Press release
Power and Hand Tools Market Greater Revenue Share by 2021
Power tools consist of varieties of tools, which added with some additional power to perform certain task. Electric motor is the most common types of power tools. Some example of the power tools are drill machine, circular saw, crusher, heat gun, disc sander, jackhammer, angle grinder, nail gun, wall chaser and wood router. Hand tools are operated by hand only and not by any electric machine. Some of the hand tools are hammers, garden forks, rakes, secateurs, spanners, screwdrivers, pliers, wrenches, clamps, hook cutter, plumbing tools and chisels. Hand tools are generally less dangerous than power tools.Professional market contributes the larger share of power and hand tool. Professional market comprises of individuals who work in various industry such as construction industry, manufacturing industry, technical services and maintenance industry. In 2013, professional market held around two-thirds of total sales of power and hand tools in North America. Power tools are more intensively use by professionals than normal consumers. They are ready to pay high price for new power tools due to their better performance and long life durability. This leads to further increase the overall market of power and hand tools.
North America is the largest market of power and hand tools. Growing economy in developing countries of Asia Pacific region stimulate consumer spending activity on construction of residential and non-residential building. This creates the demand of various power and hand tools. Introduction of innovative tools such as cordless saws and drill machine, further boost the market of power and hand tools. Western Europe is the fastest growing region in Europe and it is expected to hold one forth market in near future. Growing industry in European countries helps to drives the power and hand tools market.
Request for Table of Contents @ https://www.persistencemarketresearch.com/toc/3429
Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/3429
Some of the major companies operating in global power and hand tools are Actuant Corporation, AIMCO Corporation, Allied Trade Group (ATG) Stores, Alltrade Tools LLC, AMES Companies, Ancor, Apex Tool Group LLC, Atlas Copco AB, Black & Decker, Stanley Black & Decker, Bosch (Robert) GmbH, Channellock Incorporated, Chervon Holdings Limited, Chicago Pneumatic Tool, Danaher Corporation, Daniels Manufacturing Corporation, Del City Wire, DEPRAG-Schulz GmbH and Company, DeWALT Industrial Tools and E&R Industrial Sales.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Power and Hand Tools Market Greater Revenue Share by 2021 here
News-ID: 1026240 • Views: …
More Releases from Persistence Market Resarch

Industrial Cable Reels Market is expected to increase by a CAGR of 4.0% by 2031| …
Trading of modern link pulls in the global market is valued at US$2,480.0 million towards the end of 2018, representing a YoY growth pace of 4.0% north of 2023. In terms of modern link reel volume, China is expected to account for almost 22.2% of the total share of the global modern link reel market towards the end of 2026 and is expected to maintain its position in the modern…

Global Market for RTD/high strength premixes is poised to expand at a sub-par CA …
Persistence Market Research And new report on the global RTD/high strength premixes market, RTD/High Strength Premixes Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)
The study has been developed to offer valuable insights on how the demand for RTD/high strength premixes will shape up in the immediate future. Industry trends, macroeconomic factors, marketing opportunities, and new applications encompassing the global RTD/high strength premixes market have been analyzed in the report. Market…

Food Retail Market Segmented By Food and Grocery Retail, Pet Food Retail in Supe …
Rise in the global population, changing customer preferences and emerging economies are making the way for the food retail industry. It is a dynamically progressing industry and contributes to the development of several industries such as food packaging.
Food Retail is categorized under distribution channel into four different segments: supermarkets/hypermarkets, independent and specialist retailers, convenience stores and others. Supermarket or hypermarket segment accounts for a comparatively larger market share.
Increasing customer preference…

Cosmetic Peptide Synthesis Market Size to Exhibit a US$ 182.1 Mn by 2032 - Insig …
The most recent report from Persistence Market Research on the worldwide cosmetic peptide synthesis market assesses the market's opportunities and current state, and it offers in-depth research and the most recent information on the relevant segments that have an impact on the market.
The study provides in-depth analysis of the market's present dynamics, including its drivers, constraints, trends, and prospects. The market study's main goal is to provide unique information…
More Releases for Tool
Data Annotation Tool Market Data Annotation Tool Market
The study on the Global Data Annotation Tool Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Data Annotation Tool Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Data Annotation Tool Market during the forecast period (2022-2031).
The report examines the…
Research Report and Overview on Titanium Carbide Tool Market, 2020-2026 with Mit …
"Global Titanium Carbide Tool Industry Research Report” Provides Detailed Insight Covering all Important Parameters Including Development Trends, Challenges, Opportunities, Key Insights and Competitive Analysis of Titanium Carbide Tool Market.
COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.
To know How COVID-19 Pandemic will impact this market/industry-DOWNLOAD sample…
Aluminum Carbide Tool Market Trend, Segmentation and Forecast to 2025| Mitsubish …
High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The Aluminum Carbide Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In…
Titanium Carbide Tool Market Size Study and Regional Forecasts 2019-2025| Mitsub …
High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The Titanium Carbide Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In…
What's driving the Solid Carbide Tool Market growth? Key Players are: Mitsubishi …
The worldwide market for Solid Carbide Tool is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019, according to a new Big Market Research study.
Get Discount Sample @ https://www.bigmarketresearch.com/request-for-discount/3009309?utm_source=SBL
This report focuses on the Solid Carbide Tool in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes…
Global Knurling Tool Market 2018-2025 Aloris Tool, Dorian Tool, Sassatelli
Recently added detailed market study "Global Knurling Tool Market" examines the performance of the Knurling Tool market 2018. It encloses an in-depth Research of the Knurling Tool market state and the competitive landscape globally. This report analyzes the potential of Knurling Tool market in the present and the future prospects from various angles in detail.
The Global Knurling Tool Market 2018 report includes Knurling Tool market Revenue, market Share, Knurling Tool…