Global Power Tools Market: Size, Trends & Forecasts (2020-2024)

The report entitled “Global Power Tools Market: Size, Trends & Forecasts (2020-2024)” provides an in-depth analysis of the power tools market including a detailed description of market sizing and growth. The report provides an analysis of the power tools market by value, volume, energy source and by end-user. The report also includes regional analysis of the power tools market for the following regions: North America, Europe, Asia Pacific and Latin America, Middle East & Africa.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall power tools market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the power tools market are Stanley Black & Decker, Techtronic Industries, The Bosch Group and Makita Corporation. The four companies have been profiled in the report providing a detailed analysis of their financial information and business strategies.

Country Coverage

North America
Europe
Asia Pacific
Latin America, Middle East & Africa

Company Coverage

Stanley Black & Decker
Techtronic Industries
The Bosch Group
Makita Corporation

Executive Summary

Power tools are devices that are powered by an additional power source other than the manual labor which is used with hand tools. Power tools serve various purposes such as cutting, grilling, shaping, fastening, grinding, etc.

Major advantages of power tools include high speed, greater efficiency as compared to hand tools, energy conservation, reduced operational time and greater accuracy. However, power tools also pose a higher risk of injury to the user as compared to hand tools.

Power tools have been segmented on the basis of energy source, end-user and tool type. Based on the energy source, power tools have been segmented into electric, pneumatic and others. Electric power tools have been further divided into corded and cordless. On the basis of end-user, power tools have been segregated into residential and non-residential. Based on tool type, power tools have been divided into drilling and fastening tools, demolition tools, sawing and cutting tools, material removal tools, routing tools and other tools.

The global power tools market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2024). The market is expected to be driven by various growth enhancing factors such as rapid industrialization, increasing construction and infrastructure development, growing demand for commercial vehicles, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are human safety risks and high maintenance cost.

1. Executive Summary

2. Introduction

2.1 Power Tools: An Overview
2.1.1 Power Tools Classification
2.1.2 Power Tools Distribution Channel
2.2 Advantages and Disadvantages of Power Tools
2.2.1 Advantages of Power Tools
2.2.2 Disadvantages of Power Tools
2.3 Power Tools Segmentation: An Overview
2.3.1 Power Tools Segmentation by Energy Source
2.3.2 Power Tools Segmentation by End-User
2.3.3 Power Tools Segmentation by Tool Type

3. Global Market Analysis

3.1 Global Power Tools Market: An Analysis
3.1.1 Global Power Tools Market by Value
3.1.2 Global Power Tools Market by Volume
3.1.3 Global Power Tools Market Value by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
3.1.4 Global Power Tools Market Value by Energy Source (Electric, Pneumatic, Others)
3.1.5 Global Power Tools Market Value by End-User (Non-Residential, Residential)
3.2 Global Power Tools Market: Energy Source Analysis
3.2.1 Global Electric Power Tools Market by Value
3.2.2 Global Electric Power Tools Market by Type (Corded, Cordless)
3.2.3 Global Corded Electric Power Tools Market by Value
3.2.4 Global Cordless Electric Power Tools Market by Value
3.2.5 Global Pneumatic Power Tools Market by Value
3.2.6 Global Other Power Tools Market by Value
3.3 Global Power Tools Market: End-User Analysis
3.3.1 Global Residential Power Tools Market by Value
3.3.2 Global Non-Residential Power Tools Market by Value

4. Regional Market Analysis

4.1 North America Power Tools Market: An Analysis
4.1.1 North America Power Tools Market by Value
4.2 Europe Power Tools Market: An Analysis
4.2.1 Europe Power Tools Market by Value
4.3 Asia Pacific Power Tools Market: An Analysis
4.3.1 Asia Pacific Power Tools Market by Value
4.3.2 Asia Pacific Power Tools Market by Region (China, Asia Pacific (excluding China))
4.3.3 China Power Tools Market by Value
4.3.4 Asia Pacific (Excluding China) Power Tools Market by Value
4.4 Latin America, Middle East & Africa Power Tools Market: An Analysis
4.4.1 Latin America, Middle East & Africa Power Tools Market by Value

