Benelux power tools market to witness a moderate growth rate of 3.9% in terms of value during the forecast period (2016–2026)
Demand for power tools will continue to be strong from the construction sector, as Benelux’s housing sector witnesses another year of relative stability. The real estate sector in Benelux wasn’t as severely impacted by the crash of 2007-08, as it did not participate in the ‘bubble’ preceding the crash.
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/REP-GB-1570
Growth of the Benelux power tools market will also be supported by rising adoption in the Union’s automotive sector. While availability of durable and cost-effective power tools will drive overall demand, the growing DIY trend will ramp up adoption in the consumer segment. Increasing penetration of Chinese products is also expected to play an important role in driving sales in 2016 and beyond.
On the basis of mode of operation, electric power tools will continue to remain the highest selling power tools, with 5.8 million units expected to be shipped in 2016, up from 5.7 million units in 2015. On the other hand, pneumatic power tools, also known as air tools, will continue to gain popularity among DIYers, owing to their compact size and relatively lower price.
Netherlands will continue to be the largest market for power tools in Benelux, with total volume expected to reach 5.5 million units in 2016. The Netherlands power tools market is expected to be worth US$ 470.0 million by 2016-end, witnessing a growth rate of 3.7% in 2016 over 2015. Belgium, the second largest market for power tools in Benelux, will witness total sales worth 359.2 million in 2016.
Browse the full "Adoption of Power Tools in Benelux: Current Trends and Market Forecast, 2016 - 2026"
Robert Bosch GmbH, Atlas Copco AB, and Makita Corporation are the key global players in the Benelux power tools market. The key strategy of these players is enhancing product portfolio by manufacturing convenient, high-performance and advanced technology equipment. Metabowerke GmbH, FERM B.V., and Einhell Germany AG are prominent local players in the Benelux power tools market. Strong distribution networks and low cost are the go-to strategies of these players to compete with global players operating in Benelux power tools market.
Visit For TOC@ https://www.futuremarketinsights.com/askus/rep-gb-1570
Long-term Outlook: FMI forecasts the Benelux power tools market to witness a moderate growth rate of 3.9% in terms of value during the forecast period (2016–2026). In terms of volume, the market is anticipated to increase at 2.2% during the forecast period, 2016-2026.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Benelux power tools market to witness a moderate growth rate of 3.9% in terms of value during the forecast period (2016–2026) here
News-ID: 906256 • Views: 527
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Benelux
Benelux Power Tools Market to Register Substantial Expansion by 2026
A power tool utilizes a power source and mechanism, other than manual labor that is used for hand tools. Electric motors are the most common types of power tools. Such tools are used for construction, gardening, household tasks, drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and many other purposes. Report overview @ https://www.xploremr.com/report/1625/benelux-power-tools-market Power tools are categorized on the basis of power source into electric power operated tools (e.g.
Benelux and France Running Shoes Market Research Report 2017
QY Research Groups’ analysts estimate the Running Shoes Market to grow at a substantial CAGR during the forecast period. Why should the report be purchased? The report ‘Running Shoes Market Research Report 2017’ highlights key dynamics of Global Running Shoes sector. The potential of the sector has been investigated along with the key challenges. The current market scenario and future prospects of the sector has also been studied. Additionally, prime strategical
New Managing Director at WMD Benelux B.V.
Since April 1, 2016 Hans Willems (50) has been the new managing director at WMD Benelux B.V., based in Maastricht, the Netherlands. WMD Benelux B.V. was founded in 2006 as a subsidiary of WMD Vertrieb GmbH, headquartered in Ahrensburg near Hamburg, Germany. Hans Willems takes on the direction of WMD Benelux B.V. together with WMD Vertrieb GmbH. Married and the father of two children, he has worked for the WMD Group
LucaNet strengthens its presence in the Benelux countries
LucaNet is entering the Belgian market: on 1 March 2011 a new subsidiary opened. Strategically located in Mortsel, close to Antwerp in the heart of Flanders, LucaNet firstly aims to penetrate the Belgian market by attaining a solid client base in the Flemish region before expanding its sales activities into the Walloon region. The new subsidiary’s primary function is to carry out sales and implementation activities. Initially, After Sales Support
Rum Tours hosts event and incentive operators from the Benelux
Rum Tours, the Jordanian tourism company, organized a fam trip for representatives of the main events and incentives operators from the Netherlands, Belgium and Luxembourg to drive more MICE visitors to the country. By inviting event & incentive organizers from the Netherlands, Belgium and Luxembourg to experience Wadi Rum, Rum Tours tried to awake the interest in Jordan as a destination for creative events, incentives and meetings. Rum Tours led the
VAN ZALINGE now distributing ROTOCONTROL finishing machines in the Benelux
Ahrensburg, Germany (December 3, 2009) - Ralph Beier, International Sales Manager, today announced the signed distribution agreement with VAN ZALINGE who is now representing ROTOCONTROL rewinding and die cutting finishing machines for the narrow web industry throughout the Benelux. “As we continue to expand representation across Europe, VAN ZALINGE is a key distributor providing local support in 3 countries including Belgium, Netherlands and Luxembourg” states Ralph Beier. “Already, they