Floor Saw Market Size, Trends and Insights By Type (Diesel Floor Saw, Petrol Floor Saw, Electric Floor Saw, Others), By Power Output (Below 15 HP, 15 Hp-30 HP, Above 30 HP), By Application (Highways, Construction Sites, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Fairport Construction Equipment Ltd
- Husqvarna AB
- Makita Corporation
- Hilti Corporation
- STIHL
- Norton Clipper (Saint-Gobain)
- Dewalt (Stanley Black & Decker)
- Others
Reports Description
Global Floor Saw Market was valued at USD 403.4 Million in 2024 and is expected to reach USD 779.6 Million by 2033, at a CAGR of 6.55% during the forecast period 2024 – 2033.
An instrument used specifically for cutting horizontal surfaces like concrete, asphalt, stone, and other solid materials is a floor saw, sometimes referred to as a concrete saw or slab saw. Road construction, flooring repairs, and other related jobs are among the many popular uses for these saws in maintenance and construction operations.
Floor Saw Market: Growth Factors
Increasing Demand for Road Construction
Growing populations require metropolitan areas to grow, which makes it imperative to build new roadways and expand old ones. For cutting and placing asphalt and concrete in road building operations, floor saws are needed. Urban roads frequently need to be upgraded to accommodate more traffic and boost safety.
This in turn boosts the demand for floor saws for precise cutting and repairs. Exact cutting procedures are necessary for the use of contemporary road construction materials and methods, such as asphalt composites and concrete.
With their enhanced blade technology and automated functions, floor saws have become increasingly useful in these kinds of works thanks to technological improvements. For large-scale road-building projects, floor saws are now more dependable and effective due to advancements in technology that improve cutting precision and operational efficiency.
A significant factor driving the floor saw industry is the rising demand for road building. The need for floor saws is growing due to many factors such as government investments, economic development, urbanization, technical breakthroughs, upkeep of old infrastructure, sustainability focus, and expansion of transportation networks.
Global Trends in Construction Practices
Prefabrication and modular construction entail the off-site production of building components followed by their on-site assembly. This necessitates exact material cutting to guarantee fit during assembly, which fuels the need for floor saws capable of producing clean, precise cuts.
These building techniques are prized for their quickness and effectiveness. Floor saws help with this by making cutting fast and accurate, which shortens project completion times. High-rise and skyscraper construction frequently calls for the usage of sturdy materials like reinforced concrete.
For precise cutting of these hard materials, floor saws are a need. Precise construction methods are necessary to guarantee the safety and structural soundness of tall buildings. To ensure stability and safety, floor saws are used to make accurate cuts in structural parts and flooring.
Sustainable building techniques seek to reduce waste and maximize resource utilization. This is made possible by floor saws, which minimize material waste while producing precise cuts. Energy-efficient cutting instruments, such as floor saws, are becoming more and more in line with the objectives of sustainable construction projects, which try to lessen their overall environmental effect.
Floor Saw Market: Restraints
Stringent Regulatory Compliance and Safety Standards
Stringent Regulatory Compliance and Safety Standards related to floor saws are restraining the market growth. Floor saw producers and consumers encounter in meeting stringent safety and environmental standards.
Although some users may find floor saws less appealing due to their increased cost and complexity, these restrictions are intended to protect both the environment and workers. To avoid mishaps and injuries, floor saws need to be outfitted with safety features including protective guards, emergency stops, and automated shut-off.
The cost of adding the required safety measures and adjustments to comply with these laws is frequently higher, which may affect certain consumers’ ability to afford and use the equipment. The environmental issues of floor saw use, like as dust and noise pollution, can result in stricter regulations and more expensive operations for both producers and consumers.
Due to their increased cost and complexity of usage, these difficulties may hinder the floor saw market’s growth by turning off some potential customers.
Floor Saw Market: Opportunities
Growing Demand for Infrastructure Development
The growing need for homes, businesses, and infrastructure projects is propelling the construction industry’s rapid expansion across the globe. The need for floor saws, which are widely utilized in building projects, is being driven by this rise.
The need for floor saws is being driven by the need for road development, particularly in emerging nations. Floor saws are a vital tool for construction organizations since they are used widely in road-building projects to cut and remove concrete and asphalt.
There is an increasing need for the construction of roads, bridges, and buildings as a result of the cities and towns becoming more and more urbanized. As a result, there is a greater need for floor saws, which are crucial equipment for breaking up and removing asphalt and concrete in building projects.
