Global Industrial Power Tools Market is Expected to Grow at a CAGR of 6.5% by 2025

Global Industrial Power Tools Market report strategically analyze each submarket with respect to individual growth trend and their contribution to the market for understanding growth strategies

The global Industrial Power Tools market is valued at 23500 million US$ in 2018 is expected to reach 38900 million US$ by the end of 2025, growing at a CAGR of 6.5% during 2019-2025.

This report focuses on Industrial Power Tools volume and value at global level, regional level and company level. From a global perspective, this report represents overall Industrial Power Tools market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.Key companies profiled on his report are Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc.

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A power tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of power tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, or even natural power sources like wind or moving water. Tools directly driven by animal power are not generally considered power tools.

Power tools are used in industry, in construction, in the garden, for housework tasks such as cooking, cleaning, and around the house for purposes of driving (fasteners), drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and more.

Power tools are classified as either stationary or portable, where portable means hand-held. Portable power tools have obvious advantages in mobility. Stationary power tools however often have advantages in speed and accuracy, and some stationary power tools can produce objects that cannot be made in any other way. Stationary power tools for metalworking are usually called machine tools. The term machine tool is not usually applied to stationary power tools for woodworking, although such usage is occasionally heard, and in some cases, such as drill presses and bench grinders, exactly the same tool is used for both woodworking and metalworking.

Europe has the largest global export quantity and manufacturers in Industrial Power Tool market, while the United States is the second sales volume market for Industrial Power Tool in 2017.

In the industry, Stanley Black&Decker (DeWalt) profits most in 2017 and recent years, while Bosch and TTI ranked 2 and 3.The market share of them is 17.83%, 17.76% and 17.40% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are four mainly types of Industrial Power Tool, including Lithium-Ion Battery, Ni-Cad Battery, NiMH Battery and Other. And Lithium-Ion Battery is the main type for Industrial Power Tool, and the Lithium-Ion Battery reached a sales volume of approximately 142.74 M Unit in 2017, with 55.65% of global sales volume.

Industrial Power Tool technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

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Topics covered in this report are:

  1. Market Overview (Segment by Type, Application, Region, Market Size, Revenue & Production)
  2. Market Competition by Manufacturers (Production & Revenue Market Share, Average Price, Competitive Situation and Trends, Mergers & Acquisitions, Expansion)
  3. Production & Revenue Market Share by Regions: Global, North America, Europe, China, and Japan
  4. Consumption Analysis by Regions (2014-2019)
  5. Production, Revenue, Price Trend, and Growth Rate by Type
  6. Market Analysis by Applications: Market Share and Growth Rate (2014-2019)
  7. Key Companies Profile (Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin)
  8. Manufacturing Cost Analysis (Raw Material, Price, Key Suppliers, and Industrial Chain Analysis)
  9. Marketing Channel, Distributors and Customers (Direct / Indirect Marketing, Distributors List, Customers)
  10. Market Dynamics (Trends, Opportunities, Drivers, Challenges, and Influence Factors)
  11. Market Forecast to 2025 for Production, Revenue, Growth Rate, Trends, and Forecast by Types and Applications (2019-2025)
  12. Research Findings and Conclusion (Key Takeaway of the research report)
  13. Methodology and Data Source

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Posted by on Monday March 25 2019, 10:30 AM EDT. All trademarks acknowledged. Filed under Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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