Power Tools Market to 2023 - Latest Trends and Future Scope with Top Key Players: Atlas Copco, Stanley Black & Decker, Robert Bosch, Ingersoll-Rand, Hilti, Techtronic Industries (TTI), Makita, Hitachi Koki, Snap-On, Apex Tool Group

Power Tools Market size will grow from USD 27.11 Billion in 2017 to USD 35.64 Billion by 2023, at an estimated CAGR of 4.66%. The base year considered for the study is 2017, and the market size is projected from 2018
to 2023.

The constantly growing construction industry in emerging economies, increasing sales of commercial vehicles across the world, and rising demand for cordless tools. However, the high maintenance cost associated with power tools hinders the market growth. The market has been segmented on the basis of mode of operation, tool type, application, and geography. In 2017, electric tools held the largest share of the overall power tools market.Corded electric tools are wired tools used as handheld tools.

Corded tools need a continuous power supply; therefore, they never run out of power, unlike cordless tools. Corded tools offer more torque than cordless fastening tools. The electric tools market is dominated by corded tools. Due to the improvement in batteries due to a strong replacement of Ni-Cd batteries with Li-Ion batteries and increasing adoption of cordless tools help the market for cordless tools to grow at a higher rate.

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Top Key Players :- Atlas Copco, Stanley Black & Decker, Robert Bosch, Ingersoll-Rand, Hilti, Techtronic Industries (TTI), Makita, Hitachi Koki, Snap-On, Apex Tool Group, Uryu Seisaku, Positec Group, CS Unitec, Deprag Schulz, Friedrich Duss, C. & E. Fein, Emerson Electric, Interskol, Panasonic, Chevron Group

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.

The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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