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Market Research Report

Power Tools Market with COVID-19 impact Analysis by Mode (Electric (Corded & Cordless), Pneumatic), Tool Type (Drilling & Fastening, Sawing, Demolition, Material Removal), Application (Industrial, DIY)-Global Forecast to 2025

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Power Tools Market with COVID-19 impact Analysis by Mode (Electric (Corded & Cordless), Pneumatic), Tool Type (Drilling & Fastening, Sawing, Demolition, Material Removal), Application (Industrial, DIY)-Global Forecast to 2025
Published: July 22, 2020 Content info: 185 Pages
Description

Title:
Power Tools Market with COVID-19 impact Analysis
by Mode (Electric (Corded & Cordless), Pneumatic), Tool Type (Drilling & Fastening, Sawing, Demolition, Material Removal), Application (Industrial (Construction, Automotive, Aerospace, Energy), DIY) - Global Forecast to 2025.

"Power tools market to exhibit significant growth during 2020-2025"

The global power tools market is estimated to grow from from USD 29.5 billion in 2020 to USD 36.9 billion by 2025, at a CAGR of 4.6%. Key factors driving the power tools market growth include growing adoption of cordless power tools, rising demand for fastening tools in industrial environments, and growing construction industry in emerging economies. However, the high maintenance cost of power tools and fluctuations in raw material prices may hamper the growth of the market.

"Market for drilling and fastening tools to grow at highest CAGR during forecasted period"

Drilling and fastening tools are expected to grow at the highest CAGR during forecasted period, followed by material removal tools with second-highest CAGR. Fastening tools are widely used in industries, namely construction, automotive, aerospace, and energy. Fastening tools are used for quality-critical operations such as tightening joints, mounting the engine to the chassis, and fastening bolts. Material removal tools are used for polishing and smoothing vehicle parts and metal parts. The investments in power tools show that the largest manufacturing companies are investing 20-30% of their annual revenue in new product development, which is likely to decrease in the next 2 years due to the ripple effect of the COVID-19 pandemic on various industry demands. This may reduce the growth of drilling and fastening tools in 2020 and is expected to grow further till 2025.

"Market for electric tools especially cordless tools to grow at highest CAGR during forecast period"

Currently, electric tools hold the largest market share among all other mode of operation in the power tools market, and a similar trend is likely to continue during the forecast period. Electric power tools are operated either through a battery, based on application or through the corded power supply. Corded electric tools are plug-n-play tools, whereas cordless tools are easy to operate, efficient, and handy in nature. The majority of manufacturers are focusing more on launching cordless tools powered by lithium-ion batteries. As a result, the demand for cordless power tools with lithium-ion batteries is likely to increase during the forecast period.

"Market for residential/DIY application to grow at highest CAGR during forecast period"

The market for the residential/DIY application to grow at the fastest CAGR in the power tools market owing to rising demand for cordless power tools in renovation and remodeling projects. Mostly electric power tools are used by DIY consumers for residential refurbishment and improvement projects. This is especially true in residential projects wherein there is heightened interest in remodeling and refurbishing existing homes rather than purchasing new ones among consumers. Therefore, the use of power tools by DIY enthusiasts for remodeling and renovation projects is rising in developed countries, such as the US, the UK, and Germany.

At present, this market is estimated to witness the impact of the low usage of power tools due to COVID-19 and lockdown announced in countries. In the case of the residential/DIY application, the global production of power tools has been declining owing to the COVID outbreak. Moreover, the global prices of consumer electronics could rise in the

"APAC is projected to grow at a higher CAGR during the forecast period."

APAC is expected to be the fastest-growing market for power tools. The demand for power tools for residential applications is limited due to lack of do-it-yourself (DIY) activities in APAC wherein inexpensive labor is abundant. China and India to remain lucrative growth markets for manufacturers of power tools. The low-priced power tools have created intense competition among manufacturers. With growing manufacturing sectors, India has become one of the fastest-growing countries in the adoption of power tools. Growing investments in residential and infrastructure markets in this region are expected to boost the construction industry, thereby driving the use of power tools. Due to the outbreak of COVID-19, various companies in APAC to witnessed a decline in demand for power tools. The company has been temporarily stalling new projects. As lockdown restrictions continue, the demand is expected to remain below normal forcing utilities to reconsider their capital expenditure.

