Construction & Manufacturing

Power Tools Market in the US 2015-2019

  • TEC222346
  • 63 Pages
  • April 2015
  • Construction & Manufacturing
About power tools
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.
Technavio's analysts forecast the power tools market in the US to grow at a CAGR of 4.22% over the period 2015-2019.
Covered in this report
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.
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 and 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
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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