Market Overview:
The global portable electric 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 portable electric tools from various end-use industries, such as outdoor engineering, mobile machinery, family decoration, handicraft workshop, and others. In addition, factors such as technological advancements and rising disposable income are also contributing to the growth of this market. Based on type, the global portable electric tools market is segmented into greater than 50 volts and lesser than 50 volts segments. The greater than 50 volts segment is expected to account for a larger share of the global portable electric tools market in 2018 owing to its high performance and efficiency as compared with lesser than 50 volts segment.
Product Definition:
A portable electric tool is a hand-held power tool that plugs into an electrical outlet. Portable electric tools are used for a variety of tasks, including drilling, sanding, and cutting.
Greater Than 50 Volts:
The greater than 50 volts segment is expected to grow at a CAGR of XX% from 2018 to 2025. It has been observed that the demand for greater than 50 volts portable electric tools is increasing rapidly. The growth in this segment can be attributed to the growing demand for power driven equipment across various industries such as construction, automotive, and electronics among others.
The market players are focusing on developing high voltage batteries with superior quality.
Lesser Than 50 Volts:
The lesser than 50 volts electric tools are designed for small maintenance and repair applications. The voltage range between 20V to 49V is considered as the lesser than 50 volts electric tools. These products have a compact design and can be easily carried from one place to another due to their lightweight features.
These products are mostly used by carpenters, painters, plumbers, glaziers, roofers etc.
Application Insights:
The outdoor engineering application segment led the global portable electric tools market in 2017. The growth can be attributed to the increasing demand for electrical equipment for construction, agriculture and other applications. Furthermore, manufacturers are entering into partnerships with local service providers to establish retail stores or rental outlets near project sites that provide a wide range of products including generators, power saws and other related products at an affordable price.
The mobile machinery application segment is expected to register a significant CAGR over the forecast period owing to increased demand from construction companies for their fleet of heavy-duty vehicles that include trucks, tractors and dragline excavators among others. Portable electric tools such as drill rigs have been proven effective in drilling holes accurately on account of which they are widely used by various companies across different industries worldwide including oil & gas, mining and civil engineering among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing construction activities in emerging economies including China, India, and Japan. Furthermore, rising disposable income levels are anticipated to fuel the demand for portable electric tools in this region.
North America accounted for more than 25% of the overall revenue share in 2017 owing to high product adoption across various applications such as outdoor engineering works, mobile machinery, handicraft workshop among others. Moreover North America witnessed an increase in sales tax on some power tool products which was applied only on manual power tools; hence resulting into an increased demand for battery operated or hand-held devices among consumers which is further fueling growth across this region.
Growth Factors:
- Increasing demand for electric tools in construction and automotive industries
- Rising disposable income of consumers in developing countries
- Technological advancements in portable electric tools
- Growing popularity of DIY projects among consumers
- Increasing number of home improvement stores and online retailers
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Electric Tools Market Research Report
By Type
Greater Than 50 Volts, Lesser Than 50 Volts
By Application
Outdoor Engineering, Mobile Machinery, Family Decoration, Handicraft Workshop, Others
By Companies
HILTI, BOSCH, HITACHI, FESTOOL, MAKITA CORPORATION, AEG POWERTOOLS, SKF, AGP, Zhejiang Huafeng Electric Tools, Mirage, Panasonic, Prince Lumber, MACE PLUS, DeWalt, Makita, Milwaukee, Fein, Atlas Copco, Axminster Power Tool Centre, B&Q, Brammer, Clarke Power Products UK, Cromwell Tools, CTS Ironmongery, Draper Tools, Erbauer, Eriks Industrial Services, Grafton Group, ITW Construction Products, JCB, Machine Mart
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Portable Electric Tools Market Report Segments:
The global Portable Electric Tools market is segmented on the basis of:
Types
Greater Than 50 Volts, Lesser Than 50 Volts
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
Outdoor Engineering, Mobile Machinery, Family Decoration, Handicraft Workshop, 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:
- HILTI
- BOSCH
- HITACHI
- FESTOOL
- MAKITA CORPORATION
- AEG POWERTOOLS
- SKF
- AGP
- Zhejiang Huafeng Electric Tools
- Mirage
- Panasonic
- Prince Lumber
- MACE PLUS
- DeWalt
- Makita
- Milwaukee
- Fein
- Atlas Copco
- Axminster Power Tool Centre
- B&Q, Brammer
- Clarke Power Products UK
- Cromwell Tools
- CTS Ironmongery
- Draper Tools
- Erbauer
- Eriks Industrial Services
- Grafton Group
- ITW Construction Products
- JCB
- Machine Mart
Highlights of The Portable Electric 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:
- Greater Than 50 Volts
- Lesser Than 50 Volts
- By Application:
- Outdoor Engineering
- Mobile Machinery
- Family Decoration
- Handicraft Workshop
- 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 Portable Electric 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?
