Electric Tile Cutter Market REPORT OVERVIEW
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global electric tile cutter market size was USD 141.8 million in 2022 and market is projected to touch 189.93 million by 2031, exhibiting a CAGR of 3.3% during the forecast period.
Electric tile cutters are innovative tools used in construction and DIY projects to efficiently and accurately cut tiles. These machines employ a motor-driven blade to slice through various tile materials, such as ceramic, porcelain, or stone. They offer precise and clean cuts, making them ideal for intricate designs and complex angles.
With their electric power source, they eliminate the need for manual effort, speeding up the tiling process and ensuring a professional finish. Electric cutters are a valuable addition to any tile installer or home renovator's toolkit. These acts as the factors driving the electric tile cutter market growth.
COVID-19 Impact: Rise in Demand for Home Improvement Projects During Pandemic Increased Market Growth
The pandemic of COVID-19 became the biggest obstacle in the growth and development of all the markets. During the COVID-19 pandemic, electric cutters experienced both positive and negative effects. On the positive side, the increased demand for home improvement projects due to lockdowns and remote working led to higher sales of electric cutters. With people spending more time at home, there was a surge in DIY activities and renovations, boosting the market for these tools.
However, the pandemic also disrupted supply chains, leading to delays in manufacturing and delivery, which affected availability. Moreover, stringent safety protocols at factories and retail stores slowed down production and sales. Despite the challenges, the heightened interest in home improvement during the pandemic had a lasting impact on electric tile cutter usage.
LATEST TRENDS
"Incorporating Features Such as Bluetooth Connectivity to Accelerate Market Growth"
The latest innovations in electric tile cutters have brought significant advancements to the industry. One notable development is the integration of smart technology. Manufacturers are now incorporating features such as Bluetooth connectivity and smartphone apps, enabling users to control the cutter remotely and access helpful resources. Additionally, advancements in blade technology have improved cutting efficiency and precision, allowing for cleaner and smoother cuts even on tough tile materials.
Another innovation is the incorporation of dust extraction systems, reducing airborne dust particles and enhancing the overall user experience. These innovations have not only increased productivity and ease of use but also improved safety and convenience for professionals and DIY enthusiasts alike. All of these are considered as the latest trend in the market.
Electric Tile Cutter Market SEGMENTATION
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- By Type:
The market can be divided on the basis of type into the following segments:
Wet tile cutter, and, dry tile cutter. The wet tile cutter segment is anticipated to dominate the market during the forecast period.
- By Application:
Classification based on application into the following segment:
Household, and, commercial use. The household segment is predicted to dominate the market during the research period.
DRIVING FACTORS
"Advancements in Blade Technology and Motor Power to Amplify Market Growth"
Several driving factors have contributed to the increasing popularity of electric tile cutters. Firstly, the growing demand for home renovations and interior design projects has fueled the need for efficient and precise tile cutting tools. Secondly, advancements in blade technology and motor power have significantly improved the performance and cutting capabilities of electric tile cutters.
Additionally, the shift towards sustainable and eco-friendly practices has led to a preference for electric tools over traditional gas-powered options. Moreover, the convenience and ease of use of electric cutters have attracted both professionals and DIY enthusiasts, boosting their adoption in the construction and home improvement sectors. These factors are having a positive impact on the market growth.
"Increasing Urbanization and Rise in Construction Project to Propel Market Growth "
Apart from the factors mentioned earlier, several other driving forces have contributed to the rise in popularity of electric tile cutters. Increasing urbanization and a rise in construction projects, particularly in the residential and commercial sectors, have bolstered the demand for efficient tiling tools. Moreover, the trend towards DIY home improvements has grown, spurred by online tutorials and accessibility to information.
The ergonomic designs and lightweight nature of electric cutters have also made them more appealing to users, reducing fatigue during prolonged use. Additionally, the availability of a wide range of electric tile cutter models at various price points has made them more accessible to a broader customer base. The above-mentioned factors play a vital role in promoting electric tile cutter market share.
RESTRAINING FACTOR
"Concerns About Limited Portability of Electric Tile Cutters to Decrease Market Growth"
Several restraining factors have affected the adoption of electric tile cutters. Firstly, the initial cost of purchasing these tools can be relatively high compared to traditional manual tile cutters, deterring some budget-conscious buyers. Secondly, concerns about the limited portability of electric cutters due to their reliance on electricity and power cords have led to reservations among contractors working in remote or outdoor locations.
Moreover, some users may find the learning curve for operating electric tile cutters challenging, preferring the familiarity of manual alternatives. Lastly, despite advancements, certain electric models may still lack the power needed for cutting through extremely thick or hard tile materials, limiting their versatility for some applications.
Electric Tile Cutter Market Regional Insights
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"Europe to Dominate Market Share in Upcoming Years"
Europe is the leading region in the market during the forecast period. Several factors have helped in uplifting the market share in this particular region. Especially Italy stands out as a leading region in electric cutters. Renowned for its rich history in craftsmanship and design, Italy has developed a strong reputation in the construction industry, particularly in tiles and ceramics.
Italian manufacturers have been at the forefront of innovation, producing cutting-edge electric tile cutters that offer top-notch performance and precision. With a focus on combining traditional craftsmanship with modern technology, Italian electric tile cutters are highly sought after globally for their reliability and efficiency.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
List of Market Players Profiled
- RUBI (Spain)
- Kraft Tool Co. (U.S.)
- Brevetti Montolit Spa (Italy)
- Norcros (U.K.)
- Talisman Hire (South Africa)
- Vitrex (U.K.)
- Laptronix (U.K.)
Report Coverage
The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. The top industrial players along with the region that dominates the market has also been given for the readers to know.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 141.8 Million in 2022 |
Market Size Value By |
US$ 189.93 Million by 2031 |
Growth Rate |
CAGR of 3.3% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the electric tile cutter market expected to touch by 2031?
The electric tile cutter market size is expected to reach USD 189.93 million by 2031.
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What CAGR is the electric tile cutter market expected to exhibit by 2031?
The electric tile cutter market is expected to exhibit a CAGR of 3.3% by 2031.
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Which are the driving factors of the electric tile cutter market?
With their electric power source, they eliminate the need for manual effort, speeding up the tiling process and ensuring a professional finish. Electric tile cutters are a valuable addition to any tile installer or home renovators toolkit.
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Which is the leading region in the electric tile cutter market?
Europe is the leading region in the electric tile cutter market.
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Which are the key players or most dominating companies functioning in the electric tile cutter market?
RUBI, Kraft Tool Co., and, Brevetti Montolit Spa are the top companies operating in the electric tile cutter market.