Power Tools: Global Markets

Publisher Name :
Date: 12-May-2021
No. of pages: 93

Report Scope:

This report covers different types of power tool categories, such as drilling tools, fastening tools, cutting tools, grinding tools and others. It also analyzes accessories such as batteries, chargers, bits, blades, etc. This report does not cover wearable clothes, jobsite radios and lights, power tool attachments (for example, stands and tables. It also does not cover combo kits of power tools because of the disparity in the standardization products between manufacturer's combo packs. Companies use different strategies to sell their products. Therefore, we have assumed that power tools are sold on a per unit basis.

This report covers different power-tool technologies tools such as cordless, pneumatic and gasoline-fueled, engine-operated tools. Electric type (cordless type) power tools have a sizeable customer base compared to that of pneumatic and gasoline-operated tools. Nonetheless, consumers from developing countries like India use corded-type tools because they are less expensive to use and have a high reselling price.

This report profiles major companies, their key developments, their competition landscape and others. The impact of COVID-19 also is covered in this report.

All market values are in $ million and these values are considered as nominal values; 2019 is considered as the base year, 2020 as the projected year and the values forecasted from 2021 to 2025. The market values are forecasted based on different associated industry factors such as construction industry growth, per capita income, technology development, power tool adoption rate and others.

Report Includes:

- 27 tables

- An updated review of the global market for power tools within the manufacturing industry

- Analyses of the global market trends, with data from 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2025

- Estimation of market size and market forecast for power tools, and corresponding market share analysis by product type, modes of operation, installation type, application and geographical region for key market segments and sub-segments

- Information on market dynamics, macroeconomic industrial scenario, market value & pricing, value chain analysis, and other factors that stimulus and impact the global power tools market

- A brief general outlook of the competitive environment between vendor companies, their global rankings and company share analysis, product offering and market development strategies

- Company profiles of the market leading participants including Atlas Copco AB, Emerson Electric Co., Hilti Corp., Robert Bosch GmbH and Stanley Black & Decker Inc.

Summary:

Power tools are vital for infrastructure development because hand tools are insufficient to perform many operations with the high accuracy that power tools offer. Also, cordless power tools are highly portable and can perform operations such as drilling, grinding, cutting, etc. on the top point of Burj Khalifa.

Many innovations are occurring in the ergonomic design and handling of power tools, such as the double-coated handle and the development of connected tools. Presently, most power tool manufacturers are focused on the battery powered tools which can complete operation with a single recharge.

In terms of value, the market for power tools is projected to grow with a CAGR of REDACTED and it is expected to reach nearly REDACTED by 2025 owing to the rising the demand at the global level for from different end use industries including construction, automotive, oil and gas, power and energy and others. In the COVID-19 pandemic the global market for power tools loses its traction due to imposed strict lockdown across the world. Although in 2021, it will be at better position owing to most end-user industries started to revive in the worldwide scenario.

In the product type segment, drilling and fastening tools segment is expected to hold more than 44% share in the global market. Drilling tools can be used for drilling a hole in wall, wood and non-hard metal; drilling tools are also work as screwdriver to put-in a screw on any surface with motor driver tools. contractors related to construction industries mostly are used these types of screwdrivers. Also, fastening tool such as torque wrenches are also known as nutrunning tools and mostly used in automotive and transportation aftermarket for as assembly tools.

In the power tools consumables or accessories, battery related products such as Li-ion battery, charger, adopter, etc. are gaining significant traction in the developed countries owing to growing adoption of cordless power tools.

In the mode of operation segment, the market is studied into three major segments: electric, pneumatic and others. In the electric segment we have covered corded type and cordless type tools: corded type tools are generally used where electric power supply can easily provide or in a stationary application such as automotive workshop, carpentry shop and others. While cordless tools are used where electric power supply is not available or user do not want to hold heavy weight tools for long during construction related work. Moreover, the cordless power tools mostly are used in DIY application by residential user for home improvement like gardening, modernization and designing of building, etc.

