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Power Tools Market A Latest Research Report to Share Market Insights and Dynamics, 2016-2028 | Stanley Black & Decker, Robert Bosch, Techtronic Industries, Atlas Copco, Makita Corporation, Hilti Corporation, Concept Laser GmbH, 3D Systems Corporation

05-19-2020 01:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

QMI

QMI

This detailed market study covers power tools market growth potentials which can assist the stake holders to understand key trends and prospects in power tools market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global power tools market.

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A power tool is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. Using power tools simplifies human work reduces the burden of repetitive tasks and reduces the possibility of human errors and injury. It has advantages over other tools such as high speed, more effective and high efficiency.

Key Factor:
o The increasing trend of automation enabling enhanced returns on investments and cost optimization.
o Technological development increased the productivity of production.
o The rise in middle-class income and the young population are resulting in the growth of the market.

Key Developments:
o Aug 2019, Bosch launched cordless power tools with a lithium-ion battery for long time operation.
o Oct 2018, Milwaukee Electric Tool Corporation is a subsidiary of Techtronic Industries Co. Ltd. has announced the acquisition of the Imperial Blades business based in Sun Prairie, Wisconsin for use on oscillating multi-tools.
o Sep 2018, Craftsman brand re-launches with a full system of tools, accessories, and equipment.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Stanley Black & Decker
2. Robert Bosch
3. Techtronic Industries
4. Atlas Copco
5. Makita Corporation
6. Hilti Corporation
7. Concept Laser GmbH
8. 3D Systems Corporation
9. Envision TEC
10. Stratasys Ltd
11. Arcam AB
12. Cyfuse Biomedical K.K.
13. Organovo Holdings Inc.
14. EOS GmbH
15. FabRx Ltd.
16. Materialise NV

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Regional segmentation and analysis to understand growth patterns:
Geographically, the power tools market is analyzed across various regions such as North America, Western Europe, Asia-Pacific, Middle East and the Rest of the world. In North America and Western Europe are expected to dominate the global market due to significant growth in motor vehicle production & repair, construction, and manufacturing industries.

The Asia Pacific is the key market for power tools. The market in this region is expected to grow at the fastest rate during the forecast year. Some of the major driving factors driving the market growth such as rising urbanization, growing manufacturing industry, and increasing automotive sales. Some of the major countries such as China, India are witnessing a significant contribution to GDP growth.

This report provides:
1) An overview of the global market for power tools market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global power tools market .
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.
The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

Make an Inquiry for purchasing this Report @ https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-58731?utm_source=Openpr/SK

Market Segmentation:
By Mode of operation
o Electric power tools
? Drills
? Grinder
? Chippers
? Others

o Pneumatic power tools
Electric Power Tools by Power Source
o Corded electric power tools
o Cordless electric power tools

By Application
o Industrial
? Automotive
? Construction
? Aerospace
? Energy
? Shipbuilding
? Others
o Residential/DIY

By Region:
o North America
? By Country (US, Canada, Mexico)
? By Mode of Operation
? By Power Source
? By Application

o Western Europe
? By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
? By Mode of Operation
? By Power Source
? By Application

o Eastern Europe
? By Country (Russia, Turkey, Rest of Eastern Europe)
? By Mode of Operation
? By Power Source
? By Application

o Asia Pacific
? By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
? By Mode of Operation
? By Power Source
? By Application

o Middle East
? By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
? By Mode of Operation
? By Power Source
? By Application

o Rest of the World
? By Region (South America, Africa)
? By Mode of Operation
? By Power Source
? By Application

Reasons to Buy This Report:
o Market size estimation of the power tools market on a regional and global basis
o Unique research Usage for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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