Abstract
Summary
Power Tools Market Research Report Forecast Till 2030
Market Overview
Power Tools Market is anticipated to register a healthy CAGR of 5.9% during the review period. Expanding industrialization across the globe and ascend in Do-It-Yourself exercises and family uses of power tools are driving the market development.
Power tools are a crucial instrument of industrialization as they help in the large-scale manufacturing of merchandise in a much-diminished time and better quality. The worldwide modern result has been seeing an expansion in significant economies like the US, China, Japan, Germany, India, South Korea, the Assembled Realm, Italy, and France. The development thusly brings about an expansion sought after for natural substances, tools, and work. The wide use of power tools going from development, fabricating, aviation, hardware, oil and gas, and power age areas which are couple encountering development in various regions of the planet helps the requirement for advancement and mechanical upgradation of power tools. As experts are searching for power tools arrangements that can help them in lessening an opportunity to follow through with the task, expanded security highlights, and convenience. The central participants are improving and sending off new items to meet the rising modern necessities, for example, Ingersoll Rand Inc., sent off new cordless wrenches in particular W9691 and W9491 that offer most extreme strength and extreme adaptability with 3-speed and force settings.
Market Segmentation
Drilling Tools, Cutting/Sawing Tools, Fastening Tools, Breaker Tools, and Others are the two segments of the Power Tools market.
The market is split into electric, hydraulic, pneumatic, and other categories based on mode of operation.
Mobility has separated the Power Tools Market data into two categories: fixed and portable. The market is separated into three segments based on application: residential, commercial, and industrial.
Regional Insights
North America is one of the solid agricultural nations which has been recognized for its development, and industrialization. North American nations like the US, Canada, Mexico, and Costa Rica saw solid arising enterprises with high development rates. These nations have thrived with robotization enterprises, development and material, oil and gas, and materials. Bringing about the normal usage of power tools in these enterprises has broadened their abilities.
The expanded industrialization in created nations like Germany, France, UK, Italy, and Russia has consistently upheld the advancement of different assembling sections. Developing economies in European nations like Germany, the UK, and Eastern Europe nations have been the key regions that are continually developing. The developing populace and their rising interest have made the extension for advancement. Bringing about an expanded number of assembling offices across the region has assisted with helping the deals of these power tools.
Considering the gigantic base of assembling organizations in China, Japan, and India energetically represents the market development. Furthermore, the region which comprises of significant agricultural nations holds the bigger market for different enterprises. Because of the power tools market, the Asia Pacific region has revealed a prevalently developing region. The broadened populace in the region combined with the two biggest populated nations has arisen as the modern center point.
Major Players
Major players in the global market are Robert Bosch Power Tools GmbH (Germany), Stanley Black & Decker, Inc. (US), Ingersoll Rand, Inc. (US), Makita Corporation (Japan), Apex Tool Group (US), Snap-on Incorporated (US), Kyocera Corporation (Japan), Emerson Electric Co. (RIDGID TOOLS) (US), Hilti Corporation (Liechtenstein), and Atlas Copco AB (Sweden).
Table of Contents
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL POWER TOOLS MARKET, BY MACHINE TYPE
1.1.2 GLOBAL POWER TOOLS MARKET, BY MODE OF OPERATION
1.1.3 GLOBAL POWER TOOLS MARKET, BY MOBILITY
1.1.4 GLOBAL POWER TOOLS MARKET, BY APPLICATION
1.1.5 GLOBAL POWER TOOLS MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
3.1 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 INCREASING INDUSTRIALIZATION ACROSS THE GLOBE
4.2.2 RISE IN DIY ACTIVITIES AND HOUSEHOLD APPLICATIONS OF POWER TOOLS
4.2.3 GROWING POPULARITY OF CORDLESS POWER TOOLS
4.2.4 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINT
4.3.1 EXPENSIVE PRICING AND HIGH MAINTENANCE COSTS
4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 TECHNOLOGICAL INNOVATIONS
4.4.2 GROWING PREFERENCE FOR SUSTAINABLE PRODUCTS
4.4.3 SCOPE FOR GROWTH IN THE ASIA-PACIFIC REGION
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 DESIGN AND DEVELOPMENT
5.1.2 RAW MATERIALS/COMPONENT SUPPLY
5.1.3 COMPONENT ASSEMBLY
5.1.4 DISTRIBUTION
5.1.5 END USERS
5.2 PORTER'S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
5.3 COVID-19 IMPACT ANALYSIS
5.3.1 IMPACT ON PRODUCTION
5.3.2 IMPACT OF SUPPLY CHAIN
5.3.3 IMPACT ON A SUPPLY-DEMAND IMBALANCE
5.3.4 IMPACT ON PRICING
6 GLOBAL POWER TOOLS MARKET, BY MACHINE TYPE
6.1 OVERVIEW
6.1.1 GLOBAL POWER TOOLS MARKET ESTIMATES & FORECAST, BY MACHINE TYPE, 2020-2030
6.2 DRILLING TOOLS
6.2.1 DRILLING TOOLS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
