Global Power Tools Market 2017-2021

About Power Tools

Power tools are mechanical or electromechanical equipment that draw electricity from an external power source, without the application of manual labor to achieve a specific action. Power tools are commonly used in the construction and manufacturing industries to perform activities such as drilling, sawing, grinding, screwing, and cutting. However, application areas for power tools are diverse and wide, depending on the end-user and the industry. Power tools are used to increase the efficiency of manual operations, thereby increasing worker productivity and saving time. There are also several end-user applications that require the use of customized power tools to perform specific tasks.

Technavio’s analysts forecast the global power tools market to grow at a CAGR of 4.77% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global power tools market for 2017-2021. To calculate the market size, the report considers the sales revenue.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Power Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Apex Tool Group
• Makita
• Robert Bosch
• Stanley Black & Decker
• Techtronic Industries
Other prominent vendors
• ANDREAS STIHL
• Atlas Copco
• C. & E. Fein
• CHERVON (China) Trading
• Emerson Electric
• Evolution Power Tools
• Hilti
• Hitachi Koki
• Illinois Tool Works
• INTERSKOL
• JET Tools
• Josch Group
• Master Air Tool
• Nemo Power Tools
• Panasonic
• Positec Tool
• Snap-on
• Triton Tools
Market driver
• Rise in global construction and infrastructure development activities
• For a full, detailed list, view our report

Market challenge
• Volatility in prices of raw materials
• For a full, detailed list, view our report

Market trend
• Wireless battery charging technology
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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