The Angle Grinder Market Size was estimated at 9.28 (USD Billion) in 2022. The Angle Grinder Industry is expected to grow from 9.67(USD Billion) in 2023 to 14.0 (USD Billion) by 2032. The Angle Grinder Market CAGR (growth rate) is expected to be around 4.2% during the forecast period (2024 - 2032).
Key market drivers for angle grinders include expanding construction and manufacturing sectors, increasing demand for home renovation projects, and the adoption of cordless and compact models for improved convenience and portability.Opportunities for exploration in the angle grinder market lie in emerging markets with growing infrastructure development and the development of new applications, such as in the food processing and automotive industries. Additionally, advancements in battery technology, ergonomic designs, and safety features present opportunities for manufacturers to differentiate their offerings.Recent trends in the angle grinder market include the growing popularity of cordless models due to their increased mobility and reduced downtime. Furthermore, the adoption of brushless motors is gaining traction due to their improved efficiency and longer tool life. Manufacturers are also focusing on developing models with enhanced safety features, such as anti-kickback mechanisms and vibration reduction systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The growing construction industry is a major driver for the angle grinder market. Angle grinders are essential tools for cutting, grinding, and shaping metal, making them indispensable in various construction projects. The increasing number of infrastructure projects, such as the construction of bridges, buildings, and roads, has led to a surge in the demand for angle grinders. Additionally, the rising popularity of metalworking in industries like automotive, shipbuilding, and aerospace has further contributed to the growth of the angle grinder market.These industries rely heavily on angle grinders for tasks such as cutting, deburring, and polishing metal components.
The angle grinder market is constantly evolving, with manufacturers investing heavily in research and development to introduce innovative products. Technological advancements have led to the development of angle grinders with improved ergonomics, safety features, and efficiency. For instance, cordless angle grinders have gained popularity due to their portability and convenience, making them ideal for various applications. Additionally, advancements in battery technology have extended the runtime and power of cordless angle grinders, reducing the reliance on power cords.These technological innovations have significantly contributed to the growth and adoption of angle grinders across various industries.
The automotive industry is a huge area where angle grinders can be used. Such a demand results from the great number of both manufacturing and repairing works. The production of cars is growing, and the designs are becoming more and more complicated. As a result, factories and repair stores need more high-quality tools. Angle grinders are excellent for cutting, grinding, and shaping metals – these tasks are carried out everywhere in the process of making new vehicles.Besides, due to the popularity of electric cars, angle grinders have also become needed because the materials for such vehicles must be light.
The Angle Grinder Market is segmented by Power Source into Electric, Pneumatic, Hydraulic, and Gasoline. In 2023, the Electric segment held the largest market share, which was over 60% of the whole Angle Grinder Market revenue. The development of the Electric segment of the studied market is associated with the continuously growing demand for cordless angle grinders, which are associated with increasing convenience and the dust extraction system allowing for safer work. The Pneumatic segment is expected to develop with the fastest CAGR value during the analyzed time period.The demand for pneumatic angle grinders is mainly developing in the automotive and metalworking industry, and they are considered to be heavy-duty tools due to their high power and durability. The Hydraulic segment is expected to remain a small part of the whole Angle Grinder Market. Typically, hydraulic angle grinders are used in niche applications such as underwater cutting and grinding. The Gasoline segment is expected to develop at a stable CAGR value during the next three years. Gasoline angle grinders are used mainly in outdoor applications, such as construction or landscaping.Notably, the electric segment of the Angle Grinder Market is the largest but also does not present significant potential for further development.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Angle Grinder Market segmentation by Application is estimated to be USD 4.2 billion by 2027, from USD 2.96 billion in 2023, while growing at a CAGR of 4.5% for the forecasted period. Metal Fabrication was the largest in terms of revenue, around 38% in 2023, and is anticipated to continue its dominance in the forecasted period. The growth of the segment is attributed to the usage of angle grinders to cut, shape, and polish components in the metal industry that have applications in the automotive, construction, shipbuilding industries and others.The Construction segment is expected to be the fastest-growing over the forecasted period due to the construction industry’s rising demand for cutting and shaping concrete, tiles, and others. The application of angle grinder by the Automotive Repair segment is also expected to contribute to the segment’s growth due to the increasing number of vehicles on the road.
The angle segment in the Angle Grinder Market is categorized into 90 Degrees, 120 Degrees, and 180 Degrees. Among these, the 90-degree angle segment dominates the market with a significant share, owing to its wide applicability in various industrial sectors such as metalworking, construction, and automotive. The 120-degree angle segment is projected to witness steady growth over the forecast period, driven by increasing demand from the aerospace and shipbuilding industries. The 180-degree angle segment is expected to have a moderate growth rate, primarily due to its niche applications in specialized industries like mold making and stoneworking.
The Disc Size segment of the Angle Grinder Market is segmented into 4 Inches, 5 Inches, 6 Inches, and 7 Inches. In 2023, the 4 Inches segment held the largest market share, accounting for around 35% of the Angle Grinder Market revenue. The 5-inch segment is projected to grow at the highest CAGR during the forecast period, driven by the increasing demand for angle grinders with larger disc sizes in the construction and metalworking industries. The 6 Inches segment is expected to witness steady growth due to its versatility and wide range of applications.The 7 Inches segment is anticipated to have a moderate growth rate, catering to specialized industrial applications. Overall, the Disc Size segment is expected to contribute significantly to the growth of the Angle Grinder Market, with each segment offering unique advantages and applications across various industries.
