Circular Sawing Machine Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-10-19 Pages: 100
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Circular Sawing Machine Market Summary

Market Overview
The global market for circular sawing machines, which are essential tools in cutting wood, metals, plastics, and other materials, is experiencing steady growth due to the increasing demand in industries like construction, woodworking, and manufacturing. Circular saws are used for precise, high-efficiency cutting and are essential in various applications including the production of wooden products, construction, and large-scale manufacturing processes. These machines are available in two primary types: corded and cordless. Corded models offer continuous power for prolonged tasks, while cordless models provide enhanced mobility and convenience for professionals working on-site.

The demand for circular saws is closely tied to construction activities and the booming residential and commercial construction industries, particularly in developing economies. Additionally, the growing trend of DIY home improvement projects has increased the use of circular saws for residential purposes. Innovations in battery technologies, especially for cordless models, and improvements in cutting capacities and speeds have made circular saws even more versatile and efficient.

Market Size
The circular sawing machine market is expected to grow from USD 1.3 billion in 2024 to USD 2.1 billion by 2030. The CAGR for this market is projected to be in the range of 6.0% to 8.5%, driven by demand from both the construction and woodworking industries, particularly with the ongoing boom in residential and commercial building projects.

Market Share & Trends Analysis
The market for circular sawing machines is driven by several key trends, including:

Increasing Construction Activities: The global construction industry, particularly in emerging markets like China, India, and Southeast Asia, is fueling the demand for circular saws, especially for large-scale construction projects.
Technological Advancements: The evolution of cordless circular saws, especially with the introduction of high-capacity batteries such as Makita’s 40V max XGT®, is expected to significantly increase the popularity of cordless models in both professional and residential settings.
Durability and Versatility: Circular saws that are capable of cutting through various materials, including wood, plastic, metal, and masonry, are expected to see rising demand due to their versatility in different industrial applications.
Shift to Cordless Models: As battery technologies improve, cordless circular saws are becoming increasingly popular, offering greater flexibility and mobility compared to traditional corded models.

Segment Forecasts

By Application
● Construction: Circular saws are extensively used in construction for cutting through materials like wood, concrete, and metal. The market for circular saws in the construction sector is projected to grow at a CAGR of 6.5% to 8.0%, driven by the increasing number of construction projects worldwide.
● Wooden Products: The woodworking industry, including furniture manufacturing and timber processing, requires circular saws for cutting wood into precise dimensions. This sector is expected to grow at a CAGR of 6.0% to 7.0%, as demand for wood products continues to rise globally.

By Type
● Corded: Corded circular saws remain popular in industries that require sustained power for long periods of operation. The segment is expected to grow at a steady rate of 5.5% to 6.5% due to their durability and the preference of professionals for consistent, uninterrupted power.
● Cordless: The rise of cordless circular saws, particularly those with advanced battery technology, is anticipated to drive growth in the segment. The CAGR for cordless saws is expected to be between 7.0% and 8.5%, owing to their mobility, ease of use, and the rise of battery-powered equipment.

Regional Market Distribution and Geographic Trends
● North America: North America remains one of the largest markets for circular saws, driven by a strong construction industry in the U.S. and Canada. The region's market is projected to grow at a CAGR of 6.0% to 7.5%, fueled by increasing demand for both corded and cordless circular saws in construction and woodworking.
● Europe: Europe, particularly countries like Germany, France, and the U.K., is another major market for circular saws. The demand in Europe is expected to grow at a CAGR of 5.5% to 6.5%, largely driven by the continued expansion of the construction industry.
● Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth, with a projected CAGR of 7.5% to 9.0%. Countries like China, India, and Japan are seeing an increase in construction projects and woodworking activities, which are driving the demand for circular saws.
● Latin America: The Latin American market is experiencing moderate growth, particularly in Brazil and Mexico. The CAGR for the region is estimated to be between 5.5% and 6.5%.
● Middle East & Africa: The Middle East and Africa are expected to see steady growth in demand for circular saws due to ongoing construction projects, especially in the UAE and Saudi Arabia. The expected CAGR is 6.0% to 7.0%.

Key Market Players and Competitive Landscape
● Bosch: A leading manufacturer of power tools, Bosch provides a wide range of circular saws that are known for their performance and reliability. The company continues to innovate with both corded and cordless saws, catering to both professional contractors and DIY enthusiasts.
● Makita: Makita is a major player in the circular saw market, offering a wide range of tools, including the world’s largest cordless circular saw, the 40V max XGT® 16-5/16” Circular Saw. Makita’s focus on powerful, fast-charging battery technology positions it as a leader in the cordless circular saw segment.
● Dewalt: Known for its rugged power tools, Dewalt’s circular saws are favored by professionals for their durability and precision. Dewalt continues to expand its product portfolio with innovations aimed at improving user experience.
● Ryobi: Ryobi produces affordable circular saws that are popular among DIYers and homeowners. The company’s focus on affordability and ease of use helps maintain its position in the growing consumer segment.
● Milwaukee: Milwaukee is a leading brand in the power tool market, known for high-performance circular saws, especially in the cordless category. Milwaukee focuses on delivering advanced features like better battery life and improved ergonomics.

