In 2023, imports of hand-held saws with self-contained electric motors to the US stood at approximately 64 million kilograms. The forecasted data suggests a gradual increase in imports from 2024 through 2028. Year-on-year variations indicate steady growth, with imports projected to rise from 65.586 million kilograms in 2024 to 71.828 million kilograms by 2028. This suggests an overall positive trend driven by demand.
Key figures:
- Projected 2025 imports: 67.194 million kilograms, a 2.45% increase from 2024.
- Expected growth for 2026: 68.77 million kilograms, a 2.34% rise from 2025.
- For 2027, growth continues to 70.315 million kilograms, a 2.24% rise.
- Imports are expected to reach 71.828 million kilograms in 2028, a 2.15% increase.
The Compound Annual Growth Rate (CAGR) over five years from 2024 to 2028 is approximately 2.23%. This consistent growth pattern illustrates a healthy and increasing demand for handheld electric saws in the US market.
Future trends to watch include technological advancements in electric motor efficiency and battery life, which could impact growth rates. Additionally, shifts in construction activities and DIY trends may further influence import demands.
