Manufacturing Industry Today
Global Power Tool Market is Expected to Reach $46.21 billion by 2023
Market Research Report on Global Power Tool Market
Published 13 April 2018
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
Request sample here https://www.reportsellers.com/market-research-report/Power-Tool---Global-Market-Outlook-2017-2023
We have a large number of reports in Manufacturing & Construction Industry which can be accessed in the following link: https://www.reportsellers.com/category/manufacturing-construction-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
For more information, contact
Report Sellers
Email: sales@reportsellers.com
Direct: +1-214-396-2385
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
Request sample here https://www.reportsellers.com/market-research-report/Power-Tool---Global-Market-Outlook-2017-2023
We have a large number of reports in Manufacturing & Construction Industry which can be accessed in the following link: https://www.reportsellers.com/category/manufacturing-construction-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
For more information, contact
Report Sellers
Email: sales@reportsellers.com
Direct: +1-214-396-2385
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