Albany, NY -- (SBWIRE) -- 01/23/2019 -- The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as "Global Fastening Power Tools Market - Predicted to Expand at a CAGR of 6.9% during Forecast till 2026". The fact-based research report on the global Fastening Power Tools market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

The report identifies the drivers and restraints affecting the growth of the fastening power tools market. Changing trends are also analyzed and incorporated in the report to equip the client with exhaustive information about the market, thus facilitating better decision making. Macroeconomic factors that directly and indirectly affect the growth of the fastening power tools market are also incorporated into the report.

The fastening power tools market is classified on the basis of product type, technology, mode of sales, end-use applications, and by region. The value of the global fastening power tools is estimated to reach approximately US$ 2,401.9 Mn by the end of 2018. The fastening power tools market is expected to register a CAGR of 6.9% over the forecast period

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The market value for all segments has been taken in US$ Mn and market volume has been taken in thousand units, unless otherwise stated in the report.

A section of the report highlights country-wise demand for fastening power tools. It provides a market outlook for 2018-2026 and sets the forecast within the context of the fastening power tools market, including new technological developments as well as product offerings for applications.

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. The report provides detailed market share analysis of the fastening power tools market on the basis of key manufacturers. Comprehensive profiles of manufacturers are also included within the scope of the report to evaluate strategies, key offerings, and recent developments in the fastening power tools market.

Market volume is inferred through in-depth secondary research and validated from industry experts through primary interviews. Each interview is thoroughly analyzed and the average market volume is deduced and reconfirmed prior to incorporating in the report. The price of fastening power tools is deduced on the basis of product type, where the average price of each type is inferred across all the five assessed regions. The market value of the fastening power tools market is thus calculated from the data provided by the average selling price and market volume.

For the 8-year forecast of the fastening power tools market, various macroeconomic factors & changing trends have been observed, which give an idea about the future of the market. Other important factors considered to arrive at the market forecast are the size of the current market, inputs from the demand side & the supply side, and other dynamics shaping the market scenario.

In the compilation of the report, the forecast is conducted in terms of CAGR, while other important criteria such as year-on-year growth and absolute dollar opportunity have also been incorporated, thus presenting the client with crystal clear insights and future opportunities as far as the fastening power tools market is concerned.

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