Market Research Store

Power Tool Market 2014 Will Present at CAGR of 7%, and Is Expected to Be Up to 314 Million Units by 2017.


Deerfield Beach, FL -- (SBWIRE) -- 09/28/2015 -- Market Research Store releases a new market research report "Power Tool Market 2014: Industry Analysis, Size, Share, Development, and Forecast to 2017" to add to its collection of research reports.

According to China Power Tool Industry Report, 2014-2017 made by Sino Market Insight, China's output of power tools will present a CAGR of 7% during 2014-2017, and the figure is expected to be up to 314 million units in 2017.

Do Inquiry For Sample Before Purchasing Report:
China is a large exporter of power tools, with more than 80% of products for export. In 2013, China exported a total of 201 million units of sundry power tool, up 2.06% year on year; later in the first half year of 2014 the export volume reached 104 million units with a year-on-year rise of 3.5%, of which the export volume of electric drill and scrubbing tool reached 31.22 million units and 23.74 million units separately and swept the largest shares, 30% and 22.8% respectively.
Power tools, as a whole, can be divided into industrial grade, professional grade and household grade, among which household power tool has not a high threshold for market access, typically characteristic of decentralized operation. Currently, the top five producer of household power tool in China hold a total market share of less than 10%, and most small-sized firms have gross margin of below 10% each.

By contrast, the professional power tool has a far higher gross margin than the household power tool, with the average industrial gross margin remaining between 15% and 25% over the recent years, particularly the gross margin of multinational corporations' brands high up to 25%-35% on average.

Do Inquiry For Buying This Report:

China Power Tool Industry Report, 2014-2017 by Sino Market Insight, including five chapters and 65 charts, highlights the followings:
1. Overview of power tool industry (consisting mainly of macro economy and related policies);
2. Analysis on China power tool market (involving the estimation of market size and the analysis of regional output);
3. China power tool import & export market (such as the import & export volume and value of breakdown products);
4. Competition pattern (analysis of influential brands and barriers for industry accession);
5. Operation of 15 power tool companies worldwide (including profile, financial indices, revenue structure, major customers, performance prediction, etc.)

About Market Research Store
Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

Contact US:
Joel John
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442, USA
USA Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651