Profile break-up of primary participants for the report is given below:

  • By Company Type - Tier 1 = 57%, Tier 2 = 23%, and Tier 3 = 20%
  • By Designation - C-level Executives = 44%, Directors = 38%, and Others = 18%
  • By Region - North America = 40%, Europe = 32%, APAC = 18%, and RoW = 10%

The study includes an in-depth competitive analysis of these key players in the power tools market, with their company profiles, recent developments, and key market strategies. Stanley Black & Decker (US), Techtronic Industries (Hong Kong), Robert Bosch (Germany), Makita Corporation (Japan), Hilti Corporation (Liechtenstein), Atlas Copco (Sweden), Apex Tool Group (US), Ingersoll-Rand (Ireland), KOKI Holdings (Japan), and Snap-on Incorporated (US) are among the major players in the power tools market.

The global power tools market is segmented into tool type, mode of operation, application, and region. The market based on tool type is segmented into drilling and fastening tools, demolition tools, sawing and cutting tools, material removal tools, routing tools, and others that include measuring and layout tools, laser tools, dust extractors, glue guns, and heat guns. Based on the mode of operation, the power tools market has been split into electric (corded & cordless), pneumatic, and others that include hydraulic and power-actuated tools. The applications that are included in the study of the power tools market include industrial (construction, automotive, aerospace, energy, shipbuilding, and others) and residential/DIY. The power tools market is segmented into 4 regions, namely North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).

Reasons to Buy the Report:

  • Illustrative segmentation, analysis, and forecast of the market based on tool type, mode of operation, application, and region have been conducted to give an overall view of the power tools market.
  • A value chain analysis has been performed to provide in-depth insights into the power tools market.
  • The key drivers, restraints, opportunities, and challenges pertaining to the power tools market have been detailed in this report.
  • Detailed information regarding the COVID-19 impact on the power tools market has been provided in the report.
  • The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues
Table of Contents
Product Code: SE 5705

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 DEFINITION
    • 1.2.1 POWER TOOLS MARKET: INCLUSIONS AND EXCLUSIONS
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED
    • FIGURE 1 POWER TOOLS MARKET SEGMENTATION
    • 1.3.2 YEARS CONSIDERED
  • 1.4 CURRENCY
  • 1.5 PACKAGE SIZE
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 POWER TOOLS MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Breakdown of primary interviews
      • 2.1.2.2 Key data from primary sources
    • 2.1.3 SECONDARY AND PRIMARY RESEARCH
      • 2.1.3.1 Key industry insights
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
      • 2.2.1.1 Approach for capturing market share by bottom-up analysis (demand side)
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach for capturing market share by top-down analysis (supply side)
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    • FIGURE 5 DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS
    • FIGURE 6 ASSUMPTION FOR RESEARCH STUDY

3 EXECUTIVE SUMMARY

    • FIGURE 7 PRE- AND POST-COVID-19 IMPACT ANALYSIS ON POWER TOOLS MARKET FROM 2017 TO 2025
  • 3.1 PRE-COVID-19
  • 3.2 REALISTIC SCENARIO
  • 3.3 PESSIMISTIC SCENARIO
  • 3.4 OPTIMISTIC SCENARIO
    • TABLE 1 POWER TOOLS MARKET, IN TERMS OF VALUE AND VOLUME, 2016-2019
    • TABLE 2 POWER TOOLS MARKET, IN TERMS OF VALUE AND VOLUME, 2020-2025
    • FIGURE 8 DRILLING & FASTENING TOOLS TO HOLD LARGEST SIZE OF POWER TOOLS MARKET FROM 2020 TO 2025
    • FIGURE 9 ELECTRIC TOOLS TO DOMINATE POWER TOOLS MARKET DURING FORECAST PERIOD
    • FIGURE 10 CONSTRUCTION TO HOLD LARGEST MARKET SHARE FROM 2020 TO 2025
    • FIGURE 11 POWER TOOLS MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 LUCRATIVE OPPORTUNITIES IN POWER TOOLS MARKET
    • FIGURE 12 ATTRACTIVE OPPORTUNITIES IN POWER TOOLS MARKET FROM 2020 TO 2025
  • 4.2 POWER TOOLS MARKET, BY TOOL TYPE
    • FIGURE 13 POWER TOOLS MARKET FOR DRILLING AND FASTENING TOOLS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • 4.3 POWER TOOLS MARKET, BY APPLICATION
    • FIGURE 14 INDUSTRIAL APPLICATION TO HOLD LARGER SHARE OF POWER TOOLS MARKET FROM 2020 TO 2025
  • 4.4 POWER TOOLS MARKET IN NORTH AMERICA, BY MODE OF OPERATION AND COUNTRY
    • FIGURE 15 US TO HOLD LARGEST SHARE OF POWER TOOLS MARKET IN NORTH AMERICA DURING FORECAST PERIOD
  • 4.5 POWER TOOLS MARKET, BY INDUSTRIAL APPLICATION
    • FIGURE 16 CONSTRUCTION TO DOMINATE POWER TOOLS MARKET IN APAC IN 2025
  • 4.6 POWER TOOLS MARKET, BY REGION
    • FIGURE 17 NORTH AMERICA TO DOMINATE POWER TOOLS MARKET IN 2025

