Corded Circular Saw Market Size, Share, Growth, and Industry Analysis, By Type (Above 7-1/4 inches, Below 7-1/4 inches, 7-1/4 inches), By Application (Wood Product Manufacturing Industry, Construction Industry, DIY Application), and Regional Forecast to 2032

• 

   Request a Free Sample To Get More Information on this Market

Corded Circular Saw Market Report Overview

The global corded circular saw market size was USD 0.58 billion in 2023 and the market is projected to touch USD 0.98 billion by 2032 at a CAGR of 6.01% during the forecast period.

In the context of corded circular saws, these are versatile and indispensable tools used in various applications. They are designed for precision cutting materials such as wood, plastic, and metal. These saws are available in different sizes, with blade diameters categorized as above 7-1/4 inches, below 7-1/4 inches, and 7-1/4 inches. Professionals in the construction industry rely on these tools for tasks like framing, carpentry, and roofing, while DIY enthusiasts find them essential for home improvement projects. Additionally, they are widely used in the wood product manufacturing industry for crafting furniture and cabinetry.

The corded circular saw market growth is attributed to several factors. Firstly, the global construction industry is witnessing substantial growth, with infrastructure development projects and urbanization driving the demand for construction tools, including circular saws. Secondly, there is a rising awareness of safety features in power tools, leading to a preference for these circular saws equipped with advanced safety technologies such as laser guides, electronic brakes, and dust extraction systems. As safety becomes a top priority in workplaces and among consumers, the market for safer and more efficient circular saws continues to expand. These factors collectively contribute to the market's steady growth and the increasing demand for the product.

COVID-19 Impact: Demand Surged Due to Increased Adoption of DIY Activities and E-Commerce Growth

The COVID-19 pandemic has been unprecedented and staggering, with the corded circular saw market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic triggered a significant transformation in this market, notably marked by a surge in demand. DIY activities gained momentum as the world adjusted to increased time at home during the pandemic. People engaged in home improvement projects and creative endeavors, driving the demand for these circular saws. These versatile tools, capable of cutting various materials, including wood, metal, and plastic, became essential for DIY enthusiasts due to their ease of use and precision.

Simultaneously, the pandemic accelerated the growth of e-commerce. With in-person shopping limited by lockdowns and safety concerns, consumers turned to online retailers for their purchases, including corded circular saws. Online platforms offered convenience and security, facilitating easy access to these tools and further contributing to the surge in demand.

Latest Trends

"Increased Utilization of Brushless Motors to Enhance Power Generation and Reduce Heat Production"

A significant trend in this market is the growing adoption of brushless motors. These advanced motors offer substantial advantages over traditional brushed motors, including increased power, efficiency, and durability. Brushless motors outperform their brushed counterparts by generating more power without the limitations of friction and heat caused by brushes. This enhanced power output and efficiency result in extended runtime, less heat generation, and a longer lifespan for both the motor and the saw.

Brushless motors also provide added benefits, such as reduced noise, improved performance under heavy loads, and decreased maintenance requirements. They operate quietly, making extended usage more comfortable. Moreover, these motors maintain consistent performance when cutting through tough materials, improving overall efficiency. Importantly, their brushless design eliminates the need for brush replacement, reducing maintenance tasks. This trend is evident in corded circular saws like the Makita 5007FZK, Dewalt DWE575SB, Milwaukee M18 Fuel 2733-20, and Bosch CS10, all equipped with brushless motors, delivering enhanced power and performance to meet market demands.

Corded Circular Saw Market Segmentation

• By Type

According to type, the market can be segmented into above 7-1/4 inches, below 7-1/4 inches, and 7-1/4 inches.

• By Application

Based on application, the market can be divided into the wood product manufacturing industry, construction industry, and DIY application.

Driving Factors

"Construction Industry Growth to Fuel Market Expansion"

The global construction industry is experiencing robust growth, driven by a confluence of factors that include the expansion of infrastructure projects, accelerated urbanization, and a surge in housing developments. In this dynamic landscape, corded circular saws have emerged as indispensable tools for construction professionals. These versatile devices facilitate an array of essential tasks, ranging from precision framing to intricate carpentry and roofing projects. As the construction sector continues to expand remarkably, the demand for these saws naturally escalates to meet the diverse and demanding needs of workers in this field.

"Rising Awareness of Safety Features to Boost Demand For the Product"

In an era where safety is paramount, consumers and professionals alike prioritize power tools equipped with advanced safety features. Corded circular saws with features like laser guides, electronic brakes, and dust extraction systems are gaining popularity due to their enhanced user safety. This trend drives the market for these circular saws with integrated safety technologies.

Restraining Factors

"Competition from Cordless Circular Saws to Poses Challenges for Corded Variants' Widespread Adoption"

One significant restraining factor in this market is the growing competition from cordless circular saws. These cordless alternatives have gained traction due to their cord-free convenience and increasingly competitive pricing. They offer users greater mobility and flexibility, making them appealing to both professionals and DIY enthusiasts. As technology advancements continue to bridge the performance gap between corded and cordless models, consumers are increasingly inclined to opt for cordless circular saws, posing a challenge to the demand for corded variants. To address this competition, manufacturers must emphasize the unique strengths of corded circular saws, such as their consistent power output for heavy-duty applications, to maintain their market position and appeal.

• 

   Request a Free Sample To Get Analysis on Major Geographic Market
•  

Corded Circular Saw Market Regional Insights

"North America Takes the Lead Due to its Booming Construction Industry and Robust DIY Culture"

North America holds the dominant corded circular saw market share. With a thriving construction industry and a strong DIY culture, North America exhibits a robust demand for these power tools. Additionally, stringent safety regulations in the region drive the adoption of these circular saws with advanced safety features. Europe is the second-leading region in the market, characterized by a well-established construction sector and a focus on precision woodworking.

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 Top Corded Circular Saw Companies

• Craftsman (U.S.)
• Dongcheng (China)
• Ridgid (U.S.)
• Aoben (China)
• Dayou (China)
• Porter Cable (U.S.)
• Dewalt (U.S.)
• Rockwell (U.S.)
• Hitachi (Japan)
• Ryobi (Japan)
• Milwaukee (U.S.)
• Bosch (Germany)
• Makita (Japan)

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, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.