About Handheld Tube Cutter
Growing demand in the construction industry will help to boost global handheld cutter market. Handheld tube cutter is also called a pipe cutter. It is a tool used for pipe cutting. Also creating a clean cut, the tool is often a cleaner, faster, and more appropriate way of cutting pipe. There are three types of handheld tube cutter including plastic tube cutter, steel tube cutter, and metal tube cutter.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to expand their products and services. In addition, companies are focusing on growing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States and German Manufacturers will contribute the maximum growth to Global Handheld Tube Cutter 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.
Adolf Wurth Gmbh & Co. KG (Germany), Candan Makina Yedek Parca San Ve Tic Ltd Sti (Turkey), LEFON Machinery (China), Lenox (United States), Orbitalservice Gmbh (Germany), POWERMASTER (India), VULKAN LOKRING Rohrverbindungen Gmbh & CO. KG (Germany), WIDOS Wilhelm Dommer Sohne Gmbh (Germany), Reed Manufacturing (United States) and Swagelok (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Hautau Tube Cutoff Systems (United States) and Parker NA (United States).
Segmentation Overview
AMA Research has segmented the market of Global Handheld Tube Cutter market by Type (Plastic Tube Cutter, Steel Tube Cutter and Metal Tube Cutter), Application (Construction Industry, Equipment Processing, Plastics Factory and Others) and Region.
On the basis of geography, the market of Handheld Tube Cutter 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Handheld Tube Cutter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Implementation of Advanced Handheld Tube Cutter Application by Developed Countries and Growing Demand in Various End-User Industries
Market Growth Drivers:
Increasing Demand Due To Ease of Use and High Demand in the Construction Industry
Challenges:
Lack of Availability of Skilled Persons
Restraints:
Availabilities of Substitutes
Opportunities:
Development of Emerging Countries and the Spurring Of Individual Spending
Market Leaders and their expansionary development strategies
In October 2022, DEWALT, a Stanley Black & Decker brand and leader in total jobsite solutions, launched the DEWALT IMPACT CONNECT™ system, a new line of attachments to quickly convert select impact drivers into fast, powerful cutting tools. Designed to improve user productivity and provide unmatched value, the DEWALT IMPACT CONNECT™ system is rolling out with two attachments: a Copper Pipe Cutter Attachment (DWACPRIR) and PVC/PEX Pipe Cutter Attachment (DWAPVCIR) that quickly attach to select DEWALT® 20V MAX* and other pro-grade 18V Impact Drivers‡ turning them into powerful cutting tools.
In April 2020, Industrial tool and laser maker Trumpf has launched a new laser tube-cutting machine, the TruLaser Tube 3000 fiber. The company describes it as “a cost-effective choice even at low to medium capacity utilization, suitable for companies that are entering this sector and those seeking to expand production capacity.
Key Target Audience
Manufactures, Suppliers and Distributors, Government and Private Research Organizations, Government Regulatory Bodies and Others
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.