Global Portable Grinders Market Overview
As per MRFR analysis, the Portable Grinders Market Size was estimated at 4.8 (USD Billion) in 2022. The Portable Grinders Market Industry is expected to grow from 5.13(USD Billion) in 2023 to 9.447 (USD Billion) by 2032. The Portable Grinders Market CAGR (growth rate) is expected to be around 7.02% during the forecast period (2024 - 2032).
Key Portable Grinders Market Trends Highlighted
The Portable Grinders Market is characterized by rising demand as a versatile and portable tool especially in the context of the growing use in construction, manufacturing, and automotive. Some of the major reasons contributing to market growth include increasing urbanization, growing construction activities, and improving cordless technology which enhances mobility.
There are impending prospects in the use of advanced technologies such brushless motors and artificial intelligence wherein performance and safety can be controlled. Current trends show that consumers are increasingly moving to more ergonomic design with features of noise reduction and improved dust extraction systems to meet the new needs of the consumers. Furthermore, the market is expanding as a result of the rising adoption of cordless portable grinders which are easy to operate and maneuver.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Portable Grinders Market Drivers
Increasing Demand for Portable Grinders in Construction Industry
The construction industry is a major consumer of portable grinders. These tools are used for a variety of tasks, including cutting, grinding, and polishing. The growing demand for construction projects, particularly in developing countries, is expected to drive the growth of the portable grinders market. In addition, the increasing adoption of advanced construction techniques, such as prefabrication and modular construction, is also contributing to the demand for portable grinders.These techniques require tools that are portable, lightweight, and easy to use, which makes portable grinders an ideal choice for construction professionals.
Expansion of the Metalworking Industry
The metalworking industry is another major consumer of portable grinders. These tools are used for a variety of tasks, including cutting, grinding, and polishing metal. The growing demand for metal products, particularly in the automotive and aerospace industries, is expected to drive the growth of the portable grinders market. In addition, the increasing adoption of advanced metalworking techniques, such as laser cutting and waterjet cutting, is also contributing to the demand for portable grinders.These techniques require tools that are portable, lightweight, and easy to use, which makes portable grinders an ideal choice for metalworking professionals.
Technological Advancements in Portable Grinders
Technological advances are also driving the growth of the portable grinders market. Manufacturers are constantly developing new and innovative features to improve the performance and efficiency of portable grinders. Some of the latest advancements include brushless motors, which offer improved power and efficiency; variable speed control, which allows users to adjust the speed of the grinder to suit the task at hand; and cordless models, which offer greater portability and convenience.These advancements are making portable grinders more versatile and user-friendly, which is increasing their popularity among both professional and DIY users.
Portable Grinders Market Segment Insights
Portable Grinders Market Power Source Insights
The Portable Grinders Market segmentation by Power Source comprises Electric, Pneumatic, and Hydraulic. Among these, the Electric segment dominates the market and is projected to maintain its dominance throughout the forecast period. The growth of the electric segment can be attributed to the increasing adoption of cordless electric grinders, which offer greater convenience, portability, and reduced noise levels compared to their pneumatic and hydraulic counterparts. The Pneumatic segment is expected to witness steady growth due to its advantages in terms of power and durability, making it suitable for heavy-duty applications.The Hydraulic segment, though smaller in size, is expected to gain traction in specialized applications that require high precision and control. In terms of market share, the Electric segment is estimated to account for over 60% of the Portable Grinders Market revenue in 2023, followed by the Pneumatic segment with around 30% share. The Hydraulic segment is expected to hold a single-digit market share. The growth of the electric segment is primarily driven by the increasing demand for cordless grinders, which are lightweight, portable, and offer greater maneuverability.The market growth is attributed to the rising demand for portable grinders in various industries, including metalworking, construction, automotive, and shipbuilding. The increasing adoption of advanced technologies, such as brushless motors and variable speed control, is further enhancing the popularity of portable grinders. Moreover, the growing emphasis on safety and ergonomics in workplaces is driving the demand for portable grinders that offer improved safety features and reduced vibration levels.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Portable Grinders Market Application Insights
The Portable Grinders Market is segmented by application into metalworking, shipbuilding, construction, automotive, and aerospace. The metalworking segment accounted for the largest share of the market in 2023, and is expected to continue to grow at a significant rate over the forecast period. The growth of this segment can be attributed to the increasing demand for portable grinders in the automotive and construction industries. The shipbuilding segment is also expected to witness significant growth over the forecast period, due to the increasing number of shipbuilding projects worldwide.The construction segment is expected to grow at a steady pace, driven by the increasing demand for portable grinders in residential and commercial construction projects. The automotive segment is also expected to witness steady growth, due to the increasing demand for portable grinders in the automotive repair and maintenance industry. The aerospace segment is expected to witness moderate growth over the forecast period, due to the increasing demand for portable grinders in the aerospace manufacturing industry.
