Abstract
Summary
Middle East Portable Electric Power Tools Case Forecast to 2027
Market Overview
The Middle East portable electric power tools market is driven by growing demand for convenience and efficiency in operations and a significant reduction in labor and time requirements over the forecast period. Portable electric power tools are activated with a power source, either directly plugged or battery operated. These tools are used in multiple applications, including assembly lines and production facilities, MRO activities, packaging, and Do-It-Yourself (DIY) activities. The growing adoption of electric power tools in the construction and automotive industries will boost their demand over the forecast period. Automotive assembly and production involve a considerable number of fastening jobs, including bolts and joint holders. Power tools are crucial in saving time relating to repetitive tasks, along with boosting the overall efficiency. These tools are increasingly adopted by automotive manufacturers and repair and maintenance service providers for their time-saving and economic advantages. Similarly, the increasing use of sanders, drills, wrenches, among other tools in the construction sector, is expected to boost the adoption of portable electric power tools.
Additionally, technological innovations are expected to drive adoption, particularly in the cordless tools segment, as they provide convenience in mobility without the use of external power sources. However, the portable electric power tools market is anticipated to witness a descent in growth due to the setbacks experienced by the automotive and other industries caused by the outbreak of the COVID-19 pandemic. Nevertheless, the growing demand from household applications and the revival of industries soon is expected to upkeep the market growth over the forecast period.
Market Segmentation
A power tool is a device that is operated by a power source and mechanism apart from manual labor. Most of the power tool’s function using electric motors, internal combustion engines, and compressed air. The power tool accessories offered include drill bits, circular saws, batteries, hammer drills, and others designed by the manufacturers in different finish specifications. These products deliver consistently high performance and are majorly preferred for rugged and durable finish quality.
A portable electric power tool is operated by an electric motor which is used for machining of materials. These tools are used to mechanize manual operations such as fitting, installation, assembly, and finishing work. In the metalworking sector, these tools are widely used for metal chipping, where electric chipping hammers are employed. By type, the portable electric power tools market is segmented into two types: corded and cordless power tools.
Portable electric power tools are designed for a wide range of uses, which helps the user save time and effort. By end user, the portable electric power tools market has been segmented into industrial, professional, and household.
Regional Analysis
The report on the Middle East Portable Electric Power Tools market has been segmented, based on region, into Qatar, Kuwait, UAE, Saudi Arabia, Bahrain, Oman, Turkey, Lebanon, Iraq, Rest of the Middle East. Turkey is expected to lead the market followed by Saudi Arabia.
Major Players
Robert Bosch GmbH, TRUMPF, Stanley Black & Decker, Inc., Makita Corporation, Husqvarna, Hitachi Koki Co., Ltd, Hilti Corporation, Techtronic Industries Co., Ltd, and Milwaukee Tool are the major players in the Middle East Portable Electric Power tools market.
