세계의 톱 및 절삭 공구 시장 - 규모, 점유율, 성장 및 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of sawing and cutting tools Market

The global sawing and cutting tools market continues to expand steadily, supported by technological upgrades, industrial growth, and the increasing demand for precision cutting solutions. According to the latest industry assessment, the global sawing and cutting tools market size reached USD 5.25 billion in 2024, is expected to grow to USD 5.42 billion in 2025, and will likely achieve USD 7.20 billion by 2032, reflecting a stable CAGR of 4.1% between 2025 and 2032. The Asia Pacific region dominated the global market in 2024 with a 51.43% share, equivalent to USD 2.70 billion, driven by rapid industrialization, growing infrastructure projects, and urbanization across China, India, Japan, and Southeast Asia.

Market Overview

The sawing and cutting tools market encompasses a broad range of products including hack saws, band saws, circular saws, jig saws, table saws, cutters, shears, and nibblers. Demand for these tools is largely influenced by the strength of global manufacturing, metal fabrication, woodworking, automotive production, and construction activities. Key manufacturers such as Makita, Milwaukee, Bosch, Stanley Black & Decker, Atlas Copco, Hilti, and Ingersoll Rand continue to invest heavily in innovation, product redesign, and ergonomics, ensuring high productivity and long-term durability.

Market Trends

One of the strongest trends influencing market growth is the shift toward automated and smart cutting tools. Industry 4.0 technologies-including machine learning, AI-driven speed control, robotics, and connected tool systems-are being increasingly integrated into industrial cutting environments. Manufacturers are focusing on lightweight, energy-efficient, ergonomic designs that improve operator comfort and reduce fatigue during long cutting operations. Examples include Milwaukee's expansion of high-efficiency band saws and Makita's introduction of high-performance diamond blades designed for battery-powered tools.

Another major trend is the rise of cordless tools, driven by the rapid improvement in battery technology. Although corded tools currently dominate due to their high power output and continuous operation capability, cordless tools are the fastest-growing segment, strengthened by investments in rechargeable battery R&D across Europe and Asia.

Market Drivers

Strong industrial growth across automotive, aerospace, shipbuilding, forestry, and construction continues to drive global demand for advanced sawing and cutting tools. As manufacturing processes become more complex, industries require tools with higher performance, stronger materials, and greater precision.

Government incentives also support market expansion. For example, India's USD 1,423.17 million incentive plan for the power and hand tools sector aims to strengthen domestic manufacturing and increase global competitiveness.

The expanding DIY (Do-It-Yourself) market in both developed and emerging economies further contributes to sales, as consumers seek user-friendly, efficient cutting tools for home improvement projects.

Market Restraints

Despite positive growth, the market faces challenges related to supply chain volatility, commodity price fluctuations, and rising manufacturing costs. Trade tariffs-especially those affecting steel, electronic components, and finished power tools-are adding pressure. Increased end-user pricing has made some customers more price-sensitive, temporarily slowing sales in certain regions.

Segmental Insights

By Tool Type

• Corded tools led the market in 2024 due to consistent demand from industrial applications requiring high-power, uninterrupted performance.
• Cordless tools are projected to grow at the highest CAGR, driven by improved ergonomics, flexibility, and mobility.

By Product

• Cutting tools, such as circular saws and band saws, held the largest share due to strong demand for high-performance, precision-driven cutting operations.
• Hack saws, shears, jig saws, and nibblers are experiencing moderate but steady growth.

By Application

• Industrial applications dominated the market in 2024, fueled by construction, automotive, and fabrication industries.
• DIY applications are rising rapidly due to increased consumer spending and accessible tool rental services.

Regional Outlook

Asia Pacific - Market Size 2024: USD 2.70 Billion

Asia Pacific remains the fastest-growing and largest regional market due to heightened manufacturing output, infrastructure development, and ongoing investments in industrial machinery.

North America

A mature market with strong adoption of advanced battery-powered cutting tools. The U.S. continues to lead through technological innovation and strong commercial demand.

Europe

Growth is supported by stable demand in metal cutting, forestry, and woodworking applications, as well as the presence of major global tool manufacturers.

Middle East & Africa

Gradual recovery post-pandemic, with growing preference for compact and energy-efficient tools in construction and manufacturing.

Latin America

The slowest-growing region due to limited public infrastructure investments and fewer government incentives.

Conclusion

With the market rising from USD 5.25 billion in 2024 to USD 7.20 billion by 2032, sawing and cutting tools will remain integral to global industrialization and production optimization. Technological advancements, smart tools, and battery innovation will continue to shape the market landscape over the next decade.

Segmentation By Tool Type

• Corded
• Cordless

By Product

• Hack Saw
• Band Saw
• Jig Saw
• Circular Saw
• Table Saw
• Shear
• Nibbler
• Cutter
• Others

By Application

• DIY
• Industrial
  • Manufacturing
  • Automotive
  • Construction
  • Woodworking
  • Energy & Power
  • Others (Shipbuilding, etc.)

By Region

• North America (By Tool Type, By Product, By Application, and By Country)
  • U.S. (By Application)
  • Canada (By Application)
• Europe (By Tool Type, By Product, By Application, and By Country)
  • Germany (By Application)
  • U.K. (By Application)
  • Italy (By Application)
  • Rest of Europe
• Asia Pacific (By Tool Type, By Product, By Application, and By Country)
  • China (By Application)
  • India (By Application)
  • Japan (By Application)
  • Southeast Asia (By Application)
  • Rest of APAC
• Middle East & Africa (By Tool Type, By Product, By Application, and By Country)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of MEA
• Latin America (By Tool Type, By Product, By Application, and By Country)
  • Brazil (By Application)
  • Mexico (By Application)
  • Rest of Latin America

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities and Trends
• 3.3. Impact of Reciprocal Tariffs

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global Sawing and Cutting Tools Key Players Top 10 Market Share/Ranking, 2024

5. Global Sawing and Cutting Tools Market Size Estimates and Forecasts, By Segments, 2019-2032

• 5.1. Key Findings
• 5.2. By Tool Type (USD)
  • 5.2.1. Corded
  • 5.2.2. Cordless
• 5.3. By Product (USD)
  • 5.3.1. Hack Saw
  • 5.3.2. Band Saw
  • 5.3.3. Jig Saw
  • 5.3.4. Circular Saw
  • 5.3.5. Table Saw
  • 5.3.6. Shear
  • 5.3.7. Nibbler
  • 5.3.8. Cutter
  • 5.3.9. Others
• 5.4. By Application (USD)
  • 5.4.1. DIY
  • 5.4.2. Industrial
    • 5.4.2.1. Manufacturing
    • 5.4.2.2. Automotive
    • 5.4.2.3. Construction
    • 5.4.2.4. Energy
    • 5.4.2.5. Others (Shipbuilding, etc.)
• 5.5. By Region (USD)
  • 5.5.1. North America
  • 5.5.2. Latin America
  • 5.5.3. Europe
  • 5.5.4. Asia Pacific
  • 5.5.5. Middle East & Africa

6. North America Sawing and Cutting Tools Market Size Estimates and Forecasts, By Segments, 2019-2032

• 6.1. Key Findings
• 6.2. By Tool Type (USD)
  • 6.2.1. Corded
  • 6.2.2. Cordless
• 6.3. By Product (USD)
  • 6.3.1. Hack Saw
  • 6.3.2. Band Saw
  • 6.3.3. Jig Saw
  • 6.3.4. Circular Saw
  • 6.3.5. Table Saw
  • 6.3.6. Shear
  • 6.3.7. Nibbler
  • 6.3.8. Cutter
  • 6.3.9. Others
• 6.4. By Application (USD)
  • 6.4.1. DIY
  • 6.4.2. Industrial
    • 6.4.2.1. Manufacturing
    • 6.4.2.2. Automotive
    • 6.4.2.3. Construction
    • 6.4.2.4. Energy
    • 6.4.2.5. Others (Shipbuilding, etc.)
• 6.5. By Country (USD)
  • 6.5.1. United States
    • 6.5.1.1. By Application
  • 6.5.2. Canada
    • 6.5.2.1. By Application

7. Latin America Sawing and Cutting Tools Market Size Estimates and Forecasts, By Segments, 2019-2032

• 7.1. Key Findings
• 7.2. By Tool Type (USD)
  • 7.2.1. Corded
  • 7.2.2. Cordless
• 7.3. By Product (USD)
  • 7.3.1. Hack Saw
  • 7.3.2. Band Saw
  • 7.3.3. Jig Saw
  • 7.3.4. Circular Saw
  • 7.3.5. Table Saw
  • 7.3.6. Shear
  • 7.3.7. Nibbler
  • 7.3.8. Cutter
  • 7.3.9. Others
• 7.4. By Application (USD)
  • 7.4.1. DIY
  • 7.4.2. Industrial
    • 7.4.2.1. Manufacturing
    • 7.4.2.2. Automotive
    • 7.4.2.3. Construction
    • 7.4.2.4. Energy
    • 7.4.2.5. Others (Shipbuilding, etc.)
• 7.5. By Country (USD)
  • 7.5.1. Brazil
    • 7.5.1.1. By Application
  • 7.5.2. Mexico
    • 7.5.2.1. By Application
  • 7.5.3. Rest of Latin America

