Press release
Cutting Tools Market 2018 Global Major Key Players: Robert Bosch GmbH, Stanley Black & Decker, J.C. Bamford Excavators, ICS Cutting Tools, Hitachi Koki, Klein Tools, Snap on
Cutting Tools Market 2018Cutting Tools Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Cutting Tools Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022
Global Cutting Tools Market Information Report by Product Type (Hand Cutting Tools and Power Cutting Tools), by Application (Industrial, Construction, Household and Others) and By Region - Global Forecast To 2022
Cutting Tools Market is expected to grow at a CAGR of 6.9% during the forecast period.
The prominent players in the cutting tools market include Makita Power Tools India Pvt. Ltd. (India), Robert Bosch GmbH (Germany), Stanley Black & Decker, Inc. (U.S.), J.C. Bamford Excavators Limited (U.K.), ICS Cutting Tools, Inc. (U.S.), Hitachi Koki Co., Ltd. (Japan), Klein Tools, Inc. (U.S.), Snap on (U.S.), OTTO BAIER GmbH (Germany) and Hilti Corporation (Liechtenstein).
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Market Scenario
The market for cutting tools has been segmented based on product type, application and region. On the basis of product type, the market is segmented as hand cutting tools and power cutting tools. The power cutting tools segment dominates all the product types of the market. Growing demand from industries and the increasing use of power tools for DIY & household activities, drive the demand of the power tools. On the basis of application, the market is segmented as Industrial, Construction, Household and Others. Industrial sector dominates the application segment of the market. Growing demand from industrial sector drives the demand of the market. The increase in demand for automation and rapid industrialization, foster the use of power cutting tools.
On the basis of region, global cutting tools market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW). North America dominates the global cutting tools market. Factors such as high labor cost and growth in the distribution channel, are expected to drive the growth of the market in North America region. The Asia-Pacific region is expected to be the fastest growing region for the cutting tools. Continuously growing automotive, and manufacturing sector in countries such as China and India are driving the growth of the market in the region.
The report for Global Cutting Tools Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Cutting Tools market are that of new product development.
In March 2017, Stanley Black & Decker, Inc. completes acquisition of Newell Brands tools business to expand the product portfolio.
On April 2017, Hilti Corporation announced new 22 V tool line.
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Table of Contents
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY
3 MARKET DYNAMICS
4 Global Cutting Tools Market, By Product Type
5 Global Cutting Tools Market, By Application
6 Regional Market Analysis
7 Competitive Analysis
LIST OF TABLES
TABLE 1 GLOBAL CUTTING TOOLS MARKET, BY PRODUCT TYPE
TABLE 2 GLOBAL CUTTING TOOLS MARKET, BY APPLICATION
TABLE 3 GLOBAL CUTTING TOOLS MARKET, BY REGIONS
TABLE 4 NORTH AMERICA CUTTING TOOLS MARKET, BY COUNTRY
TABLE 5 NORTH AMERICA CUTTING TOOLS MARKET, BY PRODUCT TYPE
….
LIST OF FIGURES
FIGURE 1 RESEARCH PRODUCT TYPE
FIGURE 2 GLOBAL CUTTING TOOLS MARKET: BY PRODUCT TYPE(%)
FIGURE 3 GLOBAL CUTTING TOOLS MARKET: BY APPLICATION(%)
FIGURE 4 GLOBAL CUTTING TOOLS MARKET: BY REGION
FIGURE 5 NORTH AMERICA CUTTING TOOLS MARKET, BY PRODUCT TYPE(%)
Continued…….
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.
MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important question. In order to stay updated with technology and work process of the industry
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