Press release
Electric Power Tools Market to reach USD 52 Bn by 2029, emerging at a CAGR of 8.5 percent and forecast 2023-2029
Electric Power Tools Market
Maximize Market Research Pvt Ltd, a leading market research firm, has published an extensive report on the electric power tools market. This report covers market values, growth drivers, restraints, regional insights, and more.
The report's findings are based on rigorous research methods, including data collection, analysis, and market assessment, ensuring accurate and reliable insights.
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Electric Power Tools Market Dynamics:
Electric power tools have transformed industries such as construction and automotive, offering time and labor savings for tasks ranging from screwdriving to sawing. Constant technological advancements and their user-friendly nature have also driven their popularity in household applications. The compact size and easy accessibility of these tools have further fueled their adoption in everyday tasks like drilling and cutting.
Electric power tools have revolutionized the construction, automotive, and other industries by saving time and effort in various operations, from screw driving to complex tasks like sawing and breaking. Continuous upgrades in electric power tools contribute to increased demand. Their user-friendly nature has made them popular even among non-professional users, particularly in household applications. The compact size and easy availability further promote their adoption in everyday tasks such as drilling and cutting.
Electric Power Tools Market Regional Insights:
In 2022, North America led the global electric power tools market in terms of revenue, closely followed by Europe. The North American market's growth can be attributed to increased adoption of electric power tools in the construction industry, the integration of brushless motors, and the popularity of cordless options. Europe, with its strong manufacturing presence and focus on automotive, aerospace, and defense industries, also contributed significantly to the market.
For more detailed information on the electric power tools market, including technological innovations, segment analysis, and key market players such as Stanley Black & Decker, Techtronic Industries, Robert Bosch, Hilti Corporation, Makita Corporation, Hikoki, and Koki Holding, Co., Ltd., please refer to the full research report by Maximize Market Research Pvt Ltd.
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Electric Power Tools Market Segmentation:
by Product Type
1. Corded
2.Cordless
by End User Industry
1. Construction
2. Automotive
3. Aerospace
4. Others
by Tool Type
1. Drilling & Fastening Tools
2. Demolition Tools
3. Sawing & Cutting Tools
4. Material Removing Tools
by Motor Type
1. Brushed
2. Brushless
by Application
1. Industrial
2. DIY
Electric Power Tools Market Key Players:
1. Apex Tool Group
2. Atlas Copco AB
3. Hilti Corporation
4. Bostitch
5. Ingersoll Rand Inc.
6. Koki Holding, Co., Ltd.
7. Irwin
8. Lenox
9. Makita Corporation
10. Robert Bosch GmbH
11. DeWalt
12. Craftsman
13. Stanley Black & Decker, Inc.
14. Snap-on Incorporated
15. Vidmar
16. Techtronic Industries Co., Ltd.
17. Emerson Electric Co.
18. Hitachi Koki Holdings Co., Ltd.
19. Enerpac Tool Group
20. Mac Tools
More Related Reports:https://www.maximizemarketresearch.com/market-report/electric-power-tools-market/166391/
Table of content for the Electric Power Tools Market includes:
1. Global Electric Power Tools Market: Research Methodology
2. Global Electric Power Tools Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Electric Power Tools Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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