Global Power Tools Market Analysis & Trends - Industry Forecast to 2028

Global Power Tools Market Analysis & Trends - Industry Forecast to 2028

  • August 2020 •
  • 178 pages •
  • Report ID: 5954362 •
  • Format: PDF
The Global Power Tools Market is poised to grow strong during the forecast period 2018 to 2028.

Some of the prominent trends that the market is witnessing include an increase in customer preference for cordless power tools, smart connectivity in power tools, and increased demand for lithium-ion batteries.

Based on the mode of operation, the market is segregated into pneumatic, electric, hybrid power tools, engine driven power tools, liquid fuel tool, and other mode of operations. The electric segment is subdivided into corded and cordless. Other mode of operations segment is subcategorized into hydraulic and power-actuated. Depending on tool type, the market is categorized into demolition tools, material removal tools, drilling and fastening tools, routing tools, sawing and cutting tools, air-powered tools, electric cords and plugs, accessories, and other tool types.

The demolition tools segment is subdivided into rotary hammers/hammer drills/demolition hammers. The material removal tools segment is sub-classified into sanders/polishers/buffers and grinders. Grinders segment is subdivided into angle grinders and die and straight grinder. Drilling and fastening tools segment is sub-segmented into screwdrivers and nutrunners, impact wrenches, drills & fasteners, and impact drivers. The routing tools segment is subcategorized into routers/planers/joiners. Sawing and cutting tools are sub-classified into jigsaws, band saws, reciprocating saws, circular saws, and sheers and nibblers. Other tool types are subdivided into laser tools, heat guns, dust extractors, measuring and layout tools, and glue guns.

By end user, the market is fragmented into household, industrial/professional, gardening field, commercial carpenters, joiners and masonry service providers, and other end users. The industrial/professional segment is sub-segmented into automotive, aerospace, construction, shipbuilding, energy, semiconductors, and electronics.

On the basis of sales channel, the market is classified into offline sales and online sales. Offline sales are subcategorized into bulk suppliers and retail suppliers. Online sales are subdivided into B2C platform and B2B platform. Amongst material, the market is divided into wood/metal, concrete, glass, and brick/block. Based on the application, the market is classified into woodworking, welding, and metalworking.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
- Market opportunities and recommendations for new investments