Global Power Tool Batteries Market 2017-2021

Global Power Tool Batteries Market 2017-2021

  • October 2017 •
  • 72 pages •
  • Report ID: 5166378 •
  • Format: PDF
About Power Tool Batteries

Power tool batteries are used to power cordless devices that are not receiving the power directly from the electric power source. These batteries are rechargeable batteries and provide better efficiency as well as runtime. There are mainly two types of battery used in battery-powered power tools: Li-ion battery and nickel battery. Nickel batteries are the oldest battery in the power tool batteries market; however, Li-ion batteries are witnessing rapid momentum and gaining the market share owing to their numerous advantages offered over nickel batteries, which is discussed in detail in the report.

Technavio’s analysts forecast the global power tool batteries market to grow at a CAGR of 8.12% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global power tool batteries market for 2017-2021. To calculate the market size, the report considers the new sales of batteries to power tools market and excludes the aftermarket.

The market is divided into the following segments based on geography:
• Americas

Technavio’s report, Global Power Tool Batteries Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• A123 Systems
• LG Chem
• Panasonic Industrial Devices & Solutions
• Sony

Other prominent vendors
• 2-Power
• Bosch
• BYD Company
• GS Yuasa International
• Hitachi Power Tools
• Johnson Matthey Battery Systems
• MatchBox Instruments
• TianJin Lishen Battery
• Valence Technology

Market driver
• Increase in consumer use of power tools
• For a full, detailed list, view our report

Market challenge
• High cost for cordless power tool equipment
• For a full, detailed list, view our report

Market trend
• Technological advances in power tool equipment
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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