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The power tool accessories market is forecasted to grow by USD 577.7 million during 2023-2028, accelerating at a CAGR of 3.84% during the forecast period. The report on the power tool accessories market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in sales of passenger cars, growth of fabricated metal products, and rise in construction activities in emerging nations in APAC.
The power tool accessories market is segmented as below:
By End-user
- Professional
- Consumer
By Type
- Drill bits
- Screwdriver bits
- Router bits
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the power tool accessories market covers the following areas:
- Power tool accessories market sizing
- Power tool accessories market forecast
- Power tool accessories market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global power tool accessories market: ANDREAS STIHL AG and Co. KG, Atlas Copco AB, Bahco, Baker Hughes Co., Caterpillar Inc., Drill King International, Emerson Electric Co., Festool GmbH, Halliburton Co., Hilti AG, KKR and Co. Inc., Koki Holdings Co. Ltd., KYOCERA Corp., Makita Corp., Robert Bosch GmbH, Sandvik AB, Snap on Tools Pvt. Ltd., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., and Tools4Trade.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased integration of internet of things (IoT) in manufacturing processes."
According to the report, one of the major drivers for this market is the increase in sales of passenger cars.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ANDREAS STIHL AG and Co. KG
- Atlas Copco AB
- Bahco
- Baker Hughes Co.
- Caterpillar Inc.
- Drill King International
- Emerson Electric Co.
- Festool GmbH
- Halliburton Co.
- Hilti AG
- KKR and Co. Inc.
- Koki Holdings Co. Ltd.
- KYOCERA Corp.
- Makita Corp.
- Robert Bosch GmbH
- Sandvik AB
- Snap on Tools Pvt. Ltd.
- Stanley Black and Decker Inc.
- Techtronic Industries Co. Ltd.
- Tools4Trade