Global Power Tools Market to Grow at a CAGR of 4.74% During 2016-2020:

MarketResearchReports.Biz announces addition of new report “Global Power Tools Market 2016-2020” to its database.


Albany, NY -- (SBWire) -- 08/10/2016 --Power tools are used to create products with increased ease and convenience. The types of power tools include engine-driven power tools, electric power tools, and pneumatic power tools. Engine-driven power tools require steam engines to operate and are used by both professionals and individuals to cut hedges and wood. The power source for pneumatic power tool is compressed air from air compressors, which helps the tool to function effectively.

Technavios analysts forecast the global power tools market to grow at a CAGR of 4.74% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global power tools market for 2016-2020. To calculate the market size, we have estimated the demand for power tools by region.

The market is divided into the following segments based on geography:


Technavio's report, Global Power Tools Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Robert Bosch
Stanley Black & Decker

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Other prominent vendors
Atlas Copco
Casal Power Tools
Hitachi Koki

Market driver
Increase in construction activities in emerging nations in APAC
For a full, detailed list, view our report

Market challenge
Decline in construction activities and automotive sales in China
For a full, detailed list, view our report

Market trend
Technological advancements in power tools
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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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