Corded Power Tools Market Size, Top Companies, Trends, Growth Factors, and Forecast to 2027

Corded Power Tools Market documented by Market Intelligence data (MID) means to offer a coordinated and orderly methodology for the major aspects that have influenced the market in the past and the forthcoming market prospects on which the organizations can depend upon before investing. It furnishes with a reasonable examination of the market for better decision-making and assessment to put resources into it. The report analyses the elements and a complete detailed outlook of the main players that are probably going to add to the demand in the Corded Power Tools in the upcoming years.

The Corded Power Tools Market is expected to register a CAGR of xx% over the forecast period 2022-2027.

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The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Corded Power Tools Market growth. Some of the most conspicuous measures taken by the organizations are partnerships, mergers & acquisitions, and collaborations to extend their overall reach

Market Overview 

Increasing use of the instruments in residential applications is projected to escalate the market towards growth trajectories. The surge in popularity of the Do-it-Yourself (DIY) technique is observed as a trend globally. Moreover, the unavailability of household workers has forced people to take up DIY jobs for household repair and maintenance. House repair, gardening, etc. is easier with the help of user-friendly and ergonomic tools which has led to increased demand for these products. 

Major players in the Corded Power Tools Market are:

Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN

Recent Developments 

Hitachi’s largest acquisition to date was in 2021, when it acquired Thales’s Ground Transportation Systems for $1.9B. It’s largest disclosed sale occurred in 2011, when it sold HGST to Western Digital for $4.3B. Hitachi has acquired in 4 different US states, and 10 countries. The Company’s most targeted sectors include information technology (38%) and business services (13%).

On the basis of types, the global Corded Power Tools market from 2022 to 2027 is primarily split into:

Saws
Lawnmower
Angle Grinders
Hammer Drills
Others

 On the basis of applications, the global Corded Power Tools market from 2022 to 2027 covers:

Residential Applications
Construction Field
Industry Field
Gardening Field
Others

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Regional Analysis:

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2022-2027) of the following regions are covered:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

with sales, price, revenue, and market share from 2022 to 2027. All geographical markets ranging from emerging to current ones have been covered in the report. The global and regional conception evaluates the key factors, investment feasibility analysis, and SWOT analysis across various regions.

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The study objectives of this report are:

To study and analyse the global Corded Power Tools Market size (value and volume) by the company, key regions/countries, products and application, history data from 2016 to 2022, and forecast to 2027.
To understand the structure of the Corded Power Tools Market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
Focuses on the key global Corded Power Tools Market manufacturers, to define, describe, and analyse the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

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Report Features:                           

The report delivers a detailed view of the industry based on «Corded Power Tools Market size, market growth, and opportunities. The report also analyses market key aspects such as-

- Corded Power Tools Market structure: Overview, industry life cycle analysis, supply chain analysis

-Market environment analysis: Growth drivers and constraints, and SWOT analysis.

- Corded Power Tools Market trend and forecast analysis

- Corded Power Tools Market segment trend and forecast

-Competitive landscape and dynamics: Market share, product launches, etc.

-Attractive market segments and associated growth opportunities

-Emerging trends

-Strategic growth opportunities for the existing and new players

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