Global Power Tools Market Analysis 2020 Trends, Industry Growth, Opportunities Forecast To 2024

“Power Tools Market Overview, Trend and Forecast to 2025”
Wiseguyreports.Com Adds “Power Tools -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database

Power Tools Industry

Description

Wiseguyreports.Com Adds “Power Tools -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database

The global power tools market is estimated to reach US$57.4 billion in 2024, growing at a CAGR of 5.18% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, growing urban population, growing spending on construction and infrastructure projects, growing adoption of cordless power tools, growing automotive industry and rising remodeling and renovation projects are expected to drive the market. However, growth of the industry will be challenged by high maintenance cost of power tools and fluctuations in raw material prices. A few notable trends include advances in lithium batteries, growth of DIY activities and smart and connected power tools.

The global power tools market is segmented into electric, pneumatic and others. The global power tools market is highly dominated by electric power tools owing to its application in construction as well as manufacturing activities.

The global power tools market is expected to grow in future due to rising infrastructural developments, growing urbanization and rising industrialization. In terms of region, North America is the major contributor to the global power tools market supported by increasing demand for power tools among industrial and residential sectors. Asia Pacific represents the fastest growing market for power tools with rapid increase in the industrialization and urbanization across China, India, and Southeast Asian countries.

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The competitive landscape of the market, along with the company profiles of leading players (Bosch Limited, Stanley Black & Decker, Inc., Techtronic Industries Co. Ltd., Makita Corporation, Hilti Corporation and Hitachi, Ltd.) are also presented in detail.

Scope of the report:

• The report provides a comprehensive analysis of the global power tools market, segmented into electric, pneumatic and others.
• The major regional markets (North America, Europe and Asia Pacific) have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

Key Target Audience:

• Power Tools Manufacturers
• Construction Industry
• Automotive Industry
• Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities

 

Table of Content

1. Market Overview

1.1 Power Tools
1.2 Common Types of Power Tools
1.3 Segmentation of Power Tools
1.4 Distribution of Power Tools

2. Impact of COVID-19

2.1 Decline in Global GDP Growth
2.2 Rise in Unemployment
2.3 Fall in Aviation Industry
2.4 Decline in Global Trade
2.5 Trade in Medical Goods
2.6 Decline in Manufacturing Production
2.7 Crisis in Tourism Sector
2.8 Accelerating Poverty
2.9 Disruption in Education Sector

3. Global Market Analysis

3.1 Global Power Tools Market by Value
3.2 Global Power Tools Market Forecast by Value
3.3 Global Power Tools Production Volume
3.4 Global Power Tools Production Volume Forecast
3.5 Global Power Tools Market by Segment
3.5.1 Global Electric Power Tools Market by Value
3.5.2 Global Electric Power Tools Market Forecast by Value
3.6 Global Power Tools Market by Energy Sources
3.6.1 Global Cordless Power Tools Market by Value
3.6.2 Global Cordless Power Tools Market Forecast by Value
3.6.3 Global Cordless Power Tools Cost Breakdown
3.7 Global Power Tools Market by Application
3.8 Global Power Tools Market by End Users
3.9 Global Power Tools Market by Raw Materials
3.10 Global Power Tools Market by Region

4. Regional Power Tools Market Analysis

4.1 North America
4.1.1 North America Power Tools Market by Value
4.1.2 North America Power Tools Market Forecast by Value
4.2 Europe
4.2.1 Europe Power Tools Market by Value
4.2.2 Europe Power Tools Market Forecast by Value
4.3 Asia-Pacific
4.3.1 Asia-Pacific Power Tools Market by Value
4.3.2 Asia Pacific Power Tools Market Forecast by Value
4.3.3 China Power Tools Production Volume
4.3.4 China Power Tools Production Volume Forecast

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5. Market Dynamics

5.1 Growth Drivers
5.1.1 Increasing Per Capita Disposable Income
5.1.2 Growing Urban Population
5.1.3 Growing Spending on Construction and Infrastructure Projects
5.1.4 Growing Adoption of Cordless Power Tools
5.1.5 Growing Automotive Industry
5.1.6 Rising Remodeling and Renovation Projects
5.2 Key Trends & Developments
5.2.1 Advances in Lithium Batteries
5.2.2 Growth of DIY Activities
5.2.3 Smart and Connected Power Tools
5.3 Challenges
5.3.1 High Maintenance Cost of Power Tools
5.3.2 Fluctuations in Raw Material Prices

6. Competitive Landscape

6.1 Global Power Tools Market
6.1.1 Key Players – Revenue Comparison
6.1.2 Key Players – Market Cap Comparison
6.1.3 Global Power Tools Market Share by Company
6.1.4 Global Power Tools Market –Brand Comparison
6.1.5 Global Power Tools Market –Competitive Landscape

7. Company Profiles

7.1 Bosch Limited
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies

7.2 Stanley Black & Decker, Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies

7.3 Techtronic Industries Co. Ltd.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies

7.4 Makita Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies

7.5 Hilti Corporation
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies

7.6 Hitachi, Ltd
7.6.1 Business Overview
7.6.2 Financial Overview
7.6.3 Business Strategies

List of Figures

Power Tools Segmentation
Distribution channels in Power Tools Market
Global GDP Growth Rate (2005-2020)
Unemployment Based on Income Groups (2020)
Monthly Passenger Traffic (2019-2020)
Global Merchandise Trade Values (2019-2020)
International Tourists Arrival (2020)

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