Global Electric Tile Cutter Market to reach USD XX million by 2027.Global Electric Tile Cutter Market is valued approximately at USD XX million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Electric tile cutter is a device that's used to cut the ceramic tile to a selected form or length and additionally to amend lateral wedges or abnormal corners of the tile in order to allow proper tile fitting. Tile cutter devices are available in numerous forms, from basic manual devices to complicated add-ons for electricity tools. In the recent years, majority of the masonry employees have shifted towards electric powered tile cutters as a result of their higher performance and precision in cutting. Growing preference for installation of vitrified tiles for superior aesthetics and growth in construction spending along with increase in number of commercial buildings are the factors which are driving the growth of Electric Tile Cutter market. For instance: in 2018, the Government of Germany introduced its nationwide project to construct around 1.5 million housing units by 2021. Moreover, in February 2018, GERMANS BOADA SA (RUBI UK LTD.), manufacturer and distributor of cutting device and tools, introduced its RUBI DU-200 EVO 850 Electric Cutter, that is designed for protection and mild work. This innovations and strategies for increasing construction activities across the globe will anticipate the electric tile cutter market. Furthermore, innovations in digital printing technology will be anticipating the growth of market in forecasted period. However, availability of substitute flooring materials may impede market growth over the forecast period of 2021-2027.
Global Electric Tile Cutter market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is a dominating region across the world in terms of market size due to high availability of labor as well as increasing construction activities in the region. Whereas North America is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to innovations in cutting tools and rising automation in construction tools in the region.
Major market player included in this report are:
iQ Power Tools
GERMANS BOADA SA (RUBI UK LTD.)
Brevetti Montolit S.p.A.
Norcros plc
Q.E.P. Co., Inc.
Jack Sealey Ltd.
Laptronix
Brevetti Montolit Spa
John-Tools
DEWALT
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Wet Tile Cutter
Dry Tile Cutter
By Application:
Household
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Electric Tile Cutter Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors