Market Overview:
The global stirring power tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cordless stirring power tools in residential and construction applications. Additionally, the growing demand for industrial and commercial applications is also propelling the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
Stirring power tools are used to mix and blend substances together. They are usually handheld devices with a rotating blade that is used to chop and blend the ingredients. The importance of stirring power tools is that they provide a more thorough mixing than can be achieved by hand. This allows for more consistent results in whatever substance is being mixed.
Corded:
Corded power tools have been dominating the market due to their high efficiency and flexibility. Cordless power tools are also gaining popularity as they reduce the need for extension cords, which makes them more user-friendly. The growth of this segment can be attributed to factors such as growing construction industry, rising demand from automotive sector and technological advancements in battery technology.
Cordless:
Cordless power tools are powered by a rechargeable battery pack, which is either integrated into the tool or is separately rechargeable. The first cordless power tool was introduced in 1996 and since then they have become extremely popular due to their convenience and flexibility. Cordless tools offer more versatility than conventional ones as they can be used for both indoor and outdoor applications with no changes in functionality.
Application Insights:
The residential applications segment accounted for the largest share of over 50.0% in 2017. The growth can be attributed to increasing construction activities and need for cleaning, grinding, mixing and crushing of concrete in the residential sector. Strict government rules regarding ground safety and hygiene are also driving stirrer demand in this segment.
Construction field is expected to be one of the fastest-growing application segments due to rising number of construction projects across various countries worldwide including India, China, U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in construction activities owing to growing urbanization, rising disposable income of consumers and improving standards of living. These factors have contributed to an increase in infrastructure development projects such as hospitals, schools, colleges, airports etc., thereby driving the demand for stirling power tools across various applications.
The growth can also be attributed to increasing foreign investments coupled with favorable government policies promoting industrial development across emerging economies such as China and India. Furthermore, rapid industrialization along with advancements in manufacturing processes is anticipated to drive product demand over the forecast period.
Europe accounted for a significant share of revenue generated by stirring power tools industry globally due to presence of major players operating within this region including Bosch Tools Corporation; DeWalt Industrial Tool Group; Makita Power Tools Ltd.
Growth Factors:
- Increasing demand for electric power tools in construction and automotive industries
- Rising disposable income of consumers in developing countries
- Technological advancements in electric power tools
- Growing popularity of do-it-yourself (DIY) projects among consumers
- Expansion of retail networks by leading players
Scope Of The Report
Report Attributes
Report Details
Report Title
Stirring 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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Stirring Power Tools Market Report Segments:
The global Stirring 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 Stirring 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 Stirring 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Stirring power tools are a type of tool that use an electric motor to create motion. They are used for a variety of tasks, including stirring liquids and powders, grinding materials, and cutting objects.
Some of the major players in the stirring 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 stirring 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 Stirring 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 Stirring Power Tools Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Stirring 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 Stirring 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 Stirring Power Tools Market Size & Forecast, 2020-2028 4.5.1 Stirring Power Tools Market Size and Y-o-Y Growth 4.5.2 Stirring 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 Corded
5.2.2 Cordless
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 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 Stirring 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 Stirring 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 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 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 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 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 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 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 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 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 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 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 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) 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 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) 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 Stirring Power Tools Market: Competitive Dashboard
14.2 Global Stirring 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