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North America Rebar Cutting Tools Market Size, Share & Trends Analysis Report By Application (Construction Site and Steel Product Manufacturing), By Type (Semi-automatic and Fully Automatic), By Country and Growth Forecast, 2024 - 2031

Published Date : 09-Jul-2024

Pages: 82

Formats: PDF

The North America Rebar Cutting Tools Market would witness market growth of 5.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Rebar Cutting Tools Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,872.8 Million by 2031. The Canada market is experiencing a CAGR of 7.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.8% during (2024 - 2031).

North America Rebar Cutting Tools Market

A reinforcing bar, or rebar, is a steel bar or a mesh of steel strands employed as a tension tool in masonry and reinforced concrete structures. Its purpose is to strengthen and maintain the concrete in compression. Buildings, bridges, highways, and other infrastructure projects require these bars to be cut to precise specifications to preserve their structural integrity and ensure the safety of the structures. Therefore, the tools designed to cut rebar are indispensable in construction activities.

The demand for infrastructure that is both resilient and robust has been higher as the population continues to expand and urbanize. This surge in construction activities has significantly increased the need for effective and efficient rebar cutting tools. The demand for sophisticated rebar cutting technologies is further fueled by the emphasis on upgrading aging infrastructure and complying with stringent safety and environmental regulations in developed markets such as North America.

Mexico's demand for rebar cutting tools is propelled by its expanding construction sector, which is driven by urbanization and industrialization. The National Infrastructure Program (PNI) 2020-2024 outlines investments worth approximately MXN 4.5 trillion to improve transportation, energy, and water infrastructure. This substantial investment necessitates using advanced construction tools, including rebar cutters, to meet the project's requirements.

Additionally, the growth of the automotive industry in regions like Guanajuato and Nuevo León has led to the construction of new manufacturing facilities, further boosting the demand for rebar cutting tools. Therefore, the region will present lucrative growth opportunities for the market throughout the forecast period.

Free Valuable Insights: The Rebar Cutting Tools Market is Predict to reach USD 7.2 Billion by 2031, at a CAGR of 5.9%

Based on Application, the market is segmented into Construction Site and Steel Product Manufacturing. Based on Type, the market is segmented into Semi-automatic and Fully Automatic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Toyo Kensetsu Kohki Co., Ltd.
  • PEDAX GmbH
  • Schnell S.p.A
  • TJK Machinery (Tianjin) Co, Ltd.
  • Gensco Equipment Inc.
  • EUROBEND GmbH
  • E.P. Macchine Elettroniche Piegatrici S.p.A.
  • Hitachi, Ltd.
  • Hilti AG
  • Makita Corporation

North America Rebar Cutting Tools Market Report Segmentation

By Application

  • Construction Site
  • Steel Product Manufacturing

By Type

  • Semi-automatic
  • Fully Automatic

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Rebar Cutting Tools Market, by Application
1.4.2 North America Rebar Cutting Tools Market, by Type
1.4.3 North America Rebar Cutting Tools Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Rebar Cutting Tools Market by Application
4.1 North America Construction Site Market by Region
4.2 North America Steel Product Manufacturing Market by Region

Chapter 5. North America Rebar Cutting Tools Market by Type
5.1 North America Semi-automatic Market by Country
5.2 North America Fully Automatic Market by Country

Chapter 6. North America Rebar Cutting Tools Market by Country
6.1 US Rebar Cutting Tools Market
6.1.1 US Rebar Cutting Tools Market by Application
6.1.2 US Rebar Cutting Tools Market by Type
6.2 Canada Rebar Cutting Tools Market
6.2.1 Canada Rebar Cutting Tools Market by Application
6.2.2 Canada Rebar Cutting Tools Market by Type
6.3 Mexico Rebar Cutting Tools Market
6.3.1 Mexico Rebar Cutting Tools Market by Application
6.3.2 Mexico Rebar Cutting Tools Market by Type
6.4 Rest of North America Rebar Cutting Tools Market
6.4.1 Rest of North America Rebar Cutting Tools Market by Application
6.4.2 Rest of North America Rebar Cutting Tools Market by Type

