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Global Power Tools Market Size & Trends

Global Power Tools Market Size & Trends

Global Power Tools Market Size & Trends

According to a new market research report published by Global Market Estimates, the global power tools market is projected to grow at a CAGR of 9.3% from 2023 to 2028.
The increasing demand for automation and efficiency in various industries, the growing construction industry in emerging economies, and the growing popularity of Do-It-Yourself (DIY) projects are expected to support the growth of the market during the forecast period.

Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Power Tools Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/global-power-tools-market

By Product (Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools, Routing Tools, and Others), By Mode of Operation (Electric, Pneumatic, and Others), By Application (Industrial/Professional and Residential/DIY), and By Region (North America, Asia Pacific, Central & South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Key Market Insights
• As per the product outlook, the drilling and fastening tools is expected to be the largest segment in the global power tools market from 2023 to 2028.
• As per the application outlook, the industrial/professional is expected to be the largest segment in the global power tools market from 2023 to 2028.
• Asia Pacific region is analyzed to be the fastest-growing region in the market.
• North America is expected to hold the largest share of the market during the forecast period of 2023-2028.
• Andreas Stihl AG & CO. KG, Apex Tool Group, Atlas Copco, Robert Bosch GmbH, Hilti Corporation, Ingersoll-Rand, Makita Corporation, Snap-on Incorporated, Stanley Black & Decker, Techtronic Industries Co., Ltd., YAMABIKO Corporation, Panasonic Electric Works Europe AG, KEN Holding Co., Ltd., and Dynabrade Power Tools, among others, are some of the key players in the global power tools market.

By Product Outlook (Revenue, USD Billion, 2023-2028)
• Drilling and Fastening Tools
• Demolition Tools
• Sawing and Cutting Tools
• Material Removal Tools
• Routing Tools
• Others

By Mode of Operation Outlook (Revenue, USD Billion, 2023-2028)
• Electric
• Pneumatic
• Others

By Application Outlook (Revenue, USD Billion, 2023-2028)
• Industrial/Professional
• Residential/DIY

By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA

Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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