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 18 POWER TOOLS MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Implications of COVID-19 on power tools ecosystem
      • 5.2.1.2 Rising adoption of cordless power tools globally
      • 5.2.1.3 Surging demand for electric fastening tools in industrial environments
      • 5.2.1.4 Growing construction industry in emerging countries
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High maintenance cost
      • 5.2.2.2 Fluctuations in raw material prices
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Fastening tools in wind energy industry
      • 5.2.3.2 Smart connectivity in power tools
      • 5.2.3.3 Connected power tools for Industry 4.0
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Declining sales of commercial vehicles due to COVID-19
    • FIGURE 19 SALES OF COMMERCIAL VEHICLES (2014-2019)
      • 5.2.4.2 Designing ergonomic and lightweight power tools
      • 5.2.4.3 Regulatory compliance and power tool safety

6 INDUSTRY TRENDS

  • 6.1 INTRODUCTION
  • 6.2 VALUE CHAIN ANALYSIS
    • FIGURE 20 POWER TOOLS MARKET: VALUE CHAIN
    • 6.2.1 RESEARCH & DEVELOPMENT COMPANIES
    • 6.2.2 COMPONENT SUPPLIERS
    • 6.2.3 TOOL MANUFACTURERS
    • 6.2.4 DISTRIBUTORS AND RETAILERS
    • 6.2.5 END-USER INDUSTRIES
    • 6.2.6 POST-SALES SERVICE PROVIDERS
  • 6.3 KEY TRENDS IN POWER TOOLS MARKET
    • 6.3.1 SHIFT FROM CORDED TO CORDLESS
    • 6.3.2 CONNECTED ASSEMBLY POWER TOOLS
    • 6.3.3 BRUSHLESS DC MOTORS
    • 6.3.4 LITHIUM-ION BATTERIES REPLACING NI-CD AND NI-MH
    • 6.3.5 WIRELESS CHARGING
    • 6.3.6 GROWTH IN DIY ACTIVITIES
    • 6.3.7 DESIGN OF ERGONOMIC AND POWERFUL POWER TOOLS
    • 6.3.8 ENERGY-EFFICIENT POWER TOOLS
  • 6.4 POWER TOOLS APPLICATIONS, BY TRADE
    • 6.4.1 CONCRETE & CONSTRUCTION
    • 6.4.2 WOODWORKING
    • 6.4.3 METALWORKING

