Electric Tile Cutter Market Analysis | CMI

1

• Coherent Market Insights
• Market Research and Business Consulting Services
• https//www.coherentmarketinsights.com/
• COVID-19 Impact Tracker

2
ELECTRIC TILE CUTTER MARKET ANALYSIS

• Electric Tile Cutter Market Report, By Type (Wet
  Tile Cutter and Dry Tile Cutter), By Application
  (Household and Commercial), and By Region (North
  America, Europe, Asia Pacific, Latin America,
  Middle East, and Africa) - Size, Share, Outlook,
  and Opportunity Analysis 2019 - 2027
• The global electric tile cutter market was valued
  at US 145.7 Mn in 2017, and is expected to
  exhibit a CAGR of 5.9 over the forecast period
  and reach US 257.3 Mn in 2027. Asia Pacific
  accounted for the largest revenue share in the
  global electric tile cutter market in 2018.

3
Market Drivers

• The market in India is expected to grow at a
  significant rate over the forecast period,
  followed by Rest of Asia Pacific. This growth is
  attributed to growing urbanization and population
  explosion in the region, which is expected to
  boost the number of construction activities
  during the forecast period.
• The Asia Pacific market is witnessing high growth
  due to rising infrastructural development,
  increasing disposable income, and growing
  construction industry in countries such as India,
  China, and Japan. For instance, in June 2018, the
  Asian Infrastructure Investment Bank (AIIB)
  announced an investment of US 200 million in the
  National Investment Infrastructure Fund (NIIF).

4

• Growing construction industry is one of the key
  drivers boosting the market growth
• The construction industry is undergoing rapid
  transformation due to advancements in tools and
  equipment that are used in construction process.
• Tile cutting equipment is one of the power tools
  that are in high demand due to availability of
  extensive range of tile sizes that are used
  across residential, industrial, and commercial
  industries. Moreover, increasing construction
  activities and rapid urbanization are two major
  factors that are boosting growth of Electric Tile
  Cutter Market. Electric tile manufacturers are
  focusing on product launches and innovation
  strategy, in order to strengthen their foothold
  in the electric tile cutter market. Manufacturers
  are focused on innovative offerings and have
  introduced tile cutters with robust design and
  advanced features. Therefore, growing
  construction industry is expected to boost growth
  of the electric tile cutter market, globally.

5
Figure1. Global Electric Tile Cutter Market Share
(), by Region, 2018 2027
6
Market Opportunities

• Europe Electric Tile Cutter Market Scenario
• Europe is expected to witness significant growth
  due to the rapidly growing real estate sector,
  which includes construction of residential
  buildings as well as increasing remodeling and
  renovation activities. For instance, in November
  2017, the National Energy Efficiency Action Plans
  (NEEAPs) announced plans to raise investments for
  renovation of residential, public, and commercial
  buildings in Europe region, which includes
  shopping centers, hotels, hospitals, offices,
  restaurants, garages, and stores. Moreover, in
  2018, the government of Germany announced its
  plan to construct around 1.5 million housing
  units by 2021. Furthermore, growing commercial
  sector, increasing disposable income, and
  changing trends in home furnishing and lifestyle
  are factors that are expected to increase demand
  for tiles and in turn drive growth of the
  electric tile cutter market over the forecast
  period in this region. Key players are focusing
  on various strategies such as new product
  launches, in order to expand their geographical
  presence. For instance, in February 2018, GERMANS
  BOADA SA (RUBI UK LTD.), a Europe-based
  manufacturer and distributor of cutting equipment
  and tools, announced the launch of its RUBI
  DU-200 EVO 850 Electric Cutter, which is designed
  for renovation and light work. Such factors are
  expected to increase demand for electric tile
  cutters in Europe during the forecast period.

7

• Household segment is expected to witness highest
  growth rate in the electric tile cutter market
  during the forecast period
• Household segment is projected to exhibit CAGR of
  5.8 over the forecast period. Electric tile
  cutters are designed to cut tiles according to
  the area of the household such as kitchens,
  bathrooms, and galleries among others, where the
  tiles are to be fitted. By using electric tile
  cutters, it is easier to cut tiles in a
  particular shape and size suitable for walls and
  floors. Tiles are an important part of the home
  interior, and consumers preference for different
  types of tiles can vary depending on the
  household area such as kitchen, bathroom,
  flooring, walls, and backsplashes. For instance,
  there are various types of tiles that are
  specifically used for kitchen floors, kitchen
  walls, and kitchen counters such as tiles made
  from stone, ceramic, quarry, cork, porcelain,
  glass, vinyl, and bamboo. Glass tiles are mostly
  useful for backsplashes. Ceramic, porcelain, and
  quarry tiles are commonly used for counters and
  floors.

8
Figure2 Global Electric Tile Cutter Market Value
(US Mn) Analysis and Forecast, by Household
(2017-2027)
9
Global Electric Tile Cutter Market Key Players

• Major players operating in the global electric
  tile cutter market include iQ Power Tools,
  GERMANS BOADA SA (RUBI UK LTD.), Brevetti
  Montolit S.p.A., Norcros plc, Q.E.P. Co., Inc.
  (Vitrex), Jack Sealey Ltd., Laptronix, CORTAG,
  and DEWALT.

10

• Request Sample Report
• Request Customization
• Download PDF Brochure
• Talk to Analyst
• Reference https//www.coherentmarketinsights.com
  /market-insight/electric-tile-cutter-market-3033

11
About Us

• Coherent Market Insights is a global market
  intelligence and consulting organization focused
  on assisting our plethora of clients achieve
  transformational growth by helping them make
  critical business decisions.
• What we provide
• Customized Market Research Services
• Industry Analysis Services
• Business Consulting Services
• Market Intelligence Services
• Long term Engagement Model
• Country Specific Analysis

12
Contact Us

• Mr. Shah
• Coherent Market Insights Pvt.Ltd.
• Address 1001 4th Ave, 3200 Seattle, WA 98154,
  U.S.
• Phone [phone]
• Email sales_at_coherentmarketinsights.com

13

• Thank You!
• Kindly follow CMI Social Media Profiles
  for the latest company updates
• Facebook
• Linkedin
• Twitter
• https//www.coherentmarketinsights.com/