Market Analysis and Insights:
At a projected CAGR of 2.73%, the global straight grinders market is anticipated to acquire an estimated size of USD 573.5 million in 2022 to USD 691.4 million by 2029.
.jpg "The Global Straight Grinders Market 2019-2029 (USD Million)")
The growing demand for straight grinders in the industrial, construction, and automotive industries is driving market growth. Straight grinders are used for a wide range of tasks, including deburring, sharpening, and polishing.They are also used to clean metal rust and scale-covered surfaces. In the manufacturing industry, demand for straight grinders is considerable industry due to the increased use of automation in industrial operations.
The need for straight grinders is growing because of factors like increased consumer awareness, rising disposable income, and the expansion of linked sectors.
Straight Grinders Market scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2029 |
| Study Period | 2018-2029 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2029 | USD 691.4 million 2029. |
| Growth Rate | CAGR of 2.73% during 2022-2029 |
| Segment Covered | by Type ,By Application, by Region |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Bosch, Stanley Black & Decker, Atlas Copco, Makita UK, TTI, Wurth, FLEX Power Tools, Ingersoll Rand, Fein, Koki Holdings, and PFERD are among the companies represented in the Straight Grinders Industry. |
Market Definition
The straight grinder market is a subset of the power tools market that includes Handheld power tools with grinding discs are used when heavy-duty manufacturing on steel and castings is required.Straight grinders can also be referred to as die grinders or rotary tools.
They are normally powered by compressed air or electricity and are available in a range of sizes and shapes to suit various uses. Straight grinders are a very flexible instrument that may be used for a wide range of activities. They are an essential item in any workshop or kit.
Straight grinders have a wide range of uses, including Straight grinders are used in metalworking to grind metal items such as shafts, gears, and brackets.
They are also useful for deburring metal parts and removing corrosion and scale. Smoothing and polishing wood surfaces is done with straight grinders. They may be utilized to cut wood and eliminate saw marks. Straight grinders are used in construction to grind
concrete, masonry, and other materials. They are also useful for removing paint and corrosion.
Key Market Segmentation:
Insights on Types:
The Cordless Type has Emerged as the most Profitable Segment
The cordless type emerged as the straight grinder’s most profitable segment. This isbecause cordless tools are becoming more popular in the construction, automotive, and industrial sectors. They are more portable and can be utilized in locations without power.
There is no cord for them to trip over, thus they are less likely to have an accident. Because they don't emit any emissions, they are beneficial for the environment.
Electric straight grinders are more powerful than cordless grinders since they are powered by an electric motor. They also last longer on a single charge and are less expensive than cordless grinders. They are, however, less portable than cordless grinders and, if not handled properly, can be dangerous. Pneumatic straight grinders are
the most powerful type of straight grinder and are driven by compressed air. They are also quite portable and used in places without access to electricity.They are, however, more expensive than electric grinders and require the use of a compressor to function
Insights on Application:.
The Metal Processing Segment Emerged as the Most Prominent Segment Based
On Application During the forecast period, the metal processing segment is likely to be the largest application section of the straight grinder market. This is because metalworking is in high demand in the construction, automotive, and industrial sectors Straight grinders are commonly used in metal processing for activities such as grinding, deburring, and polishing. They can also be used to cut metal. The rising need for metalworking fluids in the construction, automotive, and industrial sectors is propelling this industry forward. Straight grinders are used in the woodworking industry for several activities including grinding, sanding, and polishing. They can also be used to cut down timbers. The growing need for woodworking in the construction, furniture, and ship uilding industries is propelling this market forward. Other applications in this area include stone processing, glass processing, and plastics processing. The need for these materials is rising across a number of sectors, which is fueling this market's expansion.
Insights on Regional Analysis:
Asia-Pacific to Provide Numerous Financing Opportunities
With a 20% market share in 2022, Asia Pacific will have the fastest-growing market for straight grinders. This is because the construction, automotive, and electronics sectors in the area are experiencing an increase in demand for straight grinders.
North America is the other evolving market for straight grinders, owing to the region’s high concentration of manufacturing and industrial firms. The rising demand for straight grinders in the construction and automotive industries is also propelling the market in North America forward. Europe, on the other hand, is expected to increase significantly due to a well-established manufacturing industry and a burgeoning automotive sector.