7 POWER TOOLS MARKET, BY TOOL TYPE

  • 7.1 INTRODUCTION
    • FIGURE 21 POWER TOOLS MARKET, BY TOOL TYPE
    • FIGURE 22 DRILLING AND FASTENING TOOLS TO HOLD LARGEST SIZE OF POWER TOOLS MARKET IN 2025
    • TABLE 3 POWER TOOLS MARKET, BY TOOL TYPE, 2016-2019 (USD MILLION)
    • TABLE 4 POWER TOOLS MARKET, BY TOOL TYPE, 2020-2025 (USD MILLION)
  • 7.2 DRILLING AND FASTENING TOOLS
    • 7.2.1 DRILLS
      • 7.2.1.1 Electric drills to hold major market share during forecast period
    • 7.2.2 IMPACT DRIVERS
      • 7.2.2.1 Impact drivers are preferred by professionals for driving applications
    • 7.2.3 IMPACT WRENCHES
      • 7.2.3.1 Automotive industry is key end-user of impact wrenches
    • 7.2.4 SCREWDRIVERS AND NUTRUNNERS
      • 7.2.4.1 Nutrunners are widely used in automotive and aerospace assembly operations
    • TABLE 5 POWER TOOLS MARKET FOR DRILLING AND FASTENING TOOLS, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 6 POWER TOOLS MARKET FOR DRILLING AND FASTENING TOOLS, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
  • 7.3 DEMOLITION TOOLS
    • 7.3.1 ROTARY HAMMERS/HAMMER DRILLS/DEMOLITION HAMMERS
      • 7.3.1.1 Construction industry to drive demand for demolition tools
    • TABLE 7 POWER TOOLS MARKET FOR DEMOLITION TOOLS, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 8 POWER TOOLS MARKET FOR DEMOLITION TOOLS, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
  • 7.4 SAWING AND CUTTING TOOLS
    • 7.4.1 JIGSAWS
      • 7.4.1.1 Jigsaws are widely used in wood and metal cutting applications
    • 7.4.2 RECIPROCATING SAWS
      • 7.4.2.1 Cordless reciprocating saws are gaining popularity among professionals
    • 7.4.3 CIRCULAR SAWS
      • 7.4.3.1 Circular saws are heavy-duty power tools for professional users
    • 7.4.4 BAND SAWS
      • 7.4.4.1 Band saws are preferred for stationary cutting applications
    • 7.4.5 SHEARS AND NIBBLERS
      • 7.4.5.1 Shears and nibblers are replacing hand tools for metal cutting applications
    • TABLE 9 POWER TOOLS MARKET FOR SAWING AND CUTTING TOOLS, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 10 POWER TOOLS MARKET FOR SAWING AND CUTTING TOOLS, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
  • 7.5 MATERIAL REMOVAL TOOLS
    • 7.5.1 SANDERS/POLISHERS/BUFFERS
      • 7.5.1.1 Demand for sanders and polisher is likely to grow in industrial applications
    • 7.5.2 GRINDERS
      • 7.5.2.1 Angle grinders
        • 7.5.2.1.1 Construction industry is driving demand for angle grinders
      • 7.5.2.2 Die and straight grinders
        • 7.5.2.2.1 Die and straight grinders are used mostly in construction sites, automobile repair shops, and metalworking shops
    • TABLE 11 POWER TOOLS MARKET FOR MATERIAL REMOVAL TOOLS, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 12 POWER TOOLS MARKET FOR MATERIAL REMOVAL TOOLS, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
  • 7.6 ROUTING TOOLS
    • 7.6.1 ROUTERS/PLANERS/JOINERS
      • 7.6.1.1 Palm routers and laminate trimmers
        • 7.6.1.1.1 Woodworking professionals to drive demand for palm routers and laminate trimmers
    • TABLE 13 POWER TOOLS MARKET FOR ROUTING TOOLS, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 14 POWER TOOLS MARKET FOR ROUTING TOOLS, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
  • 7.7 OTHERS
    • TABLE 15 POWER TOOLS MARKET FOR OTHER TOOLS, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 16 POWER TOOLS MARKET FOR OTHER TOOLS, BY MODE OF OPERATION, 2020-2025 (USD MILLION)

