Floor Saw Market Size By Power (Below 15HP, 15HP - 30HP, Above 30HP), By Propulsion Technology (Diesel, Petrol, Electric) COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023 - 2032

Floor Saw Market Size By Power (Below 15HP, 15HP - 30HP, Above 30HP), By Propulsion Technology (Diesel, Petrol, Electric) COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023 - 2032

The global floor saw market is slated to expand exponentially through 2032 owing to the rising developments in the building & construction industry in the Asia Pacific region.

Moreover, expanding infrastructure spending in Latin America because of the continent's rising economic growth would complement the market scenario. Latin America is also aiming to modernize its infrastructure for construction with countries like Brazil and Mexico investing in commercial and infrastructure projects. As the area is characterized by a combination of sizable inaccessible regions and congestion issues, particularly in bigger cities, Brazil seeks to improve the efficiency of its transportation system through the construction of roadway infrastructure.

The floor saw market has been divided in terms of power, propulsion technology, and region.

Based on power, the above 3HP segment is anticipated to grow steadily by the end of 2032. One distinguishing feature of floor saws with more than 30 HP is its durability. 30 HP floor saws are incredibly durable when compared to other floor saws since they have a circular steel disk and can break up to 1200mm of concrete with sections located on the outer edge.

Higher horsepower floor saws with diamond cutting blades are fused under extreme heat and pressure which increases the shelf life and durability of the product without compromising on the efficacy. These benefits are further expected to foster segmental growth.

With respect to propulsion technology, the petrol segment is poised to grow at more than 5% CAGR from 2023 to 2032. Petrol-powered floor saws can generally be used for cutting of reinforced concrete and asphalt and can be integrated with water supply tanks for effective dust suppression. It is also used for indoor work such as digging below the level to install pipes as well as utility lines or to remove parts of slabs for new surfaces. Other uses include projects involving highways, roofs, bridges, and water channels. Petrol-powered floor saws need routine upkeep. They are not recommended for use in places with inadequate ventilation since they generate strong emissions.

From the regional perspective, the Middle East & Africa floor saw market is set to amass more than $23 million in revenue by 2032. The Middle East is another location that will become a sustainable market for floor saws in the next years. The need for roads and buildings in this area will increase floor saw demand. Construction activity in the region is likely to increase in the upcoming years due to multiple existing projects, creating a big potential for the floor saw sector to grow its income.