Floor Saw Market: Segmentation Analysis
Floor Saw Market is segmented into type, power output, application, and region. Based on type, the market is segmented into diesel floor saw, petrol floor saw, electric floor saw, and others. Among all of these segments, the diesel floor dominated the market in 2023 with a market share of 45.5% and is expected to keep its dominance during the forecast period 2024-2033.
In the building sector, diesel floor saws are frequently used to cut hard materials like concrete and asphalt. When high power and efficiency are needed for large-scale construction projects, they are especially helpful. Diesel floor saws can efficiently cut through thick materials because of their high power output. Therefore, perfect for demanding tasks like building and maintaining roads.
Based on application, the market is segmented into highways, construction sites, and others. Among all of these segments, the construction sites segment dominated market in 2023 with a market share of 49.5% and is expected to keep its dominance during the forecast period 2024-2033.
Floor saws are used on construction sites for a variety of jobs like cutting and removing asphalt, concrete, and other materials. The construction sites segment’s floor saw market is expanding due to the increased demand.
The growth of infrastructure, urbanization, and government initiatives are driving a boom in activity within the construction industry. The need for floor saws rises as a result of the increased construction activity, and this in turn propels the market’s expansion.
Based on power output, the market is segmented into Below 15 HP, 15 HP-30 HP, and Above 30 HP. Among all of these segments, 15 HP-30 HP dominated the market in 2023 with a market share of 24.5% and is expected to keep its dominance during the forecast period 2024-2033.
A heavy-duty floor saw with a power range of 15 to 30 HP is perfect for wet-cutting concrete and asphalt pavement with diamond-cutting blades. These types of floor saws usually have bigger blade diameters, anything from 18 to 36 inches or more.
Their larger blade width allows for more thorough cuts and increased efficiency, which makes them ideal for demanding cutting jobs. When it comes to a range of tasks, such as expansion joint cutting, utility trenching, concrete and asphalt maintenance, and roadway and highway building, floor saws with engines ranging from 15 to 30 horsepower are adaptable instruments.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 403.4 Million |
Projected Market Size in 2033 | USD 779.6 Million |
Market Size in 2023 | USD 382 Million |
CAGR Growth Rate | 6.55% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Power Output, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Floor Saw Market: Regional Analysis
By Region, Floor Saw Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Asia Pacific dominated the global floor saw a market in 2023 with a market share of 41.50% and is expected to keep its dominance during the forecast period 2024-2033.
The need for floor saws has increased due to the Asia Pacific region’s fast infrastructural development and urbanization. To cut concrete, asphalt, and other materials for building projects, road construction, and infrastructure repairs, this equipment is required.
Building expansions are occurring in several Asia Pacific countries as a result of rising population, economic growth, and government spending on infrastructure upgrades. The demand for floor saws across a range of applications, including residential, commercial, and industrial construction, has increased as a result of the uptick in building activity.
One of the main factors propelling the growth of the floor saw market in China is the construction industry’s rapid expansion. With the rapid expansion of China’s economy, the demand for more infrastructure, new construction, and maintenance work is increasing.
Floor saws are essential tools for shaping and cutting concrete, asphalt, and other building materials, and their demand has skyrocketed as a result.
Various factors such as increased urbanization, industrialization, and the growing need for high-quality flooring equipment are boosting the Indian floor saw market. The development of advanced floor saw equipment is becoming more profitable for producers due to technical improvements.
Floor Saw Market: Recent Developments
- In January 2024, STIHL introduced the TSA 300 Cutquik, a battery-operated saw that can cut through a 4-inch concrete slab. It is intended for use by professionals in the construction and landscaping industries. With a well-balanced power head, the cut-off machine’s cutting performance is similar to that of gasoline-powered cut-off machines. This saw makes clean cuts and has minimal vibrations.
- In August 2022, Husqvarna Construction, a division of the Husqvarna Group, and AABTools, a prominent Middle Eastern producer of industrial tools and equipment signed a strategic partnership. AAB Tools will distribute some of the wide range of organic products made by Husqvarna Construction by AABTools as an authorized distributor. These products include wall saws made for brick and reinforced concrete, heavy-duty and high-frequency concrete coring machines, remote-controlled demolition robots, and more than twenty models of hand-held power cutters, dust extractors, and floor saws.
List of the prominent players in the Floor Saw Market:
- Fairport Construction Equipment Ltd
- Husqvarna AB
- Makita Corporation
- Hilti Corporation
- STIHL
- Norton Clipper (Saint-Gobain)
- Dewalt (Stanley Black & Decker)
- Bosch
- Tyrolit
- CS Unitec
- Multiquip Inc.
