Power Tools, Industry - Market Forecasts (2016-2021) with Industry Chain Structure and Investment Analysis
"Power
Tools Market By Technology (Electric, Pneumatic, Engine driver,
Hydraulic and Powder-actuated)"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Power
tools are primarily used in manufacturing and construction industry
for the purpose of reducing workload and increasing the output. These
tools have several types of operation such as drilling, chiseling,
sanding and screw driving among others. The market has been analyzed
to grow steadily due to the increasing need for infrastructure
development in emerging economies.
The
idea of DIY was previously restricted to the developed regions like
U.S. and the U.K. However, the changing lifestyle and increasing
disposable income in the emerging economies is driving the idea of
DIY thereby increasing the sale of power tools. In addition, the
manufacturing industry is gradually recovering from the economic
slowdown. This is return is creating a demand for the power tools
market in the industrial sector.
However,
one factor that is hampering the growth of power tools is the
additional maintenance cost associated with it. The power tools once
bought require continuous maintenance over a period of time, is
limiting the demand in the market. Moreover, in some case, the
contractors with limited funding take these tools on lease, which in
turn blocks new market for power tools especially in developing
nations. This factor is acting as a restraint for the market during
forecast period.
Company
profiles of the key players have also been included in the report.
The company profiles cover, the overview, key developments, financial
overview and business strategy of the players focusing on the power
tools market. In addition, the historical milestones and the business
segments have also been provided The key players profiled in the
power tools market include, Robert Bosch GmbH (Germany), Stanley,
Black & Decker, Inc. (U.S.), Emerson Electric Co.(U.K.), Makita
Corporation (Japan), Actuant Corporation (U.S.), SKF (Sweden),
Techtronic Industries (China), Hilti Corporation (Germany), Danaher
Corporation (U.S.) and Hitachi Koki Ltd (Japan).
Power Tools Market: By Technology
- Electric power tools
- Pneumatic power tools
- Engine driven power tools
- Hydraulic power tools
- Powder-actuated power tools
Power Tools Market: By Application
- Automobile
- Construction
- Aerospace
- Electronics
Power Tools Market: By Geography
- North America
- U.S.
- Canada
- Europe
- U.K
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Rest of the World
- Latin America
- Middle East
- Africa
The report provides a cross-sectional analysis of
all the above segments with respect to the following regions:
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
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