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(IT-NEWSWIRE.COM, October 15, 2017 ) The tools used in garden, construction work, repairing activities and household task and are powered by external source are termed as power tools. Some of the most common tools used are powered by electric motor, IC - combustion engine or compressed air. Examples of uncommon power tools includes those which are powered by steam engines, burning of fuels & propellants, and even natural power source such as wind & moving water. Power tools finds application in construction activities, housework such cooking, cleaning, cutting, drilling, painting, routing, and others. Currently, growth of the power tools market is primarily driven by increasing investment in household works, rising automotive sales, and increasing urbanization. Investment in household work consist of rising DIY activities such as gardening and household repairing work.
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Power Tools Market Players: 1. Stanley Black & Decker, Inc.
2. Atlas Copco AB
3. Robert Bosch GmbH
4. Techtronic Industries Company Limited
5. Danaher Corporation
6. Makita Corporation
7. Snap - on Incorporated
8. Actuant Corporation
9. Hitachi Koki Co. Ltd
10. SKF
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The objectives of this report are as follows:
-To provide overview of the global Power Tools market
-To analyze and forecast the global Power Tools market on the basis of product type
-To provide market size and forecast till 2025 for overall Power Tools market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
-To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
-To provide exhaustive PEST analysis for all five regions
-To profiles key Power Tools players influencing the market along with their SWOT analysis and market strategies
Some of the important players in Power Tools market are Stanley Black & Decker, Inc., Atlas Copco AB, Robert Bosch GmbH, Techtronic Industries Company Limited, Danaher Corporation, Makita Corporation, Snap - on Incorporated, Actuant Corporation, Hitachi Koki Co. Ltd, and SKF.
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Source: EmailWire.Com
Source: EmailWire.com
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