Market Overview:
The global electrical installation power tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electrical installation power tools in residential applications, construction field, industry field, and other applications. Additionally, the growing demand for cordless electrical installation power tools is also contributing to the growth of this market. North America is expected to lead the global electrical installation power tools market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Electrical installation power tools are used to install electrical wiring and fixtures. They are important because they make the job easier and faster, which can lead to a safer installation.
Corded:
Corded power tools have been dominating the electrical installation power tools market for many years. The corded tool system has its origin in the industrial sector and was initially used to reduce fatigue-related problems in heavy machinery. These systems are now being increasingly adopted by residential electricians as well, owing to their numerous benefits such as lightweight design, ease of use, and longer battery life among others.
Cordless:
Cordless power tools have been designed for use where an electric outlet is not easily accessible. This has led to the development of compact and lightweight products that are easy to handle. Cordless power tools are also useful in places where it is difficult to plug in the tool due to space constraints or if there are no electrical outlets available.
Application Insights:
The construction field application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructural development activities across the globe, especially in developing economies such as India, China and Brazil. This factor is likely to increase product demand for electrical installation purposes during construction projects which will drive industry growth over the coming years.
Industry applications include manufacturing facilities, production units or plants where electricity plays an important role in operating machinery or equipment used for production processes of various commodities including chemicals and pharmaceuticals among others.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in developing countries, such as China and India. In addition, rising demand for electrical installation power tools in industrial applications is anticipated to drive the APAC market over the forecast period.
The Europe electrical installation power tools industry accounted for a share of more than 20% in 2017 owing to high product adoption across several industries including construction and automotive among others. Moreover, growing awareness regarding safety with respect to heavy machinery operation will drive regional growth during the forecast period.
North America region witnessed significant growth due its large presence of manufacturing facilities along with high demand from residential application segments owing to increased spending on home improvement projects across U.S., Canada and Mexico are expected fuel industry expansion over next eight years (2018 - 2026).
Growth Factors:
- Increasing demand for electrical installation power tools in construction and automotive industries
- Rising popularity of DIY projects and home improvement activities
- Growing awareness about the benefits of using electrical installation power tools
- Proliferation of online retail platforms that offer a wide range of electrical installation power tools at competitive prices
- Continuous innovation by manufacturers to introduce new and improved products in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Installation Power Tools Market Research Report
By Type
Corded, Cordless
By Application
Residential Applications, Construction Field, Industry Field, Others
By Companies
Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, HiKOKI, Hilti, Einhell, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Installation Power Tools Market Report Segments:
The global Electrical Installation Power Tools market is segmented on the basis of:
Types
Corded, Cordless
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Applications, Construction Field, Industry Field, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stanley Black&Decker (DeWalt)
- Bosch
- TTI
- Makita
- HiKOKI
- Hilti
- Einhell
- Snap-on
- DEVON (Chevron Group)
- Festool
- Apex Tool Group
- Dongcheng
- C. & E. Fein
- Zhejiang Crown
- Positec Group
- Jiangsu Jinding
- KEN
Highlights of The Electrical Installation Power Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corded
- Cordless
- By Application:
- Residential Applications
- Construction Field
- Industry Field
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Installation Power Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical installation power tools are a type of tool that are used to install electrical wiring and fixtures. They include drills, saws, hammers, screwdrivers, and other tools needed for the job.
Some of the key players operating in the electrical installation power tools market are Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, HiKOKI, Hilti, Einhell, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN.
The electrical installation power tools market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrical Installation Power Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrical Installation Power Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical Installation Power Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrical Installation Power Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrical Installation Power Tools Market Size & Forecast, 2018-2028
4.5.1 Electrical Installation Power Tools Market Size and Y-o-Y Growth
4.5.2 Electrical Installation Power Tools Market Absolute $ Opportunity
Chapter 5 Global Electrical Installation Power Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrical Installation Power Tools Market Size Forecast by Type
5.2.1 Corded
5.2.2 Cordless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrical Installation Power Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrical Installation Power Tools Market Size Forecast by Applications
6.2.1 Residential Applications
6.2.2 Construction Field
6.2.3 Industry Field
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Installation Power Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrical Installation Power Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrical Installation Power Tools Analysis and Forecast
9.1 Introduction
9.2 North America Electrical Installation Power Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrical Installation Power Tools Market Size Forecast by Type
9.6.1 Corded
9.6.2 Cordless
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrical Installation Power Tools Market Size Forecast by Applications
9.10.1 Residential Applications
9.10.2 Construction Field
9.10.3 Industry Field
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrical Installation Power Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Electrical Installation Power Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrical Installation Power Tools Market Size Forecast by Type
10.6.1 Corded
10.6.2 Cordless
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrical Installation Power Tools Market Size Forecast by Applications
10.10.1 Residential Applications
10.10.2 Construction Field
10.10.3 Industry Field
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrical Installation Power Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrical Installation Power Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrical Installation Power Tools Market Size Forecast by Type
11.6.1 Corded
11.6.2 Cordless
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrical Installation Power Tools Market Size Forecast by Applications
11.10.1 Residential Applications
11.10.2 Construction Field
11.10.3 Industry Field
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrical Installation Power Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrical Installation Power Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrical Installation Power Tools Market Size Forecast by Type
12.6.1 Corded
12.6.2 Cordless
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrical Installation Power Tools Market Size Forecast by Applications
12.10.1 Residential Applications
12.10.2 Construction Field
12.10.3 Industry Field
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrical Installation Power Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrical Installation Power Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrical Installation Power Tools Market Size Forecast by Type
13.6.1 Corded
13.6.2 Cordless
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrical Installation Power Tools Market Size Forecast by Applications
13.10.1 Residential Applications
13.10.2 Construction Field
13.10.3 Industry Field
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrical Installation Power Tools Market: Competitive Dashboard
14.2 Global Electrical Installation Power Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanley Black&Decker (DeWalt)
14.3.2 Bosch
14.3.3 TTI
14.3.4 Makita
14.3.5 HiKOKI
14.3.6 Hilti
14.3.7 Einhell
14.3.8 Snap-on
14.3.9 DEVON (Chevron Group)
14.3.10 Festool
14.3.11 Apex Tool Group
14.3.12 Dongcheng
14.3.13 C. & E. Fein
14.3.14 Zhejiang Crown
14.3.15 Positec Group
14.3.16 Jiangsu Jinding
14.3.17 KEN
