Saw Blades Market Growing at 7.1% CAGR as Demand for Precision Cutting Rise by 2020
PUNE, India, March 8, 2016 /PRNewswire/ --
The Global Saw Blades Market 2016-2020 report analysts say that in the home and office furniture segments, consumers nowadays prefer elegant and luxury furniture, which fuels demand for specialized saw blades that enable precision cutting of wood along with minimal wastage of raw materials. Moreover, concepts such as modular kitchens are increasing due to space constraints in modern housing units, such as apartments.
Complete report on saw blades market spread across 59 pages, analyzing 5 major companies and providing 40 data exhibits is now available at http://www.reportsnreports.com/reports/496186-global-saw-blades-market-2016-2020.html
The analysts forecast global saw blades market to grow at a CAGR of 7.1% during the period 2016-2020. According to the report, one of the key factors positively driving the global saw blades market is an expected growth in the sawmill market. Saw mills are an essential part of the lumber industry that involves processing of wooden logs and converting them into lumber to be used by end-users for various applications, including building woodwork or furniture and processing into pulp and paper, in the house and commercial construction sectors. Due to rising demand for wood by these end-users, sawmill production has increased in the post-2008 recession period.
The stone cutting segment led the market during 2015, accounting for a market share of more than 22%. Rock or stone is a commonly used material in construction activities as a building material for walls, floors, pavements, roads, and bridges. Stone cutting saw blades are used while preparing the stones, tiles, and marble to be used in construction. Diamond is a commonly used material for these saw blades. Diamond saw blades are high-speed blades used for cutting masonry and offer fast, smooth, and clean cuts in stones, tiles, and marble. These blades mostly derive their demand from the construction and mining industries. Order the Global Saw Blades Market 2016 - 2020 report at http://www.reportsnreports.com/purchase.aspx?name=496186
Competitive landscape and key vendors: The saw blades market displays an extremely competitive environment in both emerging as well as developed countries. There are numerous global and regional players offering a wide range of saw blades. These vendors focus on the quality of saw blades. The local players have an advantage over global players in terms of availability of raw materials and product pricing. They are also trying to build strong supply chains and distribution systems that will help them gain a competitive edge in the market in the coming years
The key players in the Global Saw Blades Market are AKE, Dimar, Freud, Leuco and Pilana. Other Prominent Vendors in the market are: Lenox, Morse, Kinkelder, Leitz, STARK, Tyrolit and Rothenberger.
Further, the report states that competition from low-cost vendors puts the global suppliers under pressure to reduce the price of their products, resulting in price wars, and affects the profit margins of the vendors in the market, and impedes market growth.
Another related report is Global Cordless Garden Equipment Market 2016-2020 that predicts the global cordless garden tools market to grow steadily at a CAGR of 5% during the forecast period. The rising need to add aesthetic appeal to residential and commercial properties around the world is a key driver for the growth of this market. Landscaping is believed to increase the value of a property by nearly 12%. The unfavorable weather conditions such as floods, dry summers, and heavy snowfalls create a demand for the repair of lawns, trees, hedges, and gardens, triggering a need for cordless garden equipment. Browse complete report at http://www.reportsnreports.com/reports/444825-global-cordless-garden-equipment-market-2016-2020.html
New trends such as hybrid lawn mowers are also expected to contribute to the market growth during the forecast period. Most electric ride-on mowers have a low battery capacity and have run times of about an hour. Hybrid mowers that have an onboard charging system can address this problem efficiently. For instance, the Raven MPV-7100 has a 420 cc engine that powers the onboard 7,100-watt generator. The generator powers the blades, outlets, and charges the batteries. The power outlet can supply power to up to 5 outlets, for 8 hours at half load on a full tank of gas.
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