Press release
Power Tools Market Growth, Analysis & Forecast, 2020–2027 | by Mode of Operation, Tool Type & Application
Power Tools Market
The global power tools market size was valued at $32,664.0 million in 2019, and is projected to reach $48,677.0 million by 2027, registering a CAGR of 4.8% from 2020 to 2027.
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The global power tools market is expected to grow at a substantial rate owing to a surge in popularity of DIY techniques, investments in infrastructural developments, and a rise in disposable income of people. During the past few years, India spent nearly one-ninth share of its GDP on infrastructural development activities, which is anticipated to escalatein the upcoming years. This growth in infrastructural improvement activities is anticipated to fuel the adoption of power tools in India.
Competition Analysis
The major participants profiled in the power tools market report include Atlas Copco AB, Emerson Electric Co., Hilti Corporation, Ingersoll-Rand plc, Koki Holdings Co., Ltd., Makita Corporation, Robert Bosch GmbH, Snap-on Incorporated, Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging power tools market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.
Extensive analysis of the power tools market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
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The global power tools market forecast from 2020 to 2027 is included in the report.
The key market players within power tools market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the power tools industry.
Key Segments
By Mode Of Operation
Electric
Corded Power Tools
Cordless Power Tools
Pneumatic
Others
By Tool Type
Drills
Saws
Wrenches
Material Removal Tool
Others
By Application
Industrial
Construction
Automotive
Aerospace
Others
Do-It-Yourself (DIY)
By Region
North America
Europe
Asia-Pacific
LAMEA
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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