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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.
Scope of the Report:
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.
The worldwide market for Industrial Power Tools is expected to grow at a CAGR of roughly 6.6% over the next five years, will reach 34500 million US$ in 2024, from 23500 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Industrial Power Tools in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Stanley Black & Decker (DeWalt)
- Bosch
- TTI
- Makita
- Hitachi Koki
- Hilti
- Metabo
- Snap-on
- DEVON (Chevron Group)
- Festool
- Apex Tool Group
- Dongcheng
- C. & E. Fein
- Zhejiang Crown
- Positec Group
- Jiangsu Jinding
- KEN
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Lithium-Ion Battery
- Ni-Cad Battery
- NiMH Battery
- Other (Corded Electric, Pneumatic, Hydraulic, Power-Actuated, etc.)
Market Segment by Applications, can be divided into
- Construction Field
- Industry Field
- Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Power Tools product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Industrial Power Tools, with price, sales, revenue and global market share of Industrial Power Tools in 2017 and 2018.
Chapter 3, the Industrial Power Tools competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Power Tools breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Industrial Power Tools market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Industrial Power Tools sales channel, distributors, customers, research findings and conclusion, appendix and data source.