In 2023, the import of hand-held saws with self-contained electric motors to India reached 12.72 million USD. The forecast from 2024 to 2028 shows a steady growth in the market, starting at 13.08 million USD in 2024 and reaching 14.668 million USD by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.89% over these five years.
Year-on-year growth is observed as follows:
- 2024: 2.83%
- 2025: 3.10%
- 2026: 2.97%
- 2027: 2.83%
- 2028: 2.70%
Future trends to watch for include technological advancements that could increase efficiency and accuracy in saws, potential regulatory changes in import policies, and fluctuations in global and regional supply chains that could impact pricing and availability.
