Power Tools Market: Top Companies and Size Insights 2024-2032

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Market Summary:

The “Power Tools Market Research Report Overview by 2024” market size is reached USD 26.61 billion by 2022 and it is expected to reach USD 36.82 billion by 2030 between the forecast period and expected Compound annual growth rate of 4.3% between the forcast period by (2022-2030).

The Power Tools Market has experienced substantial growth in recent years, driven by several key factors, including rising demand for its products, a widening customer base, and advancements in technology. This report offers an in-depth analysis of the market, covering aspects such as market size, trends, drivers and constraints, competitive dynamics, and future growth prospects.

Top Companies of Power Tools Market:

Most of the manufacturers in the market report are listed below:

• Robert Bosch GmbH (Germany)
• Stanley, Black & Decker, Inc. (U.S.)
• Hilti Corporation (Liechtenstein)
• Atlas Copco AB (Sweden)
• Makita Corporation (Japan)
• Emerson Electric Co. (U.S.)
• Hitachi Koki Ltd. (Japan)
• Ingersoll Rand (U.S.)
• Techtronic Industries Co. Ltd. (Hong Kong)
• Enerpac Tool Group (U.S.)

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Segmentation:

Power Tools Market Size, Share & COVID-19 Impact Analysis, By Mode of Operation (Electric, Pneumatic and Others), By Tool Type (Drilling & Fastening Tools, Material Removal Tools, Sawing & Cutting Tools, Demolition Tools, and Others), By Application (DIY and Industrial) and Regional Forecast, 2023-2030

Market Coverage:

• Market Trends
• Market Breakup by Segment
• Market Breakup by Region
• Price Analysis
• Impact of COVID-19
• Market Forecast

The Power Tools Market report offers insights into the market landscape, which is further divided into sub-regions and countries. Alongside the market share for each country and sub-region, this section of the report highlights potential profit opportunities. Additionally, it details the market share and growth rate for each region.

Regional Analysis:

• North America (By Mode of Operation, Tool Type, Application, and Country)
  • U.S. (By Mode of Operation)
  • Canada (By Mode of Operation)
• Europe (By Mode of Operation, Tool Type, Application, and Country)
  • Germany (By Mode of Operation)
  • U.K. (By Mode of Operation)
  • France (By Mode of Operation)
  • Rest of Europe
• Asia Pacific (By Mode of Operation, Tool Type, Application, and Country)
  • China (By Mode of Operation)
  • India (By Mode of Operation)
  • Japan (By Mode of Operation)
  • Southeast Asia (By Mode of Operation)
  • Rest of Asia Pacific
• Middle East & Africa (By Mode of Operation, Tool Type, Application, and Country)
  • South Africa (By Mode of Operation)
  • GCC (By Mode of Operation)
  • Rest of the Middle East & Africa
• Latin America (By Mode of Operation, Tool Type, Application, and Country)
  • Brazil (By Mode of Operation)
  • Mexico (By Mode of Operation)
  • Rest of Latin America

Report coverage:

• Key growth drivers, restraining factors, opportunities and potential challenges for the market.
• Complete knowledge of regional developments.
• List of major industry players.
• Key strategies adopted by market players.
• Recent industry developments include product launches, partnerships, mergers and acquisitions.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry’s potential and provide information that will help companies to make informed decisions. The Power Tools Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Industry Developments:

• Makita UK extended its outdoor power tools segment with its advanced ‘XGT 40VMax machines’. It includes UR002G 40VMax Cutter and 40VMax Hedge Trimmer that are brushless.
• Makita Corporation introduced an advanced nailer named 18 Gauge 2” Brad Nailer (AF506). It is a battery-operated power tool with better ergonomics. It can be used on hard and soft wooden surfaces.
• Hilti Corporation announced an expansion of its rotary hammer segment and combination portfolio with an introduction ‘TE 70-ATC/AVR’, the powerful SDS-Max-Combination Hammer. The newly presented tool delivers ~40% sooner concrete drilling.
• Robert Bosch GmbH introduced cult screwdriver ‘Ixo Classic’ that is utilized for precise screwdriving on sensitive materials. 30% shorter charging time attributed to the electronic updates results in re-use of this tool within two hours.

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