Power Tools Market Grow With CAGR Of 5.4% | Focuses On Top Companies, Region And Opportunities
Power Tools Market report, published by Allied Market Research, forecasts that the global market is expected to garner $39,639 million by 2022, registering a CAGR of 5.4% during the forecast period 2016 to 2022.
Power tools have emerged as an ideal alternative to traditional hand tools, owing to their efficiency, convenience, cost-effectiveness, and flexibility. Increase in housing investment, steady growth of the automotive industry, and growth in demand from manufacturing and logistics industries are expected to fuel the market growth.
Take me to the full report: https://www.alliedmarketresearch.com/power-tools-market
Asia-Pacific is projected to be the fastest growing regional market during the forecast period due to higher adoption of power tools over hand tools in various industries and extensive growth in countries such as China and India.
Among end users, non-residential users are expected to be the key consumers of power tools. Growing construction, manufacturing, and aerospace industries in the developing nations demand for technologically advanced and innovative power tool design, thereby supplementing the non-residential sector market growth. However, the residential end-user segment is expected to grow at the fastest rate during the forecast period.
Key Findings of the Power Tools Market:
• The pneumatic power tools segment is expected to witness significant growth in the power tools market due to the growing adoption of this technology in the construction industry.
• North America is projected to exhibit a notable growth during the forecast period, owing to the upsurge in demand for power tools in automotive industries based out in the U.S. and Canada.
• The growth of the electric power tool segment is attributed to the increase in demand for advancements in battery technologies and upsurge infrastructural developments in developing countries.
To Speak with Our Research Experts: https://www.alliedmarketresearch.com/purchase-enquiry/1734
These industry players have focused on collaboration, acquisition, and partnership strategies, and have launched innovative solutions to increase their market share. For instance, in December 2015, Stanley Decker & Black Inc. acquired Jiangsu Guoqiang Tools Co., Ltd. ("GQ"), China. This acquisition facilitated the companys existing power tools product offerings and diversify its presence in the global market.
Table of Content:
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 POWER TOOLS MARKET, BY MODE OF OPERATION
CHAPTER 5 ELECTRIC POWER TOOLS MARKET, BY POWER SOURCE
Download Sample PDF of Report: https://www.alliedmarketresearch.com/request-sample/1734
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Power Tools Market Grow With CAGR Of 5.4% | Focuses On Top Companies, Region And Opportunities here
News-ID: 1903065 • Views: 185
More Releases from allied market research
At 9.7% CAGR, Infrared Detector Market Expected to Reach $466 Million By 2022 | …
According to a report published by Allied Market Research, titled, "Infrared Detector Market by Type (Thermal Detector and Photo detector), Spectral Range (Short-Wave IR, Medium-Wave IR, and Long-Wave IR), Application (Aerospace & Defense, Industrial, Medical, Automotive, Security, and Consumer Electronics) - Global Opportunity Analysis and Industry Forecasts, 2014-2022", the global infrared detector market is expected to reach $466 million by 2022 with a CAGR of 9.7% from 2016-2022. In the
Machine Vision System Market Projected to Reach $18.7 Billion By 2022 at a CAGR …
According to the report published by Allied Market Research, titled, "Global Machine Vision System Market by Component (Smart Camera, Embedded System, Frame Grabber, Lighting, and Lenses), Type (1D, 2D, and 3D Measurements), Application (Positioning, Identification, Verification, Measurement, and Flaw Detection), and Industry Vertical (Industrial, Healthcare, Electronics, Automotive, and Others) - Opportunity Analysis and Industry Forecast, 2014-2022", the machine vision system market was valued at $10.6 billion in 2015 and is
Compound Semiconductor Market Projected to Reach $142.59 Billion By 2023 at a CA …
According to a report published by Allied Market Research, titled, "Compound Semiconductor Market by Type (III-V Compound Semiconductors, II-VI Compound Semiconductors, Sapphire, IV-IV Compound Semiconductors, and Others), Deposition Technology (Chemical Vapor Deposition (CVD), Molecular Beam Epitaxy (MBE), Hydride Vapor Phase Epitaxy (HVPE), Ammonothermal, Liquid Phase Epitaxy (LPE), Atomic Layer Deposition (ALD), and Others), Product (Power Semiconductor, Transistors, Integrated Circuits (ICs), Diodes & Rectifiers, and Others), and Application (IT & Telecom,
Electronic Shelf Label Market Anticipated to Grow $2.16 Billion By 2026 at a CAG …
According to a report published by Allied Market Research, titled, "Electronic Shelf Label Market by Product Type (LCD, Segmented E-Paper, and Full-Graphic E-Paper), Component (Displays, Batteries, Transceiver, Microprocessors, and Others), Communication Technology (Radio Frequency, Infrared, Near Field Communication, and Others), and Store Type (Hypermarkets, Supermarkets, Non-Food Retail Stores, Specialty Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026", the electronic shelf label market size was valued at $624.70 million
More Releases for Power
Brisbane Power Electricians
Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and surrounds. We provide unparalleled 24 hour emergency electrical services to homes and businesses. Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and
Privacy through solar power
The vertical “Shadeplus” blind is to be operated via a new solar module Awnings are not only available as individual items, but also come in a double pack. One of these awnings protects against UV radiation and heat, and the other against glaring light. They achieve this with the assistance of solar power as a practical and simultaneously environmentally-friendly energy source The “pergola” by markilux has been available for quite some time
Temporary Power Generation/Power Rental Market Analysis by Leading Manufacturers …
A new research study from HTF MI with title Global Temporary Power Generation/Power Rental Market Size, Status and Forecast 2025 provides an in-depth assessment of the Temporary Power Generation/Power Rental including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Temporary Power Generation/Power Rental investments till 2022. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1191683-global-temporary-power-generation-power-rental-market-2 If you are involved in
Medical Power Market Medical Power Market
This report studies Medical Power 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. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Kuwait Power Market to have Surplus Power
Electricity plays a major role in the development of a region, and the electricity generation, transmission and distribution infrastructure serves as a measure of progress in the region. Energy in the form of electricity has become an indispensable part of our everyday lives. Nowadays, power generation uses a variety of sources ranging from fossil fuels like coal and oil, to renewable sources like wind and solar. The energy mix for
Connectivity for power-applications
Halver, 18 June 2015 – At the SPS IPC Drives 2014 in Nuremberg, the connector- and housing specialist ESCHA presented connectivity for power applications. The 4-pole M12x1 connectors are predestinated for power transmission and are available as of now. With the newly developed products identified as ‘Power S‘ or ‘Power T‘, ESCHA offers a consistent- and a qualitatively high-grade M12x1-connectivity portfolio for sensors-, data-, and power supply. The trend moves towards