Consumer & Luxury Goods Market Research News

New report: Worldwide power tools industry analysis to 2025

The tools used in garden, construction work, repairing activities and household task and are powered by external source are termed as power tools. Some of the most common tools used are powered by electric motor, IC - combustion engine or compressed air.

Examples of uncommon power tools includes those which are powered by steam engines, burning of fuels & propellants, and even natural power source such as wind & moving water. Power tools finds application in construction activities, housework such cooking, cleaning, cutting, drilling, painting, routing, and others.

Currently, growth of the power tools market is primarily driven by increasing investment in household works, rising automotive sales, and increasing urbanization. Investment in household work consist of rising DIY activities such as gardening and household repairing work.

Major players are also focusing in development of power tools aiming to cater to the demand of DIY users.

Request a Sample Report at

Based on region, U.S. is expected to hold the largest market share in the global power tools market with India and China being few of the fastest growing countries. One of the major trend identified in this market is the increase in customer preference for cordless power tools.

Cordless segment is primarily benefiting from the performance advantages in comparison to plug in segment of tools. Also, power tools seems to replace the demand for hand tools but not in every segment of use.

Hand tools still finds appealing due to increased durability of products which decrease the replacement demand thus inhibiting the growth of the market.

Power Tools Market Players:

  1. Stanley Black & Decker, Inc.
  2. Atlas Copco AB
  3. Robert Bosch GmbH
  4. Techtronic Industries Company Limited
  5. Danaher Corporation
  6. Makita Corporation
  7. Snap - on Incorporated
  8. Actuant Corporation
  9. Hitachi Koki Co. Ltd
  10. SKF

View Complete Report at

The objectives of this report are as follows:

-To provide overview of the global Power Tools market

-To analyze and forecast the global Power Tools market on the basis of product type

-To provide market size and forecast till 2025 for overall Power Tools market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries

-To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend

-To provide exhaustive PEST analysis for all five regions

-To profiles key Power Tools players influencing the market along with their SWOT analysis and market strategies

Some of the important players in Power Tools market are Stanley Black & Decker, Inc., Atlas Copco AB, Robert Bosch GmbH, Techtronic Industries Company Limited, Danaher Corporation, Makita Corporation, Snap - on Incorporated, Actuant Corporation, Hitachi Koki Co. Ltd, and SKF.

News From

The Insight Partners - Market Research FirmThe Insight Partners
Category: Market Research Publishers and RetailersCompany about: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by pr ...
This email address is being protected from spambots. You need JavaScript enabled to view it.