Downstream Processing and Application Integration
● Advances in Battery Technology: As battery technology improves, especially in cordless circular saws, the market is witnessing a shift towards higher capacity, faster-charging, and longer-lasting batteries. This is enhancing the performance and usability of cordless models, making them a viable alternative to corded saws in professional applications.
● Integration with Smart Tools: As part of the Industry 4.0 trend, some circular saws are now integrating with smart tools and IoT systems, offering real-time monitoring and diagnostics to improve performance, efficiency, and safety on job sites.

Challenges
● Price Sensitivity: Price remains a significant factor, especially in developing markets where cost-conscious consumers may opt for more affordable models. This could limit the growth of premium cordless models in these regions.
● Supply Chain Disruptions: Ongoing global supply chain disruptions, particularly in raw materials like steel and electronics, may impact the production of circular saws, especially those requiring advanced batteries or other high-tech components.
● Impact of Tariffs: Tariffs imposed on power tools and components, especially by the U.S. government under former President Donald Trump's administration, may lead to increased prices for circular saws, particularly those imported from countries like China. This could impact the pricing structure in key markets like North America and Europe.

Recent Market Developments

9/12/2025: Sharp Tool, based in Massachusetts, acquires Forrest Manufacturing, a high-quality saw blade manufacturer, strengthening its position in the market and expanding its product offerings.
May 5, 2025: Makita U.S.A. introduces the world’s largest cordless circular saw, the 40V max XGT® 16-5/16” Circular Saw, marking a significant innovation in cordless saw technology and offering a viable alternative to corded models.
December 5, 2024: Burton Mill Solutions acquires Menominee Saw & Supply, enhancing its reach and technical capabilities in industrial cutting tools for the woodworking sector.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Circular Sawing Machine Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Circular Sawing Machine by Region
8.2 Import of Circular Sawing Machine by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Circular Sawing Machine Market in North America (2020-2030)
9.1 Circular Sawing Machine Market Size
9.2 Circular Sawing Machine Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Circular Sawing Machine Market in South America (2020-2030)
10.1 Circular Sawing Machine Market Size
10.2 Circular Sawing Machine Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Circular Sawing Machine Market in Asia & Pacific (2020-2030)
11.1 Circular Sawing Machine Market Size
11.2 Circular Sawing Machine Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 india
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Circular Sawing Machine Market in Europe (2020-2030)
12.1 Circular Sawing Machine Market Size
12.2 Circular Sawing Machine Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Circular Sawing Machine Market in MEA (2020-2030)
13.1 Circular Sawing Machine Market Size
13.2 Circular Sawing Machine Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Circular Sawing Machine Market (2020-2025)
14.1 Circular Sawing Machine Market Size
14.2 Circular Sawing Machine Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Circular Sawing Machine Market Forecast (2025-2030)
15.1 Circular Sawing Machine Market Size Forecast
15.2 Circular Sawing Machine Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Bosch
15.1.1 Company Profile
15.1.2 Main Business and Circular Sawing Machine Information
15.1.3 SWOT Analysis of Bosch
15.1.4 Bosch Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Makita
15.2.1 Company Profile
15.2.2 Main Business and Circular Sawing Machine Information
15.2.3 SWOT Analysis of Makita
15.2.4 Makita Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Dewalt
15.3.1 Company Profile
15.3.2 Main Business and Circular Sawing Machine Information
15.3.3 SWOT Analysis of Dewalt
15.3.4 Dewalt Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Ryobi
15.4.1 Company Profile
15.4.2 Main Business and Circular Sawing Machine Information
15.4.3 SWOT Analysis of Ryobi
15.4.4 Ryobi Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Milwaukee
15.5.1 Company Profile
15.5.2 Main Business and Circular Sawing Machine Information
15.5.3 SWOT Analysis of Milwaukee
15.5.4 Milwaukee Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Skil
15.6.1 Company Profile
15.6.2 Main Business and Circular Sawing Machine Information
15.6.3 SWOT Analysis of Skil
15.6.4 Skil Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Ridgid
15.7.1 Company Profile
15.7.2 Main Business and Circular Sawing Machine Information
15.7.3 SWOT Analysis of Ridgid
15.7.4 Ridgid Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Hitachi
15.8.1 Company Profile
15.8.2 Main Business and Circular Sawing Machine Information
15.8.3 SWOT Analysis of Hitachi
15.8.4 Hitachi Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 Rockwell