8 POWER TOOLS MARKET, BY MODE OF OPERATION

  • 8.1 INTRODUCTION
    • FIGURE 23 POWER TOOLS MARKET, BY MODE OF OPERATION
    • FIGURE 24 ELECTRIC POWER TOOLS TO DOMINATE POWER TOOLS MARKET DURING FORECAST PERIOD
    • TABLE 17 POWER TOOLS MARKET, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 18 POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
  • 8.2 ELECTRIC
    • TABLE 19 ELECTRIC POWER TOOLS MARKET, BY TOOL TYPE, 2016-2019 (USD MILLION)
    • TABLE 20 ELECTRIC POWER TOOLS MARKET, BY TOOL TYPE, 2020-2025 (USD MILLION)
    • TABLE 21 ELECTRIC POWER TOOLS MARKET, BY APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 22 ELECTRIC POWER TOOLS MARKET, BY APPLICATION, 2020-2025 (USD MILLION)
    • TABLE 23 ELECTRIC POWER TOOLS MARKET, BY INDUSTRY, 2016-2019 (USD MILLION)
    • TABLE 24 ELECTRIC POWER TOOLS MARKET, BY INDUSTRY, 2020-2025 (USD MILLION)
    • TABLE 25 ELECTRIC POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 26 ELECTRIC POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 27 ELECTRIC POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 28 ELECTRIC POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 29 ELECTRIC POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 30 ELECTRIC POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 31 ELECTRIC POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 32 ELECTRIC POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 33 ELECTRIC POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 34 ELECTRIC POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 35 ELECTRIC POWER TOOLS MARKET FOR OTHER INDUSTRIES, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 36 ELECTRIC POWER TOOLS MARKET FOR OTHER INDUSTRIES, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 37 ELECTRIC POWER TOOLS MARKET FOR RESIDENTIAL/DIY APPLICATION, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 38 ELECTRIC POWER TOOLS MARKET FOR RESIDENTIAL/DIY APPLICATION, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 39 ELECTRIC POWER TOOLS MARKET, BY TYPE, 2016-2019 (USD MILLION)
    • TABLE 40 ELECTRIC POWER TOOLS MARKET, BY TYPE, 2020-2025 (USD MILLION)
    • TABLE 41 CORDED ELECTRIC POWER TOOLS MARKET, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 42 CORDLESS ELECTRIC POWER TOOLS MARKET, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 43 CORDLESS ELECTRIC POWER TOOLS MARKET, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 44 CORDED ELECTRIC POWER TOOLS MARKET, BY REGION, 2020-2025 (USD MILLION)
    • 8.2.1 CORDED TOOLS
      • 8.2.1.1 Corded electric tools to hold largest size of power tools market during forecast period
    • 8.2.2 CORDLESS TOOLS
      • 8.2.2.1 Market for cordless tools to grow at highest CAGR during forecast period
  • 8.3 PNEUMATIC
    • 8.3.1 CONSTRUCTION AND AUTOMOTIVE INDUSTRIES TO DRIVE DEMAND FOR PNEUMATIC POWER TOOLS DURING FORECAST PERIOD
    • TABLE 45 PNEUMATIC POWER TOOLS MARKET, BY TOOL TYPE, 2016-2019 (USD MILLION)
    • TABLE 46 PNEUMATIC POWER TOOLS MARKET, BY TOOL TYPE, 2020-2025 (USD MILLION)
    • TABLE 47 PNEUMATIC POWER TOOLS MARKET, BY INDUSTRY, 2016-2019 (USD MILLION)
    • TABLE 48 PNEUMATIC POWER TOOLS MARKET, BY INDUSTRY, 2020-2025 (USD MILLION)
    • TABLE 49 PNEUMATIC POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 50 PNEUMATIC POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 51 PNEUMATIC POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 52 PNEUMATIC POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 53 PNEUMATIC POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 54 PNEUMATIC POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 55 PNEUMATIC POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 56 PNEUMATIC POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 57 PNEUMATIC POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 58 PNEUMATIC POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • TABLE 59 PNEUMATIC POWER TOOLS MARKET FOR OTHER INDUSTRIES, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 60 PNEUMATIC POWER TOOLS MARKET FOR OTHER INDUSTRIES, BY REGION, 2020-2025 (USD MILLION)
  • 8.4 OTHER TOOLS
    • TABLE 61 POWER TOOLS MARKET FOR OTHERS, BY TOOL TYPE, 2016-2019 (USD MILLION)
    • TABLE 62 POWER TOOLS MARKET FOR OTHERS, BY TOOL TYPE, 2020-2025 (USD MILLION)
    • TABLE 63 POWER TOOLS MARKET FOR OTHERS, BY INDUSTRY, 2016-2019 (USD MILLION)
    • TABLE 64 POWER TOOLS MARKET FOR OTHERS, BY INDUSTRY, 2020-2025 (USD MILLION)