Table of Contents
1 EXECUTIVE SUMMARY
1.1 MARKET SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 RISING ADOPTION OF CORDLESS PORTABLE ELECTRIC POWER TOOLS IN THE MIDDLE EAST
4.2.2 RAPID GROWTH OF THE END-USE INDUSTRIES
4.2.3 INCREASED USE OF PORTABLE ELECTRIC POWER TOOLS IN HOUSEHOLDS
4.2.4 DRIVER IMPACT ANALYSIS
4.3 RESTRAINT
4.3.1 HIGH COST OF RAW MATERIALS AND MAINTENANCE
4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
4.4.1 SMART CONNECTIVITY IN PORTABLE ELECTRIC POWER TOOLS
4.5 IMPACT ANALYSIS OF COVID-19
4.5.1 IMPACT ON THE PORTABLE ELECTRIC POWER TOOLS INDUSTRY
- 4.5.1.1 IMPACT ON PRODUCTION
- 4.5.1.2 IMPACT ON SUPPLY CHAIN
- 4.5.1.3 IMPACT ON RAW MATERIALS
- 4.5.1.4 CASH FLOW CONSTRAINTS
5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES MODEL
5.1.1 THREAT OF NEW ENTRANTS
5.1.2 BARGAINING POWER OF SUPPLIERS
5.1.3 THREAT OF SUBSTITUTES
5.1.4 BARGAINING POWER OF BUYERS
5.1.5 INTENSITY OF RIVALRY
5.2 SUPPLY CHAIN ANALYSIS
5.2.1 DESIGN & DEVELOPMENT
5.2.2 RAW MATERIAL & COMPONENT SUPPLY
5.2.3 MANUFACTURING & ASSEMBLY
5.2.4 SUPPLY & DISTRIBUTION
5.2.5 APPLICATIONS
6 GLOBAL PORTABLE ELECTRIC POWER TOOLS MARKET, BY ACCESSORY
6.1 INTRODUCTION
6.2 BATTERIES
6.3 DRILL BITS
6.4 HAMMER DRILLS
6.5 CIRCULAR SAWS
6.6 OTHERS
7 MIDDLE EAST PORTABLE ELECTRIC POWER TOOLS MARKET, BY TYPE
7.1 INTRODUCTION
7.2 CORDED
7.3 CORDLESS
7.3.1 7V TO 12V
7.3.2 12V TO 18V
7.3.3 18V & ABOVE
8 MIDDLE EAST PORTABLE ELECTRIC POWER TOOLS MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 INDUSTRIAL
8.3 PROFESSIONAL
8.4 HOUSEHOLD
9 MIDDLE EAST PORTABLE ELECTRIC POWER TOOLS MARKET, BY REGION
9.1 OVERVIEW
9.2 SAUDI ARABIA
9.3 UAE
9.4 QATAR
9.5 OMAN
9.6 TURKEY
9.7 LEBANON
9.8 KUWAIT
9.9 IRAQ
9.10 BAHRAIN
9.11 REST OF THE MIDDLE EAST
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 MARKET SHARE ANALYSIS
10.3 COMPETITIVE BENCHMARKING
10.4 COMPETITOR DASHBOARD
10.5 KEY DEVELOPMENTS & GROWTH STRATEGIES
10.5.1 PRODUCT LAUNCHES/PRODUCT DEVELOPMENT/SERVICE DEPLOYMENTS
11 COMPANY PROFILES
11.1 ROBERT BOSCH GMBH
11.1.1 COMPANY OVERVIEW
11.1.2 FINANCIAL OVERVIEW
11.1.3 PRODUCTS OFFERED
11.1.4 KEY DEVELOPMENTS
11.1.5 SWOT ANALYSIS
11.1.6 KEY STRATEGIES
11.2 STANLEY BLACK & DECKER, INC
11.2.1 COMPANY OVERVIEW
11.2.2 FINANCIAL OVERVIEW
11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.2.4 KEY DEVELOPMENTS
11.2.5 SWOT ANALYSIS
11.2.6 KEY STRATEGIES
11.3 MAKITA CORPORATION
11.3.1 COMPANY OVERVIEW
11.3.2 FINANCIAL OVERVIEW
11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.3.4 KEY DEVELOPMENTS
11.3.5 SWOT ANALYSIS
11.3.6 KEY STRATEGIES
11.4 HILTI CORPORATION
11.4.1 COMPANY OVERVIEW
11.4.2 FINANCIAL OVERVIEW
11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.4.4 KEY DEVELOPMENTS
11.4.5 SWOT ANALYSIS
11.4.6 KEY STRATEGIES
11.5 MILWAUKEE TOOL
11.5.1 COMPANY OVERVIEW
11.5.2 FINANCIAL OVERVIEW
11.5.3 PRODUCTS OFFERED
11.5.4 KEY DEVELOPMENTS
11.6 HITACHI KOKI CO., LTD
11.6.1 COMPANY OVERVIEW
11.6.2 FINANCIAL OVERVIEW
11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.6.4 KEY DEVELOPMENTS
11.6.5 SWOT ANALYSIS
11.6.6 KEY STRATEGIES
11.7 TRUMPF
11.7.1 COMPANY OVERVIEW
11.7.2 FINANCIAL OVERVIEW
11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.7.4 KEY DEVELOPMENTS
11.7.5 KEY STRATEGIES
11.8 TECHTRONIC INDUSTRIES CO.LTD
11.8.1 COMPANY OVERVIEW
11.8.2 FINANCIAL OVERVIEW
11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.8.4 KEY DEVELOPMENTS
11.8.5 KEY STRATEGIES
11.9 HUSQVARNA
11.9.1 COMPANY OVERVIEW
11.9.2 FINANCIAL OVERVIEW
11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
11.9.4 KEY DEVELOPMENTS
11.9.5 KEY STRATEGIES