Global Industrial Power Tools Market 2018-2025: Analysed by Business Growth, Development Factors, Applications, and Future Prospects
The Industrial Power Tools market report gives Analysis of incomes, limits and benefits of Key Manufacturers including the market holdings, offers of units, income dispersion, and the measures that have been taken to overcome the issues faced.
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.
The global Industrial Power Tools market is valued at 23500 million US$ in 2017 and will reach 38900 million US$ by the end of 2025, growing at a CAGR of 6.5% during 2018-2025.
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Industrial Power Tools market report provides the comprehensive analysis of the market, based on leading players of present, past of Industrial Power Tools Industry and resourceful data that will act as a supportive guide for leading players.
Top Key Players Covered in this report: 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, .
Industrial Power Tools Market Segment by Product Types considering Production, Revenue (Value), Price Trends:
Industrial Power Tools Market Segment by Applications considering Consumption Growth Rate and Market Share:
In this study, the years considered to estimate the market size of Industrial Power Tools are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
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Scope of Industrial Power Tools Market: Geographically, this Industrial Power Tools report is split into crucial positions, size, production, consumption, revenue (Mn/Bn USD), and also market share and increase space of Industrial Power Tools industry in these regions, by 2025, covering United States, Japan, China, India, Southeast Asia, Europe as well as its share and also CAGR for its forecast interval.
What Report exactly offers to the buyers?
- To gain insightful analyses of the Industrial Power Tools Industry and have comprehensive understanding of the global market and its commercial landscape.
- Market strategies that are being adopted by leading respective organizations
- Get a detailed representation of the Industrial Power Tools market.
- The assessed growth rate, together with Industrial Power Tools Industry size and share over the forecast period 2018-2025.
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In a word, the Industrial Power Tools Market report provides major statistics on the state of the Industrial Power Tools industry and is a valuable source of guidance and direction for companies and individuals interested in the market.