Global Fastening Power Tools Market to Reach $5.1 Billion by 2030
The global market for Fastening Power Tools estimated at US$3.2 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Rebar Tier, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Corrugated Fasteners segment is readjusted to a revised 6.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $867 Million, While China is Forecast to Grow at 8.8% CAGR
The Fastening Power Tools market in the U.S. is estimated at US$867 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.Select Competitors (Total 34 Featured) -
- Aimco Global
- C. & E. FEIN GmbH
- DeWALT
- Hilti Corporation
- Hitachi Koki Co., Ltd.
- Makita Corporation
- MAX Co., Ltd.
- Sumake Industrial Co., Ltd.
- Techtronic Industries Co., Ltd.
- Wacker Neuson SE
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- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aimco Global
- C. & E. FEIN GmbH
- DeWALT
- Hilti Corporation
- Hitachi Koki Co., Ltd.
- Makita Corporation
- MAX Co., Ltd.
- Sumake Industrial Co., Ltd.
- Techtronic Industries Co., Ltd.
- Wacker Neuson SE
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 292 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.2 Billion |
Forecasted Market Value ( USD | $ 5.1 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |