Astute Analytica’s recent research report includes a thorough analysis of the top participants in the worldwide power tools market, including their corporate identities and business strategies. This enables the report’s purchaser to get a thorough picture of the competitive landscape and develop market strategies accordingly.

The global Power Tools market is projected to witness a rise in revenue from US$ 31,994.7 Mn in 2021 to US$ 43,278.3 Mn by 2027. The market is registering a CAGR of 5.2% over the forecast period 2022-2027. 

The research thoroughly analyzes pricing, gross revenue (Mn), entry-level storage specs, and company profiles in a separate section with the top major players.

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Leading Competitors

The key players in the global power tools market are Robert Bosch GmbH, Stanley Black Decker, Inc., Hilti Corporation, Techtronic Industries Co. Ltd., and Makita among others. Through extensive research, it is found that big players have adopted various competitive strategies such as product development and collaboration with the OEMs in order to have a grip in the stabilized global market scenarios. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.

The Power Tools Market size section provides market revenue, taking into account both the market’s historical growth and future projections. The report also includes a variety of company profiles that are creating waves in their respective industries or have the potential to do so. Their profiles include the players’ market sizes, significant product launches, strategies, and other information.

The report details the overall market sales produced over time by a specific company. By factoring in product sales over a period and dividing them by the industry’s total sales over the same period, experts in the field determine to share.

The research examines the size of the global market now and its growth rates over five years. It also includes many kinds of segmentation, including geographic segmentation (North America, Europe, Asia-Pacific, etc.). Detailed market segment information aids in performance monitoring and crucial decision-making for expansion and profitability.

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Segmentation Analysis

Segmentation OverviewPower Tools Market Segmentation

The following are the different segments of the Global Power Tools Market:

By Tool Type segment of the Global Power Tools Market is sub-segmented into:

• Drilling and Fastening Tools
  • Drills
  • Screwdrivers and Nut-Runners
  • Wrenches
  • Drivers
• Demolition Tools
  • Demolition Hammer
  • Hammer Drill
  • Breaker
  • Rotary Hammer
  • Others
• Sawing and Cutting Tools
  • Circular Saws
  • Jigsaws
  • Multi-Cutter Saws
  • Chop Saws
  • Band Saws
  • Reciprocating Saws
  • Shears and Nibblers
• Material Removal Tools
  • Grinders
    • Die and Straight Grinder
    • Angle Grinder
    • Rotary Files
    • Bench Grinder
    • Pencil Grinders
    • Sanders
    • Polishers/ Buffers
  • Routing Tools
    • Routers/Planer
    • Joiners
  • Air-Powered Tools
    • Air Hoses
    • Air Hammers
    • Air Scalers
    • Others
  • Others

By Mode of Operation segment of the Global Power Tools Market is sub-segmented into:

• Electric
  • Corded
  • Cordless
• Pneumatic
• Hydraulic

By Application segment of the Global Power Tools Market is sub-segmented into:

• Industrial
  • Construction
  • Automotive
  • Aerospace
  • Energy
  • Shipbuilding
  • Metal Fabrication
  • Other Industries
• Residential

By Region segment of the Global Power Tools Market is sub-segmented into:

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Middle East Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Argentina
  • Brazil
  • Rest of South America

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