The North America Concrete Saw Market would witness market growth of 3.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 65.04 thousand units, showcasing a growth of 18.6% (2020-2023).
Walk-behind concrete saws are essential equipment in the construction industry, offering efficiency and precision for cutting large expanses of concrete, asphalt, and other materials. With their self-propelled functionality, walk-behind saws allow operators to easily maneuver across surfaces, making them ideal for roadwork, demolition, and construction projects. Their adjustable cutting depth and blade sizes enable versatility to accommodate various job requirements and material thicknesses. Thus, Canada region is expected to utilize 6.59 thousand units of Walk-behind concrete saws by the year 2031.
The US market dominated the North America Concrete Saw Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $194.6 million by 2031. The Canada market is experiencing a CAGR of 6.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.2% during (2024 - 2031).
A concrete saw, also known as a consaw or cutoff saw, is a power tool specifically designed for cutting through concrete, asphalt, stone, masonry, and other rigid materials. It consists of a circular blade mounted on a spindle and powered by an engine or motor. There are several varieties of concrete saws, such as wall-mounted saws, handheld saws, and walk-behind saws, each with a specific purpose and cutting need.
Concrete saws find diverse applications across various industries and sectors due to their ability to cut through concrete, asphalt, stone, and other rigid materials with precision and efficiency. Concrete saws are used extensively in the construction industry to cut concrete slabs, walls, floors, and foundations during construction, renovation, and remodeling. They are essential tools for creating openings for doors, windows, and utilities and for removing concrete sections during demolition and renovation activities. Concrete saws are crucial in cutting and modifying concrete structures, pavements, and utility installations in infrastructure development projects such as road construction, bridge building, and tunneling. They are used to cut expansion joints, repair damaged road surfaces, and install traffic control measures.
According to the Government of Mexico, the real estate, rental, and leasing sectors generated a gross domestic product of $2.66T MX in the third quarter of 2023. This represented a growth of 2% compared to the preceding quarter and a growth of 5.55% compared to the corresponding period in the prior year. With the real estate sector in Mexico experiencing growth in leasing and rental activities, construction projects may be expanded across various segments such as residential, commercial, and infrastructure. This growth may result in a larger supplier market and more concrete saw manufacturers. Thus, the rising real estate sector and construction investments in North America will increase demand for concrete saws in the region.
Free Valuable Insights: The Concrete Saw Market is Predict to reach USD 948.3 Million by 2031, at a CAGR of 4.6%
Based on Type, the market is segmented into Walk-Behind and Hand Held. Based on Application, the market is segmented into Commercial, Residential, and Industrial. Based on Power Source, the market is segmented into Gasoline Powered, Electric Powered and Hydraulic Powered. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Type (Volume, Thousand Units, USD Million, 2020-2031)
By Application (Volume, Thousand Units, USD Million, 2020-2031)
By Power Source (Volume, Thousand Units, USD Million, 2020-2031)
By Country (Volume, Thousand Units, USD Million, 2020-2031)
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