Press release
Die Grinder Market 2016 to grow at a CAGR of 6.85% during the period to 2020
A die grinder is a handheld power tool used for grinding, sanding, honing, polishing, or machining materials like metal, plastic, or wood. It is either powered by electricity or pneumatically driven. These power tools are useful for welders, boilermakers, ironworkers, sheet metal workers such as HVAC technicians, and other fabricators.
Global die grinder market to grow at a CAGR of 6.85% during the period 2016-2020.
Die grinders, also called rotary tools, cater to many applications in industries such as construction, woodworking, metalworking, engineering, and fabrication. Growth in these industries subsequently generates high demand for power tools, including die grinders.
Covered in this report
The report covers the present scenario and the growth prospects of the global die grinder market for 2016-2020. To calculate the market size, the report considers the demand for die grinders from end-user industries.
The market is divided into the following segments based on end-user:
• Metal Works Industry
• Automotive
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Global Die Grinder Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Atlas
• Bosch
• Danaher
• Hitachi Koki
• Makita
Other prominent vendors
• Apex Tool Group
• Milwaukee Tool
• Dewalt
• Walter Surface Technologies
• Grainger (MRO distributor)
• Ken Power Tools
• Kulkarni Power Tools
• Ingersoll Rand
• C. & E. Fein
• 3M
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Market driver
• Increased demand for electronics and electrical appliances
• For a full, detailed list, view our report
Market challenge
• Slowdown of Chinese economy
• For a full, detailed list, view our report
Market trend
• Replacement of Ni-Cd batteries with Li-ion batteries
• For a full, detailed list, view our report
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