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North America Bi-Metal and Carbide Tipped Band Saw Blades Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Carbide Tipped and High-Speed Steel), Application (Steel, Aluminium, Cast Iron, Non-Ferrous Material, and Others), and End Use Industry (Automotive, Aerospace & Defense, Machine Manufacturing, and Others)

April 2023 | 103 pages | ID: N33AC230C407EN
The Insight Partners

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The North America bi- metal and carbide tipped band saw blades market is expected to grow from US$ 327.12 million in 2022 to US$ 410.50 million by 2028. It is estimated to grow at a CAGR of 3.9% from 2022 to 2028.

Cost-Effectiveness of Tools that Enable High-Performance In-House Metal Sawing fuels the North America Bi-metal and Carbide Tipped Band Saw Blades Market

Bi-metal blades are used on band saws to cut carbon steel, tool steel, structural steel, stainless steel, pipes and tubes, die steel, angles and flat stock, and mixed metal components. They are composed of two different metals. The bi-metal teeth have superior strength that can retain the blade's edge while cutting, thus allowing for maximum flexibility without sacrificing resilience or durability. The blade back is made up of flexible spring steel, which allows the bending of the blade. The teeth of blade are machined into a high-speed steel wire that is welded to the blade back using an electronic beam. The bi-metal and carbide tipped band saw blades are more robust than carbon blades, which results in a considerably longer blade life and high-performance sawing. The fabrication and metalworking industries require band saw blades that will last longer and produce cuts of a higher quality. The bi-metal and carbide tipped band saw blades helps minimize the cost per cut, alongside ensuring a greater productivity. Moreover, due to the high cost of outsourcing manufacturing processes, many manufacturers and industrial operators are looking for more cost-effective and efficient ways to saw metals in their own facilities. The introduction of band sawing tools, such as bi-metal and carbide tipped band saw blades, having greater availability and control is providing viability to companies’ abilities to cut their own metal in-house. These blades help manufacturers lower their overall operating costs by eliminating the need of outsourcing metal cutting jobs, further enhancing production efficiency by ensuring work completion within the given timeframe. Thus, bi-metal and carbide tipped band saw blades are emerging as cost-effective cutting tools that deliver high-performance metal sawing and improve production efficiency, thereby minimizing the overall cost of production in automotive, aerospace, and metal components’ manufacturing facilities, which is driving the growth of the North America bi-metal and carbide tipped band saw blades market.

North America Bi-metal and Carbide Tipped Band Saw Blades Market Overview

North America comprises countries such as the US, Canada, and Mexico. There have been many growth opportunities for the bi-metal and carbide tipped band saw blades market in North America due to the presence of major market players operating in the region, along with continuous enhancements of the overall business processes. According to The International Trade Administration (ITA), the US is one of the largest automotive markets in the world. In 2018, the light vehicle sales in the US reached 17.2 million units, which is the fourth straight year in which the sales have reached or surpassed 17 million units. In 2019, North America's commercial vehicle production expanded by 3.6%. Further, there is a higher demand and production for large engine capacity vehicles in this region, such as extended cabs. In this region, the automotive market is inclined toward light trucks and SUVs, owing to better traction provided by such vehicles in changing weather conditions and off-road capabilities. Also, light commercial vehicle production in North America is increasing. Thus, the growing automotive sector in the region has increased the usage of bi-metal and carbide tipped band saw blades in the automotive industry. Bi-metal band saw combines an excellent alloy steel backing, which permits maximum loading with a very high-quality high-speed steel (M51) cutting edge. This blade offers excellent performance both in cutting and penetration on automatic and semiautomatic machines. However, due to the COVID-19 pandemic, the automotive industry has been negatively impacted. The industry is expected to recover and become stable in the next few years, which would drive the bi-metal and carbide tipped band saw blades market in North America.

North America Bi-metal and Carbide Tipped Band Saw Blades Market Revenue and Forecast to 2028 (US$ Million)

North America Bi-metal and Carbide Tipped Band Saw Blades Market Segmentation

The North America bi- metal and carbide tipped band saw blades market is segmented into product type, application, end use industry, and country.

Based on product type, the North America bi- metal and carbide tipped band saw blades market is segmented into carbide tipped and high-speed steel. The high-speed steel segment held a larger share of the North America bi- metal and carbide tipped band saw blades market in 2022.

Based on application, the North America bi- metal and carbide tipped band saw blades market is segmented into steel, aluminium, cast iron, non-ferrous material, and others. The steel segment held the largest share of the North America bi- metal and carbide tipped band saw blades market in 2022.

Based on end use industry, the North America bi- metal and carbide tipped band saw blades market is segmented into automotive, aerospace & defense, machine manufacturing, and others. The machine manufacturing segment held the largest share of the North America bi- metal and carbide tipped band saw blades market in 2022.

Based on country, the North America bi- metal and carbide tipped band saw blades market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America bi- metal and carbide tipped band saw blades market in 2022.

AMADA MACHINERY CO., LTD.; BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD; EBERLE; Gebr. Lennartz GmbH & Co. KG; ROBERT RЦNTGEN GMBH & CO. KG; Starrett; and WIKUS are the leading companies operating in the North America bi- metal and carbide tipped band saw blades market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. NORTH AMERICA BI-METAL AND CARBIDE TIPPED BAND SAW BLADES MARKET LANDSCAPE

4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. NORTH AMERICA BI-METAL AND CARBIDE TIPPED BAND SAW BLADES MARKET – KEY MARKET DYNAMICS

5.1 Market Drivers
5.1.1 Cost-Effectiveness of Tools that Enable High-Performance In-House Metal Sawing
5.1.2 Rising Demand from Various End-User Industries
5.2 Market Restraint
5.2.1 High Cost of Maintenance Required for Bi-Metal and Carbide Tipped Band Saw Blades
5.3 Market Opportunities
5.3.1 Development of Innovative Products
5.4 Trends
5.4.1 Customization of Band Saw Blade Products
5.5 Impact Analysis of Drivers and Restraint

6. BI-METAL AND CARBIDE TIPPED BAND SAW BLADES – NORTH AMERICA MARKET ANALYSIS

6.1 North America Bi-Metal and Carbide Tipped Band Saw Blades Market Overview
6.2 North America Bi-Metal and Carbide Tipped Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)

7. NORTH AMERICA BI-METAL AND CARBIDE TIPPED BAND SAW BLADES MARKET ANALYSIS – BY PRODUCT TYPE

7.1 Overview
7.2 North America Bi-Metal and Carbide Tipped Band Saw Blades Market, By Product Type (2021 and 2028)
7.3 Carbide Tipped
7.3.1 Overview
7.3.2 Carbide Tipped: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
7.4 High Speed Steel
7.4.1 Overview
7.4.2 High Speed Steel: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)

8. NORTH AMERICA BI-METAL AND CARBIDE TIPPED BAND SAW BLADES MARKET ANALYSIS – BY APPLICATION

8.1 Overview
8.2 North America Bi-Metal and Carbide Tipped Band Saw Blades Market, By Application (2021 and 2028)
8.3 Steel
8.3.1 Overview
8.3.2 Steel: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Aluminium
8.4.1 Overview
8.4.2 Aluminium: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Cast Iron
8.5.1 Overview
8.5.2 Cast Iron: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Non-Ferrous Material
8.6.1 Overview
8.6.2 Non-Ferrous Material: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)

9. NORTH AMERICA BI-METAL AND CARBIDE TIPPED BAND SAW BLADES MARKET ANALYSIS – BY END-USE INDUSTRY

9.1 Overview
9.2 North America Bi-Metal and Carbide Tipped Band Saw Blades Market, By End-Use Industry (2021 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Aerospace & Defense
9.4.1 Overview
9.4.2 Aerospace & Defense: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Machine Manufacturing
9.5.1 Overview
9.5.2 Machine Manufacturing: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)

10. NORTH AMERICA BI-METAL AND CARBIDE TIPPED BAND SAW BLADES MARKET – COUNTRY ANALYSIS

10.1 Overview
10.1.1 North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Key Country
10.1.1.1 US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1.1 US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Product Type
10.1.1.1.1.2 US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Application
10.1.1.1.1.3 US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by End-Use Industry
10.1.1.2 Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1.1 Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Product Type
10.1.1.2.1.2 Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Application
10.1.1.2.1.3 Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by End-Use Industry
10.1.1.3 Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1.1 Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Product Type
10.1.1.3.1.2 Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Application
10.1.1.3.1.3 Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by End-Use Industry

11. INDUSTRY LANDSCAPE

11.1 Overview
11.2 Market Initiatives
11.3 New Product Development

12. COMPANY PROFILES

12.1 BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 EBERLE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 WIKUS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Starrett
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AMADA MACHINERY CO., LTD.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 ROBERT RЦNTGEN GMBH & CO. KG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Gebr. Lennartz GmbH & Co. KG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments

13. APPENDIX

13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES

Table 1. North America Bi-Metal and Carbide Tipped Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of Terms, North America Bi-Metal and Carbide Tipped Band Saw Blades Market

LIST OF FIGURES

Figure 1. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Segmentation
Figure 2. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Segmentation – By Country
Figure 3. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Overview
Figure 4. Machine Manufacturing Segment Held the Largest Share of North America Bi-Metal and Carbide Tipped Band Saw Blades Market
Figure 5. US Held Largest Share of North America Bi-Metal and Carbide Tipped Band Saw Blades Market
Figure 6. Porter ‘s Five Forces Analysis for North America Bi-Metal and Carbide Tipped Band Saw Blades Market
Figure 7. North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Ecosystem Analysis
Figure 8. Expert Opinions
Figure 9. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Impact Analysis of Drivers and Restraints
Figure 10. North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Revenue Share, by Product Type (2021 and 2028)
Figure 12. Carbide Tipped: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. High Speed Steel : North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Revenue Share, by Application (2021 and 2028)
Figure 15. Steel: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Aluminum: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Cast Iron: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Non-Ferrous Material: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Others: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Revenue Share, by End-Use Industry (2021 and 2028)
Figure 21. Automotive: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Aerospace & Defense: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Machine Manufacturing: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Others: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. North America Bi-Metal and Carbide Tipped Band Saw Blades Market, by Key Country– Revenue (2021) (US$ Million)
Figure 26. North America Bi-Metal and Carbide Tipped Band Saw Blades Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. US: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: North America Bi-Metal and Carbide Tipped Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)


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