- Blastrac
- Schulze GmbH
- EDCO
- Cardi
- Wacker Neuson
- Simex
- Diteq
- Diamond Products
- Shibuya Company
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Floor Saw Market is segmented as follows:
By Type
- Diesel Floor Saw
- Petrol Floor Saw
- Electric Floor Saw
- Others
By Power Output
- Below 15 HP
- 15 Hp-30 HP
- Above 30 HP
By Application
- Highways
- Construction Sites
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Floor Saw Market, (2024 – 2033) (USD Million)
- 2.2 Global Floor Saw Market: snapshot
- Chapter 3. Global Floor Saw Market – Industry Analysis
- 3.1 Floor Saw Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Demand for Road Construction
- 3.2.2 Global Trends in Construction Practices
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Power Output
- 3.7.3 Market Attractiveness Analysis By Application
- Chapter 4. Global Floor Saw Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Floor Saw Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Floor Saw Market – Type Analysis
- 5.1 Global Floor Saw Market Overview: By Type
- 5.1.1 Global Floor Saw Market Share, By Type, 2023 and 2033
- 5.2 Diesel Floor Saw
- 5.2.1 Global Floor Saw Market by Diesel Floor Saw, 2024 – 2033 (USD Million)
- 5.3 Petrol Floor Saw
- 5.3.1 Global Floor Saw Market by Petrol Floor Saw, 2024 – 2033 (USD Million)
- 5.4 Electric Floor Saw
- 5.4.1 Global Floor Saw Market by Electric Floor Saw, 2024 – 2033 (USD Million)
- 5.5 Others
- 5.5.1 Global Floor Saw Market by Others, 2024 – 2033 (USD Million)
- 5.1 Global Floor Saw Market Overview: By Type
- Chapter 6. Global Floor Saw Market – Power Output Analysis
- 6.1 Global Floor Saw Market Overview: By Power Output
- 6.1.1 Global Floor Saw Market Share, By Power Output, 2023 and 2033
- 6.2 Below 15 HP
- 6.2.1 Global Floor Saw Market by Below 15 HP, 2024 – 2033 (USD Million)
- 6.3 15 Hp-30 HP
- 6.3.1 Global Floor Saw Market by 15 Hp-30 HP, 2024 – 2033 (USD Million)
- 6.4 Above 30 HP
- 6.4.1 Global Floor Saw Market by Above 30 HP, 2024 – 2033 (USD Million)
- 6.1 Global Floor Saw Market Overview: By Power Output
- Chapter 7. Global Floor Saw Market – Application Analysis
- 7.1 Global Floor Saw Market Overview: By Application
- 7.1.1 Global Floor Saw Market Share, By Application, 2023 and 2033
- 7.2 Highways
- 7.2.1 Global Floor Saw Market by Highways, 2024 – 2033 (USD Million)
- 7.3 Construction Sites
- 7.3.1 Global Floor Saw Market by Construction Sites, 2024 – 2033 (USD Million)
- 7.4 Others
- 7.4.1 Global Floor Saw Market by Others, 2024 – 2033 (USD Million)
- 7.1 Global Floor Saw Market Overview: By Application
- Chapter 8. Floor Saw Market – Regional Analysis
- 8.1 Global Floor Saw Market Regional Overview
- 8.2 Global Floor Saw Market Share, by Region, 2023 & 2033 (USD Million)
- 8.3. North America
- 8.3.1 North America Floor Saw Market, 2024 – 2033 (USD Million)
- 8.3.1.1 North America Floor Saw Market, by Country, 2024 – 2033 (USD Million)
- 8.3.1 North America Floor Saw Market, 2024 – 2033 (USD Million)
- 8.4 North America Floor Saw Market, by Type, 2024 – 2033
- 8.4.1 North America Floor Saw Market, by Type, 2024 – 2033 (USD Million)
- 8.5 North America Floor Saw Market, by Power Output, 2024 – 2033
- 8.5.1 North America Floor Saw Market, by Power Output, 2024 – 2033 (USD Million)
- 8.6 North America Floor Saw Market, by Application, 2024 – 2033
- 8.6.1 North America Floor Saw Market, by Application, 2024 – 2033 (USD Million)
- 8.7. Europe
- 8.7.1 Europe Floor Saw Market, 2024 – 2033 (USD Million)
- 8.7.1.1 Europe Floor Saw Market, by Country, 2024 – 2033 (USD Million)
- 8.7.1 Europe Floor Saw Market, 2024 – 2033 (USD Million)
- 8.8 Europe Floor Saw Market, by Type, 2024 – 2033
- 8.8.1 Europe Floor Saw Market, by Type, 2024 – 2033 (USD Million)
- 8.9 Europe Floor Saw Market, by Power Output, 2024 – 2033
- 8.9.1 Europe Floor Saw Market, by Power Output, 2024 – 2033 (USD Million)
- 8.10 Europe Floor Saw Market, by Application, 2024 – 2033
- 8.10.1 Europe Floor Saw Market, by Application, 2024 – 2033 (USD Million)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Floor Saw Market, 2024 – 2033 (USD Million)
- 8.11.1.1 Asia Pacific Floor Saw Market, by Country, 2024 – 2033 (USD Million)
- 8.11.1 Asia Pacific Floor Saw Market, 2024 – 2033 (USD Million)
