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Global Power Tools Market is Forecast to Reach a Value of USD 55,044.4 Million By 2030 with a Growing CAGR of 5.65% | Infinium Global Research
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Shaping Industries with Versatile Power Tools
Power tools, including portable and stationary variants, powered by electricity, come in various shapes and sizes, ensuring ease of operation across multiple industries. Tools such as drilling and fastening driving tools, demolition tools, sawing and cutting tools, material removal tools, and routing tools find application in construction, aerospace, automobile repair, and electronics industries, among others. Hammer drills, electric screwdrivers, and fast screw guns remain highly preferred choices.
The rising demand for efficiency and sophistication in automotive and construction sectors amplifies the demand for power tools. With a surge in automotive manufacturing and maintenance due to increased middle-class income and a burgeoning young population, power tools are essential for executing high-strength tasks, such as driving larger screws into tougher materials and cutting metal sheets. This robust demand prompts significant investments from global automakers, fostering market growth. Additionally, infrastructural developments across nations and advancements in cordless power tools further drive market expansion.
Regional Insights and Market Segmentation
North America emerges as the frontrunner in the global power tools market, owing to its booming reconstruction and automotive industries. The region hosts prominent manufacturers like Stanley Black & Decker, Inc., Apex Tool Group, and Delta Power Equipment Corporation, contributing significantly to market revenue. Simultaneously, the Asia Pacific market witnesses significant growth propelled by rapid infrastructural developments in countries like China, India, and Malaysia.
The report segments the global power tools market based on mode of operation (electric power tools, pneumatic power tools, and others), tool type (drilling and fastening/driving tools, demolition tools, sawing and cutting tools, material removal tools, routing tools, and others), and applications (industrial and residential).
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Power Tools Market Highlights
2.2. Power Tools Market Projection
2.3. Power Tools Market Regional Highlights
Chapter 3. Global Power Tools Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Mode of Operation
3.4.2. IGR-Growth Matrix Analysis by Tool Type
3.4.3. IGR-Growth Matrix Analysis by Applications
3.4.4. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Power Tools Market
Chapter 4. Power Tools Market Macro Indicator Analysis
Chapter 5. Global Power Tools Market by Mode of Operation
5.1. Electric Power Tools
5.1.1. Cord
5.1.2. Cordless
5.2. Pneumatic Power Tools
5.3. Other Mode of Operations
Chapter 6. Global Power Tools Market by Tool Type
6.1. Drilling and Fastening/Driving Tools
6.2. Demolition Tools
6.3. Sawing and Cutting Tools
6.4. Material Removal Tools
6.5. Routing Tools
6.6. Other Tool Types
Chapter 7. Global Power Tools Market by Applications
7.1. Industrial Applications
7.1.1. Electronics
7.1.2. Construction
7.1.3. Aerospace
7.1.4. Automobiles
7.1.5. Other Industrial Applications
7.2. Residential Applications
Chapter 8. Global Power Tools Market by Region 2023-2030
8.1. North America
8.1.1. North America Power Tools Market by Mode of Operation
8.1.2. North America Power Tools Market by Tool Type
8.1.3. North America Power Tools Market by Applications
8.1.4. North America Power Tools Market by Country
8.2. Europe
8.2.1. Europe Power Tools Market by Mode of Operation
8.2.2. Europe Power Tools Market by Tool Type
8.2.3. Europe Power Tools Market by Applications
8.2.4. Europe Power Tools Market by Country
8.3. Asia-Pacific
8.3.1. Asia-Pacific Power Tools Market by Mode of Operation
8.3.2. Asia-Pacific Power Tools Market by Tool Type
8.3.3. Asia-Pacific Power Tools Market by Applications
8.3.4. Asia-Pacific Power Tools Market by Country
8.4. RoW
8.4.1. RoW Power Tools Market by Mode of Operation
8.4.2. RoW Power Tools Market by Tool Type
8.4.3. RoW Power Tools Market by Applications
8.4.4. RoW Power Tools Market by Sub-region
Chapter 9. Company Profiles and Competitive Landscape
9.1. Competitive Landscape in the Global Power Tools Market
9.2. Companies Profiles
9.2.1. 3D Systems Corporation
9.2.2. EnvisionTEC
9.2.3. Stratasys Ltd
9.2.4. Arcam AB
9.2.5. Cyfuse Biomedical K.K.
9.2.6. Organovo Holdings, Inc.
9.2.7. EOS GmbH
9.2.8. FabRx Ltd.
9.2.9. Materialise NV
9.2.10. Concept Laser GmbH
9.2.11. Other Companies
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/1271
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of power tools.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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