Bi-Metal Band Saw Market Size and Forecast 2021 - 2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Blade Type, Application, End User, and Geography
The Bi-Metal Band Saw market size is expected to reach US$ 1.72 billion by 2031 from 1.25 billion in 2024, at an estimated CAGR of 4.9% from 2025 to 2031.
By Geography the Bi-Metal Band Saw market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. In 2024, The Asia Pacific bi-metal band saw market is segmented into Australia, India, China, Japan, South Korea, and the rest of Asia Pacific. China, India, and Japan are key manufacturing hubs, with rising demand for cutting tools in industries such as automotive, construction, aerospace, and heavy equipment. The expansion in manufacturing operations necessitates the use of more efficient cutting instruments. Australia has a mature automotive market, with only moderate future growth projected. According to the International Trade Administration (ITA), in 2022, Australia ranked 16th among the largest markets for overall US exports. It was the sixth-largest export market for automotive parts produced in the US and the ninth-largest export market for new light automobiles (in terms of value and units). In 2022, new car sales in Australia reached 1.081 million units. SUV sales accounted for ~53.1% of the total sales, followed by light commercial vehicles (23.7%), passenger cars (18.8%), and heavy commercial vehicles (4.4%). The flourishing automobile manufacturing industry fuels the demand for bi-metal band saws in the country, which can efficiently cut high-strength metals, improve precision, and lower production costs for complicated car components.
The Bi-Metal Band Saw market analysis has been carried out by considering the following segments: Blade Type, Application, and End User.
Based on blade type, the market is bifurcated into below M71, M42, M51, and others. M42 blades are recognized for their 8% cobalt content, which enhances their hardness, wear resistance, and heat resistance. These blades excel at cutting challenging materials such as stainless steel, tool steel, and nickel-based alloys. M42 blades are ideal for applications involving interrupted cuts, tough workpieces, or high-temperature conditions. The bi-metal M42 band saw blades are highly durable and are ideal for both ferrous and nonferrous metals. Featuring a hardness of 67 HRC (i.e., Rockwell Scale) and an 8% cobalt tip, the M42 blade ensures exceptional longevity and precision, even in the most demanding sawing tasks. Available in a width range of 6-34 mm, these blades offer versatile compatibility with a wide range of machines.
Moreover, factor such as expansion of industrial and manufacturing sector and superior performance and versatility of bi-metal band saw blades propel the Bi-Metal Band Saw market growth. Also, technological advancements and product improvements is expected to bring new Bi-Metal Band Saw market trends in the coming years.
On the basis of application, the market is segmented into steel, wood, aluminum, cast iron, nonferrous material, and others. Bi-metal bandsaws are commonly utilized in steel cutting due to their unique construction and performance benefits. They are prominently employed in applications that involve cutting different steel types, and in industrial and workshop settings. These bi-metal band saws are suitable for the continuous sawing of structural steel, weathering steel, alloy steel, bearing steel, stainless steel, heat-resistant steel, aluminum alloys, and die steel. These blades come in some common widths, including 1/2 inch, 3/4 inch, and 1 inch. The tooth pitch varies depending on the blade and application, and the common options are 10 teeth per inch (TPI) and 14 TPI. Further, the blade lengths of options for steel cutting applications include 44-7/8 inches, 56-7/8 inches, and 64-1/2 inches.
Amada Machine Tools, Co., Ltd.; Bahco; Benxi Tools Group; Bichamp Cutting Technology Co (Hunan), Ltd.; Dalian Special Steel Products Co., Ltd.; Eberle; Lennartz; Lenox; Starrett; Wikus-s; M.K. Morse Company; and Dakin-Flathers Ltd. are among the key players profiled in the Bi-Metal Band Saw market report.
The Bi-Metal Band Saw market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Bi-Metal Band Saw market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Bi-Metal Band Saw market.
Table Of Contents
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Bi-Metal Band Saw Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. Bi-Metal Band Saw Market - Key Market Dynamics
5.1 Bi-Metal Band Saw Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Expansion of Industrial and Manufacturing Sector
5.2.2 Superior Performance and Versatility of Bi-Metal Band Saw Blades
5.3 Market Restraints
5.3.1 Fluctuations in Raw Material Prices
5.4 Market Opportunities
5.4.1 Focus on Enhanced Reliability, Operational Efficiency, and Sustainability of Blades
5.5 Future Trends
5.5.1 Technological Advancements and Product Improvements
5.6 Impact of Drivers and Restraints:
6. Bi-Metal Band Saw Market - Global Market Analysis
6.1 Bi-Metal Band Saw Market Revenue (US$ Million), 2021-2031
6.2 Bi-Metal Band Saw Market Forecast Analysis
7. Bi-Metal Band Saw Market Analysis - by Blade Type
7.1 M42
7.1.1 Overview
7.1.2 M42: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
7.2 M51
7.2.1 Overview
7.2.2 M51: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
7.3 M71
7.3.1 Overview
7.3.2 M71: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
8. Bi-Metal Band Saw Market Analysis - by Application
8.1 Steel
8.1.1 Overview
8.1.2 Steel: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Aluminum
8.2.1 Overview
8.2.2 Aluminum: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Non Ferrous Material
8.3.1 Overview
8.3.2 Non Ferrous Material: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Cast Iron
8.4.1 Overview
8.4.2 Cast Iron: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Wood
8.5.1 Overview
8.5.2 Wood: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
9. Bi-Metal Band Saw Market Analysis - by End User
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Aerospace and Defense
9.2.1 Overview
9.2.2 Aerospace and Defense: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Machine Manufacturing
9.3.1 Overview
9.3.2 Machine Manufacturing: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Bi-Metal Band Saw Market - Revenue and Forecast to 2031 (US$ Million)
10. Bi-Metal Band Saw Market - Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Bi-Metal Band Saw Market Overview
10.2.2 North America: Bi-Metal Band Saw Market - Revenue, 2021 - 2031 (US$ Million)
10.2.3 North America: Bi-Metal Band Saw Market Breakdown, by Blade Type
10.2.3.1 North America: Bi-Metal Band Saw Market- Revenue and Forecast Analysis - by Blade Type
10.2.4 North America: Bi-Metal Band Saw Market Breakdown, by Application
10.2.4.1 North America: Bi-Metal Band Saw Market- Revenue and Forecast Analysis - by Application
10.2.5 North America: Bi-Metal Band Saw Market Breakdown, by End User
10.2.5.1 North America: Bi-Metal Band Saw Market- Revenue and Forecast Analysis - by End User
10.2.6 North America: Bi-Metal Band Saw Market - Revenue and Forecast Analysis - by Country
10.2.6.1 North America: Bi-Metal Band Saw Market - Revenue and Forecast Analysis - by Country
10.2.6.2 United States: Bi-Metal Band Saw Market - Revenue, 2021 - 2031 (US$ Million)
10.2.6.2.1 United States: Bi-Metal Band Saw Market Breakdown, by Blade Type
10.2.6.2.2 United States: Bi-Metal Band Saw Market Breakdown, by Application
10.2.6.2.3 United States: Bi-Metal Band Saw Market Breakdown, by End User