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Market Research Report

Power Tools Market Size, Share & Trends Analysis Report By Product (Drill, Saws, Wrenches, Grinders, Sanders), By Mode Of Operation (Electric, Pneumatic), By Application, By Region, And Segment Forecasts, 2020 - 2027

Published by Grand View Research, Inc. Product code 948092
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Power Tools Market Size, Share & Trends Analysis Report By Product (Drill, Saws, Wrenches, Grinders, Sanders), By Mode Of Operation (Electric, Pneumatic), By Application, By Region, And Segment Forecasts, 2020 - 2027
Published: June 25, 2020 Content info: 112 Pages
Description

Power Tools Market Growth & Trends

The global power tools market size is anticipated to reach USD 40.9billion by 2027, expanding at a CAGR of 4.2%, according to a study conducted by Grand View Research, Inc. Demand for compact, flexible, and mobile tools is increasing in the industrial as well as residential applications. Power instruments play a crucial role in reducing manual efforts, especially in heavy duty applications; this is projected to have a positive impact on the market.

Increasing use of the instruments in residential applications is projected to escalate the market towards growth trajectories. The surge in popularity of the Do-it-Yourself (DIY) technique is observed as a trend globally. Moreover, the unavailability of household workers has forced people to take up DIY jobs for household repair and maintenance. House repair, gardening, etc. is easier with the help of user-friendly and ergonomic tools which has led to increased demand for these products. Rising disposable income of the people is also a major factor influencing market growth.

Increased use of fastening instruments in the automotive and construction industry has led to significant adoption of the instruments in the industrial application. Increasing sales of commercial vehicles and growing urbanization drive the demand for the instruments in the automotive and construction sectors. Power instruments offer enhanced efficiency making them the preferred choice of workers in the industrial sectors.

The outbreak of the pandemic COVID-19 has impeded market growth in the first quarter of 2020, especially in North America and Europe. The pandemic has led to the slowdown of the manufacturing industries across the globe. However, the revival of industries and the adoption of tools in non-industrial sector are projected to upkeep market growth over the forecast period.

Power Tools Market Report Highlights

Based on product type, wrenches are expected to exhibit a significant growth owing to several household and professional applications and affordable prices

The electric mode of operation segment dominated the market with the share of 64.3% in 2019. The high revenue share is attributed to the increasing adoption of cordless instruments as they are ergonomic, mobile, and portable

Based on application, industrial segment dominated the market in 2019 and is expected to continue its dominance throughout the forecast period. Rising number of construction activities across the globe is anticipated to drive the segment growth

Asia Pacific held the largest market share in 2019 owing to the growth in infrastructure and construction activities in the region

Table of Contents
Product Code: GVR-4-68038-760-5

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Scope and Assumptions
  • 1.3. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Power Tools- Industry Snapshot & Key Buying Criteria, 2016 - 2027

Chapter 3. Power Tools Industry Outlook

  • 3.1. Market Segmentation
  • 3.2. Market Size and Growth Prospects, 2016 - 2027
  • 3.3. Value Chain Analysis
  • 3.4. Market Dynamics
    • 3.4.1. Market driver analysis
    • 3.4.2. Market restraint/challenge analysis
    • 3.4.3. Market opportunity analysis
  • 3.5. Key Opportunities Prioritized
  • 3.6. Industry Analysis - Porter's
    • 3.6.1. Supplier Power
    • 3.6.2. Buyer Power
    • 3.6.3. Substitution Threat
    • 3.6.4. Threat from new entrant
  • 3.7. PEST Analysis
    • 3.7.1. Political Landscape
    • 3.7.2. Environmental Landscape
    • 3.7.3. Social Landscape
    • 3.7.4. Technology Landscape

Chapter 4. Power Tools Market: Product Outlook

  • 4.1. Power Tools Market Share by Product, 2019 & 2027 (USD Million)
  • 4.2. Drills
    • 4.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 4.2.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 4.3. Saws
    • 4.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 4.3.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 4.4. Wrenches
    • 4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 4.4.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 4.5. Grinders
    • 4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 4.5.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 4.6. Sanders
    • 4.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 4.6.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 4.7. Others
    • 4.7.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 4.7.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)

Chapter 5. Power Tools Market: Mode of Operation Outlook

  • 5.1. Power Tools Market Share by Mode of Operation, 2019 & 2027 (USD Million)
  • 5.2. Electric
    • 5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 5.2.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 5.3. Pneumatic
    • 5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 5.3.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 5.4. Others
    • 5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 5.4.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)

