Power Tools Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis

Global Power Tools report from Global Insight Services is the single authoritative source of intelligence on Power Tools market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Segments

By Mode Of Operation

  • Electric
    • Corded
    • Cordless
    • Pneumatic
  • Others

By Application

  • Industrial
  • Residential
Key Players
  • Emerson Electric, Co.
  • Hilti Corporation
  • Ingersoll-Rand
  • Koki Holdings Co., Ltd.
  • Makita Corporation
  • Robert Bosch
  • Stanley Black & Decker

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Key Trends and Drivers

Some of the key trends in the power tools market are:

Firstly, the rise of cordless power tools is a key trend that is set to continue. This is due to the fact that cordless power tools offer a number of advantages over their corded counterparts, including being more portable and easier to use.

Secondly, another key trend is the increasing popularity of brushless motors. Brushless motors offer a number of advantages over traditional brushed motors, including being more efficient and longer lasting.

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