6.3 CUTTING/SAWING TOOLS
6.3.1 CUTTING/SAWING TOOLS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
6.4 FASTENING TOOLS
6.4.1 FASTENING TOOLS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
6.5 BREAKER TOOLS
6.5.1 BREAKER TOOLS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
6.6 OTHERS
6.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
7 GLOBAL POWER TOOLS MARKET, BY MODE OF OPERATION
7.1 OVERVIEW
7.1.1 GLOBAL POWER TOOLS MARKET ESTIMATES & FORECAST, BY MODE OF OPERATION, 2020-2030
7.2 ELECTRIC
7.2.1 ELECTRIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
7.3 HYDRAULIC
7.3.1 HYDRAULIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
7.4 PNEUMATIC
7.4.1 PNEUMATIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
7.5 OTHERS
7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
8 GLOBAL POWER TOOLS MARKET, BY MOBILITY
8.1 OVERVIEW
8.1.1 GLOBAL POWER TOOLS MARKET ESTIMATES & FORECAST, BY MOBILITY, 2020-2030
8.2 STATIONERY
8.2.1 STATIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
8.3 PORTABLE
8.3.1 PORTABLE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
9 GLOBAL POWER TOOLS MARKET, BY APPLICATION
9.1 OVERVIEW
9.1.1 GLOBAL POWER TOOLS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030
9.2 RESIDENTIAL
9.2.1 RESIDENTIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
9.3 COMMERCIAL
9.3.1 COMMERCIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
9.4 INDUSTRIAL
9.4.1 INDUSTRIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
10 GLOBAL POWER TOOLS MARKET, BY REGION
10.1 OVERVIEW
10.1.1 GLOBAL POWER TOOLS MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA POWER TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030
10.2.2 NORTH AMERICA POWER TOOLS MARKET ESTIMATES & FORECAST, BY MACHINE TYPE, 2020-2030
10.2.3 NORTH AMERICA POWER TOOLS MARKET ESTIMATES & FORECAST, BY MODE OF OPERATION, 2020-2030
10.2.4 NORTH AMERICA POWER TOOLS MARKET ESTIMATES & FORECAST, BY MOBILITY, 2020-2030
10.2.5 NORTH AMERICA POWER TOOLS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030
10.2.6 US
10.2.7 CANADA
10.2.8 MEXICO
10.3 EUROPE
10.3.1 EUROPE POWER TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030
10.3.2 EUROPE POWER TOOLS MARKET ESTIMATES & FORECAST, BY MACHINE TYPE, 2020-2030
10.3.3 EUROPE POWER TOOLS MARKET ESTIMATES & FORECAST, BY MODE OF OPERATION, 2020-2030
10.3.4 EUROPE POWER TOOLS MARKET ESTIMATES & FORECAST, BY MOBILITY, 2020-2030
10.3.5 EUROPE POWER TOOLS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030
10.3.6 GERMANY
10.3.7 UK
10.3.8 FRANCE
10.3.9 SPAIN
10.3.10 ITALY
10.3.11 REST OF EUROPE
10.4 ASIA-PACIFIC
10.4.1 ASIA-PACIFIC POWER TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030
10.4.2 ASIA-PACIFIC POWER TOOLS MARKET ESTIMATES & FORECAST, BY MACHINE TYPE, 2020-2030
10.4.3 ASIA-PACIFIC POWER TOOLS MARKET ESTIMATES & FORECAST, BY MODE OF OPERATION, 2020-2030
10.4.4 ASIA-PACIFIC POWER TOOLS MARKET ESTIMATES & FORECAST, BY MOBILITY, 2020-2030
10.4.5 ASIA-PACIFIC POWER TOOLS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030
10.4.6 CHINA
10.4.7 INDIA
10.4.8 JAPAN
10.4.9 AUSTRALIA & NEW ZEALAND
10.4.10 REST OF ASIA-PACIFIC
10.5 REST OF THE WORLD
10.5.1 REST OF THE WORLD POWER TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030
10.5.2 REST OF THE WORLD POWER TOOLS MARKET ESTIMATES & FORECAST, BY MACHINE TYPE, 2020-2030
10.5.3 REST OF THE WORLD POWER TOOLS MARKET ESTIMATES & FORECAST, BY MODE OF OPERATION, 2020-2030
10.5.4 REST OF THE WORLD POWER TOOLS MARKET ESTIMATES & FORECAST, BY MOBILITY, 2020-2030
10.5.5 REST OF THE WORLD POWER TOOLS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030
10.5.6 SOUTH AMERICA
10.5.7 MIDDLE EAST
10.5.8 AFRICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.1.1 MARKET STRATEGY ANALYSIS
11.2 COMPETITIVE BENCHMARKING
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL PRESENCE
11.2.3 STRATEGIC ALLIANCES
11.2.4 INDUSTRY EXPERIENCES
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.3.1 PRODUCT LAUNCH
11.3.2 PRODUCT DEVELOPMENT
11.3.3 ACQUISITION
11.3.4 PARTNERSHIP
11.3.5 EXPANSION
12 COMPANY PROFILES
12.1 INGERSOLL RAND
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS/SERVICES OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 SNAP-ON INCORPORATED
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 KEY STRATEGIES
12.3 KYOCERA CORPORATION
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 APEX TOOL GROUP (CLECO)
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 KEY STRATEGIES
12.5 EMERSON ELECTRIC CO. (RIDGID TOOLS)
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS/SERVICES OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 KEY STRATEGIES
12.6 ROBERT BOSCH GMBH
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 STANLEY BLACK & DECKER, INC
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS/SERVICES OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 MAKITA CORPORATION
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 SWOT ANALYSIS
12.8.6 KEY STRATEGIES
12.9 HILTI CORPORATION
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS/SERVICES OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 SWOT ANALYSIS
12.9.6 KEY STRATEGIES
12.10 ATLAS COPCO AB
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 KEY STRATEGIES
13 APPENDIX
13.1 REFERENCES