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The global electric tile cutter market was valued at US$ 153.9 Mn in 2018 and is expected to exhibit a CAGR of 5.9% over the forecast period to reach US$ 257.3 Mn in 2027. Asia Pacific accounted for the largest revenue share in the global electric tile cutter market in 2018, according to Electric Tile Cutter Market Report
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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
Electric tile cutters are electrically powered equipment that allows precise cutting of ceramic or other type of tiles. These cutters are available in different sizes with a wide range of varieties in its blade designs. The most trending type of blades currently available in the market are circular diamond-tipped, continuous blades, which range in size from 110 mm in diameter and above. Most of the electric tile cutters include a blade cooling system and are available with different motor sizes. The global electric tile cutter market is segmented based on type, application, and region. On the basis of type, the market is studied across wet tile cutters and dry tile cutters. On the basis of application, the market is segmented into residential and commercial. On the basis of region, the global electric tile cutter market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Market Drivers: Technological Advancements in Electric Tile Cutter Rising demand for ceramic tiles as preferred material for floors and wall coverings is expected to increase demand for electric tile cutters, which is compact, lightweight, and affordable, and is available in less mature markets. Therefore, due to increasing demand for compact and advanced tile cutters, manufacturers are adopting innovative technologies to replace the manual tile cutters in the market. For instance, porcelain tiles are the most popular tiles that are widely used in the market and it requires precise and well finished cut, which cannot be achieved using angle grinder or manual tile cutter. Therefore, manufacturers are focused on advancements in technologies by adding features such as multi-point braking system, dust collection technology, angular measurement features, and others for precise and angular cutting of tiles. Therefore, technological advancements in electric tile cutting machines is one of the major factors driving growth of the electric tile cutter market across the globe. For instance, in December 2014, G.M.C. s.r.l., an Italy-based company, set up a CFT project, which is funded by European Union (EU). In this project, G.M.C implemented an innovative technology that replaces the conventional tile cutting machine that produces mud, water, and dust by ultrasound technology that eliminates the need for water, thereby saving energy and water.
Key features of the study: • This report provides in-depth analysis of the electric tile cutter market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2019– 2027), considering 2018 as the base year. • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by leading players. • It profiles leading players in the global electric tile cutter market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies, and future plans.
Key features of the study: • This report provides in-depth analysis of the electric tile cutter market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2019– 2027), considering 2018 as the base year. • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by leading players. • It profiles leading players in the global electric tile cutter market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies, and future plans.
Companies covered as part of this study include iQ Power Tools, GERMANS BOADA SA (RUBI UK LTD.), BrevettiMontolit S.p.A., Norcros plc, Q.E.P. Co., Inc. (Vitrex), Jack Sealey Ltd., Laptronix, CORTAG, and DEWALT. • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding their future product launches, product upgrades, market expansion, and marketing tactics. • The global electric tile cutter market report caters to various stakeholders in the industry, including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts. • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global electric tile cutter market
Europe • By Type: • Wet Tile Cutter • Dry Tile Cutter • By Application: • Wet Tile Cutter • Dry Tile Cutter • By Country: • Germany • Italy • France • Spain • Russia • Rest of Europe • Asia Pacific • By Type: • Wet Tile Cutter • Dry Tile Cutter • Detailed Segmentation: • Global Electric Tile Cutter Market, By Type: • Wet Tile Cutter • Dry Tile Cutter • Global Electric Tile Cutter Market, By Application: • Household • Commercial • Global Electric Tile Cutter Market, By Region: • North America • By Type: • Wet Tile Cutter • Dry Tile Cutter • By Application: • Wet Tile Cutter • Dry Tile Cutter • By Country: • U.S. • Canada
By Application: • Wet Tile Cutter • Dry Tile Cutter • By Country: • China • India • Japan • ASEAN • Australia • South Korea • Rest of Asia Pacific • Latin America • By Type: • Wet Tile Cutter • Dry Tile Cutter • By Application: • Wet Tile Cutter • Dry Tile Cutter • By Country: • Brazil • Mexico • Argentina • Rest of Latin America • Middle East • By Type: • Wet Tile Cutter • Dry Tile Cutter • By Application: • Wet Tile Cutter • Dry Tile Cutter • By Country: • GCC Country • Israel • Rest of the Middle East • Africa • By Type: • Wet Tile Cutter • Dry Tile Cutter • By Application: • Wet Tile Cutter • Dry Tile Cutter • By Sub-region: • South Africa • Rest of Africa
Company Profiles- • Consultancy Companies • IQ Power Tools* • Company Highlights • Key Developments • Product Portfolio • Market Presence • Strategic Presence • GERMANS BOADA SA (RUBI UK LTD.) • BrevettiMontolit S.p.A. • Norcros plc • Q.E.P. Co., Inc. (Vitrex) • Jack Sealey Ltd. • Laptronix • CORTAG • DEWALT
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