15.9.1 Company Profile
15.9.2 Main Business and Circular Sawing Machine Information
15.9.3 SWOT Analysis of Rockwell
15.9.4 Rockwell Circular Sawing Machine Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation and Acronyms List
Table Research Scope of Circular Sawing Machine Report
Table Data Sources of Circular Sawing Machine Report
Table Major Assumptions of Circular Sawing Machine Report
Table Circular Sawing Machine Classification
Table Circular Sawing Machine Applications List
Table Drivers of Circular Sawing Machine Market
Table Restraints of Circular Sawing Machine Market
Table Opportunities of Circular Sawing Machine Market
Table Threats of Circular Sawing Machine Market
Table Raw Materials Suppliers List
Table Different Production Methods of Circular Sawing Machine
Table Cost Structure Analysis of Circular Sawing Machine
Table Key End Users List
Table Latest News of Circular Sawing Machine Market
Table Merger and Acquisition List
Table Planned/Future Project of Circular Sawing Machine Market
Table Policy of Circular Sawing Machine Market
Table 2020-2030 Regional Export of Circular Sawing Machine
Table 2020-2030 Regional Import of Circular Sawing Machine
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 North America Circular Sawing Machine Demand List by Application
Table 2020-2025 North America Circular Sawing Machine Key Players Sales List
Table 2020-2025 North America Circular Sawing Machine Key Players Market Share List
Table 2020-2030 North America Circular Sawing Machine Demand List by Type
Table 2020-2025 North America Circular Sawing Machine Price List by Type
Table 2020-2030 United States Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 United States Circular Sawing Machine Import & Export List
Table 2020-2030 Canada Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Canada Circular Sawing Machine Import & Export List
Table 2020-2030 Mexico Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Mexico Circular Sawing Machine Import & Export List
Table 2020-2030 South America Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 South America Circular Sawing Machine Demand List by Application
Table 2020-2025 South America Circular Sawing Machine Key Players Sales List
Table 2020-2025 South America Circular Sawing Machine Key Players Market Share List
Table 2020-2030 South America Circular Sawing Machine Demand List by Type
Table 2020-2025 South America Circular Sawing Machine Price List by Type
Table 2020-2030 Brazil Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Brazil Circular Sawing Machine Import & Export List
Table 2020-2030 Argentina Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Argentina Circular Sawing Machine Import & Export List
Table 2020-2030 Chile Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Chile Circular Sawing Machine Import & Export List
Table 2020-2030 Peru Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Peru Circular Sawing Machine Import & Export List
Table 2020-2030 Asia & Pacific Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Asia & Pacific Circular Sawing Machine Demand List by Application
Table 2020-2025 Asia & Pacific Circular Sawing Machine Key Players Sales List
Table 2020-2025 Asia & Pacific Circular Sawing Machine Key Players Market Share List
Table 2020-2030 Asia & Pacific Circular Sawing Machine Demand List by Type
Table 2020-2025 Asia & Pacific Circular Sawing Machine Price List by Type
Table 2020-2030 China Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 China Circular Sawing Machine Import & Export List
Table 2020-2030 India Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 India Circular Sawing Machine Import & Export List
Table 2020-2030 Japan Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Japan Circular Sawing Machine Import & Export List
Table 2020-2030 South Korea Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 South Korea Circular Sawing Machine Import & Export List
Table 2020-2030 Southeast Asia Circular Sawing Machine Market Size List
Table 2020-2030 Southeast Asia Circular Sawing Machine Market Volume List
Table 2020-2030 Southeast Asia Circular Sawing Machine Import List
Table 2020-2030 Southeast Asia Circular Sawing Machine Export List
Table 2020-2030 Australia Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Australia Circular Sawing Machine Import & Export List
Table 2020-2030 Europe Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Europe Circular Sawing Machine Demand List by Application
Table 2020-2025 Europe Circular Sawing Machine Key Players Sales List
Table 2020-2025 Europe Circular Sawing Machine Key Players Market Share List
Table 2020-2030 Europe Circular Sawing Machine Demand List by Type
Table 2020-2025 Europe Circular Sawing Machine Price List by Type
Table 2020-2030 Germany Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Germany Circular Sawing Machine Import & Export List
Table 2020-2030 France Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 France Circular Sawing Machine Import & Export List
Table 2020-2030 United Kingdom Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 United Kingdom Circular Sawing Machine Import & Export List
