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Power Cutter Market Size to Reach Revenues of over USD 7 Billion by 2025 - AriztonCHICAGO, Oct. 21, 2020 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global power cutter market report. The global power cutter market size is expected to grow at a CAGR of over 5% during the period 2019-2025. Key Highlights Offered in the Report: The global power cutter market would realize an incremental growth of around $2 billion in revenue between 2019 and 2025.
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Get your sample today! https://www.arizton.com/market-reports/power-cutter-market-size-analysis Power Cutter Market – Segmentation
Power Cutter Market by Fuel Type
Power Cutter Market by Ring Cutter
Power Cutter Market – Dynamics The demand for cutting equipment is predicted to see a steady development in the next five years. Rising pressure on the global manufacturing industry to raise the level of production and retain quality levels needs efficient cutting tools. The global demand for metal cutting tools is forecast to increase because of growth that is driven by the recovery in key manufacturing industries in developed countries. After the first industrial revolution in the late 18th century, a few European countries and the US have kept the manufacturing market heavily regulated. Traditionally, these countries have tremendous influence over vital commodities across the world and were best positioned to encourage economic growth and accelerate creativity through developments in manufacturing technology, materials, and end-user solutions. Key Drivers and Trends fueling Market Growth:
Power Cutter Market – Geography North America was the largest market for power cutters comprising of over 29% of the market revenue share in 2019. The presence of large-scale industries such as automobiles, construction, electronics, and aerospace are driving the market for Li-ion operated power tools in the region. Furthermore, the DIY culture is highly predominant in American society. Moreover, the home improvement market in North America was valued at $465 billion in 2019. With the rise in green building regulations, the rising cost of manual labor, high disposable income and rise in immigration rates, the demand for the power cutters are expected to witness a surge during the forecast period. Get your sample today! https://www.arizton.com/market-reports/power-cutter-market-size-analysis Power Cutter Market by Geography
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Call: +1-312-235-2040
View original content:http://www.prnewswire.com/news-releases/power-cutter-market-size-to-reach-revenues-of-over-usd-7-billion-by-2025--arizton-301156896.html SOURCE Arizton Advisory & Intelligence |