About Die Grinder
A die grinder is a handheld power tool used for grinding, sanding, honing, polishing, or machining materials like metal, plastic, or wood. It is either powered by electricity or pneumatically driven. These power tools are useful for welders, boilermakers, ironworkers, sheet metal workers such as HVAC technicians, and other fabricators.
Die grinders, also called rotary tools, cater to many applications in industries such as construction, woodworking, metalworking, engineering, and fabrication. Growth in these industries subsequently generates high demand for power tools, including die grinders.
Technavio’s analysts forecast the global die grinder market to grow at a CAGR of 6.85% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global die grinder market for 2016-2020. To calculate the market size, the report considers the demand for die grinders from end-user industries.
The market is divided into the following segments based on end-user:
Technavio Announces the Publication of its Research Report – Global Die Grinder Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Die Grinder Market: Atlas, Bosch, Danaher, Hitachi Koki and Makita.
Other Prominent Vendors in the market are: Apex Tool Group, Milwaukee Tool, Dewalt, Walter Surface Technologies, Grainger (MRO distributor), Ken Power Tools, Kulkarni Power Tools, Ingersoll Rand, C. & E. Fein and 3M.
Commenting on the report, an analyst from Technavio’s team said: “Replacement of Ni-Cd batteries with Li-ion batteries is a significant trend in the global tie grinder market. Li-ion batteries have many advantages over Ni-Cd batteries; they are lightweight and highly efficient, and offer enhanced run time. Owing to these benefits, end-users prefer Li-ion in die grinders. The batteries also do not contain toxic materials such as mercury or cadmium.”
According to the report, electronics and electrical appliances use metal casings for protection from external shocks. The manufacturing of these metal casings requires processing activities such as cutting, bending, welding, forming, and machining. Therefore, a rise in demand for electronics and electrical products will boost the demand for die grinders.
Further, the report states that the slowdown in Chinese economy will affect the market for die grinders as the country’s automotive and metal works industries are the primary end-users of die grinders.
Atlas, Bosch, Danaher, Hitachi Koki, Makita, Apex Tool Group, Milwaukee Tool, Dewalt, Walter Surface Technologies, Grainger (MRO distributor), Ken Power Tools, Kulkarni Power Tools, Ingersoll Rand, C. & E. Fein, 3M.