Albany, NY -- (SBWIRE) -- 04/18/2016 -- Power tools are used to manufacture products with increased convenience and ease. There are different types of power tools such as electric power tools, engine-driven power tools, and pneumatic power tools. Power tools are adopted for different operations such as drilling, screw driving, chiseling, routing, sanding, polishing, buffing, and leveling. Engine-driven power tools use gasoline for their operation, and pneumatic power tools operate with the effective deployment of compressors. These tools are used across industries such as automotive, infrastructure, construction, woodworking, aerospace, and electrical and electronics.

The power tools market in the US to grow at a CAGR of 4.22% over the period 2015-2019. This report covers the present scenario and the growth prospects of the power tools market in the US during the period 2015-2019. For ascertaining the market size and vendor share, the report considers the revenue generated from the sales of power tools.

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Technavio's report, the Power Tools Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the power tools market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- Bosch
- Makita
- Stanley Black & Decker
- Techtronic Industries

Other prominent vendor
- Actuant
- Blount International
- Emerson Electric
- Hilti
- Hitachi Koki
- Panasonic
- Snap-On

Market driver
- Recovery of manufacturing sector
- For a full, detailed list, view our report

Market challenge
- Lack of product differentiation
- For a full, detailed list, view our report

Market trend
- Energy-efficient power tools
- For a full, detailed list, view our report

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Key questions answered in this report:

- What will the market size be in 2019 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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