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The power tools market is forecasted to grow by USD 16.84 bn during 2023-2028, accelerating at a CAGR of 7.2% during the forecast period. The report on the power tools 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 rise in global construction and infrastructure development activities, technological innovation accelerating replacement demand, and growing demand for home improvement products.
The power tools market is segmented as below:
By End-user
- Industrial
- Residential
By Technology
- Electric
- Pneumatic
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the power tools market covers the following areas:
- Power tools market sizing
- Power tools market forecast
- Power tools 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 publisher 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 Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global power tools market: Apex Tool Group LLC, Atlas Copco AB, C. and E. Fein GmbH, Chervon Holdings Ltd., Emerson Electric Co., Evolution Power Tools Ltd., Group Silverline Ltd., Hilti AG, Illinois Tool Works Inc., JPW Industries Inc., Koki Holdings Co. Ltd, Makita Power Tools India Pvt. Ltd., Nemo Power Tools Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Snap On Inc., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., Vicky Power Tools, and Zoshab International Power Tools LLP.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is portable power tools with smart technologies.'
According to the report, one of the major drivers for this market is the rise in global construction and infrastructure development activities.
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:
- Apex Tool Group LLC
- Atlas Copco AB
- C. and E. Fein GmbH
- Chervon Holdings Ltd.
- Emerson Electric Co.
- Evolution Power Tools Ltd.
- Group Silverline Ltd.
- Hilti AG
- Illinois Tool Works Inc.
- JPW Industries Inc.
- Koki Holdings Co. Ltd
- Makita Power Tools India Pvt. Ltd.
- Nemo Power Tools Ltd.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Snap On Inc.
- Stanley Black and Decker Inc.
- Techtronic Industries Co. Ltd.
- Vicky Power Tools
- Zoshab International Power Tools LLP