The global industrial power tools market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for power tools in various industries such as construction and industry. The increasing demand for power tools in these industries is due to the growing need for faster and more efficient work processes, which can be achieved with the help of these tools.
The Lithium Ion Battery segment accounted for a share of over 50% in 2017 and is expected to maintain its dominance throughout the forecast period owing to its high energy density, low weight, long life span, and high efficiency levels. The NiMH Battery segment accounted for a share of over 30% in 2017 and is expected to maintain its dominance throughout the forecast period owing to its low cost per unit capacity ratio coupled with good performance levels.
Some Of The Growth Factors Of This Market:
- The increasing demand for power tools in the construction industry is a major factor driving the growth of the industrial power tools market.
- The increasing demand for power tools in the automotive industry is a major factor driving the growth of the industrial power tools market.
- The increasing demand for power tools in other industries such as mining, aerospace, and shipbuilding is a major factor driving the growth of the industrial power tool market.
- Increasing investments by governments and private companies to develop new technologies are also contributing to this market's growth.
- Increasing use of automation in various industries such as automotive, aerospace, and shipbuilding will drive this market's growth.
Industry Growth Insights published a new data on “Industrial Power Tools Market”. The research report is titled “Industrial Power Tools Market research by Types (Lithium-Ion Battery, Ni-Cad Battery, NiMH Battery, Other), By Applications (Construction Field, Industry Field, Other), By Players/Companies Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Power Tools Market Research Report
By Type
Lithium-Ion Battery, Ni-Cad Battery, NiMH Battery, Other
By Application
Construction Field, Industry Field, Other
By Companies
Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, 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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Power Tools Market Report Segments:
The global Industrial Power Tools market is segmented on the basis of:
Types
Lithium-Ion Battery, Ni-Cad Battery, NiMH Battery, Other
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
Construction Field, Industry Field, Other
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
- Hitachi Koki
- Hilti
- Metabo
- Snap-on
- DEVON (Chevron Group)
- Festool
- Apex Tool Group
- Dongcheng
- C. & E. Fein
- Zhejiang Crown
- Positec Group
- Jiangsu Jinding
- KEN
Highlights of The Industrial 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:
- Lithium-Ion Battery
- Ni-Cad Battery
- NiMH Battery
- Other
- By Application:
- Construction Field
- Industry Field
- Other
- 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 Industrial 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
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- Product & Brand 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?
Industrial power tools are machines used in industrial settings to perform specific tasks. These tools can be used for a variety of purposes, such as manufacturing, construction, and agriculture.
Some of the major companies in the industrial power tools market are Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN.
The industrial power tools market is expected to grow at a compound annual growth rate of 4.5%.
1 Executive Summary
2 Assumptions and Acronyms Used
3 Research Methodology
4 Industrial Power Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.2 Macro-Economic Factors
4.2.1 Industry Outlook
4.3 Industrial Power Tools Market Dynamics
4.3.1 Market Drivers
4.3.2 Market Restraints
4.3.3 Opportunity
4.3.4 Market Trends
4.4 Industrial Power Tools Market - Supply Chain
4.5 Global Industrial Power Tools Market Forecast
4.5.1 Industrial Power Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2 Industrial Power Tools Market Size (000’ Units) and Y-o-Y Growth
