Market Forecast by Application (Metal, Plastic, Wood and Others), by Product Type (Sanding, Polishing), By Regions (Latin America, North America, Europe, Asia Pacific, Middle East and Africa) and Competitive Landscape
Product Code: ETC054671 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global electric sanding and polishing tools marketย is expected to witness growth in the coming years on account of the increase in urbanization and rise in construction activities, increase in industrial production and increase in the automotive sector, which are the primary growth drivers in this industry. A sander polisher is a smoothening tool, which smoothโs the surfaces by wearing away the rough surfaces and giving a smooth finish and shape to surfaces and materials, by the use of sandpaper and polish. There is an increase in demand for construction activities as we can observe an increase in migration of rural population to urban cities in search of work and better growth in life. And we know that sanders and polishers are being used widely in the automotive industry used for providing perfect shape and polishing for automobiles and giving it a smooth finish. We also see the increase in the automotive reselling market so this can also be a growth driver in this industry. And we also observe the increase in the standard of living and rise in investments in interior decoration and home dรฉcor would mean that carpenters would use the sanders for smoothing the surfaces for smooth finishing. In addition to that, we see advances in technology and innovation in the furniture industry which brought the sanders to be used for perfection. ย As far as the restraints in Global electric sanding and polishing tools market are concerned, there is anย adherence concern that is to be given to the grit by using in sander polishers, given that a low-grade grit would not polish the material whereas a high quality of sander would damage the material. The right skill to operate the machinery and the right type of sanding disc should be used. Otherwise, the operator could damage both the sander polisher and material. Dust i.e. silica created by the sander while polishing could harm the nearby people and even the polisher with serious respiratory diseases. Additionally, the high maintenance cost of electric sanders and polishing tools hamper its growth. The outbreak of the current COVID 19 pandemic has brought the manufacturing and automotive companies to stand still and this market has been worst hit with the current pandemic situation as manufacturers of non-essential goods had to shut down their manufacturing facilities in compliance with the government norms for lockdown. COVID pandemic could play a spoilsport in Globalย electric sanding and polishing toolsย market as there is a decline in the automobile industry and migration of workers to their hometown halted the manufacturing activities. Job layoff due to this pandemic has impacted consumer spending on automobiles, home dรฉcor and infrastructure.
According to 6Wresearch, Global Electric Sanding And Polishing Tools Market size is anticipated to register growth during 2020-26.ย Asia Pacific region is the major contributor dominating Global sanders and polishing market during the forecast period. Mainly China, India, Japan are the key contributors to propelling this industry. This being due to an increase in rapid industrialization, and urbanization, in the above-mentioned countries had propelled the demand for sanders, polishersโ tools in the industry. And Increase in manufacturing activities, growth in automotive and construction and an increase in industrial production has boosted the growth of this market in this region. Followed by the region of North America and Europe being second and third region wise. ย North America has a majority of heavy industries with more attention to the industrial activities has created high demand in the industries like automotive, aviation, construction etc in Global sander and polishing tools in this industry.
Global electric sanding and polishing market is segmented based on product type, operation, and application, by end-users. Globalย electric sanding and polishing toolsย market is classified into disc, rolls, wheels sanding, and polishing sanders on basis of product type. Based on operation, Globalย electric sanding and polishing toolsย market can be classified into electric and pneumatic. Based on application, Globalย electric sanding and polishing toolsย market can be classified into Metals, Plastics, Wood, others. Based on end-users it can be classified as automotive, furniture, metal fabrication, construction and others. The disc product type is the leading product in sander and polishing tools used for hard plating and ideal on wood and concrete to remove the various residues. This product type is projected to lead during this forecast period. And the construction industry is booming in the end-user segment due to its application in various activities like scrapping off the layers or smoothening the surface or giving perfect shape and finish to the wood and surfaces and improvement in financing in this industry has brought the advancement in technology, and innovation of these tools. There was strict regulation from the government on the usage of silica in sanders has affected the employability and health of the operators globally, and further restrains the demand and sales of Global sander and polishing tools, due to its harmful effects on the lives of the people surrounded by having serious respiratory problems. Here areย some of theย key players in Globalย electric sanding and polishing toolsย market are Hitachi Ltd., JET Tools, Chicago Pneumatic, Desoutter Industrial Tools, The 3M Company, Milwaukee Tool, C. & E. Fein GmbH, Dynabrade, Axminster Tool Centre Ltd, Apex Tool Group, CS Unitec, Inc, SPARKY Power Tools GmbH, Robert Bosch GmbH, LLC and McQuillan Tools.