Table 2020-2030 Italy Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Italy Circular Sawing Machine Import & Export List
Table 2020-2030 Spain Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Spain Circular Sawing Machine Import & Export List
Table 2020-2030 Belgium Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Belgium Circular Sawing Machine Import & Export List
Table 2020-2030 Netherlands Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Netherlands Circular Sawing Machine Import & Export List
Table 2020-2030 Austria Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Austria Circular Sawing Machine Import & Export List
Table 2020-2030 Poland Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Poland Circular Sawing Machine Import & Export List
Table 2020-2030 Russia Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Russia Circular Sawing Machine Import & Export List
Table 2020-2030 MEA Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 MEA Circular Sawing Machine Demand List by Application
Table 2020-2025 MEA Circular Sawing Machine Key Players Sales List
Table 2020-2025 MEA Circular Sawing Machine Key Players Market Share List
Table 2020-2030 MEA Circular Sawing Machine Demand List by Type
Table 2020-2025 MEA Circular Sawing Machine Price List by Type
Table 2020-2030 Egypt Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Egypt Circular Sawing Machine Import & Export List
Table 2020-2030 Israel Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Israel Circular Sawing Machine Import & Export List
Table 2020-2030 South Africa Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 South Africa Circular Sawing Machine Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Circular Sawing Machine Import & Export List
Table 2020-2030 Turkey Circular Sawing Machine Market Size and Market Volume List
Table 2020-2030 Turkey Circular Sawing Machine Import & Export List
Table 2020-2025 Global Circular Sawing Machine Market Size List by Region
Table 2020-2025 Global Circular Sawing Machine Market Size Share List by Region
Table 2020-2025 Global Circular Sawing Machine Market Volume List by Region
Table 2020-2025 Global Circular Sawing Machine Market Volume Share List by Region
Table 2020-2025 Global Circular Sawing Machine Demand List by Application
Table 2020-2025 Global Circular Sawing Machine Demand Market Share List by Application
Table 2020-2025 Global Circular Sawing Machine Key Vendors Sales List
Table 2020-2025 Global Circular Sawing Machine Key Vendors Sales Share List
Table 2020-2025 Global Circular Sawing Machine Key Vendors Revenue List
Table 2020-2025 Global Circular Sawing Machine Key Vendors Revenue Share List
Table 2020-2025 Global Circular Sawing Machine Demand List by Type
Table 2020-2025 Global Circular Sawing Machine Demand Market Share List by Type
Table 2020-2025 Regional Circular Sawing Machine Price List
Table 2025-2030 Global Circular Sawing Machine Market Size List by Region
Table 2025-2030 Global Circular Sawing Machine Market Size Share List by Region
Table 2025-2030 Global Circular Sawing Machine Market Volume List by Region
Table 2025-2030 Global Circular Sawing Machine Market Volume Share List by Region
Table 2025-2030 Global Circular Sawing Machine Demand List by Application
Table 2025-2030 Global Circular Sawing Machine Demand Market Share List by Application
Table 2025-2030 Global Circular Sawing Machine Key Vendors Sales List
Table 2025-2030 Global Circular Sawing Machine Key Vendors Sales Share List
Table 2025-2030 Global Circular Sawing Machine Key Vendors Revenue List
Table 2025-2030 Global Circular Sawing Machine Key Vendors Revenue Share List
Table 2025-2030 Global Circular Sawing Machine Demand List by Type
Table 2025-2030 Global Circular Sawing Machine Demand Market Share List by Type
Table 2025-2030 Circular Sawing Machine Regional Price List

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Circular Sawing Machine Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Circular Sawing Machine Market Size and CAGR
Figure 2020-2030 North America Circular Sawing Machine Market Volume and CAGR
Figure 2020-2030 South America Circular Sawing Machine Market Size and CAGR
Figure 2020-2030 South America Circular Sawing Machine Market Volume and CAGR
Figure 2020-2030 Asia & Pacific Circular Sawing Machine Market Size and CAGR
Figure 2020-2030 Asia & Pacific Circular Sawing Machine Market Volume and CAGR
Figure 2020-2030 Europe Circular Sawing Machine Market Size and CAGR
Figure 2020-2030 Europe Circular Sawing Machine Market Volume and CAGR
Figure 2020-2030 MEA Circular Sawing Machine Market Size and CAGR
Figure 2020-2030 MEA Circular Sawing Machine Market Volume and CAGR
Figure 2020-2025 Global Circular Sawing Machine Market Volume and Growth Rate
Figure 2020-2025 Global Circular Sawing Machine Market Size and Growth Rate
Figure 2025-2030 Global Circular Sawing Machine Market Volume and Growth Rate
Figure 2025-2030 Global Circular Sawing Machine Market Size and Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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