2020 Power Tools Market, Size, Share, Outlook and Growth Opportunities, - 2026
- ID:OGA1812MVS479
- Published: June-2020
- Pages:110
- OG Analysis
Global Power Tools Market, Size, Share, Outlook and Growth Opportunities to 2026: By Mode of operation (Electric power tools, Pneumatic power tools and others), By Power source (Corded electric power tools and Cordless electric power tools), By End-user (Residential, and Non-residential), and By Region
The COVID-19 pandemic had a negative impact on the market size for the year 2020, with small and medium scale companies struggling to sustain their businesses in the near term future. We anticipate around 2% to 3% deviation in growth (CAGR) outlook due to the corona virus spread. The Power Tools market growth has become variable by region with some countries offering huge growth potential while others face closures and low profit margins.
Key Highlights
- The Power Tools Market value is estimated to report a year-on-year increase of 5.61 % during 2020 over 2019.
- Residential user segment is expected to grow at the highest CAGR of 5.9% due to increase in demand for do-it yourself (DIY) techniques among household consumers.
- Stanley Black & Decker announced the launch of ATOMIC Compact Series, a part of the 20V MAX System products.
- Rapid industrialization and urbanization is estimated to increase the overall growth of the power tools market.
The Power Tools Market is growing due to increase in sales of commercial vehicles, high demand for fastening tools in industrial environments, and improving construction industry in developing economies are likely to fuel the growth of the power tools market.
Increasing demand for cordless electric power tools is boosting the market growth. Power tool manufacturers are focusing on producing cordless tools by launching cordless versions of electric power tools.
North America is expected to dominate the global power tools market in near future. These power tools are extensively used for both industrial and residential/DIY applications. In this region, the DIY trend is already prevalent among consumers, which is driving the demand for power tools, especially for cordless tools.
The U.S holds the second largest producer of power tools market, because the country is known to industries that include construction, manufacturing, and vehicle production that enhances the power tools market growth in U.S.
However, high maintenance cost of power tools and fluctuations in raw material prices are the major restraint for the global power tools market.
Global Power Tools Market Insights
The major trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Power Tools market, detailed porter’s five forces analysis and competitive insights are included in the research.
Global Power Tools Market Size by Mode of operation
The report provides the detailed annual outlook of each mode of operation of the Power Tools market to 2026. Electric power tools, Pneumatic power tools and others are included in the Power Tools market report. Electric power tools segment is estimated to witness rapid growth over the coming years.
Global Power Tools Market forecasts by Power Source
The report provides detailed Power Tools market forecasts by various sales channels including corded electric power tools and cordless electric power tools. Of these cordless electric power tools segment is forecasted to dominate the industry growth.
Global Power Tools Market Share by End-user
The report presents the detailed outlook of end-users of Power Tools market to 2026. Residential and Non-residential are included in the Power Tools market report. Among these Residential segment accounted for the major share in global industry.
Global Power Tools Market Revenue by Region
The current Power Tools market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America and Middle East & Africa are studied in the report. Globally, Asia Pacific is the fastest growing market for Power Tools.
Global Power Tools Market Analysis by Company
Top 10 leading companies in global Power Tools market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Power Tools products and services.
Global Power Tools Market News and Recent Developments
Latest news and industry developments in terms of product expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.
Scope
Long term perspective on the Power Tools industry: 2019 (base year), 2020- 2026 (forecast period)
Power Tools Market- Forecasts by Segments- Mode of operation, Power source, and End-User by geography.
- The report provides the Power Tools market outlook by 3 Mode of operation including Electric power tools, Pneumatic power tools and others.
- The research work categorizes the global Power Tools market based on power source into 2 categories including corded electric power tools and cordless electric power tools.
- The report categorizes the market based on end-user into 2 categories including Residential and Non-residential.
- Power Tools market across countries in 5 regions including North America, Europe, Asia-Pacific, South & Central America and Middle East & Africa are covered.
Power Tools Market- Strategic Analysis Review
- Key strategies opted by leading players
- Short to Long Term Industry Trends
- Porter’s Five Forces Analysis
- Supply side and Demand Side Drivers and Challenges
Power Tools Market- Growth Opportunities
- Potential New Business Opportunities
- Key Areas of Focus in forecast period
Power Tools Market- Competitive Scenario
10 companies are analysed in the report including Stanley Black & Decker, Techtronic Industries, Robert Bosch, Makita Corporation, Hilti Corporation, Atlas Copco, Apex Tool Group, Ingersoll-Rand, KOKI Holdings, and Snap-on Incorporated.
