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STRICTLY PRIVATE AND CONFIDENTIAL
17
Twincutters applicable market
Our goal is to become a leading supplier of cutting tools for the
professional market
–
as the Twincutter system is more efficient and user-friendly
than the standard single blade technology, the Company
see great potential to build a significant market share in
both the professional and consumer market
The global market for electric saws has grown by 88% since
2005, estimated to generate an annual turnover of US$ 3.4bn
in 2015*
Electric saws constitutes approximately 12% of the market for
power tools
0
500
1000
1500
2000
2500
3000
3500
4000
2005
2010
2015
Global electric sawmarket (US$ millions)
Source: Freedonia
Source: Freedonia