+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Power Tools Market in US 2019-2023 - Product Image

Power Tools Market in US 2019-2023

  • ID: 4749667
  • Report
  • Region: United States
  • 134 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • APEX Tool Group
  • Emerson Electric
  • Ingersoll-Rand
  • Makita
  • Robert Bosch
  • Snap-on
  • MORE
DIY projects refer to activities in which individuals such as hobbyists, residents, amateurs, or enthusiasts engage themselves in the modification, upgrading, maintenance, and rebuilding of their material possessions such as household appliances automobiles residences and bicycles. DIY projects are performed using raw or semi-finished raw materials, suitable tools, and equipment with no or little assistance of professionals.

Home improvement projects constitute the majority of the DIY projects undertaken in the global DIY market Some of the home improvement projects include replacing a shower faucet or refinishing the basement and attic. In addition, supply-side factors such as the growing number of home improvement stores and the increasing availability of power tools (from mass merchandisers and online retailers) are expected to drive the demand for power tools or DIY projects in the US. The analysts have predicted that the power tools market in US will register a CAGR of over 6% by 2023.

Market Overview

Technological innovation accelerating replacement demand

Tradesmen such as construction workers, plumbers and woodworkers are the major end-users of power tools in the US market. Unlike DIY users, tradesmen expect greater precision, convenience and productivity from their power tools. Thus, either a considerable decline in the performance of power tools or the availability of technologically advanced power tools results in the replacement demand for power tools from tradesmen which will fuel the growth of the power tools market in the US.

Risk of rising interests’ rates

A rising interest rate discourages borrowing by businesses and individuals and encourages savings. This results in reduced business and consumer spending. The benchmark rates in the US are expected to rise further in 2019 due to the strong economic growth of the US rising inflation and the higher issuance of the US government bonds. This may pose a significant growth risk for the construction industry in the US. Since the construction industry is one of the major end-users of power tools in the US, the rising interest rates may also hinder the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the power tools market in US during the 2019-2023, view this report.

