Saw blades: Key market research findings
- Automation in saw blades market
- Demand for saw blades for precision cutting
Technavio has released a new market research report on the global saw blades market, which is expected to grow at a CAGR of 7% between 2016 and 2020. Rising demand for metal cutting across industries is the major driving factor in the saw blades market. Saw blades that have the required strength to cut raw materials such as steel and aluminum is expected to witness huge growth over the next four years. EMEA leads the global saw blades market, occupying around 52% of the overall market share. High growth of the sawmill industry in Sweden and Germany coupled with the growth of the automotive sector in the region drives the market in the EMEA region.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Of late, the manufacturers are automating the production of saw blades. They are using automation in the brazing process, which involves joining of two metals. Companies such as HMT Machine Tools and Gerling Automation offer automatic brazing machines for saw blades production. These machines ensure an optimal tip of the blade for applications requiring precise results, quick and exact adjustment to varied saw blade sizes, and material cost savings,” says Anju Ajaykumar, Lead Analyst, Heavy Industry, Technavio Research
Vendors are using various cutting tools such as saw blades for precise designs, as they facilitate the manufacture of complex products and shapes. The effective use of the appropriate saw blade for cutting enables industries to develop superior-quality products with an increased dimensional accuracy. Moreover, , there is an increasing demand for small and compact saw blades that are capable of performing specific functions in wood and metal cutting on a small scale.
The key vendors in the global saw blades market are AKE, Dimar, Freud, Leuco and Pilana. This market is well-diversified with the presence of several global and regional players offering a wide range of saw blades. These vendors focus on the quality of saw blades. The local playersin this market have an advantage over global players in terms of availability of raw materials and product pricing. However, to match with the regional vendors, the global players have started reducing their prices.
A more detailed analysis is available in the Technavio report, Global Saw Blades Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
