According to a market report by Lucintel, the future of the global hole cutter market looks promising with opportunities in the metal, wood, and ceramic/glass markets. The global hole cutter market is expected to grow with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are rising demand for renovation and construction activities, increasing demand for portable and cordless tools, and constantly advancements in hole cutter technology.
In this market, bi-metal and carbide are the major segments of hole
cutter market by type.
Lucintel forecasts that bi-metal is expected to witness higher growth
over the forecast period due to its versatility, affordability, and widespread
availability.
Within this market, metal will remain the largest segment due to
increasing adoption of metal hole cutters for drilling holes in metal sheets,
plates, pipes, and other components.
Download sample by clicking on hole cutter market.
APAC is expected to witness highest growth over the forecast period due
to increasing number of home improvement activities and growing number of
renewable energy projects in the region.
Bosch, Milwaukee Tool, Wisecraft, Starrett, Hilti, Dewalt, and Makita are
the major suppliers in the hole cutter market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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