Cold Saw Market Size, Share, Growth, And Industry Analysis By Type (Chop Saw, Miter Saw) By Application (Home Use, Industrial Use, Commercial Use), Regional Forecast To 2031

Updated On: 22 April 2024

Cold Saw Market Report Overview

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The global Cold Saw market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

With the use of a toothed blade that transmits heat from the metal being cut to the chips created, metals are sliced using a cold saw or circular saw. A coolant helps a cold saw cut metal more quickly and leave it in a cold condition after cutting, although operating at a lower RPM than other saws. The ability to cut both ferrous and non-ferrous materials is provided by the cold saw's broad selection of blade tooth choices and range of RPMs.

An item used for cutting and reshaping hard materials, including granite, marble, metal, wood, concrete, and stone, is referred to as a saw blade. Some of the most popular variations are chainsaws, straight, hand, circular, and circular saw blades that are designed with various teeth combinations to provide the required cut. They are made with toothed edges and coated with zirconium, chromium, or titanium to facilitate clean, squeaky cutting. These coatings are made via physical vapour deposition, which improves cut piece quality, performance, and tooth durability. There are several applications for these blades.

The usage of a high speed toothed blade gives the benefit of resharpening. The blade may be used 30 to 40 times if it is properly sharpened before the diameter becomes too small to be useful. Cold saws provide accurate and clean cuts, negating the need to wait for the metal to cool and deburr the cut surface. The three different kinds of cold saw blades utilised are made of high speed steel, carbon steel, and tungsten carbide steel.

The initial carbide circular saw blades were rather thick, but as technology advanced, the thickness was decreased, lowering the cost. These blades are typically employed to cut ferrous metals, and high speed carbide cutting saws, albeit expensive, are utilised when finishing is crucial. Cutting with a cold saw provides precision and doesn't require any additional mechanical work.

COVID-19 Impact: COVID-19 Pandemic Caused The Global Lockdown Leading Decline Market Growth

The COVID-19 pandemic caused the global lockdown, which in turn caused the manufacture of several items in the saw blade sector to stop. This has limited the saw blade market's expansion over the years, and a similar pattern is anticipated in the first half of 2022.

The U.S., Germany, Italy, the UK, and China, which are adversely impacted by the spread of the coronavirus and thus see a decline in demand for saw blades, formerly accounted for the majority of the demand for saw blades.

Furthermore, the lockdown's long-term effects are presently unknown, and businesses' ability to recover financially depends entirely on their cash reserves. Manufacturers of saw blades can only afford a lockdown for a few months before the players must change their investment strategies. For instance, a number of market participants temporarily stopped output in order to save costs. Contrarily, very few participants used staff layoffs to survive the COVID-19 health crisis.

Latest Trends

"Technological Developments Leading Market Expansion Rapidly"

Cold saws are becoming more widely used because to technological developments in cold saw equipment. Cold saw cutting is recommended when high production levels are needed. The most economical sawing technique is cold sawing, which is superior to friction sawing, band sawing, hot sawing, and hacksawing. The fact that the blade may be reused gives the technique even more benefits. Metal fabrication companies, which are expanding internationally, employ cold saws.

Cold Saw Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Chop Saw, Miter Saw. Chop Saw is anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into Home Use, Industrial Use, Commercial Use. Home Use will be the dominating segment.

Driving Factors

"Rapid Industrialization And Considerable Expansion Fuel The Market Growth"

Rapid industrialization and considerable expansion in the furniture manufacturing sector are the two main factors that are having a beneficial effect on this market.

Moreover, remodelling, development, and refurbishment have increased recently. activities that are driving the market's expansion. A higher level of living is also increasing people's penchant for beautiful furnishings and interiors, which is driving up demand for superior saw blades that can cut through intricate designs and give items a high-end finish.

"Technical Advances Are Speeding Up Market Growth"

The development of automated table saws with sensors and monitors to decrease accidents is only one of the most recent technological innovations that are operating as a vital driver for development. Also, the producers are putting a lot of effort into creating models with increased operating life and blades that make precise cuts with less strain and wear.

Increasing demand for power saws from the automotive sector to cut rubber or metal parts for creating the vehicle's body, seat frames, and door seams is one of the reasons that might help to propel the market further.

Restraining Factors

"Less Skilled Labours & Manpower Hindering the Market Growth"

Due to their hardness, cold saw blades are fragile and susceptible to shock; any vibration might lead to saw tooth damage. Cold saws also show kerf loss, which is a material loss that reduces productivity. Other risks associated with cold saw industrial use include cuts at extremely high speeds, skin irritation from coolants, and eye damage from flying metal shards. These elements provide difficulties for the market for cold saws worldwide.

Cold Saw Market Regional Insights

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"North America Is Anticipated To Be The Leading Region Throughout The Projected Period"

Major metal-producing nations in the Asia Pacific, including China, India, and South Korea, are significant market drivers for cold saws. In Latin America, the cold saw market is anticipated to be led by Brazil. In contrast, North America is anticipated to see strong cold saw market growth in the years to come.

Due to the increase in residential and commercial applications, North America is predicted to have significant growth throughout the projected period. The major producers also prioritise diversity in their product lines for a range of applications. For instance, Bosch Limited is a leading maker of circular saw blades with excellent wood-cutting capabilities. Their products are made with incredibly durable carbide grains, hard Microtech teeth, and include a characteristic called ATB (Alternate Top Bevel) tooth geometry. Some important elements that contribute to a product's usability are the protective coating, which prevents corrosion and decreases friction, the anti-vibration slots for smooth cutting with less noise, and the decreased vibration. High-end tools and equipment for professional use are manufactured, designed, and marketed in the United States for sectors including automotive, heavy duty, and others. A variety of metal-cutting equipment are available from this manufacturer under the renowned European Bahco brand. High-performance bi-metal and carbide bandsaw blades for general use and other production-cutting applications are part of the product line.

Japan, a key player in the metal manufacturing sector, is anticipated to have a sizable market share for cold saws. Western Europe's cold saw market is expected to develop as a result of Germany's significant expansion in the metal sector. Russia, a significant market participant in Eastern Europe, is anticipated to expand significantly. Whereas the Middle East and Africa are anticipated to expand steadily.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Baileigh (U.S.)
• Dake (U.S.)
• JET (Canada)
• Evolution Power Tools (U.S.)
• Dayton (U.S.)
• Makita (U.S.)
• DEWALT (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.