In the installation segment, we have covered portable type tools as well as stationary type tools. In the portable type of segment, we have covered the power tool category which is easy to move from one location to another location. While in the stationary type of segment, we have covered the tools which are not easy to move and use for heavy duty application.

Power Tools: Global Markets

Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Intended Audience
Information Sources
Methodology
Data Collection
Data Validation
Data Analysis and Projection
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Select Insights from Industry Leaders
Chapter 3 Market Background and Technology Developments
Power Tool Definition
History of Power Tools
Product Types
Cutting Tools
Drilling Tools
Measuring Tools
Market Dynamics
Market Drivers
Market Restraints
Market Trends
Market Opportunities
Growth in E-Commerce Industry is Opening New Opportunities for Power Tools Business
Market Leaders of E-Commerce Industry
Narrowing Gender Gap and Cordless Power Tools Industry
Safety Measures for Power Tools
Chapter 4 Global Market Analysis by Key Segment
Overview
Global Market Analysis by Product Type
Global Market Analysis by Mode of Operation
Electric
Pneumatic Tools
Other Modes of Operation
Global Market Analysis by Installation Type
Global Market by End-User Segment
Chapter 5 Global Market Analysis by Region
Overview of Global End-User Industries
Global Oil and Gas Industry
Global Aerospace Industry
Automotive Industry
Global Marine and Shipbuilding Industry
Rolling Stock Industry
Global Market for Power Tools by Region
North America
Latin America
Europe
Asia-Pacific
Middle East and Africa
Chapter 6 Market Dynamics and Key Developments
Key Developments in the Global Market for Power Tools
Chapter 7 Competitive Landscape
Global Market Share Analysis by Manufacturer
Market Ranking
Chapter 8 Company Profiles
APEX TOOL GROUP LLC
ATLAS COPCO AB
CARBORUNDUM UNIVERSAL LTD.
EINHELL GERMANY AG
EMERSON ELECTRIC CO.
FESTOOL GMBH
HILTI CORP.
INGERSOLL RAND INC.
KOKI HOLDINGS CO., LTD.
KPT INDUSTRIES LTD. (KULKARNI POWER TOOLS LTD.)
ROBERT BOSCH GMBH
ROTHENBERGER WERKZEUGE GMBH
STANLEY BLACK & DECKER INC.
TECHTRONIC INDUSTRIES CO., LTD.
TRUMPF GMBH + CO. KG
Chapter 9 Appendix: Abbreviations/Acronyms

List of Tables
Summary Table : Global Market for Power Tools, by Region, Through 2025
Table 1 : Comparison of Miter Saws versus Table Saws
Table 2 : Global Market for Power Tools, by Product Type, Through 2025
Table 3 : Performance Parameters for Cordless Power Tool Batteries, by Battery Type, Rating
Table 4 : Global Market for Power Tools, by Mode of Operation, Through 2025
Table 5 : Global Market for Power Tools, by Installation Type, Through 2025
Table 6 : Global Market for Power Tools, by End-User Segment, Through 2025
Table 7 : Top 10 Countries in the Global Aerospace Industry, 2019
Table 8 : Top 10 Companies in the Rolling Stock Industry and Their Revenue, by Global Ranking, 2019
Table 9 : Global Market for Power Tools, by Region, Through 2025
Table 10 : North American Market for Power Tools, by Country, Through 2025
Table 11 : Automobile Production, Sales and Export Units for Brazil, by Vehicle Type, 2018 and 2019
Table 12 : Latin American Market for Power Tools, by Country, Through 2025
Table 13 : European Market for Power Tools, by Country, Through 2025
Table 14 : Top Asia-Pacific Countries' Value in International Trade, by Country, 2019
Table 15 : Asia-Pacific Urban Population Share, by Year, 2018 and 2019
Table 16 : Asia-Pacific Market for Power Tools, by Country, Through 2025
Table 17 : GCC Total Construction Contract Awards Split, by Sector, 2016 and 2017
Table 18 : GCC Total Construction Projects Value Share, by Sector/Country, 2017
Table 19 : Middle Eastern and African Market for Power Tools, by Country, Through 2025
Table 20 : Key Developments, by Major Manufacturers, 2019-2021
Table 21 : Market Ranking Analysis at the Global Level, by Manufacturer, 2019
Table 22 : Hilti Corp.: Revenue, by Region, 2019 and 2020
Table 23 : Stanley Black & Decker Inc.: Power Tool Offerings
Table 24 : Other Companies in the Market for Power Tools and Their Power Tool Offerings
Table 25 : Abbreviations/Acronyms Used in This Report
Table 26 : Associations/Sources Related to This Report

