Global Power Tools Market - Analysis, Technologies & Forecasts to 2025 - Research and Markets

The "Global Power Tools Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 - 2025" report has been added to Research and Markets' offering.

The global power tools market is expected to expand at a CAGR of 5.2% from 2017-2025, reaching US$ 45.2 Bn by 2025. The global market for power tools is matured and highly consolidated. The leading four power tool manufacturers account for over 45% of the global market revenue.

In spite of product improvements and innovations, the market for power tools witnessed sluggish sales during the start of this decade. The sluggish growth can be credited to the dependence of power tools on macroeconomic conditions, which have been highly unpredictable and unstable since the start of the economic slowdown in 2008. However, with financial markets showing stability off-late, resurgence in the construction and automotive sectors should propel demand for power tools. In the current scenario, countries including India and China have comparatively lower penetration rates owing to high upfront cost of power tools compared to hand tools. However, with intensifying competition, we expect unit prices of power tools to drop in the coming years.

Key Trends:

• Growing preference for cordless and battery powered power tools in residential applications
• Resurgence in the housing sector
• Growing popularity of Do-It-Yourself (DIY) activities
• Growing trend towards modernizing housing stock to drive growth in power tool demand

Companies Mentioned

• Stanley, Black & Decker, Inc.
• Emerson Electric Co.
• Robert Bosch GmbH
• Actuant Corporation
• Makita Corporation
• SKF AB
• Danaher Corporation
• Hilti Corporation
• Techtronic Industries
• Hitachi Koki Ltd.

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Power Tools Market Analysis

4. Global Power Tools Market Revenue, By Type (Power Source) (Power Source), 2015 - 2025 (US$ Bn)

5. Global Power Tools Market Revenue, By End-use Application, 2015 - 2025 (US$ Bn)

6. North America Power Tools Market Analysis, 2015 - 2025 (US$ Bn)

7. Europe Power Tools Market Analysis, 2015 - 2025 (US$ Bn)

8. Asia Pacific Power Tools Market Analysis, 2015 - 2025 (US$ Bn)

9. Rest of World Power Tools Market Analysis, 2015 - 2025 (US$ Bn)

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/xv2ktl/global_power

View source version on businesswire.com: http://www.businesswire.com/news/home/20171018005640/en/