutters
10.7.2. Three way Tube Cutters
10.7.3. Power Tube Cutters
10.7.4. Wheel Tube Cutters
10.7.5. Pivot Joint Tube Cutters
10.7.6. Trigger Tube Cutters
10.7.7. Soil and Drain Tube Cutters
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 Tubing Cutter Demand Share Forecast, 2019-2026
11. Europe Tubing Cutter 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 Tubing Cutter 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 Tubing Cutter Market Size and Volume Forecast by Application
11.4.1. Cut Tube
11.4.2. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tubing Cutter Market Size and Volume Forecast by Type
11.7.1. Ratchet Tube Cutters
11.7.2. Three way Tube Cutters
11.7.3. Power Tube Cutters
11.7.4. Wheel Tube Cutters
11.7.5. Pivot Joint Tube Cutters
11.7.6. Trigger Tube Cutters
11.7.7. Soil and Drain Tube Cutters
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 Tubing Cutter Demand Share, 2019-2026
12. Asia Pacific Tubing Cutter 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 Tubing Cutter 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 Tubing Cutter Market Size and Volume Forecast by Application
12.4.1. Cut Tube
12.4.2. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tubing Cutter Market Size and Volume Forecast by Type
12.7.1. Ratchet Tube Cutters
12.7.2. Three way Tube Cutters
12.7.3. Power Tube Cutters
12.7.4. Wheel Tube Cutters
12.7.5. Pivot Joint Tube Cutters
12.7.6. Trigger Tube Cutters
12.7.7. Soil and Drain Tube Cutters
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 Tubing Cutter Demand Share, 2019-2026
13. Middle East & Africa Tubing Cutter 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 Tubing Cutter 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 Tubing Cutter Market Size and Volume Forecast by Application
13.4.1. Cut Tube
13.4.2. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tubing Cutter Market Size and Volume Forecast by Type
13.7.1. Ratchet Tube Cutters
13.7.2. Three way Tube Cutters
13.7.3. Power Tube Cutters
13.7.4. Wheel Tube Cutters
13.7.5. Pivot Joint Tube Cutters
13.7.6. Trigger Tube Cutters
13.7.7. Soil and Drain Tube Cutters
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 Tubing Cutter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tubing Cutter Market: Market Share Analysis
14.2. Tubing Cutter Distributors and Customers
14.3. Tubing Cutter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ridgid
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tools Plus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wheeler-Rex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rothenberger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Reed
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Milwaukee
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Imperial
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lenox
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yellow Jacket
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huskie Tools
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bosch
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. General
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ratch Cut
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Klein Tools
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
