Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Multi-Tool Power Tools Market by Type (Cordless, Corded), By Application (Household, Contractors, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Multi-Tool Power Tools Market by Type (Cordless, Corded), By Application (Household, Contractors, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 305765 4200 Machinery & Equipment 377 224 Pages 4.6 (47)
                                          

Market Overview:


The global multi-tool power tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cordless multi-tool power tools from household and contractor applications. Additionally, the growing construction industry in emerging economies is also contributing to the growth of the global multi-tool power tools market. North America accounted for majority of the share in terms of revenue in 2017 and is expected to maintain its dominance during the forecast period.


Global Multi-Tool Power Tools Industry Outlook


Product Definition:


A multi-tool power tool is a handheld device that combines several tools into one unit. Multi-tool power tools are often used by construction workers, electricians, and other professionals who need to have a variety of tools at their disposal. Multi-tool power tools can be used for a variety of purposes, including cutting metal, drilling holes in wood or metal, and sanding surfaces.


Cordless:


Cordless power tools have been gaining popularity among the consumers due to its convenience and flexibility. These tools are battery-powered, which eliminates the need for plugging into an electrical outlet. The growing trend of Do-It-Yourself (DIY) activities has increased the demand for lightweight, easy to use equipment that offers improved safety and greater operational mobility.


Corded:


Corded power tools are powered through an electric cord, and they are more efficient as compared to their battery-powered counterparts. The primary benefit of these tools is that they do not require any external source of power other than the one provided by the manufacturer. This eliminates the need for buying additional batteries or charging units, thereby saving both time and money.


Application Insights:


The household segment dominated the global multi-tool power tools market, accounting for more than 50.0% share of the overall revenue in 2017. The growth can be attributed to increasing working population and rapid urbanization, especially in developing regions such as Asia Pacific and Latin America. In addition, growing awareness regarding electrical safety is also expected to drive demand over the forecast period.


The contractors' application segment is expected to expand at a CAGR of XX%, in terms of revenue from 2018 to 2030 owing to rising demand for high performance cutting tools by construction workers onsite or offsite locations across various industries worldwide including automotive, building & construction and industrial applications among others.


Regional Analysis:


Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and rising disposable income of consumers. Furthermore, government initiatives encouraging people to adopt energy-efficient products are anticipated to drive product demand in this region. For instance, China has implemented a National Energy Conservation Law that promotes energy efficiency among various industrial sectors including power tools industry.


North America accounted for a significant share of revenue in 2017 owing with high spending on home improvement activities across U.S., which resulted into increased sales volume of multi-tool power tools across this region as well as Europe and Asia Pacific regions (excluding Middle East & Africa). However, slow economic growth along with limited new housing constructions may hinder regional market expansion over the next eight years due North American Free Trade Agreement (NAFTA) allowing free trade agreement between U.S.


Growth Factors:


  • Increasing demand for multi-tool power tools in the construction and automotive industries due to their versatility and efficiency.
  • Rising popularity of DIY projects and home improvement initiatives, which is driving demand for multi-tool power tools among consumers.
  • Growing awareness about the benefits of using multi-tool power tools among professionals and hobbyists alike.
  • Technological advancements that have led to the development of more efficient and versatile multi-tool power tools models in recent years.

Scope Of The Report

Report Attributes

Report Details

Report Title

Multi-Tool Power Tools Market Research Report

By Type

Cordless, Corded

By Application

Household, Contractors, Others

By Companies

C. & E. Fein GmbH, TTI, Stanley BLACK+DECKER (DeWalt), Positec Group, Bosch, Hitachi Koki, Makita Tools, Festool, DEVON (Chevron Group), Einhell, Emerson Electric (Ridgid), Richpower Industries (Genesis), CROWN, Dongcheng

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

224

Number of Tables & Figures

157

Customization Available

Yes, the report can be customized as per your need.


Global Multi-Tool Power Tools Market Report Segments:

The global Multi-Tool Power Tools market is segmented on the basis of:

Types

Cordless, Corded

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

Household, Contractors, 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:

  1. C. & E. Fein GmbH
  2. TTI
  3. Stanley BLACK+DECKER (DeWalt)
  4. Positec Group
  5. Bosch
  6. Hitachi Koki
  7. Makita Tools
  8. Festool
  9. DEVON (Chevron Group)
  10. Einhell
  11. Emerson Electric (Ridgid)
  12. Richpower Industries (Genesis)
  13. CROWN
  14. Dongcheng

Global Multi-Tool Power Tools Market Overview


Highlights of The Multi-Tool Power Tools Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Cordless
    2. Corded
  1. By Application:

    1. Household
    2. Contractors
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Multi-Tool 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
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  • Consumer Insights
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  • Product & Brand Management
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Global Multi-Tool Power Tools Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Multi-Tool Power Tools is a category of power tools that includes a variety of different types of hand-held tools. These tools can be used for various purposes, such as carpentry, construction, and home improvement.

Some of the major companies in the multi-tool power tools market are C. & E. Fein GmbH, TTI, Stanley BLACK+DECKER (DeWalt), Positec Group, Bosch, Hitachi Koki, Makita Tools, Festool, DEVON (Chevron Group), Einhell, Emerson Electric (Ridgid), Richpower Industries (Genesis), CROWN, Dongcheng.

The multi-tool power tools market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-Tool 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 Multi-Tool Power Tools Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Multi-Tool 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 Multi-Tool 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 Multi-Tool Power Tools Market Size & Forecast, 2020-2028       4.5.1 Multi-Tool Power Tools Market Size and Y-o-Y Growth       4.5.2 Multi-Tool Power Tools Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 Cordless
      5.2.2 Corded
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Household
      6.2.2 Contractors
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Multi-Tool 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 Multi-Tool 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 Cordless
      9.6.2 Corded
   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  Market Size Forecast by Applications
      9.10.1 Household
      9.10.2 Contractors
      9.10.3 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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 Cordless
      10.6.2 Corded
   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  Market Size Forecast by Applications
      10.10.1 Household
      10.10.2 Contractors
      10.10.3 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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 Cordless
      11.6.2 Corded
   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  Market Size Forecast by Applications
      11.10.1 Household
      11.10.2 Contractors
      11.10.3 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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 Cordless
      12.6.2 Corded
   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  Market Size Forecast by Applications
      12.10.1 Household
      12.10.2 Contractors
      12.10.3 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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 Cordless
      13.6.2 Corded
   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)  Market Size Forecast by Applications
      13.10.1 Household
      13.10.2 Contractors
      13.10.3 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 Multi-Tool Power Tools Market: Competitive Dashboard
   14.2 Global Multi-Tool Power Tools Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 C. & E. Fein GmbH
      14.3.2 TTI
      14.3.3 Stanley BLACK+DECKER (DeWalt)
      14.3.4 Positec Group
      14.3.5 Bosch
      14.3.6 Hitachi Koki
      14.3.7 Makita Tools
      14.3.8 Festool
      14.3.9 DEVON (Chevron Group)
      14.3.10 Einhell
      14.3.11 Emerson Electric (Ridgid)
      14.3.12 Richpower Industries (Genesis)
      14.3.13 CROWN
      14.3.14 Dongcheng

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