Chapter 6. Power Tools Market: Application Outlook

  • 6.1. Power Tools Market Share by Application, 2019 & 2027 (USD Million)
  • 6.2. Industrial
    • 6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 6.2.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)
  • 6.3. Residential
    • 6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 6.3.2. Market estimates and forecast by region, 2016 - 2027 (USD Million)

Chapter 7. Power Tools Market: Regional Outlook

  • 7.1. Power Tools Market Share by Region, 2015 & 2025 (USD Million)
  • 7.2. North America
    • 7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 7.2.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
    • 7.2.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
    • 7.2.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
    • 7.2.5. U.S.
      • 7.2.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.2.5.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.2.5.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.2.5.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
    • 7.2.6. Canada
      • 7.2.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.2.6.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.2.6.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.2.6.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
  • 7.3. Europe
    • 7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 7.3.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
    • 7.3.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
    • 7.3.4. Market estimates and forecast by Application, 2016 - 2027 (USD Million)
    • 7.3.5. U.K.
      • 7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.3.5.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.3.5.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.3.5.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.3.6. Germany
      • 7.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.3.6.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.3.6.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.3.6.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.3.7. France
      • 7.3.7.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.3.7.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.3.7.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.3.7.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
  • 7.4. Asia Pacific
    • 7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 7.4.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
    • 7.4.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.4.3.1. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.4.4. China
      • 7.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.4.4.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.4.4.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.4.4.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.4.5. India
      • 7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.4.5.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.4.5.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.4.5.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.4.6. Japan
      • 7.4.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.4.6.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.4.6.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.4.6.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
  • 7.5. Latin America
    • 7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 7.5.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
    • 7.5.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
    • 7.5.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.5.5. Brazil
      • 7.5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.5.5.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.5.5.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.5.5.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)
    • 7.5.3. Mexico
      • 7.5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
      • 7.5.3.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
      • 7.5.3.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
      • 7.5.3.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Millions)
  • 7.6. Middle East & Africa
    • 7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    • 7.6.2. Market estimates and forecast by Product, 2016 - 2027 (USD Million)
    • 7.6.3. Market estimates and forecast by Mode of Operation, 2016 - 2027 (USD Million)
    • 7.6.4. Market estimates and forecast by Applications, 2016 - 2027 (USD Million)

Chapter 8. Competitive Landscape

  • 8.1. Apex Tool Group
    • 8.1.1. Company overview
    • 8.1.2. Financial performance
    • 8.1.3. Product benchmarking
    • 8.1.4. Strategic initiatives
  • 8.2. Atlas Copco AB
    • 8.2.1. Company overview
    • 8.2.2. Financial performance
    • 8.2.3. Product benchmarking
    • 8.2.4. Strategic initiatives
  • 8.3. Emerson Electric, Co.
    • 8.3.1. Company overview
    • 8.3.2. Financial performance
    • 8.3.3. Product benchmarking
    • 8.3.4. Strategic initiatives
  • 8.4. Hilti Corporation
    • 8.4.1. Company overview
    • 8.4.2. Financial performance
    • 8.4.3. Product benchmarking
    • 8.4.4. Strategic initiatives
  • 8.5. Ingersoll-Rand PLC
    • 8.5.1. Company overview
    • 8.5.2. Financial performance
    • 8.5.3. Product benchmarking
    • 8.5.4. Strategic initiatives
  • 8.6. Koki Holdings Co., Ltd.
    • 8.6.1. Company overview
    • 8.6.2. Financial performance
    • 8.6.3. Product benchmarking
    • 8.6.4. Strategic initiatives
  • 8.7. Makita Corporation
    • 8.7.1. Company overview
    • 8.7.2. Financial performance
    • 8.7.3. Product benchmarking
    • 8.7.4. Strategic initiatives
  • 8.8. Robert Bosch
    • 8.8.1. Company overview
    • 8.8.2. Financial performance
    • 8.8.3. Product benchmarking
    • 8.8.4. Strategic initiatives
  • 8.9. Stanley Black & Decker
    • 8.9.1. Company overview
    • 8.9.2. Financial performance
    • 8.9.3. Product benchmarking
    • 8.9.4. Strategic initiatives
  • 8.10. Techtronic Industries
    • 8.10.1. Company overview
    • 8.10.2. Financial performance
    • 8.10.3. Product benchmarking
    • 8.10.4. Strategic initiatives

