Press release
India Power Tools Market (2018-2024)-6Wresearch
Cordless Power Tools to Exhibit Nearly Twofold Growth as Compared to the Corded Ones in India Power Tools Market During 2018-24 - 6WresearchWith growing automation & time-efficiency requirements, there is a radical shift from hand tools towards power tools in India. Over the past few years, power tools have gained acceptance across all major verticals including construction, industrial, and automotive. Further, to fulfill the continuously growing demand for power tools in the country, manufacturers are coming up with innovative products which offer application-specific power tools as per end user requirements.
According to 6Wresearch, India Power Tools market is projected to grow at a CAGR of 8.4% during 2018-24. Among different types of power tools, electric power tools bagged the maximum revenue share in 2017. Although, corded electric power tools contributed majority of the revenue share in 2017, however, the segment is anticipated to continuously lose its market share over the cordless electric power tools owing to its portability and zero cabling issues.
Explore Press Release : http://www.6wresearch.com/press-releases/india-power-tools-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile-insights.html
According to Mr. Varun Sikand, Director-Marketing, Hilti India, "Electric power tools usage is currently growing at a very fast pace in India, especially across the construction and industrial segments. Manufacturers are coming up with advanced products to gain further consumer acceptance. Cordless power tools using lithium-ion batteries and dust control technology are already established in the U.S. and Europe and would complement the exponential market growth in India over the coming years."
According to Anuj Mehrotra, Senior Research Analyst, Research and Consulting, 6Wresearch, "Power tools market in India is projected to grow steadily over the coming years on the back of continuously increasing construction & industrial activities in the country. Additionally, automotive sector, deploying pneumatic power tools has emerged as another key growth contributor towards the overall power tools market in the country."
"Moreover, there is a visible shift from corded to cordless tools among end users. Cordless power tools segment is anticipated to exhibit high growth and high user acceptance by 2024 backed by certain key advantages such as portability, light-weight, and efficiency," Anuj concluded.
According to Suman Gautam, Research Associate, Research and Consulting, 6Wresearch, "India power tools market is an import driven market, dominated by international brands including Bosch, Stanley, Makita, Hilti, and Hitachi. Majority of these companies import power tools from their manufacturing bases outside India and reach end users via varied sales channels within the country"
"Chinese products are in huge demand in the Indian market over the past few years, for instance Doncheng is selling its power tool products at lower prices in India and has gained significant adoption in the country which is posing further challenge to the market players," Suman added.
Some of the major players in India Power Tools market include- Bosch Limited, Stanley Black & Decker India Pvt. Ltd, Makita Power Tools India Pvt. Ltd, Hitachi Koki India Pvt. Ltd, and Hilti India Pvt. Ltd, Kulkarni Power Tools Ltd. (KPT), FEIN Power Tools India Pvt. Ltd, Atlas Copco (India) Ltd, Techtronic Industries Co. Ltd, Snap-on Inc.
"India Power Tools Market (2018-2024)" provides in-depth analysis with 48 figures and 11 tables covered in 118 pages. The report estimates and forecast the overall India power tools market by technology, tool types, verticals, and regions. The report also offer insights on competitive landscape, companies benchmarking, company profiles, market drivers, and restraints.
For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/india-power-tools-market-2018-2024-forecast-by-technology-electric-corded-cordless-pneumatic-types-metal-concrete-wood-verticals-regions-competitive-landscape.html
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Delhi/NCR Office
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA, New Delhi-110034
Email sales@6wresearch.com
Phone: +911143024305
Website : http://www.6wresearch.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 India Power Tools Market (2018-2024)-6Wresearch here
News-ID: 1151316 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions

The Enduring Popularity of Jeans in a Changing Fashion Landscape
Jeans continue to experience strong global market growth, driven by their lasting charm, widespread acceptance, and increasing demand across age and style groups. Despite the evolution of fashion and emergence of competing apparel types, jeans have maintained their spot as a universal wardrobe essential. Their reliable comfort, enduring quality, and style flexibility help reinforce their popularity, making them one of the most consistently chosen clothing items by consumers around the…

Global Homeopathic Medicine Market Expands with Rising Demand for Safe and Holis …
The global homeopathic medicine market is experiencing consistent progress in various sectors like wellness, healthcare, and personal care. Increasing demand for preventive healthcare, growing awareness about alternative and natural treatment techniques, and innovations in homeopathic formulations are fueling market expansion globally. Homeopathic medicines are commonly used for numerous applications such as seasonal illnesses, skin disorders, chronic disease management, and mental health. With advanced delivery techniques, enhanced quality standards, and regulatory…

Smart, Durable, and Stylish: Global Helmet Market Gains Momentum
The global helmet market is experiencing consistent growth in various sectors like construction, defense, sports, and personal safety. Innovations in helmet technology, growing awareness about head safety, and the requirement for durable and comfortable protective gear are propelling market development across the world. Helmets are important for many uses such as cycling, motorcycling, industrial work, defense, construction, and sports activities. With lightweight materials, enhanced safety features, and ergonomic designs, helmets…

Modernization and Urban Air Mobility Driving Steady Growth in the Global Helicop …
The global helicopter market is witnessing consistent progress in various sectors like commercial, defense, emergency medical, and private. Innovations in helicopter technology, growing demand for air transportation, and the requirement for efficient and safe aerial operations are fueling market development across the world. Helicopters are important for many uses like military operations, passenger transport, search and rescue, emergency medical services, and logistics in remote areas. With improved modern avionics and…
More Releases for India
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…