UAE Power Tools Market (2018-2024): Market Forecast By Technology (Electric Power Tool and Pneumatic Power Tool), By Tool Types (Metal Segment, Concrete Segment, Wood Working Segment and Others), By Verticals, By Regions and Competitive Landscape

UAE power tools market registered a healthy growth during 2014-17 attributed to increasing construction market as well as governmental spending on infrastructure development projects. UAE Vision 2021 and Abu Dhabi Vision 2030 would positively affect the growth of construction market, further boosting the deployment of power tools over the coming years. However, upcoming new commercial and residential projects coupled with increasing automotive sector and surging need for automation are some of the key factors which would further drive the market over the next six years. Also, for upcoming World Expo 2020 more than $15.41 billion is expected to be invested by the UAE government for the expansion of existing and construction of new public and private infrastructures resulting in an increase in deployment of power tools in the country.

UAE power tool market is projected to reach over $163 million by 2024. The market registered a healthy growth in revenues during 2014-17, owing to surge in demand for metal and concrete segment power tools. Drilling cordless tools with lithium-ion batteries under the metal segment tool type are majorly in demand due to its deployment in residential sector along with construction and automation sectors.

In UAE, Northern region held majority of the market share in term of revenues on the back of increasing construction activities in Dubai due to World Expo 2020, increasing vehicle sales and urbanization. Southern region is expected to register a healthy growth during the forecast period 2018-24 due to increase in infrastructural and railway projects in Abu Dhabi.

The report thoroughly covers the market of power tools by tool type, technology type, verticals and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical Data of Global Power Tools Market for the Period 2014-2017
• Market Size & Forecast of Global Power Tools Market until 2024
• Historical Data of UAE Power Tools Market for the Period 2014-2017
• Market Size & Forecast of UAE Power Tools until 2024
• Historical Data of UAE Power Tools Market - By Tools Types for the Period 2014-2017
• Market Size & Forecast of UAE Power Tools - By Tools Types until 2024
• Historical Data of UAE Power Tools Market - By Technology Types 2014-2017
• Market Size & Forecast of UAE Power Tools - By Technology Types until 2024
• Historical Data of UAE Power Tools Market - By Verticals for the Period 2014-2017
• Market Size & Forecast of UAE Power Tools - By Verticals until 2024
• Historical Data of UAE Power Tools Market - By Regions for the period 2014-2017
• Market Size & Forecast of UAE Power Tools - By Regions until 2024
• Market Drivers, Restraints, Market Trends
• Players Market Share and Competitive Benchmarking
• Recommendations

Markets Covered:

By Technology:

•  Electric Power Tool
•  Pneumatic Power Tool

By Tool Types:

•  Metal Segment
•  Concrete Segment
•  Wood Working Segment
•  Others

By Verticals:

•  Construction
•  Automotive
•  Manufacturing
•  Others

By Regions:

•  Northern
•  Southern