4.5.3 Industrial Power Tools Market Absolute $ Opportunity
5 Global Industrial Power Tools Market Analysis and Forecast by Mode
5.1 Market Trends
5.2 Introduction
5.2.1 Basis Point Share (BPS) Analysis by Mode
5.2.2 Y-o-Y Growth Projections by Mode
5.3 Industrial Power Tools Market Size and Volume Forecast by Mode
5.3.1 Electric
5.3.2 Pneumatic
5.3.3 Other
5.4 Absolute $ Opportunity Assessment by Mode
5.5 Market Attractiveness/Growth Potential Analysis by Mode
6 Global Industrial Power Tools Market Analysis and Forecast by Tool Type
6.1 Market Trends
6.2 Introduction
6.2.1 Basis Point Share (BPS) Analysis by Tool Type
6.2.2 Y-o-Y Growth Projections by Tool Type
6.3 Industrial Power Tools Market Size and Volume Forecast by Tool Type
6.3.1 Drilling Tools
6.3.2 Fastening Tools
6.3.3 Material Removal Tools
6.3.4 Cutting Tools
6.3.5 Others
6.4 Absolute $ Opportunity Assessment by Tool Type
6.5 Market Attractiveness/Growth Potential Analysis by Tool Type
7 Global Industrial Power Tools Market Analysis and Forecast by Region
7.1 Market Trends
7.2 Introduction
7.2.1 Basis Point Share (BPS) Analysis by Region
7.2.2 Y-o-Y Growth Projections by Region
7.3 Industrial Power Tools Market Size and Volume Forecast by Region
7.3.1 North America
7.3.2 Europe
7.3.3 Asia Pacific
7.3.4 Latin America
7.3.5 Middle East and Africa (MEA)
7.4 Absolute $ Opportunity Assessment by Region
7.5 Market Attractiveness/Growth Potential Analysis by Region
7.6 Global Industrial Power Tools Demand Share Forecast, 2019-2026
8 North America Industrial Power Tools Market Analysis and Forecast
8.1 Introduction
8.1.1 Basis Point Share (BPS) Analysis by Country
8.1.2 Y-o-Y Growth Projections by Country
8.2 North America Industrial Power Tools Market Size and Volume Forecast by Country
8.2.1 U.S.
8.2.2 Canada
8.3 Absolute $ Opportunity Assessment by Country
8.4 North America Industrial Power Tools Market Size and Volume Forecast by Mode
8.4.1 Electric
8.4.2 Pneumatic
8.4.3 Other
8.5 Basis Point Share (BPS) Analysis by Mode
8.6 Y-o-Y Growth Projections by Mode
8.7 North America Industrial Power Tools Market Size and Volume Forecast by Tool Type
8.7.1 Drilling Tools
8.7.2 Fastening Tools
8.7.3 Material Removal Tools
8.7.4 Cutting Tools
8.7.5 Others
8.8 Basis Point Share (BPS) Analysis by Tool Type
8.9 Y-o-Y Growth Projections by Tool Type
8.10 Market Attractiveness/Growth Potential Analysis
8.10.1 By Country
8.10.2 By Mode
8.10.3 By Tool Type
8.11 North America Industrial Power Tools Demand Share Forecast, 2019-2026
9 Europe Industrial Power Tools Market Analysis and Forecast
9.1 Introduction
9.1.1 Basis Point Share (BPS) Analysis by Country
9.1.2 Y-o-Y Growth Projections by Country
9.2 Europe Industrial Power Tools Market Size and Volume Forecast by Country
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 U.K.
9.2.5 Spain
9.2.6 Russia
9.2.7 Rest of Europe
9.3 Absolute $ Opportunity Assessment by Country
9.4 Europe Industrial Power Tools Market Size and Volume Forecast by Mode
9.4.1 Electric
9.4.2 Pneumatic
9.4.3 Other
9.5 Basis Point Share (BPS) Analysis by Mode
9.6 Y-o-Y Growth Projections by Mode
9.7 Europe Industrial Power Tools Market Size and Volume Forecast by Tool Type
9.7.1 Drilling Tools
9.7.2 Fastening Tools
9.7.3 Material Removal Tools
9.7.4 Cutting Tools
9.7.5 Others
9.8 Basis Point Share (BPS) Analysis by Tool Type
9.9 Y-o-Y Growth Projections by Tool Type
9.10 Market Attractiveness/Growth Potential Analysis
9.10.1 By Country
9.10.2 By Mode
9.10.3 By Tool Type
9.11 Europe Industrial Power Tools Demand Share Forecast, 2019-2026
10 Asia Pacific Industrial Power Tools Market Analysis and Forecast
10.1 Introduction
10.1.1 Basis Point Share (BPS) Analysis by Country
