Product Code: ETC033884 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Saw Blades market currently, in 2023, has witnessed an HHI of 5092, Which has increased slightly as compared to the HHI of 4852 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India saw blades market is expected to witness a steady growth rate during the forecast period of 2020-2026. The increasing demand for saw blades from various sectors such as construction, automotive and furniture manufacturing will drive the growth of this market. Factors such as rising investments in infrastructure projects, growing industrialization and rapid urbanization are some of the major factors driving the demand for saw blades in India.
The primary driver behind the growth of India`s saw blade industry is the surge in construction activities due to increased investments being made by private players and government initiatives like Smart Cities project, Swachh Bharat Abhiyaan etc., which has led to an increase in demand for woodworking tools including saws and blades. In addition to that, there has been a rise in the production of automobiles due to rapidly expanding domestic car sales owing to rising disposable incomes leading manufacturers like Maruti Suzuki investing heavily on setting up new factories thus resulting in increased need for cutting tools such as saws & blades thereby fuelling its market further. Furthermore, with changing lifestyle trends people are now more inclined towards buying customized furniture items which requires advanced cutting tool technologies such as circular and reciprocating saws along with their associated blades making them one among key drivers propelling this markets outlook positively.
The India Saw Blades Market faces certain challenges which act as restraining factors against its potential growth; these include lack of awareness about technologically advanced products amongst end users coupled with higher costs associated with them restricting their adoption rates limiting its overall reach across mass consumer segment; Moreover stringent environmental regulations imposed by government hinders smooth operations at times adding extra cost burden upon business entities operating within this domain thus impeding their profitability levels affecting development prospects adversely sometimes eventually acting as a roadblock before companies aiming at entering or diversifying into this sector hindering new entrants too from doing so successfully.
Some major trends seen dominating India?s Saw Blades Market include emergence of multi-functional CNC machinery requiring multi purpose use compatible variants featuring adjustable width capability allowing easy switching between multiple applications ensuring maximum efficiency; Introduction automated cutting solutions incorporating robots providing enhanced precision accuracy offering greater consistency across all operations minimizing labour requirements; Further introduction eco-friendly materials like carbide replacing TCT ones reducing wastage generation & energy consumption while simultaneously increasing life span consequently becoming preferred option over traditional options among many others paving way forward opening new avenues ushering future development opportunities within region eventually broad
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 India Saw Blades Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Saw Blades Market Revenues & Volume, 2020 & 2030F |
3.3 India Saw Blades Market - Industry Life Cycle |
3.4 India Saw Blades Market - Porter's Five Forces |
3.5 India Saw Blades Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Saw Blades Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 India Saw Blades Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Saw Blades Market Trends |
6 India Saw Blades Market, By Types |
6.1 India Saw Blades Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Saw Blades Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Saw Blades Market Revenues & Volume, By Stone Cutting, 2020-2030F |
6.1.4 India Saw Blades Market Revenues & Volume, By Band, 2020-2030F |
6.1.5 India Saw Blades Market Revenues & Volume, By Chain, 2020-2030F |
6.1.6 India Saw Blades Market Revenues & Volume, By Circular, 2020-2030F |
6.1.7 India Saw Blades Market Revenues & Volume, By Hand Saw Blades, 2020-2030F |
6.2 India Saw Blades Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Saw Blades Market Revenues & Volume, By Wood and Wood-based Materials Cutting, 2020-2030F |
6.2.3 India Saw Blades Market Revenues & Volume, By Metal Materials Cutting, 2020-2030F |
6.2.4 India Saw Blades Market Revenues & Volume, By Stone Cutting, 2020-2030F |
6.2.5 India Saw Blades Market Revenues & Volume, By Others, 2020-2030F |
7 India Saw Blades Market Import-Export Trade Statistics |
7.1 India Saw Blades Market Export to Major Countries |
7.2 India Saw Blades Market Imports from Major Countries |
8 India Saw Blades Market Key Performance Indicators |
9 India Saw Blades Market - Opportunity Assessment |
9.1 India Saw Blades Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Saw Blades Market Opportunity Assessment, By Application, 2020 & 2030F |
10 India Saw Blades Market - Competitive Landscape |
10.1 India Saw Blades Market Revenue Share, By Companies, 2023 |
10.2 India Saw Blades Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |