At A CAGR Of 4.77% Global Power Tools Market Will Grow During The Period 2017-2021 | Apex Tool Group, Makita, Robert Bosch, Stanley Black & Decker, Techtronic Industries

Researchmoz added Most up-to-date research on "Global Power Tools Market 2017-2021" to its huge collection of research reports.

Power tools are mechanical or electromechanical equipment that draw electricity from an external power source, without the application of manual labor to achieve a specific action. Power tools are commonly used in the construction and manufacturing industries to perform activities such as drilling, sawing, grinding, screwing, and cutting. However, application areas for power tools are diverse and wide, depending on the end-user and the industry. Power tools are used to increase the efficiency of manual operations, thereby increasing worker productivity and saving time. There are also several end-user applications that require the use of customized power tools to perform specific tasks.

Technavios analysts forecast the global power tools market to grow at a CAGR of 4.77% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global power tools market for 2017-2021. To calculate the market size, the report considers the sales revenue.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Power Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Apex Tool Group
Makita
Robert Bosch
Stanley Black & Decker
Techtronic Industries

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Other prominent vendors
ANDREAS STIHL
Atlas Copco
C. & E. Fein
CHERVON (China) Trading
Emerson Electric
Evolution Power Tools
Hilti
Hitachi Koki
Illinois Tool Works
INTERSKOL
JET Tools
Josch Group
Master Air Tool
Nemo Power Tools
Panasonic
Positec Tool
Snap-on
Triton Tools

Market driver
Rise in global construction and infrastructure development activities
For a full, detailed list, view our report

Market challenge
Volatility in prices of raw materials
For a full, detailed list, view our report

Market trend
Wireless battery charging technology
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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Global Power Tools Market Is Expected To Reach US$38.03 bn By The End Of 2021 To Rise At A CAGR Of 5.3%

Researchmoz added Most up-to-date research on "Power Tools Market By Technology (Electric, Pneumatic, Engine driver, Hydraulic and Powder-actuated), By Application (Automobiles, Construction, Aerospace and Electronics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" to its huge collection of research reports.

Power tools are primarily used in manufacturing and construction industry for the purpose of reducing workload and increasing the output. These tools have several types of operation such as drilling, chiseling, sanding and screw driving among others. The market has been analyzed to grow steadily due to the increasing need for infrastructure development in emerging economies.

There are various types of tools such as electric, pneumatic, which are operated with the help of external power sources. The economic condition in the developing nations such as India and China is changing which is creating a demand for urbanization. The power tools are one of the primary equipments in the construction industry. Furthermore, the rising concept of DIY technique is creating the demand of power tools in the residential sector. In addition, easy availability of these tools on e-commerce websites is also aiding to the growth of the market. Moreover, the use of the power tools reduces the time of the output. The idea of DIY was previously restricted to the developed regions like U.S. and the U.K. However, the changing lifestyle and increasing disposable income in the emerging economies is driving the idea of DIY thereby increasing the sale of power tools. In addition, the manufacturing industry is gradually recovering from the economic slowdown. This is return is creating a demand for the power tools market in the industrial sector.

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However, one factor that is hampering the growth of power tools is the additional maintenance cost associated with it.  The power tools once bought require continuous maintenance over a period of time, is limiting the demand in the market. Moreover, in some case, the contractors with limited funding take these tools on lease, which in turn blocks new market for power tools especially in developing nations. This factor is acting as a restraint for the market during forecast period.

This report projection has been provided in terms of revenue (USD Million) from 2015 to 2021. Furthermore, the drivers and the restraints affecting the power tools market over the forecast period have also been covered in the study. In addition, the opportunities that are expected to help the market in future have also been discussed.

The power tools industry has been divided into three categories: by technology, by application and by geography. In terms of technology, the market has been further segmented into electric power tools, engine driven power tools, pneumatic power tools, powder-actuated power tools and hydraulic power tools. By application, the market has been segregated into automobile, construction, aerospace and electronic application. Furthermore, the market has been segregated geographically into four regions: North America, Europe, Asia Pacific and Rest of the world. Each of these segments has been analyzed in terms of revenue (USD Million).

In order to get a better understanding of the power tools market, a key trends analysis has been included for all the segments. In addition, for a better understanding the market, the market attractiveness for the application segment has been provided. Furthermore, the market share of the key players in the power tools market has also been discussed in terms of market share revenue held globally.

Company profiles of the key players have also been included in the report. The company profiles cover, the overview, key developments, financial overview and business strategy of the players focusing on the power tools market. In addition, the historical milestones and the business segments have also been provided The key players profiled in the power tools market include, Robert Bosch GmbH (Germany), Stanley, Black & Decker, Inc. (U.S.), Emerson Electric Co.(U.K.), Makita Corporation (Japan), Actuant Corporation (U.S.), SKF (Sweden), Techtronic Industries (China), Hilti Corporation (Germany), Danaher Corporation (U.S.) and Hitachi Koki Ltd (Japan).

Power Tools Market: By Technology

- Electric power tools
- Pneumatic power tools
- Engine driven power tools
- Hydraulic power tools
- Powder-actuated power tools

Power Tools Market: By Application

- Automobile
- Construction
- Aerospace
- Electronics

Power Tools Market: By Geography

- North America
- U.S.
- Canada
- Europe
- U.K
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Rest of the World
- Latin America
- Middle East
- Africa

The report provides a cross-sectional analysis of all the above segments with respect to the following regions:

- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)

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Power Tools Industry In The US Will Grow Steadily At A CAGR Of 4.22% Over The Period 2015-2019

Researchmoz added Most up-to-date research on "Power Tools Market in the US 2015-2019" to its huge collection of research reports.

Power tools are used to manufacture products with increased convenience and ease. There are different types of power tools such as electric power tools, engine-driven power tools, and pneumatic power tools. Power tools are adopted for different operations such as drilling, screw driving, chiseling, routing, sanding, polishing, buffing, and leveling. Engine-driven power tools use gasoline for their operation, and pneumatic power tools operate with the effective deployment of compressors. These tools are used across industries such as automotive, infrastructure, construction, woodworking, aerospace, and electrical and electronics.

Technavio's analysts forecast the power tools market in the US to grow at a CAGR of 4.22% over the period 2015-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the power tools market in the US during the period 2015-2019. For ascertaining the market size and vendor share, the report considers the revenue generated from the sales of power tools.

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Technavio's report, the Power Tools Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the power tools market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

- Bosch
- Makita
- Stanley Black & Decker
- Techtronic Industries

Other prominent vendor

- Actuant
- Blount International
- Emerson Electric
- Hilti
- Hitachi Koki
- Panasonic
- Snap-On

Market driver

- Recovery of manufacturing sector
- For a full, detailed list, view our report

Market challenge

- Lack of product differentiation
- For a full, detailed list, view our report

Market trend

- Energy-efficient power tools
- For a full, detailed list, view our report

Key questions answered in this report

- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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