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Global Industrial Power Tool Market Revenue Was Valued At 23467.26 M USD In 2017

11-21-2018 10:50 AM CET | Industry, Real Estate & Construction

Press release from: globalinforesearch

Global Industrial Power Tool Market Revenue Was Valued

New report published by Global Info Research which offers insights on the global Industrial Power Tools market.

A power tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of power tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, or even natural power sources like wind or moving water. Tools directly driven by animal power are not generally considered power tools.

Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-industrial-power-tools-market_p52695.html

Global Industrial Power Tools Market: Forecast by Type / Application / Region

Power tools are used in industry, in construction, in the garden, for housework tasks such as cooking, cleaning, and around the house for purposes of driving (fasteners), drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and more.

The major players in global Industrial Power Tool market include: Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN.

On the basis of product, the Industrial Power Tool market is primarily split into: Lithium-Ion Battery, Ni-Cad Battery , NiMH Battery, Other (Corded Electric, Pneumatic, Hydraulic, Power-Actuated, etc.).

On the basis on the end users/applications covers: Construction Field, Industry Field, Other.

The global revenue of Industrial Power Tool market was valued at 23467.26 M USD in 2017 and is expected to reach USD 38868.85 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 6.51%.

Europe has the largest global export quantity and manufacturers in Industrial Power Tool market, while the United States is the second sales volume market for Industrial Power Tool in 2017.

In the industry, Stanley Black&Decker (DeWalt) profits most in 2017 and recent years, while Bosch and TTI ranked 2 and 3.The market share of them is 17.83%, 17.76% and 17.40% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are four mainly types of Industrial Power Tool, including Lithium-Ion Battery, Ni-Cad Battery, NiMH Battery and Other. And Lithium-Ion Battery is the main type for Industrial Power Tool, and the Lithium-Ion Battery reached a sales volume of approximately 142.74 M Unit in 2017, with 55.65% of global sales volume.

Industrial Power Tool technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.globalinforesearch.com/global-industrial-power-tools-market_p52695.html

Related Information:
United States Industrial Power Tools Market 2018 Forecast to 2023
Europe Industrial Power Tools Market 2018 Forecast to 2023
North America Industrial Power Tools Market 2018 Forecast to 2023
Asia-Pacific Industrial Power Tools Market 2018 Forecast to 2023
China Industrial Power Tools Market 2018 Forecast to 2023
EMEA Industrial Power Tools Market 2018 Forecast to 2023
Global Industrial Power Tools Market 2018 Forecast to 2023

About Us:
GlobalInfoResearch is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.

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E-mail: report@globalinforesearch.com
Tel: +86-15521064060 00852-58197708(HK)
Add: RM 1605C HO KING COMM CTR 2-16 FA YUEN ST MONGKOK KL Hong Kong
Website: http://www.globalinforesearch.com

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