|12-12-2018 04:18 AM CET - Advertising, Media Consulting, Marketing Research||
Power Tools Market will reach 34400 million US$ in 2023
Press release from: Global Info Research
New report published by Global Info Research which offers insights on the global 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.
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Global Power Tools Market: Forecast by Type / Application / Region
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.
The worldwide market for Power Tools is expected to grow at a CAGR of roughly 6.6% over the next five years, will reach 34400 million US$ in 2023, from 23500 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
DEVON (Chevron Group)
Apex Tool Group
C. & E. Fein
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United States Power Tools Market 2018 Forecast to 2023
Europe Power Tools Market 2018 Forecast to 2023
North America Power Tools Market 2018 Forecast to 2023
Asia-Pacific Power Tools Market 2018 Forecast to 2023
China Power Tools Market 2018 Forecast to 2023
EMEA Power Tools Market 2018 Forecast to 2023
Global Power Tools Market 2018 Forecast to 2023
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