- 8.12 Asia Pacific Floor Saw Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Floor Saw Market, by Type, 2024 – 2033 (USD Million)
- 8.13 Asia Pacific Floor Saw Market, by Power Output, 2024 – 2033
- 8.13.1 Asia Pacific Floor Saw Market, by Power Output, 2024 – 2033 (USD Million)
- 8.14 Asia Pacific Floor Saw Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific Floor Saw Market, by Application, 2024 – 2033 (USD Million)
- 8.15. Latin America
- 8.15.1 Latin America Floor Saw Market, 2024 – 2033 (USD Million)
- 8.15.1.1 Latin America Floor Saw Market, by Country, 2024 – 2033 (USD Million)
- 8.15.1 Latin America Floor Saw Market, 2024 – 2033 (USD Million)
- 8.16 Latin America Floor Saw Market, by Type, 2024 – 2033
- 8.16.1 Latin America Floor Saw Market, by Type, 2024 – 2033 (USD Million)
- 8.17 Latin America Floor Saw Market, by Power Output, 2024 – 2033
- 8.17.1 Latin America Floor Saw Market, by Power Output, 2024 – 2033 (USD Million)
- 8.18 Latin America Floor Saw Market, by Application, 2024 – 2033
- 8.18.1 Latin America Floor Saw Market, by Application, 2024 – 2033 (USD Million)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Floor Saw Market, 2024 – 2033 (USD Million)
- 8.19.1.1 The Middle-East and Africa Floor Saw Market, by Country, 2024 – 2033 (USD Million)
- 8.19.1 The Middle-East and Africa Floor Saw Market, 2024 – 2033 (USD Million)
- 8.20 The Middle-East and Africa Floor Saw Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Floor Saw Market, by Type, 2024 – 2033 (USD Million)
- 8.21 The Middle-East and Africa Floor Saw Market, by Power Output, 2024 – 2033
- 8.21.1 The Middle-East and Africa Floor Saw Market, by Power Output, 2024 – 2033 (USD Million)
- 8.22 The Middle-East and Africa Floor Saw Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa Floor Saw Market, by Application, 2024 – 2033 (USD Million)
- Chapter 9. Company Profiles
- 9.1 Fairport Construction Equipment Ltd
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Husqvarna AB
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Makita Corporation
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Hilti Corporation
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 STIHL
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Norton Clipper (Saint-Gobain)
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Dewalt (Stanley Black & Decker)
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Bosch
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Tyrolit
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 CS Unitec
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Multiquip Inc.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Blastrac
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Dr. Schulze GmbH
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 EDCO
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Cardi
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Wacker Neuson
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Simex
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Diteq
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Diamond Products
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Shibuya Company
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Fairport Construction Equipment Ltd
List Of Figures
Figures No 1 to 26
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
FAQs
The major driver for the Floor Saw Market Increasing Demand for Road Construction and Global Trends in Construction Practices.
The “Highways” had the largest share in the global market for Floor Saw.
The “Diesel Floor Saw” category dominated the market in 2023.
The key players in the market are Fairport Construction Equipment Ltd, Husqvarna AB, Makita Corporation, Hilti Corporation, STIHL, Norton Clipper (Saint-Gobain), Dewalt (Stanley Black & Decker), Bosch, Tyrolit, CS Unitec, Multiquip Inc., Blastrac, Dr. Schulze GmbH, EDCO, Cardi, Wacker Neuson, Simex, Diteq, Diamond Products, Shibuya Company, Others.
“North America” had the largest share in the Floor Saw Market.
The global market is projected to grow at a CAGR of 6.55% during the forecast period, 2024-2033.
The Floor Saw Market size was valued at USD 403.4 Million in 2024.