Global Power Tools Market Size, Share, Growth Analysis Forecast to 2021

Power Tools Industry

Description

Wiseguyreports.Com Adds “Power Tools -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2021” To Its Research Database

Power Tools market accounted for $27.56 billion in 2015 and is expected to reach $40.12 billion by 2022 growing at a CAGR of 5.5%. Urbanization, increasing automotive sales in developed nations, high efficiency and effectiveness and rising investments in housing are driving the market growth. The power tools are generally used for household tasks, screw-driving, grinding, drilling, routing, leveling, cutting, shaping, painting, sanding, construction, polishing, and gardening.

Power tools have the majority share in total market with around 60% and are expected to be the leading segment during the forecast period. The most commonly used power tools are electric power tools. Industrial segment is expected to dominate the end-user market. North America and Asia Pacific are the leading markets for power tools strongly driven by U.S. and China respectively, whereas Europe and Africa are fastest growing regions.

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The key players of the market include,

Hitachi Koki Co., Panasonic Corp, Robert Bosch GmbH, Emerson Electric Co., Makita Corp., Atlas Copco AB, Black & Decker Co., Actuant Corp., Techtronic Industries Co. Ltd, SKF, Stanley and Danaher Corporation.

Categories Covered:
• Power tools
• Hand tools

Types of Power Tools Covered:
• Electric power tools
• Hydraulic power tools
• Engine driven power tools
• Powder-actuated power tools
• Pneumatic power tools

End Users Covered:
• Construction
• Electrical and electronics
• Automobile
• Infrastructure
• Aerospace
• Woodworking
• Residential
• Household
• Manufacturing

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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancement

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