9 POWER TOOLS MARKET, BY APPLICATION

  • 9.1 INTRODUCTION
    • FIGURE 25 POWER TOOLS MARKET, BY APPLICATION
    • FIGURE 26 INDUSTRIAL APPLICATION IS EXPECTED TO HOLD THE LARGER POWER TOOL MARKET DURING FORECAST PERIOD
    • TABLE 65 POWER TOOLS MARKET, BY APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 66 POWER TOOLS MARKET, BY APPLICATION, 2020-2025 (USD MILLION)
  • 9.2 INDUSTRIAL/PROFESSIONAL
    • TABLE 67 POWER TOOLS MARKET, BY INDUSTRIAL APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 68 POWER TOOLS MARKET, BY INDUSTRIAL APPLICATION, 2020-2025 (USD MILLION)
    • TABLE 69 POWER TOOLS MARKET FOR INDUSTRIAL APPLICATIONS, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 70 POWER TOOLS MARKET FOR INDUSTRIAL APPLICATIONS, BY REGION, 2020-2025 (USD MILLION)
    • 9.2.1 CONSTRUCTION
      • 9.2.1.1 Construction industry held largest size of power tools market in 2019
    • TABLE 71 POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 72 POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 73 POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 74 POWER TOOLS MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • 9.2.2 AUTOMOTIVE
      • 9.2.2.1 Automotive is among major COVID-19-impacted applications in power tools market
    • TABLE 75 POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 76 POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 77 POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 78 POWER TOOLS MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • 9.2.3 AEROSPACE
      • 9.2.3.1 Aerospace to offer lucrative opportunity to material removal tool manufacturers
    • TABLE 79 POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 80 POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 81 POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 82 POWER TOOLS MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • 9.2.4 ENERGY
      • 9.2.4.1 Wind energy to offer significant growth opportunities during forecast period
    • TABLE 83 POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 84 POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 85 POWER TOOLS MARKET FOR ENERGY INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • 9.2.5 SHIPBUILDING
      • 9.2.5.1 APAC held largest size of power tools market for shipbuilding industry in 2019
    • TABLE 86 POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 87 POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 88 POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 89 POWER TOOLS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2020-2025 (USD MILLION)
    • 9.2.6 OTHER INDUSTRIES
    • TABLE 90 POWER TOOLS MARKET FOR OTHER INDUSTRIES, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 91 POWER TOOLS MARKET FOR OTHER INDUSTRIES, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 92 POWER TOOLS MARKET FOR OTHERS INDUSTRIES, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 93 POWER TOOLS MARKET FOR OTHERS INDUSTRIES, BY REGION, 2020-2025 (USD MILLION)
  • 9.3 RESIDENTIAL/DIY
    • 9.3.1 CORDLESS POWER TOOLS TO DRIVE MARKET FOR RESIDENTIAL/DIY APPLICATIONS

