Los Angeles, CA -- (SBWire) -- 04/11/2019 --Power tool accessories are products used in power tools. Power tool accessories include drill bits, screwdriver bits, router bits, abrasives, saw blades and threading products, etc.
The US was the world's largest consumer and second largest producer of power tools, accounting for 24 percent of sales and 12 percent of output. The US market will account for approximately one-sixth of additional global sales. The country is a significant market for power tools because it is home to substantial tool using industries such as construction, general manufacturing, and motor vehicle production and repair.
China was the second largest national market for power tools, with ten percent of global demand, and was the largest producer, with one-third of global output. In addition, power tool growth in China through 2018 will be nearly double the global average.
The global Power Tool Accessories market was 9570 million US$ in 2018 and is expected to 11800 million US$ by the end of 2025, growing at a CAGR of 3.1% between 2019 and 2025.
This report studies the Power Tool Accessories market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Power Tool Accessories in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Stanley Black & Decker
Bosch
Techtronic
Makita
Snap-on
Hilti
Hitachi Koki
Husqvarna
Baier
Klein Tools
By the product type, the market is primarily split into
Drill Bits
Screwdriver Bits
Router Bits
Circular Saw Blades
Jig Saw Blades
Band Saw Blades
Abrasive Wheels
Reciprocating Saw Blades
By the end users/application, this report covers the following segments
Hole Saws
Miter Saw Blades
Wire Wheels & Brushes
Sander Backing Pad
Abrasive Sanding Discs
Sandpaper
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