Global electric Sanding and polishing tools market report thoroughly covers the market by Products, by Applications, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East, and key emerging economies. Global electric Sanding and polishing tools market outlook report provide an unbiased and detailed analysis of the ongoing Global electric Sanding and polishing tools market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to plan and align their market strategies consistent with the present and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Electric Sanding and Polishing Market Overview |
3.1. Global Country Macro Economic Indicators |
3.2. Global Electric Sanding and Polishing Market Revenues, 2019 & 2026F |
3.3. Global Electric Sanding and Polishing Market - Industry Life Cycle |
3.4. Global Electric Sanding and Polishing Market - Porter's Five Forces |
3.5. Global Electric Sanding and Polishing Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. Global Electric Sanding and Polishing Market Revenue Share, By Application, 2019 & 2026F |
4. Global Electric Sanding and Polishing Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Electric Sanding and Polishing Market Trends |
6. Global Electric Sanding and Polishing Market, By Product Type |
6.1. Global Electric Sanding and Polishing Market, By Product Type |
6.1.1. Overview and Analysis |
6.1.2. Global Electric Sanding and Polishing Market Revenues, By Polishing, 2016 - 2026F |
6.1.3. Global Electric Sanding and Polishing Market Revenues, By Sanding, 2016 - 2026F |
6.2. Global Electric Sanding and Polishing Market, By Application |
6.2.1. Overview and Analysis |
6.2.2. Global Electric Sanding and Polishing Market Revenues, By Metal, 2016 - 2026F |
6.2.3. Global Electric Sanding and Polishing Market Revenues, By Plastic, 2016 - 2026F |
6.2.4. Global Electric Sanding and Polishing Market Revenues, By Wood, 2016 - 2026F |
6.2.5. Global Electric Sanding and Polishing Market Revenues, By Others, 2016 - 2026F |
7. North America Electric Sanding and Polishing Market |
7.1. North America Electric Sanding and Polishing Market, By Product Type |
7.1. North America Electric Sanding and Polishing Market, By Application |
7.1. North America Electric Sanding and Polishing Market, By Regions |
8. Latin America Electric Sanding and Polishing Market |
8.1. Latin America Electric Sanding and Polishing Market, By Product Type |
8.1. Latin America Electric Sanding and Polishing Market, By Application |
8.1. Latin America Electric Sanding and Polishing Market, By Regions |
9. Europe Electric Sanding and Polishing Market |
9.1. Europe Electric Sanding and Polishing Market, By Product Type |
9.1. Europe Electric Sanding and Polishing Market, By Application |
9.1. Europe Electric Sanding and Polishing Market, By Regions |
10. Middle East Electric Sanding and Polishing Market |
10.1. Middle East Electric Sanding and Polishing Market, By Product Type |
10.1. Middle East Electric Sanding and Polishing Market, By Application |
10.1. Middle East Electric Sanding and Polishing Market, By Regions |
11. Africa Electric Sanding and Polishing Market |
11.1. Africa Electric Sanding and Polishing Market, By Product Type |
11.1. Africa Electric Sanding and Polishing Market, By Application |
11.1. Africa Electric Sanding and Polishing Market, By Regions |
12. Asia Pacific Electric Sanding and Polishing Market |
12.1. Asia Pacific Electric Sanding and Polishing Market, By Product Type |
12.1. Asia Pacific Electric Sanding and Polishing Market, By Application |
12.1. Asia Pacific Electric Sanding and Polishing Market, By Regions |
13. Global Electric Sanding and Polishing Market Key Performance Indicators |
14. Global Electric Sanding and Polishing Market - Opportunity Assessment |
14.1. Global Electric Sanding and Polishing Market Opportunity Assessment, By Product Type, 2019 & 2026F |
14.2. Global Electric Sanding and Polishing Market Opportunity Assessment, By Application, 2019 & 2026F |
15. Global Electric Sanding and Polishing Market - Competitive Landscape |
15.1. Global Electric Sanding and Polishing Market Revenue Share, By Companies, 2019 |
15.2. Global Electric Sanding and Polishing Market Competitive Benchmarking, By Operating and Technical Parameters |
16. Company Profiles |
17. Recommendations |
18. Disclaimer |