Press release
Global Power Tools Market Report 2022 : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape 2031
Power Tools Market
The regions covered in the power tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The power tools market consists of sales of power tools by entities (organizations, sole traders, and partnerships), that is used to speed up the completion of tasks that would take much longer with traditional tools. The power tools contain a different range of energy-efficient tools that run on electricity, internal combustion, and compressed air. Equipment that is driven by a mechanism or source other than the human body is termed a power tool. The most typical source of power for these tools is an electric motor base, and, there are a few that are fueled by gasoline.
Key competitors in the power tools market include Stanley Black & Decker Inc., Robert Bosch GmbH, Techtronic Industries Co. Ltd., Makita Corporation, Hilti Corporation, Atlas Copco, Ingersoll Rand, Snap-on Incorporated, Apex Tool Group, Hitachi Koki Ltd, Emerson Electric Co, Enerpac Tool Group, Carborundum Universal Limited, Electrex Power Tools, Husqvarna AB, Panasonic Corporation, Kyocera Corporation, and Ridgid Tools.
The global power tools market size is expected to grow from $32.26 billion in 2021 to $35.40 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The global power tool market size is expected to grow to $45.77 billion in 2026 at a CAGR of 6.6%.
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TBRC's Report Segments The Global Power Tools Market:
1) By Tool Type: Drilling and Fastening Tools, Demolition Tools, Routing Tools, Sawing and Cutting Tools, Material Removal Tools, Others
2) By Mode of Operation: Electric, Pneumatic, Others
3) By Distribution Channel: Online, Offline
4) By Application: Construction, Automotive, Aerospace, Energy, Electronics, Others
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The Table Of Contents Includes:
1. Executive Summary
2. Power tools Market Characteristics
3. Power tools Market Trends And Strategies
4. Impact Of COVID-19 On Power tools Market
5. Power tools Market Size And Growth
.....
27. Power tools Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Power tools Market
29. Power tools Market Future Outlook And Potential Analysis
30. Appendix
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