10 GEOGRAPHIC ANALYSIS

  • 10.1 INTRODUCTION
    • TABLE 94 POWER TOOLS MARKET, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 95 POWER TOOLS MARKET, BY REGION, 2020-2025 (USD MILLION)
  • 10.2 NORTH AMERICA
    • FIGURE 27 NORTH AMERICA: SNAPSHOT OF POWER TOOLS MARKET
    • TABLE 96 POWER TOOLS MARKET IN NORTH AMERICA, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 97 POWER TOOLS MARKET IN NORTH AMERICA, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 98 POWER TOOLS MARKET IN NORTH AMERICA, BY INDUSTRIAL APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 99 POWER TOOLS MARKET IN NORTH AMERICA, BY INDUSTRIAL APPLICATION, 2020-2025 (USD MILLION)
    • TABLE 100 POWER TOOLS MARKET IN NORTH AMERICA, BY COUNTRY, 2016-2019 (USD MILLION)
    • TABLE 101 POWER TOOLS MARKET IN NORTH AMERICA, BY COUNTRY, 2020-2025 (USD MILLION)
    • 10.2.1 US
      • 10.2.1.1 US to hold largest size of power tools market in 2025
    • 10.2.2 CANADA
      • 10.2.2.1 Growing demand for cordless tools to drive power tools market in Canada
    • 10.2.3 MEXICO
      • 10.2.3.1 Widespread adoption of power tools in construction industry is driving market growth in Mexico
  • 10.3 EUROPE
    • FIGURE 28 EUROPE: SNAPSHOT OF POWER TOOLS MARKET
    • TABLE 102 POWER TOOLS MARKET IN EUROPE, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 103 POWER TOOLS MARKET IN EUROPE, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 104 POWER TOOLS MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 105 POWER TOOLS MARKET IN EUROPE, BY INDUSTRIAL APPLICATION, 2020-2025 (USD MILLION)
    • TABLE 106 POWER TOOLS MARKET IN EUROPE, BY COUNTRY, 2016-2019 (USD MILLION)
    • TABLE 107 POWER TOOLS MARKET IN EUROPE, BY COUNTRY, 2020-2025 (USD MILLION)
    • 10.3.1 GERMANY
      • 10.3.1.1 Germany to remain key market for power tools in Europe during forecast period
    • 10.3.2 FRANCE
      • 10.3.2.1 Presence of leading aerospace and automotive companies to drive demand for power tools in France
    • 10.3.3 UK
      • 10.3.3.1 Growing demand for cordless tools from residential and non-residential users is driving power tools market in UK
    • 10.3.4 ITALY
      • 10.3.4.1 Automotive sector to drive demand for power tools in Italy during forecast period
    • 10.3.5 REST OF EUROPE
  • 10.4 APAC
    • FIGURE 29 APAC: SNAPSHOT OF POWER TOOLS MARKET
    • TABLE 108 POWER TOOLS MARKET IN APAC, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 109 POWER TOOLS MARKET IN APAC, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 110 POWER TOOLS MARKET IN APAC, BY INDUSTRIAL APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 111 POWER TOOLS MARKET IN APAC, BY INDUSTRIAL APPLICATION, 2020-2025 (USD MILLION)
    • TABLE 112 POWER TOOLS MARKET IN APAC, BY COUNTRY, 2016-2019 (USD MILLION)
    • TABLE 113 POWER TOOLS MARKET IN APAC, BY COUNTRY, 2020-2025 (USD MILLION)
    • 10.4.1 CHINA
      • 10.4.1.1 China held largest size of power tools market in APAC
    • 10.4.2 JAPAN
      • 10.4.2.1 Rising adoption of cordless tools is driving demand for power tools in Japan
    • 10.4.3 INDIA
      • 10.4.3.1 Indian power tools market is expected to grow at highest CAGR during forecast period
    • 10.4.4 SOUTH KOREA
      • 10.4.4.1 Shipbuilding industry is key end user of power tools in South Korea
    • 10.4.5 REST OF APAC
  • 10.5 ROW
    • TABLE 114 POWER TOOLS MARKET IN ROW, BY MODE OF OPERATION, 2016-2019 (USD MILLION)
    • TABLE 115 POWER TOOLS MARKET IN ROW, BY MODE OF OPERATION, 2020-2025 (USD MILLION)
    • TABLE 116 POWER TOOLS MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2016-2019 (USD MILLION)
    • TABLE 117 POWER TOOLS MARKET IN ROW, BY INDUSTRIAL APPLICATION, 2020-2025 (USD MILLION)
    • TABLE 118 POWER TOOLS MARKET IN ROW, BY REGION, 2016-2019 (USD MILLION)
    • TABLE 119 POWER TOOLS MARKET IN ROW, BY REGION, 2020-2025 (USD MILLION)
    • 10.5.1 SOUTH AMERICA
      • 10.5.1.1 Brazil and Argentina are major markets in South America
    • 10.5.2 MIDDLE EAST AND AFRICA
      • 10.5.2.1 UAE, Saudi Arabia, and South Africa are key markets in South America

11 COMPETITIVE LANDSCAPE

  • 11.1 OVERVIEW
    • FIGURE 30 KEY PLAYERS ADOPTED PRODUCT LAUNCHES AND ACQUISITIONS AS KEY GROWTH STRATEGIES DURING 2016-2019
  • 11.2 MARKET RANKING ANALYSIS
    • FIGURE 31 RANKING OF TOP 5 PLAYERS IN POWER TOOLS MARKET (2019)
  • 11.3 COMPETITIVE LEADERSHIP MAPPING
    • 11.3.1 VISIONARY LEADERS
    • 11.3.2 DYNAMIC DIFFERENTIATORS
    • 11.3.3 INNOVATORS
    • 11.3.4 EMERGING COMPANIES
    • FIGURE 32 POWER TOOLS MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
  • 11.4 STRENGTH OF PRODUCT PORTFOLIO
    • FIGURE 33 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN POWER TOOLS MARKET
  • 11.5 BUSINESS STRATEGY EXCELLENCE
    • FIGURE 34 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN POWER TOOLS MARKET
  • 11.6 COMPETITIVE SCENARIO
    • 11.6.1 PRODUCT LAUNCHES
    • TABLE 120 PRODUCT LAUNCHES, 2017-2020
    • 11.6.2 ACQUISITIONS
    • TABLE 121 STRATEGIC ACQUISITIONS, 2017-2020

