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Electric Tile Cutter Market Share, Size, Trends, Industry Analysis Report Electric, By Type; By Application; By Region; Segment Forecast, 2022-2030

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    Report

  • 115 Pages
  • November 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5707053
The global electric tile cutter market size is expected to reach USD 338.2 million by 2030, according to a new study. The report “Electric Tile Cutter Market Share, Size, Trends, Industry Analysis Report, By Type (Wet Tile Cutter, and Dry Tile Cutter); By Application; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rapid advancements in the technology of electric cutters are boosting market growth over the forecast period. Retailers are expanding their use of advances in digital printing technology to offer ceramic tiles with a wide variety of design aspects which further fostering the industry growth. Advancements in electric tile cutter products drive the market in workpiece production methods such as metal injection molding, 3D printing, investment casting, and close-tolerance forging.

For instance, 3D printing technology, which allows users to manufacture three-dimensional objects, rapidly grows among industry leaders. The benefits of 3D printing, including optimal raw material use, waste reduction, and ease of manufacturing different complicated geometrics, are set to propel market expansion in the coming years. The widespread use of 3D printing in construction will contribute to the additive manufacturing industry’s growth in the forecasted period.

Furthermore, the governments are focusing on the launches of various projects to develop the industry; among the various projects, Industry 4.0 is to create opportunities for the growth of the market during the forecast period. The convergence of Industry 4.0 with cutting tools is a significant factor that promises a profusion of trade and adoption prospects in the industry.

According to the company, this idea, combined with cutting tools, focuses on improving output control and efficiency while reducing costs through a network of connected machining and access to production data and expert knowledge. Therefore, the advancement in technologies, along with governmental support, is the major factor boosting the market growth over the forecast period.

Additionally, the use of DIY electric power tools in the construction industry is the primary factor driving growth in the global market. Electric cutting tile power tools provide more accuracy and control, further increasing DIY power tool sales. The demand for cordless electric power tools such as tile cutters will exceed that of conventional plug-in models. Brushless motors, which are more efficient than brushed motors, are being used by manufacturers to bring more powerful cordless electric tile-cutting tools to the market. Thus, cutting tools with high power are available in the market, and users are rising in the construction industry, driving the market growth over the forecast period.

Electric Tile Cutter Market Report Highlights

  • The wet tile cutters segment is anticipated to grow at a high CAGR over the forecast period due to its rising demand for its advantages in hard tiles. Wet tile cutters use a diamond blade to assist in cutting through into the tile as well as a small water reservoir to maintain the cutting wheel cool.
  • The commercial segment accounted for the largest share in 2021. The growth in this segment can be attributed to increasing new construction and home repair projects which frequently use ceramic tiles.
  • Asia-Pacific is expected to grow at a high CAGR over the projected period. The growth in this region can be attributed to the rapidly expanding real estate industry
  • The global players include Atlas Copco, Apex Tool Group, Brevetti Montolit, Kraft Tool, Koki Holdings, Makita Corporation, Ryan Industries, Stanley Black, Vitrex Inc., Yancheng Baoding, and Zhongxing Diamond Tools.

The publisher has segmented the electric tile cutter market report based on type, application, and region:

Electric Tile Cutter, Type Outlook (Revenue - USD Million, 2018 - 2030)

  • Wet Tile Cutter
  • Dry Tile Cutter

Electric Tile Cutter, Application Outlook (Revenue - USD Million, 2018 - 2030)

  • Household
  • Commercial

Electric Tile Cutter, Regional Outlook (Revenue - USD Million, 2018 - 2030)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Electric Tile Cutter Market

What is the estimated value of the Electric Tile Cutter Market?

The Electric Tile Cutter Market was estimated to be valued at $193.4 million in 2022.

What is the growth rate of the Electric Tile Cutter Market?

The growth rate of the Electric Tile Cutter Market is 7.2%, with an estimated value of $338.2 million by 2030.

What is the forecasted size of the Electric Tile Cutter Market?

The Electric Tile Cutter Market is estimated to be worth $338.2 million by 2030.

Who are the key companies in the Electric Tile Cutter Market?