Competitive Landscape

The power tools market in US appears to be fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • APEX Tool Group
  • Emerson Electric
  • Ingersoll-Rand
  • Makita
  • Robert Bosch
  • Snap-on
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • Professional - Market size and forecast 2018-2023
  • Consumer - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TECHNOLOGY
  • Market segmentation by technology
  • Comparison by technology
  • Electric - Market size and forecast 2018-2023
  • Pneumatic - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by technology
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • APEX Tool Group
  • Emerson Electric
  • Ingersoll-Rand
  • Makita
  • Robert Bosch
  • Snap-on
  • Stanley Black & Decker
  • Techtronic Industries
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global power tools market
Exhibit 03: Segments of global power tools market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Power tools and their applications
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2018
Exhibit 09: Country market: Size and forecast 2018-2023 ($ billions)
Exhibit 10: Country market: Size and forecast 2018-2023 (million units)
Exhibit 11: Country market: Year-over-year growth 2019-2023 (%)
Exhibit 12: Country market: Year-over-year volume growth 2019-2023 (%)
Exhibit 13: Five forces analysis 2018
Exhibit 14: Five forces analysis 2023
Exhibit 15: Bargaining power of buyers
Exhibit 16: Bargaining power of suppliers
Exhibit 17: Threat of new entrants
Exhibit 18: Threat of substitutes
Exhibit 19: Threat of rivalry
Exhibit 20: Market condition - Five forces 2018
Exhibit 21: End-user - Market share 2018-2023 (%)
Exhibit 22: Comparison by end-user
Exhibit 23: Professional - Market size and forecast 2018-2023 ($ billions)
Exhibit 24: Professional - Market size and forecast 2018-2023 (million units)
Exhibit 25: Professional - Year-over-year growth 2019-2023 (%)
Exhibit 26: Professional - Year-over-year volume growth 2019-2023 (%)
Exhibit 27: Consumer - Market size and forecast 2018-2023 ($ billions)
Exhibit 28: Consumer - Market size and forecast 2018-2023 (million units)
Exhibit 29: Consumer - Year-over-year growth 2019-2023 (%)
Exhibit 30: Consumer - Year-over-year volume growth 2019-2023 (%)
Exhibit 31: Market opportunity by end-user
Exhibit 32: Customer landscape
Exhibit 33: Technology - Market share 2018-2023 (%)
Exhibit 34: Comparison by technology
Exhibit 35: Electric - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: Electric - Market size and forecast 2018-2023 (million units)
Exhibit 37: Electric - Market share of corded and cordless power tools in US market in 2018
Exhibit 38: Electric - Year-over-year growth 2019-2023 (%)
Exhibit 39: Electric - Year-over-year volume growth 2019-2023 (%)
Exhibit 40: Pneumatic - Market size and forecast 2018-2023 ($ billions)
Exhibit 41: Pneumatic - Market size and forecast 2018-2023 (million units)
Exhibit 42: Pneumatic - Year-over-year growth 2019-2023 (%)
Exhibit 43: Pneumatic - Year-over-year volume growth 2019-2023 (%)
Exhibit 44: Others - Market size and forecast 2018-2023 ($ billions)
Exhibit 45: Others - Market size and forecast 2018-2023 (million units)
Exhibit 46: Others - Year-over-year growth 2019-2023 (%)
Exhibit 47: Others - Year-over-year volume growth 2019-2023 (%)
Exhibit 48: Market opportunity by technology
Exhibit 49: Decision framework
Exhibit 50: Impact of drivers and challenges
Exhibit 51: Vendor landscape
Exhibit 52: Landscape disruption
Exhibit 53: Vendors covered
Exhibit 54: Vendor classification
Exhibit 55: Market positioning of vendors
Exhibit 56: APEX Tool Group - Vendor overview
Exhibit 57: APEX Tool Group - Organizational developments
Exhibit 58: APEX Tool Group - Key offerings
Exhibit 59: Emerson Electric - Vendor overview
Exhibit 60: Emerson Electric - Business segments
Exhibit 61: Emerson Electric - Organizational developments
Exhibit 62: Emerson Electric - Geographic focus
Exhibit 63: Emerson Electric - Segment focus
Exhibit 64: Emerson Electric - Key offerings
Exhibit 65: Ingersoll-Rand - Vendor overview
Exhibit 66: Ingersoll-Rand - Business segments
Exhibit 67: Ingersoll-Rand - Organizational developments
Exhibit 68: Ingersoll-Rand - Geographic focus
Exhibit 69: Ingersoll-Rand - Segment focus
Exhibit 70: Ingersoll-Rand - Key offerings
Exhibit 71: Makita - Vendor overview
Exhibit 72: Makita - Business segments
Exhibit 73: Makita - Organizational developments
Exhibit 74: Makita - Geographic focus
Exhibit 75: Makita - Segment focus
Exhibit 76: Makita - Key offerings
Exhibit 77: Robert Bosch - Vendor overview
Exhibit 78: Robert Bosch - Business segments
Exhibit 79: Robert Bosch - Organizational developments
Exhibit 80: Robert Bosch - Geographic focus
Exhibit 81: Robert Bosch - Segment focus
Exhibit 82: Robert Bosch - Key offerings
Exhibit 83: Snap-on - Vendor overview
Exhibit 84: Snap-on - Business segments
Exhibit 85: Snap-on - Organizational developments
Exhibit 86: Snap-on - Geographic focus
Exhibit 87: Snap-on - Segment focus
Exhibit 88: Snap-on - Key offerings
Exhibit 89: Stanley Black & Decker - Vendor overview
Exhibit 90: Stanley Black & Decker - Business segments
Exhibit 91: Stanley Black & Decker - Organizational developments
Exhibit 92: Stanley Black & Decker - Geographic focus
Exhibit 93: Stanley Black & Decker - Segment focus
Exhibit 94: Stanley Black & Decker - Key offerings
Exhibit 95: Techtronic Industries - Vendor overview
Exhibit 96: Techtronic Industries - Business segments
Exhibit 97: Techtronic Industries - Organizational developments
Exhibit 98: Techtronic Industries - Geographic focus
Exhibit 99: Techtronic Industries - Segment focus
Exhibit 100: Techtronic Industries - Key offerings
Exhibit 101: Validation techniques employed for market sizing
Exhibit 102: List of abbreviations
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • APEX Tool Group
  • Emerson Electric
  • Ingersoll-Rand
  • Makita
  • Robert Bosch
  • Snap-on
  • MORE
Power Tools Market in US 2019-2023

The analyst recognizes the following companies as the key players in the power tools market in US: APEX Tool Group, Emerson Electric, Ingersoll-Rand, Makita, Robert Bosch, Snap-on, Stanley Black & Decker, Techtronic Industries.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing trend of introducing web and digital connectivity in power tools in the power tools market in the US.”

According to the report, one of the major drivers for this market is the technological innovation accelerating replacement demand.

Further, the report states that one of the major factors hindering the growth of this market is the reliance of power tool vendors on a few large retailers is one of the major challenges faced by the power tools market in the US.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • APEX Tool Group
  • Emerson Electric
  • Ingersoll-Rand
  • Makita
  • Robert Bosch
  • Snap-on
  • Stanley Black & Decker
  • Techtronic Industries
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Order Online - visit: https://www.researchandmarkets.com/reports/4749667
Adroll
adroll