List of Tables

  • Table 1 List of Abbreviation
  • Table 2 Power Tools market - Industry snapshot & key buying criteria, 2016 - 2027
  • Table 3 Power Tools market, 2016 - 2027 (USD Million)
  • Table 4 Power Tools market, by Region, 2016 - 2027 (USD Million)
  • Table 5 Power Tools market, by Product, 2016 - 2027 (USD Million)
  • Table 6 Power Tools market, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 7 Power Tools market, by Application, 2016 - 2027 (USD Million)
  • Table 8 Power Tools market - Regulatory framework
  • Table 9 Drill Power Tools market, 2016 - 2027 (USD Million)
  • Table 10 Saws Power Tools market, 2016 - 2027 (USD Million)
  • Table 11 Wrenches Power Tools market, 2016 - 2027 (USD Million)
  • Table 12 Grinders Power Tools market, 2016 - 2027 (USD Million)
  • Table 13 Sanders Power Tools market, 2016 - 2027 (USD Million)
  • Table 14 Others Power Tools market, 2016 - 2027 (USD Million)
  • Table 15 Electric Power Tools market, 2016 - 2027 (USD Million)
  • Table 16 Corded Power Tools market, 2016 - 2027 (USD Million)
  • Table 17 Cordless Power Tools market, 2016 - 2027 (USD Million)
  • Table 18 Pneumatic Power Tools market, 2016 - 2027 (USD Million)
  • Table 19 Others Power Tools market, 2016 - 2027 (USD Million)
  • Table 20 North America Power Tools market, 2016 - 2027 (USD Million)
  • Table 21 North America Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 22 North America Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 23 North America Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 24 U.S. Power Tools market, 2016 - 2027 (USD Million)
  • Table 25 U.S. Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 26 U.S. Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 27 U.S. Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 28 Canada Power Tools market, 2016 - 2027 (USD Million)
  • Table 29 Canada Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 30 Canada Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 31 Canada Power Tools, by Application, 2016 - 2027 (USD Million)
  • Table 32 Europe Power Tools market, 2016 - 2027 (USD Million)
  • Table 33 Europe Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 34 Europe Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 35 Europe Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 36 U.K. Power Tools market, 2016 - 2027 (USD Million)
  • Table 37 U.K. Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 38 U.K. Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 39 U.K. Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 40 Germany Power Tools market, 2016 - 2027 (USD Million)
  • Table 41 Germany Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 42 Germany Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 43 Germany Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 44 France Power Tools market, 2016 - 2027 (USD Million)
  • Table 45 France Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 46 France Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 47 France Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 48 Asia Pacific Power Tools market, 2016 - 2027 (USD Million)
  • Table 49 Asia Pacific Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 50 Asia Pacific Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 51 Asia Pacific Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 52 China Power Tools market, 2016 - 2027 (USD Million)
  • Table 53 China Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 54 China Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 55 China Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 56 India Power Tools market, 2016 - 2027 (USD Million)
  • Table 57 India Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 58 India Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 59 India Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 60 Japan Power Tools market, 2016 - 2027 (USD Million)
  • Table 61 Japan Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 62 Japan Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 63 Japan Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 64 Latin America Power Tools market, 2016 - 2027 (USD Million)
  • Table 65 Latin America Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 66 Latin America Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 67 Latin America Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 68 Mexico Power Tools market, 2016 - 2027 (USD Million)
  • Table 69 Mexico Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 70 Mexico Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 71 Mexico Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 72 Brazil Power Tools market, 2016 - 2027 (USD Million)
  • Table 73 Brazil Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 74 Brazil Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 75 Brazil Power Tools, by Applications, 2016 - 2027 (USD Million)
  • Table 76 Middle East & Africa Power Tools market, 2016 - 2027 (USD Million)
  • Table 77 Middle East & Africa Power Tools, by Product, 2016 - 2027 (USD Million)
  • Table 78 Middle East & Africa Power Tools, by Mode of Operation, 2016 - 2027 (USD Million)
  • Table 79 Middle East & Africa Power Tools, by Applications, 2016 - 2027 (USD Million)

List of Figures

  • Fig. 1 Power Tools market, by 2019 (USD Million)
  • Fig. 2 Power Tools market segmentation
  • Fig. 3 Value chain analysis
  • Fig. 4 Power Tools market dynamics
  • Fig. 5 Power Tools market driver impact
  • Fig. 6 Power Tools market restraint impact
  • Fig. 7 Power Tools market opportunity impact
  • Fig. 8 Power Tools penetration & growth prospects mapping
  • Fig. 9 Power Tools market - Porter's five forces
  • Fig. 10 Power Tools market - PEST analysis
  • Fig. 11 Power Tools market, by Region, 2019 & 2027 (USD Million)
  • Fig. 12 Power Tools market, by Product, 2019 & 2027 (USD Million)
  • Fig. 13 Power Tools market, by Mode of Operation, 2019 & 2027 (USD Million)
  • Fig. 14 Power Tools market, by Applications, 2019 & 2027 (USD Million)
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