Key companies in the Electric Tile Cutter Market include Atlas Copco AB, Apex Tool Group, Brevetti Montolit Spa, Emerson Electric Co., Festool GmbH, Hilti AG, Husqvarna AB, John and Germans Boada SA.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Electric Tile Cutter Market Insights
4.1. Electric Tile Cutter Market - Industry Snapshot
4.2. Electric Tile Cutter Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing building and construction industry
4.2.1.2. Rising demand for ceramic tiles
4.2.2. Restraints and Challenges
4.2.2.1. Availability of substitute materials
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Electric Tile Cutter Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Electric Tile Cutter Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Electric Tile Cutter, by Type, 2018 - 2030 (USD Million)
5.3. Wet Tile Cutter
5.3.1. Global Electric Tile Cutter Market, by Wet Tile Cutter, by Region, 2018 - 2030 (USD Million)
5.4. Dry Tile Cutter
5.4.1. Global Electric Tile Cutter Market, by Dry Tile Cutter, by Region, 2018 - 2030 (USD Million)
6. Global Electric Tile Cutter Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
6.3. Household
6.3.1. Global Electric Tile Cutter Market, by Household, by Region, 2018 - 2030 (USD Million)
6.4. Commercial
6.4.1. Global Electric Tile Cutter Market, by Commercial, by Region, 2018 - 2030 (USD Million)
7. Global Electric Tile Cutter Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Electric Tile Cutter Market Assessment, By Geography, 2018 - 2030 (USD Million)
7.3. Electric Tile Cutter Market - North America
7.3.1. North America: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.3.2. North America: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.3.3. Electric Tile Cutter Market - U.S.
7.3.3.1. U.S.: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.3.3.2. U.S.: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.3.4. Electric Tile Cutter Market - Canada
7.3.4.1. Canada: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.3.4.2. Canada: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4. Electric Tile Cutter Market - Europe
7.4.1. Europe: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.2. Europe: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.3. Electric Tile Cutter Market - UK
7.4.3.1. UK: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.3.2. UK: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.4. Electric Tile Cutter Market - France
7.4.4.1. France: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.4.2. France: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.5. Electric Tile Cutter Market - Germany
7.4.5.1. Germany: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.5.2. Germany: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.6. Electric Tile Cutter Market - Italy
7.4.6.1. Italy: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.6.2. Italy: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.7. Electric Tile Cutter Market - Spain
7.4.7.1. Spain: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.7.2. Spain: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.8. Electric Tile Cutter Market - Netherlands
7.4.8.1. Netherlands: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.8.2. Netherlands: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.4.9. Electric Tile Cutter Market - Russia
7.4.9.1. Russia: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.4.9.2. Russia: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5. Electric Tile Cutter Market - Asia Pacific
7.5.1. Asia Pacific: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.2. Asia Pacific: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5.3. Electric Tile Cutter Market - China
7.5.3.1. China: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.3.2. China: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5.4. Electric Tile Cutter Market - India
7.5.4.1. India: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.4.2. India: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5.5. Electric Tile Cutter Market - Malaysia
7.5.5.1. Malaysia: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.5.2. Malaysia: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5.6. Electric Tile Cutter Market - Japan
7.5.6.1. Japan: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.6.2. Japan: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5.7. Electric Tile Cutter Market - Indonesia
7.5.7.1. Indonesia: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.7.2. Indonesia: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.5.8. Electric Tile Cutter Market - South Korea
7.5.8.1. South Korea: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.5.8.2. South Korea: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.6. Electric Tile Cutter Market - Middle East & Africa
7.6.1. Middle East & Africa: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.6.2. Middle East & Africa: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.6.3. Electric Tile Cutter Market - Saudi Arabia
7.6.3.1. Saudi Arabia: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.6.3.2. Saudi Arabia: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.6.4. Electric Tile Cutter Market - UAE
7.6.4.1. UAE: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.6.4.2. UAE: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.6.5. Electric Tile Cutter Market - Israel
7.6.5.1. Israel: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.6.5.2. Israel: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.6.6. Electric Tile Cutter Market - South Africa
7.6.6.1. South Africa: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.6.6.2. South Africa: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.7. Electric Tile Cutter Market - Latin America
7.7.1. Latin America: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.7.2. Latin America: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.7.3. Electric Tile Cutter Market - Mexico
7.7.3.1. Mexico: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.7.3.2. Mexico: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.7.4. Electric Tile Cutter Market - Brazil
7.7.4.1. Brazil: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.7.4.2. Brazil: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
7.7.5. Electric Tile Cutter Market - Argentina
7.7.5.1. Argentina: Electric Tile Cutter Market, by Application, 2018 - 2030 (USD Million)
7.7.5.2. Argentina: Electric Tile Cutter Market, by Type, 2018 - 2030 (USD Million)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. Atlas Copco AB
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Apex Tool Group
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Brevetti Montolit Spa
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Emerson Electric Co.
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. Festool GmbH
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Hilti AG
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. Husqvarna AB
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. John-Tools Corporation
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Germans Boada SA
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Kraft Tool Co
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. KYOCERA Corporation
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Koki Holdings Co., Ltd
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Laptronix Inc
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. Makita Corporation
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Norcros Corp
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development
9.16. Panasonic Corporation
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Recent Development
9.17. Robert Bosch GmbH
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. Product Benchmarking
9.17.4. Recent Development
9.18. Ryan Industries Co. Ltd
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. Product Benchmarking
9.18.4. Recent Development
9.19. Rubi Corp
9.19.1. Company Overview
9.19.2. Financial Performance
9.19.3. Product Benchmarking
9.19.4. Recent Development
9.20. Stanley Black & Decker, Inc
9.20.1. Company Overview
9.20.2. Financial Performance
9.20.3. Product Benchmarking
9.20.4. Recent Development
9.21. Vitrex Inc
9.21.1. Company Overview
9.21.2. Financial Performance
9.21.3. Product Benchmarking
9.21.4. Recent Development
9.22. Yancheng Baoding Power Tools Co. Ltd
9.22.1. Company Overview
9.22.2. Financial Performance
9.22.3. Product Benchmarking
9.22.4. Recent Development
9.23. Zhongxing Diamond Tools Co. Ltd
9.23.1. Company Overview
9.23.2. Financial Performance
9.23.3. Product Benchmarking
9.23.4. Recent Development

Companies Mentioned

  • Atlas Copco AB
  • Apex Tool Group
  • Brevetti Montolit Spa
  • Emerson Electric Co.
  • Festool GmbH
  • Hilti AG
  • Husqvarna AB
  • John-Tools Corporation
  • Germans Boada SA
  • Kraft Tool Co.
  • KYOCERA Corporation
  • Koki Holdings Co. Ltd.
  • Laptronix Inc.
  • Makita Corporation
  • Norcros Corp.
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Ryan Industries Co. Ltd.
  • Rubi Corp.
  • Stanley Black & Decker Inc.
  • Vitrex Inc.
  • Yancheng Baoding Power Tools Co. Ltd.
  • Zhongxing Diamond Tools Co. Ltd.