Power Tools Market 2019 Global Key Country Analysis: Techtronic Industries, Snap-on, Hitachi Koki, Festool, and Otto Baier, Makita

Power Tools Market 2018

Power Tools Market 2018 is latest research report by MarketResearchFuture, the global Power Tools market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Power Tools Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. Power Tools Market Information is segmented by Type, Application & by Region - Global Forecast to 2023

The global power tools market is expected to grow at the CAGR of around 5.17% during the period 2017 to 2023.

The Prominent Key Players Key Players of Power Tools Are:
Robert Bosch Tool Corporation (Germany), Stanley Black & Decker, Inc. (U.S.), Makita Corporation (U.S.), Hilti Corporation (Liechtenstein), Husqvarna (Sweden), Techtronic Industries Co. Ltd (Hong Kong), Snap-on (U.S.), Hitachi Koki Co. Ltd. (Japan), Festool (Germany), and Otto Baier GmbH (Germany) are some of the leading players operating in this market.

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Global Power Tools Market by Type (Engine driven power tools, Electric power tools, Pneumatic power tools, Hydraulic power tools and others), Application (Household, Industrial, and Professional) & by Region - Global Forecast to 2023

Power Tool Global Market – Segmentation
The scope of global power tool market is segmented into three major segments which are explained below:

By Type

Engine-driven Power Tools

Electric Power Tools

Pneumatic Power Tools

Hydraulic Power Tools

Others

By Application

Industrial

Professional

Household

Regional Analysis of Global Power Tools Market:
North America is the leading market for global power tools market. Factors such as high labor cost and growth in the distribution channel are driving growth in the region. In North America, U.S. is the leading market with a share of 81.44% in 2016. While, Europe is expected to dominate the power tools market during the forecast period.

Industry News:
In March, 2017 - Stanley Black & Decker completed its acquisition with Newell Brands tools business to expand the product portfolio. This acquisition is will expand the presence of company in the global tools market. Moreover, the addition of Irwin, Lenox and Hilmor brands will enhance the company’s product portfolio. As a result, this will make a positive impact on the power tool industry to expand the market growth in the untapped regions.

In March, 2017 – Bosch Power Tools India announced to offer a complete range of power tools for construction, metalwork and woodwork industry. This new plant will produce millionth power tool from its Chennai facility which manufacture products such as angle grinders, rotary hammers, marble cutters, impact and rotary drills, air blowers including motors for all the tools. This expansion will result in expanding the market share of Bosch Power Tools in Indian market.

LIST OF FIGURES

TABLE 1 MARKET SYNOPSIS

TABLE 2 GLOBAL POWER TOOLS MARKET, BY TYPE, 2015–2023

TABLE 3 GLOBAL POWER TOOLS MARKET, BY APPLICATION, 2015–2023

TABLE 4 GLOBAL POWER TOOLS MARKET, BY REGION, 2015–2023

TABLE 5 NORTH AMERICA: POWER TOOLS MARKET, BY COUNTRY, 2015–2023

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LIST OF TABLES

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 DRIVERS AND RESTRAINTS OF GLOBAL POWER TOOLS MARKET

FIGURE 4 WORLD: INDUSTRY, VALUE ADDED

FIGURE 5 GROWTH OF U.S. OFFICE FURNITURE MARKET, 2013-2015

Continued…….

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