64 billion. On account of surging demand, the revenue share of pneumatic power tools segment is expected to increase by nearly 1. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. In contrast, intense pricing competition and availability of cheap, unbranded power tools can pose challenges to overall growth. Rising housing investment, steady growth of automotive sales, and demand from semiconductor industry will continue to fuel the growth of the global power tools market during the forecast period 2015-2025. to leverage on the projected demand for power tools in these markets. Among these three sub-segments, demand for electric power tools is the highest. However, pneumatic power tools segment is expected to witness the highest growth rate during the forecast period. Send An Enquiry rep-gb-760Vendor Insights FMI’s report on the global power tools market offers detailed analysis on key players operating in this market. Power tools will continue to outsell hand tools, as need for faster completion of projects will influence buying decisions. The leading manufacturers in power tools market include Stanley Black & Decker Inc. Region-wise Insights on Power Tools MarketThe U. Recovery in North America’s housing sector and automotive growth in China and India will contribute to the growing demand for power tools.
Request For Sample sample/rep-gb-760Segment Analysis On the basis of end-use sector, FMI’s report has segmented the power tools market into industrial and household.ABOUT US:Future Market Insights (FMI) is a leading market intelligence and consulting firm. The leading distributors and DIY players covered in the report include Apex Tool Group LLC, DeWalt Industrial Tools, Channellock Inc.S.Global power tools market revenues are expected to surpass US 30 Bn Inverter with remote control suppliers in 2017, on account of resurgence in construction activity and all-pervasive DIY trend. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends., China, and India remain key for the growth of the power tools market. By 2025, global construction volume is projected to reach US 15 trillion, with nearly 60% of revenues expected to remain concentrated in China, India, and the U. Of the US 27. Demand for power tools will also be supported by their applications in house renovations and other DIY tasks.
In terms of revenues, North America is anticipated to remain the largest market, followed by Western Europe and Asia Pacific excluding Japan (APEJ)., Robert Bosch Gmbh, Techtronic Industries Company Limited, Actuant Corporation, Atlas Copco AB, Snap-on Incorporated, Danaher Corporation, SKF, Hitachi Koki Co., Allied Trade Group (ATG) Stores, Alltrade Tools LLC, Del City Wire, and Porter-Cable.S. Other major trends anticipated to shape up the market include a steady shift from corded to cordless and preference for Lithium-ion batteries vis-à-vis Ni-Cd batteries. The power tools market in Middle East & Africa (MEA) and Latin America are at a nascent stage, owing to which they are projected to increase at a high CAGR during the forecast period. Ltd. By mode of operation, the power tools market has been segmented into electric, pneumatic, and others. Demand for power tools is higher from the industrial segment vis-à-vis household, and the trend is expected to continue during the forecast period.58 billion worth of power tools sold in 2015, the industrial segment accounted for US 15. Leading power tools manufacturers are focusing on China, India, and the U. These three markets are collectively anticipated to grow at a robust pace during the forecast period and account for a significant share by 2025.S.5% to reach 29% by 2025.CONTACT:616 Corporate Way, Suite 2-9018,Valley Cottage, NY 10989,United StatesT:
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