Global Power Tool Market is Expected to Reach $46.21 billion by 2023

Report Sellers has added a new market research report “Power Tool - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Power Tool Market is accounted for $29.63 billion in 2016 and is expected to reach $46.21 billion by 2023 growing at a CAGR of 6.5% during the forecast period. Factors such as rising demand in housing funds, change in lifestyle and growing demand of automation are fueling the market growth. However, rising concerns for human security is hampering the market. Growth in emerging economies provides ample of opportunities for the market growth.

By mode of operations, pneumatic power tools segment is anticipated to hold the largest market share during the forecast period attribute to the huge price and unavailability of compressed air cylinders. By geography, North America commanded the largest market share during the forecast period due to the growing construction, manufacturing, and automotive industries in this region.

Some of the key players in Power Tool market include Danaher Corporation, Stanley Black & Decker, Inc., Allied Trade Group (ATG) Stores, Husqvarna, Freudenberg, Robert Bosch GmbH, Casal Power Tools, Apex Tool Group LLC, Klein, Techtronic Industries Co. Ltd., Emerson Electric Co., Hitachi Koki Co., Ltd., Makita Corporation, Atlas Copco and Craftsman.

Browse through the complete description and in-depth TOC on “Global Power Tool Market”
https://www.reportsellers.com/market-research-report/Power-Tool---Global-Market-Outlook-2017-2023      

What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends

Report Scope

Global Power Tool Market has been segmented by polymer types covered, technologies covered, products covered, end users covered and regions covered

Power Sources Covered:
Cordless Electric Power Tools
Corded Electric Power Tools

Applications Covered: 
Electronic
Automobile
Aerospace
Semiconductors
Construction
Other Applications

Mode of Operations Covered:
Hydraulic Power Tools 
Pneumatic Power Tools 
Electric Power Tools 
o Planers and Routers
o Polishers and Grinders
o Screwdrivers
o Drills
o Sanders
o Impact Wrenches
o Saws
o Other Electric Power Tools
Powder-actuated Power Tools 
Engine Driven Power Tools 
Other Mode of operations

End Users Covered:
Non-Residential
Residential

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE

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