Press release
Power Tools Market in the US Will Reach At CAGR Of 3.83% Between 2017-2021
Power tools facilitate industrial and other operations, which would either be impossible or very time-consuming and inefficient if performed manually. Power tools offer an excellent replacement for hand tools owing to their greater efficiency. Besides being used for drilling, sawing, grinding, etc., power tools have a number of other uses and applications. Several industries also use custom-built power tools to accomplish specific jobs.
Technavios analysts forecast the power tools market in the US to grow at a CAGR of 3.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the power tools market in the US for 2017-2021. To calculate the market size, the report considers the demand from end-users.
Technavios report, Power Tools Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Stanley Black & Decker,
Robert Bosch Tool,
Makita,
Techtronic Industries,
the Apex Tool Group.
Other prominent vendors
Andreas Stihl
Atlas Copco AB
C. & E. Fein GmbH
Danaher
Harbor Freight Tools
Hilti
Hitachi Koki
Illinois Tool Works
MAFELL
Panasonic Corporation of North America
Positec
Snap-on Incorporated
TTS Tooltechnic Systems
Market driver
Growth in construction activities
For a full, detailed list, view our report
Market challenge
High price of Li-ion batteries
For a full, detailed list, view our report
Market trend
Wireless/inductive charging for power tools
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by power source
Market overview
Electric power tools
Pneumatic power tools
Engine-driven and other power tools
PART 07: Market segmentation by type
Market overview
Cordless power tools
Corded power tools
PART 08: Market segmentation by end-user
Market overview
Professionals segment
Consumers
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Wireless/inductive charging for power tools
Shift from Ni-Cd to Li-ion batteries for cordless tools
Recovery in US economy
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
Apex Tool Group
Makita
Robert Bosch Tool
Stanley Black & Decker
Techtronic Industries
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