Portable electric tools are small, lightweight devices that can be used to perform a variety of tasks. They include drills, saws, and other tools that can be easily transported from one location to another.
Some of the major players in the portable electric tools market are HILTI, BOSCH, HITACHI, FESTOOL, MAKITA CORPORATION, AEG POWERTOOLS, SKF, AGP, Zhejiang Huafeng Electric Tools, Mirage, Panasonic, Prince Lumber, MACE PLUS, DeWalt, Makita, Milwaukee, Fein, Atlas Copco, Axminster Power Tool Centre, B&Q, Brammer, Clarke Power Products UK, Cromwell Tools, CTS Ironmongery, Draper Tools, Erbauer, Eriks Industrial Services, Grafton Group, ITW Construction Products, JCB, Machine Mart.
The portable electric tools market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Electric 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. Portable Electric Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Electric Tools Market - Supply Chain
4.5. Global Portable Electric Tools Market Forecast
4.5.1. Portable Electric Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Electric Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Electric Tools Market Absolute $ Opportunity
5. Global Portable Electric Tools Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Electric Tools Market Size and Volume Forecast by Type
5.3.1. Greater Than 50 Volts
5.3.2. Lesser Than 50 Volts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Electric Tools Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Electric Tools Market Size and Volume Forecast by Application
6.3.1. Outdoor Engineering
6.3.2. Mobile Machinery
6.3.3. Family Decoration
6.3.4. Handicraft Workshop
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Electric Tools Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Electric Tools Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Electric Tools Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Electric Tools Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Electric Tools Demand Share Forecast, 2019-2026
9. North America Portable Electric 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. North America Portable Electric Tools Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Electric Tools Market Size and Volume Forecast by Application
9.4.1. Outdoor Engineering
9.4.2. Mobile Machinery
9.4.3. Family Decoration
9.4.4. Handicraft Workshop
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Electric Tools Market Size and Volume Forecast by Type
9.7.1. Greater Than 50 Volts
9.7.2. Lesser Than 50 Volts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Electric Tools Demand Share Forecast, 2019-2026
10. Latin America Portable Electric 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
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Electric Tools Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Electric Tools Market Size and Volume Forecast by Application
10.4.1. Outdoor Engineering
10.4.2. Mobile Machinery
10.4.3. Family Decoration
10.4.4. Handicraft Workshop
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Electric Tools Market Size and Volume Forecast by Type
10.7.1. Greater Than 50 Volts
10.7.2. Lesser Than 50 Volts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Electric Tools Demand Share Forecast, 2019-2026
11. Europe Portable Electric 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
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Electric Tools Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Electric Tools Market Size and Volume Forecast by Application
11.4.1. Outdoor Engineering
11.4.2. Mobile Machinery
11.4.3. Family Decoration
11.4.4. Handicraft Workshop
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Electric Tools Market Size and Volume Forecast by Type
11.7.1. Greater Than 50 Volts
11.7.2. Lesser Thn 50 Volts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Electric Tools Demand Share, 2019-2026
12. Asia Pacific Portable Electric 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
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Electric Tools Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Electric Tools Market Size and Volume Forecast by Application
12.4.1. Outdoor Engineering
12.4.2. Mobile Machinery
12.4.3. Family Decoration
12.4.4. Handicraft Workshop
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Electric Tools Market Size and Volume Forecast by Type
12.7.1. Greater Than 50 Volts
12.7.2. Lesser Than 50 Volts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Electric Tools Demand Share, 2019-2026
13. Middle East & Africa Portable Electric Tools Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Electric Tools Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Electric Tools Market Size and Volume Forecast by Application
13.4.1. Outdoor Engineering
13.4.2. Mobile Machinery
13.4.3. Family Decoration
13.4.4. Handicraft Workshop
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Electric Tools Market Size and Volume Forecast by Type
13.7.1. Greater Than 50 Volts
13.7.2. Lesser Than 50 Volts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Electric Tools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Electric Tools Market: Market Share Analysis
14.2. Portable Electric Tools Distributors and Customers
14.3. Portable Electric Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HILTI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BOSCH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HITACHI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FESTOOL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MAKITA CORPORATION
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AEG POWERTOOLS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SKF
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AGP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhejiang Huafeng Electric Tools
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mirage
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Panasonic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Prince Lumber
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. MACE PLUS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DeWalt
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Makita
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Milwaukee
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Fein
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Atlas Copco
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Axminster Power Tool Centre
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. B&Q, Brammer
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
