About Electric Belt Sander
Electric Belt Sander are basically power tools which is equipped with an abrasive belt, to smoothen or trim the surfaces, levelling the surfaces or to give some shape. They offer more powerful and linear action compared to vibrating or orbital sanders. There are majorly two types of electric belt sanders which are portable or hand held electric belt sanders and bench top electric belt sanders. Belt sanders offered variety of application surfaces, such as they can be used on wood, metals, and plastics. Rapid Industrialisation and increasing building and construction activities has led to surge in demand for electric belt sanders. Geographically, Asia Pacific is expected to be biggest market of electric belt sanders.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.0% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Electric Belt Sander market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Makita Corporation (Japan), Stanley Black & Decker, Inc. (United States), Atlas Copco (Sweden), Metabowerke GmbH (Germany), WEN Products (United States), Robert Bosch GmbH (Germany), Astro Tools (United States), Central Machinery Company, LLC (United States), Ridge Tools (United States), Genesis Power Tools (United States) and Hitachi Koki Co., Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are PowerTec Inc. (United States), Ferm International B.V. (Netherlands) and Jiangsu Dongcheng M&E Tools Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Electric Belt Sander market by Type (Bench Top and Portable), Application (Metals, Plastics, Wood and Others) and Region.
On the basis of geography, the market of Electric Belt Sander has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pad Size (Inch), the sub-segment i.e. Others will boost the Electric Belt Sander market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Electric Belt Sander market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Portable Segment Account for the Largest Market Share
Market Growth Drivers:
Rapid Industrialisation and Surge in Building and Construction Activities
Challenges:
Emergence of Local Players in the Market
Restraints:
Expensive than Manual Belt Sander
Opportunities:
Online E-Commerce Stores Presents Opportunity to Reach Larger Market
Market Leaders and their expansionary development strategies
In September 2023, Bosch launches the GBS 18V-50 C Professional cordless belt sander with Bluetooth connectivity and a dust extraction system. This successful launch of belt sander will help Bosch maintain its position in the market.
In 2021, Makita Corporation, a Japanese multinational manufacturer of power tools has launched a new electric belt sander 18V LXT® Brushless 3/8” x 21” Detail Belt Sander also known as XSB01. The company says that the product can be used on both metal and wood to give finishing touch and other fabrication purposes.
Key Target Audience
Electric Belt Sander Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.