One of the key drivers of the straight grinder market and one of the market's other drivers is the quest for better and faster metal processing. The market is expanding as a result of the increased demand from a number of industries, including building,
electrical, and electronics sectors, as well as the automotive and building industries.
Technology advancement and the increased appeal of cordless straight grinders are further factors driving the market's growth. The increase in demand for straight grinders across a variety of end-use sectors is another benefit of the COVID-19 epidemic for the market.
Due to the growing desire for using these instruments for finishing operations across a range of end-use sectors, the straight grinders market is necessary. In industries including metallurgy, woodworking, and stoneworking, these grinders are frequently used for grinding, polishing, and buffing. The benefits that straight grinders have over other kinds of grinding instruments are another factor driving the market. Additionally, the market is anticipated to grow during the forecast period due to the wide range of applications for these grinders.
The use of straight grinders comes with a number of benefits. Straight grinders, for example, provide high speed and torque, which speeds up material removal. Both light-duty and heavy-duty applications are compatible with them. They are adaptable and can be used for a variety of tasks, including grinding, cutting, and polishing. Both tethered and cordless versions are offered. Versions that run on batteries are portable and can be utilised in locations without electricity.
An electric hand tool known as a straight grinder is used to polish, grind, and finish metal surfaces. It might be pneumatic or electric. Contrary to other grinder types like angle grinders and bench grinders, a straight grinder has the fundamental benefit of being simple to manoeuvre over the workpiece.
From 2021 to 2031, the market for straight grinders is anticipated to expand at a CAGR of 5.3%. By 2031, the market size is anticipated to increase from USD 1,257.5 million to USD 1,835.4 million.
Among the Straight Grinders, the Market's restraints are One of the main problems preventing the straight grinders industry from expanding is the high investment cost. These tools are highly expensive because they are utilised for specific tasks. Straight grinders generate a lot of noise, which could be harmful to the operator's health. But thanks to technical improvement, there are now instruments that are both quiet and highly effective.
The top vendors in the world market for straight grinders are Makita Corporation (Japan), Ingersoll Rand plc (Ireland), Atlas Copco AB (Sweden), Hitachi Koki Co., Ltd. (Japan), Bosch GmbH (Germany), Milwaukee Electric Tool Corporation (US), 3M Company (US), Dyn Abrade, Inc. (US), and Metabo Corporation (Germany).
The Cordless Type emerged as the Most Lucrative Segment
The cordless, electric and pneumatic varieties represent the three main segments of the global straight grinders market. During the projected period, the cordless sector is anticipated to develop at the highest CAGR. The development of this market is being driven by the rising demand for cordless tools from end-use sectors like construction and automotive. The largest market for straight grinders is anticipated to be in the electric category due to the increasing demand from end-use industries including the construction and automotive sectors. During the projected period, the Pneumatic sector is anticipated to grow at the second-highest CAGR. due to the rise in demand from end-use sectors like the automobile and construction.
The Most Popular Application Segment is Metal Processing
Metal processing, wood processing, and other applications make up the three main application categories in the global straight grinders market. During the projected period, the application sector for metal processing is anticipated to increase at the greatest CAGR. This market is expanding as a result of the increasing demand for straight grinders from end-use industries like the automotive and aerospace & military sectors. During the projection period, the wood processing application category is anticipated to increase at the second-highest CAGR.
The Asia Pacific (APAC) region to render Adequate Financing Avenues
Because there are many manufacturing enterprises in North America, this region is anticipated to have the highest market for straight grinders. Due to rising demand from a variety of end-use industries, including the automotive and aerospace & defence sectors, the US is a significant contributor to the growth of this market in North America. Due to the rising demand from nations like China, Japan, and India, the Asia Pacific region is anticipated to have the quickest rate of growth for the straight grinder market. Straight grinder sales in this region are anticipated to rise as a result of these nations' expanding automotive and construction sectors. The second-largest market for straight grinders is predicted to be in Europe because of the rising demand from nations like Germany, France, and Italy.
COVID-19 Impact and Market Status
The straight grinder market has suffered as a result of the COVID-19 outbreak. Global demand for straight grinders has decreased as a result of the outbreak, which has forced many end-users to either totally cease operations or operate at reduced capacities. Furthermore, the supply chain for straight grinders has been hampered by the trade restrictions, which have increased the cost and reduced the supply of these goods. However, the market is anticipated to restore its velocity in the upcoming years with the gradual relaxation of lockdown restrictions and the restart of economic activity around the world.
Latest Innovations in the Global Straight Grinders Market: A Snapshot
• Makita Corporation introduced the 9553NB series of new straight grinders in the Japanese market in January 2019.
• In 2019 February, Metabo SE announced a new range of straight grinders with model WS 11-125 Quick.
• Ingersoll Rand introduced the QX2-50GC cordless straight grinder in April 2019.
Straight Grinders Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2031||USD 1,835.4 million.|
|Growth Rate||CAGR of 5.3% during 2021-2031|
|Segment Covered||by Type, by Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Makita Corporation (Japan), Ingersoll Rand plc (Ireland), Atlas Copco AB (Sweden), Hitachi Koki Co., Ltd. (Japan), Bosch GmbH (Germany), Milwaukee Electric Tool Corporation (US), 3M Company (US), Dyn Abrade, Inc. (US), and Metabo Corporation (Germany).|
Key Segment of Global Straight Grinders Market
By Type Overview (USD Million)
By Application Overview (USD Million)
• Metal Processing
• Wood Processing
By Region Overview (USD Million)
• Rest of Asia Pacific
• Rest of North America
• Rest of Europe
Middle East and Africa