Chapter 7. Company Profiles
7.1 Toyo Kensetsu Kohki Co., Ltd.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 PEDAX GmbH
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Schnell S.p.A.
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 TJK Machinery (Tianjin) Co., Ltd.
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Gensco Equipment Inc.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 EUROBEND GmbH
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 M.E.P. Macchine Elettroniche Piegatrici S.p.A.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Hitachi, Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Hilti AG
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.10. Makita Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research and Development Expense
TABLE 1 North America Rebar Cutting Tools Market, 2020 - 2023, USD Million
TABLE 2 North America Rebar Cutting Tools Market, 2024 - 2031, USD Million
TABLE 3 North America Rebar Cutting Tools Market by Application, 2020 - 2023, USD Million
TABLE 4 North America Rebar Cutting Tools Market by Application, 2024 - 2031, USD Million
TABLE 5 North America Construction Site Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Construction Site Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Steel Product Manufacturing Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Steel Product Manufacturing Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Rebar Cutting Tools Market by Type, 2020 - 2023, USD Million
TABLE 10 North America Rebar Cutting Tools Market by Type, 2024 - 2031, USD Million
TABLE 11 North America Semi-automatic Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Semi-automatic Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Fully Automatic Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Fully Automatic Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Rebar Cutting Tools Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Rebar Cutting Tools Market by Country, 2024 - 2031, USD Million
TABLE 17 US Rebar Cutting Tools Market, 2020 - 2023, USD Million
TABLE 18 US Rebar Cutting Tools Market, 2024 - 2031, USD Million
TABLE 19 US Rebar Cutting Tools Market by Application, 2020 - 2023, USD Million
TABLE 20 US Rebar Cutting Tools Market by Application, 2024 - 2031, USD Million
TABLE 21 US Rebar Cutting Tools Market by Type, 2020 - 2023, USD Million
TABLE 22 US Rebar Cutting Tools Market by Type, 2024 - 2031, USD Million
TABLE 23 Canada Rebar Cutting Tools Market, 2020 - 2023, USD Million
TABLE 24 Canada Rebar Cutting Tools Market, 2024 - 2031, USD Million
TABLE 25 Canada Rebar Cutting Tools Market by Application, 2020 - 2023, USD Million
TABLE 26 Canada Rebar Cutting Tools Market by Application, 2024 - 2031, USD Million
TABLE 27 Canada Rebar Cutting Tools Market by Type, 2020 - 2023, USD Million
TABLE 28 Canada Rebar Cutting Tools Market by Type, 2024 - 2031, USD Million
TABLE 29 Mexico Rebar Cutting Tools Market, 2020 - 2023, USD Million
TABLE 30 Mexico Rebar Cutting Tools Market, 2024 - 2031, USD Million
TABLE 31 Mexico Rebar Cutting Tools Market by Application, 2020 - 2023, USD Million
TABLE 32 Mexico Rebar Cutting Tools Market by Application, 2024 - 2031, USD Million
TABLE 33 Mexico Rebar Cutting Tools Market by Type, 2020 - 2023, USD Million
TABLE 34 Mexico Rebar Cutting Tools Market by Type, 2024 - 2031, USD Million
TABLE 35 Rest of North America Rebar Cutting Tools Market, 2020 - 2023, USD Million
TABLE 36 Rest of North America Rebar Cutting Tools Market, 2024 - 2031, USD Million
TABLE 37 Rest of North America Rebar Cutting Tools Market by Application, 2020 - 2023, USD Million
TABLE 38 Rest of North America Rebar Cutting Tools Market by Application, 2024 - 2031, USD Million
TABLE 39 Rest of North America Rebar Cutting Tools Market by Type, 2020 - 2023, USD Million
TABLE 40 Rest of North America Rebar Cutting Tools Market by Type, 2024 - 2031, USD Million
TABLE 41 Key Information – Toyo Kensetsu Kohki Co., Ltd.
TABLE 42 Key Information – PEDAX GmbH
TABLE 43 Key Information – Schnell S.p.A.
TABLE 44 Key Information – TJK Machinery (Tianjin) Co., Ltd.
TABLE 45 Key Information – Gensco Equipment Inc.
TABLE 46 Key Information – EUROBEND GmbH
TABLE 47 Key Information – M.E.P. Macchine Elettroniche Piegatrici S.p.A.
TABLE 48 Key Information – Hitachi, Ltd.
TABLE 49 Key Information – Hilti AG
TABLE 50 Key Information – Makita Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Rebar Cutting Tools Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Rebar Cutting Tools Market
FIG 4 Porter’s Five Forces Analysis – Rebar Cutting Tools Market
FIG 5 North America Rebar Cutting Tools Market share by Application, 2023
FIG 6 North America Rebar Cutting Tools Market share by Application, 2031
FIG 7 North America Rebar Cutting Tools Market by Application, 2020 - 2031, USD Million
FIG 8 North America Rebar Cutting Tools Market share by Type, 2023
FIG 9 North America Rebar Cutting Tools Market share by Type, 2031
FIG 10 North America Rebar Cutting Tools Market by Type, 2020 - 2031, USD Million
FIG 11 North America Rebar Cutting Tools Market share by Country, 2023
FIG 12 North America Rebar Cutting Tools Market share by Country, 2031
FIG 13 North America Rebar Cutting Tools Market by Country, 2020 - 2031, USD Million
FIG 14 Swot Analysis: Toyo Kensetsu Kohki Co., Ltd.
FIG 15 Swot Analysis: PEDAX GmbH
FIG 16 Swot Analysis: Schnell S.p.A.
FIG 17 Swot Analysis: TJK Machinery (Tianjin) Co., Ltd.
FIG 18 Swot Analysis: Gensco Equipment Inc.
FIG 19 Swot Analysis: EUROBEND GmbH
FIG 20 Swot Analysis: M.E.P. Macchine Elettroniche Piegatrici S.p.A.
FIG 21 Swot Analysis: Hitachi, Ltd.

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