Albany, NY -- (SBWIRE) -- 09/21/2018 -- Improving economic conditions in developing countries and rapidly spreading urban regions worldwide have seen a rise in the production and sales of automobiles, and consequently it has significantly raised the demand for fastening power tools owing to its essentiality in the automobile production process. Revenue earned from the data integration software market are estimated to grow at a CAGR of 6.9% through 2026. Such Insights have been gleaned from the report titled "Global Market Study on Fastening Power Tools: Europe to Remain Most Attractive Regional Market Through 2026" added recently to the huge repository of Market Research Reports Search Engine (MRRSE).

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Increasing applications due to safety requirements in mining, construction and chemical industries, along with rising preference for smaller DIY maintenance processes is expected to boost market growth. Electric fastening power tools are expected to dominate the market for the foreseeable future. In addition, fastening power tools play an essential role in the maintaining precisely controlled environments for semiconductors, which are required in high performance, and long-lasting, consumer electronics that possess increased functionality. This is expected to provide a significant boost to the fastening power tools market.

Some of the key players in the fastening power tools market are Hitachi Koki Co., Xindalu, Electronic Technology Company and Makita Corporation.

Fastening Power Tools Market: Report Overview

The report contains an exhaustive analysis and forecast at a regional and global level for the fastening power tools market, in terms of value (US$ Mn), and volume (Thousand Units) for the period of forecast 2018 to 2026. Vital dynamics of business, such as economic, political and social factors impacting the development and requirement for fastening power tools have been comprehensively studied in the report.

An end-to-end analysis on the fastening power tools industry has been offered in this report, and it has been effectively been utilized to help in a better understanding about the competitive scenario among major market players. A complete market attractiveness analysis of each player has been included in the report, where applications have precisely been assessed on the basis of their general attractiveness, market size, and growth rate. Key players have been assessed on the basis of SWOT analysis, relevant recent developments, company overview, and business strategies.

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Fastening Power Tools Market: Research Methodology

Elaborate discussions and interviews have been conducted with eminent industry experts and opinion leaders while compiling this report. End-to-end primary and secondary research has been used, to extract reliable insights on the fastening power tools market. Primary research comprises a large part of the research efforts, which is strongly supported by in-depth secondary research.

Key market players in the fastening power tools market have been studied in detail, and relevant data has been extracted from sources such as annual reports, press releases, and other relevant documents and databases for better understanding of the market's competitor landscape. The research approach is found to be effective and successful in extracting actionable insights on market data, easier understanding of the industry, and finding unexplored business opportunities.

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