Global Power Tools Market- Industry Analysis and Forecast (2017-2024)
Global Power Tools Market is expected to reach 37.03 Billion by 2024 from 25.81 Billion in 2016 at 4.62% CAGR (Detailed analysis of the market CAGR is provided in the report).
Global Power Tools Market is divided in five key market segments that include:
• By Application
• By Power source
• By Tool Type
• By End user
• By Geography
Power tools are equipment used for additional mechanism other than solely manual labour, most type of power tools used electric motors, internal combustion engines and compressed air. As the application of power tools in field work reduces the probabilities and burden of repetitive tasks and decrease the chances of human error and injury.
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Low-cost and energy efficient power tools are highly demanded in market these days, due to their use has considerably increased across the production and manufacturing industries worldwide. Further innovation in these technologies is expected to provide significant growth of these tools in Global Power Tools Market. Due to high maintenance cost of power tools which would restrains the growth of Global Power Tools Market.
The report has addresses and analyzed the market by five key geographies i.e.
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
APAC region is going to emerge as one of the faster-growing markets in forecast period followed by North America and Europe
Key Highlights:
• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for Global Power Tools Market during the forecast period
• Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain.
• Global Power Tools Market analysis with respect to application, power source, tool type, end user and Geography to assist in strategic business planning.
Global Power Tools Market analysis and forecast for five major geographies North America, Europe, Asia pacific, Middle East & Africa, Latin America and their key regions
Years that have been considered for the study are as follows:
• Base Year – 2017
• Estimated Year – 2018
• Forecast Period – 2017 to 2024
For company profiles, 2017 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Research Methodology:
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get unbiased idea of the market. This exercise was done at country level to get fair idea of the market in countries considered for this study. Later this country specific data was accumulated to come up with regional numbers and then arrive at global market value for Global Inspection Machines Market
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Key players in System in Global Power Tools Market are:
• Robert Bosch GmbH
• Actuant Corporation
• Danaher Corporation
• Techtronic ABB
• Stanley Black & Decker
• Makita
• INTERSKOL
• FERM
• Positec Group
• Emerson Electric
• Chevron Group
• Snap-on
• Atlas Copco
• Chevron Group
• Deprag Schulz
• Hilti
Key Target Audience:
• Raw material suppliers
• Suppliers of bearings
• End user industries
• Research organisations
• Power tools manufacturers
• Suppliers of Li-lion Batteries
• Government, financial institutions and investment communities
• Technology investors and venture capitalists
• Suppliers of torque sensors/torque transducers
• Original equipment manufacturers (OEMs) of electronic components
The scope of the Global Power Tools Market:
The research report segments North America Global Power Tools Market based on application, power source, tool type, end user and geography.
Global Power Tools Market, By Application
• Automobiles
• Construction
• Electronic
• Aerospace
• Industrial
• Logistics
• Energy
• Shipbuilding
Global Power Tools Market, By Power Source
• Cordless Electric Power tools
• Corded Electric Power tools
• Pneumatic Power tools
Global Power Tools Market, By Tool type
• Drilling and Driving tools(Screwdrivers, Nutrunners, Impact drivers)
• Demolition tools (Rotatory hammers, Hammer drills, Demolition Hammers)
• Sawing and Cutting tools (Jigsaw, reciprocating saws, band saws, circular saw, shears and nibblers)
• Material removing tools(sanders, polishers, buffers, grinders)
• Routing tools(Palm routers, laminate routers) & others
Global Power Tools Market, By End-user
• Residential
• Non residential
Global Power Tools Market, By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America.
Available Customization:
Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client.
MAJOR TOC OF THE REPORT
Chapter One: Power Tools Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Power Tools Market Competition, by Players
Chapter Four: Global Power Tools Market Size by Regions
Chapter Five: North America Power Tools Revenue by Countries
Chapter Six: Europe Power Tools Revenue by Countries
Chapter Seven: Asia-Pacific Power Tools Revenue by Countries
Chapter Eight: South America Power Tools Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Power Tools by Countries
Chapter Ten: Global Power Tools Market Segment by Type
Chapter Eleven: Global Power Tools Market Segment by Application
Chapter Twelve: Global Power Tools Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Power Tools Market Report at: https://www.maximizemarketresearch.com/market-report/global-power-tools-market/7226/
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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