Power tools are mechanical or electromechanical equipment that draw electricity from an external power source, without the application of manual labor to achieve a specific action. Power tools are commonly used in the construction and manufacturing industries to perform activities such as drilling, sawing, grinding, screwing, and cutting. However, application areas for power tools are diverse and wide, depending on the end-user and the industry. Power tools are used to increase the efficiency of manual operations, thereby increasing worker productivity and saving time. There are also several end-user applications that require the use of customized power tools to perform specific tasks.
Technavio’s analysts forecast the global power tools market to grow at a CAGR of 4.77% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global power tools market for 2017-2021. To calculate the market size, the report considers the sales revenue.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Power Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Apex Tool Group • Makita • Robert Bosch • Stanley Black & Decker • Techtronic Industries Other prominent vendors • ANDREAS STIHL • Atlas Copco • C. & E. Fein • CHERVON (China) Trading • Emerson Electric • Evolution Power Tools • Hilti • Hitachi Koki • Illinois Tool Works • INTERSKOL • JET Tools • Josch Group • Master Air Tool • Nemo Power Tools • Panasonic • Positec Tool • Snap-on • Triton Tools Market driver • Rise in global construction and infrastructure development activities • For a full, detailed list, view our report
Market challenge • Volatility in prices of raw materials • For a full, detailed list, view our report
Market trend • Wireless battery charging technology • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report. Companies MentionedApex Tool Group, Makita, Robert Bosch, Stanley Black & Decker, Techtronic Industries, ANDREAS STIHL, Atlas Copco, C. & E. Fein, CHERVON (China) Trading, Emerson Electric, Evolution Power Tools, Hilti, Hitachi Koki, Illinois Tool Works, INTERSKOL, JET Tools, Josch Group, Master Air Tool, Nemo Power Tools, Panasonic, Positec Tool, Snap-on, and Triton Tools.
Table of Contents PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: INTRODUCTION • Market outline PART 05: MARKET LANDSCAPE • Market overview • Market size and forecast • Five forces analysis PART 06: MARKET SEGMENTATION BY TECHNOLOGY • Market overview • Global electric power tools market • Global pneumatic power tools market • Global engine-driven power tools and others market PART 07: REGIONAL LANDSCAPE • Geographical segmentation • Regional comparison • Americas – Market size and forecast • EMEA – Market size and forecast • APAC – Market size and forecast • Market opportunity PART 08: DECISION FRAMEWORK PART 09: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 10: MARKET TRENDS • Wireless battery charging technology • Switch from Ni-Cd to Li-ion battery chemistry • Product innovations in power tools market PART 11: VENDOR LANDSCAPE • Competitive scenario • Other prominent vendors PART 12: KEY VENDOR ANALYSIS • Apex Tool Group • Makita • Robert Bosch • Stanley Black & Decker • Techtronic Industries PART 13: APPENDIX • List of abbreviations List of Exhibits Exhibit 01: Global power tools market 2017-2021: Snapshot Exhibit 02: Global power tools market by technology Exhibit 03: Global power tools market by geography Exhibit 04: Global power tools market Exhibit 05: Global power tools market 2017-2021 ($ billions) Exhibit 06: Five forces analysis Exhibit 07: Global power tools market by technology 2016 Exhibit 08: Global power tools market by technology 2021 Exhibit 09: Global power tools market 2016-2021 by technology (%) Exhibit 10: Global electric power tools market 2016-2021 ($ billions) Exhibit 11: Global pneumatic power tools market 2016-2021 ($ billions) Exhibit 12: Global engine-driven power tools and others market 2016-2021 ($ billions) Exhibit 13: Global power tools – Market size and forecast 2016-2021 Exhibit 14: Regional comparison Exhibit 15: Americas – Market size and forecast 2016-2021 ($ billions) Exhibit 16: Americas – Year-over-year growth 2017-2021 Exhibit 17: Top 3 countries in Americas Exhibit 18: EMEA – Market size and forecast 2016-2021 ($ billions) Exhibit 19: EMEA – Year-over-year growth 2017-2021 Exhibit 20: Top 3 countries in EMEA Exhibit 21: APAC – Market size and forecast 2016-2021 ($ billions) Exhibit 22: APAC – Year-over-year growth 2017-2021 Exhibit 23: Top 3 countries in APAC Exhibit 24: Growth in US construction sector 2011-2016 (cumulative) Exhibit 25: Global car and two-wheeler sales growth 2011-2015 (cumulative) Exhibit 26: Electric vehicle sales January 2016 and January 2017 (number of units) Exhibit 27: Per capita GDP for Asian countries 2010-2015 ($) Exhibit 28: Cumulative growth in key raw material prices (June 2016-March 2017) Exhibit 29: Comparison of Li-Ion and Ni-Cd batteries Exhibit 30: Other prominent vendors of power tools Exhibit 31: Apex Tool Group: Business overview Exhibit 32: Apex Tool Group: Brands and categories of products offered Exhibit 33: Apex Tool Group: Key news Exhibit 34: Makita: Segments and categories of products offered Exhibit 35: Makita: Key news Exhibit 36: Segments and categories of products offered Exhibit 37: Robert Bosch: Key news Exhibit 38: Stanley Black & Decker: Brands and categories of products offered Exhibit 39: Stanley Black & Decker: Key news Exhibit 40: Techtronic Industries: Business overview Exhibit 41: Techtronic Industries: Brands and categories of products offered Exhibit 42: Key news
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