Global Portable Tools Market: Emerging Economies Expected to Influence Growth until 2026| Key Players - Akar Tools , Apex Tools Group , Atlas Copco , Channellock , Emerson Electric , Fiskars Group , General Tools & Instruments
European Agency for Safety and Health at Work’s document, “Safe Maintenance of Portable Tools in Construction. Powered portable tools include drill machines, compressed air guns, and circular saws; non-powered portable (hand) tools include screwdrivers, axes, and spanners.
Get Free Exclusive PDF Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=1576
Portable Tools Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2026” is a comprehensive source of information and insights for stakeholders not only in the portable tools landscape, but also in the broader industrial and residential tools landscape. The exhaustive study offers qualitative and quantitative insights, spread over 19 chapters and 426 pages. Market forecast is offered in terms of value (US$ Mn) and volume. Stakeholders in the portable tools market can expect a wealth of information, including but not limited to macro-economic analysis, market volume projections, impact analysis, historical analysis, comprehensive segment-wise forecast, market attractive index by segments, regional & country-wise outlook, and in-depth competitive profiling.
Portable Tools Market: Segmentation
The report offers market forecast and analysis on the basis of category, end use, sales channel, and region. The categories of portable tools analyzed in the study include hand tools, power tools, garage tools, lighting tools, and personal protective equipment (PPE). The end uses of portable tools have been analyzed in industrial, commercial, and household & DIY settings. The key sales channels analyzed in the research report are distributor sales, retail outlets, and online sales.
The exhaustive market research study tracks the portable tools market across North America, Latin America, Europe, South East Asia and Pacific, Middle East & Africa (MEA), China, and Japan. In addition to offering broader region-wise forecast, the research study also analyzes the market in key countries of US, Canada, Germany, France, U.K. Spain, Italy, India, Indonesia, and Malaysia.
Note: The report offers comprehensive forecast and analysis on sub-segments in the portable tools market, including screw drivers, hammers, drills, impact wrenches, etc.
Direct co-relation between macroeconomic growth and portable tools sales
Portable tools sales are significantly impacted by macroeconomic factors, most notably, GDP, urbanization, economic growth, and industry value. According to OECD, world real GDP has shown a consistent surge since 2016, and the ascendancy is likely to be sustained in the long run. According to United Nations Department of Economics and Social Affairs, 68% of world’s population will live in urban areas by 2050, up from 55% currently. The direct co-relation between macroeconomic growth and portable tools sales is likely to augur well for the stakeholders in this market. The steadiness in automotive sales, especially in North America and Asia Pacific, and the long-term positive outlook on the automotive industry is likely to create opportunities for portable tool manufacturers. Growth in automotive sales directly impacts investments in repair and maintenance tools, especially among garage owners.
DIY trend complementing growth from traditional end users
DIY trend is steadily gaining ground, thanks to a range of factors ranging from doorstep delivery through e-commerce, free how-to content on popular video streaming sites, and conscious cost-cutting measures. Pursuing DIY projects as a hobby has also led to a surge in demand for portable tools in the residential segment.
For more information on this report, please visit: https://www.factmr.com/report/1576/portable-tools-market
Sustained demand from metal fabrication industry
Sustained demand from metal fabrication industry has traditionally offered support to global portable tools sales; the status quo is unlikely to change over the course of the forecast period. The metal fabrication industry is likely to maintain its y-o-y growth rate of over 2% in the long term. Demand for specialized tools that do not pose challenges in terms of inventory and storage overheads is likely to augur well for the growth of the market.
E-commerce offering greater visibility and reach
Availability of portable tools on e-commerce platforms has offered manufacturers new ways of reaching out to their target audience. Doorstep delivery, discounts, and detailed instructions on using portable products are key USPs of e-commerce sellers. The growing DIY ethic is also influencing online sales positively, as a significant percentage of first-timers look for specific information on instructions.
The portable tools landscape remains highly fragmented, with only a few market leaders accounting for significant revenue share. Considering the nature of the market, local players/regional players have a sizeable presence, especially in developing regions. Among the market leaders, Stanley Black & Decker, Inc. has nearly 6.5% to 7% market share from portable tools. Robert Bosch GmbH has nearly 4.7% to 5% revenue share from portable tools.
The competitive landscape section of the report includes information on market share by company, product strategy, business strategy, and go-to-market strategy, relative strength of markets across regions, including information on headquarters and major manufacturing locations.
Ask Our Industry Expert about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=1576
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
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 Global Portable Tools Market: Emerging Economies Expected to Influence Growth until 2026| Key Players - Akar Tools , Apex Tools Group , Atlas Copco , Channellock , Emerson Electric , Fiskars Group , General Tools & Instruments here
News-ID: 1485870 • Views: 129
More Releases from Fact.MR
PCR and Real-time PCR Molecular Diagnostics Market to Surpass US$ 6 Bn by 2030, …
As per data from the World Health Organization, millions of deaths can be attributed to diseases such as cancer and HIV each year. Further, the recent outbreak of the COVID-19 virus has also created massive demand for effective diagnostics processes. The PCR and real-time PCR molecular diagnostics market has been gaining traction in recent years on the back of investments by PCR diagnostic test manufacturers towards the incorporation of molecular
Biobanking Market to Soar to US$ 3.5 Bn by 2027, Notes Fact.MR
Biobanks are a type of repository which is used in the storage of biological samples, including human and animal tissues, which primarily find use in research applications. Consequently, the process of biobanking has become a very important part of medical research and has played a major role in modern science fields such as personalized medications, and genomics. The global biobanking market is expected to grow at a healthy CAGR of ~
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
More Releases for Portable
Global Portable Chargers Market Insights, Forecast
The Portable Chargers market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Portable Chargers. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=54087 Table of Contents: Table of Contents 1 Study Coverage 1.1
Global Portable Speakers Market Insights, Forecast
The Portable Speakers market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Portable Speakers Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=53684 Table of Contents: Table of Contents 1 Study Coverage 1.1
Portable Solutions Log Data Anywhere!
Grant Squirrel Data Loggers for In-Field Data Capture Ready to be deployed anywhere you need to collect data, Squirrel data loggers from Grant Instruments are rugged, reliable, and portable. Squirrel loggers feature a built-in display and keypad allowing users to configure and then leave them to collect data in almost any application including research, quality assurance, production monitoring, environmental, lab, and more. For specifications and more info, just call an Application Engineer
PORTABLE POWER SOURCE Market 2021 Development Trends
ReportsWeb.com has announced the addition of the “Global PORTABLE POWER SOURCE Market Professional Survey Report 2017” The report focuses on global major leading players with information such as company profiles specification. This report studies PORTABLE POWER SOURCE in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022 This report
Global Portable Diagnostic Device Market
Information and communication technologies (ICT) are widely used in healthcare industry and have led to significant advancements in ICT based medical devices. Such developments will significantly reduce the office visits in the near future. Portable medical diagnostic devices enable the user to perform diagnosis at home, clinic or any remote area including a suggestion for medication and recommendation to see a doctor thereby reducing potential health risk. These devices are
Global Portable Fluid Chiller Market
Portable Fluid Chiller Market: Drivers and Restraints The global portable Fluid Chiller market is expected to grow at a significant CAGR due to the increasing demand from various end-use industries for low and ultra-low temperature as well as process cooling. The growing preference from various end-use industries such as automotive, chemical processing, semiconductor, etc. is expected to create significant demand for portable fluid chiller market over the forecast period. The growth