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Rapid Industrialization
5.1.2 Urbanization
5.1.3 Increasing Construction and Infrastructure Development
5.1.4 Rising Aircraft Manufacturing
5.1.5 Growing Demand for Commercial Vehicles
5.2 Challenges
5.2.1 Human Safety Risks
5.2.2 High Maintenance Cost
5.3 Market Trends
5.3.1 Shift from Corded to Cordless Power Tools
5.3.2 Smart Power Tools

6. Competitive Landscape

6.1 Global Power Tools Market Players Brand Overview
6.2 Global Industrial Power Tools Players by Market Share

7. Company Profiles

7.1 Stanley Black & Decker
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Techtronic Industries
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 The Bosch Group
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Makita Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures & Tables:

Figure 1: Power Tools Classification
Figure 2: Power Tools Distribution Channel
Figure 3: Advantages of Power Tools
Figure 4: Disadvantages of Power Tools
Figure 5: Power Tools Segmentation by Energy Source
Figure 6: Power Tools Segmentation by End-User
Figure 7: Power Tools Segmentation by Tool Type
Figure 8: Global Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 9: Global Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 10: Global Power Tools Market by Volume; 2014-2019 (Million Units)
Figure 11: Global Power Tools Market by Volume; 2020-2024 (Million Units)
Figure 12: Global Power Tools Market Value by Region; 2019 (Percentage, %)
Figure 13: Global Power Tools Market Value by Energy Source; 2019 (Percentage, %)
Figure 14: Global Power Tools Market Value by End-User; 2019 (Percentage, %)
Figure 15: Global Electric Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 16: Global Electric Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 17: Global Electric Power Tools Market by Type; 2019 (Percentage, %)
Figure 18: Global Corded Electric Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 19: Global Corded Electric Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 20: Global Cordless Electric Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 21: Global Cordless Electric Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 22: Global Pneumatic Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 23: Global Pneumatic Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 24: Global Other Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 25: Global Other Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 26: Global Residential Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 27: Global Residential Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 28: Global Non-Residential Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 29: Global Non-Residential Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 30: North America Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 31: North America Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 32: Europe Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 33: Europe Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 34: Asia Pacific Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 35: Asia Pacific Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 36: Asia Pacific Power Tools Market by Region; 2019 (Percentage, %)
Figure 37: China Power Tools Market by Value; 2015-2019 (US$ Billion)
Figure 38: China Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 39: Asia Pacific (Excluding China) Power Tools Market by Value; 2015-2019 (US$ Billion)
Figure 40: Asia Pacific (Excluding China) Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 41: Latin America, Middle East & Africa Power Tools Market by Value; 2014-2019 (US$ Billion)
Figure 42: Latin America, Middle East & Africa Power Tools Market by Value; 2020-2024 (US$ Billion)
Figure 43: Global Industrial Production by Region; 2015-2018 (Index)
Figure 44: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 45: Global Construction Spending; 2014-2025 (US$ Trillion)
Figure 46: Global Aircraft Manufacturing Market; 2017-2022 (US$ Billion)
Figure 47: Global Commercial Vehicles Production; 2014-2018 (Million Units)
Figure 48: Global Industrial Power Tools Players by Market Share; 2018 (Percentage, %)
Figure 49: Stanley Black & Decker Net Sales; 2014-2018 (US$ Billion)
Figure 50: Stanley Black & Decker Net Sales by Segments; 2018 (Percentage, %)
Figure 51: Stanley Black & Decker Net Sales by Region; 2018 (Percentage, %)
Figure 52: Techtronic Industries Revenue; 2014-2018 (US$ Billion)
Figure 53: Techtronic Industries Revenue by Segments; 2018 (Percentage, %)
Figure 54: Techtronic Industries Revenue by Region; 2018 (Percentage, %)
Figure 55: The Bosch Group Sales Revenue; 2014-2018 (US$ Billion)
Figure 56: The Bosch Group Sales Revenue by Segments; 2018 (Percentage, %)
Figure 57: The Bosch Group Sales Revenue by Region; 2018 (Percentage, %)
Figure 58: Makita Corporation Revenue; 2018-2019 (US$ Billion)
Figure 59: Makita Corporation Revenue by Segments; 2019 (Percentage, %)
Figure 60: Makita Corporation Revenue by Region; 2019 (Percentage, %)
Table 1: Global Power Tools Market Players Brand Overview