At A CAGR Of 4.77% Global Power Tools Market Will Grow During The Period 2017-2021 | Apex Tool Group, Makita, Robert Bosch, Stanley Black & Decker, Techtronic Industries

Researchmoz added Most up-to-date research on "Global Power Tools Market 2017-2021" to its huge collection of research reports.

Power tools are mechanical or electromechanical equipment that draw electricity from an external power source, without the application of manual labor to achieve a specific action. Power tools are commonly used in the construction and manufacturing industries to perform activities such as drilling, sawing, grinding, screwing, and cutting. However, application areas for power tools are diverse and wide, depending on the end-user and the industry. Power tools are used to increase the efficiency of manual operations, thereby increasing worker productivity and saving time. There are also several end-user applications that require the use of customized power tools to perform specific tasks.

Technavios analysts forecast the global power tools market to grow at a CAGR of 4.77% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global power tools market for 2017-2021. To calculate the market size, the report considers the sales revenue.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Power Tools Market 2017-2021, 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
Apex Tool Group
Makita
Robert Bosch
Stanley Black & Decker
Techtronic Industries

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Other prominent vendors
ANDREAS STIHL
Atlas Copco
C. & E. Fein
CHERVON (China) Trading
Emerson Electric
Evolution Power Tools
Hilti
Hitachi Koki
Illinois Tool Works
INTERSKOL
JET Tools
Josch Group
Master Air Tool
Nemo Power Tools
Panasonic
Positec Tool
Snap-on
Triton Tools

Market driver
Rise in global construction and infrastructure development activities
For a full, detailed list, view our report

Market challenge
Volatility in prices of raw materials
For a full, detailed list, view our report

Market trend
Wireless battery charging technology
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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