Demand for cordless straight grinders is anticipated to increase due to strict safety regulations and a focus on fine craftsmanship. In the Middle East and Africa, straight grinders hold the smallest market share (10% in 2022). A CAGR of 6% growth is predicted for the market throughout the forecast period.
Company profiles
Major players are focusing their efforts on the creation of contemporary straight grinders, which are fiercely competitive in the market.
Bosch, Stanley Black & Decker, Atlas Copco, Makita UK, TTI, Wurth, FLEX Power Tools, Ingersoll Rand, Fein, Koki Holdings, and PFERD are among the companies represented in the Straight Grinders Industry. To acquire a competitive advantage in the market, these firms are working on growing their product portfolio, introducing novel
items, and expanding their distribution network.
COVID-19 Impact and Market Status
In 2020, the global straight grinder market was significantly impacted by theCOVID-19 epidemic. The following factors contributed to the market’s decline:
Construction sites and manufacturing facilities have been forced to close as a result of the lockdown.Demand for vehicles and other devices that use straight grinders is declining. The market, however, is likely to revive in 2021 and beyond. The following factors are predicted to fuel market growth i.e. Straight grinders are in high demand in
the construction, automotive, and industrial industries. Precision grinding and polishing are in high demand in the electronics and medical industries.
Latest Trends and Innovation:
?Smart straight grinders are being developed because they are equipped with sensorsand software that can monitor and enhance their performance. They are thus simpler and less hazardous to use as a result.
?Water-cooled straight grinder development is intended to keep the grinding wheel from overheating. This makes them safer to use and increases their lifespan.
? Brushless straight grinders have been developed because they are more efficient and durable than regular straight grinders. They are also less noisy and vibrational.
Significant Growth Factors:
The building sector makes extensive use of straight grinders. In the construction business, straight grinders are used for a range of tasks like cutting, grinding, and polishing concrete, masonry, and other materials. The rising demand for infrastructure development in developing countries is likely to fuel the expansion. Another important
end-user of straight grinders is the automotive industry. Straight grinders are used in theautomobile industry for several activities such as deburring, polishing, and grinding metal parts. The market for straight grinders is expected to increase as a result of the rising demand for vehicles and the need for high-quality finishes in the automotive industry.
Straight grinders are also widely used in the industrial sector. Straight
grinders are used in the industrial sector for several operations such as grinding metal parts, cutting metal, and removing rust and scale. The increased need for machinery and equipment in the industrial sector is projected to boost the straight grinder’s growthmarket Many governments throughout the world are encouraging people to use
ecologically friendly items. This is projected to stimulate demand for cordless straight grinders, which are less harmful to the environment than corded straight grinders. The expected growth will be fueled by continued advancements in battery technology, which will result in increasing battery capacity runtime. Furthermore, the growing trend toward eco-friendly and sustainable practices will promote the demand for cordless tools.
Evenmore Straight Grinders market, the growing trend toward eco-friendly and sustainablepractices will increase demand for cordless tools, supporting the market for Straight Grinders even further.
Restraining Factors:
The market for straight grinders is expanding quickly, but there are several impediments to its expansion. Straight grinders are relatively pricey tools, which may deter some potential customers.
Straight grinder availability varies by region and they are not as widely available in someregions as they are in others. Prospective customers may find it challenging to select the ideal instrument for their needs as a result of this. Straight grinders must be serviced regularly, such as sharpening the grinding wheel and replacing worn-out parts. This process can be expensive and time-consuming. Safety issues exist because straight Incorrect usage of grinders can be harmful.This can result in injuries like cuts, burns, and eye problems Despite these obstacles and constraints, the worldwide straight grinder market is likely toexpand in the next years. The rising demand for straight grinders in the construction, automotive, and industrial sectors is propelling the market forward. The growing need for precision grinding and polishing in the electronics and medical sectors is also propelling
market growth.
Frequently Asked Questions (FAQ) :
The global Straight Grinders market size projected to reach USD 691.4 million. by 2029.
The Straight Grinders market is growing at a CAGR of 2.73% during the projection period 2022-2029
Key companies covered in the Straight Grinders market are Bosch, Stanley Black & Decker, Atlas Copco, Makita UK, TTI, Wurth, FLEX Power
Tools, Ingersoll Rand, Fein, Koki Holdings, and PFERD are among the companies represented in the Straight Grinders Industry.