List of Figures
Summary Figure : Global Market for Power Tools, by Region, 2019-2025
Figure 1 : Comparison of Crosscut versus Ripsaw Circular Saw Blades
Figure 2 : Rip Blade Teeth Shape
Figure 3 : Crosscut Blade Teeth Shape
Figure 4 : Combination Blade Teeth Shape
Figure 5 : Metal-Cutting Blade Teeth Shape
Figure 6 : Abrasive Blade Teeth Shape
Figure 7 : European Consumer Adoption of Online Home Improvement Products, 2014-2017
Figure 8 : Global Market for Power Tools, by Product Type, 2019-2025
Figure 9 : Global Market for Power Tools, by Mode of Operation, 2019-2025
Figure 10 : Global Market for Power Tools, by Installation Type, 2019-2025
Figure 11 : Global Market for Power Tools, by End-User Segment, 2019-2025
Figure 12 : Global Oil Demand, Projection and Trends, 2011-2025
Figure 13 : Global Market Shares of the Aerospace Industry, by Segment, 2019
Figure 14 : Global Automotive Vehicle Production, by Country, 2019
Figure 15 : Global Automotive Fleet Overview, 2005-2015
Figure 16 : Expected Deliveries of Vessels, by Country, 2018-2021
Figure 17 : Rolling Stock Industry Revenues and Value Shares, by Company (New Business and Aftersales, including Services), 2018
Figure 18 : Global Market for Power Tools, by Region, 2019-2025
Figure 19 : U.S. Construction Industry Shares in Terms of GDP, 2010-2018
Figure 20 : North American Automotive Sales, by Vehicle Type, 2019 and 2020
Figure 21 : U.S. Market Shares of the Aerospace and Defense Industry, by End User, 2019
Figure 22 : Canadian Market Shares of the Aerospace and Defense Industry, 2018
Figure 23 : North American Market Shares of Power Tools, by Country, 2019-2025
Figure 24 : Latin American Market Shares of Power Tools, by Country, 2019-2025
Figure 25 : Automotive Sales for Europe, by Vehicle Type, 2019 and 2020
Figure 26 : Global Market Shares of European Industrial Production Output, by Country, 2016
Figure 27 : European Market Shares of Power Tools, by Country, 2019-2025
Figure 28 : Asia-Pacific Market Shares of Power Tools, by Country, 2019-2025
Figure 29 : Middle East and Africa's Oil and Gas Reserves, by Country
Figure 30 : Middle Eastern and African Market Shares of Power Tools, by Country, 2019-2025
Figure 31 : Color Differentiation for Professional Power Tools Users, by Company/Brand
Figure 32 : Structure of the Global Market for Power Tools, by Manufacturer, 2019
Figure 33 : Atlas Copco AB: Revenue Share, by Region, 2019
Figure 34 : Emerson Electric Co.: Revenue Share, by Region, 2019
Figure 35 : Hilti Corp.: Revenue Share, by Region, 2020
Figure 36 : KPT Industries Ltd.: Revenue Share, by Business Segment, 2019
Figure 37 : Robert Bosch GmbH: Revenue Share, by Region, 2019
Figure 38 : Stanley Black & Decker Inc. (Tools and Storage): Revenue Share, by Region/Country, 2020
Figure 39 : Techtronic Industries Co., Ltd.: Revenue Share, by Region/Country, 2020
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