- Company Peer-to-Peer Comparison
- Company Profile and SWOT Analysis
- Financial Analysis
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Introduction to Global Power Tools Market
2.1 Global Power Tools Market Snapshot, 2019
2.2 Power Tools Industry Overview
2.3 Research Perspective
3. Global Power Tools Market- Strategic Analysis
3.1 Short Term and Long Term Industry Trends Affecting Global Power Tools Market
3.2 Leading Power Tools Types Targeted by Global Manufacturers
3.3 Key Consumption Patterns of Power Tools
3.4 Potential Markets Vital for business Expansion
3.5 Five Forces Analysis
3.6 Drivers and Restraints
4. Global Power Tools Market Outlook and Growth Opportunities by Mode of operation
4.1 Electric power tools Market Outlook, 2020- 2026
4.2 Pneumatic power tools Market Outlook, 2020- 2026
4.3 Other Mode of operations Market Outlook, 2020- 2026
5. Global Power Tools Market Outlook and Growth Opportunities by Power source
5.1 Power Tools Demand for corded electric power tools, Market Outlook, 2020- 2026
5.2 Power Tools Demand for cordless electric power tools, Market Outlook, 2020- 2026
6. Global Power Tools Market Outlook and Growth Opportunities by End-user
6.1 Power Tools Demand in Residential, Market Outlook, 2020- 2026
6.2 Power Tools Demand in Non-residential, Market Outlook, 2020- 2026
7. Asia Pacific Power Tools Market Outlook and Growth Opportunities
7.1 Key Findings, 2019
7.2 Asia Pacific Power Tools Market Outlook by Mode of operation, 2020- 2026
7.3 Asia Pacific Power Tools Market Outlook by Power source, 2020- 2026
7.4 Asia Pacific Power Tools Market Outlook by End-user, 2020- 2026
7.5 Asia Pacific Power Tools Market Outlook by Country, 2020- 2026
8. Europe Power Tools Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 Europe Power Tools Market Outlook by Mode of operation, 2020- 2026
8.3 Europe Power Tools Market Outlook by Power source, 2020- 2026
8.4 Europe Power Tools Market Outlook by End-user, 2020- 2026
8.5 Europe Power Tools Market Outlook by Country, 2020- 2026
9. North America Power Tools Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 North America Power Tools Market Outlook by Mode of operation, 2020- 2026
9.3 North America Power Tools Market Outlook by Power source, 2020- 2026
9.4 North America Power Tools Market Outlook by End-user, 2020- 2026
9.5 North America Power Tools Market Outlook by Country, 2020- 2026
10. South & Central America Power Tools Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 South & Central America Power Tools Market Outlook by Mode of operation, 2020- 2026
10.3 South & Central America Power Tools Market Outlook by Power source, 2020- 2026
10.4 South & Central America Power Tools Market Outlook by End-user, 2020- 2026
10.5 South & Central America Power Tools Market Outlook by Country, 2020- 2026
11. Middle East & Africa Power Tools Market Outlook and Growth Opportunities
11.1 Key Findings, 2019
11.2 Middle East & Africa Power Tools Market Outlook by Battery Type, 2020- 2026
11.3 Middle East & Africa Power Tools Market Outlook by Sales Channel, 2020- 2026
11.4 Middle East & Africa Power Tools Market Outlook by End-User, 2020- 2026
11.5 Middle East & Africa Power Tools Market Outlook by Country, 2020- 2026
12. Competitive Landscape
12.1 Leading Players (Company Profile, SWOT Analysis, Power Tools Products, Financial Analysis)
12.1.1 Stanley Black & Decker
12.1.2 Techtronic Industries
12.1.3 Robert Bosch
12.1.4 Makita Corporation
12.1.5 Hilti Corporation
12.1.6 Atlas Copco
12.1.7 Apex Tool Group
12.1.8 Ingersoll-Rand
12.1.9 KOKI Holdings
12.1.10 Snap-on Incorporated
12.2 Company Benchmarking
12.3 Financial Analysis
13. Recent News and Deals Landscape
13.1 Mergers and Acquisitions
13.2 New Product Launches
13.3 Asset Transactions
13.4 Financial Announcements
14. Appendix
14.1 OG Analysis Expertise
14.2 Sources and Research Methodology
14.3 Contact Information
| Type | Delivery Format | Details |
|---|---|---|
| Hard Copy | A printed copy of the report will be shipped to you. | |
| CD-ROM | The report will be shipped to you in CD ROM format. | |
| SINGLE USER Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows one specific user access to the product. |
| SITE LICENSE Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows all users within a given geographical location of your organization access to the product. |
| ENTERPRISEWIDE Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows all employees within your organization in different geographic locations access to the product. |
| 1 - 5 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to five users have access to the product. |
| 1 – 10 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to ten users have access to the product. |
| 1 – 15 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to fifteen users have access to the product. |
| 1 - 5 USERS Online Access (For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to five users have access to the product. |
| 1 - 10 USERS Online Access(For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to ten users have access to the product. |
| 1 - 15 USERS Online Access(For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to fifteen users have access to the product. |
| 1 - 5 USERS Electronic (Excel) | The Excel spreadsheet will be emailed to you. | The license allows up to five users have access to the product. |