What is the size of the global power tools market?

The global power tools market is expected to grow from USD 34.9 billion in 2020 to USD 48.6 billion by 2027, during the forecast period (2021 to 2027).

What is the power tools market growth?

The global power tools market is expected to grow at a CAGR of 4.8% from 2021 to 2027.

Which region accounted for the highest growth rate of power tools market?

Asia Pacific accounts for the highest CAGR during the forecast period in the power tools market.

Who are the key players in the power tools market?

Apex Group, Atlas Copco, Hilti Corporation, Robert Bosch GmbH, Koki Holding, Co., Ltd., Makita Corporation, Ingersoll Rand Inc., Stanley Black & Decker, Inc., Snap-on Incorporated, Techtronic Industries CO., Ltd., Emerson Electric Co. and Chervon (HK) Ltd are the key players in the global market of power tools.

What are the factors driving the power tools market?

Key factors that are driving the power tools market growth include rising expenditure on infrastructure development, increase in urbanization, and rising penetration of automation technologies will increase the demand for power tools during the forecast period.

What is the size of the global power tools market?

The global power tools market is expected to grow from USD 34.9 billion in 2020 to USD 48.6 billion by 2027 during the forecast period (2021 to 2027).

What are the power tools for market growth?

The global power tools market is expected to grow at a CAGR of 4.8% from 2021 to 2027.

Which region accounted for the highest growth rate of the power tools market?

Asia Pacific accounts for the highest CAGR during the forecast period in the power tools market.

Who are the key players in the power tools market?

Apex Group, Atlas Copco, Hilti Corporation, Robert Bosch GmbH, Koki Holding, Co., Ltd., Makita Corporation, Ingersoll Rand Inc., Stanley Black & Decker, Inc., Snap-on Incorporated, Techtronic Industries CO., Ltd., Emerson Electric Co., and Chervon (HK) Ltd are the key players in the global market of power tools.

What are the factors driving the power tools market?

Key factors driving the power tools market growth include rising expenditure on infrastructure development, increase in urbanization, and rising penetration of automation technologies will increase the demand for power tools during the forecast period.

Power Tools Market 2021

Industry Size, Regions, Emerging Trends, Growth Insights, Development Scenario, Opportunities, and Forecast By 2027

Power Tools Market by Mode of Operation (Pneumatic, Electric, and Others), by Tool Type, (Drills, Material Removal Tool, Saws, Wrenches, and Others), by Application (Industrial and DIY), and Region - Global Trends, Market Share, and Forecast to 2027

Region: Global | Format: Word, PPT, Excel | Report Status: Published

Power Tools Market

Power Tools Market 2021

Power Tools Market by Mode of Operation (Pneumatic, Electric, and Others), by Tool Type, (Drills, Material Removal Tool, Saws, Wrenches, and Others), by Application (Industrial and DIY), and Region - Global Trends, Market Share, and Forecast to 2027

Power Tools Market by Mode of Operation (Pneumatic, Electric, and Others), by Tool Type, (Drills, Material Removal Tool, Saws, Wrenches, and Others), by Application (Industrial and DIY), and Region - Global Trends, Market Share, and Forecast to 2027

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