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Portable Tools Market: Expansion Strategies Set to Generate Substantial Revenue until 2026 | Key Players Like Akar Tools Ltd., Apex Tools Group, Atlas Copco AB, Channellock Inc., Danaher Corporation, etc.

11-16-2018 06:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

/ PR Agency: Big Market Research
Portable Tools Market: Expansion Strategies Set to Generate

A portable power tool is a device that is activated by an electric power source, unlike manual or pneumatic tools. Various types of power tools include electric screwdrivers, hammer drills, and screw guns.

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Research analysts forecast the global portable power tools market to grow at a CAGR of 6.41% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global portable power tools market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Global Portable Power Tools Market 2018-2022, 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.

Key vendors
Hilti
Koki Holdings
Makita Corporation
Robert Bosch
Stanley Black & Decker
Techtronic Industries

Market driver
Increasing demand for DIY tools in developed countries
For a full, detailed list, view our report

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Market challenge
Low penetration of portable power tools in developing and emerging countries
For a full, detailed list, view our report

Market trend
Portable power tools with smart technologies
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2022 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?

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