Application (Household, Industrial, and Professional) & by Region - Global Forecast to 2023

Market Synopsis of Global Power Tools:
Power tools are various types of tools and mechanical devices that operate when they are initiated by an additional power source and mechanism and not the manual labor used with hand tools. This could generally be electric motors, compressed or internal combustion engines.

The growth of global power tools market can be majorly attributed to increasing demand from industrial sector and rising demand from professional segment. Also, increasing usage of power tools for DIY & household activities is also expected to boost the market growth. However, factors such as fluctuation in raw material prices is the major restraint that could hinder the market growth.

The global power tools market is expected to grow at the CAGR of around 5.17% during the period 2017 to 2023.

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Study objectives of Global Power Tools Market:

To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global power tools market.
To provide insights about factors affecting the market growth
To analyze global power tools market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Asia-Pacific, North America, Europe, Rest of World.
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by type, by application, and by region.
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global power tools market.

Regional Analysis of Global Power Tools Market:
North America is the leading market for global power tools market. Factors such as high labor cost and growth in the distribution channelare driving growth in the region. In North America, U.S. is the leading market with a share of 81.44% in 2016. While, Europe is expected to dominate the power tools market during the forecast period.

Key Players:
Robert Bosch Tool Corporation (Germany), Stanley Black & Decker, Inc. (U.S.), Makita Corporation (U.S.), Hilti Corporation (Liechtenstein), Husqvarna (Sweden), Techtronic Industries Co. Ltd (Hong Kong), Snap-on (U.S.), Hitachi Koki Co. Ltd. (Japan), Festool (Germany), and Otto Baier GmbH (Germany) are some of the leading players operating in this market.

Target Audience:

Manufactures
Raw Materials Suppliers
Aftermarket suppliers
Research Institute / Education Institute
Potential Investors
Key executive (CEO and COO) and strategy growth manager
Product Analysis:

Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information:

Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators
Geographic Analysis:

Geographical analysis across 15 countries
Company Information:

Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies
The report for Global Power Tools Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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