12 COMPANY PROFILES

(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)**

  • 12.1 KEY PLAYERS
    • 12.1.1 STANLEY BLACK & DECKER
    • FIGURE 35 STANLEY BLACK & DECKER: COMPANY SNAPSHOT
    • 12.1.2 BOSCH
    • FIGURE 36 BOSCH: COMPANY SNAPSHOT
    • FIGURE 37 TECHTRONIC INDUSTRIES: COMPANY SNAPSHOT
    • 12.1.4 MAKITA
    • FIGURE 38 MAKITA: COMPANY SNAPSHOT
    • 12.1.5 HILTI
    • FIGURE 39 HILTI: COMPANY SNAPSHOT
    • 12.1.6 ATLAS COPCO
    • FIGURE 40 ATLAS COPCO: COMPANY SNAPSHOT
    • 12.1.7 APEX TOOL GROUP
    • 12.1.8 INGERSOLL-RAND
    • FIGURE 41 INGERSOLL RAND: COMPANY SNAPSHOT
    • 12.1.9 SNAP-ON
    • FIGURE 42 SNAP-ON: COMPANY SNAPSHOT
    • 12.1.10 KOKI HOLDINGS
    • FIGURE 43 KOKI HOLDINGS: COMPANY SNAPSHOT
  • 12.2 OTHER KEY PLAYERS
    • 12.2.1 EMERSON ELECTRIC CO.
    • 12.2.2 PANASONIC CORPORATION
    • 12.2.3 ILLINOIS TOOL WORKS INC. (ITW)
    • 12.2.4 FORTIVE CORPORATION
    • 12.2.5 ANDREAS STIHL
    • 12.2.6 POSITEC TOOL GROUP
    • 12.2.7 CHERVON (CHINA) TRADING CO. LTD.
    • 12.2.8 C. & E. FEIN GMBH
    • 12.2.9 FERM B.V.
    • 12.2.10 AIMCO GLOBAL
    • 12.2.11 URYU SEISAKU, LTD.
    • 12.2.12 INTERSKOL
    • 12.2.13 TTS TOOLTECHNIC SYSTEMS AG & CO. KG (FESTOOL)
    • 12.2.14 KYOCERA CORPORATION
    • 12.2.15 CS UNITEC

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

13 ADJACENT & RELATED MARKETS

  • 13.1 INTRODUCTION
  • 13.2 LIMITATIONS
  • 13.3 MARKET DEFINITION
  • 13.4 MARKET OVERVIEW
  • 13.5 ELECTRIC FASTENING SYSTEM MARKET, BY POWER SOURCE
    • TABLE 122 HANDHELD ELECTRIC FASTENING SYSTEM MARKET, BY POWER SOURCE, 2014-2023 (USD MILLION)
  • 13.6 ELECTRIC FASTENING SYSTEM MARKET, BY INDUSTRY
    • TABLE 123 ELECTRIC FASTENING SYSTEM MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
    • 13.6.1 AUTOMOTIVE
    • TABLE 124 ELECTRIC FASTENING SYSTEM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
    • 13.6.2 AEROSPACE
    • TABLE 125 ELECTRIC FASTENING SYSTEM MARKET FOR AEROSPACE INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
    • 13.6.3 ELECTRONIC AND CONSUMER APPLIANCES
    • TABLE 126 ELECTRIC FASTENING SYSTEMS MARKET IN ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
    • 13.6.4 ENERGY
    • TABLE 127 ELECTRIC FASTENING SYSTEM MARKET FOR ENERGY INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
    • 13.6.5 SHIPBUILDING
    • TABLE 128 ELECTRIC FASTENING SYSTEM MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
    • 13.6.6 OTHERS
    • TABLE 129 ELECTRIC FASTENING SYSTEM MARKET FOR OTHER INDUSTRIES, BY REGION, 2014-2023 (USD MILLION)
  • 13.7 GEOGRAPHIC ANALYSIS
    • TABLE 130 ELECTRIC FASTENING SYSTEM MARKET, BY REGION, 2014-2023 (USD MILLION)

14 APPENDIX

  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 14.3 AVAILABLE CUSTOMIZATIONS
  • 14.4 RELATED REPORTS
  • 14.5 AUTHOR DETAILS
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