8. Europe Sawing and Cutting Tools Market Size Estimates and Forecasts, By Segments, 2019-2032

• 8.1. Key Findings
• 8.2. By Tool Type (USD)
  • 8.2.1. Corded
  • 8.2.2. Cordless
• 8.3. By Product (USD)
  • 8.3.1. Hack Saw
  • 8.3.2. Band Saw
  • 8.3.3. Jig Saw
  • 8.3.4. Circular Saw
  • 8.3.5. Table Saw
  • 8.3.6. Shear
  • 8.3.7. Nibbler
  • 8.3.8. Cutter
  • 8.3.9. Others
• 8.4. By Application (USD)
  • 8.4.1. DIY
  • 8.4.2. Industrial
    • 8.4.2.1. Manufacturing
    • 8.4.2.2. Automotive
    • 8.4.2.3. Construction
    • 8.4.2.4. Energy
    • 8.4.2.5. Others (Shipbuilding, etc.)
• 8.5. By Country (USD)
  • 8.5.1. United Kingdom
    • 8.5.1.1. By Application
  • 8.5.2. Germany
    • 8.5.2.1. By Application
  • 8.5.3. Italy
    • 8.5.3.1. By Application
  • 8.5.4. Rest of Europe

9. Asia Pacific Sawing and Cutting Tools Market Size Estimates and Forecasts, By Segments, 2019-2032

• 9.1. By Tool Type (USD)
  • 9.1.1. Corded
  • 9.1.2. Cordless
• 9.2. By Product (USD)
  • 9.2.1. Hack Saw
  • 9.2.2. Band Saw
  • 9.2.3. Jig Saw
  • 9.2.4. Circular Saw
  • 9.2.5. Table Saw
  • 9.2.6. Shear
  • 9.2.7. Nibbler
  • 9.2.8. Cutter
  • 9.2.9. Others
• 9.3. By Application (USD)
  • 9.3.1. DIY
  • 9.3.2. Industrial
    • 9.3.2.1. Manufacturing
    • 9.3.2.2. Automotive
    • 9.3.2.3. Construction
    • 9.3.2.4. Energy
    • 9.3.2.5. Others (Shipbuilding, etc.)
• 9.4. By Country (USD)
  • 9.4.1. China
    • 9.4.1.1. By Application
  • 9.4.2. India
    • 9.4.2.1. By Application
  • 9.4.3. Japan
    • 9.4.3.1. By Application
  • 9.4.4. Southeast Asia
    • 9.4.4.1. By Application
  • 9.4.5. Rest of Asia Pacific

10. Middle East & Africa Sawing and Cutting Tools Market Size Estimates and Forecasts, By Segments, 2019-2032

• 10.1. Key Findings
• 10.2. By Tool Type (USD)
  • 10.2.1. Corded
  • 10.2.2. Cordless
• 10.3. By Product (USD)
  • 10.3.1. Hack Saw
  • 10.3.2. Band Saw
  • 10.3.3. Jig Saw
  • 10.3.4. Circular Saw
  • 10.3.5. Table Saw
  • 10.3.6. Shear
  • 10.3.7. Nibbler
  • 10.3.8. Cutter
  • 10.3.9. Others
• 10.4. By Application (USD)
  • 10.4.1. DIY
  • 10.4.2. Industrial
    • 10.4.2.1. Manufacturing
    • 10.4.2.2. Automotive
    • 10.4.2.3. Construction
    • 10.4.2.4. Energy
    • 10.4.2.5. Others (Shipbuilding, etc.)
• 10.5. By Country (USD)
  • 10.5.1. South Africa
    • 10.5.1.1. By Application
  • 10.5.2. GCC
    • 10.5.2.1. By Application
  • 10.5.3. Rest of MEA

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

• 11.1. Atlas Copco AB
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Offerings/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. Emerson Electric Co.
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Offerings/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. Enerpac Tool Group
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Offerings/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. Hilti Corporation
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Offerings/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. Ingersoll Rand
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Offerings/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Koki Holdings Co. Ltd.
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Offerings/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. Makita Corporation
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Offerings/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. Robert Bosch GmBH
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Offerings/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. Stanley Black & Decker Inc.
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Offerings/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. DeWalt
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Offerings/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not Mode of Operation/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments

12. Key Takeaways