Press release
Power Tools Global Market By Manufacturers, By Product Type, By Application, Technology, Regions, End User Opportunity Analysis And Industry Forecast, 2022-2031
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%.The Business Research Company offers the Power Tools Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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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.
Some key power tools market players are 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 countries covered in the global power tools market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global power tools market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Power Tools Market Segmentation:
1) By Tool Type
Drilling and Fastening Tools
Demolition Tools
Routing Tools
Sawing and Cutting Tools
Material Removal Tools
2) By Mode of Operation
Electric
Pneumatic
3) By Distribution Channel
Online
Offline
4) By Application
Construction
Automotive
Aerospace
Energy
Electronics
See more on the report at https://www.thebusinessresearchcompany.com/report/power-tools-global-market-report
The Report's 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
5. Power Tools Market Size And Growth
.....
26. Africa Power Tools Market
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
This report covers the trends and market dynamics of the power tools market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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