- In October 2024, Festool has launched limited-edition combo kits and new accessories to expand its product range. These additions include versatile, durable tools designed to meet the needs of professionals in woodworking and construction, focusing on improving performance, precision, and efficiency
- In May 2023, Stanley Black and Decker's DEWALT brand introduced its new 20V MAX* XR® brushless cordless rivet tools. These powerful, lightweight tools feature tool-free nose piece changes for enhanced user convenience, making them ideal for applications in prefabrication, assembly, automotive, HVAC, and roofing
- In November 2023, Trex Company announced several new products, including a complete range of fasteners through a collaboration with Phillips Screw Company. The expanded Trex Hideaway Fastener Collection introduces over 120 new SKUs, designed to improve installation efficiency and aesthetics. In addition, the launch of Trex Signature decking, featuring a proprietary shell formulation, sets a new standard in luxury and authenticity for composite decking
- In April 2023, Kanefusa Corporation showcased its innovative tools at the EMO Exhibition, including the Max cold saw blade and a super fine pitch PCD face mill, highlighting its commitment to advancing tool technology for various industries
Frequently Asked Questions
The market is segmented based on Segmentation, By Tool Type (Rabbeting Bits, Door/Window Making Router Bits, Flush Trim Router Bits, Edge Making Router Bits, Grooving Router Bits, Slot Making Router Bits, Spiral Router Bits, Straight Router Bits, and Others), Shank Size (1/2", 1/4", 3/8", 3/4", 5/8", and 5/16"), Operation (Jointing and Rebating, Cutting, and Grooving), Material (High-Speed Steel, Carbide, and Others) – Industry Trends and Forecast to 2032
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The Global Woodworking Router Bits Market size was valued at USD 3.55 USD Billion in 2024.
The Global Woodworking Router Bits Market is projected to grow at a CAGR of 5.05% during the forecast period of 2025 to 2032.
The major players operating in the market include Atlas Copco AB, Stanley Black & DeckerInc., Snap-on Incorporated, Emerson Electric Co., Festool GmbH, KYOCERA Corporation, Ingersoll Rand, Makita Corporation, Robert Bosch GmbH, Koki Holdings Co.Ltd., Hilti AG, Husqvarna AB, Panasonic Corporation, Techtronic Industries Co. Ltd., Apex Tool GroupLLC, INTERSKOL, Ferm International B.V., 3M, Delta Power Equipment Corporation, and C. & E. Fein GmbH.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
