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Market Growth: The global Power Cutter Market is projected to grow from USD 6.09 billion in 2024 to USD 7.52 billion by 2030, with a CAGR of 3.58%, driven by rising construction projects and advancements in battery technology.
Key Players and Trends: Major companies like DEWALT and Milwaukee Tool are focusing on expanding their cordless offerings, particularly battery-powered models that are eco-friendly and efficient, while ergonomic designs are becoming increasingly important.
Regional Insights: North America holds the largest market share (over 30%), supported by robust infrastructure growth, while the APAC region shows the highest growth rate (4.59%) due to rapid industrialization and urban development.
Challenges and Innovations: The market faces challenges such as high costs of advanced models and environmental concerns related to gas-powered tools; however, innovations in safety features and battery technology are driving product development and adoption.
