Press release
Power Tools Market Offline Sales Are Expected To Account For 64.3% Of The Overall Share By 2031 End
The global power tools market size was valued at US$ 33.36 Bn in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% CAGR between 2021 and 2031. Tools that are activated using a power source apart from manual labor are termed as power tools.They are used in multiple applications such as production and assembly lines, maintenance and repair, packaging, and DIY jobs. Ease and efficiency of operation, reduced time and labor requirements, and easy portability are some of the prominent factors driving the demand for power tools across various industries.
The demand is predicted to leap as production activities surge around the sector. In keeping with fmi, production programs will account for max income in the market through the forecast period. Besides this, the rising fashion of do-it-yourself sports will fuel income possibilities for the market.
Request For Sample Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-760
Key Takeaways from Global Power tool Market Study
The power tools market will exhibit growth of 0.2% in 2021 over 2020 to reach 4,3%
The overall outlook remains positive as FMI forecasts the market to rise at ~5.1% between 2021 and 2031.
The U.S. is expected to spearhead growth in North America, accounting for over 62% of the overall share in the region in 2021
The U.K. is expected to exhibit 4.6% year-on-year growth between 2021 and 2031
The outlook for Italy and France is expected to remain positive over the forecast period
"The power tools market is witnessing a strong growth trend, attributing to increasing demand from various end use industries. Key industry participants are focusing on developing partnerships with regional distributors in order to gain a competitive advantage in the evolving global market. To comply with the advent of online sales channel, adoption of e-commerce will create extensive opportunities for market participants during the forecast period." says FMI analyst.
Global Power tool Market Competitive Landscape
The global power tools market is a highly competitive market owing to the presence large number of global and regional players operating in the market. Manufacturers are focusing on research and development for innovative improvements in their product portfolio, expansion in untapped markets coupled with developing their business via e-commerce platforms to gain a competitive edge. Some of the leading manufacturers in the power tool market are Robert Bosch GmbH, Stanley Black & Decker Inc., Makita Corporation, Techtronic Industries Company Limited, Koki Holding, Co., Ingersoll Rand Inc., Apex Tools, Hilti Corporation, Snap-on Incorporated, among others.
Request For Pdf Brochure@
https://www.futuremarketinsights.com/reports/brochure/rep-gb-760
Valuable Insights into Global Power Tools Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global power tools market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-to 2030. The study divulges compelling insights on the power tools market based on backing product type (drilling tools, fastening tool, heat gun, angle grinder, chain saw, orbital sander, jigsaw, impact wrench, circular saw), technology (electric and pneumatic), application (manufacturing, MRO services, DRO, construction), and sales channel (offline and online) across six regions (North America, Latin America, Europe, East Asia, South Asia, and the Middle East and Africa).
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Power Tools Market Offline Sales Are Expected To Account For 64.3% Of The Overall Share By 2031 End here
News-ID: 2702901 • Views: …
More Releases from Future Market insight

Global Bread Crumbs Market to Reach USD 2.16 Billion by 2035 Amid Rising Demand …
The global bread crumbs market is poised for significant growth, expanding from a valuation of USD 1.13 billion in 2025 to USD 2.16 billion by 2035. This growth trajectory, projected at a compound annual growth rate (CAGR) of 6.7%, is underpinned by shifting consumer preferences toward premium food ingredients, evolving culinary trends, and the continuous innovation of bread crumb products to align with dietary and health needs. Bread crumbs, a…

Fortified Eggs Market Poised for Strong Growth Through 2035 Amid Rising Health C …
The global fortified eggs market is on a steady upward trajectory as health and nutrition increasingly influence consumer preferences. Fortified eggs, enriched with essential nutrients such as omega-3 fatty acids, vitamin D, and other vitamins and minerals, have emerged as a popular functional food choice. These nutrient-rich eggs are produced by enhancing the diets of laying hens, resulting in eggs that offer additional health benefits. As consumers seek convenient yet…

Pharmaceutical Glass Tubing Market Poised for Strong Growth: Industry Trends, Ke …
The global pharmaceutical glass tubing market is set to grow significantly, with a projected market value of USD 15.2 billion in 2024 and an anticipated compound annual growth rate (CAGR) of 3.9% through 2034. By the end of the forecast period, the market is expected to reach USD 22.2 billion. The market growth is being driven by increasing demand for injectable therapies, innovations in glass manufacturing, and the growing focus…

Glass Tableware Market is Expected to Reach a Valuation of US$ 15 Billion by 203 …
The glass tableware market is predicted to be valued at US$ 11 billion in 2023 and US$ 15 billion by 2033. Over the projection period, sales in the glass tableware market are expected to increase at a CAGR of 3.1%. As environmental consciousness grows, consumers are increasingly opting for sustainable and eco-friendly products. In response, glass tableware manufacturers are focusing on using recycled materials, implementing energy-efficient manufacturing processes, and promoting recyclability. This emphasis on sustainability…
More Releases for Power
Thermal power Market is Gaining Momentum with Enel, TATA Power, Reliance Power
The Latest Released Thermal power market study has evaluated the future growth potential of Thermal power market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,…
Japan Power Market Outlook to 2030, Update 2018 – The Kansai Electric Power, C …
Japan Power Market
This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generation…
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E …
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental market’s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distribution…
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 …
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan.
The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,…
Fluid Power Systems Market SWOT Analysis by Key Players: Parker, Eaton, Tokyo Ke …
QY Research has lately published a new report on “Global Fluid Power Systems Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
The Fluid Power Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered…
New research on Medical Power Supply Market To 2022 Profiling SL Power Electroni …
This Global Medical Power Supply market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this…