The Angle Grinder Market is segmented based on region into North America, Europe, APAC, South America, and MEA. The APAC region is expected to account for the largest share of the angle grinder market in 2023, owing to the rising construction activities and increasing demand for angle grinders in various industries such as automotive, shipbuilding, and metal fabrication. The North American region is expected to be the second-largest market for angle grinders, driven by the increasing adoption of advanced construction technologies and the growing demand for portable power tools.Europe is expected to hold a significant share of the angle grinder market due to the presence of a large number of automotive and manufacturing industries in the region. South America and MEA are expected to witness moderate growth in the angle grinder market, owing to the increasing urbanization and industrialization in these regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Major players in the Angle Grinder Market industry are continuously working on developing new and advanced products to cater to the growing demand from various end-use industries. Leading Angle Grinder Market players are also focusing on expanding their presence and distribution networks to increase their market share. The Angle Grinder Market development is driven by the rising demand from the construction, metal fabrication, and automotive industries. The Angle Grinder Market Competitive Landscape is expected to remain competitive due to the presence of a large number of established and emerging players.Bosch, a leading company in the Angle Grinder Market, offers a wide range of angle grinders, including corded, cordless, and pneumatic models. The company's angle grinders are known for their durability, performance, and safety features. Bosch has a strong presence and distribution network, which has helped it to maintain its leading position in the market.Makita, a competitor company in the Angle Grinder Market, is another major player in the industry. The company offers a wide range of angle grinders, including both corded and cordless models. Makita's angle grinders are known for their high quality, durability, and ergonomics. The company has a strong presence in the Americas, Europe, and Asia-Pacific regions. Makita's focus on innovation and product development has helped it to gain market share and compete with other leading players in the industry.
The angle grinder market is projected to grow from USD 9.67 billion in 2023 to USD 14.0 billion by 2032, exhibiting a CAGR of 4.2% during the forecast period. The market growth is primarily attributed to the increasing demand for angle grinders in the construction, metalworking, and automotive industries.Recent news developments in the angle grinder market include the launch of new products by major manufacturers such as Bosch, Makita, and DeWalt. These new products offer improved features such as higher power, longer battery life, and ergonomic designs. Additionally, the growing adoption of cordless angle grinders is driving market growth due to their portability and convenience.In terms of regional markets, Asia-Pacific is expected to hold the largest share of the angle grinder market throughout the forecast period. This growth is attributed to the increasing construction activities in the region, particularly in China and India. North America and Europe are also expected to witness significant growth in the angle grinder market due to the presence of established construction and manufacturing industries.
| Report Attribute/Metric | Details |
| Market Size 2022 | 9.28(USD Billion) |
| Market Size 2023 | 9.67(USD Billion) |
| Market Size 2032 | 14.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 4.2% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Dremel, Hitachi, Milwaukee, Festool, Ryobi, Craftsman, Porter-Cable, Makita, Black+Decker, Flex, Skil, Metabo, Dewalt, Hilti, Bosch |
| Segments Covered | Power Source, Application, Angle, Disc Size, Regional |
| Key Market Opportunities | Cordless angle grinders Brushless angle grinders Compact angle grinders High-performance angle grinders Battery-powered angle grinders |
| Key Market Dynamics | Rising demand for metalworking Automotive construction and manufacturing sectors drive growth. Technological advancements Cordless brushless and variable speed grinders expand capabilities. Safety concerns and regulations Stringent standards promote demand for safety features. Emerging markets Rapid urbanization and infrastructure development in developing countries Competition intensifies Consolidation, and new entrants increase market rivalry. |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The angle grinder market is projected to reach a valuation of USD 9.67 billion in 2023, indicating a significant market size in the industry.
The angle grinder market is anticipated to expand at a steady compound annual growth rate (CAGR) of 4.2% from 2024 to 2032.
The growth of the angle grinder market is attributed to increasing demand from various end-use industries, such as construction, metal fabrication, and automotive, along with the growing popularity of DIY projects and home improvement activities.
The Asia-Pacific region is anticipated to dominate the angle grinder market, owing to the presence of major manufacturing hubs and rapidly growing economies in countries such as China, India, and Japan.
Key players in the angle grinder market include Robert Bosch GmbH, Stanley Black & Decker, Makita Corporation, Milwaukee Electric Tool Corporation, and Hitachi Koki Co., Ltd.
Angle grinders are primarily classified into two types: corded angle grinders and cordless angle grinders. Corded angle grinders are powered by electricity, while cordless angle grinders are powered by batteries.
Angle grinders are versatile tools used for various applications, including cutting, grinding, polishing, and shaping metal, concrete, and other materials.
The angle grinder market is projected to reach a valuation of USD 14.0 billion by 2032, indicating a steady growth trajectory over the forecast period.
Key trends influencing the angle grinder market include the increasing adoption of cordless angle grinders, advancements in battery technology, and the growing emphasis on safety features and ergonomics in power tools.
The angle grinder market faces certain challenges, such as intense competition, fluctuating raw material prices, and stringent regulatory requirements related to safety and emissions.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