Portable Grinders Market Grinder Type Insights
The Portable Grinders Market is segmented by Grinder Type into Angle Grinders, Die Grinders, and Belt Grinders. Angle Grinders held the largest market share of 48.1% in 2023 and is projected to continue its dominance throughout the forecast period. The growth of the Angle Grinders segment can be attributed to their versatility and wide range of applications in various industries, including construction, metalworking, and shipbuilding. Die Grinders, which are used for precision grinding and finishing applications, accounted for a market share of 25.6% in 2023 and are expected to witness steady growth in the coming years.Belt Grinders, which are ideal for heavy-duty grinding and surface finishing tasks, held a market share of 26.3% in 2023 and are anticipated to grow at a significant rate during the forecast period.
Portable Grinders Market Disc Diameter Insights
The Disc Diameter segment plays a crucial role in the Portable Grinders Market revenue, driven by the varying requirements of different industries. The '4 inches and below' segment captures a significant portion of the market, catering to applications such as metalworking, construction, and automotive repair. The '4-6 inches' segment holds a notable share, primarily used in heavy-duty grinding tasks in industries like shipbuilding and manufacturing. The 'Above 6 inches' segment is expected to witness substantial growth, owing to the increasing demand for heavy-duty grinding and cutting operations in sectors such as metal fabrication and construction.This segment's growth is attributed to the growing adoption of larger-diameter grinders for enhanced productivity and efficiency in demanding applications.
Portable Grinders Market End User Insights
The Portable Grinders Market segmentation by End User comprises Industrial, Commercial, and DIY. Among these segments, the Industrial segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of the Industrial segment can be attributed to the increasing demand for portable grinders in various industrial applications, such as metalworking, construction, and shipbuilding. The Commercial segment is expected to witness significant growth over the forecast period due to the rising adoption of portable grinders in commercial establishments, such as restaurants, hotels, and retail stores.The DIY segment is also anticipated to experience steady growth, driven by the increasing popularity of home improvement projects and the growing trend of DIY enthusiasts.
Portable Grinders Market Regional Insights
The Portable Grinders Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the presence of many construction projects and the increasing adoption of portable grinders in various industries. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period, due to the increasing demand for portable grinders in emerging economies such as China and India.South America and MEA are expected to account for a smaller share of the global market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Portable Grinders Market Key Players and Competitive Insights
Major players in the Portable Grinders Market industry are continually looking for ways to improve their products and processes. The Portable Grinders Market is becoming more competitive, with new players entering the market and existing players expanding their product offerings. As a result, companies are focusing on innovation and product development to stay ahead of the competition. Leading Portable Grinders Market players are also focusing on expanding their distribution networks and increasing their market share. The Portable Grinders Market is expected to continue to grow in the coming years, driven by the increasing demand for portable power tools from various industries.Makita is a leading manufacturer of power tools, including portable grinders. The company has been in business for over 100 years and has a strong reputation for quality and innovation. Makita's portable grinders are known for their durability and performance, and they are used by professionals and do-it-yourselfers alike. The company offers a wide range of portable grinders, including angle grinders, die grinders, and cut-off grinders. Makita's portable grinders are available in a variety of sizes and speeds, and they can be used with a variety of accessories.Bosch is another major player in the Portable Grinders Market. The company has been in business for over 100 years and has a strong reputation for quality and innovation. Bosch's portable grinders are known for their power and performance, and they are used by professionals and do-it-yourselfers alike. The company offers a wide range of portable grinders, including angle grinders, die grinders, and cut-off grinders. Bosch's portable grinders are available in a variety of sizes and speeds, and they can be used with a variety of accessories.
Key Companies in the Portable Grinders Market Include
- Samsung Electronics Co., Ltd.
- Makita Corporation
- Techtronic Industries Company Limited
- Karcher AG
- LG Electronics Inc.
- Ingersoll Rand
- Atlas Copco
- Hitachi Koki Co., Ltd.
- Emerson Electric Co.
