Electric Power Tools Market by Product Type (Corded and Cordless), and End-User Industry (Construction, Automotive, Aerospace and Others): Global Opportunity Analysis and Industry Forecast, 2021-2027.
|ID: VPR/CnM/183||Publishing Year: January 2021||Pages: 142||Format:|
The Global Electric Power Tools Market is expected to reach $XX million in 2027, from $XX million in 2021, growing at a CAGR of XX% form year 2021 - 2027.
The Electric Power Tools have revolutionized the construction, automotive, and other industries, by saving the time and efforts which are required for easy and simple operations including screw driving to complicated operations such as sawing and breaking. Moreover, the constant up gradations in these electric power tools are also assist in boosting their demand. These constant technological advancements in the Electric Power Tools portfolios increase their efficiencies, and productivities which thereby, surge their adoption in the various application which includes professional, commercial and residential establishments. Although the electric power tools provide more productivity and efficient operations, the technologies employed during manufacturing lead to bolster in their initial prices. Furthermore, ease of use delivered by power tools has made them prevalent even for non-professional users principally in household operations. Moreover, the easy of availability and portability of Electric Power Tools stimulate their implementation even in ordinary everyday applications including drilling, sawing, and cutting, which in turn boosts the Global Power Tools Market Growth. The increased adoption of Electrical Power Tools within the construction and housing industry, attributable to the features of Electrical Power Tools like portability, usability in remote locations, and high productivities, drive the market growth of Electrical Power Tools. Moreover, integration of brushless motors within the power tools has enhanced the productivities of the electrical power tools to a high extent. The brushless motors eliminates the generation of the friction, which provides more power in the same input voltage. Therefore ultimately improves the performance of the Electric Power Tools. However, high initial prices of the electric power tools is expected to restrain the market growth. Furthermore, the brushless motors and the high capacity batteries manufacturing costs of overall electric power tools, which is hampering the market growth. As the pneumatic power tools have been popular in the terms of the low prices and better performance. Thus the price difference and performance of the pneumatic power tools; thereby hinders the market growth of the Electric Power Tools. However. Advancement of the automation technologies has made it possible to track the tool productivities from remote application platform, computer software and others. However, the automation technologies include inventory management solutions to conserve time and monetary expenses caused by mismanagement of tools and power operations. Moreover, such technologies are anticipated to boost the operations of electrical power tools by creating opportunities for the expansion of the electric power tools market during the forecast period.
The global electric power tools market is segmented into type and end-user. By type (Corded and Cordless), and End-User Industry (Construction, Automotive, Aerospace and Others).
By Type Insight:
Electric Power Tools Market is segmented by type into corded and cordless. Cordless Electric Power Tool segment of the market accounted for more than half of the global market share in 2018 thereby, owing to rise of consumption from developed economies.
Electric Power Tools Market is segmented by end-user into industry (construction, automotive, aerospace and others). The construction and aerospace segments are expected to expect to witness rapid growth of the Electric Tools Market.
Major Key Players in the Electric Power Tool Market:
The Key Market Players in Electric Tools Market are Apex Tool Group, Atlas Copco AB, Hilti Corporation, Robert Bosch GmbH, Ingersoll Rand Inc., Koki Holding, Co., Ltd., Makita Corporation, Koki Holding, Co., Ltd., Stanley Black & Decker, Inc., Snap-on Incorporated, and Techtronic Industries Co., Ltd. Many competitors in electric tool market are adopting product launch as their developmenting strategy to expand their products.
Electric Power Tools Market Key Segments:
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA
TABLE OF CONTENTS:
CHAPTER 1 MARKET INTRODUCTION
1.1. REPORT OVERVIEW
1.2. SCOPE OF THE STUDY
1.3. PRIMARY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
CHAPTER 2 EXECUTIVE SUMMARY
2.1. C-LEVEL EXECUTIVE’S OVERVIEW AND PERSPECTIVES
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. PRINCIPAL FINDINGS
3.2.1. Key investment pockets
3.2.2. Leading winning strategies
3.2.3 Key Player Positioning
3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS
3.4. MARKET DYNAMICS
3.4.4. Impact Analysis
3.5. IMPACT OF COVID-19 ON THIS MARKET
CHAPTER 4 ELECTRIC POWER TOOLS MARKET, BY TYPE
4.1.1. Market size and forecast
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
CHAPTER 5 ELECTRIC POWER TOOLS MARKET, BY END USER
5.1.1. Market size and forecast
5.2.1. Market size and forecast
5.3.1. Market size and forecast
5.4.1. Market size and forecast
5.5.1. Market size and forecast
CHAPTER 6 ELECTRIC POWER TOOLS MARKET, BY REGION
6.2 North America
6.2.1 Key market trends
6.2.2 Competitive scenario
6.2.3 Key growth factors and opportunities
6.2.4 Market size and forecast
6.3.1 Key market trends
6.3.2 Competitive scenario
6.3.3 Key growth factors and opportunities
6.3.4 Market size and forecast
6.4 Asia Pacific
6.4.1 Key market trends
6.4.2 Competitive scenario
6.4.3 Key growth factors and opportunities
6.4.4 Market size and forecast
6.5.1 Key market trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast
CHAPTER 7 COMPANY PROFILES
7.1. APEX TOOL GROUP.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.1.4. Business performance
7.1.5. Key strategic moves and developments
7.2. ATLAS COPCO AB.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. HILTI CORPORATION.
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments
7.4. INGERSOLL-RAND PLC.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. KOKI HOLDINGS CO.LTD.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments
7.6. MAKITA CORPORATION.
7.6.1. Company overview
7.6.2. Company Snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. ROBERT BOSCH GMBH.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. SNAP-ON INCORPORATED.
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. STANLEY BLACK & DECKER, INC.
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments
7.10. TECHTRONIC INDUSTRIES COMPANY LIMITED].
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
7.10.4. Key strategic moves and developments