10.1.2 Y-o-Y Growth Projections by Country
10.2 Asia Pacific Industrial Power Tools Market Size and Volume Forecast by Country
10.2.1 China
10.2.2 Japan
10.2.3 South Korea
10.2.4 India
10.2.5 Australia
10.2.6 Rest of Asia Pacific (APAC)
10.3 Absolute $ Opportunity Assessment by Country
10.4 Asia Pacific Industrial Power Tools Market Size and Volume Forecast by Mode
10.4.1 Electric
10.4.2 Pneumatic
10.4.3 Other
10.5 Basis Point Share (BPS) Analysis by Mode
10.6 Y-o-Y Growth Projections by Mode
10.7 Asia Pacific Industrial Power Tools Market Size and Volume Forecast by Tool Type
10.7.1 Drilling Tools
10.7.2 Fastening Tools
10.7.3 Material Removal Tools
10.7.4 Cutting Tools
10.7.5 Others
10.8 Basis Point Share (BPS) Analysis by Tool Type
10.9 Y-o-Y Growth Projections by Tool Type
10.10 Market Attractiveness/Growth Potential Analysis
10.10.1 By Country
10.10.2 By Mode
10.10.3 By Tool Type
10.11 Asia Pacific Industrial Power Tools Demand Share Forecast, 2019-2026
11 Latin America Industrial Power Tools Market Analysis and Forecast
11.1 Introduction
11.1.1 Basis Point Share (BPS) Analysis by Country
11.1.2 Y-o-Y Growth Projections by Country
11.2 Latin America Industrial Power Tools Market Size and Volume Forecast by Country
11.2.1 Brazil
11.2.2 Mexico
11.2.3 Rest of Latin America (LATAM)
11.3 Absolute $ Opportunity Assessment by Country
11.4 Latin America Industrial Power Tools Market Size and Volume Forecast by Mode
11.4.1 Electric
11.4.2 Pneumatic
11.4.3 Other
11.5 Basis Point Share (BPS) Analysis by Mode
11.6 Y-o-Y Growth Projections by Mode
11.7 Latin America Industrial Power Tools Market Size and Volume Forecast by Tool Type
11.7.1 Drilling Tools
11.7.2 Fastening Tools
11.7.3 Material Removal Tools
11.7.4 Cutting Tools
11.7.5 Others
11.8 Basis Point Share (BPS) Analysis by Tool Type
11.9 Y-o-Y Growth Projections by Tool Type
11.10 Market Attractiveness/Growth Potential Analysis
11.10.1 By Country
11.10.2 By Mode
11.10.3 By Tool Type
11.11 Latin America Industrial Power Tools Demand Share Forecast, 2019-2026
12 Middle East & Africa Industrial Power Tools Market Analysis and Forecast
12.1 Introduction
12.1.1 Basis Point Share (BPS) Analysis by Country
12.1.2 Y-o-Y Growth Projections by Country
12.2 MEA Industrial Power Tools Market Size and Volume Forecast by Country
12.2.1 Saudi Arabia
12.2.2 South Africa
12.2.3 UAE
12.2.4 Rest of Middle East & Africa (MEA)
12.3 Absolute $ Opportunity Assessment by Country
12.4 MEA Industrial Power Tools Market Size and Volume Forecast by Mode
12.4.1 Electric
12.4.2 Pneumatic
12.4.3 Other
12.4.4 Basis Point Share (BPS) Analysis by Mode
12.5 Y-o-Y Growth Projections by Mode
12.6 MEA Industrial Power Tools Market Size and Volume Forecast by Tool Type
12.6.1 Drilling Tools
12.6.2 Fastening Tools
12.6.3 Material Removal Tools
12.6.4 Cutting Tools
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Tool Type
12.8 Y-o-Y Growth Projections by Tool Type
12.9 Market Attractiveness/Growth Potential Analysis
12.9.1 By Country
12.9.2 By Mode
12.9.3 By Tool Type
12.10 MEA Industrial Power Tools Demand Share Forecast, 2019-2026
13 Competition Landscape
13.1 Global Industrial Power Tools Market: Market Share Analysis
13.2 Industrial Power Tools Distributors and Customers
13.3 Industrial Power Tools Market: Competitive Dashboard
13.4 Company Profiles (Details – Overview, Financials, Developments, Strategy)
13.4.1 Apex Tool Group
13.4.2 Bosch
13.4.3 DEVON
13.4.4 Dongcheng
13.4.5 Festool
13.4.6 Hilti
13.4.7 Hitachi Koki
13.4.8 KEN
13.4.9 Makita
13.4.10 Metabo
13.4.11 Positec Group
13.4.12 Snap-on
13.4.13 Stanley Black & Decker (DeWalt)
13.4.14 TTI
13.4.15 Zhejiang Crown