- Robert Bosch GmbH
- Tennant Company
- Stanley Black Decker
- NilfiskAdvance ApS
- Husqvarna AB
Portable Grinders Market Industry Developments
The Portable Grinders Market is projected to grow from USD 4.57 billion in 2023 to USD 8.23 billion by 2032, at a CAGR of 7.02% during the forecast period. The growth of the market is attributed to the increasing demand for portable grinders from various industries such as automotive, construction, and metalworking.In recent years, there have been several notable developments in the portable grinders market. For instance, in 2023, Bosch Power Tools introduced its new line of X-LOCK portable grinders, which feature a keyless wheel changing system for faster and more convenient operation. Additionally, Makita launched its 18V LXT brushless angle grinder, which offers increased power and runtime compared to traditional brushed models.These developments highlight the ongoing innovation and advancements in the portable grinders market, as manufacturers strive to meet the evolving needs of end-users. The market is expected to continue to grow in the coming years, driven by the increasing demand for portable and efficient grinding solutions across various industries.
-
Portable Grinders Market Segmentation Insights
-
Portable Grinders Market Power Source Outlook
- Electric
- Pneumatic
- Hydraulic
-
Portable Grinders Market Application Outlook
- Metalworking
- Shipbuilding
- Construction
- Automotive
- Aerospace
-
Portable Grinders Market Grinder Type Outlook
- Angle Grinders
- Die Grinders
- Belt Grinders
-
Portable Grinders Market Disc Diameter Outlook
- 4 inches and below
- 4-6 inches
- Above 6 inches
-
Portable Grinders Market End User Outlook
- Industrial
- Commercial
- DIY
-
Portable Grinders Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia Pacific
-
Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.8(USD Billion) |
| Market Size 2023 |
5.13(USD Billion) |
| Market Size 2032 |
9.447(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
7.02% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Samsung Electronics Co., Ltd., Makita Corporation, Techtronic Industries Company Limited, Karcher AG, LG Electronics Inc., Ingersoll Rand, Atlas Copco, Hitachi Koki Co., Ltd., Emerson Electric Co., Robert Bosch GmbH, Tennant Company, Stanley Black Decker, NilfiskAdvance ApS, Husqvarna AB |
| Segments Covered |
Power Source, Application, Grinder Type, Disc Diameter, End User, Regional |
| Key Market Opportunities |
1 Rising demand in construction industry2 Growing popularity of cordless models3 Expansion of DIY projects4 Increasing use in automotive industry5 Portable Grinders Market |
| Key Market Dynamics |
1 Rising Demand for Home Improvement2 Growing Construction Industry3 Technological Advancements4 Increasing Disposable Income5 Government Infrastructure Investments |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The growth of the Portable Grinders Market is primarily attributed to the increasing demand for portable power tools in various industries, including construction, metalworking, and automotive. The rising adoption of cordless power tools due to their convenience and portability is further fueling market growth. Additionally, the growing popularity of DIY projects and home improvement activities is expected to drive demand for portable grinders in the residential sector.
The Portable Grinders Market was valued at approximately USD 5.13 billion in 2023 and is projected to reach USD 9.45 billion by 2032, exhibiting a CAGR of 7.02% during the forecast period.
The Asia Pacific region is expected to dominate the Portable Grinders Market throughout the forecast period. The growth in this region can be attributed to the rapid urbanization, industrialization, and increasing construction activities in countries such as China, India, and Japan.
The major applications of Portable Grinders include metalworking, construction, automotive, and shipbuilding. These tools are extensively used for grinding, cutting, polishing, and deburring various materials, including metal, wood, and plastic.
The key competitors in the Portable Grinders Market include Bosch, Makita, DeWalt, Milwaukee Tool, Hitachi Power Tools, Metabo, Ryobi, Black Decker, and Skil. These companies offer a wide range of portable grinders with varying specifications and features to cater to the diverse needs of end-users.
The key trends shaping the Portable Grinders Market include the increasing adoption of cordless power tools, the growing popularity of DIY projects, and the rising demand for ergonomic and user-friendly tools. Additionally, manufacturers are focusing on developing innovative features, such as variable speed control, soft start, and anti-kickback mechanisms, to enhance the safety and performance of portable grinders.
The Portable Grinders Market faces certain challenges, including intense competition, fluctuating raw material prices, and stringent safety regulations. Moreover, the availability of low-cost alternatives from emerging markets poses a competitive threat to established players.
The Portable Grinders Market is anticipated to grow at a steady pace during the forecast period, with a projected CAGR of 7.02% from 2023 to 2032.
The demand for Portable Grinders is expected to be driven by factors such as the increasing adoption of automation in manufacturing processes, the growing trend of home improvement projects, and the rising popularity of cordless power tools.
The key opportunities for market participants in the Portable Grinders Market include developing innovative products with advanced features, expanding into emerging markets, and focusing on strategic partnerships and collaborations.
