Power Tools Market Size, Analysis, Forecast in 2028
The global Power
Tools Market research report published by Reports and Data is an exhaustive
analysis of the Power Tools market based on current and emerging market trends,
market dynamics, technological advancements, product launches, and recent
developments in the market. The 100+ paged report offers extensive overview of
the market size, market share, revenue growth, CAGR, sales network and
distribution channel, market demand, and segments and sub-segments. The report
offers key insights about the prominent companies operating in the market and
their business plans, expansion strategies, and global market position.
Top companies profiled
in the report include:
Techtronic Industries Company Limited, Robert Bosch GmbH,
Stanley Black & Decker, Inc., Makita Corporation, Atlas Copco, Apex Tool
Group, Hitachi Koki Co., Ltd., Snap-on Incorporated, Ingersoll-Rand PLC, and
Emerson Electric Co.
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Market Overview:
The manufacturing and
construction industry has rapidly grown in terms of revenue in the recent years
and is expected to register robust revenue growth throughout the forecast
period. Factors such as technological advancements in manufacturing techniques and
rapid urbanization and industrialization are boosting market revenue growth. Moreover,
there has been a sudden rise in the demand for smart buildings and smart homes
and consumers are inclining towards green energy and eco-friendly construction
activities due to rising environmental concerns. These factors along with
latest trend for redevelopment and advanced flooring for aesthetic look and
increasing adoption of automation across the globe are fueling market growth.
In addition, government schemes and increasing investments to develop enhanced
products is expected to open favorable growth opportunities going ahead.
The research study
includes an in-depth analysis of the market using advanced research
methodologies such as SWOT analysis and Porter’s Five Forces analysis. The
report further explores the key business players along with their in-depth
profiling, product portfolio, and strategic business decisions. The report has
been formulated through extensive primary and secondary research and further
validated by analysts, industry experts, and market professionals. The report
also sheds light on the recent mergers and acquisitions, joint ventures,
collaborations, partnerships, and product launches, among others.
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Regional analysis
covers assessment of import/export, production and consumption ratio, supply
and demand, cost, price, estimated revenue and gross margins, and presence of
key players in the region. The report also offers insights about revenue
growth, market size, market share, technological advancements, and presence of
key players in each region.
Regional Bifurcation
of the Power Tools Market Includes:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea,
Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of
Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E.,
South Africa, Rest of MEA)
For the purpose of this report, Reports and Data has segmented the
global power tools market on the basis of type, operation mode, application,
and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Demolition
Tools
- Rotary
Hammers
- Hammer
Drills
- Demolition
Hammers
- Drilling
& Fastening Tools
- Impact
Drivers
- Drills
- Impact
Wrenches
- Screwdrivers
& Nutrunners
- Sawing
& Cutting Tools
- Reciprocating
Saws
- Jigsaws
- Circular
Saws
- Sheers
& Nibblers
- Band
Saws
- Routing
Tools
- Routers
- Joiners
- Planers
- Material
Removal Tools
- Grinders
- Die
& Straight Grinder
- Angle
Grinders
- Sanders
- Buffers
- Polishers
- Others
Operation Mode Outlook (Revenue, USD Billion; 2018-2028)
- Pneumatic
- Electric
- Cordless
- Corded
- Hydraulic
- Power-actuated
Application Outlook (Revenue, USD Billion; 2018-2028)
- Residential
- Industrial
- Automotive
- Construction
- Energy
- Aerospace
- Others
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