Market Overview
Rebar cutting tool is an equipment that is used for the purpose of cutting steel bars. These cutting tools are typically of two types, namely semi-automatic steel cutting machines and automatic steel bar cutting machines. It is said to be one of the most indispensable equipment when it comes to steel bar processing. These tools are most commonly used for the fixed length cutting of various different steel bars in bridges, buildings, tunnels, large water conservancy projects, power stations, and more. Compared to other kinds of cutting equipment, these rebar cutting tools boast the characteristics line weight, it is reliable in operation, ensures optimal level of efficiency, and consumes less energy.
All these reasons have driven the usage and demand for these tools across the globe and increasingly led to its adoption by a number of mechanical processing and small rolling mills. The report published on the global rebar cutting tools market revealed the growth to be at a notable pace. The valuation of the rebar cutting tools market was further stated to surpass its previous valuation.
Key Players
Bosch
Hitachi
MCC USA Inc
Diamond Products
TOYO KENSETSU KOHKI CO
Fascut
Iwiss
Rothenberger
BN Products
JET Tools
ICS Cutting Tools
Ma’anshan Chende Machinery Technology
KW-hydraulic
Innovative Cutting Tool Solutions
GENSCO
Zhongshen Construction Engineering Machinery Co., Ltd.
Tianjin Yinfneg Machinery Co.,Ltd
China Coal
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Market Segmentation
The global rebar cutting tools market has been segmented in terms of type and applications.
By type, the market divides into hydraulic and electric.
By application, the market includes industry field, construction, bridge, and others.
Regional Analysis
The global rebar cutting tools market is geographically distributed across the following key regions: Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa. The regional market in the North America for rebar cutting tools is one of the most profitable geographies in the globe. The market herein is slated to grow even further in the coming years with increasing preference of mechanical equipment over manual labor. The need to save time and ensure efficiency is one of the key driving factors influencing a positive demand for these cutting tools in the North American regional market. The growth of the market is expected to rise also due to the increasing number of construction activities across the world. The rising construction-based activities has prompted the need for a fitting and fast-paced solution, one that is duly fulfilled by these rebar cutting tools.
Industry Buzz
March 2019, Makita introduced its first ever cordless rebar tying tool and it enables fast and effective application of the rebar tie wire and sidelines the need for manual action. This all new DTR180ZK Rebar Tying tool is compatible with Lithium-Ion batteries of both 14.4V and 18V. It is powered by a brushless motor, so as to increase its power and ensure extended runtime.
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Table Of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Market Competition, by Players
4 Global Market Size by Regions
5 North America Revenue by Countries
6 Europe Revenue by Countries
7 Asia-Pacific Revenue by Countries
8 South America Revenue by Countries
9 Middle East and Africa Revenue by Countries
10 Global Market Segment by Type
11 Global Market Segment by Application
12 Global Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
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